4.6 • 13.2K Ratings
🗓️ 14 November 2024
⏱️ 109 minutes
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0:00.0 | Someone was leaking information on Google, and this stuff is incredibly secret. |
0:04.8 | So what are the secrets? |
0:06.5 | Well, the first is... |
0:07.4 | Eric Schmidt is the former CEO of Google, who grew the company from $100 million to $180 billion. |
0:14.4 | And this is how. |
0:15.6 | As someone who's led one of the world's biggest tech companies, what are those first |
0:18.9 | principles for leadership business and doing something great? Well, the first is risk taking is key. If you look at Elon, |
0:24.8 | he's an incredible entrepreneur because he has this brilliance where he can take huge risks and fail |
0:29.8 | fast. And fast failure is important because if you build the right product, your customers will |
0:34.3 | come. But it's a race to get there as fast as you can because you want to be first. |
0:39.3 | Because that's where you make the most amount of money. |
0:41.3 | So what are the other principles that I need to be thinking about? |
0:43.3 | So here's a really big one. |
0:44.3 | At Google, we had this 70-2010 rule that generated $10, 20, $30, $40 billion of extra profits over a decade. |
0:51.3 | And everyone could go do this. |
0:53.3 | So the first thing is, what about AI? |
0:55.4 | I can tell you that if you're not using AI at every aspect of your business, you're not going to make it. |
1:00.8 | But you've been in the tech industry for a long time. And you've said the advent of artificial |
1:04.8 | intelligence is a question of human survival. AI is going to move very quickly. And you will not |
1:10.7 | notice how much of your world has been co-opted by these technologies because |
1:14.5 | they will produce greater delight. |
1:16.1 | But the questions are, what are the dangers? |
... |
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