ENTREPRENEURSHIP
JUT IC 501 ENT
CLASS PRESENTATION SLIDES
5TH SEMESTER
Future is Faster Than
What You Think
REPEATBLE SCALABLE
PROFITABLE
Business
Model
Dr. Prakash Kumar Prof. Rajen Jaswa Prof. Ramesh Yadava
HOD Prod. & Industrial Eng. IITB, IITG, BIT Sindri JUT, BIT Sindri
BIT Sindri Entrepreneur Entrepreneur
JHARKHAND UNIVERSITY OF TECHNOLOGY
JUT, BIT SINDRI
Rev1 Released Sep 20th 2025 Cover Design by Vinod Rao
Entrepreneurship
Dedicated
To
Mr Vinod Rao
Entrepreneurship JUT, BIT Sindri
Rameshyadava@[Link]
4
Course Faculty
Ramesh Yadava Adjunct Prof. Entrepreneurship JUT, BIT Sindri
Raj Jaswa Prof. Entrepreneurship, IITB/IITGN/VNIT
Prof. Dr. Prakash Kumar HOD Production & Industrial Engg BIT
Sindri
Prof. Suresh Roy, Entrepreneur
Invited Guest Entrepreneur Speakers
Thanks to Riya Arora Babson College Boston & Raina Arora Harker School for Drawings
Entrepreneurship
rameshyadava@[Link]
5
“The Future is Faster
than you Think”
How Converging Technologies Are Allowing
Business to Accelerate, Thrive and Advance.
Peter H. Diamandis, MD
Human development over
150,000+ years…
Local + Linear
Human development over
150,000+ years…
GLOBAL + EXPONENTIAL
EXPONENTIAL TECHNOLOGIES
Sensors
Networks
Faster, Reinventing
Artificial Intelligence
Cheaper, Robotics Every Business
Computing 3D Printing Model &
Power VR & AR Ecosystem
Synthetic Biology
Blockchain
Time from Invention to Production
Year of Invention Technology Time Lag
1852 Fluorescence 82 years 1934
1887 Radar 46 years
1933
1891 Zipper 34 years 1925
1907 Television 29 years 1936
1940 Transistor 10 years
1950
“People have no idea how
fast things are changing.”
- Undisclosed Silicon Valley CEO
SARS-CoV2
COVID-19
“COVID-19 has taught the
whole world the power of
exponentials.”
What does
EXPONENTIAL
growth feel like?
Take 30
LINEAR
Paces…
30 meters
Take 30 EXPONENTIAL
Steps…
01 02 04 08 16 32 64 128 256
1,073,741,824 meters!
26X
around the Earth!
Exponential Trend
Linear Trend
Disruptive
Stress or
Opportunity
LINEAR EXPONENTIAL
1996 2012 April 2012
MarketCap: $28B Bankrupt MarketCap: $1B
Employees: 140,000 Employees: 17,000 Employees: 13
HOW FAST CAN THINGS CHANGE IN 10 YRS?
COMPANY VALUE (2006) VALUE (2016) % Change
$14.3B $0.9B 94%
$18.1B $1.7B 90%
$12.4B $7.7B 38%
$24.2B $7.1B 71%
$24.2B
$7.1B 71%
$28.4B
$18.4B 41%
$51.3B
$31.7B 38%
$214.0B
$243.9B 15%
Source:
$17.5B
$474.4B >$1.5 T
Yahoo Finance
& [Link] 2,780%
6 D ’s
EXPONENTIAL
FRAMEWORK Democratize 6
Demonetize 5
Dematerialized 4
Disruptive 3
Digitized
(Information Tech) Deceptive
2
1
Dematerialization
20 Years Later,
All of These Fit in
Your Pocket
Demonetization
Taxi Fleets Book Stores Long Distance
Research/Libraries Classifieds Hotel Chains
Democratization
African Mobile Phone Growth: > 1B in 2017
Number of Mobile Handsets (Millions)
800
600
400
200
0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
What’s Driving
EXPONENTIAL
TECHNOLOGICAL
growth?
What’s Driving This?
1965 Publication:
Moore’s Law: “Number of
transistors doubled every
year from 1958 until
1965… and it’s likely to
continue.”
… and it’s continued for 50+ years.
Integrated Circuits
1958: 2 Transistors 1971: Intel 4004 2018: Intel Core i9-8950HK
Transistor Count: 2 2,300 Transistors > 7 Billion Transistors*
Gate Process Length: ½ inch 10,000 Nanometers 14 Nanometers
Speed: 740 KHz (.00074 GHz) 4.80 GHz
Cost of a Transistor: ≈ $1 (1968) ≈ $ . 00000024
! 6.5K (faster) & 4.2M (cheaper) "
27+ Billion-fold improvement (47 yrs.)
! A 10 Trillion-fold Improvement "
1956
5 Mbytes - $120,000 128 Mbytes - $99 128 Gbytes - $99
TECHNOLOGY CONVERTS
“Scarcity” into “Abundance”
CREATING ABUNDANCE
What do you think of as scarce?
1. Energy 5. Time
2. Water 6. Money
3. Health 7. Resources
4. Learning 8. Expertise
META-TREND
“ENERGY ABUNDANCE”
6,000x MORE SOLAR HITS THE EARTH’S
SURFACE THAN WE CONSUME/YEAR.
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
Chile: 2.15 CENTS / KWH
Mexico: 2.0 CENTS / KWH
Brazil (2019): 1.75 CENTS / KWH
TESLA BATTERY DAY - 2020
• Holy Grail: <$100/KWhr (a $25K Tesla)
• Fossil Fuel will go away
• >500 Mile Range
AUTOMOTIVE INDUSTRY COMMITS
>$300 BILLION ON EVs
• Toyota & Panasonic are teaming up
on batteries
• BMW is teaming up with solid-
state battery developer Solid Power
• Porsche & BMW are collaborating on ultra-
fast electric car charge in 15 min
• Volkswagen has invested in stealth battery
startup QuantumScape
100 Years Ago…. 1920
(4 Innovations)
1920 – 1st Commercial Radio Station
The first commercial radio
station (KDKA) begins operation
in Pittsburgh.
(Broadcasts results of the
Harding-Cox presidential
election.)
1
1920 – The Handheld Hair Dryer
2
1920 – The Band-Aid
3
1920 – The Three-Lens Traffic Light
4
META-TREND
META-TREND
“EVERYONE” IS CONNECTED
AT GIGABIT SPEED
Everyone, everywhere, at ultra-low cost.
“Connecting the Globe…”
THE 5G 1. Testing in 2019
2. Deployment in 2020
WORLD 3. 10 - 100 Gbps speeds
What will 4+ Billion New Minds…
create
discover
consume
desire invent
…Tens of trillions of annual PP
…Greatest period of Innovation (ever)
META-TREND
“EVERYTHING” IS
CONNECTED/
SENSORS EVERYWHERE
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
It’s not just people being connected, we are
connecting everything, everywhere…
2020: 20B+ connected devices & >1 Trillion Sensors
2030: 500B+ connected devices & >100 Trillion Sensors
2019 PHD Ventures A360 LLC. All rights reserved. Do not reproduce without written permission.
An Explosion of Data
SATELLITES DRONES
AUTONOMOUS CARS AR GLASSES
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
Data-Driven A.I.
“A future of perfect knowledge, where you
can know anything you want, anytime,
anywhere.... And ask questions never before
possible.”
“AI algorithms are only as good as the data
you feed it. We’re heading towards a decade
of powerful data-driven AI.”
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
META-TREND
HEALTH & BIOTECH
20 Gene Therapy Treatments Approved…
>400 Trials On-Going.
PRIME EDITING: A NEW DNA EDITING TOOL WITH THE
POTENTIAL TO CORRECT 89% OF GENETIC DEFECTS
"You can think of prime editors to be like word processors, capable of
searching for target DNA sequences and precisely replacing them….”
- Dr David Liu, Broad, MIT
META-TREND
INCREASING HUMAN
LONGEVITY &
HEALTHSPAN
“Making 100 Years old,
the new 60”
“Making 100 Years old, the new 60”
• Advanced Diagnostics (HLI)
• Stem Cells (Celularity & Fountain)
• NAD+ (Harvard University)
• Senolytic Medicines (Unity Bio)
• wnt Pathway (Samumed)
• New Organs (UnitedTherapeutics)
• mRNA (Moderna)
• Vaccines (United Neurosciences)
• GDF-11 (Elevian)
• CrispR/Gene Therapy (Editas)
FOUNTAIN LIFE
• wnt Pathway (Samumed)
Dr. DAVID SINCLAIR: INFO THEORY OF AGING
Dr. David Sinclair, reveals a bold
new theory for why we age: “The
Information Theory of Aging”.
“Aging is a disease, and that
disease is treatable.”
- David Sinclair, PhD
META-TREND
ARTIFICIAL INTELLIGENCE
“Artificial intelligence could have
more profound implications for
humanity than electricity or fire.”
- Sundar Pichai, CEO, Alphabet
© 2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
“Companies have to race to
build AI or they will be made
uncompetitive. Essentially, if
your competitor is racing to
build AI, they will crush you.”
- Elon Musk
© 2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
MY THOUGHTS….
“There will be two kinds of companies at
the end of this decade….
…those who are using AI.
…and those who are out of business.”
© 2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
Nvidia's new data center A100 GPU packs
20 times the performance of its predecessor
Speeding up intensive tasks like crunching data
to develop a vaccine to fight COVID-19.
“AI will reach human level
intelligence by 2029.”
Ray Kurzweil, Google, Singularity Univ.
AI WILL DRIVE STARSHIP AUTONOMOUS DELIVERY
ROBOTS ON COLLEGE CAMPUSES
• Each on-demand delivery costs only $2.00
• 100+ Universities to be added within 24 months
WAYMO BECOMES 1
AUTONOMOUS CAR
st
ON ROAD WITHOUT SAFETY DRIVER (25 Cities)
WAYMO: Driven >10 million miles in the real world
>10 billion miles in simulation
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
FLYING CARS ARE HERE
150 Startups / >$1 Billion per year
JOBY RAISES $590M (TOYOTA) - AIRTAXI SERVICE ©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
BOSTON DYNAMICS’ ATLAS ROBOT (2019)
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
AI (LAWGEEX) BEATS HUMAN LAWYERS IN
CONTRACT READING COMPETITION
Humans vs. AI in reading a contract:
• Humans: 92 min, 85% accuracy
• AI: 26 seconds, 94% accuracy
The decade ahead is about
“Human-AI Collaboration.”
In what industries?
Your mission is to “automate the
routine”, and “humanize the
exceptional.”
NEVER LET A CRISIS GO TO WASTE…
BE ASPIRIN, NOT VITAMINS
NEED to have, not Nice to have
RE-INVENT YOUR BUSINESS MODEL
THEN… NOW…
RE-INVENTING/Virtualizing HOSPITALS
(APOLLO India): Taking (empty) hotel rooms in
India, and turning them into hospital rooms…
(Sangita Reddy) Turning empty hotel rooms into hospital rooms with
remote monitoring and a doctor/nurse living on the first hotel.
RE-INVENTING, DISPLACING, DIGITIZING
Market Cap of ZOOM vs. Top Airlines
>$130 B
[Link]
“The day before something
is a breakthrough, it’s a
crazy idea...”
BRINGING THE SCREEN TO YOU… AR/VR
Oculus Quest 2: HTC Project Proton: Apple AR Glasses:
September 2020 Spring 2021 Spring 2021? / 2022
BRAIN-COMPUTER INTERFACE
(increasing human intelligence)
RESEARCHERS DESIGNED ‘RICE-SIZED’ BRAIN IMPLANTS
THAT CAN COMMUNICATE WITH EACH OTHER AT 10 MBPS
“neurograins”
A 100 ELECTRODE ARRAY PLUGGED DIRECTLY INTO A
BLIND WOMAN’S VISUAL CORTEX… RESTORED VISION
Univ. of Miguel Hernandez,
in Elche, Spain
“ABUNDANCE MINDSET”
A DECADE OF ABUNDANCE
2010 - 2020
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
RENEWABLE ENERGY
10X SOLAR ENERGY CAPACITY
565 Gigawatts
(2018)
40 Gigawatts
(2010)
2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
30X MORE BATTERY ELECTRIC VEHICLES ON THE ROAD
3.2 million
(2018)
113,000
(2012)
Source: Statista, [Link]
2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
700 MILLION MORE PEOPLE HAVE ACCESS TO
ELECTRICITY
6.5 B (2016)
5.79 B(2010)
Source: The World Bank, Our World In Data
2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
FAMINE
9X LESS PEOPLE DIED FROM FAMINE
Annual Rate Of People Dying Due To A Famine
Globally, Per Decade (Per 100,000 People)
2000’s: 4.3 deaths/100K
2016 : 0.5 deaths/100K
Source: Our World In Data
2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
EXTREME POVERTY
SINCE 2010, WE CUT GLOBAL EXTREME POVERTY IN HALF
Percentage of population in extreme poverty
15.7% (2010)
8.6% (2018)
Source: World Bank, Our World In Data
2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
CHILD MORTALITY
22% DECLINE IN CHILD MORTALITY (under age 5)
12 million
10 million
6.99
Million 5.42
Million
8 million
6 million
4 million
2 million
0
1990 1995 2000 2005 2010 2015 2017
Source: United Nations, Our World In Data
2020 Singularity Education Group. All rights reserved. Do not reproduce without written permission.
Final Abundance Thought…
“A negative mind will never
give you a positive life.”
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
Final Abundance Thought…
“ The World’s Biggest
Problems are the World’s
Biggest Opportunities.”
©2018 PHD Ventures, Inc. All rights reserved. Do not reproduce without written permission.
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