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Dubai's Remarkable Economic Transformation

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There are those who say Dubai is remarkable, but there are many cities like Dubai. I see Dubai in a league all its own. There are those who say Dubai is remarkable, but it is now downhill from here. I see that Dubai's best days are ahead still. It will not happen on its own. The effort will have to be made. But I am optimistic it will be made. Dubai is more than one chic city, beautiful to visit. Dubai can be to Pakistan what Hong Kong has been to China. Even today something like 60% of the FDI that goes into China goes through Hong Kong. Before the number was larger. There are things only governments can do. But once Pakistan can get its act straight on the basics like law and order, and infrastructure, I see Dubai playing an indispensable role in the rapid economic rise of Pakistan. For all its remarkable achievements I see Dubai ready for take-off. Dubai today is like China in 1990. I see that kind of graph ahead for the city. And it is dazzling as it is.

When I say Dubai is ready for take-off, that is not just a statement on Dubai the city, remarkable as it is, and the amazing transformation it has achieved in such a short period of time, but primarily a statement on where the world of technology is going. What will happen in tech in the next 25 years will be at least 100 times bigger than what has happened over the past 25 years. And Dubai is in a very good position to benefit from that. That positioning is a win-win for the world. Dubai will rise further and lift up the world with it.

I consider myself a student of Dubai's amazing transformation. I would like to know in great detail how it came to be.

As I see it, some of the future innovation in tech is going to be pretty capital intensive. And it might make sense for the various Gulf countries to channel their investments through Dubai. Dubai already has a reputation. Silicon Valley by now is many places. Silicon Valley always was an idea in the first place. And in thus channeling not only will Dubai rise to the next level, but it will also help every participating country follow its lead and similarly diversify. Diversification is survival at this point. It is diversify or decline for every country in the region. But in diversifying the region will lift the world. It will lift Africa. It will lift South Asia. It will lift the masses in the Middle East itself.

The Blockchain will do to money what the Internet has done to media. Money will be democratized. Look how easy it is to send messages and share photos and video clips today. The dollar a day people will get similar access to financial services. And places like Dubai that will facilitate all that will harvest rich dividends.

I am personally interested in making some moves. Today I had the good fortune to learn the wonderful people at Noor Almuna approved my loan application. And I am so very thankful. I have given to them in writing, I will give them first preference during phase two and phase three of my company. And I will.

But there is also a bigger picture. My real estate tech startup is going to be the first of several companies.

An entrepreneur like me is an artist who needs three buckets of paint. Human capital, financial capital, and physical capital (also known as technology). Indians powered the rise of Silicon Valley. And right now Dubai beats Silicon Valley on visa issues, although it could do even better. Dubai leads on the two buckets. And the third bucket is derivative. And Dubai is in an excellent geographic location. You have large masses in South Asia, and Africa nearby. Those are the next two Chinas.

I am itching to make moves in Dubai.


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Dubai's Remarkable Economic Transformation https://t.co/yPlBrVqxAC @HamdanMohammed @HHShkMohd @MaktoumMohammed #Dubai #blockchain #fourthindustrialrevolution #TechNews #innovation #Entrepreneurship #Entrepreneur #entrepreneurs #SiliconValley @wadhwa @PeterDiamandis @elonmusk

— Paramendra Kumar Bhagat (@paramendra) October 7, 2019

Dubai's Remarkable Economic Transformation https://t.co/yPlBrVqxAC @ImranKhanPTI @PTIofficial @SMQureshiPTI @ImranIsmailPTI @AliHZaidiPTI @MuradSaeedPTI @PTICPOfficial @PTIWPOfficial @FawadPTIUpdates #dubai #Pakistan #fourthindustrialrevolution

— Paramendra Kumar Bhagat (@paramendra) October 8, 2019

Dubai's Remarkable Economic Transformation https://t.co/yPlBrVqxAC @KhalafAlHabtoor @alhabtoorgroup @MKHabtoor @DubaiGoldCup @WaldorfDubai @KHDA @ShangriLa_Dubai @alhabtoormotors @ATLANTIS @BurjKhalifa @dubaitourism @visitdubai @emaardubai @gulf_news @mitsubishi_ae @Joao_Elton

— Paramendra Kumar Bhagat (@paramendra) October 8, 2019

Dubai's Remarkable Economic Transformation https://t.co/yPlBrVqxAC @Emirates247 @TheNationalUAE @UAENews @lovindubai @AlArabiya_Eng @emaardubai @MyDowntownDubai @TheDubaiMall @WhatsOnDubai @TimeOutDubai @expo2020dubai @DXB @emirates

— Paramendra Kumar Bhagat (@paramendra) October 8, 2019

Dubai's Remarkable Economic Transformation https://t.co/yPlBrVqxAC @DubaiPoliceHQ @MyDubai @MadinatJumeirah @BurjAlArab @LeMeridienDXB @KempinskiDubai @rafflesdubai @carameldubai @DubaiOutletMall @DubaiCares @noordubai @MOFUAE @UAEAid @UAEEmbassyUS @UAEMissionToUN

— Paramendra Kumar Bhagat (@paramendra) October 8, 2019

Because you need to be looking at Africa and South Asia. https://t.co/yPlBrVqxAC

— Paramendra Kumar Bhagat (@paramendra) October 8, 2019

Justice Democrats: Help Me With My Reimagine The Corporation Campaign

Hello @justicedems @AOC @_waleedshahid @saikatc @RashidaTlaib The corporation itself has to be restructured. Has to be reimagined. Redoing the political space is not enough. https://t.co/cmUkOz88RW @sunrisemvmt @rokhanna @JStein_WaPo @RBReich https://t.co/CF2SQsmBOf pic.twitter.com/AGe1ma8oQT

— Paramendra Kumar Bhagat (@paramendra) January 8, 2019

The corporation itself has to be restructured. Has to be reimagined. Redoing the political space is not enough.

....how, in just one year, Sandy the bartender became a lawmaker who triggers both parties

Technology Is But Tool

Sundar Pichai of Google: ‘Technology Doesn’t Solve Humanity’s Problems’ https://t.co/RRfITmw9aw

— Paramendra Kumar Bhagat (@paramendra) November 12, 2018

When I was back at I.I.T., I had access to the computer so rarely — maybe I’d been on it three or four times. To come and just have these labs in which you had access to computers and you could program, it was a big deal to me. I was so wrapped up in that, that to some extent I didn’t understand there was a much bigger shift happening with the internet.



There is nothing inherent that says Silicon Valley will always be the most innovative place in the world. There is no God-given right to be that way. But I feel confident that right now, as we speak, there are quietly people in the Valley working on some stuff which we will later look back on in 10 years and feel was very profound. We feel we’re on the cusp of technologies, just like the internet before.



Technology doesn’t solve humanity’s problems. It was always naïve to think so. Technology is an enabler, but humanity has to deal with humanity’s problems.

Technology is but tool. The tool can be used either way.

The Basic Template Of Entrepreneurship

Steven Spielberg, rightly thought of as one of the most creative movie directors, once said, it makes sense to keep the same team and churn out movie after movie, like they produce cars at factories.

What has happened with technology and innovation in just the past 20 years has been amazing, but all that is nothing compared to what is about to happen. And it makes sense to firm up the basic template of entrepreneurship. So we can focus on the more important stuff, like the technology and the innovation.

Curiously that template is waist deep in politics and public policy. The very idea of who owns the company is about to fundamentally alter. The inevitable Universal Basic Income (UBI) will be a huge boost to the innovators. Without that true large scale wealth creation is simply out of reach. The UBI is the oxygen mask that takes you to the top of Everest.

The idea of the corporate culture should be on the cutting edges of social science fiction and egalitarian thinking. Treating people right does not take away from competition or innovation. The second coming of Steve Jobs was primarily that he had learned to treat people better, like he himself admitted. But it goes beyond smiles and handshakes. It is about making fundamental leaps on race and gender.

10 Breakthrough Technologies

Immune Engineering
Precise Gene Editing in Plants
Conversational Interfaces

“I hope to someday have grandchildren who are mystified at how, back in 2016, if you were to say ‘Hi’ to your microwave oven, it would rudely sit there and ignore you.”

Reusable Rockets

spaceflight could become a hundred times cheaper..... the future of spaceflight will be far more interesting than the Apollo-era hangover of the past 40 years.

Robots That Teach Each Other

an average experiment generates 100 gigabytes of information ..... Researchers are already working on autoimmune disorders, like diabetes, multiple sclerosis, and lupus. Infectious disease is also in the sights of T-cell engineers.

Precise Gene Editing in Plants

CRISPR offers an easy, exact way to alter genes to create traits such as disease resistance and drought tolerance.

a lab in China has used it to create a fungus--resistant wheat; several groups in China are using the technique on rice in efforts to boost yields; and a group in the U.K. has used it to tweak a gene in barley that helps govern seed germination, which could aid efforts to produce drought-resistant varieties. ..... The gene-editing technique could be critical in helping scientists keep up with the constantly evolving microbes that attack crops ...... “It takes millions of dollars and many years of work to go through the regulatory process,” Kamoun says. “But the pathogens don’t sit and wait for you; they keep evolving and changing.” ....... Big and small companies alike are jumping in. ..... The big question is whether CRISPR crops will be governed by the same regulations as GMOs. The U.S. Department of Agriculture has already said some examples of gene-edited corn, potatoes, and soybeans (edited using a different method, known as TALENs) don’t fall under existing regulations. But both the United States and the more restrictive European Union are now conducting reviews of today’s regulations. And Chinese authorities have not said whether they will allow the crops to be planted.

Conversational Interfaces

Powerful speech technology from China’s leading Internet company makes it much easier to use a smartphone.

A growing number of China’s 691 million smartphone users now regularly dispense with swipes, taps, and tiny keyboards when looking things up on the country’s most popular search engine, Baidu. China is an ideal place for voice interfaces to take off, because Chinese characters were hardly designed with tiny touch screens in mind. But people everywhere should benefit as Baidu advances speech technology and makes voice interfaces more practical and useful. That could make it easier for anyone to communicate with the machines around us. ...... “The best technology is often invisible, and as speech recognition becomes more reliable, I hope it will disappear into the background.” ...... they offer a glimpse of a graceful future in which there’s less need to learn a new interface for every new device. ...... There are thousands of Chinese characters, and although a system called Pinyin allows them to be generated phonetically from Latin ones, many people (especially those over 50) do not know the system. It’s also common in China to use messaging apps such as WeChat to do all sorts of tasks, such as paying restaurant tabs. And yet in many of China’s poorer regions, where there is perhaps more opportunity for the Internet to have big social and economic effects, literacy levels are still low. ....... Robots or home appliances, for example, could be easier to deal with if you could simply talk to them. ...... a powerful new speech recognition engine called Deep Speech 2. It consists of a very large, or “deep,” neural network that learns to associate sounds with words and phrases as it is fed millions of examples of transcribed speech. Deep Speech 2 can recognize spoken words with stunning accuracy. In fact, the researchers found that it can sometimes transcribe snippets of Mandarin speech more accurately than a person. ....... Baidu’s progress is all the more impressive because Mandarin is phonetically complex and uses tones that transform the meaning of a word. Deep Speech 2 is also striking because few of the researchers in the California lab where the technology was developed speak Mandarin, Cantonese, or any other variant of Chinese.

The engine essentially works as a universal speech system, learning English just as well when fed enough examples.

Reusable Rockets

Rockets typically are destroyed on their maiden voyage. But now they can make an upright landing and be refueled for another trip, setting the stage for a new era in spaceflight.

If this can be done regularly and rockets can be refueled over and over, spaceflight could become a hundred times cheaper.

Robots That Teach Each Other

What if robots could figure out more things on their own and share that knowledge among themselves?


DNA App Store

An online store for information about your genes will make it cheap and easy to learn more about your health risks and predispositions.


SolarCity’s Gigafactory

A $750 million solar facility in Buffalo will produce a gigawatt of high-efficiency solar panels per year and make the technology far more attractive to homeowners.

efficiencies in the lab are even higher: researchers have made exotic solar-cell materials with efficiencies of up to 40 percent.

Slack

A service built for the era of mobile phones and short text messages is changing the workplace.

Slack gives you a centralized place to communicate with your colleagues through instant messages and in chat rooms, which can reduce the time you have to spend on e-mail. Whether you’re on a mobile device or a desktop computer, you can upload files, get and manipulate information stored in spreadsheets or other business applications, and easily search through past conversations. But many of the core features have been around since the 1990s. And there have been other “Facebook for the office” software packages that resemble Slack and have failed to generate anything close to the same level of enthusiasm. ...... more and more people now get work done on mobile devices, in collaboration with people who aren’t always in the same office at the same time. ....... Slack funnels messages into streams that everyone who works together can see. That “allows you to ‘overhear’ what is going on in an organization, which research has shown can lead to business impact,” he says. “It’s a kind of ambient awareness that you just don’t get from e-mail.” ...... Slack messages tend to be short and casual, much more like the mobile text messages that people are increasingly favoring over e-mail in their personal life

Tesla Autopilot

The electric-vehicle maker sent its cars a software update that suddenly made autonomous driving a reality.

give drivers something similar to what airline pilots employ in flight ..... The car could manage its speed, steer within and even change lanes, and park itself. ..... Everyone wanted to know what it felt like, the strange surrender of allowing a car to take control. The only moments that seemed like magic were when the car parked itself or changed lanes, mostly because watching a steering wheel turn all on its own was unnatural and ghostly. ...... the thing that quickly becomes strange is driving a car without Autopilot. “You’ll feel like the car is not doing its job,” he said. ...... my car accelerated and slowed more smoothly than it ever could have with me in charge.

Power from the Air

Internet devices powered by Wi-Fi and other telecommunications signals will make small computers and sensors more pervasive.

energy harvested from nearby TV, radio, cell-phone, or Wi-Fi signals ..... Transferring power wirelessly is not a new trick. But getting a device without a conventional power source to communicate is harder, because generating radio signals is very power-intensive and the airwaves harvested from radio, TV, and other telecommunication technologies hold little energy. ..... weak radio signals can indeed provide all an Internet gadget needs ...... tiny passive Wi-Fi devices could be extremely cheap to make, perhaps less than a dollar. In tomorrow’s smart home, security cameras, temperature sensors, and smoke alarms should never need to have their batteries changed.

Tech News (2)

Free money! What’s not to like?

An earlier incarnation, called the negative income tax, was pitched by the conservative economist Milton Friedman in the early 1960s as a way to curtail the growing government antipoverty programs of that era. ...... among many tech elites and their boosters, the idea of a basic income seems to have morphed from an antipoverty strategy into a radical new way of seeing work and leisure. ....... the economy is becoming increasingly dominated by machines and software.

A Future Without Jobs? Two Views of the Changing Work Force

A problem I have with the idea of a universal basic income — as opposed to, say, wage subsidies or wage insurance to top up the earnings of people who lose their job and must settle for a new job at a lower wage — is that it relies on an unlikely future. It’s not a future with a lot of crummy work for low pay, but essentially a future with little or no paid work at all. ...... They see a future in which a small group of highly skilled tech workers reign supreme, while the rest of the job world resembles the piecemeal, transitional work we see coming out of tech today (Uber drivers, Etsy shopkeepers, people who scrape by on other people’s platforms). ...... techies have a philosophical bent toward big ideas, and U.B.I. is very big. ..... Norwegians work 20 percent fewer hours per year than Americans; Germans 25 percent fewer. They have taken much more of their wealth in the form of leisure rather than money. ......

And, by the way, I’ve read about robots that can program. So maybe the programmers aren’t safe either.

...... It will be O.K., under this policy, to choose a life of learning instead of a low-paying bad job. ..... a universal basic income functions properly only in a world with little or no paid work because the odds of anybody taking a job when his or her needs are already being met are going to be fairly low. ...... If the idea of robots taking over sounds like science fiction, the idea of the American government agreeing to tax capitalists enough to hand out checks to support the entire working class is in an entirely new category of fantasy. ...... One of the reasons some libertarians and conservatives like U.B.I. is that it is a very simple, efficient and universal form of welfare — everyone gets a monthly check, even the rich, and the government isn’t going to tell you what to spend it on. Its very universality breaks through political opposition. .....

Andy Stern, the former head of the S.E.I.U., will soon publish a book calling for a basic income

. ...... The techies, as usual, are either way ahead of everyone, or they’re living in some other universe. .....

tools and techniques we have developed in recent times — from gene sequencing to electron microscopes to computers that can analyze data at enormous speeds — are about to open up vast new frontiers of possibility.

Covering Donald Trump, and Witnessing the Danger Up Close

and the mood shifted, as well, turning tense and electric...... One young woman, a Trump supporter, was shoved against the metal barricades and began to cry. A group of older women left early, shortly after a man holding a “K.K.K. 4 Trump” sign was hustled out nearby.

How WeChat Is Extending China’s School Days Well into the Night

A Bitcoin-Style Currency for Central Banks



10 Breakthrough Technologies:2016

Reinventing Marketing in the Digital Era

Business Models, Information Technology, and the Company of the Future

The Nature of the Firm—75+ Years Later

Pentagon Hackers Are Waging America’s First Cyberwar

Immune Engineering

Israel

Israeli technology is everywhere.

Israeli technology is everywhere. Powerful video by Calcalist כלכליסט

Posted by START-UP NATION on Thursday, October 22, 2015

Tech Aviv

A Fan Of Israel

Europe's hottest startups 2015: Tel Aviv

The startup nation became the exit nation in 2014, with Israeli tech sales and IPOs hitting $15 billion (£9.5bn) ..... "What sets Israel and Tel Aviv apart is its openness" ..... "You can meet almost anyone, and everyone knows and talks to -- and about -- each other." ..... "Entrepreneurs will focus not only on innovative technologies," he says, "but on building disruptive companies out of Israel." ...... Consumer Physics wants to build a molecular map of the world ..... StoreDot has developed a smartphone battery that can be charged in one minute. ...... Windward analyses commercial satellite feeds and maritime data to track the location and contents of every major seafaring vessel in the world .. Its aim: real-time updates and insights for maritime markets and intelligence agencies. ...... Moovit's transport app provides real-time public navigation on buses, trains and tubes. Using a combination of public-data feeds and feedback from users, it claims to provide travel times more accurately than its rivals. ......... Zebra Medical teaches computers to diagnose diseases. .. has partnered with Israeli imaging centres and universities worldwide to build a database of images. "We have millions of diagnosed MRIs, CT scans and X-Rays," says Gura. In April it secured $8m in funding led by Khosla Ventures. ....... Calling itself "the Robin Hood of fees", FeeX identifies hidden charges in investment and retirement funds

Berlin And Tel Aviv: How Two Top Startup Hubs Are Stacking Up

They are home to two of the world’s most dynamic tech startup hubs. Separated by 3,000 miles the cities of Berlin and Tel Aviv share a surprising number of similarities in terms of their startup cultures. ..... “The Berlin way is extremely structured and long term and Berlin’s startups usually think big. They set high goals. And then they create very detailed roadmaps in order to drive the company towards them. People really believe that ‘big dreams start small’,” says Kagan, a Tel Aviv native whose career in ad-tech spans more than ten years. ....... “And this is great for us as managers, since it forces us to combine innovative thinking about the future and practical thinking about the present. Tel Aviv, on the other hand, has an approach that is more spontaneous, with less hesitation when starting up and more improvisation along the way.” ...... While Berlin has more local business angels than big investors, Tel Aviv’s venture capital, per person, is much higher and mostly from non-Israeli investors. ........ Alibaba is a case in point. Earlier this year the world’s largest e-commerce firm made a strategic investment in Jerusalem Venture Partners worth tens of millions of dollars.

Behind Israel's Startup Success Is A Mountain of International Collaboration

How Israel became Israel is a complicated story. ........ The truth is that to become the #2 startup ecosystem in the world after Silicon Valley, it’s taken a complicated calculus of educational, societal, and entrepreneurial influences to make Israel the economy it is. ....... Did you know that in Massachusetts alone, Israeli companies doing business there have generated over $6.2 billion in 2013 and employ 6700 people in the state? ....... emerging sectors such as nanotechnology, robotics, and 3-D printing coming from collaboration between Israeli and global scientists, entrepreneurs and business partners. .......

the young country has always focused on human resources to address its natural resources problem.

...... The high-end of Israel’s academic world has shined brightly over the past few decades, winning numerous Nobels and contributing to the advancement of science globally. While science has flourished, Israel has a lot to learn from global educational institutions. One interesting development to watch is Cornell University’s partnership with Israel’s Technion (considered the M.I.T. of Israel). ....... Israel is still trending up as the U.S.’s #3 innovation partner, right behind Switzerland and Canada. So, as Israel, the Startup Nation, grows into its big-boy, Scale-up Nation shoes, other nations looking for its secret sauce can look directly to its partnering ability for guidance. Israel’s technology and startup ecosystem have both benefited from and created global partnerships that work to support growth in Israeli ingenuity on a global scale.

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Innovating The Smartphone Battery

If my smartphone battery gave me four times more juice, it might last a full day of rigorous use. But it doesn't.

Battery is hard to do, but worth trying. But maybe Samsung should plot to move to one of the next big things: rHealth.

In fast food it is not McDonald's that is number one. The Chinese restaurants collectively are bigger. The same seems to be true of smartphones. Samsung is like McDonald's. It is number two.

Samsung’s Future Is Bleak Because Phones Themselves No Longer Matter

With the possible exception of radically improved battery life, hardware differences become about subtle preferences, not clear-cut metrics of superiority.

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Smartphone Lenses That Move Sideways

Deutsch: Prinzip eines Zoom-Objektivs, stark vereinfacht. Die einzelne Linse ganz links stellt das Grundobjektiv dar. Die drei weiteren Linsen bilden gemeinsam ein afokales System. Selbst erstellt mit POVRAY 3.5 unter Verwendung freier Skripte und der frei verfügbaren Version von LINOS Photonics WinLens 4.3, Quellcode beim Uploader wegen eines Festplattenchrashs leider nicht mehr in einer funktionierenden Version vorhanden. (Photo credit: Wikipedia)

I probably use my phone as a camera more than anything else. Therefore I am all ears when something like this shows up in the news. I am not too hungry for more megapixels. But the lack of meaningful optical zoom has been a major problem from day one. It has been in the "God, give me the wisdom to accept things I can not change" category.

Lenses That Move Sideways Could Improve Smartphone Snaps

To pack a camera-quality optical zoom into a smartphone ...... For now, the DyanOptics lens prototypes can magnify objects up to three times larger than they really are. Chan says the company expects to magnify objects up to five or six times ..... Chan is already thinking beyond the smartphone. She believes the technology could find a home in the cameras strapped to drones or robots. ..... there are cameras everywhere

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Ocean City

You need to believe this, I wrote my last post before I read this article, which is mind blowing.

The Next Giant Chinese City Will Float In The Ocean

The whole city is designed to be fairly self-sufficient. Tidal energy will power the island, and farms and hatcheries around the edge will provide food. Trash will be converted into more energy on site. The island will even have its own factory producing some hyper-local goods..... As futuristic as it seems, the island may be coming soon--a large Chinese property investment firm is reviewing the design now and expected to begin testing some of its components in 2015.

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Freefall From Space

I am more intrigued by how he went up then by how he came down. It did not take him all that long to get up there, did it? Lesson: travel light.

Felix Baumgartner’s GIF from Space

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