The recent uprising and subsequent meltdown of Reddit can be attributed to the age-old problem of letting customers run your business for you. The dream of Reddit is that each individual reader will respond to every story and comment by voting for it to be promoted or demoted, resulting in the best possible content for the largest collection of readers being at the top of page.
Since the dawn of Sci-Fi, humanity has been concerned about AI and whether it will eventually lead to our demise. This a mindset held by great thinkers such as Stephen Hawking and Bill Gates. This fear has often overshadowed the many benefits AI offers and the advantages to our world they can provide. With only speculation to reinforce this worry about our future, we have held ourselves back from the wonders advanced AI can and is already giving us. Only by shaking off these fears can we reap the benefits.
The promise of the Internet is of a world that is freely connected. The reality is that the Internet must do business with the physical world, and in that world the hardware that runs the Internet can find itself within any number of legal boundaries. The United States, in addition to being the headquarters of some of the world’s largest telecoms, also plays host to a significant portion of the Internet’s backbone. This means that legal decisions covering Internet usage in the US have the potential for world reaching consequences.
Regardless which side of the isle you stand politically, you can be rest assured that the passage of net neutrality is a positive for you, and your ability to access the Internet like you have since the 1990’s. The Internet is turning into a business tool with everything from cloud computing to premium Internet providers. When you break this entire issue down to its bare bones, the only businesses that are going to be hurt by this ruling are the major Internet service providers such as AT&T, Verizon, and Comcast. If you’re not one of them, then consider the passage of this new FCC regulatory law a major victory.
If you haven’t noticed yet, Apple decided to shove U2’s album down your throat. And I’m not exaggerating! Ok..maybe a little. But seriously, go check. Depending on how your iCloud is setup, their latest album will most likely be in your Music app, ready to play or in the ether of your iCloud, available to download.
We’ve all heard some variation of the quip that overnight success actually involves years of striving, with presumably several failed efforts and false starts along the way. But when entrepreneurs experience failure, whether it’s their first encounter with it or an especially spectacular failure, it can be a major blow financially as well as emotionally. Here are my thoughts on how to recover from a significant business setback.