Just Finished Watching The Big Short

Great movie. Gotta say, it’s pretty infuriating. And, as if we already forgot, the same cycle that keeps happening every 10-15 years is starting again just recently in 2015. Instead of a “credit default obligation” or CDO they are calling it a “bespoke tranche opportunity.” We really just don’t learn, do we?¬†

Bankers are always looking for a new fancy investment gimmick that can make them a bunch of money at the expense of the masses. I’ll be keeping a close eye on this development.


UPDATE 2016-07-25: I was actually lucky enough recently to meet the real person behind this movie,¬†Steve Eisman, (played by Steve Carrell). I asked him about “bespoke tranche opportunities.” He said they are a non-event. They are not anywhere near as threatening as the ending of the movie implies. And he also said, as cynical as he is about the banks, he thinks history is not on track to repeat itself in the near future. Was refreshing to hear from the guy who foresaw the financial meltdown of 2008.

Recent Dalai Lama Interview Talks About Materially and Physically Healthy Westerners Still Mostly Unhappy Mentally

This is why I’ve been meditating almost every day for 15 years. Although I must say, I suck at it and recently I’ve fallen off the wagon. Need to get back on it because like daily cardio exercise, regardless of how hard it is, you always feel better after and even the next day and future beyond that you did it.

A Few E-Commerce Stats You Didn’t Know


In ¬†the past few months, our 1010data reports on e-commerce have been covered over 110 times by 100 major media publications. I figured I’d post some of the highlights.

Microsoft Surpasses Apple in Online Tablet Share for the First Time
Covered by: Forbes, Fortune, Business Insider, The Register, Slashdot,VentureBeat, Yahoo! News, The Verge, and others.

Amazon Costs Google & Apple $100M/yr in Online Sales by Kicking Chromecast & Apple TV Out 
Covered by: Motley Fool, International Business Times, VentureBeat, Business Insider, Yahoo! Finance, and others.

Samsung Seeks to Gain an ‚ÄúEdge‚ÄĚ on the iPhone 6 Plus with the Galaxy Edge+ and the Note5¬†
Covered by: ZDNet, International Business Times, and others.

Who is Winning in Wearables?
Covered by: Business Insider, Yahoo Finance,  ZDNet, Blue Springs Examiner,

CPG Killed it in E-Commerce in 2015
overed by: Fortune, Wall Street Journal, AdAge, MediaPost, and others.

Online Star Wars Toy Sales Hit 12-Month High with Upcoming Movie Release
Covered by: Bloomberg.

Why Mars Will Be Colonized in our Lifetime and Why That’s So Important

Mars Rover

Incredibly inspiring, engaging and highly detailed blog and podcast about colonizing mars¬†and exactly how it’ll happen. Then it goes on to explain how from there we colonize the whole solar system and eventually the galaxy.

It really puts everything about life on Earth in perspective. Especially how rare and precious intelligent life is. And how shortsighted most of us are about what really matters.

Long, but totally worth it. You’ll be glad you read it.

Here’s the podcast version:¬†https://soundcloud.com/waitbutwhy/spacex-full-post


Artificial Intelligence (AI) is More Dangerous Than Every Other Threat Combined

Don’t want sound paranoid. If you know me, you know I’m pretty optimistic, logical, and super positive. But because people like Elon Musk and Bill Gates, geniuses whose technical and inventive prowess I respect highly, are terrified of the prospects of AI, I put some time into understanding their concerns.

After thoroughly researching the latest thinking by scientists on the subject, I tend to agree with their concerns. AI is the most likely cause of human extinction and it’ll happen so fast, we won’t even know what hit us until it’s too late.

I now believe that the¬†threat of artificial super intelligence (ASI) is a greater threat than terrorism, nuclear war, pandemics, and global warming combined. It’ll happen faster and more outside of our control than any of those. And it appears to be inevitable. Good luck… us. ūüôā

If you’re too lazy to read about it, here’s a video that summarizes the threat of artificial intelligence.

AI Surpasses Human Intelligence
AI Surpasses Human Intelligence

Here’s the realistic summary:

  1. By (pick a year in the next 40-50 years) 2054 computers have the processing power close to matching human brains.
  2. Hundreds of companies are building revolutionary technology that make lives better and easier for humanity that involve nearly human intelligent, self learning, self improving computers.
  3. One March 23, 2054 at 2:31 PM Eastern Time one of these companies makes an update to their software that passes the threshold between pre-human and post-human intelligence.
  4. That system begins immediately self improving at a rate faster than any human can conceive.
  5. By 3:30 PM the system has infiltrated the entire Internet and covertly begins executing its programmed goal, which typically involves eliminating any risks to achieving it, such as any human that could stop it. i.e. eliminate humanity.
  6. Thirty days later all humans are dead and the computer takes over the entire planet, then solar system, and then expands from there carrying out a programmed goal, call it, solving the number PI to ever increasing decimal points.

Continue reading “Artificial Intelligence (AI) is More Dangerous Than Every Other Threat Combined”