Michael Dubno (born August 23, 1962) is an American inventor, computer scientist, explorer, and video game developer.

Michael Dubno
Michael Dubno, Niorth Pole
Born (1962-08-23) August 23, 1962 (age 62)
NationalityAmerican
Occupation(s)Inventor, Computer scientist, Explorer, Video game developer

Early life and education

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Dubno was born in Brooklyn, New York. He is the younger brother of television news producer Daniel Dubno. His family moved to the Bronx where he attended the Bronx High School of Science.[1] In the 1970s, very few high schools and individuals had computers. Bronx Science had an IBM 1620 and an HP 2000E computer but no formal programming classes. Dubno taught himself how to program on the school computers, nearby Lehman College's IBM System/360 (until it was stolen in 1978),[2] and his own North Star Horizon computer.[3]

He attended Rensselaer Polytechnic Institute in 1981 and left in his freshman year.[4]

Dubno founded Megasoft in 1982 and released the video game Megalegs,[5][6] for Atari computers.

Starting in 1984, he designed and built a robot[3] that talked, moved, had a working arm, navigated using sonar, and had an infrared GPS-like location system.

He maintains a unique workshop in his Manhattan townhouse.[7][3]

Wall Street

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Goldman Sachs (1985–2005)

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Dubno was hired by Fischer Black at Goldman Sachs in 1985 and was referred to as "one of Fischer's grad students".[4] He was the first person hired in the front office specifically for his programming skills. In the firm's Equity division, he developed trading systems and utilities used throughout the firm.

SecDB

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In 1991, he moved from Goldman's J. Aron currency and commodity division. He started SecDB (Securities DataBase) in 1992[8][9] to handle storing the rapid growth of new, non-standard, non-listed options in the currencies and metals businesses (interestingly, none of these are "securities", but Dubno, coming from equities, didn't know that at the time). Each new type of option required new and different fields to describe them contractually and mathematically, and unlike SQL, SecDB was object oriented,[10] and designed for the task. SecServ, the underlying home-grown datastore was a cross between an immutable ledger (think blockchain) and an object store for rapid retrieval. SecServ was unique, at the time, because it supported replication around the globe (necessary for currency trading) and each local copy was a "master".[11]

SecDB was then applied to calculating risk on the old and new types of contracts. Kevin Lundeen and Glenn Gribble joined Dubno in 1993/1994 and together they created Slang (Securities LANGuage), an interpreted language to accelerate reporting and adding new objects. Slang is similar to today's Python programming language. As of 2017, Goldman supports over 15 to 40 million lines of Slang.[8]

Over time, SecDB and Slang were deployed in Goldman's other trading businesses (Equities and Fixed Income), becoming the primary risk system for the company. Goldman's operating culture around the application and use of the system helped "Goldman Sachs pioneer the tech-integrated trading business with the first roll-out of SecDB..."[12]

SecDB played an important role in protecting and potentially "saving Goldman Sachs"[13] due to the firm's substantially better risk handling before, and during, the Financial crisis of 2007–2008.[14][15] The Wall Street Journal wrote a brief article describing how SecDB works.[16]

Gary Cohn, former president of Goldman Sachs, referred to SecDB as "such a competitive advantage".[17] The system has also been referred to as "Goldman's most valuable software",[17] Goldman's secret sauce",[18] "most valuable trading weapon",[19] and "unmatched at rivals".[20]

Internet

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Dubno pioneered the use of the Internet[21] and led the creation of the GS Financial Workbench,[22] a firmwide integrated website for institutional clients.[23] The GS Financial Workbench was "one of the first sophisticated financial analysis websites."[23] The site was launched in 1995.

CTO & Partner

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Dubno became a managing director in 1999, a partner in 2001, and was promoted to Chief Technology Officer in 2002. He retired in 2005.[24][25]

Bank of America (2010–2015)

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In the wake of the 2007–2008 financial crisis, Bank of America acquired Merrill Lynch in 2009.[26] Neither firm was known for their integrated risk management platforms[27][28] and to rectify this shortfall, Dubno was hired in 2010 as the CIO of Global Markets Technology at Bank of America.[29][30][21] At the bank he finished the integration of Merrill Lynch and Bank of America, and launched Quartz, a system to replicate the success that Goldman Sachs had experienced with SecDB.[31][32]

In addition to his Global Markets and Investment Research Technology, he ran Global Markets Operations, Firmwide Risk Technology, and co-headed the Global Markets Quantitative Strategies group. Dubno retired from the bank at the end of 2014 after 5 years of service.[33]

Gadgetoff (2002-current)

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Along with his brother, Emmy Award-winning news producer and technologist Daniel Dubno, "In 2002, he co-founded Gadgetoff, an organization that brings leading innovators, inventors and entrepreneurs together in an annual event that combines fun with a serious discussion of business and the future."[34]

Gadgetoff's slogan "Bringing the smart and the useless together"[35][36] attracted presenters and attendees like TED Founder Richard Saul Wurman, Amazon founder Jeff Bezos, Inventor Dean Kamen, AI pioneer Marvin Minsky, DARPA head Tony Tether, iRobot founder Colin Angle, Longevity researcher Aubrey de Grey, Video game designer Will Wright, Architect and toy designer Chuck Hoberman.[37]

Popular Mechanics wrote about the "world's greatest screwball science fair".[3]

Inventions and art

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United States Patent US4722053[38] – (1987) With co-inventor Dan Dubno, "Food service ordering terminal with video game capability". The patent sparked global media interest[39][40] because the technology was new to the food service industry. The invention predicted the rise of interactive ordering kiosks at airports, on airplanes, and fast food restaurants.

United States Patent US2021/0058369[41] – (2020) With co-inventors Danny Hillis et al., a method of providing a "Secure Communications System".

Sand table[42][43] – "The sand table is a functional piece of art. It is a complex electromechanical mechanism within a coffee table that draws patterns in sand. A steel ball bearing sits on top of a pan filled with sand and is moved by a magnet hidden underneath. The magnet is driven along two axes by a gantry controlled by a computer with a web-based interface."[42] (2009)

Tentalux – an interactive animated chandelier with six whirling tentacles of directed light.[44] Each tentacle has a light as a "foot", and is independently controlled. Tentalux has a camera where the "mouth" would normally be, and it uses this to recognize and track objects. The fixture can be controlled through Alexa, Google Home, and a web interface. Positions and animations can be stored and replayed.[44][45]

Gyre – an animated mobile that uses 3 pairs of umbrellas moving up and down to indicate current and predicted precipitation. The Gyre was originally created for DarkSky, but now resides at Applied Inventions in Cambridge, MA.[46]

Board membership and government

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With David Siegel (computer scientist) he co-founded, and co-chairs NYC FIRST.[47] The organization focuses on STEM education and FIRST robotics programs in New York City. NYC FIRST owns and operates two dedicated STEM Centers. The Centers integrate formal, credit-bearing education with informal, unstructured learning, both during the school day and after school, to bring hands-on, sustained STEM education and FIRST robotics programs to schools and communities that do not typically get access to the advanced equipment and expert teaching resources that they need and deserve.[48]

  • Executive Advisory Board of FIRST.[49]
  • CSforAll Board Member[50] (2016–2022)
  • Cerebellum Capital Board Member.[34] (2009–2020)
  • Datapipe[51] Independent Board Member. Datapipe was a managed hosting provider which was acquired by Rackspace in 2017.
  • Tormach[52] Board member. Tormach is "a provider of compact CNC machines and tooling".[53] (2021–present)
  • Acting CTO for Senator Obama's presidential election campaign.[54][55] (2008)

Exploration

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North Pole

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Dubno helped lead the "World's youngest scientific expedition to the North Pole"[56] in 2018. The group carried Explorers Club flag #61.[56] The expedition used Camp Barneo as a base and conducted experiments including:

  • Water, snow, and ice sampling to test for microplastics.
  • Environmental and location data gathering. The data was given to NASA's Ice Bridge.

Masaya Volcano

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As part of a scientific expedition, Dubno descended to the caldera of the Masaya Volcano in Nicaragua in 2019. He conducted experiments including:

  • Thermal mapping drones.
  • SO2 sampling drone.
  • Extremophile sampling.

Challenger Deep, Mariana Trench

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He is the 18th[57] person to descend to the Challenger Deep, Mariana Trench on March 3, 2021. Pilot Victor Vescovo and Dubno explored the northern wall of the eastern pool.[58] They carried Explorers Club flag #61 on their mission. Together with his "exploration partner", Richard Garriott[58] (17th[57] person to the Deep), the two conducted experiments including:

Publications and awards

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  • British Horological Institute: Dubno and co-authors discovered evidence of a Lunar Calendar on the face of the Antikythera mechanism[61] (2020)
  • ASME "Mentor Extraordinaire"[62] (2005)

See also

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References

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  1. ^ "Bronx Science Hosts its First Hackathon". www.bxscience.edu. Retrieved 2021-06-24.
  2. ^ Enterprise, I. D. G. (1978-05-15). Computerworld. IDG Enterprise.
  3. ^ a b c d Eden, Scott (2014-12-02). "How Two Brothers Invented the World's Greatest Screwball Science Fair". Popular Mechanics. Retrieved 2021-06-20.
  4. ^ a b Mehrling, Perry; Brown, Aaron (2011-11-30). Fischer Black and the Revolutionary Idea of Finance. John Wiley & Sons. ISBN 978-1-118-28763-7.
  5. ^ "Atari 400 800 XL XE Megalegs : scans, dump, download, screenshots, ads, videos, catalog, instructions, roms". www.atarimania.com. Retrieved 2021-06-23.
  6. ^ Megalegs User Manual
  7. ^ "Inside the Fantastical Workshop of Inventor Michael Dubno". Wall Street Journal. 2016-09-07. ISSN 0099-9660. Retrieved 2021-07-14.
  8. ^ a b "The hidden weakness inside Goldman Sachs". eFinancialCareers. 2017-02-21. Retrieved 2021-06-28.
  9. ^ "Goldman Sachs | Commemorates 150 Year History - With SecDB, a Groundbreaking Risk Management Platform is Born". Goldman Sachs. Retrieved 2021-06-27.
  10. ^ "Understanding Institutional Quant Platforms". Beacon Platform Inc. 2015-06-30. Retrieved 2021-06-30.
  11. ^ Comstock, Courtney. "Former Goldmanite: "This Might Get Me Sued, But I'm Going To Lift The Veil On Goldman's Trading Technology"". Business Insider. Retrieved 2021-06-30.
  12. ^ "How to build a tech-integrated company, and why". www.linkedin.com. Retrieved 2021-06-27.
  13. ^ "Deutsche Bank's covert search for egomaniacs. College dropout saved Goldman Sachs". eFinancialCareers. 2016-09-07. Retrieved 2021-06-24.
  14. ^ "Goldman Sachs | In The News - The Financial Crisis, Letter to the Editor, the Financial Times by Lloyd Blankfein". Goldman Sachs. Retrieved 2021-06-28.
  15. ^ "The New Arsenal of Risk Management". Harvard Business Review. 2008-09-01. ISSN 0017-8012. Retrieved 2021-06-28.
  16. ^ Baer, Justin (2016-09-07). "Understanding SecDB: Goldman Sachs's Most Valued Trading Weapon". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-07-13.
  17. ^ a b Baer, Justin (2016-09-07). "Goldman Sachs Has Started Giving Away Its Most Valuable Software". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-04-01.
  18. ^ "Inside Goldman Sachs' secret sauce". eFinancialCareers. 2013-07-30. Retrieved 2021-06-27.
  19. ^ Baer, Justin (2016-09-07). "Understanding SecDB: Goldman Sachs's Most Valued Trading Weapon". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-06-27.
  20. ^ "On top of the world". The Economist. 2006-04-27. ISSN 0013-0613. Retrieved 2021-06-23.
  21. ^ a b "Former Goldman CTO Dubno to Join BofA". Banktech.com. Retrieved 2021-04-01.
  22. ^ Hightower, Satta Sarmah. "Thrivent BrandVoice: 5 Ways To Teach Kids The Financial Values They'll Need". Forbes. Retrieved 2021-07-13.
  23. ^ a b "Goldman Sachs | Commemorates 150 Year History - GS Financial WorkbenchSM Breaks New Ground in Firm's Digital Offerings to Clients". Goldman Sachs. Retrieved 2021-07-14.
  24. ^ "BofA Hires Former Goldman Tech Guru". Forbes. Retrieved 2021-05-09.
  25. ^ "Goldman Sachs technologists are gathering at Deutsche Bank". eFinancialCareers. 2016-09-13. Retrieved 2021-06-26.
  26. ^ Fernando, Jason. "What Is Merrill Lynch & Co.?". Investopedia. Retrieved 2021-07-13.
  27. ^ "Merrill Lynch: What Went Wrong with Risk Management in 2008 | Sample Homework". www.urgenthomework.com. Retrieved 2021-07-13.
  28. ^ Maxfield, John (2015-06-28). "A Brief History of Bank of America in Crisis". The Motley Fool. Retrieved 2021-07-13.
  29. ^ "Former tech guru at Goldman signs on with Bank of America". InvestmentNews. 2010-02-18. Retrieved 2021-04-01.
  30. ^ "BofA hires former Goldman CTO Dubno". Finextra Research. 2010-01-15. Retrieved 2021-04-01.
  31. ^ Grant, James. "Technology at Bank of America Merrill Lynch: become part of the Quartz community". Weavee. Retrieved 2021-06-28.
  32. ^ "The $bn struggle to replicate Goldman Sachs' special powers". eFinancialCareers. 2017-03-07. Retrieved 2021-06-28.
  33. ^ "An Interview with a Wall Street Technology Legend | NYU Tandon School of Engineering". engineering.nyu.edu. Retrieved 2021-07-19.
  34. ^ a b "Former Goldman CTO Dubno to Join BofA". Bank Systems & Technology. Retrieved 2021-07-12.
  35. ^ "Gadgetoff - Home". gadgetoff.com. Retrieved 2021-07-21.
  36. ^ Paumgarten, Nick. "Smart, Useless". The New Yorker. Retrieved 2021-04-01.
  37. ^ Upbin, Bruce. "Radical Ideas". Forbes. Retrieved 2021-06-23.
  38. ^ US 4722053, Dubno, Michael & Dubno, Daniel, "Food service ordering terminal with video game capability", issued 1982-12-29 
  39. ^ Jones, Stacy V. (1988-01-30). "Patents; A Computer System for Restaurants". The New York Times. ISSN 0362-4331. Retrieved 2021-06-22.
  40. ^ "Daily News from New York, New York on February 15, 1988 · 15". Newspapers.com. Retrieved 2021-06-24.
  41. ^ US 2021058369, Hillis, W. Daniel; Douglas, David C. & Kolehmainen, Mathias et al., "Secure communication system", published 2021-02-25, assigned to Applied Invention LLC 
  42. ^ a b "New York City Sand Table project | Make". Make: DIY Projects and Ideas for Makers. 2009-08-10. Retrieved 2021-06-22.
  43. ^ "Computer Science for Fun – cs4fn: Lines in the sand". www.cs4fn.org. Retrieved 2021-06-22.
  44. ^ a b Dubno, Dan (2017-08-02). "How to Make a Interactive Motorized Chandelier". Popular Mechanics. Retrieved 2021-06-22.
  45. ^ "Atelier Automatik Tentalux". atelier-automatik.com. Retrieved 2021-07-21.
  46. ^ "Atelier Automatik Umbrella Gyre". atelier-automatik.com. Retrieved 2021-06-22.
  47. ^ "Board". www.nycfirst.org. Retrieved 2021-06-20.
  48. ^ "NYC FIRST". www.nycfirst.org. Retrieved 2021-07-15.
  49. ^ "FIRST 2017 Annual Impact Report" (PDF).
  50. ^ "CSforALL Board". CSforALL. Retrieved 2021-06-24.
  51. ^ EquityNet. "Datapipe". EquityNet. Retrieved 2021-06-24.
  52. ^ "Tormach – Affordable CNC Machines, Tooling, & Accessories | Tormach". tormach.com. Retrieved 2021-06-24.
  53. ^ "Our Story | Tormach". tormach.com. Retrieved 2021-07-19.
  54. ^ "Leadership". FIRST. 2018-06-20. Retrieved 2021-04-01.
  55. ^ SciTech Now | SciTech Now 320 | Season 3 | Episode 320, retrieved 2021-04-01
  56. ^ a b Explorers, North Pole Young (2018-04-06). "WORLD'S YOUNGEST SCIENTIFIC EXPEDITION VENTURES TO THE NORTH POLE". GlobeNewswire News Room. Retrieved 2021-06-22.
  57. ^ a b "List of people who descended to Challenger Deep", Wikipedia, 2021-06-15, retrieved 2021-06-27
  58. ^ a b Dubno, Michael (2021-03-30). "Caladan Oceanic Press Release: Challenger Deep 2021" (PDF). Caladan Oceanic. Retrieved 2021-06-27.
  59. ^ Geocaching. "Geocaching - The Official Global GPS Cache Hunt Site". www.geocaching.com. Retrieved 2021-06-23.
  60. ^ a b c d "Astronaut-explorer Richard Garriott sets records on dive to deepest point on Earth (Q&A from sea) | collectSPACE". collectSPACE.com. Retrieved 2021-07-14.
  61. ^ "Antikythera Mechanism". British Horological Institute.
  62. ^ Hillenbrand, Gerald (April 2005). "Engineers Week 2005" (PDF). New York City Metropolitan Section News. Vol. 58. ASME. Retrieved January 28, 2023.