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In what areas are the massive fortunes of the future going to be made?

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41–50 of 102 posts

Re: In what areas are the massive fortunes of the future going to be made?

#41
As a co-founder of Tiny Farms[1], we're betting on the growing need for alternative sources of protein. Humanity's current protein supply is inefficient, unsustainable and won't scale to feed the future world.

Our particular domain is edible insects; we wrote this article about why entrepreneurs should get involved:

http://www.xconomy.com/san-francisco/2013/09/10/5-reasons-dr...

[1] http://www.tiny-farms.com

Re: In what areas are the massive fortunes of the future going to be made?

#43

Read Asimov. It's all there. It comes down to space travel. Presumably, the ultimate propulsion will be nuclear-boiled water ejected out of a nozzle as steam. I suppose you could do something similar with other low molecular weight (stable bonds), low atomic weight (plentiful in post-stellar debris) fluids, but water's on a sweet spot in terms of caloric density. Hydrocarbons would probably be good, so I suppose you…

Alternatively, people might give up on space travel if simulated worlds become too enticing.

Re: In what areas are the massive fortunes of the future going to be made?

#44
post #41

As a co-founder of Tiny Farms[1], we're betting on the growing need for alternative sources of protein. Humanity's current protein supply is inefficient, unsustainable and won't scale to feed the future world. Our particular domain is edible insects; we wrote this article about why entrepreneurs should get involved: http://www.xconomy.com/san-francisco/2013/09/10/5-reasons-dr... [1] http://www.tiny-farms.com

Black soldier flies and duckweed FTW.

Re: In what areas are the massive fortunes of the future going to be made?

#46

Read Asimov. It's all there. It comes down to space travel. Presumably, the ultimate propulsion will be nuclear-boiled water ejected out of a nozzle as steam. I suppose you could do something similar with other low molecular weight (stable bonds), low atomic weight (plentiful in post-stellar debris) fluids, but water's on a sweet spot in terms of caloric density. Hydrocarbons would probably be good, so I suppose you…

Alternatively, people might give up on space travel if simulated worlds become too enticing.

That has already happened, if the absence of a moon base is any indication.

Re: In what areas are the massive fortunes of the future going to be made?

#47
post #5

Always hard to predict, but one area where I'm sure there's lots of room is starting startups in industries that didn't previously have them. To use one example of many, LendUp.

Or in industries that didn't previously exist.

Re: In what areas are the massive fortunes of the future going to be made?

#48
post #26

If the rapid obsolescence cycle of chip fabs end (ie, Moore's law ends and process nodes stop getting smaller so there's no reason to change processes), it will kick off a golden age of ASICs and a Cambrian explosion of chip diversity and software design tool progress. You can produce fully custom chips now but at any reasonable cost you have to use decade-old gate sizes making it hard to compete with general purpose…

I think this as well, but i'm also keeping my eye on graphene transistors. And then there is the quantum computer stuff which is beyond my ken.

Re: In what areas are the massive fortunes of the future going to be made?

#49
post #41

As a co-founder of Tiny Farms[1], we're betting on the growing need for alternative sources of protein. Humanity's current protein supply is inefficient, unsustainable and won't scale to feed the future world. Our particular domain is edible insects; we wrote this article about why entrepreneurs should get involved: http://www.xconomy.com/san-francisco/2013/09/10/5-reasons-dr... [1] http://www.tiny-farms.com

I'm very curious about how you're tackling this problem. It's no longer a secret that insects could provide a rich and abundant source or protein, the biggest problem I've seen this far is how to farm them, in other words what is the sustainable input into these farms?

As the other commenter pointed out, black soldier flies are a wonderful output, but from my research I've seen that they need meat for to grow and their larva to hatch.

Re: In what areas are the massive fortunes of the future going to be made?

#50
There is an increasing interest in life extension, so I think we'll also see wide demand for an interim solution to the whole death thing. E.g. brain plastination, cryonics, sufficiently detailed brain scans... whoever makes one of these scalable and effective at preserving a person (information-theoretically) will rake in like $O(10^9).
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