Patrick Cox has lived deep inside the world of transformative technologies for over 25 years. In the 1980s, he worked in computer software development and manufacturing. By the mid-1990s, he worked as a consultant for Netscape — the company that handled 90% of all Internet browsing traffic at the time. InfoWorld and USA Today have featured Patrick's research numerous times. He's also appeared on Crossfire and Nightline. Patrick has been quoted by The Wall Street Journal and Reason magazine. His expertise brought him to Agora Financial, where he now heads Breakthrough Technology Alert, the only place you'll find the truly transformational technologies that offer exponential gains.
I've often referred to a theory of business cycles that was first described by the Austrian Joseph Schumpeter, but amplified by contemporary American Thomas Sowell. Both are brilliant economists who have described in mathematical detail how free markets produce the most wealth and well-being for society, including for those at ...read more
For years now, I've been telling my subscribers that Geron (NASDAQ: GERN) is not a serious player in the stem cell space. Financial and non-financial media, however, have inevitably treated the company as if it is the only really important stem cell company.
I've said repeatedly, in fact, that the company's ...read more
I flippantly refer to my colleague Ray Blanco as "Cosmic Ray" for several reasons. One reason is that he built his own Wilson cloud chamber when he was a child. Cloud chambers detect ionizing radiation of the type that arrives on Earth from cosmic sources. I used to take a ...read more
Emerging transformational technologies, as economist Joseph Schumpeter pointed out, do not advance the economy by consistent predictable increments. Rather, they disrupt and destroy, bankrupting entire industries by offering clearly superior alternatives.
Historically, however, these technological advances have rarely been recognized and welcomed when they first appeared. For the most part, they ...read more
Computer processing power, as you know, has been growing exponentially for decades. Our means of interacting with computers, however, have changed little since they first appeared, but that’s changing now and the manner in which it’s changing will both drastically improve how computers enhance our lives.
Computers still convey information to ...read more
The good news from the president’s State of the Union speech is that he recognized that our federal deficit is a bad thing. His proposed spending freeze, starting next year, is only a symbolic gesture, but it is important. It proves that the administration learned a lesson from the Massachusetts ...read more
President Obama exhorted Senate leaders just over a month ago to pass the health care bill. “We are on the precipice,” he declared, of health care change. At the time, I figured he’d simply misspoken. A precipice, after all, is a situation of great peril or the edge of a ...read more
Last week, new research from Edward Pinto, a former chief credit officer for Fannie Mae and a housing expert, began to penetrate the media fog. Pinto has documented that as far back as 1993, Fannie and Freddie were buying risky subprime and Alt-A loans, but routinely misrepresenting them as prime.
Let ...read more
What a fascinating week. The leaked e-mails and computer code from the University of East Anglia's Climatic Research Unit have become the greatest scientific scandal of our age. The head of the CRU has been forced to step down. Scientists who cooperated with the CRU in other locations, including the ...read more
The rate of technological change is accelerating.
Yes, I know. It’s been said before, but it bears repeating. The reason is that we tend to assume that progress will continue as an upward sloping straight line. It won't, in fact, it will be much more rapid - even exponential at times.
Think ...read more
