"Big data will lead to big control," opines one reader in today's mailbag. "Big data will miss the new revolution," claims another. New revolution?
"I think that the really smart people will go alternative and not be reached by the tax systems of the psychopath managed banks and governments."
"Local community development of energy and food is not connected to the grid/system. That is the new paradigm."
We don't disagree.
"Parasitic sucking of wealth by sitting around and playing with computer algorithms and 'big data' is not the key to get rich quick schemes in the future."
We don't disagree with you there either, because, as we've said before, Big Data isn't a "get rich quick scheme" for "the near future." Hence the reason we've dubbed a few carefully-researched investments in Big Data as the "tech trade of the decade."
Nor are we fans of high-frequency trading, if that's what's being implied.
We're talking about bandwidth "pipelines" and wireless communications for the next decade and beyond, not investment ideas for the near-future. Though there are the occasional exceptions.
Big data is a no-brainer: nearly every technology we cover in these pages, from genetic sequencing machines to power grids, all relies on Big Data. Even those local communities rely on some of the same infrastructure, like it or not.
If you doubt that Internet bandwidth is the digital oxygen to the U.S. wealth machine, consider this:
The world famous Boston Consulting Group asked Americans if they would give up the Internet for a year. Can you guess what they said?
…83% said they would rather give up fast food… …73% said they would rather give up alcohol… …and 77% say they would give up chocolate. Others even said they would rather give up coffee, sex or showers for a year…
All before giving up access to the Internet.
That reminds me, did you happen to experience a slow Internet connection last week? I know I did. I actually surprised myself with how angry it made me.
And guess what? Last week's "lag" wasn't an isolated event.
Auction site eBay, for example, was down for most the day. More serious was password manager LastPass which was disrupted, leaving customers locked out of their accounts. So, what exactly happened?
Today's guest, Luke McGrath usually covers that "new revolution" our reader mentioned before.
In the past, he's given readers tips on things like how to make yourself invisible to the NSA, use alternative currencies to escape overbearing taxation, or grow your own organic food, dirt-cheap.
But today, Luke tells you why the Internet slowed down for millions of people last week, the likelihood of it happening again, and most importantly, one solution that could keep such a bandwidth problem at bay for many years to come. Read on…
Best,
Josh Grasmick
Managing Editor, Tomorrow in Review
Poster Comment:
It is nearly impossible to make oneself invisible to the NSA. Best way to do it is to keep off cell phones and only post on websites that cannot be traced back to you personally. As I said, nearly impossible. ;)