etech 09 keynote: work on stuff that matters

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Work on Stuff that Matters Tim O’Reilly O’Reilly Media, Inc. www.oreilly.com ETech March 9, 2009 Monday, March 9, 2009

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Slides from my ETech 09 keynote. Reasonably good summary of the talk itself can be found at http://is.gd/mFkKSome video clips at http://bit.ly/RNvAV

TRANSCRIPT

Page 1: ETech 09 Keynote: Work on Stuff that Matters

Work on Stuff that Matters Tim O’Reilly

O’Reilly Media, Inc.www.oreilly.com

ETechMarch 9, 2009

Monday, March 9, 2009

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• Photo by Jeff Kubina: http://www.flickr.com/photos/kubina/47264499/in/set-1030659/

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Not an investment bubble - a reality bubble!•Financial crises•Worst income inequality since the Gilded Age•Oil price shock•Global warming•Decline in science literacy & education•Water scarcity•Exotic diseases•Aging populations and soaring health costs•Decline in US economic competitiveness and innovation

•Dysfunctional political system

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A lot of people thought I was saying to work on non-profits, or maybe social ventures...

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I’m actually saying that the world’s great challenges are also the world’s great opportunities

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What we choose to fight is so tiny!What fights us is so great!If only we would let ourselves be dominatedas things do by some immense storm,we would become strong too, and not need names.

When we win it's with small things, and the triumph itself makes us small.

--Rainer Maria Rilke, The Man Watching

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“Big Hairy Audacious Goals”

--Jim Collins and Jerry Porras, Built to Last

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“We need to connect citizens with each other to engage them more fully and directly in solving the problems that face us. We must use all available technologies and methods to open up the federal government, creating a new level of transparency to change the way business is conducted in Washington and giving Americans the chance to participate in government deliberations and decision-making in ways that were not possible only a few years ago.”

- From Barack Obama’s campaign platform on technology

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Take the long view

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Scenario Planning and “Robust Strategies”

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Forecasts by Major Oilfield Equipment Group

Active Rigs(Yearly Averages)

Scenarios for Oil Drilling: 1980–90

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Forecasts by Major Oilfield Equipment Group

Active Rigs(Yearly Averages)

Actual

Scenarios for Oil Drilling: 1980–90

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IBM’s original forecast for the PC

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IBM’s original forecast for the PC

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Scenario Planning

Singularity

Global Economic & Environmental Collapse

Governmentsaves us

We saveourselves

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Scenario Planning

Singularity

Global Economic & Environmental Collapse

Governmentsaves us

We saveourselves

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Choose your own adventure

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1. Work on something that matters to you more than money

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Taking a Road Trip

• http://autos.canada.com/greatcanadianroadtrip/index.html

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Taking a Road Trip

• http://autos.canada.com/greatcanadianroadtrip/index.html

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It’s not a tour of gas stations!

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This might be where you end up

http://www.nytimes.com/slideshow/2008/06/12/opinion/0613-GASPUMPS_index.html

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2. Create more value than you capture

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Build a simple system - let it evolve

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The first IBM PC

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Be friendly to those who extend you

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housingmaps.com - the very first Google maps mashup•It was a “hack.” Google learned from it, quickly, and turned it into a supported feature

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Be generous in boosting the work of others

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“Changing the world by spreading the knowledge of innovators.”

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