Travis Kalanick Is Already Back Running A Company With A $150M Investment
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Automation will become a focus within warehouses. Labor is getting more expensive. And we already have technologies that can automate the movement of goods at various layers of the supply chain. For example, Vecna offers autonomous pallet jacks that can move pallets around warehouses with no human involvement and our portfolio company Covariant offers autonomous robotic arms that automates the process of picking and packing goods into boxes. Even if labor is cheaper, the reliability of robotics may lead to increased investment in the technology.
In any case, you can put me in the Blu-Ray camp. The minute the spiff runs out, Paramount & Dreamworks will rush back to Blu-Ray, and PS3 growth in 2008 should start to move the right direction. People want to buy movies, and as HD becomes the standard, they will demand high def DVD products. I wish I could promise you that iTunes will have an HD TV & Movie solution in 2008, but I think the big studios are running neck & neck with the music companies in trying to fight their customers instead of giving them what they want. (Right, NBC?) 2b1af7f3a8