2min chapter

Wisdom From The Top with Guy Raz cover image

GE: Beth Comstock

Wisdom From The Top with Guy Raz

CHAPTER

GE's New Policy Is Going to Be This

Former GE CEO says the company's new policy was more granular than just reducing emissions. He said it had to be good for the environment and economical, meaning our customers have to be able to afford it. "We were already making some of this kind of technology," he added. The investor community at the time thought it was just a PR move; they couldn't see the numbers yet.

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Speaker 2
You don't have to defend your decision, but I do love that you described your decision. It's important whenever you look at the success you've had and the heart you've had to get to where you're at to just understand the decision because other founders, other future founders will listen to this show generally. And then this, maybe this episode in particular in here's story and say, okay, that's why Alex chose the BSA. That's why he rationalized that and the balance you mentioned. And then future them is going to weigh that against their scenario, their context and obviously the way that open source has changed in that day and make their own decision. But it's important to look at why you made the decision of BSL and eventually open source versus open source and then how that defense comes around with ancillary product as you mentioned versus the singular best product and defending against the
Speaker 1
clouds. And it's likely for those that are going to listen to this in the future in five years. Remember we started this in 2019, so in like four years or five years, a decade later, it's very likely that a different set of trade-offs may make sense for that particular time and context. And so it's all extremely contextual. And I've actually spoken with all of the CEOs in particular, the people that have to make the decision on licensing and how that affects the sellers and the seller's salary that affects their family, where like you have to design your people's quota attainment and that quota attainment defines the salary that they bring home. That's when the impact of licensing has like a big sort of mental tolerance. Man, I really can't screw this up. You know, this is like the one thing I need to take care of my people. And so I talked to a bunch of them and at the time that we chose that license, that felt like the right balance. I need 10 years, it may be totally different. And so I think context, if there's one thing people take away context skiing and we evaluate at the time, the world may be a different place.

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