Sunday, July 22, 2012

This Is Going To Be A Boom Decade

Image representing Fisker Automotive as depict...
Image via CrunchBase
Early Stage Companies Raise Most Funds in a Decade
$2.1 billion went into 410 early-stage deals. Overall, $7 billion went into 898 deals..... The companies that did the best were in the less capital-intensive software and Internet sector. The biotech industry, with $697 million going into 90 deals overall.... More than a third of the total money invested in cleantech companies went into $100 million-plus bets on later-stage funding rounds for Fisker Automotive, Harvest Power, and Bloom Energy—the largest three deals across all industries in the last few months. .... Higher-risk investments in life sciences and clean-tech are still difficult for VCs to touch.
The finance folks solved the problem of too much money ("Oh, so, let's shove it into real estate!") by throwing it to wreck the entire financial system. And the world is not fully out of the doldrums yet. But a rebirth is on the way. Things are going to be bigger and better than ever before.
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Manufacturing Woes

HANNOVER, GERMANY - MARCH 02:  Robots play foo...
HANNOVER, GERMANY - MARCH 02: Robots play football in a demonstration of artificial intelligence at the stand of the German Research Center for Artificial Intelligence (Deutsches Forschungszentrum fuer Kuenstliche Intelligenz GmbH) at the CeBIT Technology Fair on March 2, 2010 in Hannover, Germany. CeBIT will be open to the public from March 2 through March 6. (Image credit: Getty Images via @daylife)
The Future of Manufacturing Is in America, Not China
new technology is driving a U.S. industrial comeback...... Seduced by government subsidies, cheap labor, lax regulations, and a rigged currency, U.S. industry has rushed to China in recent decades, with millions of American jobs lost...... Robots are now capable of performing surgery, milking cows, doing military reconnaissance and combat, and flying fighter jets. ..... The factory assembly that China is currently performing is child's play compared to the next generation of robots -- which will soon become cheaper than human labor. ..... artificial intelligence (AI) -- software that makes computers, if not intelligent in the human sense, at least good enough to fake it..... AI is making it possible to develop self-driving cars, voice-recognition systems such as the iPhone's Siri, and Face.com, the face-recognition software Facebook recently acquired..... a "creator economy" in which mass production is replaced by personalized production, with people customizing designs they download from the Internet or develop themselves. ..... Three-D printers can already create physical mechanical devices, medical implants, jewelry, and even clothing. ..... in the next decade, manufacturing will again become a local industry and it will be possible to 3D print electronics and use giant 3D printing scaffolds to print entire buildings. Why would we ship raw materials all the way to China and then ship completed products back to the United States when they can be manufactured more cheaply locally, on demand? .... advances in nanotechnology that change the equation further. .... carbon nanotubes, ceramic-matrix nanocomposites, and new carbon fibers .... stronger, lighter, more energy-efficient, and more durable ..... "Over the next two decades," Jacobstein says, "molecular manufacturing will do for our relationship with molecules and matter what the computer did for our relationship with bits and information -- make the precise control of molecules and matter inexpensive and ubiquitous." .... America's ability to innovate, demolish old industries, and continually reinvent itself. The Chinese are still busy copying technologies we built over the past few decades. They haven't cracked the nut on how to innovate yet.....Google just announced that it will produce its highly-acclaimed Nexus 7 tablet in the United States.
Robotics, artificial intelligence, 3D printing, nanotechnology -- and boom, the American jobs are back.
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