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The institute's territory sits between promising laboratory research and technologies mature enough to attract private investment. Bringing companies and investors alongside earlier could help bridge that expensive gap.

— The Business of Tech
1d ago

The government has committed $ 231 million to the New Zealand Institute for Advanced Technology, with funding largely redirected from other parts of the science system. That puts serious expectations on the Institute and its leadership. Can they turn promising science into thriving businesses and make sure New Zealand keeps a decent share of the rewards.

6d ago

If you're not getting distilled, that's the definition in your mind. It's like unless you're not frontier. Yeah. I think that's like the the most honest definition. Like unless other people will spend a lot of money to try to emulate your model and recreate it, then you are not

2w ago

The diversity of life in our homes is more than a list of 100,000 new species. It is 100,000 new sources of solutions to human problems.

3w ago

An expert thinks he knows it all, but he's also rather inhibited by his experience, his knowledge, and he finds it difficult to steer off the well-known path. Whereas if you have a lack of experience, but huge curiosity, and you approach your new challenge with naivety, I think it's sort of easier for you as an inexperienced designer to come up with something different and to follow a different path.

4w ago

3D printing has almost become kind of this system that's great for prototyping, but hasn't really created that bridge from prototyping to production. We solved that by printing inside of this gel that holds the shape that you're drawing. You're able to eliminate gravity.

4w ago

You can take your roided up macho w you know WWE e you know warrior and give me a 90 lb man or woman in thick glasses with a drone and a hellfire missile and a command module. Let's see who wins. We fight wars now not as much with brawn but with brains and with people who have a certain level of discipline, a certain level of respect for each other.

4w ago

If New Zealand puts too much emphasis on quick commercial returns and neglects fundamental research, it risks drying up the pipeline of discoveries that future businesses will depend on.

1mo ago

My response to all of that is it doesn't matter what Meta says. This is the essential truth of every piece of mainstream consumer technology. The users define the product. If you sell millions of gadgets to people, they will use them in ways you never expected. It's those emergent behaviors that often define the next version of the product.

1mo ago

New Zealand is like a "Galápagos island of ideas", where founders often start companies not because startup status is fashionable, but because they have encountered a problem they feel compelled to solve.

1mo ago

I think there's a third category, and this is the category that I would put Microsoft into. This is the category of companies, big western companies that dared to dream the dream but never managed to realize it.

2mo ago

If you were to go back and look at the average productivity of the US worker over the past 90 years, you will not see a single technological innovation. You won't see air conditioning. You won't see cell phones or computers or the internet or Microsoft Office. You don't see it because it takes a long time for productivity to be absorbed into the workplace and used by employers.

2mo ago

I think the greatest innovation in history isn't vaccines or the iPhone. I think it's the American middle class. And only 40% of men throughout history, I understand, have reproduced and 80% of women.

2mo ago
The Business of Tech
FTN Motion's electric ride

It's hard to imagine this, but back then there was no like e bikes within a thing lit alone electric motorcycles. So we put that thing together and started riding and around Pocacoli. It just turned a lot of hits like it was something new.

3mo ago

If I wanted to propose a grand synthesis for Americans to understand Shenzhen, it would be uh Detroit in its heyday of about 100 years ago to Silicon Valley today.

3mo ago
The Business of Tech
FTN Motion's electric ride

It's hard to imagine this, but back then there was no like e bikes within a thing lit alone electric motorcycles. So we put that thing together and started riding around Pocacoli. It just turned a lot of hits like it was something new.

3mo ago

China may not be the leader in AI development yet, but it certainly is a leader in the adoption of AI.

4mo ago

The exciting part of being in technology investing is that you have these waves of innovation that create extraordinary opportunities for value creation and also value destruction. And the companies that are able to ride multiple waves are extraordinary compounders over time, but it's actually quite rare.

4mo ago

Most people think of creativity as the production of something new. But Ogas and Rose argue that creative breakthroughs almost always involve making unusual connections between existing ideas. They say that highly creative people are essentially librarians of their own knowledge and experience — constantly cross-referencing and combining things in ways that others don't think to do.

5mo ago

The problem is that we're often led to believe that we need to think outside the box, but actually the most creative solutions often come from people who have gone so deep into a box that they understand the nuances and the constraints so well that they can find new pathways within it that others couldn't see.

5mo ago

What do the inventor of the periodic table, the novelist Isabel Allende, and the almost-creators of the iPhone have in common? Join author David Epstein and EconTalk's Russ Roberts to explore a counterintuitive idea: that boundaries, and not unlimited freedom, often make us more creative, productive, and fulfilled.

5mo ago

crypto has evolved from an ideological movement into a more pragmatic, product-focused ecosystem, shaped by real-world use cases and increasing regulatory clarity

6mo ago

I would describe AI is all chip no salsa and that is real insight like what is it you're going to do differently with your business what is it that's unique about your business most new businesses make no sense at the outset otherwise they would already exist.

6mo ago

Without a coherent industrial strategy covering energy, skills, investment, and R and D, we're effectively putting headwinds in front of our most productive exporters rather than giving them a competitive advantage.

6mo ago

for innovation to work in a corporate but has to look and feel like a real startup. It needs its own budget, a clear, finite time span, specific deliverables, and tough stage gates where ideas are reviewed and must earn the right to keep going exactly as they would if a founding team was pitching for the next funding round.

6mo ago

I wanted to do this show that didn't exist when I was a kid, and I knew the talent was out there. You know, I found Bruno Mars and put him on the show when he was two feet tall. I wanted those things that Johnny didn't do.

6mo ago

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