The Next Tech Billionaires What If?



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next take billionaires. We enter Silicon Valley where the smart

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money and the start-up can shape lives for decades to come.

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Silicon Valley, for the Greek gods of the future, this is the amount

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Olympics. Few places boast bigger names or more billionaires to the

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Square Mile. We are those crazed people who think that every idea

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can happen. Why is this ordinary place in San Francisco at the

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cutting edge? I think the Court of Silicon Valley is this creative

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energy, a desire to create technology used throughout the

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world. It could be the next iteration of computers smaller than

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a human hand. Or machines that think like human beings. An idea

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can become a billion dollar business. Companies do not focus on

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just proffered. The figures on the value of their users and the world.

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There is room for everyone to fail. The persistence and a try. Anything

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he's really possible in Silicon Valley. A few of the young, bright

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and ambitious will be the next tech So you want to make a billion

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dollars? You want to change the world? It is Silicon Valley. If you

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want to become a billionaire, this is the place to do it. You need a

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good idea and someone with a vast amount of money and ready to make a

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bet on you. There are a lot of rich people on Silicon Valley. They are

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looking for ideas and people with the right balance of brain power,

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drive and entrepreneurial spirit. This remarkable volley is there

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that night making happens. It may lock look much, there is a real

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energy and a lot to learn if you know the right person to ask.

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are in downtown. This is really the heart of modern Silicon Valley.

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This is the street on which Google started. This is and effectively of

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palm drive which goes right into Stanford University. So this is the

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place where so many. Comms got started. The centre of the internet

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in many ways. This person is an entrepreneur and mentor to those

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trying to suck up companies and was recently voted the guy in Silicon

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Valley people would most likely to have a be with. What is it about

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Silicon Valley that creates his energy? It is about having a

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critical mass of people who love doing. They can't help but build

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and be useful. They would have to go forward and help mentor other

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wood to create something that is useful. If I were to be a

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billionaire, move year? No question about it. It could be a good move

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to come here. In a quiet suburb in a leafy lane in Silicon Valley, a

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group of extraordinary people are trying to do just that. This is the

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black box mansion. Where those with big ideas come war all over the

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world to make connections. A house full of hope was searching for the

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angel investor who might just make them a billionaire. My name is

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Kevin. I'm from Uruguay. I'm from Germany. And Betjeman from Austria.

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I'm from Poland. And from Germany. For as you like to keep the ideas

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secret for now. It is known as stuff mode. It looks like working

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from bed. I'm Carlos from the Czech Republic. Ivan Silva killer. I am

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on entrepreneur. -- Sabatier. They have developed a mobile phone Apple.

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They held businesses on the move. They stumbled across black box on

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their way to Silicon Valley. came here with no connections. We

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needed money. We ran out of money from the previous projects. We met

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this -- the founder of black box. He made some it ructions. It is

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about not be you know but who news for you. -- introductions. He

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already -- he always says he knows broke of all but Obama does not

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know him. How does it make a difference to where you are now?

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were able to meet with other people from the field of expertise. And

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they were able to provide us with help and feedback and advice. We

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were not able to get this feedback in Europe. People are surprisingly

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open about their ideas. There is a secret source which makes this

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place even more special. Silicon Valley gives people to permission

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to payer -- defile. Most investors are willing to invest in

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entrepreneurs who failed it took risks and a comfortable in that

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process. It is like a big brother house for geeks. Yes. It was once

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described as the Playboy Mansion for geeks. People are happy when

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they are here because they meet other entrepreneurs from different

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parts of the world. The corporation is very enriching to this

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entrepreneurs can act of Silicon Valley. There have been enriched.

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Straight after the meeting, there had an interview. They went well.

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This will complete company for $20 million. There is a lot of money to

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be made around here. -- they sold the company.

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The Facebook story is the story of Silicon Valley success. Now it is

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betting on the next big thing. Inside the vast compass, there art

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adorns the hallways. There is a little corner reserved for a little

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company called Instagram. You might have used their photo application.

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A head full of people with a great idea. Facebook bought them for $0.5

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billion. Kevin helped profile and Instagram. He ran a billion dollar

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business in a few short years. are the calls to things about value

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right now is do can be in college and also a few years later have an

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application and a company that affects millions of people. It is

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humbling in many ways to realise that anyone in the valley can do

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that. That one of the most powerful things about living out here.

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Anyone with an idea has a chance to make it big by affecting many

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millions of people around the world. The cafes of Silicon Valley are

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where the hopefuls pitch and you reach listen. Where both sometimes

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strike gold. -- the rich. People recognise that bill in popular

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technology is difficult. Most people will fail. When you do

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succeed, you can quickly change the war. You can get hundreds of

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millions of users. 10 million users is the new one million users. That

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is true. The benchmark for success in a consumer software company is

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that 10 million people have used your product. If you think about

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that, the scale of what that means in terms of species level change

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and acted by a handful of people is pretty astonishing. Scale, spacious

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level change. A private start-up company based here at NASA's

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Silicon Valley Research lab is Bob Richards want to mine guru.

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focus of the engineering effort of the Express is that of course the

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lender itself. This is the prototype vehicle, but would result

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in collaboration with Nasser. It allows us to rapidly test and

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develop the software algorithms used to lend on the moon safely.

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The first step, winning $20 million in challenge money. To be the first

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to land on the surface, deployed a robot and a son back pictures by

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2015. This is very high-tech. Most of the topology is actually the

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stuff you cannot see. The algorithms and software. He

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intelligence in the vehicle. This is though the proportion system is

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tested. The vehicle has to learn how to land on the moon itself.

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There is too much to -- too much delay control and it from Earth.

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This is the corporate plan to mind the Moon. The Moon is has a things

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we have not discovered get. There could be more platter metals on the

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surface of the moon and all the reserves on earth. There is water

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on the moon. It is again George Hill for the Solar System. What is

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rocket fuel. -- gang changer. It can support life and agriculture.

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It is the first step to making the bin part of our world. What

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Sunday in the future, we want to have a more to planetary Society.

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This person is the million backing the moon Express. He once advised -

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- he has advice for those who want to be billionaires. The way you

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make billionaire companies is really easy. Use of 100 billion

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dollar problem. You can't create a billion-dollar company Bussleton a

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million dollar problem. Education and healthcare and clean energy and

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clean water. These are his hundred billion dollar problems. As a vital

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part of Silicon Valley, the engine driving all this energy and ideas,

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Stanford University. Were the idealism of youth has his space to

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think that big, to really ask what They call this university the farm.

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It is a great big name, given the close Russia could have with your

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money and the technological innovation of Silicon Valley. The

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brains of grow here. Quantum physicists are making huge steps to

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what is a mystery Science. Technology is that in aid. Such is

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the importance of carbon manager does. An amazing material, not just

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the drugs sold since we have ever discovered but a key component of

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computers of the future. -- carbon tubes. You have to be dressed bride

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How is that? It looks good. looks perfect. What is it yellow in

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here? This is where we do all of our photo. All of this in this room

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is light sensitive. He got his degree last year. He is developing

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not only a microcomputer but anatomic size computer, made of

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carbon manic tubes. Silicon chips cannot be made any smaller. That is

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when Nano chip technology will step in. Computers can continue to

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strike in size but also expand in power. What it and any cheap? In is

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basically a straw or cheap. It is made of carbon atom so. They are

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extremely small. 150 thousandths of a diet of a human ear. There are

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lots of them on this disc. They are too tiny to see through a powerful

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microscope. He using the materials that were work on, we should be

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able to use a very highly energy efficient and fast and a chronic

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system. Hopefully, your computer will be able to run a lot faster.

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Walton rated less heat and energy. -- using less energy. Stanford

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University has a one -- remarkable Entrepreneurs have taken ideas from

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the company and turn them into companies like Phillip Parker,

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Google, Yahoo. -- Hewlett-Packard. It is an ongoing relationship.

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person is the President of Stamford. He is on the board of directors for

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Google. He's University raised $1 billion of funding in one ear. The

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first time that has ever been done. There is a healthy embracing of

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entrepreneurial tradition. And make a difference in the world. There is

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a good dose of realism about it. Students understand that great

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companies are built around a great discoveries and inventions. Not

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just around, I want to be an entrepreneur, therefore I am

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successful. That does not do it. Unique that fundamental discovery

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or invention that sets you apart. But appreciation for that is

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something we try and instil in the student to they have a good

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understanding of what it takes to There is a creativity and problem

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solving here that he is in everyone. This is the design school at

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Stanford. Today is a product that day. Will the students from

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different parts of the university were given a challenge to come up

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with an idea based on a theme. This is where they are showing of those

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ideas today. It is all about innovation, getting people thinking

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in a different way, to come up with ideas thought of a walk of life

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they going to. The task was to design a concert for a big

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department store, is in social networking, technology, anything,

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treating different be. This is a photo-booth in the sitting room. Do

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you want to be a user? Go ahead and try it. Thank you.This is a camera,

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there will be a time. It would take a picture of you, you can see it

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and then you can choose similar photo, Senator Facebook, some good

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to Twitter, or through text. Sometimes be positive family,

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friends, sometimes they wanted on Facebook. I know this looks

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ridiculous. I would say you should take it. Thank you. The design

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school is designed to teach people who were smarter their own areas of

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study to think creatively, to work together, and to broaden their

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education for the future. The pace of change right now is tremendous.

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With globalisation and the kinds of economic change we are seeing,

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things are happening more quickly and with more complexity than they

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ever have before. We once it has to be equipped with a set of skills

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about solving problems, problems that are not even apparent yet.

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have to be smart in many ways. Her a great idea or invention is not

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enough. The core of Silicon Valley is a creative energy, a desire to

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go and create technologies that I used throughout the world. We have

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such a nexus of people already here who were setting examples,

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mentoring, advised -- investing in the next generation. It becomes a

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cycle. Amid the flickering of lights and the hum of one million

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hydrides, one of the biggest library some earth. This is a cloud,

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a place were the internet resides, where any question can be answered.

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We pour billions of bytes of data into the cloud every day. Working

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out how to mind that and interpreted will change the future.

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His is one way of visualising what a huge set of data looks like.

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These are some of the people making money out of mathematics and hoping

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to change the world. 30 years ago we said we would collect this data

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and stories in a nice format. What we find ourselves with today is

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that there is so much data we do not know what the right questions

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to ask are. What the software does it that it finds answers to the

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questions that you are not her had to ask. This maths professor co-

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founded a company which emerged from a decade of research. He has

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raised more than $10 million and has made some amazing discoveries.

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Among them, or breast cancer. contains all the people who ended

:17:55.:18:04.

up surviving breast cancer. dots describe 200 patients. The

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bottom five groups are those who died. It is old data, but the

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patterns found by the software it minutes have sparked new research

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to help diagnose and treat breast cancer. Even as of healthcare,

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these works for many areas, will -- including oil exploitation.

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Machines are getting so fast they are beginning to think for

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themselves. Stanford's artificial intelligence lab is at the

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forefront of making smart machines. It is not just about making robots,

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it is about making software that recreate a human brain, through

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what is called a new role that work. Imagine we had to wake up not

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knowing anything and watched YouTube for a week. We were then

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asked ourselves what we learn. We had our hypothesis that we would

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begin to recognise, like a recurring themes. What it has often

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in YouTube? Cats. We looked and found the one of the neurons in the

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network had learned to recognise cat faces. After watching YouTube

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for a week, the computer created an image based on what had learned.

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The remarkable thing was that we had never told that what the cat

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was. It had discovered this concept of cats just by watching YouTube.

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Not quite taking over the world, but amazing progress. From the

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light changed into the -- the life changing, Silicon Valley is has the

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ring a tour. The idea is that we wanted to build that price it is a

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pair of glasses, they are stylish and have a computer inside. They

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can stream video to a mobile device. From there we can have applications

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in augmented reality and other interesting spaces. We designed the

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product in 3D and then we go into This is a prototype of the glasses.

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You can see the lenses are here and the camera is here. It fits inside.

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And everything is recorded that to see? Exactly. Video is the

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beginning. The new computer we are building also has TPS. It has

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biometrics senses in it. Information will appear in front of

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your eyes, whether it be that some or advertising. I have heard of

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something like this from Google. Is this the same thing? Know. We think

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of ourselves as better than what Google is giving. The computer will

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have a function of that we believe the consumer will be interested in.

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Google may beg to differ. This whole project was to do that here

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appears poised quartet shop. It is like a huge workshop. It has a lot

:21:41.:21:45.

of difference machinery in here. You can make pretty much anything.

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Over here, banks of computer screens. People can programme

:21:51.:21:55.

software, buildings in 3D, and print them out, or use laser

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cutters. The reason that people use this is because they want to build

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prototypes to start businesses. They have an idea, they build it

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here, it is cheap and easy, they concede it works. If it does, they

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can then make them on a bigger scale and turn it into a proper

:22:12.:22:19.

business. It is called the makers revolution. Hobbyists can afford to

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build many factoring businesses themselves on the back of good

:22:21.:22:27.

ideas. It could change the way the whole industry works. A more people

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can participate. These manufacturing tools that used to be

:22:33.:22:37.

hard and expensive, we now has dust of manufacturing, personal many

:22:37.:22:43.

factoring. All those things that were hard and now easy. Anybody can

:22:43.:22:47.

participate. We have democratised manufacturing. It is not about

:22:47.:22:53.

Labour any more, it is about ideas. He has the best ideas and designs?

:22:53.:23:01.

That can happen anywhere. We excite audiences by making television

:23:01.:23:08.

engaging. Will come to a real-life version of the apprentice. Fiji

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billionaire's practice so than themselves to potential investors.

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Our vision is to help people have any faith find the best for for

:23:16.:23:26.
:23:26.:23:28.

them. Our friend was worded mentors rating some of them. The founder

:23:28.:23:33.

institute is a school to start-up entrepreneurs. There is an issue

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with a lot of entrepreneurs, they stand around thinking and talking

:23:37.:23:42.

about his, but not actually building their companies. They want

:23:42.:23:47.

to be an entrepreneur, but they're not actually doing it. I love the

:23:47.:23:51.

point of the programme like this is to get them off that, to push them

:23:51.:24:01.
:24:01.:24:02.

of that. We can force them to make forward progress. With your help,

:24:02.:24:07.

we plan to demolish the transportation barrier for seniors.

:24:07.:24:12.

Jay was to provide a taxi service for the people, with a paramedic

:24:12.:24:18.

tried in. He had a hard time of it. You're in the programme, you need

:24:18.:24:23.

to get a grant, this is not bad. comes across as harsh, but it is

:24:23.:24:28.

very constructive. Why are you doing this? I want to change the

:24:28.:24:33.

world with my company. This is the way to see the charge that. It will

:24:33.:24:37.

make sure they are not falling for the common pitfalls that I might

:24:37.:24:44.

otherwise hit. They are chasing big dreams. Those who have already made

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it and doing what they can to give something back. What are the other

:24:54.:24:57.

lessons from Silicon Valley? It is not all about the money, it is

:24:57.:25:02.

about changing the world. It is OK to fail here, sometimes it is even

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encouraged. The next big idea does not have to be a big secret, you

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need to be open to succeed. With that in mind, what will the future

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hold? We had to ask people, what if they could predict the future?

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we look out far enough, to Rex bring connection of some sort.

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We're in the transformation of the shin and species. The future will

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be a global economy. Digital countries, not divided by borders.

:25:33.:25:40.

The next big thing is already here, it is mobile. Robotics will be the

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tipping point that will bring robots into a lives. I am convinced

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