Morgan Housel AI and Innovation Often Dismissed, But Ordinary People Drive Real Progress скачать в хорошем качестве

Morgan Housel AI and Innovation Often Dismissed, But Ordinary People Drive Real Progress

At Moneycontrol Global Wealth Summit 2025, author Morgan Housel discussed historical misconceptions about innovation, citing how many in the 1990s dismissed the Internet as a fad, similar to the Wright Brothers' doubts about aviation's commercial potential. He noted that transformative industries often fail to generate profits for investors, as 90% of companies in new sectors disappear within 10-20 years. Housel also argued that access to information is no longer a major advantage; instead, disciplined behaviour determines success. He emphasised the power of ordinary individuals striving for incremental progress, calling them his true heroes. #GWS #GWS2025 Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook:   / moneycontrol   Twitter:   / moneycontrolcom   Instagram:   / moneycontrolcom