š®Ā Appleās auto ambition; robots, humans, work & cheese; inconspicuous consumption; fake news; media futures; plastics, Goldman, Ibn Khaldun++ #118 Ā
How to win as a vertical AI startup. Artisanal cheese and the future of work. Can cyclists and driverless cars co-exist? Sugar + CO2 = Plastics.
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DEPT OF THE NEAR FUTURE
š“ļø Vertical AI startups which solve industry-specific problems by combining AI with deep know-howĀ are attractive, argues Bradford Cross.
š³ Ā Inconspicuous consumption is the invisible divide between classes, argues Elizabeth Currid-Halkett. Two takes on her work here:Ā clear overview in Quartz & the FT on the relationship with Trump-bashing.
š§ Ā The future of work and artisanal cheese. I take a playful look at the future of work in a world of perfect robots. Connects to Currid-Halkettās ideas above. See also the FTās fun āCan a robot do your job?ā. Interactive
š„ Why is Amazon acquiring Whole Foods?Ā To extend its food business, acquire a physical footprint in tony locations and attract a bigger share of the affluent wallet.
š Ā TheĀ secret origin story of the iPhone. THRILLING
DEPT OF FUTURE OF MEDIA & FAKE MEDIA
āOur problem isnāt āfake news.ā Our problems are trust and manipulationā argues Jeff Jarvis in this must-read essay. He explores the handbook of Russian infowar and manipulation and urges us to āstarve the manipulators of money but more importantly of attention, exposing their methods without giving unwarranted attention to their messages.ā
Is the reclusive billionaire, Robert Mercer, behind an army of millions of fake pro-Trump Twitter bots?
šÆ Ā How Russians trap US troops by posing as attractive women on Facebook.
Instagram bots that legitimiseĀ small businesses and boost egos.
š¤ Ā Patreon is on track to funnel $150m to 50k individual creators during 2017. (Works out at $30k per creator. I assume this will be a power law distribution, so while the arithmetic mean lives at ādonāt give up the day job levelā, the reality is more likely to be a handful doing very well and a large, long-tail able to support a hobby. If you work at Patreon and want to share more, let me know.)
British media consumption by the numbers. (Recommended tweetstorm.)
DEPT OF FUTURE OF TRANSPORT
Can cyclists and driverless cars safely co-exist? Weāve written previously about the challenges of helping driverless cars deal with cyclists. This essay goes into more depth but I was bemused by this comment from Carlos Ghosn, Renaultās former CEO, who described cyclists as āone of the biggest problems for driverless carsā. One might wonder how weād look at the problem if we phrased it as āone of the biggest weaknesses of driverless cars today is their inability to deal with cyclists well.ā
Apple finally confirms it is working on an autonomous car project but wonāt say whether it will actually build a car. (One Morgan Stanley analyst is particularly bullish on Apple's chances.)
š Waymo is ditching its Firefly bubble prototype for a minivan.
Jaguar puts $25m into Lyft in a push towards autonomous driving.
Mobike will launch dockless bike-sharing in the UK, its first market outside of Asia.
š©ļø Upbeat:Ā carmaggedon is coming.
Tesla passes BMW in market cap.
As Uber goes through its management meltdown, the firm is exploring perfect āprice discriminationā (i.e. charging you what you will be willing to pay), which risks being another toxic PR cocktail.
DEPT OF CLIMATE CHANGE AND RENEWABLES
Clean energy is about to become cheaper than coal.
The equivalent of 7 Tesla gigafactories (making Li-Ion storage) are slated for completion by 2020. When on-stream, they could support battery needs for up to 8m cars per year.
The US coal industryās future could be to mine rare-earth metals for wind turbines.
Renewable energy will need massive storage systems (for when the sun doesnāt shine and the wind doesnāt blow). Examples include lakes, molten salt and trains laden with rubble.
šŗ Chinaās Li-Ion battery output is up 28.2% in one year.
On the 1912 news story that forecasts anthropomorphic climate change.
SHORT MORSELS TO APPEAR SMART AT DINNER PARTIES
Islamic scholar, Ibn Khaldun, had ideas about economics centuries ahead of his time.
āØļø Ā DevelopersĀ who use spaces earn 37% more than those who use tabs.
WhatĀ buzzwords are trending among techās influencers? (Nice visuals)
š¬ Scientists make plastics from sugar and CO2Ā (no oil derivatives needed).
#ļø Over 1 in 10 UK jobs are in tech.
Goldman Sachs has AI doing jobs previously done by $326k associates.Ā (See also: Facebook's AI created its own languageĀ and this nice write-up of deep nets learning to reason a bit like symbolic systems.)
š¢ Ship graveyard underneath San Francisco.
NASA discovers a solar system "remarkably similar" to ours.Ā š
ā The way you draw circles could give clues about your geographic and cultural upbringing.
WHAT YOU ARE UP TO
My friends at Blueyard Capital are hiring an analyst. If you like the idea of investing in next generation web protocols, lighting up dark data with neural networks or bringing together folks on quantum computing, I think you'll enjoy this role.
END NOTE
I'm intrigued about private space endeavoursĀ (in particular private constellations for data tx or for ESO); if you're involved in this area I'd love to hear from you.
And it's Father's Day in the UK so, for any Dads out there, have a great day!
Best
Azeem
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