I've been digging into futuristic technology and uncovered an article by Mike Edelhart on Yahoo/Tech news entitled, 9 Technologies That Will Soon Be Inside You. It's interesting news and there just might be some up and coming products to invest in.
I have to admit some of these tech products freak me out. These aren't ideas, they're working prototypes and the concepts, along with the business models, makes sense for each. It's easy to be comfortable with these, we already have several medical implants.
Here's the list: implantable smartphones, healing chips, cyber pills, implantable birth control, smart tattoos, brain-computer interface, meltable bio-batteries, smart dust and the verified self. Is this the biblical mark of the beast? Read the full article with the slide show here.
2023 WTF - What's The Future
Future predictions are often made from technical analysis, which is more or less mapping past behavior to numerical values to provide direction over time. Consider that everything is in a constant state of motion. Motion in this sense in the flow of money, where resources are being placed and reallocated from.
As a simplified example, let's compare money and water without all the complexities. The amount of water on the planet is always the same. Sometimes it's stored in lakes, reservoirs, oceans, people, crops, but there's always the same amount of water on the planet. You can't destroy it, you can pollute it, clean it, and what evaporates here ends up as rain somewhere else. Glaciers melt, oceans rise etc, but still the same amount of water exists.
The supply of money is much more complicated, but this is a simple example. When I hear that money was wiped away or billions lost from various investment vehicles, most of that growth was fictitious to begin with, sinking below initial investment levels to actual value is the real loss numbers and those dollars end up being reallocated just like water. Crypto was and is a Ponzi scheme. And, those base crypto investment dollars have resurfaced as luxury homes, vehicles, lavish lifestyles by the people who got in at the beginning. Sorry to those of you who lost and thought this was a way to get rich quick, i.e. get something for nothing, but nature has a way of balancing the equation. Money flowed into these investments, but that doesn't justify the value of them. A stock with a P/E ratio of 2000 times earnings is a mistake of the same sort. Long way to a point, but follow the money and make sure your future investments are backed by solid principals.
The future holds a correction in the markets and in so many other areas. Gartner forecasts IT spending to grow 5% overall in 2023 with 11% placed in software development. Read the article here and decide where and why to put your development resources. Domain names are the cornerstone of developing a new company, a new brand, product line or income stream. Get the best names while you still can.
Blockchain technology can be boiled down to an accounting ledger built on a network of servers. There's a detailed article and infographic included on Recode.net that will give you an overview of how any why this financial technology will shape more than just crypto currency transactions in the future.
Blockchain technology is developing very quickly into an established transaction method and disrupting the financial services industry.
Read more about blockchain technology Recode.
I left high school a full year early, and as a condition of early graduation my parents had to sign off on it being under 18 years old. They had another condition too, that I attend the local junior college and take at least two classes. As a master of the minimum, that's just what I did, took only two. I took Intro to Business for exactly what it was and Criminal Justice out of curiosity.
I got lucky with my Intro to Business class, the professor was a self made millionaire teaching for only a dollar in salary per year. He had quite an opinion and one of the best pieces of investment advice that I picked up came from him. Simply put, to make money in business you need to look for trends.
Here's 15 trends in technology from the Business Insider that are shaping the future.
Text to neighbor:
Hi, Fred, this is Richard, next door. I’ve have a confession to make. I’ve been riddled with guilt for a few months and have been trying to get up the courage to tell you face-to-face. At least I’m telling you in this text and I can’t live with myself a minute longer without you knowing about this. The truth is that when you’re not around I’ve been sharing your wife, day and night. In fact, probably much more than you. I haven’t been getting it at home recently and I know that that’s no excuse. The temptation was just too great. I can’t live with the guilt and hope you’ll accept my sincere apology and forgive me. Please suggest a fee for usage and I’ll pay you. Regards, Richard
Fred, feeling so angered and betrayed, grabbed his gun and shot Richard, killing him. He went back home and poured himself a stiff drink and sat down on the sofa. Fred then looked at his phone and discovered a second text message from Richard.
Second text message:
Hi, Fred. Richard here again. Sorry about the typo on my last text. I expect you figured it out and noticed that the damned Auto-Correct had changed “wi-fi” to “wife.” Technology, huh? It’ll be the death of us all. Regards, Rich
Several articles came out about US Marshall's using small aircraft to gather data on all US citizens and that's it. There's no follow up, no more that will come of it and the data mining will continue unabated. Steve Wozniak, co-founder of Apple said years ago that privacy is dead. And, to my surprise it went with out a fight or even the smallest hint of a protest.
The right to privacy is one of the fundamental rights in the Bill of Rights, actually it's number 6 on the list of 10 rights that were so important they were added to the Constitution. Except for a few articles, from the Wall Street Journal to Fox News, it doesn't even make the nightly news. Is it that people just don't care, is it a trade off for keeping law and order among the masses? Or is this incident just one of the many ways that our freedoms are rapidly eroding? What happens when you act outside of your profile? How many alarm bells ring then?
Read the full article on TechNewsWorld.com.