The Coming Tech-led Boom

WALL STREET JOURNAL In January 1912, the United States emerged from a two-year recession. Nineteen more followed—along with a century of phenomenal economic growth. Americans in real terms are 700% wealthier today. In hindsight it seems obvious that emerging technologies circa 1912—electrification, telephony, the dawn of the automobile age, the invention of stainless steel and…

The Good News Behind the Zynga IPO And What it Says About the New Economy

With headlines featuring words like fizzle and slump, do we conclude from Friday’s “disappointing” IPO of Zynga [ZNGA:NASDAQ] that social media is a bubble that’s run its course?  Hardly.  We are witnessing the inverse: the real beginning. By any reasonable business standard, especially in these dismal economic times, it is remarkable that a four-year old…

Crowdsourcing Innovation In New York City: Cornell v Stanford

I know Mayor Bloomberg did not use the 21st century word “crowdsourcing” this past July in his innovation initiative speech.  He talked instead in old-speak, about providing “infrastructure upgrades” and enabling a “critical mass” of talent to allow New York City to reclaim “our title as the world capital of technological innovation.” For those sleeping…

The Relentless Pursuit of Magical Energy

I’m going to go out on a limb here with a prediction.  The energy world will look exactly the same the day after October 28th, 2011, as it did yesterday.  Why?  On October 28th we’re expecting a public demonstration of a “revolutionary” new energy device in Bologna, Italy.  The magic technology?  Another too-cheap-to-meter construct called…