Saffo: Smart Watches to Be Big Deal This Fall

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August 19 (Bloomberg) -- Paul Saffo, managing director of Discern Analytics, talks about technology trends of the future. (Source: Bloomberg)

Recruiting top tech talent, all that ahead on "money moves." ? ? our next guest says that 3-d printers are the next fax machine.

He is the managing director at discern analytics and also a professor at stanford university, joining us from san francisco.

Glad to have you.

I know you have been working in technology for two decades.

Where do you see it now?

I am always surprised, the way that these technologies arrive, even though you can anticipate them, if i drove this down to the point that matters, when it comes to technology you have to ask yourself if you will invest with the crowd.

Investing was three years ago.

There is a way to invest ahead of the crowd, looking at how 3-d printing is going to change the other industries.

How do you see that playing out?

People talked about this 30 years ago, but it was too early, how do you know if early is too early?

There is a rapid takeoff point.

The trick is to fix and there are different ways to do that.

Other technologies are recombining with other technologies, like smart watches coming back.

Saying it quickly with three printing, what does this mean for the ecosystem?

They will actually become institutionalized, every three to five years?

Only geeks' will have them in their homes, but it disrupts the way they make things.

An example, if you purchase the smartphone case from apple, you have a 30% case that it was reprinted, a terribly inefficient way to print an iphone case, it would be cheaper to injection mold them, except the dog for injection molds costs multiple tens of thousands of dollars.

Tastes may change before you advertise the cost of the die.

If you 3-d print your iphone case, it costs you more per unit.

Companies doing that printing think are much more nimble to consumer tastes, they just have to change the code.

The next step beyond that, there may be a cheaper and more flexible way to do it.

You mold off of that.

What this starts to do, it disrupts how we mend things and allows companies to be more nimble and changes supply chains and how we make and distribute spare parts.

I would be looking at what reprinting impacts in other industries.

For example, where is the fred smith example of express?

Saying that reprinting changes the landscape?

That is what you want to look for now.

Basically everything around it.

You mentioned smart watches, are we all going to be wearing these?

Maybe we will not all have 3-d printers, but what about smart watches?

They are all hard at work, 19 of them.

The only people that we're wristwatches anymore are people all the love to have aarp cards.

The 20-something pause and 30- something's look to their smartphone.

These smart watches are going to be so cool it will get a whole new generation interested in wearing something on their wrist.

Again, the bigger play is wearing an electronic gizmo on their wrists, they will develop a taste for expensive mechanical devices.

Much to think about, thank you so much for the time.

When we come back, we'll give you the details on the exodus of credit traders, a gallup letting the sun google, criticizing their business strategy.

And also shopping in russia, not as easy as clicking a button.

E-commerce is only just aren't to take off there for luxury and -- like rams.

Back in just a minute.


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