Throwing Rocks at the Google Bus | Douglas Rushkoff | Talks at Google | Summary and Q&A

TL;DR

The current economic operating system, focused on growth and extraction, needs to be reevaluated and optimized for the circulation of money and value in a digital age.

Key Insights

• 🤑 The current economic operating system needs to be reevaluated and optimized for the circulation of money in a digital age.
• 👨‍💼 Traditional business strategies focused on growth and extraction are not sustainable in the long run.
• ⚾ Companies should prioritize revenue-based models, local economic activity, and the well-being of employees and communities.

Transcript

[MUSIC PLAYING] SPEAKER: Hey, everyone. Thanks for joining us today. My name is [INAUDIBLE], and I'm managing the Social Good team here in New York. And today, I'm excited to introduce Douglas Rushkoff, who's going to talk about his new book, "Throwing Rocks at the Google Bus." Douglas is a writer, documentarian, lecturer whose focus is human auton... Read More

Questions & Answers

Q: What is the main problem with the current economic operating system?

The current system prioritizes growth and extraction, leading to negative consequences for employees, communities, and the overall economy.

Q: How can companies optimize for the circulation of money?

Companies can implement revenue-based models, create local and alternative currencies, and encourage local economic activity to keep money flowing within a community.

Q: Can individuals and corporations benefit from optimizing for the circulation of money?

Yes, individuals and corporations can benefit by ensuring a sustainable marketplace and maintaining a healthier economy, which will lead to long-term wealth and prosperity.

Q: How can government support the transition to a new economic operating system?

Government can change regulations to favor revenue-based models, adjust the tax code to encourage circulation of money, and support local economic initiatives.

Summary & Key Takeaways

• Traditional economic models optimized for growth and extraction are no longer sustainable in a digital age.

• Corporations prioritize capital over the well-being of employees and communities, leading to negative consequences for society.

• Companies should focus on the velocity of transactions and the circulation of money to create a healthier, more sustainable economy.