Tough Minded Investment Manager Analysis

What will be the next computer, the next internet?
Right now, we have the optical systems, the motors, the computers and the programs to make almost everything in our houses intelligent, to turn our homes from warehouses filled with objects to homes filled with almost-living creatures that do what we want them to.  For example...

The movie above portrays a chair that is about as smart as a cricket. The fact we don’t need a chair that can assemble itself isn’t relevant.  Neither is the fact that we can’t make the chair at a reasonable price.  Think of how fast we could bring prices down if we wanted to produce in mass.  Think of the things that we could do with this technology.  For example, we could develop a chair that considers our weight and body build and then reformats itself for our comfort.

What’s stopping us?  Batteries. Despite decades of work, no one knows how to make batteries small enough and powerful enough to put them on everything we need to power.  Perhaps, for reasons I’m not smart enough to understand, it is not possible to build batteries that can do what we need to have them do.  That would be too bad.  Anyone who can make them do what we need to have them do will own the world or, at least, the parts that count.  If you are a venture capitalist, this is an area you might want to look at.  Is there a downside?  Absolutely.  Remember the nursery rhyme that ended with the dish running away with the spoon?  A bug or two in a program or two and that might be our future.