This article blew up! I appreciate the feedback provided by those in the audience and the excitement that everyone brought to the material at hand.
To cover some of the points; the team behind the article had the pleasure of working alongside management and executives from large enterprises and governmental bodies to SMBs. The website serves as a medium to share some of the knowledge that our team has gained throughout our careers (supported by research from what some consider to be leaders in their respective markets) with the aim of helping individuals and organizations bring their very best to wherever place they work at.
I can appreciate the skepticism of some netizens, but I think it is worth noting that many of the tools, solutions and perspectives that are provided and advised in the website are either free to use or considered cream-of-the-crop in the market today. Some of the tools in one of the segments for today’s article are in-development because they are often provided free to use and involve personal development time outside the organization’s average daily schedule.
If you have questions, concerns or need support with anything, please reach out via linkedin.
Creating a bank account as a foreigner has become increasingly difficult since a subsidiary of Danske [1], a prior Fortune Global 500, was caught in a major money laundering case which has brought the scrutiny of EU and US regulators into their banking sector.
For those interested in opening an e-business in Estonia, please be mindful that due to the 'Tech Company' way in which the government looks to operate, that there is an increasing rate of change in regulations which can impact your business decisions, although major generic areas such as Corporate and Personal tax rate has trended downwards (around 25% in 2004 and 20% now).
Life, in most cases, is built upon all 4 points listed by OP with a varying degree of applicability. If magically, everyone decided to just accept 1 without doing any of the others, you would likely find society going down the drain or the few who attempt 2,3 or 4 with an exceptional return of investment.
I find it difficult to undermine all four 'kinds of luck' when you look at someone studying hard to get into a certain university, or you look at a foreigner deciding to uproot their lives to hopefully get a better life in US/Canada,etc or someone who decided to knock on every door to get their first client and hone their skills throughout that process.
The exec response can be coming from a variety of angles:
1) Reuters reached out and he simply provided a snippet of what is happening;
2) US firms are interested in the product;
3) US firms are interested in using this conversation to leverage negotiations with another party;
4) Whether they are getting little to no traction or some, Huawei may be trying to say "look, we are not nuclear, others are talking to us, you should too' to prop up interest and willingness via journalism.
I find it difficult to agree to this statement from a holistic perspective since there are many unknowns that the average individual has little to no control over. For example, how do you, as an individual, can control the air quality in your vicinity [1]? the water quality [2]? soil? pesticide/procurement/logistics of food? Work environment? Family environment?
What do you do and how do you control the quality of all these things for a long stretch of time (1, 10, 30 years?)? In theory, as you have more income, you may have more control over some of the areas above, but the reality is that some factors are still difficult to control/ balance.
There is still a major part of acute illnesses that are directly associated with choice in the areas of dieting and exercise, so do not take my response as a full counterargument to your opinion.
What op seems to imply is that airplane incidents rates actually have a stronger track record as opposed to the opioid epidemic, road fatality, etc. And that if society believes that this individual/group should go to prison based on this mistake and in hindsight, without account for all the other factors that were a part of the decision making process, then society should start reconsidering the way it treats opioid, road fatality, etc.
The mindset of "quick to imprison" can also run the risk of creating a society that is overly averse to risk taking, which can hinder technology and scientific advances. For example, it may take 10 times as long to get a new, more advanced traffic light implemented in your city because now everyone wants to make sure no stone was left unturned, otherwise someone will get into an accident and a staff/group will be imprisoned. Or a new software is implemented but 3 months later it is found that failure under very specific scenarios has caused over 50 deaths. There are millions of potential scenarios that may fall under similar conditions as exemplified above.
Please note that this writing is not advocating for or against either views, it is simply shedding light on risks that should be considered.
It would be interesting to see whether certain flies evolutionary traits may develop if we start painting cows. It is entirely possible that Zebra stripes serves as a 'radar jammer' to flies and that it could help decrease fly bites, further studies may be of interest in this area.
If evolutionary traits are likely to occurs, it is worth noting that the size of cow (1,400,000,000) [1] and zebra (800,000)[2] population may have an impact on how fast these traits evolve to cope with the new normal.
It is difficult to determine whether he was alone in a 'Wilson' Cast Away sense or if he was alone while watching others do their activities and stealing from them to support his necessities.
These two environmental conditions can have varying impacts on a person's mind.
In the future, due to advances in radar tech, satellite and others. Skirmishes between highly advanced nations will likely emphasize the use of swarm drones to serve as a battalion and a distraction against the more technically advanced and less defended solutions (e.g. F-35).
Whenever someone looks at the F-35 and others, you should aim to build a holistic picture of what 'X' feature serving sub-optimally could entail, not just "Invisibility cloak has weaknesses under these specific conditions, therefore it is a failure" and whether the group behind optimizing the aircraft is aware of it and accounts for that when upgrading and /or sending it on missions.
Whenever a conversation about executives come up, many tend to jump into the "this is not fair" band wagon. Below is a different take on senior executives that may help shed light on why some things are the way they are.
To become a senior executive, the individual must often pass through many trials and tribulations which entails risk taking. A portion of that comes with taking a leap into different verticals, inheriting and resolving other people's mess, taking a strategic perspective on things, etc. But you must think, "other's also have to go through that" and it is true, but for potential and new executives, it tends to happen more often and at a greater risk to the self and the organization. The risk they take also needs to account for competition, time without family/friends, emphasis in the company not in the self, etc. All of these are risks, and when compounded can increase the compensation value of an executive. If the market functioned differently it is likely that a lot less people would be interested in taking that jump, specially in today's economy, where most computer & IT occupations have a similar median pay than a top executive [1][2] (USA numbers).
As they become the 0.01% of the 0.01% in their area of expertise, they are able to command better compensation for their time. By being part of that equation, you often have to jump into publicly traded companies and become a public figure (internally & externally) which is viewed as a premium in market led opportunities (artists, sports players, etc).
A simpler way to visualize the demand aspect of it is to ask yourself: If you had $1m, would you prefer to put it in the hands of someone with reputation or in the hands of the average Joe passing by? Would you pay $300k to get the best doctor to treat your illness with a 5% higher odds of survival or would you be fine to do it with someone else for $50k?
Of course, there are still questions regarding market distortions, cronyism and many others that should be taken into account and potentially acted upon to create what society perceives to be fair. It is just important to be mindful of the overall picture.
A select few get a chance to truly pick their projects, even then, most need to apply for grants internally and externally to get the funds. Professors may also be tied to teaching, cutting their time from the researches they them valuable. When accounting for this, a lower purchase power and seeing 'the grass is greener' on your private corp peers, you are very likely to think long and hard about jumping ship.
Google is an indexer, therefore it searches for information on the internet that correlates or is @tonyjstark. If you ask your government for a 'Rights to be Forgotten', they will request for everyone in their jurisdiction to remove you from it. Google EU and others then have to remove the indexed information associated with you. However, Google US, Bing Colombia, etc are not in your jurisdiction, so it can still index the information associated with you. Also, if the website that is being indexed is not within EU jurisdiction or has been copied elsewhere, then it also falls outside of EU jurisdiction.
If legislation like these ones could encompass the whole world, certain powerful countries, corporations, individuals, etc would use it to ensure that only what was beneficial to them would be indexed, searchable and available.
What would the world look like if all volunteering stopped? Would society have reached the point it is today? Volunteer encompasses all kinds of areas, including software and research. It can be argued that some segments would be covered by for-profit organizations, but decisions in this area is often driven by the return on investment (ROI). This means that some solutions would likely be paid or not pass the potential ROI test. If it became paid, it would likely be a barriers of entries to a lot of people, leading to slower integration and growth of the platform, software, etc.
Printing a truckload of currency is often a byproduct of populism. Even without fiat currencies, governments would simply use other methods to debase the value of their coins [1]
The answer is yes and I always point to the Financial Crisis of 33 AD in Rome which was mainly caused by a mass issuance of unsecured loans by the Roman banking house.[1]
Some of the major reasons why financial recessions happen are: abnormal leveraging, liquidity mismatches, wars, taxes, subsidies, governance.
Fiat currency is one of the reasons society has had a lot more stability in the value of money in comparison to any other time in the past. Currencies tied to commodities such as gold, silver, etc have always been more volatile due to supply oscillation, business cycles and periodic bursts of 'pocket' recessions.
I think there is a fine line a lot of major companies have to go through to ensure they are not inadvertently doing fiscal fraud (and other types of fraud) while maximizing their main goal, which tends to be profit maximization. If the government punishes too hardly, individuals and corporations are more likely to shy away from that market due to increase in operations cost (E.g. More lawyers + accountants) and implicit risks. Customers would also move away from those products and services if the cost became too high.
Part of the governments job is to ensure that they react to potential loopholes faster, decreasing the competitive advantage that a non-conforming organization may have. A harsher punishment may even put some companies out of business, impacting unemployment rates, supply chains, medium-long term government revenue and the services they provide.
How would you go about increasing the punishment while considering the possibility that the corporation inadvertently did that? Would you punish larger companies more harshly? How would that impact the market place?
To achieve your goal, you will need to change the very fundamental fabric of humanity and the reality of resource scarcity. Here are some examples that can lead to war: economic gain,territorial gain, religion, nationalism, revenge, civil strife, defensive. Below are a few expressions of what it can look like:
* Actor A burned your crops -> Do nothing (appeasement)
* Actor B disrupted your servers causing economic losses -> Do nothing (appeasement)
* Actor C stole your technology and sold it to everyone by a fraction of your price -> Do nothing (appeasement)
* Actor D manipulated a group within your nation to cause internal conflict -> Do nothing (appeasement)
* Actor E invaded your land and claimed as their -> Do nothing (appeasement)
* Actor F used their position of power to gain concessions from you -> Do nothing (appeasement)
* Actor G defamed you, leading to society admonishing you and potentially imprisonment -> Do nothing (appeasement)
Each Actor can be seen as both individuals or nations that are in existence today. Every one has their own set of interests and rationale for acting in certain ways.
I would highly encourage you to read [1] to get a better sense of the potential available in the North. The arctic is estimated to have over 22% of the world's oil and gas reserve [2]. Around 10-12% of the world's population is dependent on fisheries and aquacultures for their livelihood [3], so naturally, as fisheries become depleted in other parts of the world [4], the value of Northern fish stock (especially wild caught) is likely to rise. Minerals are already extracted all around the northern territories, an increase in temperature is likely to make some regions/zones economically viable, just take a look at Europe and China's race towards Greenland's potential rare-metal stock [5]. As a trade route, it can be considered one of the safest and fastest route to connect the East of North America and Europe to Asian markets. Just to give you a sense of how much money circulates in Trade Routes, the Suez Canal in Egypt hit a record revenue of $5.5billion in 17-18 [6]. Even if the northern region only becomes viable for half of the year, it may still be worthwhile, just look at other industries (think Tourism) that are on the same boat.
Countries have gone to war for territory and resources for millennia, if Canada doesn't position itself well to protect it, someone else may come and try to take it away from you. This can happen via fisherman/oilers invading your territory, among many other ways. Always remember, if you are not willing to take the risks and investment is potentials, someone else is and when they strike gold, you may only be able to watch it.
Well-off parents will simply have more incentive to disown their child.
The overall goal of affirmative action is to allow smart children, regardless of background, to break through the socio-economic glass ceiling regardles of the parent's decisions and abilities.
Although it can be seeing as a noble action, it is to wonder whether too much incentive on one side distorts the market too much, forcing well-off parents to spend higher % of their income to compete with Affirmative Action, including in gray and not so gray areas.
To cover some of the points; the team behind the article had the pleasure of working alongside management and executives from large enterprises and governmental bodies to SMBs. The website serves as a medium to share some of the knowledge that our team has gained throughout our careers (supported by research from what some consider to be leaders in their respective markets) with the aim of helping individuals and organizations bring their very best to wherever place they work at.
I can appreciate the skepticism of some netizens, but I think it is worth noting that many of the tools, solutions and perspectives that are provided and advised in the website are either free to use or considered cream-of-the-crop in the market today. Some of the tools in one of the segments for today’s article are in-development because they are often provided free to use and involve personal development time outside the organization’s average daily schedule.
If you have questions, concerns or need support with anything, please reach out via linkedin.