On: Innovation and Scientific Progress.

Episode: N/A

Date: January 2019

Background: Co-founder and CEO of Stripe, internet payment and services company.

Key Subjects:

• Increase in scientific knowledge may be one of the most important drivers of long term progress.
• Number of scientists has increased, but pace of scientific discoveries has declined (maybe).
  • Challenges of measuring innovation.
• Perhaps matter of diminishing returns (low hanging fruits already discovered, increased complexity).
• Perhaps matter of structure and funding of research and related institutions:
  • More conservative, group think.
• Recognizes that power law applies to innovation.
  • Rare, unpredictable events.
  • Look for strategies that increase variance to maximize occurrence of positive black swans.

Key Takeaways:

• -/-.

Worth Listening:

7/10