Ah 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…
Interesting Tech Markets for 2019
51–60 of 98 posts
Re: Interesting Tech Markets for 2019
#52...on the real estate side take a look at CoStar. Little known, commercial real estate company, 12B+ and has a monopoly. Very smart people and they don't get much turn over. They will make smart acquisitions.
Re: Interesting Tech Markets for 2019
#53"5 core markets (Devsumer, Real Estate, AI hardware, Transportation and Logistics, Crypto) and 2 emerging ones (Legal, Defense)" Devsumer? For sure. Simplifying dev work seems like an area with pretty much eternal growth potential. But I find it hard to get excited about many of the others. Interacting with the government (defense) still seems to take buckets of money, and there are already large companies that do so…
Re: Interesting Tech Markets for 2019
#54Ah 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 military works fine as a jobs and training program (for defensive readiness), but we don't need more, and more expensive, weapons. we can already destroy the world a thousand times over.
Re: Interesting Tech Markets for 2019
#55Earlier quoted context omitted.
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.
Someone will have it.
So how do you best mitigate the bad effects it can have? Do you let an entity which does not align with your interests have it? Or do you maintain it and work to iteratively improve your exercise of it?
The effect of wishing away power instead of grappling with it and bending it to justice is one of the central reason why many revolutions and movements have failed.
Re: Interesting Tech Markets for 2019
#56I'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).
Re: Interesting Tech Markets for 2019
#57Earlier quoted context omitted.
I don’t buy it - gold has a natural floor, for one thing. I can sell it to make pretty earrings or fancy computer cables. The risk of it losing all its value is basically the risk that we will move to a post-scarcity Star Trek style society with matter replicators. Crypto.. not so much.
The mere existence of a price floor isn't particularly relevant; if your nest egg goes down to 1% it's basically the same as going to 0%. You've still lost your shirt. I don't know what the floor for industrial uses actually is though; if it's 10% of the current speculative price that might be germane, but if it's lower it might not.
Re: Interesting Tech Markets for 2019
#58Earlier quoted context omitted.
I don’t buy it - gold has a natural floor, for one thing. I can sell it to make pretty earrings or fancy computer cables. The risk of it losing all its value is basically the risk that we will move to a post-scarcity Star Trek style society with matter replicators. Crypto.. not so much.
Why does this floor influence your choice to purchase it over some other commodity to store value (crypto or otherwise?) What do you think that floor even is? (My working assumption right now is gold could lose 99.9% of its value if it was priced based upon it's utility as a metal and not as a culturally agreed upon store of capital.)
Re: Interesting Tech Markets for 2019
#59Earlier quoted context omitted.
Thanks for the comment - My hypothesis is that people growing up today in their 20s and 30s who would have normally bought gold in their 40s and 50s will buy crypto instead. So it will be a generational shift versus a replacement for existing older gold holders. (Could be wrong of course).
I don’t buy it - gold has a natural floor, for one thing. I can sell it to make pretty earrings or fancy computer cables. The risk of it losing all its value is basically the risk that we will move to a post-scarcity Star Trek style society with matter replicators. Crypto.. not so much.