Marc Andreessen is one of the top venture capitalists, having especially invested in a lot of tech startups. Contrary to the usual narrative of technology eliminating human jobs, he says they will merely augment them. He says that one way to become a top thinker or debater is to mentally spar with some such top names in the world of business such as Larry Page, Peter Thiel and Elon Musk. He states a stat to make his point on jobs changing and not getting lost. The cites that each year about 21 million jobs are lost in the US but 3 million more are created. So, assuming self-driving cars put out a maximum of 5 million people out of work, finding new work is not impossible for those displaced considering that those many are any way generated per quarter. In order to embrace business innovations, one needs to be ruthlessly open-minded. A lot of futuristic products he believes do not succeed straight way, but need the right ecosystem to thrive. Apple’s Newton for example wasn’t an outright success until the development of the iPad.

Source:https://www.gsb.stanford.edu/insights/marc-andreessen-take-ego-out-ideas?utm_source=TWITTER&utm_medium=Social&utm_campaign=Insights&Date=20180903&linkId=56374280

Uploaded Date:11 September 2018