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Brian Bergstein discusses MIT Technology Review's 2013 list of the 50 companies making the biggest impact on the tech world
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Why.
Bill lot of people coming out of MIT are part of this term.
What -- a creative destruction.
And the fifty companies making the biggest impact on the tech world is something that the MIT technology review.
Does on an annual basis joining us to discuss that is.
Brian Bernstein deputy editor of MIT technology review thank you for joining us -- -- get -- -- -- first -- -- -- -- -- writer -- retirement and thank you for being with -- so when you talk about companies making the biggest impact gore.
I disruptive companies of 2013 are we talking about down.
That term is the economics term is -- not creative destruction.
Right creative destruction is a.
-- the idea that out of pummeled in an industry and an economy new ideas take groups and for the foundation.
Other companies that.
You know provide new jobs -- new ideas new products so yeah has got their.
And see you guys put this list out as maybe something a tool for investors he put it out because these -- the companies at the forefront of changing our society and our economy.
It's more than a lot of this is it really have a set of stock tips so if someone were to -- -- look at technology review dot com slash -- fifty that's our fifty disruptive companies last.
What we're trying to do think and a fine.
-- companies that are.
Producing innovations that will matter a great deal in the coming years still doesn't sit and I'm sorry doesn't necessarily it doesn't doesn't mean they're good investment -- -- I'm -- it and we've seen good investments because our quick I don't wanna say Research in Motion but -- -- Research in Motion.
Let's talk real quick about some of the companies on the list first we've got among the computing and communications companies Amazon apple Google Intel.
Leave motion and chemed MC ten IBM but they make.
The -- So in general the list is.
A measure whether a company has done something.
-- and disruptive.
Or is on the verge of doing something destructive.
We're not really giving awards for general innovative -- we're not counting patents we're not looking at.
Numbers of researchers are looking at is -- something that this company has done they can say is let me challenge you.
What -- front of about apple I mean I know Apple's very good at making stuff but the usually take someone else's idea -- perfected -- it.
Lot of people say that they have perfected anything in the last year to.
That's -- green actually had to think hard about apple this year that's a that's a great question and there's certainly no company's automatic on the list.
This year we actually thought that what apple has done to.
Bring it to Retina Display technology.
To scale -- up into monitors that was.
That -- that was as significant enough.
To count as as a breakthrough and to sort of keep its place on the list and we think that TV will be -- thing we keep silent on the west next year but of course Germany's -- And very quickly Intel I know that they have been trying to switch gears from PC chips to more of the mobile device chips is that the reason there on the list.
So that's actually this is an example of company that could be disruptive.
Based on something it's done -- hasn't yet -- Intel.
Yes -- right find yourself a really tough position it is you know practically nowhere in the mobile chip market but it has managed to produce mobile chips.
That actually outperform some of his arrivals OK so it is the potential -- pretty common and break into that market -- all the market our sales force and everything that it covers the table.
From investing standpoint I'd remember during their last earnings report and they were selling off actually active but investors are making mistake that is that stock is.
Got a great dividend yield but I -- let's go to the next list.
Also among these companies Microsoft.
We think robotics Mozilla Samsung.
Xerox.
Xerox.
-- -- yesterday's news.
Yeah.
I think that they are doing a good job.
Moving from their past what is it you know what is now slow Grotrian -- business -- into using technology.
And novel ways is -- you one example Xerox technology sort of provides intelligence behind.
Smart services and Citi would never know as a Xerox thing but.
In Los Angeles for example there's a Smart dynamic priced -- party system Xerox.
Provides all the intelligence -- that.
Okay.
-- let me go to the Internet digital media companies I want to get through some of these other companies FaceBook obviously.
-- his -- Safari club is then that's not safari the browser and anyway -- it.
Not I don't without thought.
Right now -- of -- -- com is a company in Kenya that is done done really novel things that mobile phones is a huge opportunity in countries back.
Do you really have.
Fortunate to have let me ask -- -- -- through the front straight into mobile as far as I'm driving now what about I always got to correct incorrectly -- aerial is it that's the -- area.
As area -- -- Kelly tell me about Barry Diller doesn't really cool they have a service that essentially essentially lets you watch.
Free broadcast TV on a portable device whenever you want it sort of a DVR McLeod.
You pay a monthly -- -- area but it's got a novel way of putting a tiny.
-- in a data center so that you can watch broadcast TV.
On this -- on -- terms.
And they and they -- the lawsuits.
And the days are numbered for Time Warner Cable Comcast that's a discussion for another day Bryan -- -- very quickly the website where people can see the complete list.
Technology -- dot com slash -- fifty thank you very much all the best to you sir thank you thanks for having me.
