Business, Innovation, and Managing Life (August 23, 2023)

Stephen Wolfram answers questions from his viewers about business, innovation, and managing life as part of an unscripted livestream series, also available on YouTube here: https://wolfr.am/youtube-sw-business-qa

Questions include: Just saw your new blog about Ed Fredkin–what an interesting read! What was writing the blog like? Do you enjoy these more biographical pieces vs. more purely technical pieces you've written? - ​When you first created Wolfram Language and the other products around it (Mathematica), how did you develop a team of engineers/scientists to work on building your vision? - Any advice for students returning to school in the coming weeks? - ​Any advice regarding trying to promote technology "from the future"? - I really would like to program, but I feel like I need to grasp every concept before moving forward. Should I give up? It seems like there's always something I don't know, and sometimes others can't explain it, either. Do you deal with this? Any tips? - Do you think it's harder to kick-start a business today than it was 40 years ago? - Agree: Finance, especially quantitative finance, is a black hole for talent/smart minds. - Picking a major that determines your life/career at 18 seems daunting. What advice do you have? I worry about picking something and regretting it later, or feeling like I've wasted my time if I decide to change my major after a year or two. - Some industries just squeeze the juice out of bright young people until there's nothing left and you're replaced: finance, consulting, law, advertising, etc. How do you avoid this? - Regarding: Picking a major that determines your life/career at 18 seems daunting. What advice do you have? I worry about picking something and regretting it later, or feeling like I've wasted my time if I decide to change my major after a year or two. - What do you think is the best way to organize creative work? Personally, I don't think much of creative work is possible to formulate in a step-by-step plan off the bat. - I envy cats with their 18–20 hours/day of sleep. - If you are running a business, is it necessary to have the knowledge or ability to run any aspect of that business yourself, or can you rely on people to run those areas for you? - If you read books, you get better at reading books. If you program, you get better at programming. If you program with a book next to you, you get better at finding relevant examples in that book. But you don't learn to program by reading a book. - Do you think philosophy is still relevant in all these areas? - How would you deal with falling down the recursive rabbit hole too much? Because this makes learning about a specific subject extremely slow. - What do you make of company governance? Is there a "best way to set up a company board" etc.? - I'm really curious on your thoughts about these UAPs as a leader in your field. What is your opinion on what's going on?