Marc Andreessen, David Dewalt, Pat Gelsinger, Joseph Tucci, and John Hennessy —one VC, three CEOS, and one university president—met up on VMWare's Palo Alto campus a week ago to concoct a ‘State of the State’ report Silicon Valley. Other than surveying the tech industry and gusto towards computing, examining aftermath of the Edward Snowden revelations, they made a couple of predictions, in light of the fact that there's nothing tech people like superior to looking to what's to come.
Image Source: Spectrum.IEEE.org
They came up with varied (however not opposing) perspectives of what they hope to be the core technologies behind the next wave of developments that will take inception Silicon Valley. The predictions:
Marc Andreessen on Bitcoin. Says venture capitalist and Netscape co-founder Andreessen: “We’ve been tremendously enthusiastic about Bitcoin, we think it’s a revolutionary financial technology, [though] the implications will take 20 years to play out.”
Pat Gelsinger on SMAC. VMWare CEO Gelsinger figured out on how to present a new acronym. The future, he said, is about “SMAC—social, mobile, analytics, and cloud. They provide a foundation for so many things to occur: Healthcare or biotech, automotive or Google glasses. It is those foundational infrastructure things that will disrupt every industry.” Here’s to hoping that SMAC sticks in the future!
John Hennessey on Artificial Intelligence. Stanford president John Hennessy considers, we're going to witness “the true coming of age of AI, after decades and decades of investment. We’re seeing systems that can do something that amounts to common-sense reasoning, which we’ve never really been able to do before. It’s going to be exciting to get a computer that can do things a really good assistant can do.”
Joe Tucci on omnipresent sensors. EMC Corp. President Tucci is viewing sensors as being incorporated with everything possible. “I think the ability to capture [this data], ingest it in a reasonable amount of time, reason over it, and act on it will disrupt every corporation and every government entity in the world.
Dave Dewalt on the Internet going satellite. FireEye CEO Dewalt is excited to see firms around the globe “an amazing new Internet structure that is constantly orbiting, constantly online, and has a tremendous increase in bandwidth to connect to your watch, your clothing, everything you have.”
Whichever of these innovations drives development in the looming years, Hennessy warns, Silicon Valley's organizations need to verify it doesn't turn into all about the money. Says Hennessy, “Wanting to change the world has always been the driver of Silicon Valley. If we stay focused on that we’ll be fine, if we focus on money, we won’t.”