Tesla Model S

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pages: 417 words: 109,367

The End of Doom: Environmental Renewal in the Twenty-First Century by Ronald Bailey

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3D printing, additive manufacturing, agricultural Revolution, Albert Einstein, autonomous vehicles, Cass Sunstein, Climatic Research Unit, Commodity Super-Cycle, conceptual framework, corporate governance, credit crunch, David Attenborough, decarbonisation, dematerialisation, demographic transition, diversified portfolio, double helix, energy security, failed state, financial independence, Gary Taubes, hydraulic fracturing, income inequality, invisible hand, knowledge economy, meta analysis, meta-analysis, Naomi Klein, oil shale / tar sands, oil shock, pattern recognition, peak oil, phenotype, planetary scale, price stability, profit motive, purchasing power parity, race to the bottom, RAND corporation, rent-seeking, Stewart Brand, Tesla Model S, trade liberalization, University of East Anglia, uranium enrichment, women in the workforce, yield curve

Of course, if demand for electric vehicles takes off, production would have to increase significantly. Perhaps a good way to think about future demand for lithium is to consider that 9 kilograms (about 20 pounds) of it goes into the Tesla Model S 990-pound battery pack. The Tesla can go about 250 miles on a single electric charge. A ton of lithium is enough to produce 111 Tesla batteries, and in 2013 the world produced 35,000 metric tons of lithium. Current lithium production could therefore notionally supply batteries to power just under 3.9 million Tesla Model S cars. In 2013, US-based automakers produced just over 11 million vehicles. Assuming that all used the same batteries as the Tesla Model S implies a consumption of about 100,000 metric tons of lithium annually. At that rate, reserves would last 123 years, and estimated resources 380 years. A 2011 study on global lithium availability by researchers at the University of Michigan and Ford Motor Company estimated that the cumulative twenty-first-century demand for lithium would likely range between 12 and 20 million tons, depending on assumptions regarding economic growth and recycling rates.


pages: 386 words: 91,913

The Elements of Power: Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age by David S. Abraham

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3D printing, carbon footprint, clean water, cleantech, Deng Xiaoping, Elon Musk, en.wikipedia.org, glass ceiling, global supply chain, information retrieval, Internet of things, new economy, oil shale / tar sands, oil shock, reshoring, Ronald Reagan, Silicon Valley, South China Sea, Steve Ballmer, Steve Jobs, telemarketer, Tesla Model S, thinkpad, upwardly mobile, uranium enrichment, Y2K

McKinsey, “Battery Technology Charges Ahead,” July 2012, http://www.mckinsey.com/insights/energy_resources_materials/battery_technology_charges_ahead; International Energy Agency, Tracking Clean Energy Progress 2013; Electrification Coalition, “State of the Plug-in Electric Vehicle Market,” 2013, electrificationcoalition.org/sites/default/files/EC_State_of_PEV_Market_Final_1.pdf; Angus MacKenzie, “2013 Motor Trend Car of the Year: Tesla Model S,” Motor Trend Magazine, January 2013, www.motortrend.com/oftheyear/car/1301_2013_motor_trend_car_of_the_year_tesla_model_s/; Jack Kaskey and Simon Casey, “Tesla to Use North American Material Amid Pollution Worry,” Bloomberg, March 28, 2014, www.bloomberg.com/news/2014-03-28/tesla-to-use-north-american-material-amid-pollution-worry.html. 31. Jon Sonneborn, telephone interview by David Abraham, April 4, 2014. 32. Merrill Lynch analyst John Lovallo states that the company believes a range of $100–$150/kWh is needed to create a competitive advantage over internal combustion end vehicles.

Chris Ciaccia, “Tesla Unveils Gigafactory: What Wall Street’s Saying,” Thestreet, February 27, 2014, http://www.thestreet.com/story/12459694/1/tesla-unveils-gigafactory-what-wall-streets-saying.html; Sebastian Anthony, “Tesla’s Model S Now Has a Titanium Underbody Shield to Reduce Risk of Battery Fires to ‘Virtually Zero,’ ” Extremetech, March 28, 2014, http://www.extremetech.com/extreme/179422-teslas-model-s-now-has-a-titanium-underbody-shield-to-reduce-risk-of-battery-fires-to-virtually-zero. 33. McKinsey, “Battery Technology Charges Ahead”; International Energy Agency, Tracking Clean Energy Progress 2013; Kaskey and Casey, “Tesla to Use North American Material”; ARPA-E, “The All-Electron Battery: A Quantum Leap Forward in Energy Storage,” 2010, arpa-e.energy.gov/?q=programs/beest. 34. Cyrus Wadia, Paul Albertus, and Venkat Srinivasan, “Resource Constraints on the Battery Energy Storage Potential for Grid and Transportation Applications,” Journal of Power Sources 196, no. 3 (2011): 1593–98, doi:10.1016/j.jpowsour.2010.08.056. 35.


Big Data at Work: Dispelling the Myths, Uncovering the Opportunities by Thomas H. Davenport

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Automated Insights, autonomous vehicles, bioinformatics, business intelligence, business process, call centre, chief data officer, cloud computing, data acquisition, Edward Snowden, Erik Brynjolfsson, intermodal, Internet of things, Jeff Bezos, knowledge worker, Mark Zuckerberg, move fast and break things, Narrative Science, natural language processing, Netflix Prize, New Journalism, recommendation engine, RFID, self-driving car, sentiment analysis, Silicon Valley, smart grid, smart meter, social graph, sorting algorithm, statistical model, Tesla Model S, text mining

The “common” (though they are obviously still emerging) approaches to adding big data to products involve services—capturing and analyzing data on how the products are being used, when they are likely to break, and how they can be serviced most effectively and efficiently. It’s also possible to use big data to inform customers about their behavior relative to a product—how to drive a car in a more energy-efficient manner, for example. Data can also be embedded in the product itself, as it is for the Tesla Model S. Vehicle data logs for the car can be used to monitor performance remotely, signal the need for maintenance, and let drivers know how their mileage and performance compare with other drivers’ experience. Taking advantage of this lesson can be difficult if your primary business doesn’t involve big data or related technologies. But there are several ways to get started if you are a large, not-so-nimble organization.

See also Google StreetView mapping project supply chain, 5, 8t, 52, 53, 68, 78, 144, 162, 188 system development methodology, 20, 161, 199 Tableau, 183 Talent Analytics, 100 targets for big data, 144–145, 151 TARGUSinfo, 79 team approach, and data scientists, 99–101, 165–167, 181, 201, 209 technology, 113–134 action plan for managers in, 134 alternative platforms used together in, 131–133 belief in, and culture of big data, 147–148 big data analysis and, 117–118 big data and warehouse coexistence in, 130–131, 131f cost reduction with, 60–61, 62 examples of companies using, 128–133 hybrid models in, 200–201 integration of, 126–128, 127f, 199–200 overview of, 113–114, 114t stack in, 119–126, 119t storage approaches needed with, 116–117 time reduction using, 63–64 value to organization of, 115–116 See also architecture and specific ­processes and products technology architecture. See architecture telecommunications industry, 5, 21, 47–48, 78–79, 86–87, 168, 196, 197 telematic, 52, 178, 193 telemedicine, 45 03/12/13 2:04 PM Index  227 Teradata, 117, 131, 132, 160 Teradata Aster, 133, 140 Tesco, 44 Tesla Model S car, 155 text data analysis of, 88, 113, 114t, 118, 122–123, 177, 184, 191, 208 health-care industry use of, 43, 45, 67, 181 increased volume of, 11 management of, 78 voice conversion to, 67 Tibco Spotfire, 169. See also Spotfire time frame for adoption of big data, 79–84 time reduction strategy, 63–65 Tomak, Kerem, 63–64, 184 training programs for data scientists, 14, 104, 184, 209 for managers, 112 transportation industry, 5, 8, 8t, 13, 35, 82 travel industry big data applications in, 3, 5, 8t, 24, 42, 75–76, 82, 164, 179 future scenario of big data’s impact on, 33–35 trusted adviser traits of data scientists, 88, 92–93 turbine, monitoring of, 13, 25, 47, 74, 177, 185 Twitter, 12, 13, 22, 24, 94, 104, 169 underachievers in big data usage, 42t, 43–44 UN Global Pulse innovation lab, 17, 20, 107 United Healthcare, 67, 180, 181 UnitedHealth Group, 155–156 universities big data courses in, 14, 101–102, 112 data scientists drawn from, 101–103 University of Alabama, 102 University of California, Berkeley, School of Information, 102 University of Cincinnati, 102 University of Illinois Neustar Labs, 79 University of Indiana Kelley School of Business, 103 University of Pittsburgh Medical Center, 143, 202 University of San Francisco, 102 Index.indd 227 University of Tennessee, 102 University of Virginia, 102 unstructured data analysis of, 4t, 81, 88, 94, 98, 113, 115, 142, 177, 186, 194t, 206, 208 conversion to structure format of, 93, 110, 117–118, 121, 137 customer information in, 51, 67, 68, 69, 180, 186 processing and storage of, 79, 96, 119, 126, 132, 204 sources with, 1, 8t, 10t, 23, 62, 91, 113, 127, 195, 197, 204 See also images; text data; video data US Air Force, 19 UPS, 10, 52, 73, 177, 178, 182, 194, 202 USAA, 120, 137, 138, 182, 202 Valdes-Perez, Raul, 172 value proposition, in large companies, 187 Varian, Hal, 87, 147, 164 Vayama, 24 Verizon Communications, 196 Verizon Wireless, 48, 196, 197 Vertica, 183 vertical data scientists, 97–99 video data, 8t analysis of, 9, 88, 96, 113, 118, 127f, 131f, 184, 208 customer information from, 46, 177, 180 increased volume of, 1 military use of, 19 retail industry and, 37–39, 42 sports and, 56 visual analytics, 29, 64, 88, 94–96, 95f, 109, 114t, 124, 169, 184, 195–196, 200 visualization of data, 124–125, 125f Vivisimo, 172 Vodaphone Group, 196 voice data analysis of, 88, 113, 118, 177, 208 customer information from, 67, 68, 181 increased volume of, 11 Voldemort, 160 Volkswagen, 83 WakeMate, 12 Walmart, 44, 46 WalMartLabs.


pages: 315 words: 99,065

The Virgin Way: Everything I Know About Leadership by Richard Branson

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barriers to entry, call centre, carbon footprint, Celtic Tiger, clean water, collective bargaining, Costa Concordia, Donald Trump, Elon Musk, friendly fire, glass ceiling, illegal immigration, index card, inflight wifi, Lao Tzu, low cost carrier, M-Pesa, Mahatma Gandhi, Mark Zuckerberg, Northern Rock, profit motive, Ralph Waldo Emerson, Ronald Reagan, shareholder value, Silicon Valley, stem cell, Steve Jobs, Tesla Model S, trade route

The luxury/sports sedan market is much smaller in unit sales opportunities but hugely effective in switching the mindset of influential car owners to finally wanting to own an electric car for looks, performance and cool, first adopter cachet, as opposed to just fuel efficiency. And let’s be honest, if you can afford to fork out the price of a luxury vehicle, the cost of fuel is usually the last thing on your mind! The $70,000 Tesla Model S not only looks like a very cool sports car but behaves like one: it reportedly accelerates from 0 to 60 mph in an incredible 3.7 seconds and for those like me who have a conscience about such things, it is almost twice as energy efficient as the homely sector-leading Toyota Prius. And as if all that were not enough, the influential ‘Consumer Reports’ magazine ranked the Tesla as ‘the best we have ever tested’ with a ninety-nine per cent overall rating.

Horatio 294–5 Nest 365, 368–70 Netflix 56–8, 216–18, 358 New York Times 146, 172, 304 Newcastle United FC 258 NeXT 262 Nike 311, 371 Nikon 125 9/11 210, 305 Nokia 311–12 Nolan, Anthony 321 Nominet Trust 363 Northern Rock 185, 186–8, 257–8 note-taking 5, 30–1, 33–7 NTL:Telewest 161 Obama, Barack 79–80 OceanElders 237 Oelwang, Jean 285 Old Man and the Sea, The (Hemingway) 104 Oldfield, Mike 134 O’Leary, Michael 21 Olympic Games, Winter, Sochi 311 Oneworld 312 oratory 31–3, 83–94 common human fear 84 and Q&A format 88–9 and teleprompters 84–5 and well-timed pauses 87 words best avoided during 90–4 words recommended for use during 94–5 Page, Larry 82–3, 130–1, 137, 191, 198, 288, 362–3 and April Fool stunts 268–9 palindromes 111 Pan Am 156, 300 Pascal, Blaise 82 passion: as essence of brand 242 innateness of 242–3 RB’s 242 recognised in others 247 Path 370 PayPal 247 Penni (RB’s assistant) 66 Pepsico 285 ‘Per Ardua ad Astra’ 103 Pioneers TV 280 Pixar 324 Plato 334 Player, Gary 134 Polman, Paul 357 Powell, Colin 79 Pret a Manger, and ex-prisoners 24 Private Sector Employment Indicator 283 procrastination: orchestrated 330, 334 serial 328–9 Project Oxygen 214 public speaking, see oratory Qantas 72, 73, 138, 236 Qwikster 57–8 Raleigh, Walter 293 Reach for the Sky 102–3 Reagan, Ronald 299, 325 Rebel Billionaire, The 192, 195 Reed, Claire 274–5 Reed, Frank 207–8 Reel Gardening 274–5 Remington Products 64 résumé, see CV RetailSales 148 Richard III 197 Ridgway, Steve 76–7 Robinson, Mary 38, 118 Rolling Stones 97 Rose, Greg 339 Rossi, Chris 206 Royal Bank of Scotland 186, 188 Rutherford, Mike 323 Ryanair 21 Safaricom 354 Sainsbury’s, and ex-prisoners 24 Sandberg, Sheryl 285 Sarah Blakely Foundation 195 see also Blakely, Sara SB.TV 281 Schmidt, Eric 268, 288 Scott, Robert Falcon 293 Scully, John 368 Securities and Exchange Commission 331 Seneca 141 Shakespeare, William 197 Sheeran, Ed 281 ShIFT project 355 Singapore Airlines 77, 138–9, 312 Skyteam 312 Skytrain 298, 299, 306 see also Laker Airways social enterprises 360–4 Social Tech, Social Change 363 Souter, Brian 337–8 Southwest Airlines 228–31, 233–4, 239 Soweto 286 SpaceX 247 Spanx 192–5 Spy Who Came in From the Cold, The (le Carré) 30 Spy Who Shagged Me, The 75 Star Alliance 312 Starbucks 169–70 Start-Up Loans Company 283 Steel, Joe 160–1 Stereophonics 97–8 Stevens Aviation 231 Stop and Search UK 362 Student: beginnings of 30, 279, 347 as David vs Goliath 156 Howard interview RB about 90–1 le Carré interviewed for 5, 30 Lennon interviewed for 5 RB as ‘cub reporter’ on 5 Student Loans Company 282 subprime mortgages 331 Sun Microsystems 268 T-Mobile 31 Tait, David 86, 129, 200, 250–1 and RB’s passport 256 Talisman Management 237–8 Tata Group 357 Tata, Ratan 357 team dynamics 322 see also collaboration teleprompters 84–5 Tennyson, Alfred, Lord 295 Tesla Model S 246–7 Tewson, Jane 23 Thatcher, Margaret 80, 299 Tiffany 148 Toll Group 24 TOMS 357, 359 Towers Watson 215–16 Trafalgar, Battle of 294 Trump, Donald 21, 197 Truth and Reconciliation Commission 38 Tubular Bells 134–5, 166 Tutu, Desmond 37–8 TWA 156, 300 Twain, Mark 40, 86–7, 88, 155, 180 Twitter 82, 106, 131 UN Foundation 359 Unilever 359 unions 243–4 Vega, Cecilia 285 Virgin Active 62, 108–10, 206, 207–8 quote on leadership and listening from 46 in Soweto 286 Virgin America 74, 77, 151–3, 209–10, 257, 286 cabin innovations at 371 Virgin Atlantic 70, 71–2, 74–5, 76–7, 129, 130, 144, 171–3, 200–1, 245, 333 BA’s ad battle with 172–3 and British Airways 301 cabin innovations at 371 Clubhouse Lounges of 63, 181, 183 and collaboration 312–13 complimentary limos offered by 158 and Continental Airlines 150–1 and Coutts Bank 118 as David vs Goliath 156–9 and delegation 200 and gut feeling 329 and headsets 145–6 and Heathrow emergency landing 98 inaugural flight of 255–7 and King’s ‘pirate’ gibe 301 Laker’s advice to 300 left out of flotation 165 new HQ for 121 new routes made available to 140 ‘nothing “typical” about’ 146 perceived as ‘rock-and-roll airline’ 74 RB cold-calls customers of 66–7 and RB’s ballooning 304 RB’s hands-on approach to 128 and RB’s logo stunt against BA 301–2 shiatsu massages offered by 171 single-aeroplane route flown by 156 Upper Class offered by 158, 182–3 and Virgin Mobile, parallels with 159–60 Virgin Australia (formerly Virgin Blue) 72–4, 75–6, 138–40, 236, 243, 245–6, 257 and gut feeling 329 Virgin Blue, see Virgin Australia Virgin Bride 329 Virgin Cola 58–9, 304–7, 329 Virgin Cruises 333 Virgin Digital 127 Virgin Express 243–4 Virgin Galactic 40, 103, 247, 270, 333, 371–2 Virgin Group: airlines owned by 22, 62, 257; see also individual airlines corporate culture adopted by, beginnings of 235 definition-of-leadership research among 43–7, 191 disparate range offered by 236, 243 and ex-prisoners 24 floatation of 165–6 floatation reversal by 167 head offices of 49 major lawsuits concerning 31 new corporate HQ of 258–9 note-taking among personnel of 34; see also note-taking parties thrown by, see Virgin parties and get-togethers passion as brand essence of 242 RB’s and employees’ top leadership attributions of 44–5 see also individual Virgin brands Virgin Holidays 69 Virgin Hotels 62–4, 69 Virgin Limited Edition 62, 191, 209 quote on leadership and listening from 47 Virgin Management: definition-of-leadership research by 43–7, 191 and ex-prisoners 24 Virgin Media 161–2 ads of 171 day-off-for-giving idea of 320–1 quote on leadership and listening from 46 Virgin Media Pioneers (VMP) 280–2 Virgin Mega 111–13 Virgin Megastores 126, 127–8, 181–2, 262 New York City 182 Paris 181 Virgin Mobile 159–61, 171, 285 music festival of 173–4 Virgin Mobile Australia, quote on leadership and listening from 45 Virgin Mobile FreeFest 174 Virgin Money 164, 181, 185–90, 285 ‘Everybody Better Off’ (EBO) philosophy of 188, 190 and Goldman Sachs 330–1 Lounge concept of 188–90 as Newcastle United kit sponsor 258 Northern Rock acquired by 185, 187, 257–8 and Virgin StartUp 283 Young Enterprise’s collaboration with 277–8 Virgin One 186 Virgin parties and get-togethers 253–5 at Manor, Oxfordshire 254–5 and new corporate HQ 258–9 and Northern Rock acquisition 257–8 Virgin Atlantic inaugural flight 255–7 weekend-long 255 Virgin Produced 365 Virgin Pulse 127, 359 Virgin Records 97, 245, 333 as David vs Goliath 156 first album release of 134–5 first shop of 181 and people-first culture 228 ‘Slipped Disc’ name suggestion for 170 staff member’s thefts from 22–3 ‘Virgin Shaglantic’ 75 Virgin StartUp 283 Virgin Trains 144, 247–50, 317 and Department for Transport 41 and ex-prisoners 24 and FirstGroup 335–40 and north-east derailment 343–4 quote on leadership and listening from 46 and West Coast franchise 41, 335–40 Virgin Unite 274, 280, 285, 291, 355 Virgin Way: evolution of 5 parties an essential part of 259; see also Virgin parties and get-togethers project named after 43 and testing own products 65 ‘Virgle’ 269 Vodafone 354 VOSS 355 V2 Records 97–8 Wal-Mart 349–53 Warwickshire Police 106 water saving 352–3, 354 Wayne, John 29–30 Wayne, Ronald 137 Wells, Adam 371 West Coast rail franchise 41, 335–40 Whitehorn, Will 343–4 Whiteside, George 40 wildlife crime 362–3 Winfrey, Oprah 194 women: on battlefield 295 as entrepreneurs 284–5 Working Chance 24 working from home, see home working Wozniak, Steve 137 Yahoo!


pages: 202 words: 59,883

Age of Context: Mobile, Sensors, Data and the Future of Privacy by Robert Scoble, Shel Israel

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Albert Einstein, Apple II, augmented reality, call centre, Chelsea Manning, cloud computing, connected car, Edward Snowden, Elon Musk, factory automation, Filter Bubble, Google Earth, Google Glasses, Internet of things, job automation, Kickstarter, Mars Rover, Menlo Park, New Urbanism, PageRank, pattern recognition, RFID, ride hailing / ride sharing, Saturday Night Live, self-driving car, sensor fusion, Silicon Valley, Skype, smart grid, social graph, speech recognition, Steve Jobs, Steve Wozniak, Steven Levy, Tesla Model S, Tim Cook: Apple, urban planning, Zipcar

The story was impressive back then, but, upon reflection, it only demonstrated that the charismatic Lutz could make a good case on what was the most advanced communication tool available in 2005. Consider how the newer tools of sensors, data, location and mobility have changed the game, just for auto executives, not to mention the entire automotive industry. In February 2013, John M. Broder, a respected New York Times reporter often assigned to the White House, took a Tesla Model S, an elegant electric sedan, for a test drive from Washington, D.C., to New England. He had planned to complete his ride in Boston but, instead, it was ingloriously aborted in Connecticut where the Tesla ran out of power and was towed away on the back of a truck. He photographed the power-sapped Tesla and reported having had a very bad experience in his Times review. Like Lutz, Elon Musk, Tesla founder and CEO, chose to blog his side of the story.


pages: 385 words: 101,761

Creative Intelligence: Harnessing the Power to Create, Connect, and Inspire by Bruce Nussbaum

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3D printing, Airbnb, Albert Einstein, Berlin Wall, Black Swan, clean water, collapse of Lehman Brothers, Credit Default Swap, crony capitalism, crowdsourcing, Danny Hillis, declining real wages, demographic dividend, Elon Musk, en.wikipedia.org, Eugene Fama: efficient market hypothesis, Fall of the Berlin Wall, follow your passion, game design, housing crisis, Hyman Minsky, industrial robot, invisible hand, James Dyson, Jane Jacobs, Jeff Bezos, jimmy wales, John Gruber, Joseph Schumpeter, Kickstarter, lone genius, manufacturing employment, Mark Zuckerberg, Martin Wolf, new economy, Paul Graham, Peter Thiel, race to the bottom, reshoring, Richard Florida, Ronald Reagan, shareholder value, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, six sigma, Skype, Steve Ballmer, Steve Jobs, Steve Wozniak, supply-chain management, Tesla Model S, The Chicago School, The Design of Experiments, the High Line, The Myth of the Rational Market, thinkpad, Tim Cook: Apple, too big to fail, tulip mania, We are the 99%, Y Combinator, young professional, Zipcar

CHAPTER 6 147 It was 3:44 in the morning: “SpaceX Launch—NASA,” http://www.nasa.gov/exploration/ commercial/cargo/spacex_index.html, accessed September 7, 2012. 147 The Dragon capsule was free: Clara Moskowitz, “SpaceX Launches Private Capsule on Historic Trip to Space Station,” May 22, 2012; http://www.space.com/15805-spacex-private -capsule-launches-space-station.html, accessed September 7, 2012. 147 Just days after the launch: “Space X,” accessed September 7, 2012, http://www.nasa.gov/exploration/ commercial/cargo/spacex_index.html. 148 This flight was, after all: “Elon Musk, CEO and Chief Designer,” http://www.spacex.com/elon-musk.php, accessed September 7, 2012. 148 Many know Elon Musk: Ibid. 148 pretty much at the nadir: Encyclopedia of World Biography, http://www.notablebiographies.com/news/ Li-Ou/Musk-Elon.html#b, accessed September 7, 2012. 148 By 2002, eBay realized: http://news.cnet.com/2100-1017-941964.html, accessed September 7, 2012. 148 In 2002, Musk became the CEO: Margaret Kane, “eBay picks up PayPal for $1.5 Billion,” CNET News, July 8, 2002; http://www.notablebiographies.com/news/ Li-Ou/Musk-Elon.html#b, accessed September 7, 2012. 149 A year later he founded a second: Will Oremus, “Tesla’s New Electric Car Is Practical and Affordable, as Long as You’re Rich,” Slate, June 20, 2012, accessed September 7, 2012, http://www.slate.com/blogs/future_tense/ 2012/06/20/tesla_model_s_new_electric_car_is _practical_affordable_for_the_rich.html. 149 But Musk said in his celebratory: Ibid. 149 In 2007, just before the biggest: Gabriel Sherman, “The End of Wall Street as They Knew It,” New York magazine, February 5, 2012, accessed September 7, 2012, http://nymag.com/news/ features/wall-street-2012-2/index3.html. 149 Historically, banks never accounted: Gillian Tett, Financial Times US editor and author of Fool’s Gold, shared this information at a March 10, 2010, presentation at Columbia University; Sherman, “The End of Wall Street as They Knew It.” 150 the majority of business school graduates: personal interview with Roger Martin; Rakesh Khurana, From Higher Aims to Hired Hands: The Social Transformation of American Business Schools and the Unfulfilled Promise of Management as a Profession (Princeton, NJ: Princeton University Press, 2010), 328–31, 349. 150 But by the end of the century: Ibid. 150 Top bankers received astonishing: Linda Anderson, “MBA Careers: Financial Services—A Breadth of Opportunity,” Financial Times, January 29, 2007, accessed September 7, 2012, http://www.ft.com/intl/cms/s/2/ 3baa68a4-ad5a-11db8709-0000779e2340,dwp_uuid=991cbd66-9258-11da -977b0000779e2340.html#axzz22nEQOvia. 150 When BusinessWeek ran: January 31, 2000, issue, cover story by Michael Mandel. 151 An inequality gap: Sam Pizzigati, “Happy Days Here Again, 21st Century–Style,” Institute for Policy Studies, March 13, 2012, accessed September 7, 2012, http://www.ips-dc.org/blog/ happy_days_here_again_21st_ century-style. 151 Alice Waters’s groundbreaking organic: “About Chez Panisse,” http://en.wikipedia.org/ wiki/Chez_Panisse, accessed September 7, 2012. 152 Just as important, Gen Y: I joined Parsons in 2008, and I am indebted to my Parsons students for these and other insights into Gen Y culture. 152 You can pay about a hundred bucks: TechShop website, http://www.techshop.ws/, accessed September 7, 2012. 152 Make magazine, launched in 2005: http://makezine.com/magazine/, accessed September 7, 2012. 153 The Faires celebrate “arts, crafts”: http://makerfaire.com/newyork/2012/index.html, accessed September 7, 2012. 153 Generation Y, on the other hand: interviews with Kelsey Meuse in my classroom and after graduation. 154 Bombarded with as many as five thousand: Louise Story, “Anywhere the Eye Can See, It’s Likely to See an Ad,” New York Times, January 15, 2007, accessed September 5, 2012, http://www.nytimes.com/2007/01/15/business/ media/15everywhere.html?


pages: 352 words: 104,411

Rush Hour by Iain Gately

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Albert Einstein, autonomous vehicles, Beeching cuts, blue-collar work, British Empire, business intelligence, business process, business process outsourcing, call centre, car-free, Clapham omnibus, cognitive dissonance, congestion charging, connected car, DARPA: Urban Challenge, Dean Kamen, decarbonisation, Deng Xiaoping, Detroit bankruptcy, don't be evil, Elon Musk, extreme commuting, Google bus, Henri Poincaré, Hyperloop, Jeff Bezos, low skilled workers, postnationalism / post nation state, Ralph Waldo Emerson, remote working, self-driving car, Silicon Valley, stakhanovite, Steve Jobs, telepresence, Tesla Model S, urban planning, éminence grise

Musk’s success is down to flair and lateral thinking. When he started Tesla, most electric car manufacturers were building small autos for eco-warriors (who’d rather not be seen on wheels at all), or making wolves in sheep’s clothing – SUVs with large petrol and small ancillary electric motors – in order to take advantage of grants for green vehicles. Musk instead went for comfort and performance. The Tesla Model S does 0 to 60 mph in 4.2 seconds, tops out at 130 mph, and has more boot room and better safety standards than a Volvo. Musk’s ambition is to retire to Mars. His counterproposal to the CHSR is the ‘Hyperloop’, a part pneumatic, part electromagnetic and part solar-powered system, which he claims could fly pods of commuters through elevated steel tubes between San Francisco and LA in about half an hour for a tenth of the price of building its rival.


pages: 677 words: 206,548

Future Crimes: Everything Is Connected, Everyone Is Vulnerable and What We Can Do About It by Marc Goodman

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23andMe, 3D printing, additive manufacturing, Affordable Care Act / Obamacare, Airbnb, airport security, Albert Einstein, algorithmic trading, artificial general intelligence, augmented reality, autonomous vehicles, Baxter: Rethink Robotics, Bill Joy: nanobots, bitcoin, Black Swan, blockchain, borderless world, Brian Krebs, business process, butterfly effect, call centre, Chelsea Manning, cloud computing, cognitive dissonance, computer vision, connected car, corporate governance, crowdsourcing, cryptocurrency, data acquisition, data is the new oil, Dean Kamen, disintermediation, don't be evil, double helix, Downton Abbey, Edward Snowden, Elon Musk, Erik Brynjolfsson, Filter Bubble, Firefox, Flash crash, future of work, game design, Google Chrome, Google Earth, Google Glasses, Gordon Gekko, high net worth, High speed trading, hive mind, Howard Rheingold, hypertext link, illegal immigration, impulse control, industrial robot, Internet of things, Jaron Lanier, Jeff Bezos, job automation, John Harrison: Longitude, Jony Ive, Julian Assange, Kevin Kelly, Khan Academy, Kickstarter, knowledge worker, Kuwabatake Sanjuro: assassination market, Law of Accelerating Returns, Lean Startup, license plate recognition, litecoin, M-Pesa, Mark Zuckerberg, Marshall McLuhan, Menlo Park, mobile money, more computing power than Apollo, move fast and break things, Nate Silver, national security letter, natural language processing, obamacare, Occupy movement, Oculus Rift, offshore financial centre, optical character recognition, pattern recognition, personalized medicine, Peter H. Diamandis: Planetary Resources, Peter Thiel, pre–internet, RAND corporation, ransomware, Ray Kurzweil, refrigerator car, RFID, ride hailing / ride sharing, Rodney Brooks, Satoshi Nakamoto, Second Machine Age, security theater, self-driving car, shareholder value, Silicon Valley, Silicon Valley startup, Skype, smart cities, smart grid, smart meter, Snapchat, social graph, software as a service, speech recognition, stealth mode startup, Stephen Hawking, Steve Jobs, Steve Wozniak, strong AI, Stuxnet, supply-chain management, technological singularity, telepresence, telepresence robot, Tesla Model S, The Wisdom of Crowds, Tim Cook: Apple, trade route, uranium enrichment, Wall-E, Watson beat the top human players on Jeopardy!, Wave and Pay, We are Anonymous. We are Legion, web application, WikiLeaks, Y Combinator, zero day

Anytime a purchase takes place, it is recorded in a public ledger known as the “blockchain,” which ensures no duplicate transactions are permitted. Bitcoin is the world’s largest crypto currency, so-called because it uses “cryptography to regulate the creation and transfer of money, rather than relying on central authorities.” Bitcoin acceptance is growing rapidly, and it is possible to use Bitcoins to buy cupcakes in San Francisco, cocktails in Manhattan, and a Subway sandwich in Allentown. They can also be used to purchase a new Tesla Model S, to pay your DIRECTV bill, to sign up with OkCupid, or even to book a ticket on Richard Branson’s upcoming Virgin Galactic space flight. Because Bitcoin can be spent online without the need for a bank account and no ID is required to buy and sell the crypto currency, it provides a convenient system for anonymous, or more precisely pseudonymous, transactions, where a user’s true name is hidden.


pages: 669 words: 210,153

Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers by Timothy Ferriss

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Airbnb, artificial general intelligence, asset allocation, Atul Gawande, augmented reality, back-to-the-land, Bernie Madoff, Bertrand Russell: In Praise of Idleness, Black Swan, blue-collar work, Buckminster Fuller, business process, Cal Newport, call centre, Checklist Manifesto, cognitive bias, cognitive dissonance, Colonization of Mars, Columbine, correlation does not imply causation, David Brooks, David Graeber, diversification, diversified portfolio, Donald Trump, effective altruism, Elon Musk, fault tolerance, fear of failure, Firefox, follow your passion, future of work, Google X / Alphabet X, Howard Zinn, Hugh Fearnley-Whittingstall, Jeff Bezos, job satisfaction, Johann Wolfgang von Goethe, Kevin Kelly, Kickstarter, Lao Tzu, life extension, Mahatma Gandhi, Mark Zuckerberg, Mason jar, Menlo Park, Mikhail Gorbachev, Nicholas Carr, optical character recognition, PageRank, passive income, pattern recognition, Paul Graham, Peter H. Diamandis: Planetary Resources, Peter Singer: altruism, Peter Thiel, phenotype, post scarcity, premature optimization, QWERTY keyboard, Ralph Waldo Emerson, Ray Kurzweil, recommendation engine, rent-seeking, Richard Feynman, Richard Feynman, risk tolerance, Ronald Reagan, sharing economy, side project, Silicon Valley, skunkworks, Skype, Snapchat, social graph, software as a service, software is eating the world, stem cell, Stephen Hawking, Steve Jobs, Stewart Brand, superintelligent machines, Tesla Model S, The Wisdom of Crowds, Thomas L Friedman, Wall-E, Washington Consensus, Whole Earth Catalog, Y Combinator

The real-time nature of Twitter allows news stories to break faster than traditional media (even at the time, my startup, Digg). In allowing myself to feel these features through the eyes of the users, I can get a sense of the excitement around them. * * * This type of thinking can also be applied to larger industry trends. My colleague and friend David Prager was one of the first owners of the Tesla Model S. The second he received the car he graciously allowed all of his friends to test-drive it. What stuck with me most was not the car, but the sound it made. When he dropped me off, he slammed on the acceleration pedal and was whisked up a large San Francisco hill. All I heard was the electric swish/hum of acceleration. For me, this was like so many sci-fi movies I had seen growing up—it sounded like the future.