28 May

Pareto Principle, Take-2

Few years ago, I did a back-of-the-envelop calculation using Pareto Principle to make a list of countries that have at least a million people with a PPP annual income of a million dollars. The exercise gave me 48 countries. Then I ran a rough cross-check and it seemed to check out. Then I wrote down my findings in this post.

That was towards the end of last decade. I am using it now to globally roll out my company, Amura Health.

Today, I used the same methodology to quickly calculate how many trillionaires will be there in the world by end of the current decade, or 2030. Here is what I ended with:

By 2030 the world will have

  • 500,000 people with a net worth of $1m
  • 100,000 people with a net worth of $100m
  • 35,000 people wit a net worth of $1b
  • 5,000 people with a net worth of $5b
  • 1,000 people with a net worth of $25b
  • 150 people with a net worth of $100b
  • 25 people with a net worth of $0.5t
  • 5 people with a net worth of $1t
  • 1 person with a net worth of $10t

Let us see how it goes!

12 Apr

How will SARS-CoV2 (COVID-19) change our future?

A friend of mine posed a question in a private WhatsApp group:

Predict one big game changer impact in the next ten years, courtesy corona

There were many interesting answers (e.g. China will disintegrate over the next 10 years). To help me clear my thoughts, I wrote this blog post. This is what, I think, COVID will do to our 2030:

By 2030, we would have traded our freedom and privacy for hyper-connected, hyper-wealthy, hyper-healthy and hyper-hedonistic lives.

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06 Apr

Startup Investing 101

I am a startup entrepreneur. Before starting my fund raising, I spent hours pouring over information available for entrepreneurs raising funds. When I realized that I was still lacking understanding of how investors think, I started going though content written for the wannabe early stage startup investor.

I have distilling my discovery in this living document that is being updated continuously, as I get new insights.

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18 May

Mindmap: McKnight Score Card: A Tool for Resilient First Two Years

Whenever I come up with a new business idea, I use McKnight’s Score Card to tweak it. It is an amazing tool to identify potential pitfalls and bottle necks right at the gate, and morph the original idea into something much more water tight. It gives me an amazingly resilient first two years, which make a huge difference.

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13 Jun

Darwin’s Triplets

Identical Triplets

All posts in "Life in a Color Wheel" series

In the earlier post titled Evolution 101, we saw how evolution works in the wild. It discussed about how a particular biological trait is selected in a population. Darwin called this “Natural Selection“. Eventually it turned out that Natural Selection is an umbrella term for three different types of selection forces:

  • Self Selection
  • Sexual Selection
  • Group Selection

The interplay of these forces makes us who we are. Like the inter-play of three primary colors make all the hues that we can see in the nature. It is as of we live a life in a color wheel.

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11 Jun

Evolution 101

Evidence-of-Evolution

All posts in "Life in a Color Wheel" series

We can’t understand human nature without understanding the forces of evolution that made us who we are. We are the happiest if we design our lives/societies around the human nature, like a well fitting glove is designed around a hand. Failed philosophies like Marxism and Objectivism are results of failing to design our societies around what evolution has made us to be.

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23 May

Age of Creativity

Age Of Creativity

This 5 post series addresses as to how “we are facing exponential threats from resource crunch and environmental degradation and in response, we are inventing a new idea age”.

  • Exponential Threats identifies the growing threats we are presently facing
  • In Exponential Technology, we argue that our technology, our best ally, is not sufficient to tackle these threats. To do that, unprecedented level of human ingenuity should come into play.
  • In Origin of Ideas, we discuss the source of human ingenuity, both inside an individual’s head and across the society.
  • In this post, Age of Creativity, we will see why we are entering an era of unprecedented global creativity.
  • In the last post, we address how you can prepare for the coming Idea Age

There are a bunch of reason for us to believe that we have entered a new age of creativity. Another renaissance. But in its scope, this one will be like no other. By the time it has run its course, humankind would have, I speculate, made a clean break with the past.

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22 May

Origin of Ideas

Origin of Ideas

This 5 post series will addresses as to how “we are facing exponential threats from resource crunch and environmental degradation and that in response, we are inventing a new idea age”.

  • Exponential Threats identifies the exponentially growing threats we are presently facing
  • In Exponential Technology, we argue that our exponentially growing technology, our best ally, is not sufficient to tackle these threats. To do that, unprecedented level of human ingenuity should come into play.
  • In this post Origin of Ideas, we discuss the source of human ingenuity, both inside an individual’s head and across the society.
  • In Age of Creativity, we address as to why we have reasons to believe that we are entering an era of unprecedented global creativity.
  • In the last post, we will address as to how you can prepare for the coming Idea Age

Before discussing how human creativity is likely to save the day, we must first understand the origin of ideas, either inside a human head, or across a society. After all, there are striking similarities between both types of idea generation.

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15 May

Exponential Technology

Exponential Technology

This 5 post series addresses as to how “we are facing exponential threats from resource crunch and environmental degradation and that in response, we are inventing a new idea age”.

  • Exponential Threats identifies the exponentially growing threats we are presently facing
  • This post, Exponential Technology, argues that our exponentially growing technology, our best ally, is not sufficient to tackle these threats. To do that, unprecedented level of human ingenuity should come into play.
  • In Origin of Ideas, we discuss the source of human ingenuity, both inside an individual’s head and across the society.
  • In Age of Creativity, we address as to why we have reasons to believe that we are entering an era of unprecedented global creativity.
  • In the last post, we will address as to how you can prepare for the coming Idea Age

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15 May

Exponential Threats

Exponential Threats

This 5 post series will addresses as to how “we are facing exponential threats from resource crunch and environmental degradation and that in response, we are inventing a new idea age”.

  • This post, Exponential Threats, identifies the exponentially growing threats we are presently facing
  • In Exponential Technology, we argue that our exponentially growing technology, our best ally, is not sufficient to tackle these threats. To do that, unprecedented level of human ingenuity should come into play.
  • In Origin of Ideas, we discuss the source of human ingenuity, both inside an individual’s head and across the society.
  • In Age of Creativity, we address as to why we have reasons to believe that we are entering an era of unprecedented global creativity.
  • In the last post, we will address as to how you can prepare for the coming Idea Age

 

We (humans) are facing an imminent danger to the present way of life. Something must change. The popular belief is that change will drastically reverse the decades of advances that we have made in obtaining ourselves substantially better quality of living. Whereas, the popular hope is that we will come out on the other side much stronger than we are today.

Given that I am an ever-hopeful, I fall into the second camp and strongly ‘hope’ that some incredible breakthrough will come along (after all, what is the point in living, if one belongs to the ‘hopeless’ camp). The obvious candidate for the ‘breakthrough is coming’ camp is the exponential technology. That may not be the case.

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06 Sep

Google Car will be Life Changing

Google Car

Technology progresses in geometric speed.  With every passing day, technological breakthroughs keep arriving faster.  What more, each change has a much bigger impact than the previous change.  Ray Kurzweil predicts that at this rate, technology would’ve progressed sufficiently for man to merge with machines.  He has named this incident the “technological singularity“.  Because our brains are not equipped to perceive exponential curve, we find it extremely difficult to wrap it around the accelerating power of technology (TED video).

Google Car is a strong reminder to the skeptics that rate and magnitude of technological changes do accelerate.  Though Google Car per se is of only peripheral interest to this blog, let us take a closer look at it to help us comprehend the speeding up of technological changes.

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