Morning My name is really am dean of the College of computing and it's really a great onor and pleasure to introduce to you today. The vicar and the. Owner of the succumbing to Kings. On Tuesday last week we got the public got a phone call from Gary may of friend of mine the foreman of the in. The beloved dean of engineering here who became the chancellor of universe California Davis and called off a lot of us the provost called me to organize in a week this meeting and several people contributed to making it happen and we made a mistake yesterday we announced that you can watch the talk on so online so as a result. We had about $160.00 hours we please more than the capacity of this room but they get some of them. For watching it online. So. It's kind of appropriate for the college of computing at Georgia Tech in the course of computing to host this event for 2 reasons software and innovation so why software the college of computing is one of only dozen college of complete computing but it is it is huge it has 11200 students almost 8000 or 9 muster students and 3500 students on campus and graduates more. Computer scientists than any other university in the United States and possibly the world in and as you may know the Bureau of Labor Statistics said there are 500000 jobs in computer science now computing computer science I.T. that and feel they're not becomes and this number will double by 2020 which is around the corner so it's the hottest area in the very clear and unbelievable successful. A software company and and you'll hear about it more in the talk. The 2nd reason is innovation. So or all in Must a poem is a the 1st of its counter there are now $22.00 followers and Georgia Tech was only on one of only 3 universities so it will only Fast Company's list of the most innovative language most innovative companies in the world there were only 3 universities to no both extend Ford and MIT so far in the one Georgia Tech the innovation was or mishears online missing C S. In the in its company was extremely innovative you will hear about it so please will come. On the T.V.. Thank you didn't go. On it to be here and I just wanted to say hey I see that yes go Kings he's got to Sacramento show Don. No but it's I just want to start by telling you that you guys are so very lucky to be here there's no better time to be alive there's no better time to be a student there's no better time to be a Georgia tag and you have like an incredible school you have amazing faculty and. The next 10 or 15 years are going to be incredible. So congratulations on getting here we actually have a yellow jacket on our team. But and he I told him he was going to shoot around and I stopped him and said hey I'm going to roll digs and he said Well say hello to everyone and I said to him on what did you do when you were on campus and he said well I had this job where I drove a golf cart around delivering packages so what I can tell you deep girl is that humans done very well he's a graduate of Georgia Tech and he's done well for himself so what I was going to do is I was going to start by just sharing my story telling you about my journey. You know how did a boy from Bombay and up on a basketball team. You know how I came what my big idea was how I fell in love with basketball and then really talk a little bit about the future why is it that I'm so excited about the future what are the opportunities that I see and then answer questions so when you get to be my age you are able to look back at your life and reflect on it and you say to yourself was there a moment in your life that was your defining moment it made you who you are and for me it happened when I was a little boy in Bombay. And it was the middle of the night I had my. Last heard to a little transistor radio and I heard these magical words one small step for man one giant leap for mankind I was listening to the Voice of India broadcast the moon landing live. All the way to Bombay so I heard these words and I was. I was just stunned I said to myself Wow Who are these people that were able to take a man put him in a box send him 250000 miles away the land on a rock flawlessly just the very 1st try what vision what brilliance what courage what imagination and I said I want to be one of these people. So I set out you know I'm going to find a way to get to America I'm going to get serious about my studies and that was my pivotal moment so I studied hard and they have this thing called. In India for those of you who are from India they know about it when I was there there were 5 I eighties and everybody took the same exam and they were like a 1000000 people kids taking the exam and I think 1500 of them were admitted and they didn't care if you were the captain of the water polo team they just cared about how you did in that exam and miraculously my name appeared on the list and so I started it I 80 now 80 was very very difficult so I ended up transferring to an easy A school I went to MIT did a couple of degrees there and then that was hard for ended up at Harvard finally so so that was kind of my educational background and I was working in Silicon Valley for a computer company. And that's kind of when I had my big idea so I was a hardware engineer and what I found is that the hardware engineers always managed to get the job done the hardware was always on time always on budget and the software just never seem to get there. And so I came up with this notion why not do software like hardware is done so if you look at a computer or if you take the top of your P.C. the problem to be solved is broken into pieces and the pieces are together by a backplane or a boss and so if you look at most companies if you had like and different systems then you would need end times and minus one or basically and squared back and forth interfaces debate them all work together and companies were spending the bulk of their IP dollars on building and maintaining those interfaces so my big idea was to create a bus just like you have a hardware. And then through a single interface an A.P.I. You could make them all connects all you had to do is connect into the bus and then everything could integrate and in keeping with my hardware background where we had the concept of interrupts my notion was that. It should be a real time bus and so I coined this expression publish and subscribe which some of you might. Use in computer science now but it was the ability to publish things on the bus and then have anyone subscribe to it and that's how I come up to came up with this big idea of a software buys So armed with this idea I started pitching it to different people and I managed to talk my way into the office of a guy called Bob Rubin Bob Rubin had just been made head of Goldman Sachs and later on he would go on to become the treasury secretary under Bill Clinton. And Bob was intrigued by my idea of a software boss and he said look you know I just been made C.E.O. of Goldman and the thing that terrifies me is the trading floor because you have these traders who have really big egos they have stacks of these video monitor and we're spending a fortune on that technology and that's got to be a better way to do it. So why don't you I'll give you a little contract why don't you tell me if you can apply this idea to my trading floor. And I said great so then he said just one more thing tomorrow in the morning I want you to meet all my partners and tell them about how you're going to change trading with your idea as a church and he said Well meet us at 7 in the morning we will have breakfast with you I said OK now of course 7 that California time that's like 4 o'clock and you know I was not much older than you guys and like that's really early for you know for a young person so I showed up there at 7 and it was 85 Broad Street in Manhattan and right at the top of the building they had a room where the partners of Goldman Sachs would meet. And so I. Went to the room and I sat down and these guys were not just like running Goldman Sachs they were running Wall Street so there I was you know just a few years older than you guys I'm sitting there and I'm surrounded by these legends of Wall Street and actually the senior most guy was a guy called Bob Nugent even though Rubin was the C.E.O. and his son ironically is now the treasury secretary but in those days Bob was kind of the. Grisly experience guy at Goldman Sachs and so they said you know tell us what you're going to do what your idea is so I started talking and then as I got into my story the door open and a guy walked in and waved him away and then. He said going and I kept going and then the door opened again and this guy walked in and he reeled in a way and then the 3rd time it happened he leaned over and he tapped me on the shoulder and he said Son you've got to relax so what happened is that I was so nervous that I kept doing this with my feet like I have this nervous habit and every time I did that it would hit a little switch under the copied and some in the waiter. And so that was kind of my big day 1st day as an entrepreneur but fortunately I managed to survive that that company went on to digitize Wall Street and I created a whole new category of software middleware basically you know integration and I became known as Mr realtime because the publisher subscribed metaphor allowed everything to be in real time I had a major investor in the company they wanted to sell the company I ended up selling it to a company called wider. And. When I was at Reuters the 1st week they had an off site outside of London and. It was like an hour's drive outside of London so they were very excited you know they had bought this company and I was kind of the new acquisition and so they wanted me to talk about my technology and so I started talking about it. And I had been beating them in the marketplace prior to that so they're not just buying me so my core technology was the information was the I would be so they said to me Hey what is this T. I.V. stand for and I said what it stands for the information buys and they said well that's what they told us at Reuters and I said well what did they tell you this it will be told us it stood for that Indian bastid so I was like OK well that's fine well the bastard won you know so but anyways so I ran this company as a part of Reuters for a couple of years and my notion and always been that. That this bus should be not just the bus for trading floors but for all the industry and that the trading floor of the eighty's was really a microcosm of how every business and how the world would look like in the future so Reuters agreed to let me license back the underlying technology and I created a company called tip. And the notion was that if you get the right information the right place at the right time and you put in the right context then you can make the world better and that company became one of the fastest growing enterprise software companies basically digitized and made real time just about every industry from retail to manufacturing to finance to. Transportation logistics and government. And so that was kind of the story of TEPCO it was what billions of dollars of grew rapidly and then somewhere along the way I fell in love with basketball. And I the way it happened is that my daughter is now 25 but she was a 12 year old I was a single dad and I was trying to find ways to spend more time in my little girl. She had 2 brothers and I had coached them in soccer. But she wanted to play basketball so I foolishly volunteered to coach her basketball team now I understand that I grew up in Bombay playing cricket and I never actually touched a basketball in my life but there's a guy called John pay who. Had played football he'd also played basketball and he ran this program in Redwood City it was like a club basketball program and. He said OK you know I get it you want to spend time with your daughter so I'm going to do your favor I'm going to let you coach her team and that great so then you know we. Had a day set when the practice would start I showed up and there was this huge room in Redwood City. Gym with multiple courts and there were 3 things that immediately struck me number one that they had this thing called a draft which I didn't know about and so they had given me the girls that nobody else wanted so some of them had never even touched a basketball Number 2 I looked around the room on the other courts and the other guys were like 7 feet tall and they were from places like Duke and Stanford they were X. Division one basketball players and then there was me and then they would see I was like terrified because I thought this was a way to bond with my little girl and instead of that you know I was going to make a fool of myself so I'm standing there and looking around seeing the other dads I got like this motley crew of girls in front of me one of them showed up in soccer clothes and I'm holding this basketball. And I'm thinking OK this is going to really end badly because I thought that this was a way to bond with Angeline and now it's going to be like a disaster but I don't want to show that so I pretended like I was really confident so I looked at them and said with great confidence I said girls today we're going to run and I made them just run up and down the court for an hour just nonstop just run run run but by the way if you said watch how our basketball team plays now it's doing the same thing so that was like the 1st practice and I said you know I can just keep making them run at some point I got to learn what this game is. So I went and I studied the game and like many of you in the room I'm kind of a Matt. And I came up with the math equation for the game and in the next practice I taught them the math equation and surprisingly they embraced it and they bought into it and we ended up winning every single game and taking the team to the national championship so of cause I I fell and I fell in love the game now there were so interesting games there would be games and basically for those of you who know basketball I wanted to win the turnover battle and I wanted to and I did a full court press the whole game long and there were games when. You know we'd be up 250 and they would tell us that we couldn't do the press anymore and there were games that we were playing against teams where the goals had been playing since they were little and. The In one case there was this coach was like this big guy and he got very very upset that we beat them and he asked me to meet him in the parking lot. And so I said OK And when you saw the film one of my closest friends was shown in the film that he's a famous running back Roger Craig So like I might not be the smartest guy but I'm not the stupidest guy so when I went to the parking lot I took Roger Craig Whitney and then it was a very cardio meeting after that. But I fell in love of the game it's just an amazing game and a few years later and by the way for those of you who read I'm glad Wells book books his latest book and the last book you go David and Goliath is. The 1st chapter is about that story and he based the book on that. But he's a great writers I would encourage you to read the book so my friend a neighbor. Called me up and he was bidding on the Warriors and was bidding against a guy called Larry Ellison who started Oracle and he asked me to join him in the in the process and so we ended up paying $450000000.00 the highest price at the time and buying buying the team. And then we got booed and the team was terrible. And just as the even got better. I got a call from David Stern of the N.B.A. and he said look you're the vice chairman and you guys you know they don't you should just buy your own team and Steve Balmer from Microsoft was going to buy the Sacramento Kings and move them to Seattle and he said look you've got to save the team and my initial reaction was that I live in Silicon Valley and finally the team is winning and this could be a decent team. I'm not I haven't even really been to Sacramento. And but then I saw the passion and the exact amount of shows will know what I'm talking about the Kings fans are just unbelievable They're like the best fans in the world and they launched a whole movement on social media and I just fell in love with the friends and I fell in love with the city and so I said OK I'm going to do this you know I came to. The U.S. but like $50.00 in my pocket. In California I was in debt to MIT and Harvard and so everything I had I owed to the state of California and I just felt as an immigrant that. This was something maybe I was supposed to do California is now the 5th largest economy in the world Sacramento's the capital so I ended up jumping in we paid 540000000 for the team won the bid and. What I had to do when I bought the team was I had to give a percent guaranteed to the N.B.A. that I would ever have in a Reno build by 2017 now again you know this kind of recurring theme you know that I'm always signing up to do things that I've never done before so like I built the house but it took me like 5 years to build a house so I had no idea how I would build an arena in 3 years but we ended up in the state ended up helping us they passed a law. As the 703 Senate bill sent for 3 that allowed us to fast track the development and we actually finished it a year ahead of that deadline in $2016.00 and I'd love for all of you to come see it sometime it's been rated the world's best arena and it's it's a high tech marvel and it's really a feat of engineering in Genuity and it also meets high social standards it's the only arena that has a platinum rating it's completely run by solar energy. You know it's the food is all local and so it's an example of what one can do where business interests are aligned with what's good for the environment and good for the community. Well then you kind of switch gears now and talk a little bit about why I started this conversation by saying that this is really exciting time to be you and you guys are really the 1st digital natives on the planet you know you guys your whole life's you live digital lives and your and your You're the natives of the digital world. And the way I see it is we're entering a new era right now I call it civilization 2 point all civilization 1.0 was the start of modern civilization it was driven by the agrarian revolution and people were farmers shopkeepers. It was the age of the. Land was that all material. Now with the industrial revolution we ended civilisation 2.0. And it was really the age of the corporations had went from the age of the design to the age of the corporation and the raw materials were energy and steel and it was all about corporate. We're now living in a time where the world's largest bookseller has no bookstores the world's largest taxi company has no cars the world's largest hotel a B. and B. owns no real estate so it's really the age of information in data and service and the raw materials are data and imagination so this is really your time. And when the world went from 100 to tool there was a massive disruption that we saw. And. Only a small percentage of the $100.00 jobs was still there during what almost people worked on farms and of course now very few people work on farms so now is the will shift from civilization to it to civilization feel. You're going to see the same phenomenon and it's going to cause dislocation is going to cause income inequality and shocked and that's why every seeing some of the political. Movements that are driven really by this disruption but the future is is very exciting and it's very bright and I believe that is 5 forces that are shaping this future and it's important to kind of understand what those are and so you can harness them and and move ahead one is just the explosion of data and you guys know this well if you look at how much data mankind has created throughout history and you call it X. and then you look at how much data has been created in the last year or so it's like 10 X. that you know today that we want data. Videos put up on You Tube and all of Hollywood and all the movie industry that created in history so just did it just keeps going up exponentially The 2nd is the rise of mobility when. The Phone 1st came out it took 100 years for that to be a 1000000000 landlines. It took 10 years for that to be a 1000000000 mobile phones and it took just one year for that to be a 1000000000 smart phones cell phones. And each of these phones that we now carry has more computing capacity than all of NASA had when I heard the moon landing so think about that there's billions of people walking around the planet with more computing capacity in their pocket than all of NASA had to put a man on the moon so this explosion of data is the rise of mobility the 3rd force is just the emergence of social networks it used to be that you had to be a large corporation to reach large audiences and now that field has been leveled so that anybody in the average social networks to reach massive audiences and it still blows me away that friend of mine Marc Benioff recently bought Time magazine $190000000.00 and $1.00 of the car dash INS created a company less than 2 years ago and that company is what the 1000000000 and so it's like 5 X. what a iconic legendary brand like time was worth so again is the part you know the social platforms allow you to reach very large audiences at a very low cost the 4th force is the rise of the Asian economies a few 100 years ago China and India were 2 thirds of the world economy and most people predict that at some point in the century we'll revert to that kind of situation and in certainly in your lifetime and the 5th factor is my favorite and I call it mad trumping science. And what I mean by this is that everything ends up being a pattern recognition problem it ends up really being a math problem. When So you really have to always figure out the why you just have to find the pattern so when scientists were trying to figure out how the AIDS virus mutated They tried for years and they couldn't figure it out they then converted into a math problem but it into a game called fold it and it within a week gamers had found the answer. And so really it's about finding the patent and you can then explain the why and we had a customer in Europe and they had a major problem with credit card fraud they were constantly trying to. Figure out how to solve it for data mining and other techniques and. Just never got that because you know you could be very strict but then you would know a lot of good customers so we kind of converted into a pattern recognition issue and what we found is very interesting that if you bought champagne razor blades and diapers it was probably a stolen credit card so now you can say OK now let me explain the why and why would that be you know is OK Well champagne it's a big ticket item item easy to make sense Same with the razor blades Well then why diapers and. The guy's trying to look like he's a dad and he needs to get home in a hurry taking diapers and he's a good guy and who's going to stop a guy buying diapers and of course you can pawn them off the so most problems end up being a pattern recognition. Of problems and the advances that we've seen with machine learning are truly mind blowing and I don't think there is a serious computer scientist on the planet who could have predicted 15 or 20 years ago that you could a self driving car you know just that would. It seems like such an impossible problem. To solve and and it's funny because you know rent cars for. When. We would call them hostages our ages are now recalling a ton of US vehicles driverless cars and your kids will probably never get a driver's license and you know you go to a stable to ride horses and you're going to they'll be going to his tractor to drive cars but when you think about the possibilities of machine learning it's really mind blowing and you know nobody could have predicted that a computer program good beat the world champion and all the champions of gold and again you guys as you know some of your computer science students and you understand just the magnitude of that problem and if you just try to brute force solution and you think of what's the largest number you can think of and you know it's not grains of sand it's not stars you know it's Adam's in the universe and there's 10 days to 70 atoms in the universe but there's 10 days to 170 combinations in the game a goal and yet another computer program in a few months was doing what had taken a game that had been played by humans for thousands of years so there you know that kind of the changes around that and the opportunities to enhance lives are going to be amazing one of the things that I'm now involved with it is I've launched a investment adventure film I've been historically lucky one of the 1st investments into Google was done it by annual holiday party. And I was lucky invested in some other companies and so the University of California had approached me about creating a fund jointly with them. And so I launched a fund called bowl capital B O W It stands for better our world. And. We're kind of the ball the entrepreneurs the arrow and what we want to do is help entrepreneurs reach escape a la city so you start a company you get some traction but then how do you actually escape of its. Orbit and reach for the stars and you know it's with the money it's with with mentorship it's with connections and so we have a whole playbook for how do you get there and so I believe that every year there be $5.00 to $10.00 companies that have the potential to be as and P. $500.00 companies and I believe that we're going to see trillions of dollars of new opportunities I'm seeing trillion dollar industries emerging every day you know and obviously just applying machine learning and computing and you know creates all kinds of disruptions but there's others as well so I'm very excited by the investing in gene yet it being there's a technology called Christlike asinine that allows you to add a jeans and literally you'll be able to eliminate genetic disorders like muscular dystrophy or you'll be able to create new new materials like yours how to create a peanut that doesn't cause allergies and you'll be able to create that that's really a massive industry you know the 2nd is like the hold micro biome you know that you know this is over 14000000000 years old the Earth is 4 and a half 1000000000 years old and you know 500000000 years after the game there was bacteria and it turns out that bacteria control humans and God bacteria and now thought to be. Really did they in fact I helped and they could be the cause of disease and so the micro biome that is going to be a huge 1000000000 doctors dollars sector you know new new materials you know they're going to be a trillion dollar sector and so. You know you have materials like graphene that you don't truly mind blowing there at them and you know they extremely conductive and then beyond screens and that the airplanes is made out of it but you could also for like salt water and get sweet water by using a. Sofas of graphene and somebody is going to crack the code and how to make it. I think shipping in logistics you know as the world gets happens on and we shift from home from stores to everything going to Amazon we don't have the roads right now and the warehouses to support the Amazon ing of the world and so shipping and logistics are rare housing that's going to be a huge huge sector so there is all these huge sectors emerging and you know for those of has been around longer if you just think of the way that our lives have changed in the last 15 years and then you try to project that out 15 years it's truly mind blowing and so you know you don't stop at the gas station to pick up a map anymore you know you don't go to a phone booth and fumble for quarters to make to make a phone call and you don't wait in line on a Friday evening at a Blockbuster. You know you don't come to Atlanta and say hey I have to remember to get my camera and so does all these things that have changed our lives and now you know 15 years out I think most medical diagnosis takes will be by a computer program already receiving that. That machine learning algorithms are better at reading. M.R.I. as in information they're better faster cheaper at doing that. Adonis vehicles will be will be like common with your reality you know 1520 years out. We will have factories will be highly automated so you know we'll use a lot less energy and we'll have less waste so I believe the world is is going to a lot better and the new industries that emerge So anyways I you know I can go on talking because I'm so excited about the future but I'll stop Dean and I'll take questions. Thank you. You know so I'll repeat the question so his AS question was that I've gone from being a tag guide to being a team and. How is that different and how is that impacted my lifestyle and yeah you know it is a huge change in and I like to joke that before I bought the kings I was still like an OK guy you know I had written 3 New York Times bestsellers I built a multibillion dollar company and helped companies and but now all of a sudden you know you're in a whole different go from being on C N B C 2 you know to being on the S.P.N. and even on social channels and and so it's for about a week you know the 1st week is kind of cool you walk in and you get a table at a restaurant but then after the 1st week for the rest of your life it's less cool because. You know you have to like you're being watched and so but it is a huge privilege and it's a huge on you know there's only 30 teams. And at the kings you know we take that with a great pride and and the 1st thing you learn when you buy a team is that you don't actually own the team you just write the checks and so the team is owned by the guys wearing the Sacramento jerseys and it's owned by them it's sort of the city you know it's owned by the fans and you're just a steward and hopefully you can be a good steward so we have really. My mission statement of the kings is build a winning franchise that enhances the lives of those it dodges and makes the world a better place and we've really taken that to heart you know our $1000000000.00 investment in the city has completely revitalized the city it's transformed the city when I got that the city was on the decline it's now become the fastest growing city in the state it's become one of the top 3 destinations for millennia. We've created thousands of jobs and billions of dollars in economic activity but we've also step beyond that you know we're going to really. Been very involved in Evangel. In the game internationally to other countries China India and so on and we've also taken also show responsibility very seriously and so when. What the kings we had this issue with the Clippers owner and I became the focus on the public to speak out and go on Good Morning America on other shows and say that you know we have there's 0 tolerance for that kind of behavior you know more recently we had these demonstrations where I actually were playing the Atlanta team and the owner and I were having dinner along with Chancellor me in my private room when I was summoned by a member Dean over there who runs our business and. You know we had demonstrators and you know the way that we handled it we formed a partnership people get close business in the country to form a partner for that with. Like lives matter and with Bill Black and really I'm trying to make it possible for every kid in the city to have access to the digital future and so we view it as a it's a privilege and it's an honor but it's also a responsibility yes I have a couple of questions. How do you want your engineering background throughout your entrepreneurship journey. You know it's been terrific because you know we as engineers you know you look at everything in you you kind of trying to frame it in a engineering construct. And I think it's a fabulous background to have because really at the end of the day as an engineer you're a problem solver and it almost doesn't matter what the problem is you know you kind of approach it the way you think and the way you approach it is highly structured and I think that's great but I do want to say one thing that I'm also a big fan of a liberal arts education even though I have a left brain education I think you know the right brain is important as well. Giving round of applause to wonderful an inspiring speaker.