Entrepreneurs see initial coin offerings (ICOs) as an easy way to quickly raise a lot of money with no strings attached. Some ICO investors’ greed has blinded them to the apparent risks. However, ICOs are an important new fundraising innovation that is appropriate for endeavors where the objective is to create value through decentralization. Although most ICO-funded projects will fail, the ones that don’t will have a more significant impact on our lives than the Web. Governments, particularly in the United States, have been slow to act. When they do, some entrepreneurs will find themselves in trouble, and many ICO investors will have already lost money. For important ICO-funded projects to flourish, we need ground rules. The Simple Agreement for Future Token Sales (SAFT) is the most significant industry initiative so far that tries to define those rules. … More WANTED: Rules for Initial Coin Offerings
“Streampunks: Youtube and the Rebels Remaking Media” covers the rise of a new class of media stars: Youtubers. Robert Kyncl, YouTube’s cheif business officer, authored the book with the help of Maany Peyvan, Google’s lead writer. It’s an authoritative, fascinating, well-written and entertaining book. If you’re over 30 and you’ve blinked, then you may have missed the media revolution that YouTube sparked and is continuing to lead. But since current Google employees wrote the book, it’s not surprising that it sometimes seems like an infomercial that occasionally acknowledges some of YouTube’s less desirable impacts. If you work in the media business, then read this book. … More Your kids are watching Streampunks while YouTube watches everyone.
The University of Massachusetts College of Information and Computer Sciences (CICS) has doubled its undergraduate enrollment in the past five years. The grad school grew that fast in just two years. It now boast 210 active Ph.D. students out of a total enrollment of over 1,600. Two major sponsors have recently pledged an additional $12 million in funding for the school. That money will fuel continued growth. The latest initiative at the CICS is its Entrepreneur in Residence (EIR) program, which the school asked me to help create. … More I’m an “Entreprenuer In Residence” at the UMass College of Information and Computer Sciences
“Introducing Ethereum and Solidity: Foundations of Cryptocurrency and Blockchain Programming for Beginners” is a light introduction to Ethereum and its built-in scripting language, Solidity. At 179 pages, this book is not a comprehensive tutorial about building decentralized apps (also called DAPPS). The book does, however, provide a very brief overview of developing and deploying smart contracts on Ethereum. … More Read “Introducing Ethereum and Solidity” to get your feet wet with smart contracts.
If you’ll be anywhere near Northampton, Mass. on May 10th, 2017, then make sure you swing by the World War II Club (50 Conz Street) at 6 pm. My Meetup.com group, Western Massachusetts All Things Blockchain, will be giving a presentation on Ethereum, which is a leading open source blockchain-based software project. Among other topics, … More Ethereum: What a gas! – Come to our presentation on May 10th.
I gave a blockchain presentation to my meetup group, Western Massachusetts All Things Blockchain. It’s embedded in this post. You can also see it on Slideshare. Please feel free to download the following files: Php sample code that demonstrates POW concepts; Microsoft PowerPoint XML Presentation If you use any of my material, please give me an attribution. Thanks for having a look. … More Presentation: Intro to Blockchain – And, by the way, what the heck is proof of work?
“The Master Algorithm” gives readers an overview of the current state of machine learning, The book’s hypothesis is that there can be one general purpose algorithm that’s able to learn anything. The book reviews the philosophies, strengths, and weaknesses of each of the “five tribes” of machine learning, and in the process, readers learn the history of artificial intelligence (AI). The Master Algorithm concludes with some thoughts about a future when computers surpass the capabilities of the human brain for tasks that previously required conscious beings. Will learners solve all of our problems and bring about technological singularity, or will our future learning machines become our overlords in a Skynet-like dystopia? … More Utopia, Dystopia, or Both? The Master Algorithm is Coming.
Media companies need to get and keep our attention. The more people they can attract, and the longer they can hold them, the more money they can make from ads. Cable news channels, on air 24×7, know that a cheap way to maintain our attention is to make us angry and scared. A tried and true tool in their arsenal is to show people shouting at each other. Turn off the TV and use the time you save to do something useful. Or better yet, just listen to NPR’s StoryCorps. It will put you in a far better state of mind, enhancing your ability to do things that will have a positive impact on your life, not to mention the lives of people you care about. I’ve embedded a clip in this post of a father and daughter, who are on opposite ends of a political divide, having a badly-needed conversation. … More Turn Off Cable News. Listen to StoryCorps Instead.
This arrived today. According to MIT, I now know something about fintech. … More My MIT Fintech Credentials
I took the MIT Fintech Certificate Course: Future Commerce. Take this class if you want good feedback on writing a fintech business plan, would like to add “MIT” to your LinkedIn profile, and if you, or your employer, have $2,600 to spare. Because it’s completely online, you can take this 12-week class from anywhere while working a full-time job. You should expect a workload that’s a little more than a typical college course. I learned something completely separate from the course’s subject matter: Online learning can and will play an indispensable role in education. … More My Online Learning Experience: Back to School & Into the Future