Wednesday, October 17, 2012

Which innovative business idea sounds best? - 1

So… some emerging business concepts:

1. Domestic robot (cares for the elderly, cleans, cuts grass, etc.)
current best stage: http://www.youtube.com/watch?v=I7tYwnqot6M
Intel pledged/invested $15m in french robotics company that as a result sold 15, 000 units…
I see the market mature around 2020?

2. Artificial meat production (inexpensive, cruelty free, tasty meat for commercial consumption)
current best stage:
I found 2 patents that claim ability to produce in vitro meat, one of them:
http://www.google.com/patents/US7270829
also… Peta promises $1m for the first company to do so… and the paypal's founder already spent another several $100k

3. Photo information app: (tells you information about what you're shooting with your iphone cam, like that:
https://itunes.apple.com/us/app/uar/id371459375?mt=8
The market is currently premature but promising… Google just spent $50M on some ukrainian startup that does
something similar but about face recognition). Could be the "the next instagram".

4. 3d printers:
i don't really like that idea… but… it's gaining some popularity.
In short: 3d printers can print a pic of the eiphel tower in "3d realistic sculpture like model". things like that:
image

5. Quantum engine:
This idea is obviously very debatable/hypothetical IMO - but i like it as it has one important
insight that differs from all other ways to make energy: All other means i've heard that far
implement a limited amount of energy: e.q. fossil fuels are eventually burnt/used… or using the sun as energy is pointless as the spaceship goes further away from the sun.
The quantum engine addresses these difficulties as it produces and carries the energy all the time.
current stage: http://www.interstellartechcorp.com, also nasa funded some program about 10 years ago.

6.artificial intelligence that writes news, articles, proves theorems, writes jokes… etc.

personally i like 2, 5, 6 - in vitro meat, QE and the AI.
>>> Which innovative business idea sounds best? - 1