Almost every profession I look at where you require human labor or you require intelligence, I see computers being able to do better than us within the next 10 years. I'm talking about a mass replacement of humans with artificial intelligence and robots.

A key to achieving success is to assemble a strong and stable management team.

We live in the most amazing period in human history. We can have unlimited energy, unlimited food, provide education for everyone, clean water, all the things that have held mankind back.

Most successful entrepreneurs share their knowledge as a way of giving back. They do not demand compensation. Those who do are usually trying to take advantage of you.

Business executives need to start by spelling out and communicating their values. Then they need to lead by example. This means getting rid of the bad apples and declining opportunities that bring instant wealth at the cost of selling one's soul.

What the tech industry often forgets is that with age comes wisdom. Older workers are usually better at following direction, mentoring, and leading.

Doing the right thing doesn't always bring success. But compromising ethics almost always leads to failure.