To achieve big progress, we need really weird people who can challenge the status quo and change the way we think about things. However, as companies get comfortable, they lose their innovative edge and become less adaptable to change.
The podcast hosts discuss the need to continue creating and innovating, and question whether other organizations have looked at Tony Hsieh's success with Zappos as a model.
The episode features stories of technical malfunctions at an event where Farnam Street's The Great Mental Models project is discussed along with one innovator's approach of having different projects to work on.
In this episode, Walter Isaacson talks about the importance of blurring the line between the possible and impossible. He also discusses some common misconceptions related to Leonardo da Vinci's inventions, art, and life.
The obsession with innovation and progress has become ingrained in modern society's ideals, often overshadowing the value of consistency and improvements made to existing systems over time. This has led to a societal pressure for constant change and revolution in all aspects of life, rather than recognition of the importance of incremental progress.
In times of crisis such as the pandemic, occasional disruptions can lead to businesses becoming less risk-averse and more innovative. On the other hand, too much planning and detail can take away the spontaneity that is often required for one to have a good time.
The process of creating new ideas and solutions is difficult but necessary, especially in times of crisis. Despite the challenges, there are positive outcomes that can result from innovation.
The transcript discusses the story of an innovator and inventor who experienced a big setback in his superconductor work and how he dealt with it, as well as his struggle to get his film scripts produced.
The partnership between big government and big companies can prevent small companies and small countries from progressing, limiting innovation and regulation outsourcing. Career tenures for regulators take them out of reach of the electorate.
The podcast hosts discuss the challenges of selling an innovative new product and the pressure to succeed. The keyword is "innovation."