Quantum Bayesian Networks

November 6, 2010

Google’s Advice: Do Not Invest in Quantum Computing

Filed under: Uncategorized — rrtucci @ 7:17 am

You are a rich individual or company with lots of money to invest. My advice: put your money into gold. Gold is an extremely safe investment. Always goes up in value. And it’s a very exciting investment too. Just think how storing gold in your safe will change the course of human history, generate interesting jobs and products, advance scientific understanding of our world, find cures for horrible diseases…

But if gold is not your cup of tea, maybe you should consider following the example of Google Ventures. Here is a list of the companies that Google Ventures currently invests in. Quantum computing has to do with computer programming, Bayesian networks, doing statistical analyses of very large data sets, etc. All these topics are Google specialties. And yet, Google Ventures has never invested in quantum computing, so why should you? Google’s advice to you is clear: do not invest in quantum computing.

And why should Google Ventures invest in something that isn’t too important, like quantum computing, when it can invest in stuff that is much more important to the future of physics, computer science, engineering, and the future of humanity itself, like SCVNGR, for example?

Seth Priebatsch, Founder of SCVNGR

The following recent article from CNN explains Google’s rationale for investing in SCVNGR, instead of investing in the less promising field of quantum computing:

The modern tech CEO: Barefoot and 21
By John D. Sutter, CNN
November 2, 2010 10:04 a.m. EDT | Filed under: Innovation

Some excerpts


Age 12: Outsourcing to India
By 12, Seth had gotten used to waking up at 3 a.m.
He started an online company called Giftopedia, a digital shopping list of sorts that automatically searched the internet for the world’s best prices and made purchases for its users.
The only problem: Seth didn’t really know how to write code for the site.
So, after searching the internet, reading up on outsourcing and talking with his parents, he hired workers in Russia and India to do the coding for him.

Age 19: Dropping out of Princeton
It’s a call most mothers would rather not get.
“My instinct honestly was to fall upon the ground and flail,” Suzanne Priebatsch, Seth’s mom, said of the Saturday afternoon when her son called to tell her he was dropping out of Princeton to start SCVNGR.
But then she listened to his pitch for the company. She was sold.
Seth is fond of saying SCVNGR is “a game layer on top of the world.

After Seth won an entrepreneur contest at Princeton, investors started calling him about SCVNGR. Peter Bell, from the firm Highland Capital Partners, which gave Seth $730,000 in December 2008, first noticed two things about the surprisingly mature 19-year-old who entered his office: He wasn’t wearing shoes and he sat on the back of the chair instead of in the seat.

“Seth — basically — he works, he jogs, he eats and sleeps,” Bell said in a phone interview. “He doesn’t do anything else.
You could argue that’s not healthy. But you get older and your kids have soccer games and you work with charities and those things make you a whole person. But there’s something to be said for just putting the blinders on and being able to focus.

He lives in his office — keeping a sleeping bag under his couch and sometimes staying at his parents’ house, down the street, as a backup.
He works seven days a week. Runs every morning. He doesn’t have any friends outside work and sees friendship in a light that he admits can seem “caustic” from the outside. But to him it’s just utilitarian.

But Priebatsch — whose business card says he is SCVNGR’s “chief ninja”

On his 21st birthday, December 14, 2009, Priebatsch got $4 million in funding from Google Ventures, one of the most notable start-up financing groups in Silicon Valley.

Okay. Let’s recap. He still plays with toy cars, but he denies it. He wears orange ski sunglasses over his head, at work. A top notch programmer: his first computer program was written for him by his coolies from India and Russia. On days when investors come to visit, he attends business meetings barefoot. He sits on the back of chairs instead of sitting on the flat part. He dropped out of college one year before getting his degree. He lives in his office or at his parents house (at 21). He works 7 days a week. Why would the CEO of a company with 60 employees, most of them programmers, need to keep those hours? Don’t know. He likes to be called “chief Ninja”, which leads me to believe that he still sleeps in his Ninja PJs.

And here is the SCVNGR web site
http://www.scvngr.com/
Their ad says:

Play SCVNGR! It’s a game all about going places, doing challenges and earning points.

Sounds like FourSquare, a game that doesn’t appeal to me.

According to the above CNN article, at 21, Seth is an ideal CEO of an ideal company. By comparison, Eric Schmidt, Chairman and CEO of Google, 55 years old according to Wikipedia, is only valuable to the owners of the Soylent Green corporation. Ditto for Steve Jobs (55) and Bill Gates (55). Eric Schmidt, Steve Jobs, and Bill Gates are so old, they are no longer capable of coming up with new ideas, not the way a 21-year-old can. Really new ideas like, for instance, copying vastly improving FourSquare.

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5 Comments »

  1. Ha! Ha! Ha!
    Very, very interesting Geoffrey Miller got it right, beside the disregard for resources overshoot and entropy decay (both energy entropy and complexity entropy) the silly monkeys are intrinsically unable to muster the determination to build up any kind of singularity.
    See this discussion about wire heading.

    Comment by Kevembuangga — November 6, 2010 @ 3:50 pm

  2. Kevem, the essay by Geoffrey Miller was an eye opener to me. I really enjoyed it. Thanks for pointing it out to me. I highly recommend it to anyone reading this.

    Comment by rrtucci — November 7, 2010 @ 5:51 pm

  3. Maybe we can create quantum Farmville?

    Comment by Matt — November 7, 2010 @ 9:29 pm

  4. You definitely did not call this one.

    Comment by Al — May 25, 2013 @ 2:35 am

  5. Al,
    Sigh, it was a pretty good prediction for a while

    Comment by rrtucci — May 25, 2013 @ 4:53 am


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