“The software layer between the company and their armies of contractors eliminates a huge amount of middle management, and creates a worrisome disconnect between jobs that will be automated, and jobs of increasing leverage and value.”
“What’s interesting is that I think there is a strong analog to timekeeping technology here for our own products and computational devices. Think about clock towers, and how monumental but singular they are. They are mainframes. From there, clocks moved into homebound objects, but you wouldn’t have one in every room; you might have one for the whole house, just like PCs in the 1980s. Then maybe more than one. Then, time-telling migrated to the pocket. Ultimately, a clock ended up on the wrist, so there is such a curious connection with what we wanted to do, and that was a connection we were really very aware of.”
“But I think what is interesting, as you were writing, is the wonderfully optimistic view that people are intrigued again. If we can help make some people realize that it’s cool to wear something on your wrist again, that’s a win for us and for every watch lover. Sometimes you’ll wear an Apple Watch for outright utility and other times you’ll wear something else for nostalgia and affection.”
“You can look at Apple Watch in terms of trade docs – what it does, etcetera – or you can look at what would be possible if you knew that you had this much technology with you at all times. Many of us have our phones with us all the time, but they aren’t connected to you. Imagine having something this powerful with you at all times, and what opportunities that might present to the user.”
“The greatest designer of our generation talks watches for the very first time.”
“what we are seeing here is the creation of a new internet, built upon protocols that allow for decentralized networks to form and tokens that allow people and companies to be compensated for that formation. And that cryptoassets are the fuel that power and compensate for that formation. And that purchasing these cryptoassets is very much a form of investing. And that this investing is the first time that anyone in the world, independent of wealth and domicile, can participate in venture capital style investing in the next big wave of technology.”
“Crypto-assets produce decentralized infrastructure.”
In computing, a Monte Carlo algorithm is a randomized algorithm whose output may be incorrect with a certain (typically small) probability. Two examples of such algorithms are Karger–Stein algorithm and Monte Carlo algorithm for minimum Feedback arc set.
The name refers to the grand casino in the Principality of Monaco at Monte Carlo, which is well-known around the world as an icon of gambling. The term “Monte Carlo” was first introduced in 1947 by Nicholas Metropolis.
The related class of Las Vegas algorithms are also randomized, but in a different way: they take an amount of time that varies randomly, but always produce the correct answer.
It is not possible for a Monte Carlo algorithm to be converted into a Las Vegas algorithm even if there exists a procedure to verify that the output produced by the algorithm is indeed correct. Even if a resulting Las Vegas algorithm were to repeatedly run the Monte Carlo algorithm there is still no guarantee that any of the runs produces an output that can be verified to be correct.
“Interfaces become queries. Data will be distributed across highly diverse interfaces, so sustainable apps need declarative contracts instead of custom data requests.”
“much of the current rhetoric around the blockchain hints at problems with the techno-utopian ideologies that surround digital activism, and points to the assumptions these projects fall into time and again.”