It’s becoming harder to be an expert warns Entrepreneur and investor Paul Graham.
What’s worse, Graham suggests being locked in the way things currently are is the biggest risk for today’s experts as change accelerates across society.
This climate of change makes it tough for investors like Graham to identify the next big things for them to stake money on; when the experts are often wrong it’s hard to figure out whose right in picking what business or technology will be successful in a few years time.
Graham suggests betting on people, particularly the “earnest, energetic, and independent-minded” is a better way of finding the next wave of successful businesses and his views are a useful reminder that ultimately its people who find ways to implement and profit from technology.
The paradox with the changes we’re facing is that the technology is the easy part, it’s the human and social consequences which will surprise us.
Which is why Paul Graham is right about our having to think outside the boundaries of our own expertise.