Great book on BitCoin and Blockchain that does a really nice job of explaining the fundamentals in a clear yet comprehensive way.
It’s a simpler read than the one that I mentioned before. Apparently there’s a new one scheduled to be published in March 2017. Definitely worth a read.
Another funny one from the New Yorker
- 13k software companies applied to YC this year; ~240 get in (2x harder than Stanford)
- Collectively, YC companies are worth $80B (5x growth in last 5 years).
- A quote from a slide titled: “VCs: Soulless Agents of Satan or Just Clumsy Rapists”
Well worth the read.
Nice little article in the New Yorker this week about a company, Juno, that’s trying to take on Uber, by essentially treating its drivers better: 10% commission instead of ~25% and a opportunity for the drivers to take a stake in the company.
Right now it just operates in NYC. Worth a quick read.
The Economist had a nice article on Uber this week and how it’s poised for world domination.
Apparently, it now operates in 72 countries, 425 cities, with an estimated revenue of ~$4B/year. However, most of Uber’s bookings are just made in 20 of those 425 cities. Worth a quick scan.
For those that are tired of having just a surface level understanding of BitCoin and BlockChain, one could do worse than read a new book by academics at Princeton.
It doesn’t dumb anything down, but at the same time the authors try to explain things in a relatively clear way. And as you can see from the table of contents, it’s pretty comprehensive. (If you don’t want to buy the book, apparently there’s a freely available PDF here. If you don’t want to read, the video lectures are here )
The Economist has a nice special report on AI – both a little history and its implications here. A couple of titbits caught my eye:
- “Instead of people writing software, we have data writing software”
- It was not till 2012 that deep learning came to fore
- Only 0.5% of American workers are employed in industries that emerged since 2000
- A Japanese firm is selling weird looking goggles to help thwart facial recognition systems
Well worth the read.