avatarNuno Fabiao

Summary

The article outlines four defiant technological trends—deep learning, algorithmics, streaming, and cryptography—and emphasizes the importance of understanding and leveraging these technologies to stay ahead of the competition and adapt to a rapidly changing world.

Abstract

The article "4 Defiant Trends You Don’t Want to Hear But Should" argues that technological disruption is severe and those who fail to recognize and adapt to it will fall behind. It suggests that success in various fields, including writing and marketing, will increasingly depend on technologies like deep learning, algorithmics, streaming, and cryptography. The author, Nuno, asserts that these technologies are not just for programmers or developers but are essential tools for anyone looking to excel in their industry. The article also highlights the investment strategies of Cathy Wood, CEO of Ark Invest, who has successfully invested in disruptive companies. Nuno encourages readers to embrace these technologies to gain a competitive edge, improve their skills, and potentially achieve financial independence. The author concludes by stating that understanding and utilizing these trends is crucial for a better future, one that is less about intermediation and more about direct transactions governed by fair protocols.

Opinions

  • The author believes that not adapting to current technological trends will result in being outcompeted and left behind.
  • Nuno suggests that mastering new technologies is within reach for anyone, not just those with exceptional intelligence, likening it to the necessity of being a top salesman in 2010.
  • Cathy Wood's successful investment strategy is presented as an example of the potential financial benefits of recognizing and investing in disruptive technologies.
  • The author opines that understanding the basics of algorithms is essential, as they govern much of our digital interactions and can provide an advantage in various endeavors.
  • Streaming technology is considered one of the five Big Ideas for 2021, with significant potential for content consumption and learning.
  • Cryptography and cryptocurrencies like Bitcoin are seen as revolutionary, potentially leading to a more equalitarian monetary system and serving as a hedge against traditional currency devaluation.
  • The article conveys optimism about a deflationary future brought about by technology, which could lead to increased abundance and free time for individuals.
  • Nuno emphasizes that embracing technology is key to a better future, one that is fair and less influenced by corrupt politics or intermediaries.

4 Defiant Trends You Don’t Want to Hear But Should

By hearing them you’ll be 5 laps ahead of the competition

Photo by Florian Gagnepain on Unsplash

Those who don’t realize that we’re in a severe technological disruption will perish and fall into the ground.

Things like deep learning, algorithmics, streaming, or cryptography will lead the new trends.

Everything we will do shortly, like writing, creating a youtube channel, or promote a new brand on social media, will depend on these new technologies.

All social media platforms were developed with deep learning technology. And when you usually see top writers talking about the algorithm, voilá, tech disruption on its best.

We’re in a new reality. Nowadays, being a programmer or a developer is the same as being a top salesman in 2010. If you’re good, everybody wants you. And companies can pay you big money if you stand out from the competition.

So, how can you adapt to a new reality? And more important, how can you be better and reach your goals faster than the competition?

You Don’t Need To Be Smarter; You Need To Be Sharp-Witted

We all are intelligent enough to master a new discipline.

Anyone can learn anything. Even the Nobel prize-winning Dr. Richard Feynman — claimed not to have exceptional natural intelligence. We were all born in a blank book version. It depends on how we stimulate our intellect to master any technique.

But first is first. Let me share with you what are precisely these technologies and how can you benefit from them:

1- Deep learning: Deep learning is an artificial intelligence (AI) function that imitates the workings of the human brain in processing data and creating patterns for use in decision making. Deep learning is a subset of machine learning in artificial intelligence that has networks capable of learning unsupervised from data that is unstructured or unlabeled;

2- Algorithmics: Algorithmics is the systematic study of the design and analysis of algorithms. It is fundamental and one of the oldest fields of computer science. It includes algorithm design, the art of building a procedure that can solve a specific problem or a class of problem efficiently, algorithmic complexity theory, the study of estimating the hardness of the issues by studying the properties of the algorithm that solves them, or algorithm analysis, the science of studying the properties of a problem, such as quantifying resources in time and memory space needed by this algorithm to solve this problem;

3- Streaming: Streaming is the continuous transmission of audio or video files from a server to a client. In simpler terms, streaming happens when consumers watch TV or listen to podcasts on Internet-connected devices. With streaming, the media file being played on the client device is stored remotely and is transmitted a few seconds at a time over the Internet;

4- Cryptography: Cryptography is the practice and study of techniques for secure communication in the presence of third parties called adversaries. Cryptography is about constructing and analyzing protocols that prevent third parties or the public from reading private messages; various aspects in information security such as data confidentiality, data integrity, authentication, and non-repudiation are central to modern cryptography.

First Wall Street, Then Main Street

Cathy Wood is the CEO of an investment fund called Ark Invest. She has been responsible for one of the most successful investment funds in the last three years because she believed in technology disruption. All the funds she’s managing rely on disruptive companies.

They started with Tesla, one of the bigger bets of Ark Invest and Square, Invitae, Roku, CRISPS Therapeutics, Protolabs, and others. Most you don’t even hear of. But they will change the world as we see it.

In the late nineteenth century, three innovation platforms evolved simultaneously and changed the way the world worked. Thanks to the introduction of the telephone, automobile, and electricity, the world’s productivity exploded as costs dropped, unleashing demand across sectors. Today, we believe the global economy is undergoing the most extensive technological transformation in history, thanks to five innovation platforms evolving simultaneously. Energy storage; Artificial Intelligence; Robotics; Genome Sequencing; Blockchain Technology.- Cathy Wood

In a pandemic environment, all these new technologies exploded. Ones were profoundly necessary, like Zoom or Youtube- helping companies keep working and delivering their products to their costumers. Other like genomics and pharmaceutical was urgently necessary for the fast creation of a vaccine.

Yet, how can these disruptive technologies benefit us, writers, on our journey to a successful carrier?

Technology Is Best When It Brings People Together

Success is about taking advantage of opportunities.

If you don’t know the rules and principles that prevail in a global society, you start to be left behind. If you stop, you die.

If you move, be sure you do it on the right side. Selecting information is probably one of the most challenging things today. You have it in abundance. When you have something in abundance, it gets common and easily accessible.

Finding the original trends is obviously where the money is. It’s where the disruption is. In those unique places, it’s where the future is being designed.

In the 1900s, those given access to electricity, telephone, or an automobile, were automatically in advantage against competition.

Better than that, those people had the opportunity to be the leaders in their field. They had new technologies in their hands.

Almost all the new programs, apps, and software have deep learning technology. As we explore further information on how to be better, more advertising we receive for unique and sophisticated software to improve our skills.

They help us to reach our customers faster, to produce a high-quality product. And they charge us low fees, as the technology tends to be deflationary. That is, its value/price tends to decrease as time goes by.

I use Grammarly, Hemingway, Google Translator, Unsplash, Kindle, Adobe Premium Rush, Specheelo, and Audacity for my daily work. These are all software with deep learning and AI incorporated.

Without them, I would look like a deer crossing an icy river. It would be better for me to drop the full-time writing project and graze sheep in the high mountains.

Another tool you should try to understand is algorithms. You probably hear about it all the time. Google algorithm, Facebook algorithm, Medium algorithm. We are all governed by these protocols. And the blockchain and Bitcoin are coming next.

However tedious it may seem, it’s better for you to start having basic knowledge about algorithms. Because if you don’t dominate them, they will defeat you. Try to read something simple, like one or two articles about the subject. Open your mind to this technology, to this science.

It’s everywhere. If you deeply study algorithmics, you’ll look at all this software, knowing in advance why it exists and what’s its purpose. So you will automatically be at an advantage.

On the other hand, you have streaming. It’s one of the five Big Ideas for 2021, says Cathy Wood. And I think she’s right.

I spend hours using this technology because I consume a lot of Youtube videos and podcasts too. When I’m driving my daughters to school, I’m always listening to podcasts. It’s the right way for you to refresh your memory with new content made by experts.

Youtube is always on my phone. When I’m in the kitchen making dinner, I’m watching one of my favorite Youtube channels. Even when I’m taking a bath, I watch new content. I don’t waste any minute.

When I’m tired of information, I grab my shoes and run for several hours. It’s my way of clearing my mind.

Cryptography has been in this last year, one of the main themes people talk about because of the cryptocurrencies. Mostly because of Bitcoin.

Finally, it seems that we’ll have a better solution for a different monetary system — more equalitarian. You can start buying Bitcoin on your phone, which is another disruptive revolution. Some specialists say it will be better than gold.

For now, and as we don’t know what is going to happen with the dollar and the Fed’s money printing mania, it’s not a bad idea to put some crypto on your savings.

Tim Denning has been writing about the subject for a long time. He’s one of the early investors on Bitcoin. And his 17,900% return is astonishing.

The issue is whether you are openminded enough to rethink everything you know about money and investing. If you are, there is an opportunity. If your mind is closed, the world is closed, and so are the opportunities.- Tim Denning

Why are cryptocurrencies important to anybody? If you’re an early investor, you transform them into your retirement fund with a few bucks in 10 years. Can you imagine being financially independent ten years from now?

Final Thought

We are in a revolutionary era. It’s a privilege to be alive in this kind of environment.

A deflationary world can bring abundance to everyone. However, some threats can appear on our way. Central banks don’t want to lose power. So, the transition to cryptocurrencies and a technological revolution will have its price.

Those who can anticipate the trends with knowledge and a little courage will be the winners.

Embracing technology is hoping for a better future. A future that is not governed by corruptive politics but by fair protocols. A future managed directly from the producers to consumers, without any intermediaries.

Intermediation is a promiscuous system, mostly when humans do it. Technology can solve that problem and make things easier for all of us.

Embracing a deflationary world is buying time for everyone. As technology evolves, we will have more free time to appreciate life, contemplate nature, and be with the ones we love.

Thank you,

Nuno

This article is for informational purposes only, it should not be considered Financial or Legal Advice. Consult a financial professional before making any major financial decisions.

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Technology
Disruption
Trends
Skills
Competition
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