Netflix changed the world of entertainment -- first with DVD-by-mail then with streaming media and then again with sensational original shows like "Orange Is the New Black" and "Stranger Things" -- but not without taking its fair share of risks. In conversation with TED curator Chris Anderson Netflix co-founder and CEO Reed Hastings discusses the company s bold internal culture the powerful algorithm that fuels their recommendations the $8 billion worth of content they re investing in this year and his philanthropic pursuits supporting innovative education among much more.