The James Altucher Show

590 - How to THINK like an Innovator with Matt Ridley

31 snips
May 21, 2020
Matt Ridley, a renowned science writer and businessman, dives into the world of innovation. He discusses how to think like an innovator, emphasizing the importance of evidence over credentials. The conversation touches on overcoming biases and the stark differences between scientists and true innovators. Ridley highlights the stagnation in transportation innovation compared to rapid tech advancements and shares insights on Amazon's organizational agility. With examples like the Wright brothers, he explores what traits define successful innovators and the societal shifts that fuel progress.
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INSIGHT

Clash Of Ideas Produces Truth

  • Truth in science and technology emerges from clashes between differing ideas, not from unquestioned authority.
  • Experts exist, but they are not reliable forecasters of the future.
INSIGHT

Energy Enabled Improbable Complexity

  • The Industrial Revolution linked heat (coal) to mechanical work via the steam engine.
  • That energy linkage enabled vast increases in complexity and production of 'improbable structures'.
INSIGHT

Permissionless Innovation Went Digital

  • Permissionless digital innovation rose because software required little regulatory approval.
  • Regulation redirected many entrepreneurs toward digital fields where barriers were lower.
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