Machine money and people money – O’Reilly Media

Keynes was right. The world he imagined, where “the economic problem” is solved is, in fact, still before us. Global poverty has sunk to all time lows, and, if only we play our cards right, we could still enter the world Keynes envisioned.

Source: Machine money and people money – O’Reilly Media

Wolf signs bill allowing Uber, Lyft to operate in Philly

“I have supported the legalization of ride-sharing companies like Uber and Lyft in Philadelphia and throughout Pennsylvania, and I believe we should be finding ways to help these companies grow across the commonwealth,” said [Governor Tom] Wolf, who signed the bill late Wednesday.

Under the measure, ride-sharing services would pay 1 percent of their gross receipts from fares that originate in the city to the Philadelphia Parking Authority, which oversees taxi and limousine services in the city. The cash-strapped School District would get about two-thirds of that money, and the PPA would keep the rest. It is still uncertain how much money would be generated.

Source: Wolf signs bill allowing Uber, Lyft to operate in Philly

Kevin Durant puts money and celebrity In Postmates delivery service – Chicago Tribune

Durant’s interest in Postmates dates back about two years, when Kleiman turned him on to it. The service operates in 21 of the 28 cities with NBA teams, and Durant began using it to order food when he was in Oklahoma City or on the road.

Source: Kevin Durant puts money and celebrity In Postmates delivery service – Chicago Tribune

Eat, Pay, Love | The Verge

Mitch’s Take: Look, I served on the founding board of Match.com, so I am not a prude when it comes to how people should connect. The latest trends in dating — these paid-to-date services — as well as in the amateurization of pornography, are leading women to treat their bodies as a commodity. In this story, we hear women, primarily, struggling with the lack of intimacy expected before sex, as they rationalize using an app that is designed primarily to facilitate prostitution. That is unfortunate.

At Match.com, one of our early insights was the need to allow women to connect with other women for free (not allowed on ohlala, the app at the center of this story), so that they could protect themselves from creepy men. These apps don’t proviede that transparency. That’s dangerous.

Do I think it’s a good idea to make sex a commodity in the local, on-demand economy? Not my decision for everyone, but I wouldn’t wish it on my children, nor yours.

But the idea of paid dating is hardly new. And if it is, it’s just as new as the idea of dating itself. In her book Labor of Love: The Invention of Dating, Moira Weigel explains how dating as we know it today rose up around the turn of the century as a working class practicality — a way for urban singles living in cramped family apartments and boarding houses to get out and spend their wages while enjoying a little romance.

Source: Eat, Pay, Love | The Verge

Michael Pao, Jon Perlow team up for new stealth startup – Business Insider

“There’s never been a better time to start specifically a marketplace,” Pao said. “Great companies get started at any time regardless of the macrocycle.”

Source: Michael Pao, Jon Perlow team up for new stealth startup – Business Insider

Snapchat Branded Geofilters Get a Boost From Startup Yext | Digital – AdAge

Mitch’s Take: Another week, another channel SMBs can use to engage mobile consumers. Pokemon Go is the herald of Augmented Reality marketing.

Advertisers can already pay the social-media service to have branded geofilters — a type of graphical overlay people can use to decorate photos or videos they’re sharing — to show up in the app in specific locations. To run these campaigns, companies have had to manually provide Snapchat with the exact geographical details of where they want the filters to appear and the dimensions of each space.Yext, whose software helps businesses manage digital location data, has been working with Snapchat to make that process easier. The New York-based startup on Thursday is unveiling a new feature that lets clients give Snapchat all that information with a few taps.

Source: Snapchat Branded Geofilters Get a Boost From Startup Yext | Digital – AdAge

VC funding bounces back in Q2 as Uber and Snapchat net $5.3 billion – Computer Business Review

In total, from April to June, venture capitalists invested $15.3 billion in 961 deals, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA).Uber raised $3.5 billion while Snapchat raised $1.8 billion, accounting for nearly a third of total investments.

Source: VC funding bounces back in Q2 as Uber and Snapchat net $5.3 billion – Computer Business Review

Americans are unaware of controversy surrounding on-demand services despite using them regularly | The Daily Dot

While 72 percent of people have used an on-demand service, that leaves 28 percent of people have never stepped foot in a rideshare vehicle or stayed in a shared home. That figure is indicative of a larger trend that sees many people still unfamiliar with much of the information surrounding the economy created by these new platforms.

30 percent of Americans surveyed had never heard of Uber or Lyft while half were entirely unaware of home-sharing sites like Airbnb. Nearly three-fourths of those polled were unfamiliar with the term “sharing economy,” and nearly nine in ten people had not heard of the “gig economy.” The term “crowdfunding” garnered the most familiarity, but still saw a vast majority—61 percent—who were unaware of it.

Source: Americans are unaware of controversy surrounding on-demand services despite using them regularly | The Daily Dot

App meets growing need for on-demand healthcare for Houston-area kids – CultureMap Houston

From allergic reactions to the need for stitches, PediaQ provides full medical care to children, including onsite testing, lab work, and prescription pickup. Using the app, parents can book an appointment and a nurse practitioner arrives within an hour. Most nurse practitioners have at least five to 10 years of experience, and they have to complete training with PediaQ prior to service. Their credentials, as well as reviews, are available in the app.

These nurse practitioners treat everything from flu and cold to pink eye. PediaQ accepts most insurance carriers; consumers pay their usual co-pay plus a $25 convenience fee.

Source: App meets growing need for on-demand healthcare for Houston-area kids – CultureMap Houston

Circular economy in emerging markets: an introduction – Circulate

The International Federation of Robotics, an industry group, estimates that China will account for more than a third of all industrial robots installed worldwide by 2018 and Foxconn, perhaps the world’s largest electronic manufacturer, has recently displaced 60,000 workers. Second, the very forces which have brought this dislocation have begun to disrupt services, just as they have done in the OECD economies. Therefore, in the face of an ICT revolution only just gaining its maturity, the services are not a safe haven for employment. Today’s shiny outsourcing and call centre office blocks in Bangalore may be tomorrow’s follies, a monument to the glory of a passing fashion.

Source: Circular economy in emerging markets: an introduction – Circulate