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Ben Gilbert: evaluation

16 Dec 2016 Acquired Special: A Conversation with Microsoft's Head of Strategic Investments Brian Schultz

“Yes, generally in the long-term more jobs are created after one or two generations of a gap by an advanced technology, but as an industry, we really do over celebrate these gains in the short-term and really do not come up with solutions for all the people that are disenfranchised because of it.”

— Ben Gilbert

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Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
evaluation
Recorded
16 Dec 2016
Publisher
Acquired

Transcript context

…Instagram having 13 employees when it was acquired. In shock and awe of the model, actually originally kind of created by Microsoft of incredibly high fixed cost, but then oh my God, you can sell licenses to this software with zero marginal cost to the world at gigantic enormous scale, and now with the internet making that even more accelerated. Yes, generally in the long-term more jobs are created after one or two generations of a gap by an advanced technology, but as an industry, we really do over celebrate these gains in the short-term and really do not come up with solutions for all the people that are disenfranchised because of it. I think that this piece is really great. I think we’re about to have a self-driving truck, a huge change. And if anybody looks at that, that graphic that was floating around the internet about a year ago of truck driving is like the top job in 20 states. Yeah, including California.…

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