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To: Paul H. Christiansen who wrote (471)9/14/2017 9:47:10 AM
From: zzpat
   of 493
 
All these companies put far too much money into creating keyboards for easy texting but texting is a waste of time. Why text when it's far easier and more efficient to call? I don't need a $1000 phone to make a phone call but it has to be able to display what I want using my voice (forget fingerprints and facial recognition).

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To: Paul H. Christiansen who wrote (470)9/14/2017 9:57:54 AM
From: zzpat
   of 493
 
The problem isn't only IPOs. There are a lot of other problems and they're all trending in the same direction.

The average time a company is in the S&P 500 is 14-years, down from decades a few decades ago. This means that CEOs and investors have a very short window to make money before a company falls off the S&P.

There are also far fewer retail investors with most estimates putting the number around 10%. Machines have taken over most of the market and control everything. Without investors demanding better CEOs etc. bad CEOs keep their jobs far too long and quickly cause companies to collapse.

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To: Paul H. Christiansen who wrote (461)9/14/2017 9:59:56 AM
From: zzpat
   of 493
 
IBM had over 8000 patents last year and over 2000 AI patents. R&D doesn't seem to be the problem. Finding something that people want is the problem.

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From: Paul H. Christiansen9/14/2017 9:09:10 PM
   of 493
 
Alphabet Said to Be in Talks to Invest About $1 Billion in Lyft



The Google parent is also an investor in Uber, though that relationship has soured

Google parent Alphabet Inc. has held talks to invest about $1 billion in Lyft Inc., according to people familiar with the matter, in what would further an alliance against the ride-hailing company’s arch rival, Uber Technologies Inc.

It isn’t clear when the talks took place or whether a deal will materialize. Bloomberg earlier reported the talks.

An investment in Lyft would complicate an already confusing mix of alliances and competitors in the global ride-hailing business. Alphabet is an investor in Uber after its venture-capital arm, now called GV, invested $258 million in the ride-hailing giant in 2013. Their relationship soured over the years as Uber and Google began competing against each other in developing self-driving cars.

The standoff reached a head in February when Alphabet sued Uber for allegedly stealing trade secrets to jump-start its own driverless-car program, allegations the ride-hailing company denies. In May, Alphabet turned to Lyft in a deal to jointly develop autonomous-vehicle technology.

Lyft, which only operates in the U.S., is a distant second in market share and valuation. It was last valued at about $7.5 billion and has raised about $2.6 billion from investors including venture firms like Andreessen Horowitz and companies such as General Motors Co. and Alibaba Group Holding Ltd.

Uber, by comparison, was last valued by investors at $68 billion and is nearing a deal with SoftBank Group Corp. on an investment that could total up to $10 billion, The Wall Street Journal reported Thursday.

wsj.com


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From: Paul H. Christiansen9/16/2017 6:10:59 AM
   of 493
 
Quick Take – Iphone X Hints at a Post-Smart Phone World



Apple introduced iPhone X as the future of the smartphone; and for good reason. The iPhone X has advanced 3D-sensing, display, camera, and augmented reality technologies that have never been available in consumer devices. These technologies solidify the platform on which Apple will retain and grow its user base for the next decade.

Impact of iPhone X. iPhone X will ship on November 3, roughly six weeks after we had previously expected. We estimate that some users (about 20% of all new iPhone buyers) will opt for the iPhone X over iPhone 8 and previous models. The ship date likely won’t have a material impact on the number of units sold, but will push some unit sales into the March quarter. Ultimately, roughly 10% of our previous iPhone unit sales in the December quarter will be iPhone X sales that are shifted into the March quarter.

AR Hints at a Post-Smartphone World. But we’re looking beyond the smartphone, wondering how the core technologies shown today will help Apple enable a post-smartphone world. To be clear, we expect the smartphone to remain a dominant computing platform for many years, but a transition to the future of computing is clearly underway. Underneath features like the new iPhone X unlock method, called Face ID, is a set of revolutionary 3D-sensing technology that will enable entirely new experiences with – and through – our devices. As Jony Ive said, “[Augmented Reality] will redefine what’s possible.”

We were hoping to see advanced AR sensors on both the front and the rear of the new device, but the new, advanced sensors are primarily relegated to the iPhone X’s front. This means that the AR capabilities Apple introduced today will be, for the most part, accessible to and backward compatible with iPhones dating back to the 2015 iPhone 6s. Ultimately, this decision will accelerate the adoption of AR and the future of computing.

Freeing You From Your iPhone. Apple’s other big announcement, Apple Watch Series 3 with LTE connectivity, also shows us where the company is positioning itself to win in a post-smartphone world. Apple pitched Apple Watch Series 3 as a device that frees you from your iPhone. Stepping back, the capabilities of the device are astounding, and they hint at a future more dominated by wearable computing devices that enable most of what we can do with our smartphones today, and more.

Impact of Apple Watch. With the introduction of LTE to the Apple Watch Series 3, and the reduced price of the Series 1, today’s announcements could add 10M incremental Apple Watch units in 2018, implying Apple Watch sales of 26M units in FY18. This would bring our estimate for Apple’s overall revenue growth from 12% to 14% in FY18, in-line with street estimates.

http://loupventures.com/quick-take-iphone-x-hints-at-a-post-smartphone-world/


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From: Paul H. Christiansen9/21/2017 8:34:46 PM
   of 493
 
Google Paid Htc $1.1 Billion To Turn Itself Into A Phone Maker



After years of half-heartedly and occasionally hamfistedly building gadgets, Google's finally all-in on the hardware game. Google will announce a number of new products on October 4, reportedly including two new phones, a smaller version of the Google Home, and a high-end laptop. And on Wednesday, the company announced an agreement with struggling manufacturer HTC that will import a team of engineers over to Google, to help close the gap between Mountain View's hardware ambitions and its present reality.

The tie-up's not quite the acquisition that had been rumored, but rather a "cooperation agreement." Google is hiring a team of HTC employees—about 2,000 people in all, members of HTC's "Powered by HTC" division—most of whom have already been working on Google's Pixel phones. Those employees will stay in Taipei, Taiwan, where HTC is headquartered, but they'll become full-on Googlers. In exchange for those workers and a non-exclusive license for some of HTC's intellectual property, Google's paying HTC $1.1 billion. Both sides hope to close the deal by early 2018. Even after the arrangement is finalized, HTC will continue making its own phones, and building Vive VR products.

According to one source, the agreement essentially shortcuts the acquisition process. Google doesn't need an entire company; it just needs engineers that can help it tightly integrate Pixel hardware with its homegrown software. So rather than deal with enveloping HTC whole cloth, it can simply pay for and quickly get the team it needs. A team which, again, already makes Google hardware. In some ways, all that changes is the ID badge.



To read the entire article, select the following:

wired.com


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From: Paul H. Christiansen9/30/2017 6:11:12 AM
   of 493
 
Tesla Semi Truck Hauls Heavy Disruptive Potential



Tesla’s announcement of an electric semi-truck is a big deal – not only does it have the potential to disrupt one the nation’s largest industries, but it marks another leap forward in making Tesla’s grand vision a reality. That said, we caution that it will take years for the Tesla Semi to come to market.

Based on Tesla’s history, the most logical go-to-market approach would be staggered: Within about 3 years, Tesla could target short haul trucking (think of UPS or Fedex trucks that return to a depot to be charged at night). Then in about 5 years, Tesla could target long haul trucking, and, in 6-10 years, offer a fleet of trucks as a service. We expect the Oct 26th event will be short on details (we don’t expect details on pricing or delivery date) and long on the opportunity. That opportunity is ripe for Tesla’s taking, considering legacy truck manufacturers’ past struggles with innovation.

In his 2016 memo, Master Plan, Part Deux, Musk elaborates on this vision (which we detail here) and explains Tesla’s ambition to “expand to cover the major forms of terrestrial transport.” This includes heavy-duty trucks and high passenger-density urban transport, among others. By electrifying more forms of transportation (roughly 30% of our energy consumption), Tesla would advance their vision of accelerating the world’s transition to sustainable energy. Although many of the details surrounding the truck have yet to surface, the implications are clear – and they are widespread.

The trucking industry is downright massive. Upending an industry with such deep roots that touches a sizable portion of our economic activity is not a simple or a swift process, but its core elements are ripe for today’s disruptive forces. Let’s put the industry into perspective:

Trucks move roughly 70% of the nation’s freight by weight, and 82% of it by value. It takes 54.3 billion gallons of fuel to move this freight each year. It employs 7.3 million people, 6% of the U.S. working population, or 1 in 17 workers. Truck driver is the most common profession in 29 of 50 states. As of 2016 there were 1.5 million trucking companies in the country, 97% of which operate fewer than 20 trucks.

To read the entire article select the following URL:

http://loupventures.com/tesla-semi-truck-hauls-heavy-disruptive-potential/


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From: Paul H. Christiansen9/30/2017 6:30:06 AM
   of 493
 
To Compete with New Rivals, Chipmaker Nvidia Shares Its Secrets

Five years ago, Nvidia was best known as a maker of chips to power videogame graphics in PCs. Then researchers found its graphics chips were also good at powering deep learning, the software technique behind recent enthusiasm for artificial intelligence.

The discovery made Nvidia into the preferred seller of shovels for the AI gold rush that’s propelling dreams of self-driving cars, delivery drones and software that plays doctor. The company’s stock-market value has risen 10-fold in three years, to more than $100 billion.

That’s made Nvidia and the market it more-or-less stumbled into an attractive target. Longtime chip kingpin Intel and a stampede of startups are building and offering chips to power smart machines. Further competition comes from large tech companies designing their own AI chips. Google’s voice recognition and image search now run on in-house chips dubbed “tensor processing units,” while the face-unlock feature in Apple’s new iPhone is powered by a home-grown chip with a “neural engine”.

Nvidia’s latest countermove is counterintuitive. This week the company released as open source the designs to a chip module it made to power deep learning in cars, robots, and smaller connected devices such as cameras. That module, the DLA for deep learning accelerator, is somewhat analogous to Apple’s neural engine. Nvidia plans to start shipping it next year in a chip built into a new version of its Drive PX computer for self-driving cars, which Toyota plans to use in its autonomous-vehicle program.

Why give away this valuable intellectual property for free? Deepu Talla, Nvidia’s vice president for autonomous machines, says he wants to help AI chips reach more markets than Nvidia can accommodate itself. While his unit works to put the DLA in cars, robots, and drones, he expects others to build chips that put it into diverse markets ranging from security cameras to kitchen gadgets to medical devices. “There are going to be hundreds of billions of internet of things devices in the future,” says Talla. “We cannot address all the markets out there.”

To read the entire article, select the following URL:

https://www.wired.com/story/to-compete-with-new-rivals-chipmaker-nvidia-shares-its-secrets?mbid=nl_092917_daily&CNDID=%25%25CUST_ID%25%25


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From: Paul H. Christiansen9/30/2017 6:43:13 AM
   of 493
 
Why Futurist Ray Kurzweil Isn’t Worried About Technology Stealing Your Job

You know a topic is trending when the likes of Tesla’s Elon Musk and Facebook’s Mark Zuckerberg publicly bicker about its potential risks and rewards. In this case, Musk says he fears artificial intelligence will lead to World War III because nations will compete for A.I. superiority. Zuckerberg, meanwhile, has called such doomsday scenarios “irresponsible” and says he is optimistic about A.I.

But another tech visionary sees the future as more nuanced. Ray Kurzweil, an author and director of engineering at Google, thinks, in the long run, that A.I. will do far more good than harm. Despite some potential downsides, he welcomes the day that computers surpass human intelligence—a tipping point otherwise known as “the singularity.” That’s partly why, in 2008, he cofounded the aptly named Singularity University, an institute that focuses on world-changing technologies. We caught up with the longtime futurist to get his take on the A.I. debate and, well, to ask what the future holds for us all.

Fortune: Has the rate of change in technology been in line with your predictions?

Kurzweil: Many futurists borrow from the imagination of science-fiction writers, but they don’t have a really good methodology for predicting when things will happen. Early on, I realized that timing is important to everything, from stock investing to romance—you’ve got to be in the right place at the right time. And so I started studying technology trends. If you Google how my predictions have fared, you’ll get a 150-page paper analyzing 147 predictions I made about the year 2009, which I wrote in the late ’90s—86% were correct, 78% were exactly to the year.

What’s one prediction that didn’t come to fruition?

That we’d have self-driving cars by 2009. It’s not completely wrong. There actually were some self-driving cars back then, but they were very experimental.

Why are we so bad at predicting certain things? For example, Donald Trump winning the presidency?

He’s not technology.

Have you tried to build models for predicting politics or world events?

The power and influence of governments is decreasing because of the tremendous power of social networks and economic trends. There’s some problem in the pension funds in Spain, and the whole world feels it. I think these kinds of trends affect us much more than the decisions made in Washington and other capitals. That’s not to say they’re not important, but they actually have no impact on the basic trends I’m talking about. Things that happened in the 20th century like World War I, World War II, the Cold War, and the Great Depression had no effect on these very smooth trajectories for technology.

What do you think about the current debate about artificial intelligence? Elon Musk has said it poses an existential threat to humanity.

Technology has always been a double-edged sword, since fire kept us warm but burned down our houses. It’s very clear that overall human life has gotten better, although technology amplifies both our creative and destructive impulses. A lot of people think things are getting worse, partly because that’s actually an evolutionary adaptation: It’s very important for your survival to be sensitive to bad news. A little rustling in the leaves may be a predator, and you better pay attention to that. All of these technologies are a risk. And the powerful ones—biotechnology, nanotechnology, and A.I.—are potentially existential risks. I think if you look at history, though, we’re being helped more than we’re being hurt.

To read the entire article, select the following URL:

fortune.com


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From: Paul H. Christiansen10/3/2017 10:43:33 PM
   of 493
 
GENERAL MOTORS IS GOING ALL ELECTRIC



After more than a century peddling vehicles that pollute the atmosphere, General Motors is ending its relationship with gasoline and diesel. This morning, the American automotive giant announced that it is working toward an all-electric, zero-emissions future. That starts with two new, fully electric models next year—then at least 18 more by 2023.

That product onslaught puts the company at the forefront of an increasingly large crowd of automakers proclaiming the age of electricity and promising to move away from gasoline- and diesel-powered vehicles. In recent months, Volvo, Aston Martin, and Jaguar Land Rover have announced similar moves. GM’s declaration, though, is particularly noteworthy because it’s among the very largest automakers on the planet. It sold 10 million cars last year, ranging from pickups to SUVs to urban runabouts.

“General Motors believes the future is all-electric,” says Mark Reuss, the company’s head of product. “We are far along in our plan to lead the way to that future world.”

Reuss did not give a date for the death knell of the GM gas- or diesel-powered car, saying the transition will happen at different speeds in different markets and regions. The new all-electric models will be a mix of battery electric cars and fuel cell-powered vehicles.

To be sure, GM’s sudden jolt of electricity is planned with its shareholders in mind. The Trump Administration may be moving to roll back fuel efficiency requirements in the US, but the rest of the world is insisting on an electric age. France, Great Britain, the Netherlands, and Norway have all said they plan to ban the sale of gas and diesel cars in the coming decades. More importantly, China—the world’s largest car market—and India, a rising star, plan to join them. No automaker can compete globally without a compelling stable of electric cars.\

To read the entire article, select the following URL:

https://www.wired.com/story/general-motors-electric-cars-plan-gm/


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