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Comment by Animats

Who's big and a steady money-loser? Twitter? Uber? Who else?

Investors may demand liquidation before money-losing companies with cash run through all their capital. Stockholders have the power to force that, unless there's some two-tier stock deal such as Google and Facebook have, but Twitter does not.

What's the next big thing?

- Self-driving cars that actually work are about three years from commercial deployment. What businesses will be created around that? Automated parking garages? Car-sharing? LIDAR manufacturing?

- In a few months, the Chevy Bolt will be shipping. More charging stations will be needed. Over the next decade, a need for a huge number of charging points will appear. Somebody has to build those.

- Surveillance cameras, including car dashcams, coupled to face recognition and AI. Big Brother where something is always watching. But who? Google? Samsung? ADT? G4S? NSA?

- The blue-sky possibility: Lockheed-Martin's Skunk Works succeeds in building a usable fusion reactor. They're not saying much other than that they've made enough progress to justify investing more of their own funds. The Skunk Works has a good track record of doing things others thought impossible. (The U-2, the SR-71, the F-117, the F-22, and probably some things that haven't been made public yet.) If that works, the world changes in a big way.

Probably not the next big thing:

- Virtual reality. There's still no killer app, and we're into the holiday shopping season. The hardware problem has been solved, and nobody cares. It's the new 3D TV.

- 3D printing. There are lots of good 3D printers, and they're bought by the same people who buy milling machines. They're a useful industrial tool. But home printing? Not happening.

- Internet of Things. It's mostly gimmicks so far. IP-addressable lightbulbs just aren't that useful. There's going to be a lot of crap manufactured, but it may just be a fad like hoverboards and CB radio.

- Hydrogen-powered cars. This is Toyota's answer to electric cars, and they're on sale now in California. They've sold about 700 of them in the US so far.

parent Animats 10 years ago

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