The Death of Bank Products is being greatly under-exaggerated

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Bank branches are ceasing to be the most important channel in banking. They are being replaced by far more efficient mechanisms for revenue generation and relationships. The discussion is increasingly resorting to a sort of desperate plea — “but branches aren’t going to die completely, are they?” No one is saying branches will grow.

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This bed automatically makes itself

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The OHEA smart bed automatically makes itself three seconds after you get up. In all but 50 seconds, it straightens your pillow and duvet. The company is selling its own bedding to work with the bed, so you won’t be able to use your own. However, it’s just a prototype, and it’s not currently for sale.

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RMIT University researchers say self-cleaning clothes are on the way

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Thanks to pioneering nanotechnology research being developed by RMIT University researchers, people could soon be able to replace their washing machines with a little bit of sunshine. The researchers have been working on self-cleaning textiles by growing nanostructures on textiles. When exposed to light, they release a burst of energy that then degrades organic matter.

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The Internet of Things is becoming a surveillance nightmare

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Security guru Bruce Schneier said, “Surveillance is the business model of the Internet. We build systems that spy on people in exchange for services. Corporations call it marketing.” The nature of these services tends to obscure our true relationship to companies like Facebook or Google. As the saying goes, if you don’t pay for a product, you are the product.

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Study finds Immigrants are driving billion-dollar startups

tesla

They’re creating an average of 760 U.S. jobs each, the study finds. Space X’s Elon Musk, Zenefits’ Laks Srini, Uber’s Garrett Camp, and Palentir’s Peter Thiel are all founders of billion-dollar startups and they’re also all immigrants.

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The Exodus from Silicon Valley

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Over the past few years, there has been a sort of entrepreneurial utopia bloom in Silicon Valley. Young kids with big ideas moved to the Bay Area, where zealous venture capitalists were anxious to fund the next Facebook or the next Uber. However, there’s been trouble in paradise recently. Mega-rounds have declined, and companies have started laying off employees.

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Estonian startup helps people get tech jobs around the world

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Estonian startup, Jobbatical, helps travel enthusiasts get technology jobs around the world. Over $2 million has been raised in a funding round which involved LocalGlobe and Union Square Venture.

NOTE:  For those looking to enter the programming world and get tech jobs around the world through Jobbatical, check out the code school courses at DaVinci Coders.

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Ex-Google coder makes twice as much freelancing

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James Knight, a 27-year-old coder, recently made an unorthodox career move: quitting a well-paid job writing software for Google to go freelance. No more gold-plated benefits, catered lunches or million-dollar views from the search giant’s Manhattan office. But why?

NOTE:  If you’re interested in entering the freelance coding world, check out the exciting new courses DaVinci Coders has to offer.

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Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
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