<p>This week we speak with Bill Raduchel, who has served as a high-level executive and strategic adviser for organizations such as Sun Microsystems, AOL Time Warner, Xerox, McGraw-Hill, and the Salvation Army. Over half a century working with systems, software, and networks, he has remained at the forefront of the technology revolution in media, education, and corporate governance including recognition at Sun as CIO of the Year and the top CFO in the computer industry and at AOL as CTO of the year. He holds more than fifty issued patents as well as a PhD in econometrics from Harvard, where he taught for five years with John Kenneth Galbraith. He has been writing software in some form since he turned fifteen years old in 1961. He is also the author of The New Technology State. This book is about society—how it has changed and what technology is enabling us to do to ourselves.</p><p>For more on Bubble Trouble, including transcripts of the show, visit us online at <a href="http://bubbletroublepodcast.com/" rel="noopener noreferrer" target="_blank">http://bubbletroublepodcast.com</a></p><p>You can learn more about Richard at <a href="https://www.linkedin.com/in/richard-kramer-16306b2/" rel="noopener noreferrer" target="_blank">https://www.linkedin.com/in/richard-kramer-16306b2/</a></p><p>More on Will Page at: <a href="https://pivotaleconomics.com/" rel="noopener noreferrer" target="_blank">https://pivotaleconomics.com</a></p><p>(Times below correspond to the episode without considering any inserted advertisements.)</p><br><p>In this episode of Bubble Trouble, hosts Richard Kramer and Will Page engage in a deep dive conversation with guest Bill Raduchel, exploring his extensive 60-year career transitioning from chemical engineering to economics, and eventually into the tech and media industries. Raduchel discusses his views on conventional wisdom, the evolution of technology, and its implications on economics, suggesting that technology has outpaced neoclassical economic theories due to its scaling properties and the significance of information. He shares insights from his book and experiences, addressing issues like tech debt, government staffing challenges in the face of rapid technological advancements, and the potential impact of AI on the future of software development. The episode covers the dynamic between big tech companies, government regulation, and the inevitable challenges posed by significant shifts towards AI and increased power demands. Raduchel also presents intriguing ideas on innovating government structures and discusses the practicalities of managing a rapidly evolving tech landscape.</p><br><p>00:00 Welcome to Bubble Trouble: A Skeptical Conversation</p><p>00:46 A Journey Through Tech and Economics</p><p>06:23 The Evolution of Technology and Its Impact on Economics</p><p>08:02 The Writing Process and Insights into Bill's Book</p><p>11:21 Exploring the New Technology State and Government Challenges</p><p>17:43 The Intricacies of Tech Talent and Government Staffing</p><p>19:53 Tech Debt and the Challenges of Modernization</p><p>25:55 The Global Tech Landscape: Government and Private Sector Dynamics</p><p>25:55 Wrapping Up Part One and Teasing Part Two</p><p>25:55 Simplifying UK Government Websites: A Double-Edged Sword</p><p>25:55 The Dangers of Centralization and Cybersecurity</p><p>26:10 Big Tech, Government, and the Quest for Regulation</p><p>27:59 The Talent Gap in Government and Tech Regulation Challenges</p><p>29:15 Innovative Solutions andthe Power of Decentralization</p><p>30:15 The Role of Startups in Tech Innovation and Employee Motivation</p><p>31:59 Google's Management Revolution: Lessons in Innovation</p><p>34:45 The Complexities of Regulating Big Tech</p><p>40:05 Navigating the Future of AI and Government Regulation</p><p>42:19 Economics, Education, and the Future Workforce</p><p>44:56 Smoke Signals: Warning Signs in Tech and Regulation</p><p>50:06 Credits</p><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work

Magnificent Noise x Richard Kramer x Will Page

You Can't Lead If You Don't Know Where You're Going: Big Tech vs Big Gov Tech with Bill Raduchel

APR 1, 202450 MIN
Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work

You Can't Lead If You Don't Know Where You're Going: Big Tech vs Big Gov Tech with Bill Raduchel

APR 1, 202450 MIN

Description

<p>This week we speak with Bill Raduchel, who has served as a high-level executive and strategic adviser for organizations such as Sun Microsystems, AOL Time Warner, Xerox, McGraw-Hill, and the Salvation Army. Over half a century working with systems, software, and networks, he has remained at the forefront of the technology revolution in media, education, and corporate governance including recognition at Sun as CIO of the Year and the top CFO in the computer industry and at AOL as CTO of the year. He holds more than fifty issued patents as well as a PhD in econometrics from Harvard, where he taught for five years with John Kenneth Galbraith. He has been writing software in some form since he turned fifteen years old in 1961. He is also the author of The New Technology State. This book is about society—how it has changed and what technology is enabling us to do to ourselves.</p><p>For more on Bubble Trouble, including transcripts of the show, visit us online at <a href="http://bubbletroublepodcast.com/" rel="noopener noreferrer" target="_blank">http://bubbletroublepodcast.com</a></p><p>You can learn more about Richard at <a href="https://www.linkedin.com/in/richard-kramer-16306b2/" rel="noopener noreferrer" target="_blank">https://www.linkedin.com/in/richard-kramer-16306b2/</a></p><p>More on Will Page at: <a href="https://pivotaleconomics.com/" rel="noopener noreferrer" target="_blank">https://pivotaleconomics.com</a></p><p>(Times below correspond to the episode without considering any inserted advertisements.)</p><br><p>In this episode of Bubble Trouble, hosts Richard Kramer and Will Page engage in a deep dive conversation with guest Bill Raduchel, exploring his extensive 60-year career transitioning from chemical engineering to economics, and eventually into the tech and media industries. Raduchel discusses his views on conventional wisdom, the evolution of technology, and its implications on economics, suggesting that technology has outpaced neoclassical economic theories due to its scaling properties and the significance of information. He shares insights from his book and experiences, addressing issues like tech debt, government staffing challenges in the face of rapid technological advancements, and the potential impact of AI on the future of software development. The episode covers the dynamic between big tech companies, government regulation, and the inevitable challenges posed by significant shifts towards AI and increased power demands. Raduchel also presents intriguing ideas on innovating government structures and discusses the practicalities of managing a rapidly evolving tech landscape.</p><br><p>00:00 Welcome to Bubble Trouble: A Skeptical Conversation</p><p>00:46 A Journey Through Tech and Economics</p><p>06:23 The Evolution of Technology and Its Impact on Economics</p><p>08:02 The Writing Process and Insights into Bill's Book</p><p>11:21 Exploring the New Technology State and Government Challenges</p><p>17:43 The Intricacies of Tech Talent and Government Staffing</p><p>19:53 Tech Debt and the Challenges of Modernization</p><p>25:55 The Global Tech Landscape: Government and Private Sector Dynamics</p><p>25:55 Wrapping Up Part One and Teasing Part Two</p><p>25:55 Simplifying UK Government Websites: A Double-Edged Sword</p><p>25:55 The Dangers of Centralization and Cybersecurity</p><p>26:10 Big Tech, Government, and the Quest for Regulation</p><p>27:59 The Talent Gap in Government and Tech Regulation Challenges</p><p>29:15 Innovative Solutions andthe Power of Decentralization</p><p>30:15 The Role of Startups in Tech Innovation and Employee Motivation</p><p>31:59 Google's Management Revolution: Lessons in Innovation</p><p>34:45 The Complexities of Regulating Big Tech</p><p>40:05 Navigating the Future of AI and Government Regulation</p><p>42:19 Economics, Education, and the Future Workforce</p><p>44:56 Smoke Signals: Warning Signs in Tech and Regulation</p><p>50:06 Credits</p><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>