“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

A new interview with Thiel is up on reason.com, which took place during the Singularity Summit last September. I’ve mentioned before that, as a fellow chess player, stock trader, libertarian and Singularitarian, I am a fan of Thiel.
This quote made me laugh, because I agree:

Reason: Bill Joy, the former chief scientist at Sun Microsystems, declared in his famous article “Why the Future Doesn’t Need Us” that we have to relinquish artificial intelligence, biotech, and nanotechnology because they’re just too dangerous for human beings to handle. Is there some truth to that?

Thiel: I think it’s not even wrong. It’s one of those things that’s so far off the mark that it is not even wrong.

Thiel has recently invested in Milton Friedman’s grandson’s Seasteading Institute.

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• Memory Training Shown to Turn Up Brainpower - New York Times
  A new study has found that it may be possible to train people to be more intelligent, increasing the brainpower they had at birth.
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• twistori
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“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

The idea that the death of the sitcom will create 2,000 Wikipedia projects a year is pretty awesome, and I think true. Internet use is increasing and television viewing is decreasing, so this makes me hopeful for the future (although the traffic to youporn.com is increasing exponentially). I think making use of this cognitive surplus will add fuel to the exponential growth of information technology, and help to lead us into the Singularity.

The early phase for taking advantage of this cognitive surplus, the phase I think we’re still in, is all special cases. The physics of participation is much more like the physics of weather than it is like the physics of gravity. We know all the forces that combine to make these kinds of things work: there’s an interesting community over here, there’s an interesting sharing model over there, those people are collaborating on open source software. But despite knowing the inputs, we can’t predict the outputs yet because there’s so much complexity.

• Amazon.com: A Freewheelin’ Time: A Memoir of Greenwich Village in the Sixties: Suze Rotolo: Books
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• How To Start A Startup on Squidoo
  (tags: startup business entrepreneur)
• YouTube - googlemethemovie’s Channel
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• Amazon.com: Founders at Work: Stories of Startups’ Early Days: Jessica Livingston: Books
  (tags: books startup toread entrepreneur)

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –