Business, Innovation, and Managing Life (November 1, 2023)

Stephen Wolfram answers questions from his viewers about business, innovation, and managing life as part of an unscripted livestream series, also available on YouTube here: https://wolfr.am/youtube-sw-business-qa Questions include: Will startups survive using AI and ML Technology? If so, how to compete with big industries? - How often do you find yourself stuck on what to do next? How do you decide on what project to move forward with? - How do you prepare for conference talks? Do you ever get nervous/stage fright? - Someone asked EW Deming how he felt about his speech and he responded with "I know what I said, but I am not sure what they heard." - I bring my cats to talks so they can look cute if I bomb. - Any thoughts to what a leader or manager can do to support team members to learn and manage stress? - I understand this is a very context dependent question, but lately a lot of large organisations earning profits in the billions have been scaling down their workforce. As a CEO, what would you say are common drivers/motivators behind these trends of scaling down? - What would you say is your favorite aspect of being CEO? What is your least favorite? - I would like your advice. I will retire in about 3-4 years, do you think it is too late to start learning ML, Data science, the entire artificial intelligence environment, with all the mathematics that entails? I was thinking of dedicating part of my day to streaming as a hobby. Something to keep my mind active. - I am in the software QA and testing industry. One of my challenges are convincing decisions makers about investing in early testing approaches to reduce project and product risks later. As a CEO, how would you be convinced to add priority to testing in an organisation? - Any advice on being prolific/focusing as a college student? Specifically the tradeoff between open-ended exploring and focusing. - ​I think a huge amount of the value of college is having informal discussions with small groups of people you care like. Obviously not compatible if you're focused on GPA. - Hermits acquire cats, not children!