Q know, what, what's, what are the building blocks that need to be, to be built? And the related question is, um, you know, how much of a startup opportunity is that, Companies like GE or IBM or a lot of those car manufacturers seem to be already very active in the space. Is that gonna be a, a game that's gonna be won by startups or by those large companies?
A Well, my feeling is that the, ah, one of my favorite sayings is that Steve Jobs did not invent Angry Birds. Um, in fact, if you go back in history on Apple, they didn't invent VisiCalc either, which is the reason that Apple even got to where it got, the Apple II. Um, and so my feeling is that the cool new killer apps are not gonna come from GE or Cisco or IBM. They're gonna come from, like, folks who are in this room, and, ah, I just think historically it's been proven. It doesn't mean that You're not going to see a lot of cool stuff happening. My feeling, we're talking a lot about entrepreneurial things going on in the consumer space. I actually think there's a lot of interesting things happening in the enterprise space. And the nice thing about the Internet of Things and the enterprise is that these are companies who are willing to spend a lot of money to, to get some of these benefits. I mentioned the office, you know, furniture maker. There's thousands of companies who are in that same position who are trying to take devices and get them sort of onto the Internet of Things and find new ways to To find value, and so these are companies, if you're, if you're an entrepreneur trying to start a company, um, there's one thing is to go after a consumer space, which means you probably have to go and raise a lot of venture capital, um, but going after the enterprise, the benefit is …
AI assessment note: “cool new killer apps are not gonna come from GE or Cisco or IBM”