Tag Archive | "world"

Tim Draper: These Guys Transformed the World and We Should Thank Them

Legendary investor and political activist Tim Draper says that instead of getting on the case of Elon Musk, we should be thanking him and other transformational entrepreneurs such as Steve Jobs and Travis Kalanick.

Draper also suggests that Elon Musk probably should have just taken Tesla private in order to avoid the myriad of rules and regulations imposed on public companies.

Venture capitalist Tim Draper was interviewed at the Web Summit in Lisbon, Portugal by CNBC:

These Guys Transformed the World, We Should Thank Them

Every time I pull out my iPhone I think thank you, Steve Jobs, this is awesome. Every time I hit the Uber key, I think thank you, Travis, that is so cool. Every time I get in my Tesla I think thank you Elon. These guys have really transformed the world and we should just thank them everywhere we go. And if they are having trouble supporting them. What can we do to help? How can we support you? How can we make you happier? We want to make you happier, look what you have done for us! It’s so cool!

He Probably Should Have Just Taken the Whole Thing Private

Every human in the world has made a mistake. There are so many laws that you have to follow if you are a public company he probably should have just taken the whole thing private. When you are a public company you’ve got to follow so many rules. If you step one little piece out of line you guys in the press are like… oh my gosh, our hero has done something wrong. I think we have got to say, hey look, he’s a human being, he’s doing the best he can. He’s running two amazing huge multi-billion dollar companies that he started. Well, he started one and jumped in very early and saved the other. This guy is awesome, let’s do what we can to support him.

All of Us Should Really Focus on Making SpaceX Successful

I invest in early-stage startups and then I will ride them as long as I feel it’s the right thing to do. Have you driven a Tesla, it’s so much better than any other car out there. And SpaceX, all of us should really focus on making SpaceX successful. If Tesla doesn’t save this earth, he will at least get some of us off the earth so that we can move our species somewhere else. Elon was amazing… we are all going to Mars. People looked at him and said, oh he’s crazy.

But then all of the best engineers in the world said, how would we get there? Then they thought, how would we have human life succeed there? And then, how can we get there faster? All those questions happen with an engineer and so Elon gets the best rocket scientists in the world working for his company and so, of course, it becomes a big success. He’s going to get us closer and closer to Mars and maybe to Alpha Centauri and other places.

About Tim Draper

Tim Draper helps entrepreneurs change the world. Tim Draper helps entrepreneurs drive their visions through funding, education, media, and government reform. He has founded thirty Draper venture funds, Draper University, Bizworld, and two statewide initiatives to improve governance and education.

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SEC Chairman: We Want America to Lead the World in 5G

FCC Chairman Ajit Pai recently talked about the upcoming White House meeting which Verizon, AT&T, and Sprint are all expected to attend. The FCC Chairman says that it’s vital that we eliminate the local regulatory hurdles that are currently preventing 5G from being implemented in the US.

FCC Chairman Ajit Pai via CNBC’s Squawk on the Street:

We Want America to Lead the World in 5G

We want America to lead the world in 5G just as we led the world in 4G. That, of course, takes private sector initiative but also requires government to set the stage in terms of getting the tools for the industry to use out there into the marketplace.

First, we want to outline a cross-government strategy, not just the FCC, but the entire Trump Administration is going to be on the same page in terms of asserting US leadership in 5g. We hope to learn from the industry is what are some of the necessary building blocks for 5g? We want America to be the home for innovation and investment for the next generation of wireless connectivity. We need to know what policies are needed in order to promote US leadership and I’m hoping it’ll be a very productive exchange.

I think there’s a strong case for optimism about it being sooner. We already see some of the nation’s biggest companies doing 5G trials and cities like Indianapolis. We see a lot of investment and innovation in some of the tech sectors but there’s also a reason to be concerned because we see a lot of the regulatory barriers to 5G deployment in terms of the infrastructure that is needed to get out there into the marketplace.

Local Government Regulations and Fees Holding Back 5G

These regulations are holding back the case for a 5G deployment. That’s part of the reason why the FCC has been focused on what I call our 5G Fast Plan – Facilitating America’s Superiority in 5G Technology. If we get the spectrum out there, incentivize infrastructure deployment, and modernize our regulations, I’m confident that we can hasten the day when Americans can turn to 5G just as they’ve come to rely on 4G.

We want to set the table so that every company, big and small, and regardless of where they happen to be trying to put deploy these 5G services, will be able to do so at scale in order to serve American consumers.

By far the biggest barrier is the domestic regulatory barriers that we face. For example, it takes one to two hours to install a small cell on a utility pole that’s necessary for 5G. In some cases, it can take a year or two years to get the regulatory approval for deploying that small cell. That by far is one of the greatest barriers to getting the wide-scale deployment of 5G technologies in the future.

Additionally, the spectrum that is necessary to get out into the marketplace has been a barrier. We’ve been working aggressively to fix that and we’ve already teed-up over the next year or so more spectrum for the commercial sector use then all of the mobile broadband providers today hold combined. I think those building blocks domestically are much more important for 5G in order to be deployed at scale.

We Don’t Want to Cede the Mantel of Wireless Leadership to China

China saw the success that the United States had in 4G and they want to claim that success for themselves. When it comes to 5G we want the United States to be the haven for innovation and investment not just out of some parochial concern but because we truly believe in a free and open Internet and the power of innovation and in the importance of the private sector leading this revolution. We think that this market-based approach is a superior one.

We, of course, don’t want to cede the mantle of wireless leadership to any other country and our concern is that if China is the first mover in 5G that they will be able to draw some of that capital, some of that talent, and ultimately some of that innovation to their shores.

I think about some of the applications here in terms of precision agriculture and telemedicine and the Internet of Things and all kinds of other applications we can’t even conceive today. All that could be on tap if we make the right decisions here in the United States and I think that’s going to be a boon for American consumers and for our Internet economy.

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Get Copyblogger to Tell the World Just How Great You Are

Hey, writers! Whether you’re a freelancer, an employee, or you write content to support your business, you might find it…

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How I Can Afford To Travel The World 12 Months A Year

“Where do you live?” she asked. “I don’t really have an answer to that question right now,” I reply. I was at networking dinner in San Diego during a visit to the city for a conference. The conversation started as most do, swapping names first, then moving on to where we each call home. In […]

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Google & NORAD Santa Trackers show St. Nick already in flight for his 2017 trip around the world

The two sites will be tracking Santa’s whereabouts for the next 24 hours.

The post Google & NORAD Santa Trackers show St. Nick already in flight for his 2017 trip around the world appeared first on Search Engine Land.



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How to Improve Your Confidence and Conquer the World (or at Least Your To-Do List)

“That idea is stupid. Your headline sucks. Your headlines always suck. Everyone else on the planet is better at this than you are. No one will ever want to read this trash. I wonder if Starbucks is hiring.” – That crappy inner voice in our heads In the late spring of 1997, I went to
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Latest Chart Shows How Quickly Amazon is “Eating the Retail World”

CNBC is reporting that MKM Partners analyst Rob Sanderson’s latest chart shows a striking gap that has widened between Amazon and store-based retailers (Wal-Mart, Taraget, Costco, Home Depot, etc.) over the past year. While Amazon still only boasts a 5 percent share of total retail sales, excluding food, across the country, according to data from the U.S. Census Bureau, Sanderson’s chart shows Amazon, in the categories that the company serves, growing its market share, as brick-and-mortar retail sales are on the decline.

The median growth for what MKM Partners calls the top-20 U.S. retailers was 2.4 percent in the fourth quarter of 2016, 0.8 percent during the first quarter of 2017, and is forecast to decline by 0.2 percent in the second quarter this year, the firm said.

Notice how the gap completely shifted starting from 2013.

The latest hike in Amazon’s share price is “becoming large enough to make an impact,” Sanderson wrote. “This [trend] does not end well for traditional retailers and many will go the way of Borders and Circuit City, leaders in the first two large categories disrupted by Amazon.com.”

Sanderson states simply that Amazon is the “best long-term growth story available to investors today”

With an Amazon-Whole Foods deal in the making, pressure is about to hit traditional grocers head-on, as an internet giant takes on the “high-frequency” fresh foods market, MKM Partners added. “[P]ressures on traditional retailers will only get worse.”

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How I Can Afford To Travel The World 12 Months A Year

“Where do you live?” she asked. “I don’t really have an answer to that question right now,” I reply. I was at networking dinner in San Diego during a visit to the city for a conference. The conversation started as most do, swapping names first, then moving on to where…

The post How I Can Afford To Travel The World 12 Months A Year appeared first on Entrepreneurs-Journey.com.

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The Cognitive Era is the Next Societal Revolution That Will Change the World

“The transformational nature of artificial intelligence requires new metrics of success for our profession,” says Guru Banavar who is responsible for advancing the next generation of cognitive technologies and solutions with IBM’s global scientific ecosystem including academia, government agencies and other partners. “It is no longer enough to advance the science of AI and the engineering of AI-based systems. We now shoulder the added burden of ensuring these technologies are developed, deployed and adopted in responsible, ethical and enduring ways.”

IBM is at the cutting edge of the practical integration of artificial intelligence into real-world solutions as evidenced by IBM Watson’s recent integration with H&R Block software to improve tax deduction possibilities for the average consumer. Now that’s something that everybody can relate to!

Dr. Banavar recently delivered the 2017 Turing Lecture, a prestigious annual lecture co-hosted by the British Computer Society (BCS) and the Institution of Engineering and Technology (IET). “

“Most of the really exciting work going on in AI today is not about this at all (referring to the movie Morgan which focused on artificial general intelligence)”, noted Dr. Banavar. “It’s not about machines that look and talk and feel like humans. It’s not about machines that work like humans, but its about machines that work with humans.” He says that although this is a rather fine distinction, it’s a really important distinction.

The Cognitive Era

“There is a big revolution going on and in my mind is of the same magnitude of the Industrial Revolution,” says Dr. Banavar. “Every time one of these revolutions has happened we have seen tremendous changes in society, in the economy’s of the world and in all our lives. I believe we are at the beginning of yet another such revolution. I call that the Cognitive Era.”

“I think that we as human beings are now getting overwhelmed with respect to our cognitive capabilities,” commented Dr. Banavar. “Just trying to understand all of the data around us, all of the knowledge around us and trying make the right decisions about our daily lives, about our jobs, is getting really hard. We need to augment our cognition with the cognition of machines.”

Dr. Banavar gave the example that we all know that doctors can often be years behind the latest research and data. “What if your doctor had the benefit of a machine that could help do this kind of analysis before they make their final decision?”

View Dr. Banavar’s lecuture in its entirety starting at the 18:10 mark:

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I Used To Live In A Caravan: Here’s How I Made Enough Money To Live Anywhere In The World

Most people don’t know this, but when I was younger my ‘bedroom’ was a small caravan (sometimes called a campervan, RV or motorhome, depending on where in the world you come from). This picture is a pretty good representation of my setup at the time, with my caravan at the back…

The post I Used To Live In A Caravan: Here’s How I Made Enough Money To Live Anywhere In The World appeared first on Entrepreneurs-Journey.com.

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