Moonshots with Peter Diamandis

EP #24 Astro Teller’s AMA: Allocating Resources for Audacious Ideas

Jan 26, 2023

Astro Teller, CEO of Alphabet's X, The Moonshot Factory, discusses innovative strategies during the Abundance360 summit. He unveils how traditional OKRs fall short for moonshots and the importance of viewing failures as stepping stones to success. The conversation dives into the emotional toll of project abandonment, the cultural shift needed for embracing bold ideas, and the evolution of Google Glass into a professional tool. Teller also emphasizes using pre-mortems to foresee failures and enhance decision-making in audacious projects.

31:15

Creator website

Episode guests

Astro Teller

AI Chapters

Episode notes

Intro

4min

Navigating the Difficult Decisions in Innovation

2min

Innovating Through Failure

16min

Collaborative Challenges in Recruitment

5min

The Journey of Google Glass: From Concept to Professional Tool

3min

In this episode, recorded during the 2022 Abundance360 summit, Astro Teller answers questions regarding Google’s OKR framework (and how it doesn’t work for Moonshots), financial incentives vs. intellectual honesty, and resource allocation for endless new ideas.

You will learn about:

01:58 | Pre-mortem exercise
07:30 | OKRs don’t work for Moonshots
09:49 | Moonshots vs. equity
19:11 | How to allocate capital for each idea

Dr. Astro Teller's expertise lies in intelligent technology as the CEO of Alphabet's X, The Moonshot Factory. X is a company dedicated to bringing extraordinary, audacious ideas to reality through science and technology. He was previously the founding CEO of Cerebellum Capital.

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Resources

Visit X’s website.

Learn more about Abundance360.

Read the Tech Blog.

Learn more about Moonshots & Mindsets.

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This episode is brought to you by:

My executive summit, Abundance360

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