Category Archives: Investment

Innovation in the 21st Century

The rate of innovation will continue to increase as communications and transportation help us to conquer time and space. The value of innovation will become quantifiable and attributable – leading to a renaissance in most fields, and a new breed of professional innovators currently being born as a new sector in the consulting industry.

Remote Storage and Analysis of Sensory Logs

Wireless connectivity can solve the problem of local storage constraints for PDAs and other portable devices (including wearables). In addition, external processing greatly increases the breadth and depth of analysis that can be performed on the data. For example:

  • Journaling
  • trend analysis and advice
  • recommendations of – media, medical, communications, reminders,
  • Statistical analysis of log data forecasts user reactions to new voice and other input.

Object Oriented XML Standards for Definitions for Virtual Objects

Object oriented (inheriting) definitions are elegant and increadibly powerful for describing 3D virtual objects. Descriptive fields can be stored in XML (with a standard for the required and optional descriptive fields). Objects would be defined within classes that would inherit descriptors from parent classes. For example, this apple would be described uniquely, and inherit traits from apples in general, which in turn would inherit from fruit in general, etc. Classes could have multiple parents in addition to multiple children. This standard would offer very good characteristics for the open creation, interaction, extensibility, and transfer of virtual environments and the objects within them.

8/10/2000 – The storage of tangibles as independent files allows for the distributed development of compatible and upgradable virtual environments. Additionally, this approach saves on storage, and creates a classification system to enable the automated recognition of – and contextual understanding of – objects within the environment (including Virtual Earth).

Algorithm for self-improving "telepathic" input system

Concurrently record the output of a brain scan A and standard input devices of keyboard and mouse B. Then neural network N evaluates A, forecasting B. After training with good data populating A and B, the intricacy of the commands and the statistical accuracy will enable a brain-only interface with a breadth of controllability and interactivity speed that will far exceed our current tools.

Initial systems will most likely track eye movement and visceral biofeedback that can be measured using electrodes and buttons.

6/15/2001 – I have received feedback that the brain thinks in words and concepts, rather than the translation to spelled and typed words, and would therefor render this invention useless. However, the input system described above would actually benefit from this characteristic. Inputs should include a rolling period of time and to allow for words or concepts to be interpreted in N over a series of typed inputs.

Falling Profit Margins

More availability of information leads to more competition. More Competition leads to lower profit margins.

Higher profit margins will only be possible in businesses with limited competition. The dominant way to legally limit competition is through innovation and protecting intellectual property rights.

Innovators will be rewarded more and more over time.

Over time, information becomes more and more available and interpretable. In this environment, people are able to demand fair compensation with a better and better understanding of what fair is. People will have to be compensated more and more closely to the value of their work. As this happens, profit margins will fall toward the pure value of synergy, however it is defined, and equity valuations will reflect these changes. Whenever employers refuse to meet the demanded minimum compensation for employees, the employee suddenly becomes competition. The economy will transition toward a large number of smaller economic players rather than the small number of large currently dominant players. Existing job roles become commoditized over time as large numbers of players compete profit margins away. The only way to substantially and positively differentiate your profit margins is to do something that is not yet commoditized; in other words, to innovate. The only way to maintain your differentiated position is to protect your existing innovations through patents and secrecy and continue to innovate.

Implications:

  1. In valuing your stock positions in companies, consider how easy it may be to enter their market in the future. Also consider their profit margins with the knowledge that there tends to be a profit squeeze as competition increases.
  2. Record your thoughts if you think that they may be unique and potentially valuable. Nobody else can patent something if you thought of it and recorded it properly first.