Tim Ferriss

Tim O'Reilly – The Trend Spotter (#278)

Tim O'Reilly.
Credits: Peter Adams / Faces of Open Source (http://facesofopensource.com/tim-oreilly/)

“Money is like gas during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations.” – Tim O’Reilly

Tim O’Reilly (@timoreilly) is one of the most fascinating polymaths I’ve ever encountered. Wired has called him “the trend spotter” in the world of tech and macrotrends.

Tim is the founder and CEO of O’Reilly Media, Inc. His original business plan was pretty simple: “interesting work for interesting people,” and that’s worked out pretty well. His company has generated hundreds of millions of dollars in revenue doing everything from online learning, book publishing, running conferences, urging companies to create more value than they capture, and trying to change the world by spreading and amplifying the knowledge of innovators.

In ’93, Tim launched the first commercial website. In ’98, he organized the meeting where the term “open source software” was agreed upon and helped the business world understand its emerging importance. Tim has now turned his attention and is very focused on Artificial Intelligence (AI) and its implications, the on-demand economy, and other technologies that are transforming the nature of work and the future shape of the business world.

His new book is WTF?: What’s the Future and Why It’s Up to Us

Please enjoy!

You can find the transcript of this episode here. Transcripts of all episodes can be found here.

Tim O'Reilly – The Trend Spotter

Want to hear another conversation with a futurist? Listen to my interviews with Kevin Kelly. In this 3-part conversation, we discuss population implosions, The Long Now Foundation, organizational methods for learning, and much more.

Ep 25: Kevin Kelly – WIRED Co-Founder, Polymath, Most Interesting Man In The World
Ep 26: Kevin Kelly (Part 2) – WIRED Co-Founder, Polymath, Most Interesting Man In The World?
Ep 27: Kevin Kelly (Part 3) – WIRED Co-Founder, Polymath, Most Interesting Man In The World?

This podcast is brought to you by Peloton, which has become a staple of my daily routine. I picked up this bike after seeing the success of my friend Kevin Rose, and I’ve been enjoying it more than I ever imagined. Peloton is an indoor cycling bike that brings live studio classes right to your home. No worrying about fitting classes in your busy schedule or making it to a studio with a crazy commute.

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QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.

Scroll below for links and show notes…

Selected Links from the Episode

  • Connect with Tim O’Reilly:

Website | Twitter | Facebook | LinkedIn

Show Notes

  • How is Tim O’Reilly like the Cookie Monster? [08:24]
  • How I managed to get a Sesame Street staff jacket. [10:11]
  • Humorous stories about Tim’s mother and the petty criminal side of the family. [13:10]
  • What happens when formerly illegal businesses are decriminalized and the Catch-22 faced by potential entrepreneurs barred by prior convictions. [16:16]
  • What do Tim’s many siblings do? [22:46]
  • What advice would Tim give to a parent whose child is bright but disinterested in school? [27:32]
  • “First will what is necessary and then love what you will.” [31:17]
  • Why did Tim make the transition from studying classics to writing technical manuals? [33:46]
  • How Tim’s concept of perception was shaped by mentor George Simon and the ideas behind Alfred Korzybski’s General Semantics. [39:18]
  • Is our consciousness evolving, or are we just getting further removed from reality? [50:35]
  • How did Tim come to write a book about Dune author Frank Herbert? [54:38]
  • Is the nuclear family a crime against humanity? [56:44]
  • Fiction books Tim would suggest for people who are usually non-fiction purists. [1:01:10]
  • Poetry recommendations and where to start. [1:05:25]
  • How did Dale Dougherty and Tim recognize the potential of advertising on the World Wide Web before everyone else? [1:08:54]
  • How bringing in a Sierra Club activist helped O’Reilly’s early Internet marketing efforts. [1:17:25]
  • Elaboration on the Hal Varian observation: if you want to understand the future, just look at what rich people do today. [1:20:22]
  • Why Tim believes we’ll never run out of jobs — provided we fix what he considers a broken economy. [1:24:39]
  • How might we appropriately change the way commodities are valued beyond supply and demand? [1:29:12]
  • Technology doesn’t want to eliminate jobs — it wants to solve problems. [1:33:52]
  • What’s the story behind O’Reilly’s “create more value than you capture” slogan? [1:35:59]
  • Tim’s take on Google’s “don’t be evil” slogan. [1:37:07]
  • Are the financial markets the first rogue AI?  [1:39:50]
  • Money as a tool, not the object; the danger society faces when the most rewarded provide the least value. [1:47:15]
  • Why does Tim read bestsellers from bygone eras? [1:57:13]
  • How has Tim coped with challenges to his normal optimism? [2:04:43]
  • Parting advice. [2:10:09]

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