“Rockefeller would focus on the highest priority. When he gets into the oil refining business it has no barriers to entry. It costs $1000 to start a refinery and only requires a few people to run it. And one thing he notices is that transportation is the largest expense. It costs more to ship a barrel of oil, than to refine it. So if transportation is your highest priority that means the location of your refinery is key. 

The site that he chose was genius. He selected a location that was next t

Elon Musk says smartphones won't exist in 5 years."We're not going to have a phone in the traditional sense. What we call a phone will really be an edge node for AI inference, with some radios to obviously connect, but essentially you'll have AI on the server side communicating to an AI on your device.""There won't be operating systems, there won't be apps in the future. You've got a device that is there for the screen and audio to put as much AI on the device as possible so as to minimize the a