NYC Will Be the Leader in AI

New York City will surpass Silicon Valley as the leader in Artificial Intelligence (AI), but we must take a human approach.

Just as electricity transformed almost everything 100 years ago, today I actually have a hard time thinking of an industry that I don’t think AI will transform in the next several years.
— Andrew Ng, Founder of Google Brain

NYC has always been enterprise focused and that’s where the opportunities lie for AI startups. In the last decade, enterprise talent has been fueling the startup ecosystem, talent that knows the industry gaps and how to get months long deals cycles closed. This revenue-driven approach, deep understanding of industry and focus on enterprise will allow NYC AI companies to rise above the hype.
— Steve Kuyan of Future Labs

A lot of opportunity exists in the enterprise, post-consumer side of AI. New York has deep resources within media, finance, retail, and real estate. The large businesses that have been built without AI get that an AI-related solution could really disrupt what they’re doing. Companies that fit into that category will want to beef up their AI capabilities.
— John Frankel of ff Venture Capital
[New York has] 600,000 students and 81 colleges. That’s the highest number of any city in the country, and gives New York an advantage over the next decade. NYU’s Future Labs effort to work with startups brings academics closer to [small] business.
— John Frankel
Artificial intelligence will be worth $1.2 trillion to the enterprise in 2018
According to Gartner, the global enterprise value derived from AI will total $1.2 trillion this year, a 70 percent increase from 2017.
AI-derived business value is projected to reach up to $3.9 trillion by 2022.

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Silicon Valley is a Ponzi Scheme

Digital companies tend to grow a whole lot faster than industrial age companies. It’s a lot quicker to scale up on Amazon Web Services than it is to build factories, deliver goods to showrooms, or establish global supply chains. Digital companies and business models also tend to scale more totally and rapidly than their predecessors. So while automobiles replaced horses in the industrial age, that took decades to happen and involved many different automobile manufacturers. When Amazon replaces the book industry, or Uber replaces the taxi industry, it happens a lot more rapidly, and there’s often one dominant player.
The main way the digital version of capitalism is more destructive is that most of these business models are not developed for long-term prosperity. The businesses do not need to succeed. They simply need to dominate their markets completely enough to establish monopolies, and then leverage those monopolies to move into new verticals. Amazon chose the book industry because it was low-hanging fruit: a vulnerable industry with no growth potential, easily disrupted by a player with a big enough war chest to undercut everyone’s margins. Amazon doesn’t need to make money with books.

http://www.rushkoff.com/medium-douglas-rushkoff-growth-became-enemy-prosperity-fix/

While many VCs like to say they invest in people, very few of them have a goal to change the world, Blank explained. In reality, most of them have bosses, and singular goal is to make money.
“While they might like you, you’re just part of a liquidity Ponzi scheme,” he said. “Their only goal is to make you liquid or go public. They will support you to do that, but that’s about it.”

View story at Medium.com

Chamath Palihapitiya, the outspoken Silicon Valley tech investor, called the start-up economy a charade on Wednesday, while also addressing the current the state of Social Capital, his embattled investment firm.
“We are, make no mistake … in the middle of an enormous multivariate kind of Ponzi scheme,” said Palihapitiya, at the Launch Scale conference in San Francisco.
Palihapitiya slammed the start-up cycle of raising funding rounds and spending money to boost user growth to attract bigger funding rounds.
“It’s all on paper, but it looks amazing,” Palihapitiya said. “You’ve been told to grow, so you’re growing. You’re doing your job.”

https://www.cnbc.com/2018/10/10/start-up-economy-is-a-ponzi-scheme-says-chamath-palihapitiya.html
Silicon Valley Ponzi Scheme

We face a form of capitalism that has hardened its focus to short-term profit maximization with little or no apparent interest in social good.

Seth Klarman HBS
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Was AIDS/HIV Created in a Lab?

“You know why people don’t like liberals? Because they lose. If liberals are so fuckin’ smart then how come they lose so goddamn always?”

Douglas Rushkoff did a podcast and a Medium post on “How We All Became Russia’s ‘Useful Idiots,’” they reference The New York Times video below:
The films chronicle the Russian effort to spread conspiracy theories in the United States since the 1980s, beginning with the planted story in an Indian newspaper about the AIDS virus being concocted in a U.S. military lab, right through the story about Hillary Clinton running a child sex ring out of the basement of a pizzeria — which turned out to have no basement. The movies show how 85 percent or more of Russian intelligence activity and budgeting went to promoting fake news stories in the United States. Intelligence agents’ yearly review focused primarily on how many ideas they came up with for conspiracies and how many they were able to get picked up by dupes, called “useful idiots,” such as Alex Jones and Sean Hannity. The possibility that a U.S. president would retweet such planted stories, or even repeat them in his speeches, was beyond their wildest hopes.

Putting It All TogetherNeither The New York Times nor Douglas Rushkoff really gets it. In 1991, I wrote Putting It All Together which included a chapter about the possibility of AIDS/HIV being a biological warfare operation. For one, there is great deal of circumstantial evidence beyond the planted news stories.
In 1978–1981, the CDC conducted a hepatitis B vaccine experiment on homosexual men living in New York City, San Francisco and Los Angeles. HIV/AIDS was first detected among the participants in the CDC hepatitis B vaccine trial and quickly spread throughout the gay community in those cities. The gay men in the experiment were injected with a vaccine that had been made using human hepatitis B infected blood which was injected into chimpanzees known to be infected with the cancer causing simian virus 40 (SV40); the virus that had contaminated the polio vaccine.

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America is Not the Greatest Country in the World Anymore

“Chinese citizens have the sense that they’re in a country that can do anything. I remember that growing up. America felt like that in 70’s, 80’s, and 90’s and it went away.”

“You know why people don’t like liberals? Because they lose. If liberals are so fuckin’ smart then how come they lose so goddamn always?”
“We lead the world in only three categories: Number of incarcerated citizens per capita, number of adults who believe angels are real, and defense spending, where we spend more than the next twenty-six countries combined, twenty-five of whom are allies.”

“Go into the London Stock Exchange – a more respectable place than many a court – and you will see representatives from all nations gathered together for the utility of men. Here Jew, Mohammedan and Christian deal with each other as though they were all of the same faith, and only apply the word infidel to people who go bankrupt. Here the Presbyterian trusts the Anabaptist and the Anglican accepts a promise from the Quaker. On leaving these peaceful and free assemblies some go to the Synagogue and others for a drink, this one goes to be baptized in a great bath in the name of Father, Son and Holy Ghost, that one has his son’s foreskin cut and has some Hebrew words he doesn’t understand mumbled over the child, others go to heir church and await the inspiration of God with their hats on, and everybody is happy.”
~ Voltaire


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Democrats & People of Faith

So it’s not surprising then that they get bitter and they cling to guns or religion or antipathy towards people who aren’t like them…
~ Barack Obama
April 2008

The Democratic Party needs to be more welcoming and less condescending towards people of faith.

Christian Cultural Center

I attended the above event at the Christian Cultural Center in Brooklyn, New York. Leading one of the sessions on The Art of Preaching were Reverend Scott Jackson and Hallerin Hilton Hill from New Life Gathering in Knoxville, Tennessee, shown below.

Reverend Jackson introduced a quote by Reverend Timothy Keller, the extended version of the quote is below:
The difference between a bad sermon and a good sermon is largely located in the preachers — in their gifts and skills and in their preparation for any particular message. Understanding the biblical text, distilling a clear outline and theme, developing a persuasive argument, enriching it with poignant illustrations, metaphors, and practical examples, incisively analyzing heart motives and cultural assumptions, making specific application to real life — all of this takes extensive labor. To prepare a sermon like this requires hours of work, and to be able to craft and present it skillfully takes years of practice.
However, while the difference between a bad sermon and a good sermon is mainly the responsibility of the preacher, the difference between good preaching and great preaching lies mainly in the work of the Holy Spirit in the heart of the listener as well as the preacher…
…We should do the work it takes to make our communication of God’s truth good and leave it up to God how and how often he makes it great for the listener. ‘Should you seek great things for thyself? Do not seek them’ (Jeremiah 45:5).
This quote piqued my interest and I asked a follow-up question about the difference between good preaching and great preaching. While I don’t quite recall Mr. Hill’s response, Reverend Jackson’s answer included the idea of conveying brokenness.

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White Rage and the Coming War with China

The hope is that this is still the greatest country on the face of the earth.

American leadership is challenged around the globe and inside our own country, our institutions are under attack from all parties. We no longer trust our leaders.
Vincent R. Stewart
Lieutenant General, USMC
The United States has been the leading world’s economy for the last century.
The United States is currently being challenged on the global scene by China and Russia. In addition, over the past 50 years the U.S. economy has shifted from financing the exploitation of natural resources to making the most of human talent. Yet, instead of addressing these threats, many choose to double-down on the historic oppression of people of color, especially African-Americans.

World GDP in 1980

In a few years, China will be the world’s leading economy by a substantial amount.

World GDP in 2022

It’s interesting to note that in 1960, China was the fourth largest economy, but dropped out of the top 10 a number of times between 1978 and 1991.

The China Miracle

China poverty in 1978

In 1978, 90 percent of the Chinese people lived below the extreme poverty line. By 2014, 99 percent lived about the extreme poverty live.

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Artists Only Got 12% of Music Industry Profits in 2017

Why does the United States treat its music performers the same as China, North Korea, and Iran?

Prine

The sky was all purple
There were people runnin’ everywhere
Tryin’ to run from their destruction
You know I didn’t even care
They say two thousand zero, zero
Party over
Oops, out of time
So tonight I’m gonna party like it’s 1999

In the U.S., music revenue and consumer outlays were steadily increasing until 2000.

Music revenue

In 2017, according to a August 2018 report by Citi, in the U.S., the music industry generated $43 billion in revenue. The artists’ share of this $43 billion is small, just 12 percent.

music revenue distribution
artist consumer



The Song Machine by John Seabrook

Now that the dominant model has gone from downloading to streaming, additional problems have arisen. One problems is that there’s less money in streaming. A second problem, described by John Seabrook in The Song Machine is:
Month by month, Spot­ify pays the major labels lump sums for the entire market share of their catalogs. How the labels decide to parcel these payments out to their artists isn’t transparent, because, while Spotify gives detailed data to the labels, the labels ultimately decide how to share that information with their artists.
This system is privileging the stars, whom labels need most, over the lesser known artists. Seabrook speaks to Rosanne Cash, who said she made $104 from 600,000 streams. A lot of artists are getting less of a cut of a shrinking pie. But what’s happening to songwriters is much scarier, and it has the potential to truly kill the music industry. In order to get into business in America, Spotify struck a deal with the labels that does not give much to songwriters: The owner of the recording, the label, gets most of the money, while the owner of the publishing rights, the songwriter, gets a teeny piece. “If streaming is the future,” the songwriter Savan Kotecha says, “no young songwriter will be able to make a living.”

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