Machines, Capital.

Two books have come up consistently in discussions lately:

The Second Machine Age - Brynjolfsson and McAfee - Washington Post Review.

Capital - Piketty - Bloomberg Article.

Probably not to be ignored by any serious amateur in economics and business looking at where we have been and where we are headed.

Intellectual Ventures - Longterm.

Little late, but read Bloomberg article about Intellectual Ventures. All thought provoking. Most of the criticism seems to come from large entrenched players. Wonder what the long play really is? What is in the mind of Nathan Myrvold?
[Probably same as wondering about Amazon, Google, IBM and so forth.]