The Chinese Solar Machine Layer by Layer Fire in the Library The Mystery Behind Anesthesia
Bill Gross and Editor in Chief Jason Pontin talked with each other in Davos, Switzerland, at the annual meeting of the World Economic Forum. It snowed.
Credit: Darrin Vanselow
Can a veteran dot-com investor make solar power as cheap as coal?
Bill Gross was famous during the Internet boom as the founder of Idealab, an "incubator" that hatched more than 75 companies. His best-known investment was GoTo.com, which created an online marketplace where advertisers bid for primacy in the results of Web searches--the innovation, now called "keyword advertising," that made Google wildly rich (with the all-important tweak that sponsored and algorithmically derived results should be clearly separated). GoTo.com (which became Overture Services) was sold to Yahoo for $1.6 billion in 2003.
Of course, Gross (and Idealab) never really went away. Among Gross's recent investments is eSolar, a TR50 startup of which he is chairman. The company hopes that with its technology, solar thermal energy--heat and electricity generated from sunlight using mirrors--will cost no more than coal-generated power. Jason Pontin, Technology Review's editor in chief, met with Gross at the 2010 annual meeting of the World Economic Forum in Davos, where eSolar was honored as a Technology Pioneer.
To read the entire article you must log in:
Most of our content — all daily news, blogs, and videos — is free. Magazine stories are paid. To read this story, you must have a subscription or you must use a reading credit. Registration to Technology Review is free and entitles registrants to three free reading credits.
Manufacturing in the United States is in trouble. That's bad news not just for the country's economy but for the future of innovation.