A Quote by Elon Musk
I think there are too many smart people pursuing internet stuff, finance, and law. That is part of the reason why we haven't seen as much innovation.
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There is this group of people who love innovation. Those people want to innovate, and they think the Internet is a wonderful tool for innovation, which is true. But you also have to remember that much of that innovation is constrained within the realities of the foreign policy.
People always think I get really good reviews, but I don't. That's why I don't go on the Internet much - because you can go down a dark hole looking at stuff. Once, I clicked on my name and freaked out. It's too bizarre, it's too weird, it's too unsettling.
This career is a relentless hustle because Hollywood is crowded with too many smart, talented people pursuing the same dream and the same pool of entertainment investment dollars. And unlike in law or medicine, there are no college degrees required - no barriers to entry.
I say too much of what, he says too much of everything, too much stuff, too many places, too much information, too many people, too much of things for there to be too much of, there is too much to know and I don't know where to begin but I want to try.
The Internet of Money, bitcoin, is releasing 50 yrs. of pent up innovation in finance, because it offers innovation without permission.
The reason why Silicon Valley is a worldwide innovation center is because it is a open culture that embraces diversity. You see people from all over the world. When you have many people from different backgrounds gathered together, that is where innovation comes from.
Try stuff. I also used to believe that it's better to be smart than lucky because if you're smart you can out-think the competition. I don't believe that anymore-this is not to say that you should strive for a high level of stupidity. My point is that luck is a big part of many successes, so (a) don't get too bummed out when you see a bozo succeed; and (b) luck favors the people who try stuff, not simply think and analyze. As the Chinese say, "One must wait for a long time with your mouth open before a Peking duck flies in your mouth."
I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are.
The law exists for a reason. There is a dominant American culture that people used to want to preserve. That's going by the wayside, too. But if it's now okay for an illegal alien to practice law in California, then can anybody else who's broken the law get a law license? And if not, why not?
There's book smart, there is street smart, there's relationship smart, there's too many different kinds of smarts to know all of them. Everybody doesn't know every kind of smart. There's money smart, there's movie smart, there's computer smart. There's just too many different kinds of smarts for people to know all the smarts.
Clever derivatives broke dozens of companies. It killed them. Bankrupt. We don't need these kinds of innovation in finance. It's OK to be boring in finance. What we want is innovation in widgets.
I think innovation as a discipline needs to go back and get rethought and revived. There are so many models to talk about innovation, there are so many typologies of innovation, and you have to find a good innovation metric that truly captures the innovation performance of a company.
I think the Internet has definitely made it easier for people to have stuff seen, but it's also encouraged a level of ADD, where you see so much that if it doesn't make an impact on you immediately, you don't look at it.
Part of the reason that America is born in the world is to demonstrate an openness and a goodness and a compassion that is all too absent. It's part of the reason that I feel every day so blessed that I and so many Jews have found this wonderful haven, and I hope that we can spread that message and that people who come here will find it as inspiring as I think all of us do.
There are too many people, that's why we have global warming. We have global warming because too many people are using too much stuff.
I think most of the important stuff on the Internet has been built. There will be continued innovation, for sure, but the great problems of the Internet have essentially been solved.
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