Facebook is down a bit. It’s been a long time coming.
Some are still bullish, pointing to biz chat and TV advertising.
I’m still not sure about the underlying economics. Do social ads even work at all? Can a company stock go up even if it produces no value?
I’m not an economist, but I guess so.
The Wall Street Journal and New York Times are both in favor of the current free trade setup. Are they reporting the destruction of value as success?
We’re in a rut and need to innovate our way out of it.
Otherwise where’s the beef?
… or may be soon. I wouldn’t be much of a blogger if I reported yesterday’s or even today’s news.
The level of innovation has gone down since 1900. It ought to be way up. To try to find what’s really going on is always a challenge. Later, we’ll know, sure -> but later lately seems always to be much too late.
For now, we can try reading the tea leaves and looking for clues:
- Google and Facebook have flooded the market with free goods, which directly benefits their hold on advertising.
- Established players are afraid of startups, so they control the accelerators and incubators.
- There’s no money to be made in mobile apps, thus little innovation.
- Innovative startups don’t get funding.
- Most startups that get funding don’t make it because they’re not innovative.
- The press writes articles with proscribed keywords, such as “the latest trend”, “got $10M in venture funding”, in order to generate ad revenue.
- The tech economy hinges on advertising rather than creation of value.
- Finance is unhinged from production.
- Do we need new economic and political models that take all this into account?
- Should we prepare for a bubble? One might argue that Facebook and Google ads don’t work. What will happen if people realize / acknowledge that?
- Are we headed toward WorldWideWebMart? Digital dystopia? Bladerunner or Terminator?
- What will be in our time-capsule? A printout of a social networking page?
Maybe this is what people have been protesting about, whether they knew it or not.
A new version of Laserthread has been released.
We have made a sincere effort to design something even better than Apple could have designed itself.
Stay in touch. Life, and time, are precious.
Available in the App Store:
I am pleased to announce that my new search engine, ESPforMe, has passed a major test and is now capable of searching the Web via brainwaves. I’ll be providing a sneak peak at TechDayNY at Brooklyn Tech Loft.
We’ll be at TechDayNY this Thursday in the General section.
Look for breaking news.
1. Laserthread is dedicated to iOS. Seamless and elegant.
2. Apple needs to diversify. Social is trending down; chat and messaging are up. Laserthread is both social and messaging, with a potential reach exceeding any other platform.
3. Laserthread is cool. It uses hobo signs for navigation!
Laserthread Chatwork is in the App Store.
BooleanGrid uses a unique algorithm based on quantum mechanics, chaos theory, and game technology to resolve uncertainty and predict the market. *Covered in AlleyWatch*
Bloomberg, Thomson, Money.net, and TD Ameritrade assume the market is rational. Everyone knows that’s not true. No wonder pros using them can’t even tie the market average!
BooleanGrid uses advanced game technology and live data to reveal the hidden matrix powering the market – and puts you in control. Master the chaos and have the market dance in the palm of your hand!
View BooleanGrid in the App Store
Every stock app assumes the market works in a neat and tidy way, by cause and effect.
Not true – it’s chaos, obviously, if you’ve ever seen guys running around the floor of the stock exchange, yelling and throwing paper slips around.
BooleanGrid is the first to acknowledge that the market is chaotic.
See post on Google+
It’s really obvious that traditional stock screeners don’t work. Lots of articles all over the Web show this in embarrassing detail: random dart throws do better, monkeys do better, blindfolded monkeys do better…
This is a big issue, since zillions of dollars are invested by pros using these screeners. Why do they persist? Because it’s the only game in town.
That reminds me of a joke I used to know. I saw a drunk under a streetlight one night, crawling around with his head to the ground. When I asked him what he was doing, he said “Looking for my car keys.” I said “I don’t see any cars around here.” He said “My car’s parked a couple miles away, that’s where I lost my keys.” “Why are you looking for your keys here then?” I said. “Because the light’s better” he said.
The stock market is chaotic, so you can’t predict it using cause and effect, or classical logic.
It’s just as simple as that.
Everyone knows it too. Yet all the major Wall Street players use bogusware that assumes the market is a giant Rube Goldberg machine.
Wow, the emperor is naked now.
Time for something new…
I created Laserthread for President Obama so he could hold private meetings with all 200 countries in the United Nations at once, without worrying about who heard what.
How is that possible?
Laserthread combines your friends from various social networks, and, crucially, maintains all of their relationships.
So everybody in the United Nations can see posts from President Obama, and he can see posts from them, and they can all, only see posts from those with whom they are allied.
That’s why it’s called Laserthread.