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Attention Titans of Tech – This is What $ Billions and Billions are For

on March 18, 2014

zocontrary

This post got delayed and there haven’t been quite as many multi-billion tech investments in the news this week.  But for any coming down the pike, I’m voting for more steel (or carbon fiber or whatever) in the ground.

Tesla’s announcement a few weeks back of their plans to invest $5 billion to build a 10 million square foot “gigafactory” in the US to build batteries for its vehicles and solar businesses is worth underscoring as we debate the future of work, innovation, and what to do with billions and billions of dollars you may have on hand.  Here are my top 5 reasons Tesla’s announcement is important:

Photo: Tesla from the company's powerpoint on the project at:   http://bit.ly/1dANXNY Photo: Tesla from the company’s powerpoint on the project at: http://bit.ly/1dANXNY

  1.  It provides a vivid counter to the hand wringing around jobless innovation that followed the Facebook/Whats App acquisition. Certainly some new technologies today (as in every era) may threaten…

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