I was meeting a friend of mine from college days who is currently working as a software engineer. Someone asked him if you go back in time, would you go to the same college? He said no, I would’ve became a petroleum engineer. They make a lot of money.
The economist published the following chart highlighting the top 10 companies by market cap in 2006 vs 2016.
In just 10 years, the top 10 companies in the world shifted from being dominated by oil companies, to tech companies.
I think back in time when oil was discovered it wasn’t easy to jump on the ship, walk up the ladder, and start a big company. You rarely hear of the founders of BP, or Shell. Most of these came out of governments, sometimes out of wars, and a lot of times accompanied with lobbying or even corruption to get the business done. The opportunity was there for a lucky few.
It is not only that “software is eating the world”. Software is giving an equal opportunity for everyone to build something people want, & make a lot of money. You get to move without anyone’s permission, and the innovation is everywhere. No need to dig to find it.
I saw this Ad on LinkedIn. The biggest supermarket chain in the Netherlands is running a competition for the best startup with a product that’s sellable in the supermarket.
The winner will recieve 250K euros to further develop their product, and one year of shelf space at Albert Heijn.
There is a bias in the entrepreneurial scene towards tech. This bias is mainly because tech people are very vocal on the internet which gives them reach and scale. And because it costs way less money to start a tech company than to build, produce, distribute, market and sell a physical product.
I think this is a great idea. It will draw the attention to a breed of entrepreneurs not likely to be talked about. It will introduce new innovative products to the market. And it will help these entrepreneurs get feedback, and maybe capital for their ideas. It is a win-win for everyone.
Let’s see what we will get. If you are interested in the details here is the link.
I happened to be on a slow connection wanting to watch the current Snapchat and Instagram stories.
Snapchat won’t let you open someone’s snaps before the app loads a few of them to avoid interruptions. Instagram will open the first story after loading the initial frame which sometimes open to you a frozen, waiting to load story.
Snapchat will start loading the rest of the snaps of the account while you are watching the first few. I think also Instagram does this. One key difference is that Snapchat won’t play a snap before it is fully loaded. Instagram does this like YouTube videos, the video loads while you are watching it (buffering).
The problem with the Instagram way sometimes things freeze on the slow connection forcing you to close the story and reopen it. When you reopen it, Instagram considers you already watched the story you were loading and skips to the next one.
This won’t happen on Snapchat because the snap won’t start playing before it is fully loaded. So even if Snapchat couldn’t buffer and you had to reopen the story, it will play the last one which you still didn’t watch. Unlike Instagram.
These small differences make me like the Snapchat experience more. I don’t have to take any further steps to ensure I watched the whole thing.
The developed world take some things for granted like a minimum connection speed. This is something I realized when I started working in Europe. Even when you simulate or run slow connection tests, most of the times you can’t get to a TE Data slow connection.
I am testing a new social app (under NDA) and I am in a group of PMs working for different companies, someone asked this interesting question
What according to you are errors that kill data driven decisions?
What I learned in the past year since I stepped into real product management at booking.com is that there are two main errors that kill data driven decisions.
Opinion is the opposite of data.
The problem with opinions is that sometimes it is hard to suppress your own opinion because you want to do something so badly so you either decide to ignore the data, or try to find data that supports your opinion (I call this data driven confirmation bias).
It gets more problematic when the opinions come from someone higher up in the hierarchy (Your manager). You get into the dilemma of: Is she more experienced so probably she knows better? Will she not like it if I didn’t follow what she said?
Fortunately I saw this very few times and it never happened with me. Be careful with opinions.
Is the effect real?
We use data to validate our hypothesis. The question becomes: Is the effect of the change I am seeing through the data statistically significant and I can base a decision on? Or it is a random effect?
There will always be the probability of identifying unreal effect as statistically significant (false positive), however not questioning the significance you are seeing through the data might drive you to misleadingly taking decisions based on effects that aren’t real. Which eventually kill the data driven decisions.
I wish there was a mode of Coursera where I can watch videos of courses the way I watch a YouTube playlist.
I am interested in many topics but my commitment to them is different from one to another. Some I am willing to pay to get the verified certificate, others a non verified free certificate is enough, while some I am casually interested to the extent I just want to go through the videos or some of them.
I just want to get a glimpse about the topic or extend my knowledge the way I follow a science channel on YouTube. No enrollment, no dates, no commitment, no strings attached.
Sometimes the enrollment button feels like a commitment, even if it is a casual enrollment. It will still show up on your history that you signed up for this course and didn’t finish it.
I think Khan academy does this greatly. You don’t have to sign up to start watching the courses. I hope Coursera and EDX do the same.
I believe the best gift to someone is something that liberates them from the darkness of ignorance. Knowledge gives people the freedom to think and decide. It opens up new possibilities that weren’t open before.
One of the best sources of knowledge, and education is coursera. It still fascinates me that few years ago Harvard was just a university one doesn’t even know where it is. Now you can access their lectures mostly for free, and pay a little to verify your identity that you took the course.
The only problem with this is that still you can’t but a coursera gift card for someone. I found that my sister is using coursera and I wanted to give her a gift card she can use on the website to access the premium courses. I couldn’t.
I wrote before about designing for creepiness, which is this simple idea that companies should inform users about why something is recommended to avoid freaking them out on how the service got to this info.
Recently in multiple conversations with people, it came to my attention that many are surprised by how Facebook recommended this person whom they only met once with nothing common.
For those who don’t know how it works, it is very simple. Facebook matches information from multiple sources to identify a person to recommend, then the software ranks those people based on a specific criteria that’s only known to those inside Facebook, and decides which accounts to display.
So, here is a list of possible ways by which Facebook recommends friends (I don’t know which ones they actually use):
If you give Facebook access to your email contacts, it will match those emails with Facebook accounts and starts recommending users using Facebook with the same email in your contacts list.
If someone has just joined the network and started to get a lot of friends who are mutual with you, Facebook will assume you also know this person and will recommend him/her for you.
If someone is using the same computer to login to Facebook, Facebook might recommend friends of that user to you on the basis they might be mutual. (If you use multiple accounts on the same computer you will notice this).
Facebook owns WhatsApp, for WhatsApp to work it needs access to your phone contacts, and it uploads them to the servers. If Facebook knows that I have your phone number on my phone it can start recommending you to me and visa-versa.
If you and I meet in the same location everyday from 9-5 (Facebook knows that from our phone location, or the network we use to login to our accounts like work network). If one of us lists on their account where they work (Or even without that), it will consider us working at the same place and start recommending us to each other along with other work mates.
If we both attended the same event (Visited the event page, said attending or maybe..etc) then our GPS locations confirmed our location at the time of the event, it might start recommending us to each other.
If we are in a group picture with mutual friends, it will definitely recommend us to each other.
This one is interesting: If you stalk someone by visiting their profile, Facebook can start recommending you to this person.
If two friends have your number/email, one of them is your friend, Facebook will recommend the other one as your friend.
This is what I got on top of my mind, what other ways Facebook might be matching information to recommend you friends?
It has been on my list for long but I finally decided to audit all my accounts, & passwords. The longer we are on the internet, the more we start not paying attention to security, and the more vulnerable we become.
The key triggers that drove me to pay attention to this were a security session I attended at work where the speaker told us about how a hacker hacked a wired editor’s apple account, remotely wiped his phone, ipad, and macbook, then deleted his Gmail with all backed up photos and emails, all of this to steal his 3 letters twitter account! While this wasn’t a normal hack, it was engineered by exploiting the friendliness of customer support agents at Apple and Amazon. You should read the story.
The second trigger was these two videos I watched on Computerphile where they explained how computers got really fast that they can now crack 8 characters passwords very easily & what you should do to protect your accounts.
Here are the things you should do to make sure your passwords are secure:
Never recycle passwords. It takes hackers hacking one website to get access to your accounts on all other websites. You don’t want this to happen so make sure you have a different password for every website.
It is very hard to memorize a password for every website, so use a password manager to store all these passwords, and have it generate a random password for each website. This way you can have a single strong password that you need to memorize while offloading the rest of the work to the password manager.
Password managers simply encrypt all the passwords you store on their website where they can’t decrypt it unless you enter the master password. This way even if a password manager got hacked the hackers won’t be able to know the passwords you stored without knowing your master password (Not exactly like this but let’s not get into the technicalities).
Make a list of all the accounts you have, and go change the password for each of them with a new randomly generated password. Store the new passwords in the password manager and if you store passwords in your browser (Chrome/Firefox) make sure to delete them or not store the new password there.
NEVER exchange passwords electronically, NEVER give your master password to anyone or store it anywhere except your head.
One might say, who cares about me? I am no one to hack. This is true, but you will be surprised at how many websites you have your credit cards, Photos, and Personal info into. Should I only secure those? NO, because hackers collect different pieces of information from different websites to hack other websites. If one account gets hacked, they can use the info there to hack other websites.
Nothing will make you a 100% secure. And I am sure I forgot some accounts that I didn’t secure. Yet before you let go remember that security is like unsafe sex, it takes one mistake to regret for the rest of your life.
A month ago I got my new wheelchair. It is a personally fitted TiLITE AERO T. It is my first time to have such a personalized chair that’s not an off the shelf one.
I won’t discuss here pros and cons of custom made wheelchairs, however what was amusing was the fact that you need to get an appointment with someone from the dealership who will take your measurements, then you have to wait for 6 weeks until you receive the chair because it is hand made in US, and you pay tons of money. The starting price is $2500 and with every option you can reach $5000 easily. You can get part or all of it if you are insured, if not you will pay a hefty sum.
I don’t know what’s the cost structure of making one of these, but I bet most of the cost is in the labor to build it. After all, aluminum isn’t that expensive, and most of the other parts – such as the wheels & paint – are from other manufacturers.
My doctor recommended that I should get custom made shoes that take the shape of my feet to better support them. I made an appointment with the shoemaker, they made a cast on my foot and quickly removed it before it gets dry and solid. Then few weeks later they came with some basic plastic models to ensure they fit. Then after some iterations back and forth, I have to wait another 6 weeks before the shoes are ready.
Both cases of the wheelchair and the shoes made perfect sense for 3D printers, & scanners. I think it is inevitable the next generations of wheelchair frames will be 3D printed. After all their sizes isn’t that big & they are constructed of one material, either aluminum or carbon fiber. The labor and time needed to make one chair will go significantly down, and it will make it way more possible for people in other countries to afford one. After all, if I weren’t living in Europe I wouldn’t be able to afford one. This costs almost a year of a software engineer’s salary in Egypt.
The case will be similar for the shoes, getting the right shape & dimensions will no longer require a cast and few weeks of preparations for one iteration. Imagine putting your foot inside a 3D scanner attached to a printer that would print exactly the shape of your shoe. Then the shoemaker can use that model to build the final product (Shoes are more complex because multiple types of materials are involved).
I wished I had the ability & willingness to build one, because I can see the opportunity, and potential for such a thing.