Markets, Morals and the Road Ahead: A Conversation with Nobel Laureate Professor Alvin Roth
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With technology, we're creating a lot more hammers – and with more hammers, we're able to find more nails. The question is whether those hammers are being made for the right purposes, and whether they will serve the right purpose. I often worry that when we talk about health-tech – it almost seems that in certain areas the tech is taking over the health.
The greatest risk often lies in people's biased perceptions of risk itself. The challenge is: how do you debias risk when everyone's perception of it is inherently biased?
We are the first generation that through its neglect could destroy the relationship between humans and the planet, and perhaps the last generation that can prevent dangerous climate change.
The single best way to have a great idea is to produce lots of ideas. The number of new ideas your organization can produce is a metric for its ability to generate novel solutions to any given problem. Your ideaflow is the most crucial business metric that you've never considered.
Some of my greatest rewards have been when I jumped off the cliff and figured out how to fly on the way down.
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