Monday, October 31, 2016

Chose chicken

Michael is 33 years old and has an MBA from Harvard Business School. He interned at Google one summer, says he loved the spirit and the energy there. For two years he was a brand strategist at Facebook, says they have a mentality to "move fast and break things."

Obviously Michael has business credentials. But he's no longer in Silicon Valley. He left his high-profile experiences to work at Chick-fil-A in Atlanta.

“People who ask why I left Silicon Valley haven’t experienced the culture of Chick-fil-A,” he says. “There is such a strong culture built on relationships and valuing one another . . [it brings] out the best in people, fulfilling leadership potential, and great business performance.” 

Michael gathered a team to "expand their digital footprint," including a new app. "For the first three days after launch, it was #1 free app in the App Store, ahead of apps like Facebook. Since it was launched on June 1, it has been downloaded over 7 million times."

Friday, October 28, 2016

Using water

By 2025, two-thirds of the world may be "water-stressed" according to the U.N. Global attention is on better ways to use it and preserve clean water. Two locations are doing a good job of that.

Las Vegas gets only four inches of rain per year. Remarkably, "The region’s water use declined by 34 billion gallons, or 30 percent, between 2002 and 2015, despite a population gain of more than 560,000 people2."

Israel is another example of water use innovation. Despite having a desert climate, their methods have resulted in abundant usable water.

Thursday, October 27, 2016

ByFusion 2

(cont'd from yesterday's post)



This sounds good, and I hope they make it. But the odds are certainly against them. Most - and we're talking 80% here so it's a huge "most" - businesses fail. Surprised? They'll have to keep their costs down, be smart, figure out who their customers will be and exactly what they want, and set a price that those customers will freely choose to pay.

This sounds good, and I hope they make it.

Wednesday, October 26, 2016

ByFusion

"There's no shortage of plastic in the ocean: un-recycled plastic from toys, containers, skin cleansers and countless other things fill the oceans in startling volume." That's the raw material which ByFusion uses to make a new building product.

What could be better than taking a problem waste material and turning it into the raw material for something so useful? 



(cont'd tomorrow, the innovative building product)

Tuesday, October 25, 2016

Mama Rwanda

Rwanda lost hundreds of thousands of lives, maybe a million, in 1994. The mass murders created horrific memories that many of today's adults have to live with. Read some of the background under the "Rwanda" label on the right.

Women make up 70% of the population, often without husbands to help raise the children. A film has been made to tell the story of how some of them have managed to survive. It's called "Mama Rwanda."

Monday, October 24, 2016

Re-gen village

Off-the-grid, is it really possible? Could be the energy grid or the food grid or some other grid, or all of the above. But some inventors and designers are giving serious thought as to how to accomplish living without dependence on public or government-provided necessities.

Regen Villages has a vision to engineer and facilitate "the development of integrated and resilient neighborhoods that power and feed self-reliant families around the world."


"In ReGen villages, household food waste is composted and fed to flies, which in turn feeds fish, which then fertilizes aquaponic gardens (multi-layered systems that combine fish farming and hydroponic agriculture, with plant roots submerged in nutrient-rich solution rather than soil). Those aquaponic farms grow produce for residents to eat, as do seasonal gardens, which are be fertilized by waste from livestock raised to feed residents. Rainwater is harvested and filtered for use in the farms and gardens, and on-site solar panels power the homes."

Friday, October 21, 2016

Grown up skills

A former Stanford University dean has noticed gaps in the maturity of college students. Here are those gaps . . and what you parents can do for your teenagers while still at home:
  1. They can't positively engage with strangers - teach them to approach strangers respectfully and with eye contact
  2. They don't know how to get around independently - give them experiences with transportation
  3. They can't manage their schedules - help them figure it out in high school
  4. They don't know how to contribute to the running of a household - give them responsibilities
  5. They are helpless in conflict - don't solve all their relationship challenges for them
  6. They can't bounce back after trouble - let them fail sometimes
  7. They can't earn and manage money - let them have a part time job in hs
  8. They think someone else will plan and run their lives - let them make decisions and enjoy the consequences

Thursday, October 20, 2016

Carbon prize

(cont'd)

In addition to the Lunar Prize (Tuesday's post), XPrize intends to give $20 million away in competition for the Carbon Prize. "Teams will be scored on how much CO  they convert and the net value of their products."

The winning team will be the one that does the best job of capturing carbon dioxide, a gas, and transforming it into something of value. 

Already CO2 is a component  in lots of things, like baking soda, durable plastics (think Legos), cement, concrete. The competing teams are working on fuels, nanotubes, and much more.



"The diversity of products we can make from CO2 is truly astounding. Imagine a world where one of our greatest liabilities (CO2) becomes an asset." 

Wait . . I can't agree with XPrize on that last point. The gas that is essential for all green plant life - and thus most of life on earth - just shouldn't be called "one of our greatest liabilities." It is an asset, a life enabler. If it can also be made into additional useful things because of this contest, all the better.

Wednesday, October 19, 2016

XPrize

(cont'd)

"XPRIZE is a non-profit organization that designs and manages public competitions intended to encourage technological development that could benefit mankind." Lunar X Prize (yesterday's post) is just one of seven that XPrize Foundation is currently trying to give away.

Here's how they describe what they do"XPRIZE is an innovation engine. A facilitator of exponential change. A catalyst for the benefit of humanity." 

I like what they say they believe in:
  • competition
  • incentives
  • big challenges
  • human potential

(cont'd tomorrow)

Tuesday, October 18, 2016

Moon prize

Someone is going to get a prize of $30 million for going to the moon. It's been more than forty years since we did that, and XPrize wants to inspire someone - not a government - to make it there again.

Thirty teams around the world are hoping to be the successful one. After overcoming every challenge to get there, the spacecraft will have to move 500 meters and then start sending videos and photos back to earth.

The deadline used to be 12.31.15, but with no winner by then it was extended to 12.31.16.



(cont'd tomorrow)

Monday, October 17, 2016

No monopoly

Cell phones replaced dial phones years ago because they worked better for us customers.  You're probably glad the government didn't step in to stop them from competing with the old technology. You and everyone else on the planet prefer the new technology.

It's called "creative destruction" because demand for the old product is destroyed when a better product comes along. Makers and sellers of the old product may fight it. We could be in at least a couple of cycles of creative destruction now, both involving the car industry.


Taxi-cab companies in Chicago lost an attempt last week to get a court decision against their competition, Uber and Lyft. The judge basically said no company has a right to monopoly.

"Our economy depends on constant innovation – and that sort of innovation can’t occur when governments allow themselves to be used by existing businesses to shield themselves from competition."

Friday, October 14, 2016

Property law

(cont'd from yesterday's post)

When there's no rule of law, there's rule of the jungle.

Watch (African) Herman Chinery in this video saying (at 1:13) that the lack of property rights under the law is a "terrible, terrible problem." He asks us to imagine the plight of farmers who lack law-protected rights to the land that they farm. He says that farmers in Ghana have to buy their land four or five times.

Thursday, October 13, 2016

Law protects

(cont'd from yesterday's post)

The rule of law helps obtain justice for the poor and powerless. Just outside Buenos Aires, Argentina, the area of La Cava lacks the protection of the rule of law.

Without clear property title, it's hard to prove your property belongs to you. Without lawful enforcing of contracts, it's hard to go after the compensation you negotiated. Without access to courts, it's hard to pursue your "just reward."

Wednesday, October 12, 2016

Rule of law

Two-thirds of the world's countries operate under the "rule of man," which means that men and women with power can reward their friends, punish their enemies, and ignore the insignificant. They are largely free to govern as they like.

One-third of the world's countries operate under "rule of law," which means there are stable, reasonable laws that apply to everyone.

It should be obvious which system enables more people to live and create.



(cont'd tomorrow)

Tuesday, October 11, 2016

How hyped?

(cont'd from yesterday's post)

According to this article, Tesla's CEO Elon Musk is a "hypester," a king of hype. Musk said, "We know exactly what to do, and we’ll be there in a few years. We’ll take autonomous cars for granted in quite a short period of time."

Lyft co-founder says, "Autonomous vehicle fleets will quickly become widespread and will account for the majority of Lyft rides within 5 years. By 2025, private car ownership will all-but end in major U.S. cities."

Author Lambert Strether says these quotes demonstrate extremely hyped excitement over  self-driving cars. He quotes a couple of experts who think the technology is "not even close."

The director of robotics for Carnegie-Mellon University says, "With autonomous cars, you see these videos from Google and Uber showing a car driving around, but people have not taken it past 80 percent. It’s one of those problems where it’s easy to get to the first 80 percent, but it’s incredibly difficult to solve the last 20 percent."

This post is based on this article. For an attack on Tesla's safety claims, go here.

Monday, October 10, 2016

Hyped tech

Tesla Motors has made a big impression on the public. Its CEO drives the company to thrilling innovation, but there's some skepticism that Tesla will ever be able to deliver on all its promises.

Since the Model 3 was unveiled last spring, Tesla has received over 400,000 pre-orders from excited fans who paid $1000 each. Those wannabe customers - and the general public - want Tesla to succeed. But the risk that it won't succeed is still uncomfortably high.


A key element of excitement about Tesla is its promise that autonomous (self-driving) cars are really coming soon. But technical experts think fully autonomous (also known as Level 5) cars are not even on the horizon.

Incremental improvements, like "predictive brake priming" by Mercedes-Benz, can bring us a little closer. But what's required for a driver to completely disengage (like, go to sleep) is a level of complexity beyond all the improvement tweaks. See tomorrow's post.


Thursday, October 6, 2016

New Uber use

Summit, New Jersey, had a dilemma. Many of its residents commute by train to NYC, leaving their car in a parking lot at the train station. That lot was too small to handle all the cars so they were looking at building a new parking lot for about $10 million.


Then someone got a great, innovative idea - contract with Uber to get some of those commuters to and from the train station and forget about the new parking lot (because commuters won't need to leave their car there).

The city wins because they don't want to waste space on another parking lot and because this solution will cost far less ($167k the first year). Uber drivers win because they have reliable new demand for their product.

Innovative thinking has created another win-win situation.

(from buzzfeed)

Wednesday, October 5, 2016

NZ reforms

If it had not been for Lord of the Rings being filmed there, some of us would not know anything about New Zealand. Go here to see the natural diversity of this beautiful island-nation.


 Around the time that they were ending farm subsidies (Monday's and Tuesday's posts), they were making other really significant reforms.

The Dept. of Transportation had 5,600 employees,  which they shrunk down to 53 employees. The same thing was done to 35 agencies. Those agencies cost New Zealanders $l billion before the reforms, but after the reforms they made about a billion in revenues and taxes.

There were lots of reforms and they resulted in more prosperity and more freedom for those kiwis. Go here to find out how they did it.

Tuesday, October 4, 2016

Subsidies cut

(cont'd from yesterday's post)

It was a shock when New Zealand suddenly stopped giving subsidies to farmers for growing what the experts told them to. They knew it would be hard on farmers to adjust to a more free economy, and it really was.

But only 1% of farmers took the government's offer of an "exit grant," two-thirds of their former farm income if they wanted to give up on farming.

Having been through pain, we can say going cold turkey was the right thing—although frankly I don’t think any other country would do that and I wouldn’t expect them to either, because the social pain would be too much to bear,” says an official. 

But here, we’ve developed a newfound sense of resourcefulness that has encouraged farmers to look after their own interests. For many farmers, I think they underestimate just how good they are, just how successful they can be without government support.”

They don't claim to know that this can work for every nation, but the Federated Farmers of New Zealand says “In our experience, farmers do not want subsidies back. Most farmers want government out of their lives and do not want to be beholden to it.”

Monday, October 3, 2016

Subsidy gone

New Zealand's government used to subsidize farm production. That is, it paid farmers to grow what the government wanted them to grow. A subsidy is money or financial favor. In the 1980's, subsidies were discontinued. Farmers would have to make their own decisions.

There have been good results:  "Since the reforms, New Zealand farmers have cut costs, diversified their land use, and developed new products," like 2200 dairy products compared to the 35 they used to produce.

  
photo: radionz.co.nz

But there is a bad result. Certain bureaucrats (the ones who used to tell farmers what to grow and how much they would be paid) have lost their jobs. They will have to get a new job, maybe making something that people want. So the government overall has lost some power over the people, who are now more free to create and innovate.

 Wait . . that's a good result.

(cont'd tomorrow)