The machines need to get faster. They need to get cheaper.
There is this broad, broad recognition of how technology is enabling new things. Companies that never paid attention to computers in any form now see digital technology as creating threats and opportunities for them.
We [Corbis] make it so easy to call up images, whether art or people or beaches or sunsets or Nobel Prize winners.
Google's done a super good job on search; Apple's done a great job on the IPod.
People often overestimate what will happen in the next two years and underestimate what will happen in ten.
Bitcoin is a technological tour de force
The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.
Sometimes we do get taken by surprise. For example, when the Internet came along, we had it as a fifth or sixth priority. It wasn't like somebody told me about it and I said, "I don't know how to spell that." I said, "Yeah, I've got that on my list, so I'm okay." But there came a point when we realized it was happening faster and was a much deeper phenomenon than had been recognized in our strategy.
There are people who don't like capitalism, and people who don't like PCs. But there's no-one who likes the PC who doesn't like Microsoft.
Well the protester I think is a very powerful thing. It's basically a mechanism of democracy that, along with capitalism, scientific innovation, those things have built the modern world. And it's wonderful that the new tools have empowered that protestor so that state secrets, bad developments are not hidden anymore.
