Invest Like the Best with Patrick O’Shaughnessy
Business:Investing
My guest today is Ken Stanley. Ken is a Professor in Computer Science and a pioneer in the field of neuroevolution. He is also the co-author of a book called, Why Greatness Cannot Be Planned, which details a provocative idea that setting big, audacious goals can reduce the odds of achieving something great. We discuss that revelation in detail and how to apply it in our day-to-day lives. Please enjoy this great discussion with Ken Stanley.
For the full show notes, transcript, and links to mentioned content, check out the episode page here.
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Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.
Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more.
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Show Notes
[00:02:36] - [First question] - The best way to change the world is to stop trying to change it
[00:06:26] - The kinds of goals his work addresses and the ones it doesn’t
[00:08:46] - Almost no prerequisite to any major invention was invented with that major invention in mind
[00:14:04] - Picbreeder
[00:17:21] - How looking for specific results often makes arriving at them a longer process
[00:24:00] - The importance of the individual in a web of invention and disruption
[00:28:30] - How generations progressed in Picbreeder when consensus mechanisms were inserted into the process
[00:31:24] - Examples of stepping stones that were invented that became something even greater
[00:36:02] - What his research means for how we should conduct ourselves writ large
[00:44:17] - Thoughts on necessity being the mother of all invention
[00:50:08] - The ways that society is arranged is psychologically toxic
[00:55:14] - The role that constraints play in creative output and outcomes in general; Brett Victor - Inventing on Principle
[01:01:10] - What the constraints are that he sets for himself in AI development
[01:04:44] - To know what’s new you need to know what’s not new
[01:06:47] - The kindest thing anyone has ever done for him
[01:08:28] - How he would allocate resources to create more innovation in the world
Adam Sandow - The Power of Print Media - [Invest Like the Best, EP.376]
Howie Liu - Building Airtable - [Invest Like the Best, EP.375]
Mark Groden - The Future of Flying - [Invest Like the Best, EP.374]
Dev Ittycheria - The Database Evolution - [Invest Like the Best, EP.373]
Nico Wittenborn - Finding the Adjacent Possible - [Invest Like the Best, EP.372]
Mitch Rales: The Art of Compounding - [Art of Investing, Forever Episode]
Marc Lasry - Making Bucks in Credit and Sports - [Invest Like the Best, EP.371]
Bill Gurley & Michael Mauboussin - Putting Theory into Practice - [Invest Like the Best, EP.370]
Tim Ferriss - Curating Curiosities - [Invest Like the Best, EP.369]
Ken Langone - The American Dream - [Invest Like the Best, EP.368]
Robin Dunbar - Optimizing Human Connection (Dunbar's Number) - [Invest Like the Best, EP.367]
Sean Feeney - Reinventing the Restaurant Business - [Invest Like the Best, EP.366]
Dave Fontenot - The Monastery of Code - [Invest Like the Best, EP.365]
Anne-Marie Peterson - The Capital System - [Invest Like the Best, EP.364]
Aravind Srinivas - Building An Answer Engine - [Invest Like the Best, EP.363]
Ali Hamed - Building an Investment Firm - [Invest Like the Best, EP.362]
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, EP.361]
Danny Meyer - The Power of Hospitality - [Invest Like the Best, REPLAY]
Chuck Akre - The Three Legged Stool - [Invest Like the Best, REPLAY]
Alex Telford - Unlocking Innovation in Pharma - [Invest Like the Best, EP.360]
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