A Founder’s Exponential Toolset with Azeem Azhar & James Currier
In this episode, Azeem Azhar and James Currier discuss exponential growth in technology, the Internet's role in accelerating advancements, and the societal implications. They also delve into the concept of regulatory innovation, the impact of fast-paced tech development, health data sharing, and the integration of crypto in various industries.
Key Points
- The exponential age, marked by rapidly advancing technologies, began around the 1960s with the internet and microprocessors, hitting a significant societal impact between 2011 and 2015 when tech companies became the largest in the world.
- Entrepreneurs and startups should focus on technologies with potential for exponential growth, which improve by more than 10% per year for many decades, and consider factors like learning by doing, standardization, and networks that act as accelerators.
- The current political and economic frameworks need to evolve to address the exponential gap between rapidly advancing technology and slower societal and governmental responses, considering new principles like collectivity and commons to benefit society more equitably.
Visionary Founders, instead of solving market failures or fixing problems that are clear, push market evolution. They commit to pushing society to the upward bend of the exponential technology curve.
Today, our friend Azeem Azhar, former VC-backed Founder, creator of The Exponential View blog, and author of the new book The Exponential Age, gives Founders specific hooks and non-obvious ways of explaining how quickly something’s going to change — right before it does.
For Founders, market needs are often a lagging indicator of technological progress. In many cases, like the iPhone, we didn’t even know that we needed a thing, until the thing made us want it.
Read the full NFX Essay here - https://www.nfx.com/post/exponential-age/
Chapters
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Transcript
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