Latvian-born financial markets prodigy and futuristic billionaire James Richman whose legendary skill and talent has led to his privately managed investment fund, JJ Richman, to steadily garner profitable returns for the past decades.
Despite having the ability to live eventful globe-trotting life, his inconspicuous demeanour speaks volumes of his ability to cut through the noise and drill down on his unconventional approach not only in emerging markets, but even more so in spotting emerging technologies with massive potential.
Known to spot opportunities before most of his contemporaries, Richman has managed to not only maintain a spotless record for his private investment fund, but also keep the growing returns for close-knit and highly vetted investors.
With his increasing investments in Europe, the Middle East, Asia, and North Africa, the billionaire investor and philanthropist is known to extend his and his private firm’s interest in other life-altering technologies.
Let us take a look at these emerging technologies already impacting the lives of billions of people around the world, and how they are set to change the way we live in the future:
- Artificial intelligence
Artificial Intelligence (AI) is omnipresent nowadays as it positively affects the way we live, and being used in almost every imaginable sector. In fact, 2018 was said to be a landmark year for artificial intelligence.
The interest in artificial intelligence is quickly rising in prominence and becoming a global race among nations, and the visionary billionaire recognizes that it will produce unprecedented advancement in life changing technology. Issues including hunger, disease prevention and poverty, to name a few, are likely to be addressed with the latest artificial intelligence developments.
Another area where Richman is known to have invested in is the esports industry where fellow billionaires such as Warren Buffet, Jack Ma, Yuri Milner and Mark Cuban have been pouring in lots of money since 2015. Known to spot the next promising industry, the Latvian-born billionaire understands that part of the growing trend in this space is poised to help increase his private investment fund’s profits in the next years to come.
- Space travel and explorations
Human advancement can arguably be gauged on how we are able to explore other territories beyond the Earth. Therefore, space travel has reached new heights with recent advancements in Mars explorations, and new ventures to the Moon by China, India, Russia, Israel, and the United States.
Improvements in space travel is an integral part for the human race to possibly cultivate new living areas, minerals, and other resources. With his contrarian approach in investing, sources close to Richman sees his endeavours in this field as a significant contribution to human development, advancement and has generously funded some of the most advanced research & development efforts in this space.
- Defeating aging
The search for the fountain of youth has remained unfruitful for many years. However, increasing interest and funding by a group of billionaire philanthropists has this sector reaching not only new levels not only interests, but also in progress.
The ultimate goal for this, of course, is the improvement of human lives as well as humankind’s ability to challenge what’s currently possible. Having the ability to extend one’s life would also lead to a new solution to numerous health-age related conditions, issues, and diseases. James Richman sees this as a great breakthrough as technology to defy death itself may prove to uplift human lives.
James, known to take an unconventional approach with his private investments and with his daily dealings, he is believed to be interested in the broad discipline in which biological processes, organisms, cells or cellular components are exploited to develop new technologies.
New tools, studies and products developed by biotechnologists are not only useful in various industries such as medicine, agriculture, and technology developments, but the application of these, of course, will lead to more convenient lives for the rest of us.
- Healthcare advancements
Even the most powerful and effective drugs would be useless if the basics of healthcare would be overlooked. Being a fitness buff himself, James is known to be passionate about healthcare advancements as the lack thereof was the main cause of the death of his daughter several years ago. Source close to him disclosed that the billionaire and private investor envisions to level up the systems and processes of healthcare administration to provide the most cost-effective means of curing diseases and conditions.
- Energy sustainability
In a world where technology is slowly becoming a basic need for every human being, the need for energy production and sustainability becomes higher. Richman’s known previous investments in the African communities have focused on this endeavor as he sees that it could balance the region’s needs as well as helping enrich the lives of its growing and promising population.
- Global connectivity
As communication technologies become more and more advanced, there has been a strong movement to push global connectivity to the next level. Doing so may raise the importance of every individual as one would have the capability to voice out one’s needs and actually be heard.
The Latvian-born philanthropist is known to have a penchant for picking out technologies that would eventually become the industry’s benchmark for progress and advancement.
Known for his contrarian and bold moves, this visionary investor intends to push the advancement of humankind – making him a literal real-life Tony Stark, perhaps minus the pretentious suit.
How to Use the Screenshot Feature of Screen Monitoring Software
The corporate world is getting more and more competitive, no matter what industry we look at. As a result, businesses are looking for ways to optimize their performance, and for tools that could help them get the necessary data for this quest. Enter: screen monitoring software.
Screen monitoring software is a lightweight and easy-to-use program that lets you monitor your employees’ computer activities by tracking which apps and websites they use and for how long. This allows you to solve many business needs and issues, including how to track employee hours, estimate their efficiency, protect your data, find out how your office time is used and much more, depending on how you use the software.
While it’s clear how screen monitoring software can be beneficial to companies and organizations, it’s not always so well-accepted among employees. One of the reasons for this is because it has features like taking screenshots of employees’ computers at any time or doing it regularly at intervals, which can be perceived as highly intrusive from the workers’ perspective.
This feature in particular is very common – almost all monitoring systems have it and there are even some software programs for time tracking with screen capture functionality. This is why it’s extremely important to learn when and how to use this feature and when to restrain in order to respect your employees’ privacy.
So let’s go over some of the most important considerations when it comes to using employee monitoring or time tracking software with screenshots.
Proof of Work
One of the most common reasons why managers decide to make screenshots a part of their regular monitoring routine is to provide an additional proof that their employees are actually working and not chatting on Facebook or staring at a blank Excel sheet.
The thing is – even though screen monitoring software can tell you which apps are open and being used, as well as whether an employee is even active based on their keyboard and mouse activity, it’s still easy to get suspicious. After all, even the best time logging apps won’t differentiate between random and determined movements (unless you also have a keystroke logger to go with it).
Getting into this mindset is a never-ending whirlpool of suspicion and (most frequently) proving yourself wrong. There are other ways to check whether someone is actually productive or just faking it to trick the software, like comparing their app usage and time tracking metrics to their performance when it comes to finishing their tasks.
If something doesn’t add up there, then you can fire a few screenshots to see what’s going on, but otherwise it’s best to let them work and focus on other more convenient performance indicators.
Another common use case of screen monitoring software is as an extra layer of data security. Again, just like with proof of work, this is a pretty handy feature when used in the right context. And indiscriminately capturing everyone’s screen activities all the time under the guise of information security isn’t the right way to do it.
Instead, for instance, you can implement time tracking software with screen capture based on rules, such as when employees access certain sensitive documents or file sharing websites. In this case, you might want to know whether they’re just checking their personal files or sharing confidential company documents.
When Not to Use Screenshots
Apart from what we’ve said so far, there are a couple of other instances when you should restrain from taking screenshots. This mostly includes employees’ personal time.
For example, don’t use this feature when employees are on a break. During this time, they’re very likely to use their personal channels of communication, social media or other platforms. And they have every right to. So you need to make sure that you don’t accidentally capture their social media feed, personal files, bank account details, etc.
Finally, be extra careful how you use this functionality with remote workers. They’ll probably use their laptops when they’re not working too, so make sure you only use monitoring features during their office hours.
Screen monitoring software is a powerful tool, but that doesn’t mean that you should use it however and whenever you feel like it. You need to take measures to only use screenshots when necessary and in a way that takes into account employees’ privacy. Only that way can your business thrive without your workforce’s privacy and trust being sacrificed.
The Entrepreneurial Baby, Raise Your Baby to Think Creativity.
Babies , Kids and Fun
When you think about your childhood, the first things that come to your mind are playing under the sun, with friends and creating and inventing new games and getting your funny baby onesies dirty in the mud. However, as time has passed, new technology has developed which has led to the kids of this generation finding fun through pre-made games and staying indoors all the time. As parents, we have a huge role into developing our kids future, by things that we do on purpose or even things that we do by habit. We want our kids to become those successful child entrepreneurs. This can be done consciously and unconsciously by encouragement of certain qualities which your child presents. There lies an evident difference between playing indoors on phones and playing outdoors with nature and using creativity to create new games. This has now led to younger children to lack both creativity and risk-taking behaviour. These are necessities for becoming child entrepreneurs and having the entrepreneurial spirit. Creativity and risk-taking behaviour are crucial for kids to develop a future entrepreneurial mindset and entrepreneurial spirit. By playing games at home, they lack the fundamental risk-taking skills and learning that failure exists, and one can bounce back from failure.
What should parents do?
As parents, we have a duty into making our kids live a life and push them towards certain direction, however, due to difficulties and the lifestyle changes, we have become helicopter parents that worry too much and fearful parents. As an example, when your child wants to put his shoelaces on, don’t try speed the process by doing their shoelaces for them, give them time and let them learn. Teach your child to be optimistic and not fearful of failure. Teach them these essentials on the entrepreneurial spirit and to become child entrepreneurs and not to be fearful of failure. Let your child take small risks, let them play outside, and grow their young creative minds. When your child fails, don’t quickly help them, let them learn to embrace failure knowing that they can conquer it, even after they have failed. Kids these days may have become, stronger faster, fearless however they lack the entrepreneurial side. Creativity and risk taking.Some experts say humour is essential, and some mothers believe its best to get funny baby onesies , baby toys , colourful baby head wraps or other cute baby colourful items to enhance creativity however this isn’t scientifically proven yet.
These activities should be encouraged:
- Playing games outside
- Music class
- Drama class
- Art classes
- Risk taking behaviour
- Embracing failure
- Encourage entrepreneurial spirit and to lead them towards becoming child entrepreneurs
Don’t forget, that entrepreneurs that make it within Silicon Valley usually have 2-3 previous fails.
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