In today’s episode of Bricks & Bytes, we have Ben Weiss, Co-Founder of BinStar.

In this episode, we learn about the potential in low-tech industries like construction and the role technology can play in improving efficiency.

Tune in to find out about:

• How the construction industry represents a major market opportunity that is overlooked by many investors
• Why focusing on cost reduction and efficiency improvements is a better strategy than creating new revenue streams
• The challenges of adopting new technology in traditional industries resistent to change
• The future role of technology like drones and AI in optimisation of construction processes

If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!

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Ben Weiss | Co-Founder of BinStar

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Today’s Sponsor: ⁠⁠⁠beta⁠⁠⁠ – Construction and technology network platform

– connecting the tech industry with traditional construction partners.

Check ⁠⁠⁠⁠⁠⁠www.the-beta.com⁠⁠

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Timestamps:

(00:00:00 - 00:02:30) - Intro

(00:02:30 - 00:05:20) - Ben's background in public markets and hedge funds

(00:05:20 - 00:12:00) - Defining "low-tech" industries and why they are interesting investment opportunities

(00:12:00 - 00:25:00) - How simple technology can have massive impact on traditional businesses

(00:25:00 - 00:35:33) - SolidSpace and its solution for construction project mistakes

(00:35:33 - 00:42:00) - Advice for new investors

(00:42:00 - 00:29:30) - Outro