“The Action Is Not A Mistake. The Main Mistake €? Inaction”

Investor and entrepreneur mark Andreessen explains how to learn to think creatively and generate innovative ideas. When Mark Andressen, the partner of venture Fund Andreessen Horowitz, I want to reflect on serious issues such as the economy or technological change, hes having a mental argument with people like Peter Thiel, Elon musk and Larry page — he considers the most courageous people, people who have worked in Silicon valley. “I have a little simulation Peter Thiel.

He lives on my shoulder. I argue with him all day”. According to him, imaginary discussions allow you to sharpen your thinking. “You can model their thoughts and needs to be very objective and fair where you are considering things from their point of view, he says.

€? So you have your view of things. Then you try to get rid of in your mind everything you know about them, and say. “Well, heres what conclusions they can make”. If given enough time, you can learn to speak with themselves. People may laugh at you when it happens, but you need this dialogue.”.

During a speech to students at the school of business Stanford University Andreessen shared opinions and advice on the role of technology in a changing economy, how to benefit from opportunities that appear throughout his career, and why the best ideas have probably already here-here will be implemented. According to Andreessen, “today, jobs around the world more than ever”, and the level of income — the highest in history. “Therefore, if technological changes lead to the elimination of jobs, we can assume that we would have seen it”.

The more pressing question, says Andreessen, is how to use status permanent change in the economy. For example, Autonomous vehicles have the potential to deprive 5 million people employed in the transport sector. “It seems that five million jobs is a lot. And thats a lot,” says Andreessen.

But looking at the overall picture, we see that “every year in the U.S. average out around 21 million jobs and generates about 24.5 million. So the real answer to the question, how to replace 5 million jobs, is that today we already did that less than a quarter of [year]”. If you look at it from the point of view that jobs will change — not disappear — it is possible to focus on more important issues. “How to prepare people to ensure that they could use the change.

How are we supposed to change peoples work. How can we empower them. He says. €? We need to talk about the fact that more people had access to all the features, which in many cases create new technologies.”.

During your career you will have to make a number of bets, says Andreessen. “Its bets on certain places, people with whom you want to work. Some of them will be a failure”. Just like in the venture business, you must understand the difference between the two types of errors.

Errors relating to actions — for example, losing all that you invest in a company — can be hard but you will eventually recover from them. Errors associated with inaction — what you dont have invested in the company, will be scarred for life. “Every very successful venture capital Fund has made mistakes of omission, really big. They could and should have been investing in some companies, but did not, says Andreessen.

€? Make a bet — lose X. Will not make a bid — you may miss 1000X”. Why do we so often make mistakes of inaction. “Almost always, the reason is that we have a theory about why something wont work, says Andreessen.

€? You get the idea, and then you look for evidence that support it, and ignore those that refute it. You focus on their ideas”. This mindset works against you, warns Andreessen, because what not worked in the past, may work now.

“The fact that MySpace has not reached the level of Facebook, does not mean that this level cannot achieve alone Facebook. So you have to be ruthlessly impartial and always be ready to reconsider your assumptions, says Andreessen. €? You have to eliminate your ego out of ideas, and it is very difficult to do.”. Andresen said that most good ideas are obvious.

They may not immediately work. For example, before the iPad has achieved great success, the Newton from Apple was useless. Instead of spending time figuring out if this will work something, he advises to ask the question, what happens when it happens. “Lets just assume for a moment that Autonomous cars to really work, says Andreessen.

€? What are the consequences?” Cars fundamentally changed our understanding of the geography of home and work. Before cars people lived in the city, to be closer to his work. The advent of the automobile was born, the suburbs, and therefore the trip to work. “And here we sit, 80 years later, wishing that when it was invented, says Andreessen. €? We all hate it.

It would be a waste of time.”. But Autonomous cars can return this time. “Suddenly you may have the idea that the hour drive really is a great advantage. What if you dont have to drive the car and intently watch the road — your car will turn into a moving living room.

What if you spend this hour playing with the child, reading the news, watching TV or even working, because you dont need to drive?”. This opens up a whole new set of questions. Andreessen says that if you can sleep in the car, the geography of everyday life will change, and the urban environment can be much more. If the car can be moving the office, “what will be the consequences, in terms of structure of companies.

What will be the infrastructure to support this kind of thing. What are the early signals show that starts to occur this kind of thing or not?”. Seeing these issues, said Andreessen, you can “map out some idea of what the future will be”.

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