 |
Throughout business history, early technology pioneers rarely prevail in the end.
|
158 |
 |
…thoughtless reliance on technology is a liability, not an asset.
|
159 |
 |
Technology is miraculous because it allows us to do more with less, ratcheting up our fundamental capabilities to a higher level.
|
2 |
 |
Properly understood, any new and better way of doing things is technology.
|
8 |
 |
In a world of scarce resources, globalization without new technology is unsustainable.
|
9 |
 |
Technology companies… often lose money for the first few years: it takes time to build valuable things, and that means delayed revenue.
|
45 |
 |
Every monopoly is unique, but they usually share some combination of the following characteristics: proprietary technology, network effects, economies of scale, and branding.
|
48 |
 |
…proprietary technology must be at least 10 times better than its closest substitute in some important dimension to lead to a real monopolistic advantage.
|
48 |
 |
Properly understood, technology is the one way for us to escape competition in a globalizing world.
|
144 |
 |
As computers become more and more powerful, they won’t be substitutes for humans: they’ll be complements.
|
144 |
