Best of the Week
Most Popular
1.Canada Real Estate Bubble - Harry_Dent
2.UK House Prices ‘On Brink’ Of Massive 40% Collapse - GoldCore
3.Best Cash ISA for Soaring Inflation, Kent Reliance Illustrates the Great ISA Rip Off - Nadeem_Walayat
4.Understanding true money, Pound Sterling must make another historic low, Euro and Gold outlook! - Marc_Horn
5.5 Maps That Explain The Modern Middle East - GEORGE FRIEDMAN
6.Gold Back With A Vengeance As Bitcoin Bubble Bursts - OilPrice_Com
7.Gold Summer Doldrums - Zeal_LLC
8.Crude Oil Trade & Nasdaq QQQ Update - Plunger
9.Gold And Silver – Why No Rally? Lies, Lies, And More Lies - Michael_Noonan
10.UK Election 2017 Disaster, Fake BrExit Chaos, Forecasting Lessons for Next Time - Nadeem_Walayat
Last 7 days
Sugar Commodity Investors: "Desperately Seeking..." Clarity and Objectivity - 28th Jul 17
When You Think It Can’t Get Worse, The Markets Become Even More Absurd - 27th Jul 17
US Dollar - Make Way For Uncle Buck - 27th Jul 17
Stock Market Levitation Continues... For Now - 27th Jul 17
Is Big Oil planning its Funeral by ignoring the obvious? - 27th Jul 17
Why Surging UK Household Debt Will Cause The Next Crisis - 27th Jul 17
Reconciling the US Dollar Outlook with the Super Bullish Gold and Silver COTs - 26th Jul 17
Last Week’s Rally in Gold Stocks Erased - 26th Jul 17
Dollar, Bitcoin, Markets - Is There A New Flight To Safety? - 26th Jul 17
Central Banks ARE The Crisis - 26th Jul 17
Iran: Public Image Versus Historical Reality - Part 1: An Abridged History to the 20th Century - 26th Jul 17
Trump Fails To Understand One Critical Thing—Our Trade Partners Have Options, Too - 26th Jul 17
Stock Market and Gold Stocks Trend Forecast Update - 25th Jul 17
Saving Illinois: Getting More Bang for Its Bucks - 24th Jul 17
3 Stocks Sectors That Will Win in The Fed’s Great Balance-Sheet Unwind - 24th Jul 17
Activist Investors Are Taking Over Wall Street, Procter and Gamble Might Never Remain the Same - 24th Jul 17
Stock Market Still on Track - 24th Jul 17
Last Chance For US Dollar To Rally - 24th Jul 17
UK House Prices Momentum Crash Warns of 2017 Bear Market - Video - 22nd Jul 17
Crude Oil, Gold, ETFs & more: Pro-grade Market Forecasts - 22nd Jul 17
Warning: The Fed Is Preparing to Crash the Financial System Again - 21st Jul 17
Gold / Silver Shorts Extreme - 21st Jul 17
GBP/USD Bearish Factors - 21st Jul 17
Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing - 21st Jul 17
Is It Worth Investing in Palladium? - 21st Jul 17
UK House Prices Momentum Crash Threatens Mini Bear Market 2017 - 21st Jul 17
The Fed May Show Trump No Love - 20th Jul 17
The 3 Best Asset Classes To Brace Your Portfolio For The Next Financial Crisis - 20th Jul 17
Gold Stocks and Bonds - Preparing for THE Bottom - 20th Jul 17
Millennials Can Punt On Bitcoin, Own Safe Haven Gold For Long Term - 20th Jul 17
Trump Has Found A Loophole To Rewrite Trade Agreements Without Anyone’s Permission - 20th Jul 17
Basic Materials and Commodities Analysis and Trend Forecasts - 20th Jul 17

Market Oracle FREE Newsletter

Crude Oil, Gold, ETFs & more: Pro-grade Market Forecasts

Kurzweil Could Jump-Start Google Stock Price

Companies / Google Dec 20, 2012 - 12:17 PM GMT

By: Money_Morning

Companies

Michael A. Robinson writes: Futurist Ray Kurzweil is one of the world's busiest people.

And that's no surprise. A best-selling author and subject of a major documentary, Kurzweil has an unmatched talent for explaining how cutting-edge technology is going to change our lives.

That means this "A-list" speaker is always on the go, traveling the globe as he spreads his futurist technology gospel.


That's why I made sure to buttonhole Kurzweil at the recent Singularity Summit technology conference. As he headed into the San Francisco lecture hall to share the newest insights into how the brain works, I was able to walk along with him and have a quick chat.

As we talked, little did I know that Kurzweil was working on something that would stun the tech world in a manner that's usually reserved for one of his predictions.

No, I'm not talking about the buzz that's been generated by his new book, How to Create a Mind, the Secret of Human Thought Revealed.

Kurzweil, as it turned out, had accepted a major position at none other than Google Inc. (Nasdaq: GOOG), the Web giant that is to search what the tech futurist is to prognostication.

And Monday was Kurzweil's first day on the job as the company's new Director of Engineering.

A lot of investors have glossed over this news. That's a big mistake. As I see it, this single hire speaks volumes about how Google views itself, and how it intends to keep building shareholder value.

If you're interested in Google, this is a bit of strategic intelligence that you absolutely have to know.

Here's why...

With this single move, the world leader in Web search is telling investors like you that it intends to remain a growth company. This also tells us that Google wants to invent the types of technology that will change the world and make money for investors - even if it means breaking free of the Web itself.

I defy anyone to identify another leader in the tech field who will have more of an impact on the world in the Era of Radical Change.

What Kurzweil Brings to Google
I've followed Kurzweil's career for years now and know firsthand that many of his predictions that people dismissed as crazy have actually come true.

Kurzweil began pushing the tech envelope as a teenage inventor and has literally never looked back. Along the way, he has invented dozens of new products, penned groundbreaking books on the technologies of the future, and altered our view of what is possible and even probable in the Era of Radical Change.

I can guess what the naysayers are already saying - that Kurzweil won't fit in at Google because the company is so darn huge. Or that Google, with a market cap of $235 billion, can never recapture its free-wheeling days as an early-stage startup.

That's high-tech balderdash.

Fact is, Google prides itself in pushing the boundaries of cutting-edge tech. For instance, I've told you about Google Glass, a pair of spectacles that can display maps and text messages, connect smart phone calls and capture video, among other things.

Combine that with Google's intense focus on machine learning (as evidenced by the way it does searches) and you can clearly see how Kurzweil and Google are made for each other.

Kurzweil, 64, has stayed ahead of the curve since he was 14. That's how old he was when he designed software that wrote original music. Later, he created the first print-to-speech reading machine for the blind.

Back in 1999, he predicted that in about a decade we would see such breakthroughs as self-driving cars and mobile phones that could answer questions posed by voice.

People criticized these predictions as "unrealistic." Google now has both.

"It's easy to shrug our collective shoulders as if these technologies have always been around, but we're really on a remarkable trajectory of quickening innovation," Kurzweil says. "Google is at the forefront of much of this development.

"I'm thrilled to be teaming up with Google to work on some of the hardest problems in computer science so we can turn the next decade's "unrealistic' visions into reality."

As I see it, by heading up these kinds of projects that will lead to new sales, Kurzweil could indeed have a big - and direct - impact on Google's future cash flow.

And the indirect benefits could be even bigger: His presence alone will act as a recruiting magnet, helping to attract the visionary engineering talent that will help create other new sources of revenue - while also blocking out threats to Google's core business.

His name alone opens doors at tech firms and research labs around the world. If Google wants to raid talent from other companies or major universities, all Kurzweil has to do is pick up the phone.

More to the point, he is an expert in machine learning and intelligence. And that's basically become a big part of Google's core product. Machine learning (in which computers better "understand" human intentions) has created much more relevant Web searches that also help support ad sales.

Kurzweil has worked in this field for decades. Now that he has joined Google, he has a built-in global infrastructure that can roll out his ideas and new products on a scale he could never have achieved on his own.

This is also is a marketing coup for Google. Tech writers all over the world want to talk with Kurzweil about the radical changes coming to the human race.

Now, rather than simply making his own predictions, Kurzweil will be telling the world about "the future according to Google."

We'll stay on top of this story as it develops, and will keep tabs on the investment opportunities - direct and indirect - that we believe will spin out of the Kurzweil-Google match.

That fact alone reminds us of a point that bears repeating here: Just because the Era of Radical Change focuses a lot on the future, that doesn't mean it can't help you make money today. And we'll continue to show you how to do just that.

Source :http://moneymorning.com/2012/12/20/this-hiring-coup-could-jump-start-googles-stock/

Money Morning/The Money Map Report

©2012 Monument Street Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Monument Street Publishing. 105 West Monument Street, Baltimore MD 21201, Email: customerservice@moneymorning.com

Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investent advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication, or after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Money Morning Archive

© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife