In this episode of the HBR IdeaCast, Adi Ignatius interviews Barry Diller, chairman of IAC and Expedia, about his unconventional business philosophy. Diller emphasizes the importance of instinct over traditional business processes and data analysis, advocating for naivete and debate in decision-making. He shares insights on risk assessment, deal-making, hiring, and managing big egos, drawing from his experiences in the entertainment and media industries. Diller also discusses the impact of AI on the entertainment industry and advises business leaders to focus on strengthening their brand characteristics in the face of uncertainty.