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Expand Your Mind: Failure, Wealth and Computers

by Miki Saxon

I have an eclectic selection for you today, with no unifying theme, but I have faith that you are all savvy enough to deal with it.

First is a different twist on a familiar subject. The idea that failure can be a good thing isn’t new, but Professor Baba Shiv, professor of marketing at Stanford Graduate School of Business, has a new twist that is valuable to companies and individuals alike. He identified two mindsets, one fearful of making mistakes and the other fearful of losing out on opportunities, and describes how to shift from the first to the second.

A fascinating article in The Atlantic looks at new research on the concerns of the really, really rich. Seems as if the worry about the same things as most of us—“their sense of isolation, their worries about work and love, and most of all, their fears for their children”—relatively speaking, of course.

Normally, no one wants to see anybody made obsolete by a computer, but does ‘normally’ include lawyers? Because that is what’s happening, at least when it comes to stuff like discovery.

Finally, I’ll leave you with some addictive fun. You probably saw or read about Watson, IBM’s most advanced artificial intelligence computer that won Jeopardy. Now, thanks to the New York Times, you have the chance to challenge a computer. One caveat, it’s addictive.

Enjoy!

Image credit:  MykReeve on flickr

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