MORE must cost less. In his new book Zero to One, entrepreneur and investor Peter Thiel observes that the dream of globalisation – expanding the affluent consumption habits of the western middle class to more and more of the world – demands we also commit to radical technological innovation in order to reduce that lifestyle’s environmental cost. Continue reading
Tag Archives: X prize
Listen to Peter Thiel: Politicians must embrace the fact there’s no money left
Filed under Business, Economics, Innovation, Technology
How open innovation will transform the Great British pound
Farewell to the pound coin’s familiar golden nugget design. Here comes the dough-decagon in its stead. The new 12-sided quid, modelled after the old threepenny bit, got plenty of attention this week. But the most interesting part of the design is what was left out. The flipside of the coin will be opened to a public design competition. Continue reading
Filed under Freedom, Human nature, Innovation
As the fat lady sings for HMV, the internet is helping build a better future
It has been a week of crushing victories for the internet. It continues to claim victims among retail firms blindsided by the web’s 24/7 stores, with their limitless inventories and weightless products. With thousands of jobs on the line, and hundreds of shops at risk of closure, it would be easy to see the change as a bad thing. Continue reading
Filed under Art, Business, Economics, Film, History, Innovation, Technology
Back to the future: Private enterprise has got us racing into space again
IT TOOK less than one human lifespan, just 66 years, for humankind to go from our first powered flight to landing a man on the moon. But in the last decade we’ve given up on supersonic flight and grounded the space shuttle forever. There are no jetpacks zipping across the City skyline. Whatever happened to the future we were promised? Continue reading
Filed under History, Innovation, Technology