I looked at the “Buy Bitcoin” button and paused, was I ready to do it? had I read enough articles explaining what is blockchain? 2017 had just closed after an all-time high for cryptocurrencies, and according to many enthusiasts, it was just the beginning. I felt like I was missing out, so I pushed the button and sat back. I felt confident, but in reality, I had no idea what I was doing.
I passively consumed news about Bitcoin for years, but I never went deep enough to properly understand the technology behind it and its potential. Even though I followed the ultimate rule of “investing only what you can afford losing”, the truth is that I only began to comprehend blockchain technology after I already got my feet wet. I started losing money shortly after my first order completed, these are the 4 lessons I learned since then.
1. A big Bitcoin dive can drag the rest of the crypto market with it
There is so much speculation around cryptocurrencies and so many people investing in them without having a clue, that a moment of panic can snowball into a sudden market crash. A Bitcoin crash can affect many investors’ confidence in other cryptocurrencies (or altcoins), dragging their price down as well.
Many altcoins are variants of Bitcoin with small code differences, making their prices change practically in parallel to Bitcoin’s.
I have been waiting since college on RFID’s failed promise to deliver a walk-away checkout experience, and Amazon finally made it possible. After reading my co-blog writer’s experience in the Amazon Go store I had to check it out for myself and was excited for it. All my friend’s pictures were of long lines, but thankfully I am a morning person and there was no line when I got there. My goal was to pretend I had no idea what it was or how it worked. My experience overall was good, with the exception of the on-boarding process. I was greeted with a condescending “oh, you don’t have the app?” and was asked to stay aside. My T-Mobile reception was very poor so it took me a bit to get started. Once I downloaded the app and signed into my Amazon account everything was smooth. Mission accomplished! In this post, I’m not going to talk about the actual store (Ivan did a great job already) but about the implications of the first tangible and successful AI automated store.
Automation has always been part of our history. Automation has helped us evolve into the society we have now. Such as, automating how we grow and crop food so we can have a good food supply, the industrial revolution to make things faster and cheaper, the assembly line to make them even faster and cheaper, and finally computers to automate processes and tasks. Now, AI is here and it will automate all of our productivity.
“The craziest thing I’ve seen is someone who came in dressed in a Pikachu costume,” said an Amazon employee while she handed me a promotional bag with the Amazon Go logo on one side and the text ‘good food fast’ on the other.
I arrived at the new store in downtown Seattle around 7:20 pm and was surprised to see the line of people still reached the end of the block. It had been a cold day in Seattle but that didn’t discourage the hundreds of people who came to see the ‘magical’ store on day 0. I didn’t use the term ‘magical’ lightly here: the experience was truly unique and it felt too good to be true. Amazon Go is probably the store with more sensors on the planet right now, and it is intimidating:
Each of those boxes on the ceiling are cameras connected to deep learning algorithms that analyze every move you make: which aisle you walk through, what items you grab to read and then return to the shelf, what items you put in your pockets or bag… everything to ensure you only get charged for what you take home. But also, everything to ensure your shopping pattern is studied and well understood. Maybe not today, but it’s the inevitable next step and the ultimate dream for any retail store: to know what their customers like and the type of advertisements that will work best on them.
In a few days, on December 14th, the Federal Communications Commission (FCC) will vote to change how the internet is regulated in the United States. The impact on how regular users like you and me access information online could be massive, and here’s why.
Currently, there is policy around open communications, mandating that the treatment of traffic should be non-discriminatory: broadband providers cannot get in the way, they cannot censor or make deals that benefit certain types of content over others. For example, Comcast is not allowed today to treat Netflix differently than any other new video streaming startup.
The FCC Chairman, Ajit Pai (who worked as Associate General Counsel at Verizon), is proposing to vote to remove these rules in favor of a less regulated internet. Fewer regulations means, according to their main argument, that the amount of investments made by telecommunication companies will stop decreasing. However, the same data that the FCC used shows that investments have been flat at worse (or actually increased at best) since 2013.
The FCC also argues that if any corporation starts misbehaving, consumers can take their business elsewhere. Nonetheless, more than 50% of the US population only has access to one single internet provider, so they cannot even vote with their wallets. The only way to defend consumers rights will be through litigation and class action lawsuits.
Is everything bad in the new proposed plan? No, there is one important point that will be critical to detect future abuses: broadband providers are obligated to be transparent about their traffic practices; in other words, if Comcast made a deal to promote Netflix over any other streaming service, or if they started blocking or throttling certain sites, it would have to be public knowledge (even if that just means one more line in the fine print at the end of a contract).
Earlier this week I had the pleasure of visiting the Oculus Seattle office for a private tour, some cool demos and a very interesting conversation. During the whole visit, a question kept popping up in my mind: will augmented reality (AR) or virtual reality (VR) ever become the standard way of interacting with our desktop or mobile devices?
User interfaces have evolved over the years in very significant ways: we moved from punched cards to command-line interfaces, and from there to graphical interfaces, which ended up evolving into what we know today, mouse, keyboard and touch. With recent advances in artificial intelligence, we are beginning to transition into conversational interfaces, where we can use natural language to get things done, sometimes even without touching a button or reading a line of text.
Is the future of user interfaces an (almost) invisible one? In many cases, yes, just watch the 2014 movie Her to see a glimpse of where we will be in a few years (minus the “falling in love” part):
However, for many other tasks we will still need to read, type, touch and draw. This doesn’t mean that we will be tied forever to a screen, and here’s where VR and AR come in.
“Is that an earthquake?” the candidate asked with their eyes wide open, as everything around us started shaking. On September 19th, a 7.1 earthquake hit Central Mexico shortly after 1pm, and I was there interviewing university candidates for Microsoft. We were able to exit the building without issues, and even though my phone was unable to make any calls, it had data connectivity, allowing me to contact my family and friends over WhatsApp.
Many others weren’t so lucky: 369 people were killed, and over 6,000 were injured. The earthquake occurred on the 32nd anniversary of the 1985 Mexico City earthquake, which killed around 10,000 people. After spending the following days inspired by the amazing reaction of the Mexican society, united and determined to help each other, I wondered how different the situation would have been without technology’s help. How long would it take for people to find out if their families and friends were OK? How would they be able to find help or where help was needed?
My good friend Paulina Bustos was the perfect person to talk about these issues, so I decided to interview her. Paulina studied Computer Science at the Tecnológico de Monterrey University, worked at Microsoft in Redmond, WA for over 3 years and is now living in São Paulo doing a Technology Fellowship with Artigo 19; she is the co-funder of Cívica Digital in Mexico, where she worked with several non-profit organizations and governments to strengthen citizenship using technology, and she also teaches Software Design & Analysis at ITAM University.
Where were you during the September 19th earthquake in Central Mexico and what was your immediate reaction when you realized the magnitude of the event?
I was in Sao Paulo in a meeting, when my cellphone started ringing with all the messages from family and friends. My oldest sister lives in Mexico City and she usually texts back within the first 5 minutes after an earthquake. This time she took almost an hour. I knew immediately that something was off.
Apple will present the new iPhone this Tuesday and, as usual, most of the details have already been leaked.
What seems guaranteed is that we’ll see 3 models being introduced: the iPhone 7s, 7s Plus and a special edition to celebrate the 10th anniversary of the original iPhone. That special edition has been known until now as iPhone 8, iPhone Edition, or iPhone Pro, but the official name iPhone X has been confirmed (among other details) thanks to the final version of iOS 11 leaking.
These are the top 3 reasons why I’m excited about the iPhone X.
Becoming an engineer is not an easy task. Excelling at it is even more complicated. And if you happen to be a woman and part of an ethnic minority, things will be remarkably tougher for you.
Today, I’m interviewing Bea Querido-Rico, an engineer with over 12 years of experience in the aerospace industry, who is also running for Port of Seattle Commisioner. Join us while we talk about what we can do to improve the world for future generations.
Education is one of the big challenges of our time, with less students choosing STEM degrees each year. How would you encourage the younger generations to become the professionals that we need as a society?
The strategy that works the best is inspiring through understanding first what motivates younger generations. Once the motivation is understood, then link that motivation to S.T.E.M. and pair it with relevant fun courses as well as role models that they can relate to.
Growing up I was only exposed to sports, accounting, and nursing. Some people in my family took steps into starting a business and my brother pursued engineering in college but all of that in my world was so abstract until I landed an internship at the Boeing Company working for the C-17 military cargo aircraft. That summer internship in aerospace widened my perspective and heavily influenced the way I think and operate professionally.
So the biggest question is: will it succeed? Will people buy the Spectacles? Evan Spiegel (Snap’s CEO) downplayed the importance of the announcement by saying that the Spectacles are a “toy” and that the release would be slow.
The company is probably being cautious because of previous market failures like Google Glass. But is this a comparable product? I don’t think so.
Google Glass had a price tag of $1500, an aura of “for developers only” and a futuristic design that didn’t appeal to everyone. Snapchat’s Spectacles are cheap even for a teenager (yes, that same teenager that has an iPhone), have a playful design and are easy to use: just press a button to start recording whatever you are looking at.
Google Glass also failed because of the privacy issues that it raised – am I being recorded right now by that guy? The recording indicator was too soft, so subtle that it creeped people out. The Spectacles have a prominent light when they are recording.
So will it succeed? I think the better question is: will Snap produce the Spectacles fast enough to supply the demand from those teenagers that spend hours glued to their Snapchat app?
With the acquisition of LinkedIn by Microsoft, many investors started buying Twitter stock thinking that the struggling social network would be next. Nick Bilton, one of my favorite writers with Twitter insights, recently explained why this is unlikely. So if nobody is going to buy Twitter, what can it do to survive? Can Twitter be saved?
I agree with Bilton, Twitter will not sell in the near future, specially given its latest investments in SoundCloud and Magic Pony Technology. In fact, I believe Twitter has several great opportunities within reach to overcome this difficult period.