Tuesday, April 5, 2022

๐Ÿ Axios Finish Line: Future foretold

Robots on stage | Tuesday, April 05, 2022
 
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Axios Finish Line
By Mike Allen, Erica Pandey and Jim VandeHei ·Apr 05, 2022
Apr 05, 2022

Welcome back. Hit us at FinishLine@axios.com.

  • Smart Brevity™ count: 447 words ... 1½ minutes.
 
 
1 big thing: Your kids' future, foretold

Young people want a Jetsons future — cars without drivers ... delivery by drone-drop ... robotic appliances ... e-bikes, e-scooters, e-skateboards.

  • Why it matters: That future is here. We spent today talking to Fortune 500 CEOs — + a 27-year-old tech billionaire — and playing with the toys they know the kids demand.
Cruise Origin in San Francisco. Photo: GM

Mike climbed into a Cruise Origin, GM's self-driving car (photo above), with GM CEO Mary Barra.

  • Barra told us we'll soon cross two key milestones in electric cars: They'll get cheaper: GM is partnering with Honda to make EVs under $30,000. And they'll be easier to use: New funding for infrastructure will put chargers in cities across the country.
Photo: Chuck Kennedy/Axios

Jim shared the stage with Tortoise (photo above), a vending robot that's the future of how we buy stuff.

  • Tortoise rolls up, you scan to pay, and then it opens up to reveal your goodies. In this case: Insomnia cookies.

Fun fact: The robot is not autonomous. It's controlled by a remote operator in Mexico City, Tortoise founder Dmitry Shevelenko told Axios chief tech correspondent Ina Fried.

The Oculus headset in use. Photo: Photo by Joan Cros/NurPhoto via Getty Images

Erica stepped into the metaverse by donning an Oculus headset from Meta.

  • Virtual reality is getting more powerful, and we could soon live, work and play in these headsets — attending conferences and entering video gaming universes.
  • Accenture, a consulting firm with more than 700,000 people, onboards its new hires in this virtual universe, CEO Julie Sweet said.

๐Ÿ“Š By the numbers: An Axios-Momentive poll, conducted for our What's Next Summit, screamed how badly young people want this future. Drones, electric cars, smart cities and crypto are all popular with this cohort.

๐Ÿ”ฎ What's next: Ryan Breslow, the aforementioned 27-year-old billionaire — CEO of the fintech firm Bolt — told us his company will make it possible for almost any company to accept crypto as payment for buying stuff online. (Catch up on crypto with our explainer.)

  • Oh, and he also only makes his employees work four days a week.

The bottom line: Young people will get the future they want. Investors go where kids want to, and cash is pouring in to turn a sci-fi future into reality.

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A message from Raytheon Technologies

There's a gender gap in STEM — the solution starts in the classroom
 
 

By investing in organizations like Girls Who Code, we are helping to build a more diverse STEM talent pipeline.

The impact: The students we are reaching are driving the digital transformation at companies like Raytheon Technologies.

Learn more.

 
 
๐Ÿ’ฌ Quote du jour

Photo: Chuck Kennedy/Axios

 

Donations are powerful. "When someone comes and gives you wind behind the sails and you feel you can go anywhere, that's a very powerful thing to do."

  • That was Josรฉ Andrรจs (photo above), Michelin-starred chef and founder of nonprofit World Central Kitchen, speaking at the summit on how financial help from Laurene Powell Jobs and others helped him feed Puerto Ricans after Hurricane Maria.
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