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Alex Telford Blog
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19 September
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Their words
And more than half the rise in the top 1% share since 1985 flowed through the pass-through businesses that was a "tax efficiency innovation" feature of the Reagan Revolution.
17 September
16 September
14 September
10 September
8 September
7 September
5 September
3 September
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korrents.com
Innovation tends to come from slack time away from firefighting, not from being fully utilized.Their words
Innovation often comes from having time to focus on other work, instead of putting out fires.
2 September
31 August
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Their words
in education there's a concept that I think is really poison and why we have trouble innovating in education which is there's a view that you must serve everybody all at once for free like just anything you do in education no matter who it's for they're like I'm going to come up with a counter example where it doesn't work for everybody all at once for free and that's not how products are developed
29 August
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Their words
In the 70s and 80s, Japanese companies could get cheap plentiful bank loans to develop new products and explore new markets. Today, they can't. Innovation is downstream of finance.
28 July
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Their words
In 1969, we landed on the moon for the first time and the same year we flew Concord, the faster than the speed of sound airliner. The future was supposed to be faster and better. where we're supposed to look forward to innovation in air and in space. And yet, half a century later, we can't go to the moon and we can't fly faster than the speed of sound.
26 July
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Their words
we want we want to encourage everybody and every company to build their own AIs. And and and who knows what innovation will come from the fact that it's open source.
14 July
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Mixed onaffiliate linkrcmnd.app
Stay Calm: Learn to Embrace Uncertainty in Investing and LifeTheir words
It might have worked even better as two separate books, rather than as one short book trying to do two things. But Booth's writing is soothing, and his overall message — investing is simply a bet on human innovation and progress — is a truism worth repeating. Young people, in particular, might benefit from reading it.
24 June
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Their words
Like every single time there's just like the big innovation like cloud computing, like higher level programming languages, for whatever reason things do not like it doesn't lead to fewer programmers. And I would have expected it would have.
14 June
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Their words
in the Peter Teal sense it's almost a moral arbitrage because there's something in our gut as a product you you became a founder an entrepreneur because you wanted to go be an innovator and so it can feel like a beatdown that your path to innovation starts with copying other people's work
10 June
29 May
23 March
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Their words
So you get this rapid, incredible great talent, rapid innovation because of open source and just, you know, the nature of friends, and, and insane competition. Among the company, what emerges is incredible stuff. And so this is the fastest innovating country in the world today
11 March
From one piece From IDEs to AI Agents with Steve Yegge 2 beliefs, in the piece's order there
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korrents.com
The big companies are already dead and simply do not know it yet; every innovation from here comes from the fringes.Their words
So, I think what's happening is we're all looking at the big companies going, "When are you going to give us something?" And the answer is we're looking at the big dead companies. We just don't know they're dead yet.
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korrents.com
Google has produced no innovation since 2008; everything it has shipped since has been acquisitions.Their words
In fact, innovation died on the vine like all together and since I don't know, 2008, there has been no innovation from Google. It's all been acquisitions. They have they've created nothing new.
7 January
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Lovedaffiliate linkrcmnd.app
Empowered: Ordinary People, Extraordinary ProductsTheir words
The sequel to Inspired, this book explores what the best product companies have in common. “Most people think it’s because these companies are somehow able to find and attract a level of talent that makes this innovation possible. But the real advantage these companies have is not so much who they hire, but rather how they enable their people to work together to solve hard problems and create extraordinary products.”
9 December 2025
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Their words
the reason it's a catastrophic way to be paid my argument is that marketing is actually fat tailed so is innovation R&D pharmaceutical research science okay in other words 5 to 10% of what you do delivers perhaps 110% of the value
4 December 2025
12 November 2025
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Their words
so I can make the argument that oh my god uh if you're a model company you may be you may have a winner's curse you may have done all the hard work done unbelievable innovation except it's kind of like one copy uh away from that being commoditized
13 August 2025
From one piece Keyu Jin: China's Economy, Tariffs, Trade, Trump, Communism & Capitalism | Lex Fridman Podcast #477 5 beliefs, in the piece's order there
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Their words
And remember that DeepSeek happened in times of crisis, urgency, not in times of comfort. A lot of these technological breakthroughs and leapfrogging happens in times of crisis. This is called crisis innovation. And you got to thank the US for that. When the Chinese were comfortably importing chips from the US, the whole industry stalled for 20 years.
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Their words
Industrial policy was heavily criticized and again, if I talk to my Harvard professors, they’ll be very, very, very skeptical about the role of the state, especially in such a major way. But if you look at the Chinese experience, the evidence for success is all there. The cities that have pushed the most on supporting that particular sector ultimately did the best in terms of production, but also in terms of innovation, measured by patents. It’s all in the data.
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Their words
The US will lead for some time on breakthroughs on disruptive technologies, the zero to one technologies that ultimately change the world. But innovation is a process. It goes from invention to production and commercialization and diffusion, diffusing technology throughout all parts of the economy. And on those two stages, I think that China has a unique advantage, even if it still can’t do the zero to one breakthroughs, because in the end, how much this technology is adopted by the countries and by the various parts of the economy is fundamentally crucial to how much productivity will be unleashed.
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Their words
One interesting point is that, in China, you ask the companies to innovate first, and then you regulate after, right? So, that has led to things like P2P platforms. It’s led to lots of kind of financial innovations, some of which has actually been very helpful and good, some of which had been disastrous, but the intention to regulate after the fact is to really not slow down or hinder the innovation. This is a very different approach from Europe. You regulate first, and then companies have to work around that.
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Their words
Do you want technological supremacy and radical breakthroughs? Well, yes. If you do, then you have to tolerate that there are going to be some people who are just going to be uncomfortably rich, like in the United States. You can’t say that you detest the financial system for its greed, but then not accept the fact that it is what fuels innovation, right?
11 June 2025
17 April 2025
6 April 2025
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korrents.com
Innovation depends on being near the factory floor; you cannot improve what is thirty hours of travel away.Their words
When the factory floor is down the hall, instead of 30 hours of travel away, it’s easier to make improvements and invent.
2 February 2025
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Recommendsrcmnd.app
How Innovation Works: And Why It Flourishes in FreedomTheir words
The Knowledge: How to Rebuild Our World From Scratch, How Innovation Works: And Why It Flourishes in Freedom, How to Invent Everything: A Survival Guide for the Stranded Time Traveler, A Connecticut Yankee in King Arthur's Court, Principles for a Changing World Order
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Recommendsrcmnd.app
A Connecticut Yankee in King Arthur's CourtTheir words
The Knowledge: How to Rebuild Our World From Scratch, How Innovation Works: And Why It Flourishes in Freedom, How to Invent Everything: A Survival Guide for the Stranded Time Traveler, A Connecticut Yankee in King Arthur's Court, Principles for a Changing World Order
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Recommendsrcmnd.app
How to Invent Everything: A Survival Guide for the Stranded Time TravelerTheir words
The Knowledge: How to Rebuild Our World From Scratch, How Innovation Works: And Why It Flourishes in Freedom, How to Invent Everything: A Survival Guide for the Stranded Time Traveler, A Connecticut Yankee in King Arthur's Court, Principles for a Changing World Order
+ 2 more
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Recommendsrcmnd.app
The Knowledge: How to Rebuild Our World From ScratchTheir words
The Knowledge: How to Rebuild Our World From Scratch, How Innovation Works: And Why It Flourishes in Freedom, How to Invent Everything: A Survival Guide for the Stranded Time Traveler, A Connecticut Yankee in King Arthur's Court, Principles for a Changing World Order
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Recommendsrcmnd.app
Principles for a Changing World OrderTheir words
The Knowledge: How to Rebuild Our World From Scratch, How Innovation Works: And Why It Flourishes in Freedom, How to Invent Everything: A Survival Guide for the Stranded Time Traveler, A Connecticut Yankee in King Arthur's Court, Principles for a Changing World Order
10 January 2025
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Lovedrcmnd.app
Bandwidth: The Untold Story of Ambition, Deception, and Innovation that Shaped the Internet Age and Dot-Com BoomTheir words
See an excerpt explaining why I loved reading this book.
7 January 2025
20 December 2024
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Their words
I don’t think many in the West have yet fully internalized a mental model of China as a source of genuine innovation.
9 December 2024
10 October 2023
2 March 2023
From one piece Choose People 2 beliefs, in the piece's order there
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korrents.com
Labour-saving innovation in rich countries is aimed at the only asset most of the world’s poor have to sell.Their words
Therefore, we have the perverse situation that the richest people are hiring some of the most talented and technologically sophisticated people on the planet to engage in innovation aimed at driving down the demand for labor—the major and often only asset of the world’s poor.
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Their words
But, whether it makes financial sense or not for the individuals involved, they are responding to distorted prices, not scarcity, and the world is not better off from their invention and innovation.
23 September 2022
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Their words
But if there’s one thing we know, it’s that for industries that are fueled by creativity and innovation, command-and-control leadership is poison.
7 September 2022
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korrents.com
A society cannot morally be based on the way evolution works, even though competition is what drives innovation.Their words
Morally, we cannot base society on the way that evolution works.
26 August 2022
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Their words
The specificity matters here because each innovation in the chain required not merely the discovery of the principle, but also the design and an economically viable use-case to all line up in order to have impact.
9 August 2022
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korrents.com
Organizations sincerely believe they want insights and still suppress them, because insights are disorganizing.Their words
What blocks insight is that organizations say they want insights and they want innovation and they really don't. But they're they're being serious. They think they want insights. But insights are disorganizing.
30 June 2021
From one piece Why It's Hard to Innovate in Construction 2 beliefs, in the piece's order there
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Their words
In many cases, the person specifying a new system won’t capture the upside from actually using it - they’ll be under a sort of reverse moral hazard, where the benefits accrue to the rest of the project team, but the risks will accrue only to them.
Why It's Hard to Innovate in Constructionconstruction-physics.com
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Their words
A new or innovative system that involves changes to the process thus incurs a significant risk penalty that would likely exceed the expected benefits of the innovation.
Why It's Hard to Innovate in Constructionconstruction-physics.com
21 June 2021
28 October 2020
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Likedaffiliate linkrcmnd.app
Biomimicry: Innovation InspiredTheir words
Who are the best engineers and designers in the world? Nature. This book is an interesting, science-heavy look at some really interesting properties in nature we could use to learn from as we try to design new technology. Benyus takes us across the spectrum from photosynthesis, to agriculture, to spiders. If you want to geek out on a little biology while applying it to technology this is a good read.
18 October 2020
5 June 2020
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Lovedrcmnd.app
How Innovation WorksTheir words
I read How Innovation Works by Matt Ridley in a few hours. It is a delicious book.
1 January 2020
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Their words
First, even if most of the workforce learns little, a few thousand line engineers become the world’s greatest experts in electronics assembly.
16 September 2019
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Recommendsrcmnd.app
The Creativity Code: Art and Innovation in the Age of AITheir words
It's increasingly coming to the fore and Marcus deals with it in a really interesting way. He takes us through lots of different areas where AI is being used to mimic creativity, which some people would argue is the essence of being human. It's interesting to see how close to being human AI is getting.
22 July 2019
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Their words
We challenge this approach. It encourages design by committee and infuses a superficial sense of collaboration that leads to compromises and weakens ideas. Our view, the product of years of studies of and participation in innovation projects, is that effective teams do not defer critical reflection; they create through criticism.
1 July 2019
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