Quotes About Technology

In 2016 the DOE counted half a million cyber-intrusions into various parts of the U.S. electrical grid.

that'll go to zero. Everything will be observed. Everything will be predicted.

All around him men hunched over their BlackBerrys. They wanted

No doubt the Home of the Future was only one of several possible uses Clark would find for their work. That was Clark's job—to imagine a future for their software.

In computing, a monopoly took the form of a toll booth. Bill Gates had his toll booth, the PC operating system. Jim Clark wanted his own toll booth.

Although Steve's skill with computers had been his ticket out of Leeds to Silicon Valley, he regarded the machine as, at best, an unsteady ally: it was always laying traps for the programmer.

He thought of the computer as a less than straightforward tool for controlling and manipulating the world around it, like a shovel with a loose blade.

Healtheon was worth whatever investors felt like paying for it, and that depended largely on public opinion. Healtheon was running for president. The IPO was election day.

All the way back to the founding of the country. Early-stage innovation in most industries would not have been possible without government support in a variety of ways, and it's especially true in energy. So the notion that we are just going to privatize early-stage innovation is ridiculous. Other countries are outspending us in R&D, and we are going to pay a price.

How a switch made by Cisco compared to a switch made by Juniper.

The new companies often put the old ones out of business; the young were forever eating the old. The whole of the Valley was a speeded-up Oedipal drama. In this drama technology played a very clear role. It was the murder weapon.

Eighteen months after Netscape was created, and before it had made a dime, Netscape sold shares in itself to the public. On the first day of trading the price of those shares rose from $12 apiece to $48. Three months later it was at $140. It was one of the most successful share offerings in the history of the U.S. stock markets, and possibly the most famous.

The programmers decided the steps everyone on board Hyperion would need to take to do everything from dimming the lights to raising the sails.

improvement in all weather predictions. The five-day-out forecast in 2016 was as accurate as the one-day-out forecast had been in 2005. In just the last few years, for the first time in history, a meteorologist's forecast of how hot it will be nine days from now is better than just guessing.

I think it's going to set the world on fire," said Gates. "It didn't do anything. There are fifteen comments at the bottom of the piece on the Web, and all of them are Russian mail order brides.

The great thing about this project," said Tim, "is that it's software that talks to physical things rather than software that just talks to other software. You can see the effect of what you are doing.

The U.S. stock market now trades inside black boxes, in heavily guarded buildings in New Jersey and Chicago. What goes on inside those black boxes is hard to say—the ticker tape that runs across the bottom of cable TV screens captures only the tiniest fraction of what occurs in the stock markets. The public reports of what happens inside the black boxes are fuzzy and unreliable—even an expert cannot say what exactly happens inside them, or when it happens, or why.

All of a sudden the market is all about algos and routers. It's hard to figure this stuff out.

Silicon Valley is to the United States what the United States is to the rest of the world.

to Clark's way of thinking, the big distinction wasn't between "work" and "play" but between "creating new technology for money" and "creating new technology for pleasure.

The simple reason Goldman wasn't making much of the big money now being made in the stock market was that the stock market had become a war of robots, and Goldman's robots were slow.

Back in 1921 Veblen had predicted that engineers would one day rule the U.S. economy. He argued that since the economy was premised on technology and the engineers were the only ones who actually understood how the technology worked, they would inevitably use their superior knowledge to seize power from the financiers and captains of industry who wound up on top at the end of the first round of the Industrial Revolution.

The professors argued that Netscape courted disaster from the start, by taunting Microsoft. "Mooning the Giant

Engineers created the wealth. And during the 1990s Silicon Valley had created a fantastic amount of new wealth.