Economist Podcasts Innovation: Coming up with new ideas
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May 12, 2025 
In this engaging discussion, Alex Kendall, founder of Wave and a leader in AI for self-driving cars, shares insights from raising a record $1 billion in funding. Liz Reid, head of search at Google, dives into navigating the challenges of generative AI technology. They emphasize that meaningful innovation requires persistent effort and adaptability, revealing how companies integrate creativity into their processes. The conversation highlights the balance between technological advancement and user experience, showcasing their visions for the future of innovation.
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Bricklaying Robots in Action
- Monumental's AI-driven robots autonomously lay bricks on building sites alongside human masons.
- The robots replicate human masons' techniques, such as pushing and vibrating bricks to improve adhesion.
Innovation Needs Sustained Effort
- Innovation breakthroughs rarely come from sudden Eureka moments.
- They result from sustained effort over many years with ups, downs, and persistence.
Stay Flexible but Committed
- Embrace flexibility within a firm conviction to adapt to new technologies and ideas.
- Listen to your team and be open to approaches initially perceived as distractions.