Patrick Cox has lived deep inside transformative technologies for over 25 years. In the 1980s, he worked in software development and manufacturing. By the mid-‘90s, he consulted for Netscape–which handled 90% of all Internet browsing traffic at the time. InfoWorld and USA Today have featured his research, and he’s written for The Wall Street Journal, Los Angeles Times, USA Today and Reason Magazine. Patrick has appeared on Crossfire and Nightline, and been written up in The Baltimore Sun and CNBC Magazine. Now, Patrick edits Breakthrough Technology Alert and Technology Profits Confidential, uncovering transformational technologies that offer exponential gains.
I trust this week's alert finds you well. As I finish the March newsletter, I'm hearing details of Fidel Castro's replacement by his brother as president of Cuba. No surprises there.
In 1970, sociologist Alvin Toffler's book Future Shock set forth a series of predictions regarding accelerating technological and economic change. At the time, they seemed like science fiction. Today, many of his forecasts seem almost timid.
As I said in my last alert, I've been studying the Foresight Nanotech Institute's recently released Roadmap. I've also been talking to some of Foresight's founding members, looking for breakout companies in "atomically precise manufacturing."
Last week, I wrote to you about Microsoft's need to move from PC-based software to Web-based services. Within days, Microsoft made my point by announcing its intention to buy Yahoo.
It is important that you understand what is going on in software now -- so you will be ready for the coming transformation of the Internet. For investors, the Internet still poses a potentially vast opportunity to make money.
I have a lot of sympathy for the members of the striking writers union. Writers share none of the revenue from online use of their materials and want only a pittance.