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Transcript

Ideas Don't Die, Companies Do. | The Fast Future Blur Summit 2025 at UCLA

Hari Abburi spoke at The Fast Future Blur Summit 2025 on October 10th at UCLA introducing his book: Ideas Don’t Die, Companies Do. Read more on the summit.


A summary of this talk.

Main Argument:

In an AI-native world, companies must shift from being merely customer-obsessed to being idea-obsessed. Leaders must foster organizations that move at the speed of ideas, not just the speed of customers.

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Key Points:

  1. Digital vs. AI Shift:

    • Digital transformation brought efficiency and customer-centricity but limited innovation.

    • Many companies fell into single-industry echo chambers (e.g., Toys R Us, GE, Bed Bath & Beyond).

    • Customer-centricity often led to faster, better, cheaper—but not more innovative—solutions.

  2. Innovation Comes from Outside:

    • Groundbreaking ideas (e.g., bullet trains inspired by kingfishers, memory foam, Post-it notes) often originate outside the industry.

    • Real innovation happens when companies break boundaries and apply cross-disciplinary thinking.

  3. Reverse Disruption:

    • Disruption now happens in reverse—from consumer expectations driven by innovations like ChatGPT.

    • Alexa became obsolete quickly once customers experienced smarter tools.

  4. Transfer of Expectations:

    • Customers don’t think in industry silos; their expectations are shaped across industries.

    • Companies spend millions on research without truly understanding how customers think.

  5. Vertical vs. Horizontal Thinking:

    • Vertical: What a company does well today (products, services).

    • Horizontal: External influences and disruptive trends.

    • Successful companies move quickly between these two dimensions (agility factor).

  6. Agility Example – Perplexity:

    • Rapidly evolved its Gen AI browser by oscillating between internal innovation and market needs, despite missteps.

  7. Danger of Playing Safe:

    • Companies trying to balance both without bold action land in the “hall of irrelevance.”

    • Innovation requires building unnatural capabilities—skills or strengths outside current expertise.

  8. Unnatural Capability Examples:

    • JAB: From coffee to pet insurance.

    • Nike: Created a virtual world (Nikeland) on Roblox.

    • Microsoft: Partnered with OpenAI to embrace Gen AI.

  9. Culture vs. Purpose:

    • Culture reflects the past; purpose drives the future.

    • Disruptive companies focus on purpose over culture.

  10. Failure Quadrants (The 4 Boxes):
    If companies don’t adapt:

    • Poor design = lost margins

    • Bureaucracy = lost speed

    • Outdated tech = lost future

    • Risk-averse culture = lost growth


Conclusion:

To survive and thrive, companies must:

  • Think on the edges

  • Build unnatural capabilities

  • Shift from a customer-speed mindset to an idea-speed mindset

  • Cultivate imaginative leadership, as unimaginative leaders are the greatest threat to enterprise survival.


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This summary of the talk is from ChatGPT

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