Build up, tear down—new technology stirs up a cycle of progress and cynicism we've seen all throughout history.
- "Every time that there's a new technology, particularly around media, there's a set of outcries around how that media is corrupting culture or how it's destroying certain aspects of our life," says entrepreneur and author Elad Gil.
- In some cases there are real concerns, but taking a historical view can quell unnecessary panic. Progress and cynicism work in a cyclical fashion. New tech is unveiled, the media builds it up, then the media tears it down in a wave of backlash.
- Today we worry about kids and smartphones; 80 years ago we worried about kids and the radio; same cynicism, different day.
- Technology lifts the lid on human potential and quality of life, says Gil. We should be duly cautious, but optimism is more valuable (and arguably more rational) than pessimism.
Elad Gil is an entrepreneur, operating executive, and investor or advisor to private companies such as Airbnb, Coinbase, Checkr, Gusto, Instacart, OpenDoor, Pinterest, Square, Stripe, Wish, and others. He is cofounder and chairman at Color Genomics.