{"id":5163,"date":"2013-10-18T15:13:26","date_gmt":"2013-10-18T15:13:26","guid":{"rendered":"http:\/\/bob.ryskamp.org\/brain\/?p=5163"},"modified":"2023-04-24T23:06:07","modified_gmt":"2023-04-24T23:06:07","slug":"speculative-spending","status":"publish","type":"post","link":"https:\/\/bob.ryskamp.org\/brain\/speculative-spending\/","title":{"rendered":"Speculative spending"},"content":{"rendered":"<p>> It&#8217;s actually very difficult to spend meaningful amounts of money, relative to Google&#8217;s scale, on things that are speculative.<\/p>\n<p>&#8211; [Larry Page](http:\/\/www.forbes.com\/sites\/jeffbercovici\/2013\/10\/17\/larry-page-google-should-be-thinking-even-bigger-with-its-rd\/)<\/p>\n<p>One of my favorite Larry moments was when he used to regularly ask the whole company to work on artificial intelligence [and no one would do it](http:\/\/money.cnn.com\/2008\/04\/29\/magazines\/fortune\/larry_page_change_the_world.fortune\/index2.htm):<\/p>\n<p>> My own experience within Google is that it&#8217;s hard to get people to work on those kinds of things because of the personal risk they feel they&#8217;re taking&#8230;<\/p>\n<p>> I&#8217;ve told the whole company repeatedly I want people to work on artificial intelligence &#8211; so we end up with five people working on it. Guess what? That&#8217;s not a major expense. There&#8217;s a reason we talk about 70\/20\/10, where 70% of our resources are spent in our core business and 10% end up in unrelated projects, like energy or whatever. [The other 20% goes to projects adjacent to the core business.]<\/p>\n<p>> Actually, it&#8217;s a struggle to get it to even be 10%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>> It&#8217;s actually very difficult to spend meaningful amounts of money, relative to Google&#8217;s scale, on things that are speculative. &#8211; [Larry Page](http:\/\/www.forbes.com\/sites\/jeffbercovici\/2013\/10\/17\/larry-page-google-should-be-thinking-even-bigger-with-its-rd\/) One of my favorite Larry moments was when he used to regularly ask the whole company to work on artificial intelligence [and no one would do it](http:\/\/money.cnn.com\/2008\/04\/29\/magazines\/fortune\/larry_page_change_the_world.fortune\/index2.htm): > My own experience within&#8230;<a class=\"read-more\" href=\"https:\/\/bob.ryskamp.org\/brain\/speculative-spending\/\">more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[248,386,5],"tags":[358],"class_list":["post-5163","post","type-post","status-publish","format-standard","hentry","category-business","category-concept-design","category-technology","tag-tagged"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9wjHJ-1lh","_links":{"self":[{"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/posts\/5163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/comments?post=5163"}],"version-history":[{"count":10,"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/posts\/5163\/revisions"}],"predecessor-version":[{"id":5174,"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/posts\/5163\/revisions\/5174"}],"wp:attachment":[{"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/media?parent=5163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/categories?post=5163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bob.ryskamp.org\/brain\/wp-json\/wp\/v2\/tags?post=5163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}