Just saw this tweet and was left quite confused: I thought we were done making speeches like this in 2008!
My assumption is that Vinod’s description of the technology got a bit too simplified in somebody’s attempt reduce it to quotable 140 characters. Of all investors, Vinod probably knows best how difficult it is to realize and commercialize crazy materials science ideas and discoveries in real life.
My guess is that this “magic material” is possibly a bit like the new material described in a business plan I recently saw with the tag line: Zap material in a kitchen microwave oven to produce power from heat. That actually quite turned me off from the biz plan until I checked in with the professor whose lab this had came out of and learned that the reality was a more nuanced materials science project developing novel nano-structured materials for thermoelectric power generation. Microwave energy was only a way to orient crystalline structures resulting in higher than average ZT values. They fully understand how much more they need to characterize and understand the materials’ properties before making real world claims.
Just a request: for real progress’ sake, let’s make sure we don’t over simplify what are indeed rather complicated science and engineering problems.