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How to spend $200+ Billion for a Train Wreck

Mills-Scofield

In the early 90’s at AT&T, I was on a ‘special project’ with some friends to design the next generation core domestic network. 2002: AT&T sells AT&T Broadband to Comcast for $47.5B It embodied Einstein’s definition of insanity, spending over $200B for a train wreck… and they’re doing it again. It wasn’t pretty.

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How China Creates the Strongest Innovation System

The BMI Lab Blog

The growing percentage of funds allocated to technology innovation clearly shows China's ambition on innovation leadership (source: Prof. BYD became the second largest battery company in 2002. Maritime engineering. Biomedical and advanced medical equipment. The second wave of innovators in China: BAT, or the rise of world-class giants.

System 58