Yesterday, the folks at Andreessen-Horowitz released a slide deck on their reasoning why "this time it is different" on tech funding and bubbles. It is worth a little of your time but here are the take aways: The amount of money going into tech start-ups is still much less than it was in the dot.com …
Continue reading "The Shift from Public to Private Markets in Tech Funding"
We are in the early stages of an era of great technological change. Digital innovations are remaking our industries, economy, and society just as steam, electricity, and internal combustion did before them. Like their predecessors, computers and their kin are engines of great prosperity. Progress with hardware, software, and networks is improving our lives in …
Chris Sacca, an investor who predicted Twitter's success ahead of everyone has penned some thoughts. If you are really interested, it is worth the read but he helpfully provides a summary. Twitter simply needs to: Make Tweets effortless to enjoy, Make it easier for all to participate, and Make each of us on Twitter feel …
It happens often. An old media company makes a crazy and misunderstood statement about new media. Sometimes I start to think that after all of these years, maybe just maybe, they will start to get it. But then a story appears that demonstrates how far off things are. That happened today. The Globe and Mail …
After years of seeming missteps (e.g., Google Plus, Google Glass, Google Wave, Google Keep), Google roared back yesterday with a new Photos service. This seems pedestrian in terms of Google's usual ambitions but actually it is incredibly on mission; that is, if Google's mission is to organise the world's information. The new service is billed …
Continue reading "Google's Big Photos Jump and Machine Learning"
John Nash passed away yesterday. He was killed, along with his wife, in a taxi accident. Nash is not a figure who had a recent and continual impact on economics but he is perhaps the person who had the single idea with the most important impact on economists of anyone. That idea was equilibrium or …
Yes and no. I raise this issue today because of the extract from a soon to be released book, Losing the Signal: The Rise and Fall of BlackBerry by Jacquie McNish and Sean Silcoff that appeared in the Wall Street Journal. I happen to have read this book for a forthcoming review of it in …
From my twitter feed at the annual American Economic Association meetings, we knew it was coming: Paul Romer (the founder of endogenous growth theory) had levelled an attack on many macroeconomic theorists including his advisor Bob Lucas. The nature of this attack would have to arrive in May when the article appeared in the American …
What is the economic value of online behavioral data? It is a seemingly simple question. Define the terms. Behavioral data refers to information produced as a result of actions, typically commercial behavior using a range of devices connected to the Internet, such as a PC, tablet, or smartphone. Behavioral data tracks the sites visited, the …
So I have had the Apple Watch for a week. "Of course you have," you may say. But my spouse has had it too and she is not one to adopt things early. That may assure readers that perhaps some more objectivity may come with this review. I waited a week so that I could …
