Sidewalk Labs Plans To Spin Out More Smart City Companies (venturebeat.com) 5
An anonymous reader quotes a report from VentureBeat: Alphabet's Sidewalk Labs plans to spin out some of its smart city ideas into separate companies, CEO Daniel Doctoroff said today at Collision from Home conference. Doctoroff listed three potential companies: mass timber construction, affordable electrification sans fossil fuels, and planning tools optimized with machine learning and computation design. Last month, Sidewalk Labs killed its Toronto smart city project, which envisioned raincoats designed for buildings, heated pavement, and object-classifying cameras. Privacy advocates celebrated that the Google sister company would not be getting invasive power to surveil residents. But as I argued in my column that week, the story was far from over. Sidewalk Labs was using the COVID-19 pandemic as a scapegoat for the Toronto project, but the company wouldn't stay idle. Here's how Doctoroff describes the plans for the urban innovation company: "There's two different avenues that our work can take, leading out of the work we did in Toronto. The first is the creation of companies based on a lot of those ideas. As an example, we are huge believers in the potential of mass timber. Lower construction costs, lower construction times, both of which could have a big role in helping to address the affordability issue. There are also massive sustainability benefits and aesthetic benefits as well. We are in the process of creating a company to in effect commercialize the construction of mass timber. Out of our efforts in Toronto we've developed a very different approach to dramatically reducing carbon emissions. One of those pieces of that approach is what we call affordable electrification, which is basically to use all electricity, in whether it's a building or in a district, without using fossil fuels. We think that there is a very important company that potentially could be created out of that. The planning tools that we developed, which we think can help to optimize using machine learning and computational design -- we think that'd be a separate company.
Separately, we will also be engaging with developers using some of those innovations that were described in our plan for Toronto, some of which we ourselves will be building into companies that help developers achieve these sorts of quality of life improvements. In some cases, we will be a capital partner as well. So we expect to play a role in the building out of the places, and just do it in a more diversified way then would have been in Toronto. We were always going to employ that strategy, this just accelerates it in some way."
Separately, we will also be engaging with developers using some of those innovations that were described in our plan for Toronto, some of which we ourselves will be building into companies that help developers achieve these sorts of quality of life improvements. In some cases, we will be a capital partner as well. So we expect to play a role in the building out of the places, and just do it in a more diversified way then would have been in Toronto. We were always going to employ that strategy, this just accelerates it in some way."
Your daily fiber (Score:2)
Google fiber?
proving smart people have ideas that either can't be executed or nobody wants....
I think the point needs to be that not every idea is company worthy.. aka profitable.
Who would buy into this? (Score:2)
That was my first though, anyway. But then I realized cities, states, and even countries continue to ignore the past the past when some corporation dangles the possibility of large amounts of money/jobs in front of their eyes... just look at Foxconn and Wisconsin, to take one recent example.
comment (Score:1)