Dual n-back, coffee, LSD. All things people swear make you smarter. Coffee has proven to make brain work better. But it's only temporary. LSD...well, I've never tried it, but people swear by it. Not sure if scientists would be allowed to try it on test cases.
Lumosity fined $2M for deceptive ads of “Brain Training” app
31–40 of 259 posts
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#32Great article on this trend of investors/entrepreneurs with no scientific background thinking they can get into the space and "shake things up": Silicon Valley is confusing pseudo-science with innovation [0] > I don’t think all the VC firms that are moving into the space know what they’re doing — so I think you only need a couple of nasty failures to get them to pull back. Take Pathway Genomics, for instance, which w…
More likely, what will happen is the the BS artists that smell money will go away (and their financiers) leaving the field again to those that were active there before a few high profile exits brought the smell of blood.
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#33I just wanted to share my thoughts, which are simply: "Thank God!" I've been working on a startup: http://synaptitude.me/ (demo is old) Essentially, we can do some of what Luminosity claims (and have independent studies to prove it). Every time someone goes: "Oh it's just like Lumosity" I have to go through and explain the difference. My wife has a degree in neuroscience and I minored in BioE, and we both just HATE L…
Just don't be seduced by the dark side. Be honest with how accurate your tools are. The results will speak for themselves.
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#34Great article on this trend of investors/entrepreneurs with no scientific background thinking they can get into the space and "shake things up": Silicon Valley is confusing pseudo-science with innovation [0] > I don’t think all the VC firms that are moving into the space know what they’re doing — so I think you only need a couple of nasty failures to get them to pull back. Take Pathway Genomics, for instance, which w…
> In the next couple of years, we're probably going to see companies like Nootrobox, Stemcentrx, and Theranos go belly up, after which investor interest in the healthcare industry will dry up, just as it did in the energy industry after the late 2000s. More likely, what will happen is the the BS artists that smell money will go away (and their financiers) leaving the field again to those that were active there before…
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#35I just wanted to share my thoughts, which are simply: "Thank God!" I've been working on a startup: http://synaptitude.me/ (demo is old) Essentially, we can do some of what Luminosity claims (and have independent studies to prove it). Every time someone goes: "Oh it's just like Lumosity" I have to go through and explain the difference. My wife has a degree in neuroscience and I minored in BioE, and we both just HATE L…
Can you make that stronger claim? Is there a review article that we can Google?
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#36>The order also imposes a $50 million judgment against Lumos Labs, which will be suspended due to its financial condition after the company pays $2 million to the Commission. So does that mean after paying this fine, Lumosity is in financial trouble?
It means they don't have $50m. I'd say that shouldn't matter, we don't give the poor a discount on parking tickets either (actually, we usually make them more expensive).
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#37I just wanted to share my thoughts, which are simply: "Thank God!" I've been working on a startup: http://synaptitude.me/ (demo is old) Essentially, we can do some of what Luminosity claims (and have independent studies to prove it). Every time someone goes: "Oh it's just like Lumosity" I have to go through and explain the difference. My wife has a degree in neuroscience and I minored in BioE, and we both just HATE L…
This is unfortunately not rare at all and the 'hotter' a market seems the more of these BS artists will enter. In the end you have the same product and the same relationship with your customers but you're going to end up spending a lot of time differentiating yourself from the snake oil peddlers and the damage they can do is very real.
Good companies have gone under in the wake of the scandals triggered by the fakers. Playing a long game while your field is being torn up by people playing a short game is extremely frustrating.
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#38Dual n-back, coffee, LSD. All things people swear make you smarter. Coffee has proven to make brain work better. But it's only temporary. LSD...well, I've never tried it, but people swear by it. Not sure if scientists would be allowed to try it on test cases.
anyone who says lsd makes you smarter is already stupid.
Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#39Re: Lumosity fined $2M for deceptive ads of “Brain Training” app
#40Great article on this trend of investors/entrepreneurs with no scientific background thinking they can get into the space and "shake things up": Silicon Valley is confusing pseudo-science with innovation [0] > I don’t think all the VC firms that are moving into the space know what they’re doing — so I think you only need a couple of nasty failures to get them to pull back. Take Pathway Genomics, for instance, which w…