Friedberg argues leaders must synthesize multiple data streams rather than listen only to single-issue safety commissioners.
“But thinking through the second and third order effects of what would happen to kids if you kept them out of school for six months, what would happen to the economy if you shut down businesses.”
Friedberg argues social media democracy elects representatives of mob opinion rather than actual leaders.
“Because of the fast feedback cycles that we talked about earlier, and that a point of view, kind of the mob coalesces around the point of view, you end up electing the person who represents the mob, which means that ultimately over time in a democracy, in the social media age, is you don't end up electing leadership.”
Friedberg argues social media age democracies elect mob representatives instead of contrarian leaders willing to be unpopular.
“leadership, as Sax points out, needs to and has to be willing and able to lead, which means being contrarian and being inspiring.”
Friedberg claims grit, bias to action, and narrative ability are universal predictors of entrepreneurial success.
“Yeah, so those are my three traits that I think are the greatest predictors of entrepreneurial success.”