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
Think tank says state education reforms have set up future of the ‘Texas Miracle’
AUSTIN (KXAN) — A report released by the think tank Texas 2036 claims that ten state laws implemented between 2019 and 2025 led to “one of the nation’s most comprehensive strategies for connecting education to careers.”
The report is titled “The Next Generation of the Texas Miracle.” It can be read below.
Mary Lynn Pruneda, Texas 2036’s director of education and workforce policy, said in an announcement accompanying the report that the reforms have been steps in the right direction.
“Texas has a bright economic future ahead of it, but we have to make sure that Texas students are equipped to share in this prosperity,” she said. “Texas needs to double down on improving and investing in high-quality career pathways so that all Texas students can take part in the Texas Miracle. Thankfully, due to the Legislature’s great work over the past four sessions, we are on our way to that critical goal.”
The report gives several data points, such as a 532% increase in high schoolers earning “post-secondary credentials” since 2018, or that community colleges awarded 140,000 “credentials of value” in 2024.
It paints a rosy picture of the future Texas economy, but doesn’t source its data or explain how it reached these conclusions. It’s apparent that the think tank wants further laws related to Texas’ workforce and education.
“Texas 2036 is actively engaged in that process, pushing for data modernization and interoperability reforms that would allow the state to track whether credentials are meeting real employer needs in communities across the state,” said the think tank in its announcement.
Grace Atkins, policy advisor of postsecondary education for Texas 2036, called the think tank’s report “encouraging.”
“The early results are encouraging: more students are earning credentials that can help them move into good jobs, and that is real progress,” she said. “For students and families, these pathways can be the difference between getting by and getting ahead. The next step is making sure more Texans can earn credentials that lead to strong wages, real career options and greater economic mobility.”
Austin, TX
Austin cannabis shop: THC ban would “hurt everybody”
AUSTIN, Texas — After Senator Charles Perry vowed to introduce another bill to ban THC in Texas next legislative session, an Austin cannabis shop owner is urging lawmakers to find a middle ground.
Estella Castro owns Austinite Cannabis Co., a family-owned shop that makes and sells cannabis and hemp products.
Austinite Cannabis Co. (Photo: CBS Austin/Audrey Wong)
Her business has faced a potential THC ban before. During the 2025 legislative session, Senate Bill 3 attempted to enact a broad ban on all cannabinoids except CBD and CBG.
Castro says she was most worried for her customers. “It was a big initial hit of like, what are we gonna do? How are we gonna pivot? How are we gonna keep the doors open for everybody to keep their jobs?” she said.
RELATED | Texas state senator plans to introduce new THC ban bill in upcoming session
That bill passed, but was later vetoed by Governor Greg Abbott. Similar legislation failed to pass during the subsequent special session.
However, the possibility of a total ban bill being introduced and passed next session could spell trouble for Austinite Cannabis.
During a hearing Tuesday, July 7, Senator Charles Perry vowed to present such a bill next session as public officials, medical experts, and others discussed THC’s medical uses, effects on minors, and regulation.
Castro says over half of the store’s revenue comes from products that contain THC.
“I would say it’s about a 60/40 split: 60% THC and 40 CBD… So feel like it is a huge number that affects my store in so many ways,” she said.
ALSO | Texas French Bread reopens dining room four years after fire
She feels that a total ban on THC would negatively affect multiple parties.
“Banning it is just hurting the consumer,” she said. “Making the consumer go and find a street dealer… killing any dispensaries… it’s gonna hurt your small business owner.”
If another THC ban bill is written, it will be introduced during the next legislative session, which begins in January 2027.
In the meantime, Castro’s two stores will continue to operate as normal. She hopes lawmakers will think twice about instituting a complete ban on THC.
“I feel like we’re better than that, you know, we’re Texas,” she said. “We need to find some middle ground where it’s not a complete ban, and we can still be able to come together.”
Austin, TX
Texas’ Goosby hosts camp to benefit heart research
AUSTIN (KXAN) – Trevor Goosby is a projected first-round pick in the upcoming 2027 NFL Draft. The Texas offensive lineman anchors the group up front for one of the best teams in the country and was named a preseason All-American by Walter Camp.
But his football career felt in jeopardy when he was in high school.
“That was kind of my biggest question,” said Goosby. “I was really nervous because would I be the same football player coming back?”
Goosby was born with a congenital heart defect and had open-heart surgery when he was just 16 years old. He wasn’t sure how this would change his everyday life, including his football career.
“Definitely a lot of nerves just because you’re getting your ribs cracked open essentially and getting your heart worked on…It was a scary moment. I remember driving up to the hospital super nervous.”
Goosby was able to recover and become a great football player. He said not only has he become a person in learning to fight through adversity, but it helped him as a player as well with improved endurance.
Now, the star Longhorn is giving back as much as possible.
Goosby hosted a camp in Austin to benefit the Children’s Heart Foundation. The organization works to fund research on congenital heart defects.

The offensive tackle is matching all donations up to $20,000 made to the Children’s Heart Foundation through the event and campaign.
“It means a lot to me just because of the heart condition I did have back when I was 16. That just kind of changed my life. I just want to bring awareness to that.”
The camp was at Hyde Park High School in Northwest Austin. Goosby spoke about what he hopes the young campers took away from the event.
“I think it’s just more than football. Football is a big part of what I do but it’s not who I am…I just want to show all these kids that I’m just another great guy and just someone they can look up to.”
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