I always pay attention to those kinds of people. But Larry [Page] and Sergiy [Brin] were just trying to do something interesting. We under-rate the accidental entrepreneur, who makes something happen because they love what they do and think there's a problem worth solving. Google's greatest achievements were when they were motivated by access to all of the world's information.
What's the Future and Why It's Up to Us Whether companies like Amazon and Facebook are capturing more value than they're creating and are they becoming dangerously monopolistic Why traditional maps of the world such as financial statements and short-term shareholder value need to be revisited What Tim thinks about the FCC winding back net neutrality What businesses need to think about to map out their business model for the next economy Will technology take our jobs?
AI and its impact on humanity Government 2. It is told from the perspective of someone who has been personally present at the most important moments in the fast-paced history of tech, and who played a significant role in those moments. It's a rare and important piece of criticism that inspires even as it dissects.
Please do read this book. O'Reilly asks a simple question, not just about the platform economy, but about any new or powerful technology: You don't want to run out of gas on your trip, but you're not doing a tour of gas stations. First off, they have great education with small class sizes, intensive teaching, they have concierge medicine. They have incredible opportunity to enjoy the fruits of the good life.
Why wouldn't we want that for everybody? If we had the machines doing more of the work we could all live like rich people and that I think is kind of the vision. As the founder of O'Reilly Media, Inc. His latest book, a readable mix of memoir, industry analysis and strategy guide, considers the ways new technologies are changing the nature of business, education, government and the economy. Things that once made us say "WTF? Judged by the hollowing out of modern economies, there is something wrong with that theory. We've got the economy running on the wrong algorithm.
That's according to Tim O'Reilly, founder of O'Reilly Media and Silicon Valley's favourite futurist, who argues that optimisation for corporate profits above all else—and often at the cost of jobs—is becoming untenable. Tim O'Reilly believes we need to have a reset. This means more coming from him than it does from most people. The year-old CEO, born in Ireland and raised in San Francisco, is one of the most influential pioneers and thinkers of the internet age. His publishing company, O'Reilly Media, began producing computer manuals in the late s and he has been early to spot many influential tech trends ever since: His new book, WTF: What's the Future and Why It's Up to Us, looks at work and how jobs will change in a world shaped by technology.
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. And optimism about the future has been a huge, driving positive force in the economy. And once we become afraid of technology, we become afraid of progress. And I feel that the tech industry deserves some of the blame for that. Because all we've been talking about is disruption—what we're going to destroy.
And the kinds of values that are often espoused by the tech industry really are an anathema to the main street economy in which many people live. They're only going to do that if that's what we tell them to do. And a lot of what we have to think about is: Why are we telling them that? When Wall Street's priorities come before society's, he said, the financial markets become a 'rogue AI,' making choices that are ultimately bad for us.
In this, he cites the bogeymen of all tech optimists, the Luddites. But he suffuses his discussion of them with both empathy and optimism. Not the self-serving optimism of the wealthy libertarian. But the fact-based optimism of a thoughtful technologist who is, at bottom, a realist. If that's the case, the systems we are building today, like Google and Facebook and financial markets, are really more important than the fake ethics of worrying about some far future AI. We tend to be afraid of new technology, and we tend to demonize it, but to me, you have to use it as an opportunity for introspection.
But it's a little bit like the genies of Arabian mythology. We don't quite know what we're asking, and it almost always turns out that we didn't ask the question quite right. So Facebook didn't mean to create hyperpartisanship in America, for example. They didn't mean to create avenues for fake news, for spammers, for foreign agents to interfere in the US election, but they did.
And we expect them to work on their algorithms; we expect them to work on their business process; we expect them to fix it. But here's the core idea that's so important. Our entire economy is run by algorithms In this special episode, O'Reilly tells us about his new book WTF, which argues that the technology industry has become tone-deaf—and that the only way to avoid mass technological unemployment and achieve shared prosperity is to rethink the algorithms that govern our whole economy. And 30, 40 years ago we started telling companies 'Optimize for share price above all else. Treat people as a cost to be eliminated.
If these giants get sideswiped, it could be because of the fatal flaw in large tech companies that's often drawn social ire and regulation—the will to exploit their dominance. How the current tech titans meet this challenge likely will determine how shareholders fare as well. When you think about AI routinizing being an analyst at a bank.. But think about being a good teacher. Think about being a good caregiver.
These are things that we actually don't value very highly, and maybe we should be valuing them more highly. But it starts with that imagination. The future that we can imagine shouldn't be a dystopian vision of robots that are wiping us out, of climate change that is going to destroy our society. It should be a vision of how we will rise to the challenges that we face in the next century, that we will build an enduring civilization, and that we will build a world that is better for our children and grandchildren and great-grandchildren.
They are bettors in the financial market casino, while the world's great problems—and the people who could be solving them—are no longer seen as the proper focus for investment. We have told our companies to optimize for 'the bottom line,' while treating people as a cost to be eliminated. It doesn't have to be that way. We can build an economy that treats people as an asset to invest in.
In the current anti-tech atmosphere, some may deride the publication as a self-serving effort by a Silicon Valley guru. My view is precisely the opposite: Tim's book is a feast. Part memoir and part forward-leaning manifesto, it's full of contrarian insights and fresh lenses for framing tech's ever-baffling trajectory. Masters of Fashion Vol 37 Paris: Legends of Paris Fashion Part 1 Sep 12, Provide feedback about this page. There's a problem loading this menu right now.
Get fast, free shipping with Amazon Prime. Get to Know Us. English Choose a language for shopping. Amazon Music Stream millions of songs. Amazon Drive Cloud storage from Amazon. Alexa Actionable Analytics for the Web. AmazonGlobal Ship Orders Internationally. The argument for open borders is compelling — and deeply problematic. In our collective zeal to reform schools and close the achievement gap, we may have lost sight of where most learning really happens — at home. Researchers are trying to figure out who gets bored — and why — and what it means for ourselves and the economy.
As it turns out, she can be pretty adamant in that realm as well. Suspenders may work better, but the dork factor is too high. How did an organ-squeezing belly tourniquet become part of our everyday wardrobe — and what other suboptimal solutions do we routinely put up with? Could something as simple and cheap as cognitive behavioral therapy do the trick?
Hire a Harvard psych professor as the pitchman. How has Harlan Coben sold 70 million books?
What can the rest of us learn from his breakthrough? But society keeps exacting costs — out-of-pocket and otherwise — long after the prison sentence has been served. Failure Is Your Friend In which we argue that failure should not only be tolerated but celebrated. But it still might be the biggest gamble in town. Think Like a Child When it comes to generating ideas and asking questions it can be really fruitful to have the mentality of an eight year old.
The practice of medicine has been subsumed by the business of medicine. This is great news for healthcare shareholders — and bad news for pretty much everyone else. A lot of the conventional wisdom in medicine is nothing more than hunch or wishful thinking. A new breed of data detectives is hoping to change that. The White House is hosting an anti-terror summit next week. Summits being what they are, we try to offer some useful advice. Verbal tic or strategic rejoinder?
Most people blame lack of time for being out of shape. So maybe the solution is to exercise more efficiently. Imagine that both substances were undiscovered until today. How would we think about their relative risks? Corporations around the world are consolidating like never before. The Norwegian government parleys massive oil wealth into huge subsidies for electric cars. Is that carbon laundering or just pragmatic environmentalism?
And what does it take to succeed? The regulators are happy to comply. Who Runs the Internet? Somebody has to pay for it — and that somebody is everybody. A look at whether spite pays — and if it even exists. Should Tipping Be Banned? But is your name really your destiny?
What would it take to really fall in love? The Upside of Quitting You know the saying: To which Freakonomics Radio says … Are you sure? When it comes to exercising outrage, people tend to be very selective. Could it be that humans are our least favorite animal? So maybe we should ask them to do more? But 1 billion humans still smoke — so what comes next? Its potential is much more exciting than that.
DESIRE Groupe consists of DESIRE Brand Management (A full service branding and communcations Agency), Fashion Industry Broadcast (Global lifestyle. Which is more important to New York City's economy, the gleaming argues that creative industries like fashion, art, and music drive the economy of New York a subscription that delivers hand-picked children's books every 1, 2, or 3 months. . In The Warhol Economy, she has unlocked the best-kept secrets in New York.
Women Are Not Men In many ways, the gender gap is closing. In others, not so much. And that a Queen song, played backwards, can improve your mind-reading skills. In most countries, houses get more valuable over time.
In Japan, a new buyer will often bulldoze the home. Part 2 The consequences of our low marriage rate — and if the old model is less attractive, how about a new one? Part 1 The myths of modern marriage. Save Me From Myself A commitment device forces you to be the person you really want to be. What could possibly go wrong? Was he right to do so? But is the stereotype true? Spontaneous order is everywhere if you know where to look for it.
Freakonomics Goes to College, Part 2 College tends to make people happier, healthier, and wealthier. Economists crunch the numbers to learn the ROI on child-rearing. Once upon a time, office workers across America lived in fear of a dreaded infirmity. Was the computer keyboard really the villain — and did carpal tunnel syndrome really go away? So how about punishing all those bad predictions?
But is that really such a good idea? You might think that someone with a chance of getting a fatal disease would want to know for sure — but you would be wrong. What does this say about our supposed thirst for certainty? So why do we put up with burglar alarms? It may be because of something that happened well before the Great Recession. No Smokers Need Apply In many states, it is perfectly legal to not hire someone who smokes.
Should employers also be able to weed out junk-food lovers or motorcyclists — or anyone who wants to have a baby? In the meantime, how about making the current system work a bit better? Get ready for a fat tax, a sugar ban, and a calorie-chomping tapeworm. Sure, we all like to hear compliments. Unfortunately, no one has a workable plan to stop them either. The very long reach of Winston Churchill — and how the British government is remaking copyright law.
But some enterprising economists have done just that — and the news is good. Stephen Dubner chats up three of his former professors who made the magic happen. But a British outfit called Pro Bono Economics is giving away its services to selected charities. But what do they actually do? And does it work? Until you start to do the math. Turkey sex and chicken wings, selling souls and swapping organs, the power of the president and the price of wine: Which is pretty much all the time.
But be careful — because nothing backfires quite like a bounty. Over Sure, we love our computers and all the rest of our digital toys. But when it comes to real economic gains, can we ever match old-school innovations like the automobile and electricity?
The Tax Man Nudgeth Real tax reform may or may not ever happen. Again I think the biggest thing we do is change the incentives for financial engineering. Facebook is still trying to convince lawmakers and the public that it's making its business more transparent. Are You Ready for a Glorious Sunset? Download SBS News app. For example, First Lady Jacqueline Kennedy was a fashionable icon of the early s who led formal dressing trend. Traditional motifs on textiles are no longer considered the property of a certain social class or age group.
So why are players still being treated like criminals? Binge drinking is a big problem at college football games. Oliver Luck — father of No. If you think working from home offers too many distractions, just think about what happens at the office. But you may be surprised if you dig into the numbers.
If we want our kids to thrive in school, maybe we should just pay them.
Once a week, the British Prime Minister goes before the House of Commons for a lightning round of hard questions. What do you do when smart people keep making stupid mistakes?
A new study says that yes, it is — but try telling that to the United Nations officials who are preaching sustainability practices. Does the future of food lie in its past — or inside a tank of liquid nitrogen? How much does the President of the United States really matter? And what are we missing out on? Is booing an act of verbal vandalism or the last true expression of democracy?
Do more expensive wines taste better? Measuring workplace morale — and how to game the sick-day system. The left and the right blame each other for pretty much everything, including slanted media coverage. Can they both be right? A look at some non-obvious ways to lose weight. Education is the surest solution to a lot of problems.
We all know the answer is yes. But the data — and Rudy Giuliani — say no. Encore The thrill of customization, via Pandora and a radical new teaching method. The science of charity, with economist John List. Is booing an act of verbal vandalism—or the last true expression of democracy? There are many odd by-products, often inspired by how the incentives line up for those in power. But beware the unintended consequences.
High-stakes testing has produced some rotten apples. But they can be caught. Did we needlessly scare ourselves into ditching a good thing? And, with millions of cars driving around with no passengers, should we be rooting for a renaissance? You know the saying: There are more than twice as many suicides as murders in the U.
Think you know how much parents matter? We worship the tradition of handing off a family business to the next generation. But what happens next is just as important. Conspicuous conservation is about showing off your environmental bona fides. Freakonomics Radio hits the road, and plays some Quiz Bowl! A bounty hunter could be coming after him, too. A researcher embeds himself in the city where Americans are most likely to kill themselves.
We talk to a U. Geological Survey physicist about the science — and folly — of predicting earthquakes. There are lots of known knowns; and, fortunately, not too many unknown unknowns. Probably Not Fire deaths in the U. How did it happen — and could we ever get to zero? Martha Nussbaum would rather use something that actually works.
To get a lot of followers on Twitter, do you need to follow a lot of other Tweeps? And if not, why not? What if we were wrong? This week, lessons on pain from the New York City subway, the professional hockey rink, and a landmark study of colonoscopy patients. Part 2 What do a computer hacker, an Indiana farm boy, and Napoleon Bonaparte have in common? The past, present, and future of food science.
Alice Waters for the slow foodies and Nathan Myhrvold for the mad scientists. Klein spent the past eight years at chancellor of the biggest school system in the country. What happens when the most disturbing ideas are also the best? But is that true for wine? We do, however, love to play the lottery. So what if you combined the two, creating a new kind of savings account with a lottery payout? The NFL is very good at making money. The explanation is trickier than you might think. One is filled with compliance-driven bureaucracy. The other, with market-fueled innovation. But something is changing in a multi-billion dollar corner of the Department of Education.