Opening remarks of day two
summary
Recent mega-rounds and funds—one Series A north of $1 billion, a private valuation at about $150 billion, and SoftBank’s $100 billion Vision Fund—frame a claim that computing is entering a new regime rather than a bubble. Moore’s-law chessboard hits around square 30, McKinsey projects ~$11 trillion from IoT, and enterprise automation (example: WorkFusion) displaces jobs now. Four concrete drivers are pervasive and persistent computing, globalization of innovation, accelerating adoption curves, and much larger funding pools, plus attendant privacy and workforce challenges.
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