0:00 My thesis is that every company needs to start thinking and operating like a labs team. >> Every company definitely needs a set of people, a team. Their job is to be at the frontier. They're the people who have like eight $200 a month subscriptions on everything. >> Everyone has to get really good at trying a bunch of stuff with the latest models, figuring out what is now possible before your competition does, before a startup comes and eats your lunch. >> You've got to try to create a space where weird things can grow. If you look at the history of a large company who starts a lab, the lab is usually
0:31 ineffective and fizzles out after about 3 to four years. You can't just nestle this under an existing business unit. It [music] has to have its own kind of independence. >> You've seen more ideas thrown at the wall and tried and prototyped than maybe anyone else. What are some patterns of where the best ideas come from? >> They very rarely come from design sprints. They don't come in conventional places. You can't microwave good ideas. What skills are you finding are trending up in value? >> I'm actually looking a lot right now for
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