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Tim O'Reilly - WTF? What's The Future?

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Tim O’Reilly was born in Ireland and raised in San Francisco. He is one of the most influential pioneers and thinkers of the internet age. He is the founder, CEO, and Chairman of his own publishing company, O’Reilly Media. Tim is also a partner at a early stage venture firm O’Reilly AlphaTech Ventures (OATV). Tim has a history of convening conversations that reshape the computer industry. He began producing computer manuals in the late 1970s and he has been early to spot many influential tech trends ever since. In 1998, he organized the meeting where the term “open source software” was agreed on, and helped the business world understand its importance. In 2004, with the Web 2. 0 Summit, he defined how “Web 2. 0” represented not only the resurgence of the web after the dot com bust, but a new model for the computer industry, based on big data, collective intelligence, and the internet as a platformIn 2009, with his “Gov 2. 0 Summit,” he framed a conversation about the modernization of government technology that has shaped policy and spawned initiatives at the Federal, State, and local level, and around the world. He has now turned his attention to implications of AI, the on-demand economy, and other technologies that are transforming the nature of work and the future shape of the business worldAs a pertinent voice on the past, present and future of business and technology, he is often referred to as “The Oracle of Silicon Valley”. His new book “WTF (What’s the Future and Why It’s Up to Us)” is a combination memoir, business strategy guide, and call to action covering lessons learned from four decades in the industry, and how they apply to business and the broader economy. Some may argue that it is sometimes hard not to be pessimistic about what’s coming over the hill, but he is convinced that our destiny remains in human hands.

Chapters

00:00 | Trailer
01:31 Brian’s thoughts on the episode
03:59 Brian’s introduction
04:44 Opportunities afforded when rents are cheap
08:56 Keep innovation going in society by giving enough away
Create more value than you capture
11:34 Role of Governments in technological breakthroughs
16:28 Silicon Valley is hugely influential, but Tim is interested in the peripheral alpha-geeks
22:36 Tim envisions tomorrow’s world by observing today’s seemingly small indicators
27:53 The walkaway theory
33:32 How innovation doesn’t come from one place in relation to Uber, Lyft and Sidecar
41:52 Idealists sadly rarely match ruthless, hard driven businessmen like Bill Gates and Steve Jobs
43:15 Stop the ‘winner takes all players’ system
Present financial statements from a new perspective
47:10 Jeff Bezos does seem to not play to the tune of Wall Street
48:46 Algorithms may develop to match workers on demand over other industries and collate benefits
52:00 Can company culture change and what effect will the new CEO have on Uber
55:06 Success secrets
56:22 Business lessons Tim learned from going through the stress of the dot-com crash
1:02:36 How Tim sees his role over the next ten years
1:04:39 Where Tim’s personal interests lie in the future
1:05:56 We are heading for a financial Armageddon, WTF and why it’s up to us
1:10:00 The future for climate change and Trumps part in it
1:11:36 What keeps Tim awake at night
Think about what you will want to be remembered for
1:16:16 Advice to the 20-year-old Tim
1:20:26 Best advice he ever received
1:22:16 Brian’s summing up.

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