Emerging Tech
What is Artificial Intelligence?
It is a traditional business model where the retailers, wholesalers, and manufacturers deal with the customers face-to-face in an office, a shop, or a store that the business owns or rents.
What is Brick-and-Mortar?
It is a category of company that is in a scenario of uncertainty, scarcity of resources (time, money and people), replicable and scalable products.
What is a Startup?
He was born in Albuquerque, New Mexico, and raised in Houston, Texas.
He graduated from Princeton University in 1986 with degrees in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994.
He founded aerospace company Blue Origin in 2000 and purchased The Washington Post in 2013. He manages other business investments through his venture capital fund.
Who is Jeff Bezos?
Term referring to all real-and-virtual combined environments and human-machine interactions generated by computer technology and wearables. It includes representative forms such as augmented reality (AR) and virtual reality (VR).
What is XR (eXtended Reality)?
This is one of the most common business models on the Internet. Companies offer basic services to the customers for free while charging a certain premium for extra add-ons. So there will be multiple plans with various benefits for different customers. Generally, the basic service comes with certain restrictions or limitations, such as in-app advertisements, storage restrictions etc., which the premium plans shall not have.
What is Freemium?
A collaborative program designed to help new startups succeed. It helps entrepreneurs solve some of the problems commonly associated with running a startup by providing workspace, seed funding, mentoring, and training.
What is a (startup) incubator?
He moved to Canada when he was 17 to attend Queen's University. He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a degree in physics from the College of Arts and Sciences. He began a Ph.D. in applied physics and material sciences at Stanford University in 1995 but dropped out after two days to pursue an entrepreneurial career. He subsequently co-founded Zip2, a web software company, which was acquired by Compaq for $340 million in 1999.
Who is Elon Musk?
It will leverage different physical phenomena from the classical computers - superposition, entanglement, and interference - to manipulate information, different from storing information as binary 0 and 1 states.
What is Quantum Computing (Quantum Computers)?
If customer acquisition costs are high, this business model might be the most suitable option. The subscription business model lets you keep customers over a long-term contract and get recurring revenues from them through repeat purchases. Ex: Netflix, Dollar Shave Club.
What is Subscription?
The name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It usually comes from venture capital firms, although angel investors may also be involved.
What is Series A Funding?
He applied for 30 different jobs and got rejected by all. "I went for a job with the police; they said, 'you're no good'". "I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. I was the only guy ...".
Who is Jack Ma?
An area from Artificial Intelligence that deals with how computers can be made to gain high-level understanding from digital images or videos. From the perspective of engineering, it seeks to automate tasks that the human visual system can do.
What is Computer Vision?
A business model that involves the users to contribute to the value provided. This business model is often combined with other business and revenue models to create an ultimate solution for the user and to earn money. Examples of businesses using this business model are Wikipedia, reCAPTCHA, Duolingo, etc.
What is Crowdsourcing?
The use of right resources to understand and connect corporations and startups to start a business relationship.
What is bridge making / bridge maker?
While at the University of Michigan, he created an inkjet printer made of Lego bricks (literally a line plotter).
Together with Sergey Brin, they developed a research project, nicknamed "BackRub" and authored a research paper titled "The Anatomy of a Large-Scale Hypertextual Web Search Engine", which became one of the most downloaded scientific documents in the history of the Internet at the time.
Who is Larry Page?
A physical phenomenon which occurs when pairs or groups of particles are generated, interact, or share spatial proximity in ways such that the quantum state of each particle cannot be described independently of the state of the other(s), even when the particles are separated by a large distance.
What is (Quantum) Entanglement?
With the advent of the internet, there has been an increase in the amount of data generated upon the users’ activities over the internet. This has led to the advent of a new business model – the data licensing business model. Many companies like Twitter and OneSignal sell or licence the data of its users or users of users to third parties which then use the same for analysis, advertising, and other purposes.
What is Data Licencing / Data Selling?
It describes a situation in which an entrepreneur starts a company with little capital, relying on money other than outside investments. An individual is said to be _________ when he attempts to found and build a company from personal finances or the operating revenues of the new company.
What is Bootstrapping?
He is a Greek American engineer, physician, and entrepreneur best known for being founder and chairman of the X Prize Foundation, cofounder and executive chairman of Singularity University and coauthor of The New York Times bestsellers Abundance: The Future Is Better than You Think.
Who is Peter Diamandis?