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Congratulations John for a very valuable and timely blog post. I find it complements nicely the following blog posts, that are intended to mutually reinforce each other. The first is "Are we able to connect the energy dots looking backwards towards a Declaration of Interdependence? ( http://bit.ly/882GMH )," which was also inspired in the 4th of July.

The second is "Carta a Diario Libre: Hagamos que el problema sea de todos con libertad de expresión ( http://bit.ly/685GMH )," whose 4th update is "Para que los jóvenes tengan derecho al futuro con libertad de expresión ayudanos a crear la civilización sistémica," something like "in order for young people to be entitled to the future with freedom of expression help us to create systemic civilization," and for which your blog post is a most read short term risk taking blog post.

Those two comments were then used to make the blog post "Are you ready to take short term risks to help create the long term reward of the systemic civilization? ( http://bit.ly/884GMH )."

Fenia Petran

The pessimists' view is that most important technological discoveries have already been made.

But big, real leaps in technology and science take time and develop slowly. And their practical implementation may take years, many years.

The ENIAC computer developed in the decade starting from 1945 marked the birth of modern computing.

ENIAC is one of the innovations that went on to change the modern world.

Many pessimistic people had large doubts as to whether computation by electronic machines would ever be a practical reality.

It seems almost incredible today that scientists, engineers, and businessmen six decades ago might not at first have grasped the huge implications of the new technology.

ENIAC's design pointed boldly to the future, incorporating concepts and innovations that went far beyond those developed by earlier researchers and inventors.

In the late 20th Century, two major computer companies, Apple and IBM both developed their own computer systems that originated from the ENIAC development.

And then the next-generation of smaller and faster and smarter computers followed and emerged towards the digital world of today.

I believe in having a positive and optimistic but realistic attitude about everything we do.

There is excitement in knowing that what you do and work with may have a significant impact on a larger dream and vision, and that you can see that impact every day.

I believe that over time the new technologies will become more and more ubiquitous and intelligent.

And that people can change the world through technology, do outstanding useful things and ultimately make the world a better place.

The time is now ripe for learning the new technologies and their real-world applications.

The opportunity forward requires us to re-think the way learning is thought.

We need to drive disruptive change and innovation in higher education and organizational education, as well, and this is a great challenge and also a great opportunity for all of us.


Hi John--happy 4th to you and thanks for this. I've been so busy lately it's been difficult to write substantive blog/public work, most everything deeply detailed technical work under NDA.

As you may have noticed this is essentially my default position for many of the same reasons. It's very difficult to tell whether it's pulled anyone and even less obvious or measurable whether it's assisted our business or financial lives--in fact it looks just the opposite, and in that regard to date in our experience conventional wisdom seems to have been accurate.

But that may well be due to timing--we tend to be early and in most cases were not persistent enough to enjoy the long term benefits. I certainly hope that with Kyield it will be a better outcome--we have been patient and persistent, and it's as solid as anything I've been involved with, so certainly should be.

My primary reason for posting a comment was simply to add how important this basic philosophy of individualism is to a diversified economy. As we often see evidenced in our shared interest in complexity, nature and reality are often counterintuitive, running directly opposed to dogma that is often taught from a position of fear or conflicted interests.

A long-term student of economics, this trend shows in odd ways. The most dynamic and strongest economies are usually found with a high percentage of individuality in the form of small and medium sized businesses of various types. This was true in the peak years of the U.S. as well as China and Germany among others.

Politicians speak to it often, but policies are often driven by consolidated power, which creates a negative spiral of sorts as the more consolidated power that exists, the more extreme measures are applied to protect and extend, the less diversity and more systemic risk. Of course we saw this in the financial crisis though we see it elsewhere--I observed it in SV VC in rare form during the dot com bubble--different today, but similar dynamics.

The missing ingredient is sacrifice. Authenticity, deep reward, trust, meaning--it requires sacrifice. Not nearly as much as the Founders risked or those that lost everything on the field of battle, but it does require sacrifice and it also requires supporting those who make the sacrifice in meaningful ways--commerce and trade. We need much more of it.

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