2min chapter

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#100 Chairman of Kleiner Perkins, John Doerr: Getting Into Trouble with Disruptors

Grit

CHAPTER

Climate Isn't a Tech Wave, Is It a Market Displacement?

Climate isn't a tech wave, it's a monster market displacement. For us to build the new clean economy, it's going to be a forty year effort and we'll be investing roughly four trillion dollars a year for every one of those years. This is an amazing opportunity and an existential challenge. I think is what it would have been like to win world war too. We took all that productive capacity and started making fighter aircraft in battleships and guns and boats. And we won. The next wave is a i and i think there's broad agreement about that. But we're still in the early days of bai and what its impact will be.

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