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EP #7 Eric Schmidt (Ex-Google CEO): How to Run a Tech Giant
Moonshots with Peter Diamandis
The Compression of Time
I'm extremely worried that the sum of everything we're describing is causing further compression of time than we can deal with. I've been an executive for a very long time, and I used to tell people as a leader that if you had infinite time, you could do everything right. The only problem is we have the compression of time. Andy Grove years ago explained to me in a sort of true but unpleasant statement that we run three times faster than normal and the government runs three times slower than normal. Well, what's the appropriate level of response? If countries enter into a treaty, and the treaty goes like this: You have to respond proportionately but not over proportionally. That's
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