#60: tech is fashion, blockchain is for community and we have meetups
Brought to you today by @youngarjeezy Editors notes in <!--comments-->, pls ignore.
State of Artificial Intelligence The new Yves Saint Laurent ad features Stanford AI-researcher Alexandre Robicquet riding a motorcycle into his office, spending the day exasperated working on a problem (=fluffing his hair about), and then ending the evening in a full-on Steve Jobs style townhall keynote.
First of all – to all of you who wrote in on the last newsletter’s story surprised that AI + Bitcoin payments were being used to catch sex traffickers:
1. You’re missing the point, it caught a sex trafficker! 2. Blockchain is an open, decentralised ledger. No, that does not mean it’s anonymous.
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Let's get back to today – I have a good one for you:
A startup ran an experiment. They identified a Facebook Group of local mothers and gave them a cryptocurrency ("Hearts") to trade things "like recycled toys or singing lessons that until then had not been changed for money."
It turns out, there was "tons of potential commerce between these moms that wasn’t being expressed in dollars.
Now that's a use case for India if I ever saw one. Here what you need to do:
Step 1: Go hang out in Whatsapp groups Step 2: Build them a cryptocurrency Step 3 (this is hard): Create real value by enabling trade of goods/services Step 4: You call me, I fund you. Step 5: Unicorn baby. Step 6: We hang out on your private yacht sipping cocktails that have little straw hats in them.
Ah crypto, easy come, easy go.
This newsletter wasn't feeling visual enough today so here's a picture:
Personal security or SIM card?
Equifax, one of the three main companies that calculates US credit scores, leaked personal and financial data of 143 million individuals in a data breach. This is going to affect millions of people for years to come.
With forced adoption of Aadhaar on everything from bank accounts to SIM cards in India, it is important to consider once again the implications of relying heavily on a system which is clearly in its infancy.
Happenings at Investopad
We have a new intern in charge of events – and apparently emojis… I miss the days when they were just called "emoticons" = emotions + icons, so sensible!
"What if the future of the car is not driverless? I’m exploring a future in which sensor technologies enhance the driver’s awareness. Instead of eliminating the human dimension, the driver is more fully integrated into the vehicle. The car becomes driverful." – Jonathon Keats // Nautilus: When Driver and Car Share the Same Brain
"Every ball is lathered with gratuitous action, spin for spin’s sake, spin as slapstick, luxuriantly massaging every shot as if to feel the racket head moving over the ball, string by string." – Peter de Jonge // New York Times: How Roger Federer upgraded his game