So what does the future look like ? Here is a list of startups in Silicon Valley that are gaining traction as of July 23rd, 2013 that would provide you a glimpse of technology innovations for the future.
1) Realtime Machine Translation : Reduces importance of native language.
This is probably going to be one of the sleeper hits of the decade. Machine Translation,once integrated into your cell phone , you can speak in a cell phone and the person on the other end can hear your voice but speaking chinese and vice versa.
2) 3D Printer – Reduces patent/political restrictions on Physical Goods.
ZCorp had introduced a machine that replicates any tool using a 3D Copy machine. Watch the demo of how the ZCorp’s 3D printer produces a 3D print of a spanner in the video link above
3) MOOC ( Massive Open Online Course ) – Reducing Educational Costs
Daphne Koller spotted countries like South Africa where in january in the University of Johannesburg, we witnessed thousands of applications lined up for registration ending up in a stampede and it ultimately led to the death of women who like many parents aspired to give her son the best quality education.
4) YCRFS 9 – Lets Kill Hollywood.
Requoting YCRFS 9-> “The people who run Hollywood are so mean and so politically connected that they could do a lot of damage to civil liberties and the world economy on the way down. It would therefore be a good thing if competitors hastened their demise. How do you kill the movie and TV industries ? Filesharing. That’s one reason we want to fund startups that will compete with movies and TV, but not the main reason. The main reason we want to fund such startups is not to protect the world from more SOPAs, but because SOPA brought it to our attention that Hollywood is dying.”
5) Seasteading – Facilitating emigration and reducing political constraints
The Seasteading Institute is a nonprofit organization , working to enable seasteading communities – floating cities – which will allow the next generation of pioneers to test new ideas for government. The most successful can then inspire change in governments around the world.
6) Crowdfunding – Reducing the importance of Silicon Valley VC, banks.
Investment Bankers have traditionally been the gatekeepers of access to the capital markets. It is time for crowdfunding to play a greater role.
7) Bitcoin – reducing reliance on single reserve currency, banks.
Bitcoin is one of the first implementations of a concept called crypto-currency, which was first described in 1998 by Wei Dai on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of a new form of money that uses cryptography to control its creation and transactions, rather than relying on central authorities.
8) Telepresence Robots and Drones – reducing the importance of physical location.
Watch how a Robot orders a cake from Red Rock Coffee in Mountain View, CA.
All right. We’ve just talked about the technological trends in the Valley. Please share your view on the above innovations and which of these you consider the most innovative and the real game-changer ? Thanks for reading.
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