Tag Archives: google

Larry Page Has A Fascinating View Of The Economy That’s Startlingly Similar To What Keynes Once Predicted

Google CEO Larry Page recently participated in a fireside chat with Khosla Ventures, where among other things he offered his view on the state of the economy and labor.

People are endlessly musing on the future of the labor market these days, given the idea that robots can perform more and more jobs that were once thought to be the sole domain of humans, and because tech-enabled productivity has enabled a few lucky people to reap huge fortunes with relatively few workers.

In light of this, Page wonders why everyone is working so much, and he suggests that perhaps people don’t need to work themselves to the bone, since it’s relatively easy for a modern society to fulfill most people’s basic necessities.

Here’s part of his comments:

I totally believe we should be living in a time of abundance, like Peter Diamandis’ book.

If you really think about the things that you need to make yourself happy — housing, security, opportunities for your kids — anthropologists have been identifying these things. It’s not that hard for us to provide those things. The amount of resources we need to do that, the amount of work that actually needs to go into that is pretty small. I’m guessing less than 1% at the moment.

So the idea that everyone needs to work frantically to meet people’s needs is just not true. I do think there’s a problem that we don’t recognize that. I think there’s also a social problem that a lot of people aren’t happy if they don’t have anything to do. So we need to give people things to do. We need to feel like you’re needed, wanted and have something productive to do. But I think the mix with that and the industries we actually need and so on are– there’s not a good correspondence. That’s why we’re busy destroying the environment and other things, maybe we don’t need to be doing.

Page goes on to say that the solution may be work sharing, basically everyone doing a little less to help ensure that everyone has a job to do.

His thinking actually echoes the economist John Maynard Keynes, who envisioned this kind of future in his paper The Economic Possibilities Of Our Grandchildren. He anticipated, writing in 1930, that in the not so distant future, our absolute human needs would be easily met, and that how to deal with our leisure time and relative needs would be the pressing issue of the day. He even anticipated shorter work hours as a way to deal with this “problem.”

Here’s a key passage. You can just read the bolded parts if you want to get the point:

Thus for the first time since his creation man will be faced with his real, his permanent problem-how to use his freedom from pressing economic cares, how to occupy the leisure, which science and compound interest will have won for him, to live wisely and agreeably and well.

The strenuous purposeful money-makers may carry all of us along with them into the lap of economic abundance. But it will be those peoples, who can keep alive, and cultivate into a fuller perfection, the art of life itself and do not sell themselves for the means of life, who will be able to enjoy the abundance when it comes. Yet there is no country and no people, I think, who can look forward to the age of leisure and of abundance without a dread. For we have been trained too long to strive and not to enjoy. It is a fearful problem for the ordinary person, with no special talents, to occupy himself, especially if he no longer has roots in the soil or in custom or in the beloved conventions of a traditional society. To judge from the behaviour and the achievements of the wealthy classes to-day in any quarter of the world, the outlook is very depressing!

For these are, so to speak, our advance guard-those who are spying out the promised land for the rest of us and pitching their camp there. For they have most of them failed disastrously, so it seems to me-those who have an independent income but no associations or duties or ties-to solve the problem which has been set them. I feel sure that with a little more experience we shall use the new-found bounty of nature quite differently from the way in which the rich use it to-day, and will map out for ourselves a plan of life quite otherwise than theirs. For many ages to come the old Adam will be so strong in us that everybody will need to do some work if he is to be contented. We shall do more things for ourselves than is usual with the rich to-day, only too glad to have small duties and tasks and routines. But beyond this, we shall endeavour to spread the bread thin on the butter-to make what work there is still to be done to be as widely shared as possible. Three-hour shifts or a fifteen-hour week may put off the problem for a great while. For three hours a day is quite enough to satisfy the old Adam in most of us!

It all sounds great! Now how to get all of society in a different mentality, where we learn to “enjoy” rather than “strive” is a harder matter.

Read more: http://www.businessinsider.com/larry-page-keynes-2014-7#ixzz36mFE457B

Related Posts

  • 63
    THE founders of the internet were academics who took users’ identities on trust. When only research co-operation was at stake, this was reasonable. But the lack of secure identification is now hampering the development of e-commerce and the provision of public services online. In day-to-day life, from banking to dating,…
    Tags: will, google, life, work, economy
  • 49
    Will people get troubles with Google Glass ? On Friday night, I was assaulted while walking down the sidewalk in the Mission District of San Francisco. A colleague and I had just finished covering a march in protest of a Google employee who had recently evicted several tenants after buying…
    Tags: google, read, will, people
  • 49
    The US Dollar’s status as a reserve currency seems to be a perennial concern for many people these days.  I think this concern is often dramatically overstated.  I was reminded of this point as I was reviewing the slides from Jeff Gundlach’s presentation yesterday which showed the following chart: Source…
    Tags: will, people, economy
  • 48
    Follow up of my post on BIG COMPANIES NOW HAVE A HAND IN THE COLLABORATIVE ECONOMY Here is one picture.
    Tags: economy
  • 48
    Onstage at TED2014, Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising…
    Tags: things, larry, google

@kylebrussell Was Assaulted For Wearing #Google #Glass In The Wrong Part Of San Francisco

Will people get troubles with Google Glass ?

On Friday night, I was assaulted while walking down the sidewalk in the Mission District of San Francisco.
A colleague and I had just finished covering a march in protest of a Google employee who had recently evicted several tenants after buying and moving into a home in the area

 

Read more: http://www.businessinsider.com/

 

 

Related Posts

  • 77
    Onstage at TED2014, Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising…
    Tags: google, #google
  • 76
    When Gabriel Weinberg launched a search engine in 2008, plenty of people thought he was insane. How could DuckDuckGo, a tiny, Philadelphia-based startup, go up against Google? One way, he wagered, was by respecting user privacy. Six years later, we're living in the post-Snowden era, and the idea doesn't seem…
    Tags: google, people
  • 53
    Google Glass shares much of its electronics and software with the smartphone, but it’s a very different machine. You hold a smartphone in your hand. And we do—at restaurants, at the movies, walking across the street, and even in bed. We use smartphones to check our mail, update Facebook, get…
    Tags: glass, google, walking
  • 49
    Google CEO Larry Page recently participated in a fireside chat with Khosla Ventures, where among other things he offered his view on the state of the economy and labor. People are endlessly musing on the future of the labor market these days, given the idea that robots can perform more and…
    Tags: will, people, read, google
  • 48
    Social networks that allow you to send only the message "Yo" to your contacts. Food-delivery services valued at $400 million. Startups that deliver rolls of quarters to your home (just $27 for $20 in change!). It isn't hard, looking at a lineup like this, to conclude that Silicon Valley has…
    Tags: will, wrong, google, area

Heartbleed Leads Experts to Recommend #Password Changes

Security experts are urging consumers to change their Web passwords after the recent disclosure of a vulnerability touching wide swaths of the Internet, even as Google Inc. , Facebook Inc. and large banks said they weren’t affected.

The flaw to OpenSSL, an open-source software that runs on as many as two-thirds of all active websites, was reported on April 7, by researchers who pushed out a fix.

Dubbed Heartbleed, the bug could have allowed hackers to access encrypted e-mail messages, banking information, user names and passwords.

The flaw involving a two-year-old programming mistake was discovered by researchers from Google and Codenomicon, a security firm based in Finland, and reported to OpenSSL, according to a blog post from Codenomicon.

Google and Facebook said they addressed the problem before it was made public and saw no signs of vulnerabilities, while Yahoo! Inc. (YHOO) made the requisite fixes.

Yahoo’s Patch

“A vulnerability, called Heartbleed, was recently identified impacting many platforms that use OpenSSL, including ours,” Yahoo said in an e-mailed statement.

Before Yahoo issued its fix, security researcher Mark Loman from the Netherlands demonstrated Tuesday on Twitter that he was able to force the site to leak usernames and passwords.

“It wasn’t Yahoo’s fault, yet they’re very slow at installing the critical fix,” Loman wrote on his Twitter Inc. (TWTR) account. “Bug disclosure was flawed too.”

Extra Protection

Many large consumer sites running OpenSSL aren’t vulnerable to being exploited because they use specialized encryption equipment and software.

“The security of our users’ information is a top priority,” Google said in a statement yesterday.

In a statement, Facebook said it “added protections for Facebook’s implementations of OpenSSL before this issue was publicly disclosed, and we haven’t detected any signs of suspicious activity on people’s accounts.”

Tests on the home pages of other large technology, e-commerce and banking companies including Microsoft Corp., Amazon.com Inc. and Bank of America Corp. indicated they weren’t vulnerable.

Related Posts

  • 30
    When Gabriel Weinberg launched a search engine in 2008, plenty of people thought he was insane. How could DuckDuckGo, a tiny, Philadelphia-based startup, go up against Google? One way, he wagered, was by respecting user privacy. Six years later, we're living in the post-Snowden era, and the idea doesn't seem…
    Tags: user, google, people

Where’s #Google going next? Ask #LarryPage

Onstage at TED2014, Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising things.

http://www.ted.com

Related Posts

  • 77
    Will people get troubles with Google Glass ? On Friday night, I was assaulted while walking down the sidewalk in the Mission District of San Francisco. A colleague and I had just finished covering a march in protest of a Google employee who had recently evicted several tenants after buying…
    Tags: google, #google
  • 77
    When Gabriel Weinberg launched a search engine in 2008, plenty of people thought he was insane. How could DuckDuckGo, a tiny, Philadelphia-based startup, go up against Google? One way, he wagered, was by respecting user privacy. Six years later, we're living in the post-Snowden era, and the idea doesn't seem…
    Tags: google
  • 52
    Google Glass shares much of its electronics and software with the smartphone, but it’s a very different machine. You hold a smartphone in your hand. And we do—at restaurants, at the movies, walking across the street, and even in bed. We use smartphones to check our mail, update Facebook, get…
    Tags: google, internet
  • 48
    Google CEO Larry Page recently participated in a fireside chat with Khosla Ventures, where among other things he offered his view on the state of the economy and labor. People are endlessly musing on the future of the labor market these days, given the idea that robots can perform more and…
    Tags: things, larry, google
  • 47
    Social networks that allow you to send only the message "Yo" to your contacts. Food-delivery services valued at $400 million. Startups that deliver rolls of quarters to your home (just $27 for $20 in change!). It isn't hard, looking at a lineup like this, to conclude that Silicon Valley has…
    Tags: going, google

Inside DuckDuckGo, Google’s Tiniest, Fiercest Competitor

When Gabriel Weinberg launched a search engine in 2008, plenty of people thought he was insane. How could DuckDuckGo, a tiny, Philadelphia-based startup, go up against Google? One way, he wagered, was by respecting user privacy. Six years later, we’re living in the post-Snowden era, and the idea doesn’t seem so crazy.

http://www.fastcolabs.com/

Related Posts

  • 77
    Onstage at TED2014, Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising…
    Tags: google
  • 76
    Will people get troubles with Google Glass ? On Friday night, I was assaulted while walking down the sidewalk in the Mission District of San Francisco. A colleague and I had just finished covering a march in protest of a Google employee who had recently evicted several tenants after buying…
    Tags: google, people
  • 52
    Google Glass shares much of its electronics and software with the smartphone, but it’s a very different machine. You hold a smartphone in your hand. And we do—at restaurants, at the movies, walking across the street, and even in bed. We use smartphones to check our mail, update Facebook, get…
    Tags: google, search
  • 51
    ( Source : http://www.web-strategist.com/blog/2015/02/03/google-enters-the-collaborative-economy-in-a-big-way/ ) Here comes Google, with a series of five market moves injecting them as a central player for the collaborative economy. Google’s mission is to organize the world’s information. But it doesn’t just start and stop there. They also want to organize the world’s logistics, commerce, local…
    Tags: google, startup
  • 50
    PayPal revolutionized the way we buy things online, but Klarna is the next big thing in Internet payments, according to famed venture capitalist Michael Moritz. Moritz made early investments in Google (GOOGL, Tech30), LinkedIn (LNKD, Tech30),Yahoo (YHOO, Tech30) and eBay's (EBAY, Tech30) PayPal. His firm, Sequoia Capital, has been investing millions in Klarna over the past few years. He is impressed with how…
    Tags: years, google, startup

Google Glass shares much of its electronics and software with the smartphone. #longread

Google Glass shares much of its electronics and software with the smartphone, but it’s a very different machine.

You hold a smartphone in your hand. And we do—at restaurants, at the movies, walking across the street, and even in bed. We use smartphones to check our mail, update Facebook, get driving directions, search the Internet to settle bets, and, sometimes, even to make calls. But Glass you wear on your face, and that fundamentally transforms all these human-computer interactions, making them more intimate. Because you don’t use your hands, and because it projects an image onto a transparent screen suspended in front of your eye and uses a vibration to stimulate your inner ear, using Glass is like being naked with the machine: synapses and wires united.

http://www.technologyreview.com/

Related Posts

  • 53
    Will people get troubles with Google Glass ? On Friday night, I was assaulted while walking down the sidewalk in the Mission District of San Francisco. A colleague and I had just finished covering a march in protest of a Google employee who had recently evicted several tenants after buying…
    Tags: google, walking, glass
  • 52
    Onstage at TED2014, Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising…
    Tags: internet, google
  • 52
    Meetings are such a fixture in our work lives that we constantly hear the same advice: have an agenda, keep it short, don’t invite too many people. However, despite the commonality of this well-meaning advice, research from Harvard suggests that half of all meetings are unproductive. http://99u.com/
    Tags: don, #longread
  • 52
    When Gabriel Weinberg launched a search engine in 2008, plenty of people thought he was insane. How could DuckDuckGo, a tiny, Philadelphia-based startup, go up against Google? One way, he wagered, was by respecting user privacy. Six years later, we're living in the post-Snowden era, and the idea doesn't seem…
    Tags: google, search
  • 52
    In Mike McQueary, some see a hero who brought down a monster. Others see a liar who railroaded a legend. At the upcoming trial that will close the book on the Jerry Sandusky scandal, Joe Paterno's former protégé will have the final word. http://espn.go.com/espn/feature/story/_/id/10542793/the-whistleblower-last-stand
    Tags: #longread