The historic victory by union organizers in New York against Amazon brought two things to mind. First, you can pretty much convince anyone to vote for anything if you offer them free weed. Second, the move to unionize workers at an Amazon warehouse may actually accelerate the trend toward warehouse automation. Think about it: Robots […]
Billionaires have big dreams and even bigger egos. Elon Musk and Jeff Bezos want to go to outer space. Bill Gates either wants to vaccinate the world or enslave humanity to the lizard people. Mark Zuckerberg wants to build the metaverse and enslave humanity. And then there’s Richard Cohen who … oh, never heard of […]
In today’s world of 8-second attention spans, it’s hard to convince people that becoming wealthy is about time in the market, not timing the market. That’s why we developed our own risk-averse tech investing strategy where we hunt out leaders and ideally hold them for a decade to let all that delicious alpha mature – […]
Amazon (AMZN) is one of those companies that everyone loves to hate. And there are plenty of good reasons. No. 1: Jeff Bezos. No. 2: Most retail investors of modest means (at least the ones who don’t know about fractional share ownership) believe they’re locked out of owning a piece of one of the world’s […]
Why is it that when a stock rises +300%, nobody bats an eye, but when it falls -10%, everyone panics and starts asking questions? That’s partly due to a psychological phenomenon known as “loss aversion” which shows people feel the pain of a loss about twice as hard as the joy of a gain. That’s […]
We recently introduced our lovely readers to the concept of telexistence – the merger of virtual reality and robotics – in which a human plugs into the Matrix to operate a remote humanoid-like machine. At the moment, it’s more of a parlor trick, but practical applications are literally out of this world, with one use […]
Almost exactly one year ago, our MBAs were doing field research at cannabis dispensaries in the Pacific Northwest and looking into “How Fruit Packing Warehouses Use Technology.” In the small town of Bingen, Washington, there’s a new fruit packing warehouse that transformed its entire operation using automation and robotics. They’re just one of more than […]
While many of our readers call the United States of ’Murica home, we think it’s important to expose you to emerging technologies from around the world. There’s one little corner that burns especially bright with innovation, despite being inhabited by less than nine million people. Israel is the Startup Nation for good reason, and we’ve […]
One of the most famous bonehead quotes from a chief executive who brushed off technological disruption came from Blockbuster CEO Jim Keyes in 2008. He said, “Neither Redbox nor Netflix are even on the radar screen in terms of competition.” Two years later, Blockbuster filed for bankruptcy and Keyes got a job stocking DVDs in […]
“I Worked at an Amazon Fulfillment Center; They Treat Workers Like Robots,” was the title of an article by Time Magazine which went on to talk about how workers were having a hard time enduring “the agony of walking 15 miles a day and doing hundreds of squats.” They shan’t be worried about that for […]