Austin, TX
Michael Dell takes stage at SXSW 2024 to talk about failure, AI, Austin, UT and more
Michael Dell, founder of Round Rock-based Dell Technologies, views himself as technology optimist, and has had a front row seat to technology changes for the past 40 years since founding his company.
“It’s all just the preview for what’s to come,” Michael Dell said. “When I think about the future role that technology will play in the world, I think about the incredible innovations that we’re already starting to see in healthcare driven by technology … there’s never been a better time to be alive.”
During South by Southwest, he said these hopeful views also extend to Central Texas.
“My optimism is not just about technology. Technology has played a major role in all the great things that have happened in the world and certainly here in Central Texas,” he said.
Dell Technologies is one of the largest private employers in Central Texas, and employs 133,000 worldwide, including 13,000 in the Austin-area. The company saw a strong pandemic-era boom as people shifted to working from home and the company saw demand for its personal computers and other products boom. But it did cut 5% of its employees in 2023 to prepare for an expected economic downturn.
The founder and CEO spoke about his company, his thoughts on entrepreneurship, business, risk-taking and Austin in a Thursday South by Southwest session with Austin-based analyst Patrick Moorhead, of Moor Insights and Strategies.
Failure is a part of learning
Michael Dell founded the company when he was a freshman at the University of Texas, and said it was these early days where he learned about the importance of developing a team.
“You’ve got to surround yourself with great people, stay curious, always be learning,” he said. “We learned that integrity, reputation are the most valuable things and took a long, long time to build up and it’s really easy to destroy.”
He described being fortunate to be able to get a lot of people to join him “on this great adventure” and that Austin turned out to be a great place to attract people to.
Failing and making mistakes is a part of the learning process, he said, and it’s important to be agile and flexible. He said that at Dell Technologies it’s okay to make mistakes as long as the same mistakes aren’t being made twice. He views it better to try 10 things and get six right, than to try five and get all five right.
“Nobody has the right answer,” Dell said. “You’ve got to go figure it out.”
Michael Dell says artificial intelligence development is enormous
“It’s amazing to see the rapid pace of innovation and what’s going on,” Micheal Dell said, adding that technology comes in waves, but this one seems “bigger, more important and more significant.”
He said technology has always been a part of “enabling human potential,” and while he’s optimistic about AI, he acknowledged it will be hard for regulators to imagine how fast the technology is evolving.
“(AI development has) got to be done in a thoughtful way and reflect our humanity and I believe it’s going to be enormous,” Michael Dell said.
Moorhead also said AI is going to transform businesses.
“The last big opportunity out there was the Internet,” Moorhead said. “We’re at the beginning of a transition that’s not only going to make a lot of waves in the tech industry but also with people and corporations.”
On taking Dell Technologies private
Michael Dell, who founded Dell Technologies in 1984 and took the company public in 1988, took the company private in 2013 before returning to the public market in 2018. In the session, he said the time period that Dell Technologies was a private company brought a lot of challenges, but ultimately helped bring the company to its latest chapter. He added, public investors don’t really like volatility, so going private was a way to accelerate the company’s transformation.
“We’re in an industry where the pace of change is only going to accelerate,” Dell said. “It’s a ‘make quick change or die’ kind of industry and major transformations involve financial volatility.”
Austin then and now
Dell said he has had a front seat to watching Central Texas grow over the past several decades, and while it has grown significantly, the region has a great combination of innovative businesses and universities that make businesses of all sizes thrive.
“I believe that entrepreneurs go where their ideas flourish and are welcomed. Capitol goes where there’s opportunity, and extreme wealth,” Michael Dell said. “Turns out Texas is a great place for that … It’s been fun playing a part in that.”
Michael Dell said Austin’s natural beauty, balance between growth, development, mobility and all the things that make Austin special, will continue to help the city remain a great place full of opportunities.
“I’m bullish on Austin and Texas,” Dell said.
The importance of universities ‘can’t be overstated’
During his session, Dell emphasized the role the University of Texas plays in making Austin’s innovation scene and companies such as Dell Technologies possible, and said higher education institutes bring incredible resources.
“The importance of the University of Texas and the other universities in Texas, really can’t be overstated,” Dell said. “If you find great companies, there’s always a great university nearby. There’s no place in the world where that doesn’t exist.”
Advice for a nine-year-old
Michael Dell also answered a question about life advice from perhaps the youngest audience member, a 9-year-old.
“Learn as much as you can. Dream big. Have as many experiences and learnings as you possibly can, prepare yourself for the future,” Michael Dell said. “Find something you’re interested in and curious about exploring, and hopefully parents will let you do it.”
Austin, TX
Texas I-35 high-speed rail proposal is put into motion by lawmakers
AUSTIN, Texas – Austin lawmakers are putting a proposal in motion that has been in the works for years; plans to build a high-speed rail on I-35.
The goal of House Bill 483 is to connect Dallas, Austin, and San António, using high-speed rail.
“The excitement and enthusiasm around this bill has been kind of overwhelming. I am surprised how much everyone is paying attention to it. I’m excited and encouraged. I think Texas is a booming state, with a booming economy, but we are far behind infrastructure options for residents,” says State Representative House District 136 John Bucy.
House Bill 483 submitted by lawmakers in Austin spells out plans for a high-speed rail expected to reach speeds of 110 miles per hour, connecting Dallas to Austin to San Antonio along interstate 35.
“The interconnection of these major hubs that we are all traveling all the time would benefit our day-to-day lives. It is a way to a different mobility of travel then flying or driving in a car, it would be faster than driving in a car it would be safer. Many years ago, Rick Perry had plans to add more lanes and add a train up the I-35 corridor. We are not doing enough for infrastructure, and it needs to get done,” says Bucy.
Last year, Travis County Commissioner’s Court Judge Andy Brown met with officials in Bexar County to discuss the possibility of a passenger rail between Austin and San Antonio, pending an environmental study.
Mayor Watson also highlighted opportunities for developing an inner-city passenger rail to congress, in November 2023.
This year, The Texas Passenger Rail Advisory Committee discussed plans to add a high-speed passenger train along the corridor between Austin, San Antonio and Monterrey, Mexico.
This month, State Senator Sarah Eckhardt joined in efforts to get house bill 483 passed.
“This is going to be a long process. We are going to try to get this bill by first continuing to raise awareness, asking for a hearing in committee that won’t be until February or march at the earliest, so that process will be beginning, committee hearings and then hopefully we can continue to build support for it,” says Bucy.
According to the bill, high-speed rail would be constructed through state funds.
“What we are doing is directing the Texas Department of Transportation to enter into an agreement so they would have a bid process, people would make their bids for building and maintaining this line, so it would be like public private partnership,” says Bucy.
Rep. John Bucy says the goal is to get the bill to the governor’s desk.
“I know the governor loves to talk about Texas’s innovation and moving forward I would think a new high-speed mobility would be right up his alley,” says Bucy.
The bill would take effect in September 2025 if it is passed.
Austin, TX
Texas Supreme Court overturns ruling that state Attorney General Ken Paxton testify in lawsuit
(AP) – The Texas Supreme Court on Friday overturned a lower court ruling that state Attorney General Ken Paxton testify in a whistleblower lawsuit at the heart of impeachment charges brought against him in 2023.
The court on Friday said Paxton’s office does not dispute any issue in the lawsuit by four former Paxton employees and agreed to any judgment in the case.
“In a major win for the State of Texas, the state Supreme Court has sided with Attorney General Paxton against former OAG employees whose effort to prolong costly, politically-motivated litigation against the agency has wasted public resources for years,” a statement from Paxton’s office said.
An attorney for one of the plaintiffs declined immediate comment, and a second attorney did not immediately return a phone call for comment.
The former employees allege they were improperly fired or forced out for bringing to the FBI allegations that Paxton was misusing his office to protect a friend and campaign donor, who in turn, they said, was helping the attorney general to conceal an extramarital affair.
The Supreme Court ruling noted that the Texas governor and Legislature have expressed a desire to hear testimony from the witnesses prior to agreeing to appropriate funds to settle the lawsuit.
The court said forcing Paxton, First Assistant Attorney General Brent Webster, Chief of Staff Lesley French Henneke and senior advisor Michelle Smith to testify earlier could improperly be used for legislative purposes in deciding any appropriation.
Under the preliminary deal, Paxton agreed to apologize to the former employees for calling them “rogue” employees, settle the case for $3.3 million and ask the state to pay for it, prompting the state House to reject the request and begin its own investigation, leading to the vote to impeach him.
Paxton was ultimately acquitted after a Senate trial.
The Supreme Court termed its ruling conditional upon the lower trial court complying with the decision, while saying it is “confident the trial court will comply” with the order.
Copyright 2024 The Associated Press. All Rights Reserved.
Austin, TX
This Texas city ranks among 10 best to live in the US. See full list, how others scored
See how the Austin skyline changes annually from ACL Fest 2024
It’s another year of Austin City Limits Music Festival, which means we have an updated photo from 2024 to show the change in Austin’s skyline since 2005.
A Texas city has been named among the top ten U.S. cities to live in over the next two years.
Ten Texas cities were included in the U.S. News & World Report’s 2025-2026 Best Places to Live list. For the annual rankings, U.S. News analyzed 150 major cities in the U.S. based on quality of life, job market, value of living and people’s desire to live in the area.
How did your city fare on the list? Here’s a breakdown of the data.
LIST: 10 best US cities to live
Texas’ capital secured a spot in the top 10 places to live, as determined by U.S. News.
- Naples, Florida
- Boise, Idaho
- Colorado Springs, Colorado
- Greenville, South Carolina
- Charlotte, North Carolina
- Raleigh, North Carolina
- Huntsville, Alabama
- Virginia Beach, Virginia
- Austin, Texas
- Boulder, Colorado
Austin offers healthy balance of work and pleasure, US News says
Austin had an overall score of 6.8 out of 10, compared to Naples’ score of 7.1. The Texas capital also scored 6.8 in the quality of life index, with a value index score of 6.3.
“With the slogan ‘Keep Austin Weird,’ this Texas city is laid-back to the point that if you’re dressing up, it must be a life event,” the U.S. News analysis says. “People here enjoy the outdoors, even more so with their dogs. Austin has a contagious vibrancy and enthusiasm.”
U.S. News notes Austin’s strongest assets are a mix of work and pleasure. The number of companies headquartered in Austin makes it attractive to working professionals, especially those in technology, government, education, and health care. But the capital is far from being “all work, no play.” Its claim as the live music capital of the world invites music lovers to take a listen, whether at the airport, along streets downtown, or at one of the approximate 200 venues throughout the area.
Austin also ranked no. 32 on U.S. News’ Best Places to Retire in 2025 list.
LIST: Best Texas cities to live
Here are the rankings and scores U.S. News gave for the ten Texas cities included in the list:
Ranking
City
Overall Score
Quality of Life
Value Index
#9
Austin
6.8
6.8
6.3
#48
McAllen
6.4
6.6
7.6
#62
El Paso
6.3
6.5
7.3
#77
Corpus Christi
6.2
5.8
7.0
#87
Brownsville
6.2
6.2
7.7
#89
San Antonio
6.1
6.1
6.8
#95
Dallas
6.1
6.4
5.6
#97
Houston
6.1
5.9
6.2
#99
Beaumont
6.1
5.5
7.3
#107
Killeen
6.0
5.9
7.3
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