Gene Munster, Managing Partner at Loup Ventures, discusses his prediction that Amazon will acquire Target in 2018 in an expansion of its brick and mortar business.
What does Target have that Amazon wants? He notes that Target appeals to the mothers and children that Amazon does not have a full grasp on yet. He also talks Amazon's desire to expand its retail footprint. We talk about some of the language around brick & mortar and the shift to retail. Munster adds that the future of retail is not strictly online - in 15 years, consumers will still want to make a grocery run.
Munster also discusses what will happen with Target locations if the buyout occurs. Will they all continue to be Target retailers or will Amazon use some of the spaces for warehouses, etc? The same question remains when it comes to Whole Foods locations.
The U.S. economy is being held up in part by the AI boom, but that boom could still lead to broader prosperity or inequality, says a Nobel Prize winner.
Foundation Robotics co-founder Michael LeBlanc explains how humanoid robots are moving from the lab to military and industrial missions and what comes next.
Jeff Burnstein, President of the Association for Advancing Automation (A3), discusses humanoid robots, AI, smart manufacturing, and the future of U.S. industry.
Should kids be banned from social media? Nick Lichtenberg of Fortune breaks down the global push to restrict under-16 users and what it means for Big Tech.
Miso Robotics CEO Rich Hull discusses Flippy Fry Station, the future of AI-powered restaurant automation and how acquiring Zume's IP could reshape food robotics
After two years of AI-fueled spending, Wall Street is asking what's next. Gil Luria breaks down monetization, valuations, winners, losers, and AI's future.
