Wednesday, June 24, 2015
Elon Musk: Satellite Internet
15 billion is such a small amount for something this important. The US government should so angel invest.
Hyperloops And Self Driving Cars
They don't stand at cross purposes. Hyperloops are for long distances, and self driving cars are inside the city transportation, so you need neither drivers nor parking space. The two compliment each other.
With the Hyperloop, you skip that whole thing about building roads. They seem to need such little land, that maybe you don't even need to do land acquisition.
So you take 45 minutes to go from LA to NYC, and then you hop out and get into a self driving car, and it takes another 45 minutes to get to your home in The Bronx. The Hyperloop is going to make the self driving car look antique.
With the Hyperloop, you skip that whole thing about building roads. They seem to need such little land, that maybe you don't even need to do land acquisition.
So you take 45 minutes to go from LA to NYC, and then you hop out and get into a self driving car, and it takes another 45 minutes to get to your home in The Bronx. The Hyperloop is going to make the self driving car look antique.
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Hyperloop
New York to Los Angeles in 45 minutes is mind blowing. That might be the most popular track.
It takes an Elon Musk to save America the embarrassment of China and Japan outdoing it on bullet trains.
The Hyperloop could actually be producing excess energy. If there are solar panels on the top everywhere, that is more energy than it needs. Good thing.
The Hyperloop would be a great way to connect India's four largest cities: Delhi, Mumbai, Chennai, Kolkata. Why are they still talking bullet trains in India? The Hyperloop is cheaper. Much cheaper. Just like India skipped landlines, and went straight to mobile phones, it should skip bullet trains and go straight to the Hyperloop.
Elon Musk has a Head Of State status. He is totally making impact. This guy will soon qualify for a membership of the G7.
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The Money Is Not Actually Moving
Economic Growth and the Production Possibility Curve (Photo credit: Wikipedia) |
And that digitization allows for a potentially massive increase in the velocity of money. If the same dollar exchanges hands 200 times instead of 20, that is a ten times increase in economic activity and hence economic growth. Moving money should be instantaneous and free globally. Just like when you send email, there is no lag. In the old fashioned ways, it can take days for money to move. There is no reason why it should be that way. That "lag" is a tremendous drag on economic activity.
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Tuesday, June 23, 2015
Twitter Making Second Big Mistake On Jack Dorsey
The first one obviously was when Jack Dorsey was ousted as Twitter CEO the first time around. Evan Williams, smart guy, shot himself in the foot. You shouldn't do something just because you can.
It is a DNA thing. Only the inventor can come up with killer features for the product. That person in this case is Jack Dorsey. The Twitter Board is in no position to decide.
If I were the Twitter Board, I would salivate at the prospect. Jack Dorsey is no longer a green horn CEO. He has now become really good at it. The first time around he was like, I should have held weekly meetings.
Twitter Board's problem should have been, maybe Dorsey is not available. Giving an ultimatum is bad manners. And it will hurt Twitter, which has been stagnant for a long time now.
I always thought Dick Costolo was more of a COO person. Evan Williams could have been Chairperson. But neither were cut to be CEO. And Twitter lost major momentum along the way.
A new direction would be to get much better at curate-and-display. Most people don't really want to tweet, they just want to consume.
This is not about whether Jack Dorsey is a Steve Jobs or an Elon Musk. This is about whether there is anyone better for the job, and there isn't. It goes with the territory.
Sorry Jack Dorsey, Steve Jobs And Elon Musk Are Exceptions
It is a DNA thing. Only the inventor can come up with killer features for the product. That person in this case is Jack Dorsey. The Twitter Board is in no position to decide.
If I were the Twitter Board, I would salivate at the prospect. Jack Dorsey is no longer a green horn CEO. He has now become really good at it. The first time around he was like, I should have held weekly meetings.
Twitter Board's problem should have been, maybe Dorsey is not available. Giving an ultimatum is bad manners. And it will hurt Twitter, which has been stagnant for a long time now.
I always thought Dick Costolo was more of a COO person. Evan Williams could have been Chairperson. But neither were cut to be CEO. And Twitter lost major momentum along the way.
A new direction would be to get much better at curate-and-display. Most people don't really want to tweet, they just want to consume.
This is not about whether Jack Dorsey is a Steve Jobs or an Elon Musk. This is about whether there is anyone better for the job, and there isn't. It goes with the territory.
Sorry Jack Dorsey, Steve Jobs And Elon Musk Are Exceptions
Currently, Musk serves as the CEO of publicly traded Tesla Motors and the private company SpaceX. Tesla is currently valued at about $25 billion and Musk has his sights set on a $700 billion valuation.
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- Jack Dorsey Appointed Twitter Interim CEO as Dick Costolo Steps Down by @mattsouthern
- Twitter CEO Dick Costolo to Step Down July 1
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- Jack Dorsey's mom doesn't like his beard, so she tweeted about it
- Jack Off to Executive Suite, With Dick Out
- Twitter CEO Dick Costolo is out, Jack Dorsey back in
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