Agreed on some of it. Crypto though is the glaring aspect I disagree with completely (cue people likening it to the internet and the dot com boom instead of tulips with a serial number).
Interesting Tech Markets for 2019
41–50 of 98 posts
Re: Interesting Tech Markets for 2019
#42I'd love to hear more about perceived opportunities in legal tech. For some reason, the legal industry seems very averse to change, but I'm sure that's not always going to be the case. (Lawyer here).
First job of legal tech: convince the Judicial Conference to make PACER free and not terrible.
Re: Interesting Tech Markets for 2019
#43Ah defense. It's just common sense that we should pour money into the military. We're just out to make money, there's definitely not an entire political viewpoint entangled in this "market opportunity". Those crazy radicals that are against killing pointlessly for imperial gains don't understand the real world. In the real world, we need the military to make the world safe for capital. WW1 was a smashing success, as…
Use of force is a separate problem from the development of weapons. I don't really have a problem with startups doing weapons development - someone is going to do it, and I have a hard time seeing how the world would be better if China or Russia took the lead on this.
> someone is going to do it
You could use that excuse for almost anything morally repugnant.
Re: Interesting Tech Markets for 2019
#44The one trend I'm sensing is that difficult human/technology problems that were once thought of as 'solved' are now becoming hard again. Think of microprocessors as a model, for years Moore's law was running smoothly and you could set you watch on upgrading your PC at least once every 3 years. The rate of improvement is slowing down as it becomes more capital intensive to advance chips, all the while the demand for p…
Technological progress has always been a series of overlapping S-curves. We all think it’s new when we notice the pattern, but it’s been going on forever.
The pace of aviation tech progress in the early half of the 20th century had most believing everyone would be flying hypersonic by now, but then the tech flattened out as it approved its asymptote.
Re: Interesting Tech Markets for 2019
#45Ah defense. It's just common sense that we should pour money into the military. We're just out to make money, there's definitely not an entire political viewpoint entangled in this "market opportunity". Those crazy radicals that are against killing pointlessly for imperial gains don't understand the real world. In the real world, we need the military to make the world safe for capital. WW1 was a smashing success, as…
>the forces of greed
Of course. Greed drives only those fishy defense corporations. Any other for-profit organization is driven purely by desire to change the world for the better. Like Facebook, you know...
You can do defense right, you can do it wrong. But you can't do it at all. Like it or not.
Re: Interesting Tech Markets for 2019
#46Earlier quoted context omitted.
It is a big shift and I could be wrong. However, horses are also something we used for transportation going back to the beginning of recorded history... (lots of other examples too). Crypto has a lot of aspects that make for a superior store of value (easy to move, seizure and censorship proof etc). Obviously, also has some drawbacks too like difficulty to custody...
I feel like the recent 51% attack against Etherium shows that seizure and censorship proof isn't strictly true.
Note that there was a 51% attack against ETC which is not Ethereum (ETH). ETC already had very little usage and was known to be insecure before the attack.
Re: Interesting Tech Markets for 2019
#47"I am still quite bullish that a basked of cryptocurrencies will be worth in the trillions within the next 10 years. The primary short term driver for crypto value with be the generational replacement of gold as a store-of-value for a specific subset of the population. The longer term drivers of crypto value will be new forms of programable money and on-chain securities." What subset of the population is going to rep…
10 years is enough for a newer generation to rise and make money. Those in the 15-25 right are quite adapt with Crypto. They'll be the next investors. Granted, if they are wise they won't put all of their liquid there. But if the 30-60 of the current world put a little in crypto; its' market value will fly out of the sky.
But why would they put money into crypto? There is some reason to use crypto as a currency (anonymous transactions), but there is no particular reason to use it as a store of value (hard to comply with anti-money-laundering regulation, hard to protect from fraud, hard to pass through audit, etc)
Re: Interesting Tech Markets for 2019
#48Earlier quoted context omitted.
So your logic is that "people buy gold because other people believe it's a safe investment"? That same logic applies to crypto - if people stop believing that gold is a good investment and start believing that crypto is a good investment, gold will cease to be a good investment and crypto will become a good investment. I think gfodor is asking something more along the lines with "What can you do with gold that you ca…
That’s still far more uses than if people think a particular coin has lost its value. When thinking about a store of value for loss-averse people, the intrinsically useful, always-been-valuable mineral I can hold in my hand seems like a psychological winner over numbers in a blockchain that require an industrial society with the blockchain to keep churning. My take was that people were speculating in bitcoin to get r…
Iron is much more useful. It also requires more energy to extract.
Re: Interesting Tech Markets for 2019
#49lol. every generation will redo "forms as software". airtable is a $1bi bet that people will finally be pleased with Clipper'86 auto-form desiger (or whatever that thing was called). Hint: nope.
Re: Interesting Tech Markets for 2019
#50AI + Defense technology companies will EXPLODE in the coming years. In the next 10 years I'm sure we'll be seeing police and military application of un-man-controlled, (like toy style) drones that simply, find out who is around where and what time. These things don't really even need any actionable targets, just general surveillance. They will get around the law by stating they are just capturing metadata - name, location, time, etc..
Drone tech will improve drastically too, bolstering the consumer space with standardized batteries and self-battery replacement towers.
Not saying this is a good thing, but saying it will happen.