Commencement Archive

Reed Hastings

Co-founder and co-CEO, Netflix

Video Transcript

Reed Hastings tells Stanford's Class of 2022 that human progress is driven by two forces: inventions and stories. He urges graduates to apply inventive energy to climate change and to craft new, more constructive stories around equality and global interdependence to replace ones his generation failed to fully develop. He closes by encouraging graduates to embrace their own pace in life, whether they are 'hares' who succeed early or 'tortoises' who progress slowly.

“Doubt is an essential counterbalance to story.”

On stories Machine transcript ->

Key moments

  • 01 Argues inventions and stories are the two main drivers of human progress
  • 02 Calls on graduates to invent solutions to climate change rather than only reducing consumption
  • 03 Describes how accepted 'stories' like money, rights, and government legitimacy shape society, and warns of destructive stories
  • 04 Reflects on his own slow 'tortoise' path and encourages graduates to embrace their unique journeys

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Reed Hastings at Stanford, 2022. A commencement address about inventions, stories, climate action, equality, and finding your own pace.
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Reed Hastings at Stanford, 2022

A commencement address about inventions, stories, climate action, equality, and finding your own pace.

Speech arc

  1. 01Progress engines

    Opening move

  2. 02Inventions

    Speech beat

  3. 03Stories

    Speech beat

  4. 04Climate

    Speech beat

  5. 05Equality

    Speech beat

  6. 06Interdependence

    Speech beat

  7. 07Destructive narratives

    Speech beat

  8. 08Tortoise path

    Final charge

01

Thesis: Two engines of progress

Hastings argues that human progress moves through material inventions and shared stories that organize collective life.

Inventions

Tools and systems change what people can do.

Stories

Shared beliefs change what people can imagine together.

Progress

Neither engine works well without the other.

Hastings argues that human progress moves through material inventions and shared stories that organize collective life.

02

Invention: Build for climate

The speech asks graduates to apply ambitious inventive energy to climate change rather than settling for smaller reductions alone.

Challenge

Climate becomes the hard problem for this generation.

Action

Inventive work can expand what solutions are possible.

Scale

The work must reach beyond individual restraint.

The speech asks graduates to apply ambitious inventive energy to climate change rather than settling for smaller reductions alone.

03

Story: Rewrite what binds us

Hastings turns to equality and global interdependence as stories that need to become more durable than division.

Rights

Societies depend on narratives people agree to honor.

Warning

Destructive stories can organize fear and exclusion.

Repair

Better stories widen the circle of responsibility.

Hastings turns to equality and global interdependence as stories that need to become more durable than division.

• Key takeaways •

Invent tools

Connects to innovation.

Tell better stories

Connects to storytelling.

Confront climate

Connects to climate.

Widen equality

Connects to equality.

Honor your pace

Connects to resilience.

Closing charge

His personal reflection on a slower path gives graduates permission to move at a pace that fits their own becoming.

Hares and tortoises

Tortoise

A slow start can still become meaningful progress.

Timing

Early success is not the only valid route.

Charge

Keep moving in the direction of useful work.

His personal reflection on a slower path gives graduates permission to move at a pace that fits their own becoming.

Hares and tortoises

innovationstorytellingclimateequalityresilience

A commencement address about inventions, stories, climate action, equality, and finding your own pace.

Transcript

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Provenance

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