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It is important in any population to have an ecosystem around start-up ideas to leverage the most out of them such an ecosystem needs developing and most of this is about giving entrepreneurs confidence.
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An entrepreneur is someone who dares to dream the dreams and is foolish enough to try to make those dreams come true.
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We humans think linearly but tech trends are exponential.
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Now it will take a long time to scale biofuels, but I'm the only one in the world forecasting oil dropping in price to $35 a barrel by 2030. I'll put it on the record: Oil will not be able to compete with cellulosic biofuels. If you do it from food, the food will get so expensive you can't make fuel out of it.
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Maybe some percentage that’s substantially larger than 95 percent of VCs add zero value. I would bet that 70-80 percent add negative value to a startup in their advising.
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Doctors can be replaced by software – 80% of them can. I’d much rather have a good machine learning system diagnose my disease than the median or average doctor.
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I don’t mind the low probability of success, but it better be impactful if we do succeed.
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The world is hung up on food-based biofuels. Not only are they the wrong thing, they're the uneconomic thing.
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The right way to build a company is to experiment in lots of small ways, so that you have plenty of room to make mistakes and change strategies.
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If I collected all the diamonds in the world, I'd have no 'income' but I'd have a lot of 'assets'. Would my company be worth nothing because I have no income? A lot of Net companies are collecting assets. They have to be measured with a new set of metrics.
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No one will pay you to solve a non-problem.
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For electric power generation, we are very optimistic about solar-thermal technology, and we’re intrigued by the potential of enhanced geothermal energy to replace coal-based power generation. Traditional carbon capture and sequestration-based coal power generation is somewhat unlikely to be competitive.
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The U.S. has fallen well behind Europe in recognizing climate change and the implications of climate change.
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Electric cars are coal-powered cars. Their carbon emissions can be worse than gasoline-powered cars.
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Communication always changes society, and society was always organized around communication channels. Two hundred years ago it was mostly rivers. It was sea-lanes and mountain passes. The Internet is another form of communication and commerce. And society organizes around the channels.
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Religion asks you to believe things without questioning, and technology and science always encourage you to ask hard questions and why it is important in science and technology. So I was always interested in science and technology.
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Your cellphone has 10 sensors, and your car has 400. But your body has none - that's going to change.
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I'm a fiscal hawk. I vote against all taxes, but I do believe the environment, and climate change, is a bigger issue than fiscal deficits are as a risk to the nation.
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Setting an aggressive enough carbon-reduction goal will result in an appropriate price for carbon and will help many a renewable technology. Consumer education will help. Most importantly, though, will be the continually declining cost trajectory of the real breakthrough in clean-technology costs driven by research and innovation. In the end, private capital is the real barometer of change.
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Certain food-based biofuels like biodiesel have always been a bad idea. Others like corn ethanol have served a useful purpose and essentially are obsoleting themselves.
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As for companies invested in the space - I think its important to distinguish between a good investment and a material climate change technology - you can have the first without the second, even in the "clean tech" space.
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By 2025, 80 percent of the functions doctors do will be done much better and much more cheaply by machines and machine learned algorithms.
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If I wanted to be a doctor today I'd go to math school not med school.
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Innovative, bottom-up methods will solve problems that now seem intractable—from energy to poverty to disease. Science and technology, powered by the fuel of entrepreneurial energy, are the largest multipliers of resources we have to solve our many social problems.