Author: David Riggs

Tesla’s China factory and the missed growth opportunity

TECHCRUNCH Chandrasekar Iyer Contributor Tesla made its ambition for world domination known when it announced its intention to build a factory in China. The move makes sense — China is the world’s largest automotive market. But it might be shortsighted. By continuing to go after the higher tiers of an established market, Tesla will engage in a zero-sum game for market share instead of forging a new market of unparalleled size. Competition will be fierce as incumbents, like BMW and Audi, which are determined to hold on to their more profitable customers, respond in kind. Instead, the larger opportunity...

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Existential education error: Failing to train students on software

TECHCRUNCH Ryan Craig Contributor More posts by this contributor Facebook is going back to college Broadening education investments to full-stack solutions Although many of the milestones of the digital revolution have sprung directly from the research output of America’s colleges and universities, like Athena from Zeus’s forehead, on the instructional side, American higher education has taken a laid-back approach. Sure, there are more courses in computer science, millions of students taking courses online and MIT just committed $1 billion to build a new college for AI. But a campus-visiting time-traveler from 25 or 50 years ago would find a very...

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Powering customer journeys in the age of AI

TECHCRUNCH Anirudh Pandit Contributor Anirudh Pandit is head of Solution Engineering, NA-West, office of the CTO, MuleSoft. Technology has been the cornerstone of economic growth around the world for hundreds of years. It has underpinned the last three industrial revolutions and is now the driving factor in today’s Fourth Industrial Revolution — marked by emerging technologies in a variety of fields. Unsurprisingly, artificial intelligence is one of the key technologies driving this new revolution. As described in the 1950s by the father of modern computer science, Alan Turing, “What we want is a machine that can learn from experience.”...

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Proof of use: A new crowdfunding threshold for passionate users

TECHCRUNCH Galen Moore Contributor Galen Moore is director of Business Development at New Alchemy. Right now, most participants in U.S. private placements must be “accredited” investors, meaning $200,000 annual income over multiple years or $1 million in net worth, not including your primary residence. These numbers have not changed since 1982, though inflation in the intervening decades has more than halved the real wealth they represent. This means your mother, who owns a vacation home on Cape Cod, may be getting phone calls from boiler room broker-dealers. The wealth standard means your mother is considered qualified to evaluate such...

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7 things to think about voice

TECHCRUNCH Tom Goodwin Contributor More posts by this contributor Social media, politics, and the bubble of distraction Patterns, Predictability, and the Rise of Donald Trump  The next few years will see voice automation take over many aspects of our lives. Although voice won’t change everything, it will be part of a movement that heralds a new way to think about our relationship with devices, screens, our data and interactions. We will become more task-specific and less program-oriented. We will think less about items and more about the collective experience of the device ecosystem they are part of. We will...

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Commercial insurtech is like an exclusive club — and Google and Amazon aren’t invited

TECHCRUNCH Chris Downer Contributor Chris Downer is a principal at XL Innovate, focusing on insurtech investments in North America, Europe and Asia. Tech companies and VCs in the insurance space have probably read many of the news articles about Amazon and Google entering insurance (here, here and here). Given their nearly unlimited resources, this may be intimidating to some in the industry. Whether one views these moves as a threat, a welcomed development or something in-between, it’s important to note that both Google and Amazon have focused almost exclusively on personal lines, which is only one aspect of insurance. There are...

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The attributes that define the increasingly critical Data-as-a-Service industry

TECHCRUNCH Alex Rosen Contributor More posts by this contributor An inside look into a venture negotiation Is the new normal really new? It’s now common in tech to describe data as “the new oil or electricity” — a fuel that will power innovation and company growth for the foreseeable future. However, data is far from a novel industry. In fact, it’s a decades-old market, and many successful data companies, such as Bloomberg, LiveRamp (now Axciom), Oracle Data Cloud and Nielsen have been built in the past and serve as industry leaders… for the time being. Still, a few characteristics...

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The innovation supply chain: How ideas traverse continents and transform economies

TECHCRUNCH Alex Lazarow Contributor Alex Lazarow works at the intersection of investing, innovation and economic development across the public, private and social sectors. He is a venture capitalist with Cathay Innovation and an adjunct professor with the Middlebury Institute for International Studies MBA program. While Westerners often associate the invention of calculus with 17th century European luminaries like Isaac Newton and Gottfried Leibniz, its theoretical foundations actually stretch back millennia. Fundamental theorems appear in ancient Egyptian work from 1820 BC, and later influences sprout from Babylonian, Ancient Greek, Chinese and Middle Eastern texts. Such is the nature of the...

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