Salim Ismail Quotes

The world has over a trillion hours a year of free time to commit to shared projects,

Jerry Michalski notes that in the past, scarcity meant value. That is, without scarcity, you didn't have a business. Now that notion has been upended. Dave Blakely of IDEO thinks about ExOs in the following way: "These new organizations are exponential because they took something scarce and made it abundant." Nokia bought Navteq, trying to buy, own and control scarcity, only to be leapfrogged by Waze, which managed to harness abundance.

Rather than using armies of people or large physical plants, Exponential Organizations are built upon information technologies that take what was once physical in nature and dematerialize it into the digital, on-demand world.

in the future, the defining metric for organizations won't be ROI (Return on Investment), but ROL (Return on Learning).

call the 6Ds: Digitized, Deceptive, Disruptive, Dematerialize, Demonetize and Democratize.

With crypto, we now have a debt-free engine that, combined with Web3, smart contracts, and gamification, provides a new, truly democratic, financial and regulatory regime that will dominate human engagement over the next decades.

6Ds: Digitized, Deceptive, Disruptive, Dematerialize, Demonetize and Democratize. Any technology that

Clay Shirky calls cognitive surplus. "The world has over a trillion hours a year of free time to commit to shared projects," he

When Kaggle runs a competition, it has found that the first responders are experts in a particular domain who say, "We know this industry, we've done this before and we'll figure it out." And just as inevitably, within two weeks, complete newcomers to the field trounce their best results.

To demonstrate, consider the number of times the founders of the following companies pitched investors before finally succeeding: Company Number of Investor Pitches Skype 40 Cisco 76 Pandora 300 Google 350

The biggest risk is not taking any risk.