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#338 – Chamath Palihapitiya: Money, Success, Startups, Energy, Poker & Happiness
Lex Fridman Podcast
The Pros and Cons of Moving Fast and Breaking Things
The pro of moving fast and breaking things is to quickly move into the space of the things we don't know and acquire knowledge. It implies aggressively picking up lessons from mistakes while moving quickly. However, when systems become big and have broad societal impacts, there is no more room for open-ended experimentation. Moving methodically becomes important to avoid severe consequences. Mistakes in critical industries can have huge externalities that are difficult to measure until after the fact, emphasizing the need to slow down.
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