Tag Archives: innovation

Chris Christie sells out to the car dealers and hurts consumers, blocks Tesla’s direct sales model

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Why in the world can’t I go to Toyota.com, pick out a new car, customize it, do the financing if need be, and then have it delivered to me in a couple of days? It would save me time, money, and hassle.

The answer: Car dealerships.

They don’t want you or me buying directly from the company even though the cost to me and you would likely be considerably lower. Dealerships make their money on the markup and they are not interested in just closing up shop even if their entire business model is completely outdated. So the dealers have gone to the state governments in an effort to ban direct sales. Sadly for us they have been successful in some places.

Take for instance the regulations New Jersey just approved.

(From The Wall Street Journal)

The New Jersey Motor Vehicle Commission approved a rule change Tuesday that would require auto retailers to have a franchise agreement with an auto manufacturer to be granted a license to sell cars in the state.

Tesla owns its stores, selling directly to consumers, something that dealer groups in New Jersey and other states have fought, primarily through legislation.

A Tesla executive said the move amounts to a “death penalty” to its auto retail outlets in New Jersey and could encourage regulators in other states to follow suit.

The rule, which deals with the licensing of auto dealers, would require that a person have a franchise agreement with an auto manufacturer to be granted a license.

Tesla’s vice president of business development, Diarmuid O’Connell, said during a conference call Tuesday that New Jersey Gov. Chris Christie’s administration “abrogated” an agreement to hold off action on the proposal by the state’s Motor Vehicle Commission.

Click here for the article.

Why A Decentralized, Digital Economy Is A Magnet For Innovation

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Decentralized, open sourced economic action is the way forward. Instead of the centralized and highly hierarchical economic models of the 20th Century, the 21st Century (or at least much of the 21st Century) will be defined by organic and evolving economic activity.
Continue reading Why A Decentralized, Digital Economy Is A Magnet For Innovation

How taxi cartels resort to desperate measures to kill innovation and save their crumbling industry.

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Despite this latest effort by taxi companies to exploit a tragic accident caused by an Uber driver, the people (aka the market) have spoken.
Continue reading How taxi cartels resort to desperate measures to kill innovation and save their crumbling industry.

Big Tech moves to counter the NSA on the lobbying front

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The fight for policy is often fought along K Street not in the Capitol or in the White House. In Gucci Gulch the future of industries is worked out. Who gets government largess, who does not. Who gets what contract, who does not. Who gets surveilled and…

Continue reading Big Tech moves to counter the NSA on the lobbying front

Military may soon be Google’s biggest customer

I am a big fan of Google generally. I think Gmail is a fantastic product, same for Google Earth, Google Translate, and many other programs I use all the time. Not to mention the search engine which continues to lead the pack. But the thought of Google partnering with the US military to create an army of “terminator-like” robot warriors (with taxpayer funds of course) should be of concern to just about everyone. At least it is for me.
Continue reading Military may soon be Google’s biggest customer

Forget Mega-Corporations, Here’s The Mega-Network

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Yes the brain implants are coming. One had better get used to this fact. But it probably won’t be put there by tech developed by a megacorporation. It is more likely that the chip will be developed by a small company working in some cases with other relatively small companies.

Giant corporations are slow to move and for the wealth associated with such firms (currently) smaller firms with access to capital and know-how, via networks, are a much more viable model in the dynamic economic ecosystem which envelops the world.

Of course then there’s Google.

Continue reading Forget Mega-Corporations, Here’s The Mega-Network

Innovation Is the Only Way Forward

We at The Future 500 believe absolutely in the idea that innovation, constant innovation, is a key element to the 21st Century. Those who embrace the chaos of innovation and the the order of disorder will succeed, some beyond their wildest dreams. Those who do not will be left behind. This goes for countries, companies, and individuals. Create and think, or don’t. But the second option is not going to be a pleasant one.

Click here for the article.

A New “Digital Cold War” Emerges

Last week in Dubai, Russia, China, the Arab countries, and much of Africa voted to end the Internet as an international , free and open space. They have voted instead to allow for the partitioning of the Net, in an effort to keep information – and people well regulated.

(From PCMAG.com)

“The Internet Society came to this meeting in the hopes that revisions to the treaty would focus on competition, liberalization, free flow of information and independent regulation – things that have clearly worked in the field of telecommunications,” she said. “Instead, these concepts seem to have been largely struck from the treaty text.”

Click here for the story.

What is the Future of Farming?

How will we double the food supply? We’d better figure it out because the world population will likely double in this century.

Is the future in bioengineering? It’s going to be a big part of it to be sure. And it’s not as evil as it is often made out to be.

However, GMO foods have raised concerns over fertility, among other issues, which we are just beginning to understand.

Regardless, bioengineering may be worth the cost if the use of pesticides can be reduced and productivity increased for hungry peoples in the developing world.

Below is a bit of a commercial for bio-engineering from The University of California, but it is also a very good introduction to what is going on at the bleeding edge of agriculture.

Click here for the video.