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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

640px Jeff Bezos iconic laugh cropIt's the question often asked of successful people.

In particular, this question is often the one that comes up the most when it comes to entrepreneurs.

And for those who have built success-stories, it's hard to escape it no matter what linguistic subterfuge they take. No doubt Jeff Bezos, the former richest man in the world, has had to deal with it.

The question is: What advice can you give to someone who wants to start or is starting a business?

Image: https://commons.wikimedia.org/w/index.php?search=jeff+bezos&title=Special:MediaSearch&go=Go&type=image

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World s first direct air electrolyzer makes hydrogen from humidityAustralian researchers have developed and tested a way to electrolyze hydrogen straight out of the air, anywhere on Earth, without requiring any other fresh water source. The Direct Air Electrolyzer (DAE) absorbs and converts atmospheric moisture – even down to a "bone-dry" 4% humidity.

Image: Melbourne University researchers have tested a "direct air electrolyzer" that can pull hydrogen straight out of the air using ambient humidity, meaning it's possible to create green hydrogen nearly anywhere on the planet, regardless of fresh water suppliesUniversity of Melbourne

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Digitalization of a futuristic artificial intellig 2022 09 13 03 28 38 utcArtificial intelligence (AI) pioneer Geoffrey Hinton, one of the trailblazers of the deep learning “revolution” that began a decade ago, says that the rapid progress in AI will continue to accelerate.

In an interview before the 10-year anniversary of key neural network research that led to a major AI breakthrough in 2012, Hinton and other leading AI luminaries fired back at some critics who say deep learning has “hit a wall.”

 

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Battery cables 2021 08 26 15 26 38 utcA Harvard-backed startup, Adden Energy, has developed a battery for electric cars that is capable of fully charging in three minutes and lasting more than twice that of current EV batteries or 20 years. The startup has received $5.15 million in funding to commercialise the game-changing battery. The technology has received an exclusive license from Harvard’s Office of Technology Development, and the funding was led by Primavera Capital Group, with participation by Rhapsody Venture Partners and MassVentures.

 

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Iris scanner man using biometrics to unlock a door 2022 02 01 22 38 20 utcThere has never been a better, easier time to start a business.

Artificial intelligence technology is chipping away at the barriers to entry for aspiring entrepreneurs, which represent a meaningful segment of the U.S. population. A 2021 survey conducted by Harris Poll found that 61 percent of Americans have an idea for a business, but are stymied by a lack of access to business tools and knowledge on how to get started. The founders behind a new crop of A.I.-powered platforms envision a world where, instead of needing an MBA, you can leverage technology to help launch your business.

 

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95ac29 c42683cf997f43039ba9186533ee2723 mv2Ever since the Sci-fi TV series Star Trek telecast, the show has left people baffled with thousands of questions.

The science fiction series has always been intertwined between real-life science since the past decades. It has inspired technologies that people use daily.

Of many remarkable events shown in the series, warp drive was one of the many futuristic ideas that caught the attention of many people across the globe. In fact, it was the very first theory proposed in Star Trek, allowing it to travel faster than light across the galaxy. Thus, opposing Einstein’s Theory of Relativity – prevents anything from moving faster than light.

 

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Geothermal power iceland 2022 08 01 04 07 32 utcGeothermal power currently provides only a tiny fraction of the nation’s electricity. But as states ramp up their transitions to renewable electricity, some leaders see a big role for geothermal as a stable, renewable power source.

Used in the United States since 1960, geothermal plants pipe steam or hot water from deep wells to power turbines that produce electricity. Harnessing underground heat is more expensive than developing wind or solar energy, but experts say the dependable output from sources like geothermal is critical to shore up the grid at times where the sun isn’t shining or the wind isn’t blowing.

 

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ONE Anode Free Cell Technology prismaticThe energy transition is just getting warmed up. For proof, see Our Next Energy. The Michigan-based startup is developing a trick dual-chemistry battery pack that’s the sort of innovation that’ll likely come to define the climate tech economy.

The heart of ONE’s technology is a battery management system that allows an EV to use two different cell chemistries, one for daily driving and the other for longer road trips. It’s an innovation that has allowed the company to look at materials that had previously been cast aside, those once thought unfit for EV duty.

Image: Image Credits: Our Next Energy

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Young african american artist at work in the studi 2022 01 18 23 57 49 utcInnovate or die. Cliché as it might sound, there's a lot of truth to this adage. Amazon, Apple, Netflix and LEGO are all companies that reinvented themselves in some way to not only survive but also thrive. One of the more recent companies to reinvent itself is Chipotle. Though known for its counter-service approach, the fast-food chain had to drastically pivot during the pandemic. As such, it created Chipotlanes: drive-thru lanes for mobile pickup orders. On the surface, it's not a significant reinvention, but it is one that got the company through Covid-19.

 

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Startups weekly featured1In some ways, Y Combinator’s biannual Demo Day is somewhat predictable: There will be Stanford dropouts, last-minute pivots, and, as always, promises of near-term profitability. We even made a bingo board about it.

But one thing I can never guess ahead of time is the exact priorities of the season’s batch. Y Combinator stands by the fact that it backs people, not ideas, so its Demo Day technically unveils two things: who the accelerator bet on and what they decided to prioritize. This year was different for myriad reasons. First, YC Summer 2022 is the second batch to receive a $500,000 check instead of $125,000, as part of the accelerator’s expanded check size. Second, the batch was smaller than usual (see previous versions of this column here and here; it’s a different tone altogether) — a narrowing of focus the accelerator says was due to the downturn

Image: Image Credits: Bryce Durbin / TechCrunch

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Arlen Meyers, MD, MBAObamacare was enacted on March 23, 2010. Every year since, Pundits predict the demise or significant alteration of Obamacare. The alternative to Obamacare is Othercare. In other words, employed and independent practitioners can struggle using old models of care and try to chase their tail every time the government and payers issue new rules, or, you can be innovative and be proactive. Skate with the puck v skating to where the puck will be. You need to adapt to several major trends like fee for service migrating to payment for valued care, improving the patient experience, the demand for care outstripping supply, and many more. It's time for doctors to take care of business since, if they don't, they will no longer be able to take care of patients.

 

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