The Benefits of Autonomous and Electric Vehicle Technology

Jay Richards interviews Tom Alberg, Founder, Madrona Venture Group and Co-chair of the ACES Northwest Network, about ACES’ efforts to bring Automated, Connected, Electric, and Shared vehicle technologies to the Puget Sound region. Alberg dismisses the idea that these new technologies will lead to job loss because innovation has always created more opportunity, not less.

Tom is a co-founder of Madrona and actively works in support of Madrona and its portfolio companies. Tom is a director for Impinj, a former Madrona Portfolio Company that is now a public company. Tom has served on the boards of numerous public and private companies including Amazon.com on which he served since before it went public in 1997. Tom is co-chair of ACES Northwest Network, a coalition of businesses supporting the implementation of autonomous, connected, electric and shared vehicles in the region.

He serves on the boards of TechNet Northwest, the Pacific Science Center, and Challenge Seattle. He was formerly a member of President Obama’s National Advisory Council on Innovation and Entrepreneurship. He is also on the Investment Committee of the Seattle Foundation. Ranked number 12 of the 35 most influential business leaders in the Seattle area by Puget Sound Business Journal. “The most difficult part of my job? Measuring my enthusiasm for every idea I hear. There are a lot of exciting ideas and great entrepreneurs out there.”

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