Guest Post Vivek Wadhwa is vice president of innovation and research at Singularity University and Arthur & Toni Rembe Rock Center for Corporate Governance at Stanford University.
This is Singularity University. Based at NASA and with founding members including the founders of Google, its annual Graduate Studies Program is “A 10-week interdisciplinary program for top students and entrepreneurial leaders worldwide, aimed at solving some of our most pressing challenges.” From over 3150 applicants, 80 students were selected for this summer’s program, representing 36 different countries across the world. Over 60% have graduate degrees, 40% are women (an impressively high statistic for entrepreneurial programs in Silicon Valley), and many are successful entrepreneurs, investors, authors and inventors.
Here’s our roundup of the week’s top tech business news. First, the most popular stories VentureBeat published in the last seven days:
Futurist Ray Kurzweil believes that health and medicine are going to benefit in the next two decades from what he calls the law of accelerating returns. That idea comes from Kurzweil’s 2005 book “The Singularity is Near,” and it reflects his optimism about how “exponential technologies” will come together to deliver a world where we can solve all of our problems. We’ve got an exclusive video interview on what Kurzweil thinks about those ideas now and how he is recruiting entrepreneurs to make his vision happen.
Ray Kurzweil wrote the textbook on how to save the world. In his book”The Singularity is Near,” Kurzweil (pictured above) wrote about how the exponential changes being brought about by the advance of technology and how that can be used to help humans survive longer and reshape the world. Back in 2007, he co-founded Singularity University with Peter Diamandis and they’re now graduating acolyte entrepreneurs.
Peter Diamandis, the chairman of Singularity University and head of the X Prize Foundation, says that executives had better be aware of exponential technologies like the rapid advances in chips (Moore’s law), biotechnology, or connectivity so that they can use them to gain a competitive advantage.