Innovations like self-driving cars require substantial long-term investment, often in the range of tens of billions of dollars over decades.

When powerful new technologies emerge, those who quickly understand and utilize them can create unique businesses and wealth.

The trends in technology often take longer to materialize than anticipated, indicating that we are just beginning to see the potential of the current wave of innovation.

A hard tech company requires significant time and money to build its first product, and even with ample resources, it's uncertain if the product can be built at all.

While some scientific theories take decades or longer to materialize, there are instances where breakthroughs occur much faster than anticipated, highlighting the unpredictable nature of technological progress.

Innovations in AI take time to develop and often require entrepreneurs to build upon initial ideas, as many use cases have yet to be invented.

Being an inventor involves taking risks, and the combination of innovative technology and appealing design can create a strong market demand for products.

Building a new product often requires more than two months to determine if it meets customer needs; patience is essential.

As technology evolves, one technology often runs out of steam but enables the development of the next generation of technology.