81–90 of 152 posts
1. Rockets 2. Cost of launch locks out potential customers and limits R&D uses. Global launch cadence is slow; getting into orbit is a multi-year adventure. 3. Yes, we're working on reusable rockets. However, this only goes so far. Personally, I think that more money needs to be put into non-rocket modes of space travel, so that there's some competition. The fundamental problem is that it takes so much energy (and, w…
I think there's a massive opportunity to lower costs and improve user experience in every area. I wish Apple used their pile of cash to invest in a big vertically integrated healthcare service - a chain of hospitals, in-house-developed software throughout, improve user experience, integration and tech on every level. Basically healthcare rethought from the ground-up with Silicon Valley consumer-oriented mentality. Yes, extremely daring, but they're in a unique position to pull that off.
2. Oligopoly[0] just a few companies who deliver live results.
You would need a ton of cash upfront, to hire people who would watch the games and would press buttons in order to inform you about results so you could parse them and deliver live results which eventually would become a live API.
But as you can see, there are people involved in this, who watch all those games, if you can manage to automate this, without requiring too many people, you are a rich man.
Let's put in that way, almost everyone consumes their API if they are offline, we are offline.
Intersection of trading and data mining. I've said this a few times but we're going through a growth period like AAA video games have over the past 20 years. I used to be that 2 guys could make a video game, then it went to 10, then 50, now its around 200 from what I've last heard. Hedge funds are going through a similar shift. It used to be that one person could manage data cleaning, and algo generation for a fund.…
I think here is an idea isn't unique to Quants/finance: curated datasets. Hosted data-sets that are fully cleaned, verified and kept up to date. You pay a fee for the feed, which essentially covers initial and on-going curation. Fees would probably be based on usage (dev/test/commercial etc) but also the realistic market value of curation. There's a mile of difference between a data-set that's been fed through a few…
The edge is something you have and other people don't.
Enjoy your feature engineering.
(Meaning: selling the same curated data product to many customers undermines its value. Overpricing it and selling only to the selected few, on the other hand...)
It's a difficult problem, but food just takes too much of people's time. Something like a personalized service that brings you food according to your own nutritional schedule would be nice.
Of course the existence and popularity of something like Soylent goes against my assumptions. I imagine there are just people who value their time over enjoyment from food, as well as people who feel the opposite.
Intersection of trading and data mining. I've said this a few times but we're going through a growth period like AAA video games have over the past 20 years. I used to be that 2 guys could make a video game, then it went to 10, then 50, now its around 200 from what I've last heard. Hedge funds are going through a similar shift. It used to be that one person could manage data cleaning, and algo generation for a fund.…
1. Legal 2. Excessive costs, lack of performance among professionals 3. Change in attitude seems to be the biggest factor. If lawyers stop being about fighting and competing and persuading and more about tackling problems, getting to the truth and finding solutions, we can have a much better chance of succeeding. There is a lot of opportunity for automation that no one seems to want to get involved in. A good example…
1. Rockets 2. Cost of launch locks out potential customers and limits R&D uses. Global launch cadence is slow; getting into orbit is a multi-year adventure. 3. Yes, we're working on reusable rockets. However, this only goes so far. Personally, I think that more money needs to be put into non-rocket modes of space travel, so that there's some competition. The fundamental problem is that it takes so much energy (and, w…
What problem do rockets solve?
Solution: Rockets.
It's a difficult problem, but food just takes too much of people's time. Something like a personalized service that brings you food according to your own nutritional schedule would be nice.
I feel that a lot of people receive a lot of joy from selecting good food from a variety of options. I think with the immense popularity of websites/apps like Yelp, people are even more picky eaters than ever before. I think this makes a personalized food service incredibly difficult to appease a wide net of people and tastes while considering things like costs and logistics. Of course the existence and popularity of…