Chapter
The Future of Economic Systems
The use of measurement systems and analytical tools can allow for the design of economic systems that prioritize job creation over total revenue while also identifying and addressing biases and prejudices within the system. It's important to take a conservative approach and design these systems based on desired outcomes.
Clips
The speaker discusses the importance of making business decisions in a conservative way, balancing the hyper-analytical with the intuitive, and maintaining high principles and good values in order to create a successful team that cares deeply for its purpose and people.
1:27:17 - 1:31:46 (04:28)
Summary
The speaker discusses the importance of making business decisions in a conservative way, balancing the hyper-analytical with the intuitive, and maintaining high principles and good values in order to create a successful team that cares deeply for its purpose and people.
ChapterThe Future of Economic Systems
Episode#367: Eric Schmidt — Lessons from a Trillion-Dollar Coach
PodcastThe Tim Ferriss Show
Eric Schmidt believes that the next 50 years will be about designing and measuring human systems using software and analytical thinking to address biased and prejudiced systems, maximize job creation over total revenue, and use necessary measurements and analytics systems to build the world we want.
1:31:46 - 1:34:38 (02:51)
Summary
Eric Schmidt believes that the next 50 years will be about designing and measuring human systems using software and analytical thinking to address biased and prejudiced systems, maximize job creation over total revenue, and use necessary measurements and analytics systems to build the world we want.