Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Albert Wenger

๐Ÿ‘ค Speaker
477 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And how should we think about what we can do as humanity?

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And then I kind of remember walking down Market Street in San Francisco, and it kind of clicked.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

I mean, I've been sort of talking about it, but I had this real moment where it clicked.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And the thing that clicked was that one way to think about the large-scale history of humanity is there's a history of binding constraints, and that what technology does is it shifts what the binding constraint is.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

So this can be very easily summarized for, you know, a long time we were foragers and the constraint was food.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

You try to find enough food or it starved or had to migrate.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And then 10,000 years ago, roughly, we invented agriculture and the constraint shifted from food directly to land, to arable land.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

You either had enough arable land so you could grow a lot of food or you didn't.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

that was the whole new constraint and with that switch we made a huge amount of changes in how humanity lives and then a couple hundred years ago we had the enlightenment and we started to do real science and we invented steam and electricity and mining and chemistry and all that stuff and the constraint shifted again it shifted from arable land to capital how much physical capital can you put together like how many

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

buildings and factories and machines and cars and roads and so forth can you can you construct

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And again, we wound up making tons of changes to how humanity lives.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And the insight that I had when I was walking down Market Street was like, digital technology is exactly like those two prior changes.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

It shifts the binding constraint.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And the binding constraint is no longer physical capital, but it is attention.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

What are humans paying attention to?

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And once I had that key inside, then everything else kind of fell in place around it.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

And that's really what the book is built around.

SaaS Interviews with CEOs, Startups, Founders
Albert Wenger on Work After Capital

Kolata's book is absolutely a must-read book.