The Stephen Wolfram Podcast cover image

Business & Innovation Q&A for Young Entrepreneurs & Others (April 28, 2021)

The Stephen Wolfram Podcast

CHAPTER

What's the Cost of Optimization?

i was a consultant at belllab's back in the early mid eighties fora little while. My own feeling about why it even made sense to exist is because the phone company was a monopoly. And i think you see the same thing with countries actually. I mean, when does it really make sense to do basic science? It makes sense from a financial point of view if you're in a domain where you have the distribution channel for the stuff that's getting done.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner