“In a world that’s changing so quickly, the biggest risk you can take is not taking any risk.”
This was the best advice billionaire entrepreneur Peter Thiel gave Facebook founder Mark Zuckerberg:
Humans in general are risk averse.
Kodak invented the digital camera in 1975. They buried it due to the profits from film. Twenty years later, they filed for bankruptcy.
Blockbuster had the chance to buy Netflix for $50 million in 2000. Netflix is now worth over $260 billion.
Nokia owned 40% of the mobile phone market in 2007. Then the iPhone came out.
The path to success is non-obvious, it is easy to get stuck in local maxima. This is a big reason why I’m learning skills in math and tech while studying medicine.
Not because I plan to quit medicine, but because the intersection of medicine and technology is where the most interesting problems are being solved right now and where I feel the future is headed.
relatively short post, slept through my alarm to post this yesterday :(