Because the retail industry is being so disrupted by new technology, Target Corp. wanted to get out front of the game by partnering with Colorado-based Techstars, forming Techstars Retail Accelerator. The managing director of the Accelerator, Ryan Broshar, says the first step of the project was to explore 3,000 startups from around the world. About 600 companies applied and ten were chosen for the intensive three-month program. Cyndy Brucato of Greater MSP Business recently talked with Broshar, who says Minnesota’s strong tech community was a big reason for centering the project in Minneapolis.
What do they have in common? You guessed it — they’ve all experienced major data breaches that exposed tens of millions of users’ sensitive personal and/or financial data. Yahoo was actually victimized twice, each attack compromising hundreds of millions of users. (Oh, Yahoo.)
The Singularity itself — the moment when human and machine intelligence become inseparable — heralds “the dawning of a new civilization that will enable us to transcend our biological limitations and amplify our creativity.”