Computation Money Quotes

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Along with the standard computer warranty agreement which said that if the machine 1) didn't work, 2) didn't do what the expensive advertisements said, 3) electrocuted the immediate neighborhood, 4) and in fact failed entirely to be inside the expensive box when you opened it, this was expressly, absolutely, implicitly and in no event the fault or responsibility of the manufacturer, that the purchaser should consider himself lucky to be allowed to give his money to the manufacturer, and that any attempt to treat what had just been paid for as the purchaser's own property would result in the attentions of serious men with menacing briefcases and very thin watches. Crowley had been extremely impressed with the warranties offered by the computer industry, and had in fact sent a bundle Below to the department that drew up the Immortal Soul agreements, with a yellow memo form attached just saying: 'Learn, guys...
Neil Gaiman (Good Omens: The Nice and Accurate Prophecies of Agnes Nutter, Witch)
An eternal question about children is, how should we educate them? Politicians and educators consider more school days in a year, more science and math, the use of computers and other technology in the classroom, more exams and tests, more certification for teachers, and less money for art. All of these responses come from the place where we want to make the child into the best adult possible, not in the ancient Greek sense of virtuous and wise, but in the sense of one who is an efficient part of the machinery of society. But on all these counts, soul is neglected.
Thomas Moore
Generally in life, knowledge is acquired to be used. But school learning more often fits Freire's apt metaphor: knowledge is treated like money, to be put away in a bank for the future.
Seymour Papert (The Children's Machine: Rethinking School In The Age Of The Computer)
So you want to be a writer if it doesn’t come bursting out of you in spite of everything, don’t do it. unless it comes unasked out of your heart and your mind and your mouth and your gut, don’t do it. if you have to sit for hours staring at your computer screen or hunched over your typewriter searching for words, don’t do it. if you’re doing it for money or fame, don’t do it. if you’re doing it because you want women in your bed, don’t do it. if you have to sit there and rewrite it again and again, don’t do it. if it’s hard work just thinking about doing it, don’t do it. if you’re trying to write like somebody else, forget about it. if you have to wait for it to roar out of you, then wait patiently. if it never does roar out of you, do something else. if you first have to read it to your wife or your girlfriend or your boyfriend or your parents or to anybody at all, you’re not ready. don’t be like so many writers, don’t be like so many thousands of people who call themselves writers, don’t be dull and boring and pretentious, don’t be consumed with self- love. the libraries of the world have yawned themselves to sleep over your kind. don’t add to that. don’t do it. unless it comes out of your soul like a rocket, unless being still would drive you to madness or suicide or murder, don’t do it. unless the sun inside you is burning your gut, don’t do it. when it is truly time, and if you have been chosen, it will do it by itself and it will keep on doing it until you die or it dies in you. there is no other way. and there never was.
Charles Bukowski
He was confounded by the idea that passing the prime of your life in a cubicle, spending hours a day at a computer, in exchange for money, was considered acceptable, but relaxing in a tent in the woods was disturbed. Observing the trees was indolent; cutting them down was enterprising. What did Knight do for a living? He lived for a living. Knight
Michael Finkel (The Stranger in the Woods: The Extraordinary Story of the Last True Hermit)
So when you do board, the first class people, they're sitting there. A lot of them are working as your boarding. They have computers out and calculators. They're looking up at you like, "Hey, we're making money right now! Right now we're making money.
Brian Regan
We have bigger houses but smaller families; more conveniences, but less time; We have more degrees, but less sense; more knowledge, but less judgment; more experts, but more problems; more medicines, but less healthiness; We’ve been all the way to the moon and back, but have trouble crossing the street to meet the new neighbor. We’ve built more computers to hold more information to produce more copies than ever, but have less communications; We have become long on quantity, but short on quality. These times are times of fast foods; but slow digestion; Tall man but short character; Steep profits but shallow relationships. It is time when there is much in the window, but nothing in the room. --authorship unknown from Sacred Economics
Charles Eisenstein (Sacred Economics: Money, Gift, and Society in the Age of Transition)
If you want to make money at some point, remember this, because this is one of the reasons startups win. Big companies want to decrease the standard deviation of design outcomes because they want to avoid disasters. But when you damp oscillations, you lose the high points as well as the low. This is not a problem for big companies, because they don't win by making great products. Big companies win by sucking less than other big companies.
Paul Graham (Hackers & Painters: Big Ideas from the Computer Age)
Americans now spend more money on fast food than on higher education, personal computers, computer software, or new cars. They spend more on fast food than on movies, books, magazines, newspapers, videos, and recorded music—combined.
Eric Schlosser (Fast Food Nation: The Dark Side of the All-American Meal)
The same recipe that makes individuals rich makes countries powerful. Let the nerds keep their lunch money, and you rule the world.
Paul Graham (Hackers & Painters: Big Ideas from the Computer Age)
Did you ever think that if you told me where Bill's hiding his computer program, I would give you anything you asked for?" - Eric, club dead.
Charlaine Harris (Club Dead (Sookie Stackhouse, #3))
In 1970, Americans spent about $6 billion on fast food; in 2000, they spent more than $110 billion. Americans now spend more money on fast food than on higher education, personal computers, computer software, or new cars. They spend more on fast food than on movies, books, magazines, newspapers, videos, and recorded music—combined.
Eric Schlosser (Fast Food Nation: The Dark Side of the All-American Meal)
Along with the standard computer warranty agreement which said that if the machine 1) didn't work, 2) didn't do what the expensive advertisement said, 3) electrocuted the immediate neighbourhood, 4) and in fact failed entirely to be inside the expensive box when you opened it, this was expressly, absolutely, implicitly and in no event the fault or responsibility of the manufacturer, that the purchaser should consider himself lucky to be allowed to give his money to the manufacturer, and that any attempt to treat what had just been paid for as the purchaser's own property would result in the attentions of serious men with menacing briefcases and very thin watches.
Terry Pratchett
it. The art of holding on to money is all about saying no to consumer culture. Saying no to takeout, $4 lattes, and that shiny new computer when the old one still works fine.
Austin Kleon (Steal Like an Artist: 10 Things Nobody Told You About Being Creative)
By using money as the scapegoat and work as our all-consuming routine, we are able to conveniently disallow ourselves to do otherwise: 'John, I'd love to talk about the gaping void I feel in my life, the hopelessness that hits me like a punch in the eye every time I start my computer in the morning, but I have so much work to do! I've got at least three hours of unimportant email to reply to before calling prospects who said 'no' yesterday. Gotta run!
Timothy Ferriss (The 4-Hour Workweek)
At some point, Wax mentioned how appalling it seemed that those brilliant minds who could invent miracle medicines and nuclear fission and dazzling computer special effects, they had such a complete lack of imagination when it came to spending their money: granite countertops and luxury cars. Talking about that stuff, Wax driving, the madder he got, you could watch the speedo creep up past eighty, ninety, a hundred.
Chuck Palahniuk (Rant: An Oral Biography of Buster Casey)
During the act of making something, I experience a kind of blissful absence of the self and a loss of time. When I am done, I return to both feeling as restored as if I had been on a trip. I almost never get this feeling any other way. I once spent sixteen hours making 150 wedding invitations by hand and was not for one instance of that time tempted to eat or look at my watch. By contrast, if seated at the computer, I check my email conservatively 30,000 times a day. When I am writing, I must have a snack, call a friend, or abuse myself every ten minutes. I used to think that this was nothing more than the difference between those things we do for love and those we do for money. But that can't be the whole story. I didn't always write for a living, and even back when it was my most fondly held dream to one day be able to do so, writing was always difficult. Writing is like pulling teeth. From my dick.
David Rakoff (Don't Get Too Comfortable: The Indignities of Coach Class, The Torments of Low Thread Count, The Never-Ending Quest for Artisanal Olive Oil, and Other First World Problems)
It’s possible that Knight believed he was one of the few sane people left. He was confounded by the idea that passing the prime of your life in a cubicle, spending hours a day at a computer, in exchange for money, was considered acceptable, but relaxing in a tent in the woods was disturbed. Observing the trees was indolent; cutting them down was enterprising. What did Knight do for a living? He lived for a living.
Michael Finkel (The Stranger in the Woods: The Extraordinary Story of the Last True Hermit)
Eyes often have an implicit censorious power.22 Post a large picture of a pair of eyes at a bus stop (versus a picture of flowers), and people become more likely to clean up litter. Post a picture of eyes in a workplace coffee room, and the money paid on the honor system triples. Show a pair of eyes on a computer screen and people become more generous in online economic games.
Robert M. Sapolsky (Behave: The Biology of Humans at Our Best and Worst)
You need face time, not computer time. When you’re in a tough job market, it’s the personal touch that gets you the job.
Suze Orman (The Money Book for the Young, Fabulous & Broke)
The art of holding on to money is all about saying no to consumer culture. Saying no to takeout, $4 lattes, and that shiny new computer when the old one still works fine.
Austin Kleon (Steal Like an Artist: 10 Things Nobody Told You About Being Creative)
They’re called sock puppets. We create armies of artificial online personas – user accounts that espouse views certain interested parties want espoused. We flood forums, online comment sections, social media. ... It’s amazing what a few people and a little money can accomplish online. Our puppets have turned whole elections. … Everything the public sees is managed. If there’s a valuable brand to protect – whether it’s a person or a dish soap – these fuckers are out there protecting it, shaping the narrative. I mean… who the hell follows dish soap on Twitter? How does anyone believe that shit’s real? (p. 292-294)
Daniel Suarez (Kill Decision)
Look at our culture. Look at the computer-enhanced people we compare ourselves to. Look at the expensive cars and trinkets we're all supposed to have. Look at how many people are wrapped up in that! Imagine how much money and worry we'd save ourselves if we stopped caring what kind of car we drove! and why do we care? perfection. But there is no such thing, is there? And if there is, then everyone is perfect in their own way, right?
A.S. King (Ask the Passengers)
I am in this same river. I can't much help it. I admit it: I'm racist. The other night I saw a group (or maybe a pack?) or white teenagers standing in a vacant lot, clustered around a 4x4, and I crossed the street to avoid them; had they been black, I probably would have taken another street entirely. And I'm misogynistic. I admit that, too. I'm a shitty cook, and a worse house cleaner, probably in great measure because I've internalized the notion that these are woman's work. Of course, I never admit that's why I don't do them: I always say I just don't much enjoy those activities (which is true enough; and it's true enough also that many women don't enjoy them either), and in any case, I've got better things to do, like write books and teach classes where I feel morally superior to pimps. And naturally I value money over life. Why else would I own a computer with a hard drive put together in Thailand by women dying of job-induced cancer? Why else would I own shirts mad in a sweatshop in Bangladesh, and shoes put together in Mexico? The truth is that, although many of my best friends are people of color (as the cliche goes), and other of my best friends are women, I am part of this river: I benefit from the exploitation of others, and I do not much want to sacrifice this privilege. I am, after all, civilized, and have gained a taste for "comforts and elegancies" which can be gained only through the coercion of slavery. The truth is that like most others who benefit from this deep and broad river, I would probably rather die (and maybe even kill, or better, have someone kill for me) than trade places with the men, women, and children who made my computer, my shirt, my shoes.
Derrick Jensen (The Culture of Make Believe)
SO YOU WANT TO BE A WRITER if it doesn't come bursting out of you in spite of everything, don't do it. unless it comes unasked out of your heart and your mind and your mouth and your gut, don't do it. if you have to sit for hours staring at your computer screen or hunched over your typewriter searching for words, don't do it. if you're doing it for money or fame, don't do it. if you're doing it because you want women in your bed, don't do it. if you have to sit there and rewrite it again and again, don't do it. if it's hard work just thinking about doing it, don't do it. if you're trying to write like somebody else, forget about it. if you have to wait for it to roar out of you, then wait patiently. if it never does roar out of you, do something else. if you first have to read it to your wife or your girlfriend or your boyfriend or your parents or to anybody at all, you're not ready. don't be like so many writers, don't be like so many thousands of people who call themselves writers, don't be dull and boring and pretentious, don't be consumed with self- love. the libraries of the world have yawned themselves to sleep over your kind. don't add to that. don't do it. unless it comes out of your soul like a rocket, unless being still would drive you to madness or suicide or murder, don't do it. unless the sun inside you is burning your gut, don't do it. when it is truly time, and if you have been chosen, it will do it by itself and it will keep on doing it until you die or it dies in you. there is no other way. and there never was.
Charles Bukowski
Well, bingo, his name popped up in the database on this crime ring’s computer as one of their own. Sloane, Wilma, KazuKen, Celi-hag, BunnyMuff, were all part of the illegal and criminal cyber-bullying ring that used blackmail to extort celebrities and famous authors, musicians, schools like Aunt Sookie Acting Academy for money or they will post lies, false rumors, photo shopped fake photos, and accusations of fake awards, fake credentials on the internet. They did that to Summer and tried to do that with Aunt Sookie, apparently. But as seemingly innocent as they seem, using young girls’ photos as their supposed fake identities, they really were part of a larger crime ring.”, Loving Summer by Kailin Gow
Kailin Gow (Loving Summer (Loving Summer, #1))
Natural talents begin to blossom early, but they get nipped in the bud by what I call "the parent, the peer group and the professor" who tell us we should be concentrating on something like computers that will earn us money, instead of chasing this crazy passion of ours, and the talent in that passion which may be the key to riches untold. Denis Waitley
Janet Bray Attwood (The Passion Test: The Effortless Path to Discovering Your Destiny)
You need rich people in your society not so much because in spending their money they create jobs, but because of what they have to do to get rich. I'm not talking about the trickle-down effect here. I'm not saying that if you let Henry Ford get rich, he'll hire you as a waiter at his next party. I'm saying that he'll make you a tractor to replace your horse.
Paul Graham (Hackers & Painters: Big Ideas from the Computer Age)
the most important factor in America’s economic future—in raising everyone’s standard of living—is not land, or money, or computers; it’s human talent.
David Boaz (The Libertarian Mind: A Manifesto for Freedom)
Because if you’re going to make a small inexpensive computer you have to sell a lot of them to make a lot of money. And we intend to make a lot of money.
Tracy Kidder (The Soul of a New Machine)
Geeks = Know more about computers than their computer teacher, so everyone comes to them for computer problems. Nerds = Have no life and only worries about school, no one talks to them. Jocks = Know a lot about sports but not much else. Geek's Wife: Completely depend on the geek for tech support. Tend to be pretty good looking. Nerd's Wife: nonexistent Jock's Wife: only there for money, most likely having an affair with another jock See Geeks are the best!
Hamza Charlemagne
Poetic Terrorism WEIRD DANCING IN ALL-NIGHT computer-banking lobbies. Unauthorized pyrotechnic displays. Land-art, earth-works as bizarre alien artifacts strewn in State Parks. Burglarize houses but instead of stealing, leave Poetic-Terrorist objects. Kidnap someone & make them happy. Pick someone at random & convince them they're the heir to an enormous, useless & amazing fortune--say 5000 square miles of Antarctica, or an aging circus elephant, or an orphanage in Bombay, or a collection of alchemical mss. ... Bolt up brass commemorative plaques in places (public or private) where you have experienced a revelation or had a particularly fulfilling sexual experience, etc. Go naked for a sign. Organize a strike in your school or workplace on the grounds that it does not satisfy your need for indolence & spiritual beauty. Graffiti-art loaned some grace to ugly subways & rigid public monuments--PT-art can also be created for public places: poems scrawled in courthouse lavatories, small fetishes abandoned in parks & restaurants, Xerox-art under windshield-wipers of parked cars, Big Character Slogans pasted on playground walls, anonymous letters mailed to random or chosen recipients (mail fraud), pirate radio transmissions, wet cement... The audience reaction or aesthetic-shock produced by PT ought to be at least as strong as the emotion of terror-- powerful disgust, sexual arousal, superstitious awe, sudden intuitive breakthrough, dada-esque angst--no matter whether the PT is aimed at one person or many, no matter whether it is "signed" or anonymous, if it does not change someone's life (aside from the artist) it fails. PT is an act in a Theater of Cruelty which has no stage, no rows of seats, no tickets & no walls. In order to work at all, PT must categorically be divorced from all conventional structures for art consumption (galleries, publications, media). Even the guerilla Situationist tactics of street theater are perhaps too well known & expected now. An exquisite seduction carried out not only in the cause of mutual satisfaction but also as a conscious act in a deliberately beautiful life--may be the ultimate PT. The PTerrorist behaves like a confidence-trickster whose aim is not money but CHANGE. Don't do PT for other artists, do it for people who will not realize (at least for a few moments) that what you have done is art. Avoid recognizable art-categories, avoid politics, don't stick around to argue, don't be sentimental; be ruthless, take risks, vandalize only what must be defaced, do something children will remember all their lives--but don't be spontaneous unless the PT Muse has possessed you. Dress up. Leave a false name. Be legendary. The best PT is against the law, but don't get caught. Art as crime; crime as art.
Hakim Bey (TAZ: The Temporary Autonomous Zone (New Autonomy))
Your letter is written in proverbs,” I said, starting with the obvious. “All that glitters is not gold. Absolute power corrupts absolutely. He’s saying that money and power are dangerous. And the first line—better the devil you know than the one you don’t—or is it?—that’s obvious, right?” His family was the devil that Tobias Hawthorne had known—and I was the devil he hadn’t. But if that’s true—why me? If I was a stranger, how had he chosen me? A dart on a map? Max’s imaginary computer algorithm? And if I was a stranger—why was he sorry? “Keep going,” Jameson prompted. I focused. “Nothing is certain but death and taxes. It sounds to me like he knew he was going to die.” “We didn’t even know he was sick,” Jameson murmured. That hit close to home.
Jennifer Lynn Barnes (The Inheritance Games (The Inheritance Games, #1))
I felt that it was unfair that my lack of a few pounds of flesh should deprive me of a chance at a good job but I had long ago emotionally rejected the world in which I lived and my reaction was: Well, this is the system by which people want the world to run whether it helps them or not. To me, my losing was only another manifestation of that queer, material way of American living that computed everything in terms of the concrete: weight, color, race, fur coats, radios, electric refrigerators, cars, money ... It seemed that I simply could not fit into a materialistic life.
Richard Wright (Black Boy)
When Charles Darwin was trying to decide whether he should propose to his cousin Emma Wedgwood, he got out a pencil and paper and weighed every possible consequence. In favor of marriage he listed children, companionship, and the 'charms of music and female chit-chat.' Against marriage he listed the 'terrible loss of time,' lack of freedom to go where he wished, the burden of visiting relatives, the expense and anxiety provoked by children, the concern that 'perhaps my wife won't like London,' and having less money to spend on books. Weighing one column against the other produced a narrow margin of victory, and at the bottom Darwin scrawled, 'Marry—Marry—Marry Q.E.D.' Quod erat demonstrandum, the mathematical sign-off that Darwin himself restated in English: 'It being proved necessary to Marry.
Brian Christian (Algorithms to Live By: The Computer Science of Human Decisions)
By the early 1960’s America had reluctantly come to realize that it possessed, as a nation, the most potent scientific complex in the history of the world. Eighty per cent of all scientific discoveries in the preceding three decades had been made by Americans. The United States had 75 per cent of the world’s computers, and 90 per cent of the world’s lasers. The United States had three and a half times as many scientists as the Soviet Union and spent three and a half times as much money on research; the U.S. had four times as many scientists as the European Economic Community and spent seven times as much on research.
Michael Crichton (The Andromeda Strain)
I was so moved that she remembered my birthday that I cried harder than I had in years. When I returned her call, she told me her computer was broken and she couldn't afford to replace it. My heart fell. As I had done so many times before, I went to her rescue. Still on the phone, I went online and bought her a new laptop, top-of-the-line. That was what she had really called for, She thanked me and hung up. I went to Casey, sobbing. Soon afterward, I closed the bank account and asked my mom to not ask me for any more gifts or money. Now my relationship with my mom is very limited, and it's still very painful for me. She continues to occasionally send me bills she can't pay. I respond by telling her that I love her but I cannot pay her bills.
Olga Trujillo (The Sum of My Parts: A Survivor's Story of Dissociative Identity Disorder)
In the days when money was backed by its face value in silver or gold, there were limits to how much wealth could flow around the world. Today, it's virtual money that the bank lends into existence on a computer screen. "And unless the economy continually expands, there is no new flow of money to pay back that money, plus interest." . . . "As it stands now, if banks start loaning money more slowly than they collect debts, the quantity of money in the economy goes down, and it's impossible to pay back debts. So we get defaults on houses . . . our economy plunges into misery and unemployment. Under our current monetary system, the only alternative to that is endless growth. So one absolute thing we have to change is the whole nature of the monetary system. . . . we deny banks the right to create money." . . . There's a challenge with that solution, he admits. "You're trying to take the right to create wealth away from some of the wealthiest people on the planet.
Alan Weisman (Countdown: Our Last Best Hope for a Future on Earth?)
Engineers want to produce something,” said Wallach. “I didn’t go to school for six years just to get a paycheck. I thought that if this is what engineering’s all about, the hell with it.” He went to night school, to get a master’s in business administration. “I was always looking for the buck. I’d get the M.B.A., go back to New York, and make some money,” he figured. But he didn’t really want to do that. He wanted to build computers.
Tracy Kidder (The Soul of A New Machine)
IBM and other mainframe companies spent more money selling their products and serving their customers than they did in actually building their machines. They sold their computers to people who were actually going to use them, not to middlemen, and this market required good manners. Microcomputer companies sold equipment as if it were corn, in large quantities; they spent most of their money making things and competed not by being polite but by being aggressive.
Tracy Kidder (The Soul of a New Machine)
The sum total of money in the world is about $60 trillion, yet the sum total of coins and banknotes is less than $6 trillion.7 More than 90 per cent of all money – more than $50 trillion appearing in our accounts – exists only on computer servers.
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
Corporations, money and nations exist only in our imagination. We invented them to serve us; why do we find ourselves sacrificing our lives in their service? In the twenty-first century we will create more powerful fictions and more totalitarian religions than in any previous era. With the help of biotechnology and computer algorithms these religions will not only control our minute-by-minute existence, but will be able to shape our bodies, brains and minds, and to create entire virtual worlds complete with hells and heavens.
Yuval Noah Harari (Homo Deus: A Brief History of Tomorrow)
Money feels cold and mathematical and outside the realm of fuzzy human relationships. It isn’t. Money is a made-up thing, a shared fiction. Money is fundamentally, unalterably social. The social part of money—the “shared” in “shared fiction”—is exactly what makes it money. Otherwise, it’s just a chunk of metal, or a piece of paper, or, in the case of most money today, just a number stored on a bank’s computers.
Jacob Goldstein (Money: The True Story of a Made-Up Thing)
I was in my room, sitting on the Goddamn floor, setting up my new computer when I heard yelling from the living room. I went out to check what the fuck was happening. The last thing I expected to see was Amanda sitting on Ethan, while he was on his back on the floor. She was slapping the shit out of his head while he was yelling at her to stop. What the fuck? I didn't know whether to laugh, cheer, leave, or throw money at them.
Jay McLean (More Than Her (More Than, #2))
My grandpa used to tell my dad, “Son, it’s not the money you make, it’s the money you hold on to.” Make yourself a budget. Live within your means. Pack your lunch. Pinch pennies. Save as much as you can. Get the education you need for as cheap as you can get it. The art of holding on to money is all about saying no to consumer culture. Saying no to takeout, $ 4 lattes, and that shiny new computer when the old one still works fine.
Austin Kleon (Steal Like an Artist: 10 Things Nobody Told You About Being Creative)
Bit by bit, he has pared down his desires to what is now approaching a bare minimum. He has cut out smoking and drinking, he no longer eats in restaurants, he does not own a television, a radio, or a computer. He would like to trade his car in for a bicycle, but he can’t get rid of the car, since the distances he must travel for work are too great. The same applies to the cell phone he carries around in his pocket, which he would dearly love to toss in the garbage, but he needs it for work as well and therefore can’t do without it. The digital camera was an indulgence, perhaps, but given the drear and slog of the endless trash-out rut, he feels it is saving his life. His rent is low, since he lives in a small apartment in a poor neighborhood, and beyond spending money on bedrock necessities, the only luxury he allows himself is buying books, paperback books, mostly novels, American novels, British novels, foreign novels in translation, but in the end books are not luxuries so much as necessities, and reading is an addiction he has no wish to be cured of.
Paul Auster
Cold War teaches the same lesson as World War II and, for that matter, most wars in recent history. Don’t let a ruling class of warriors and politicians squash the entrepreneurs. The same recipe that makes individuals rich makes countries powerful. Let the nerds keep their lunch money, and you rule the world.
Paul Graham (Hackers & Painters: Big Ideas from the Computer Age)
When the veterans in the group were growing up, computers were quite rare and expensive, but Veres went to school in the age when anyone with a little money and skill could make up a small personal system. Veres says that what he does at home is different enough from what he does at work to serve as recreation for him. At work he deals with hardware; when he’s at home, he focuses on software—reading programming manuals and creating new software for his own computer.
Tracy Kidder (The Soul of A New Machine)
why Europe grew so powerful. Was it something about the geography of Europe? Was it that Europeans are somehow racially superior? Was it their religion? The answer (or at least the proximate cause) may be that the Europeans rode on the crest of a powerful new idea: allowing those who made a lot of money to keep it.
Paul Graham (Hackers & Painters: Big Ideas from the Computer Age)
Consider a more extreme example than the casino experiment. Assume a collection of people play Russian roulette a single time for a million dollars—this is the central story in Fooled by Randomness. About five out of six will make money. If someone used a standard cost-benefit analysis, he would have claimed that one has an 83.33 percent chance of gains, for an “expected” average return per shot of $833,333. But if you keep playing Russian roulette, you will end up in the cemetery. Your expected return is … not computable.
Nassim Nicholas Taleb (Skin in the Game: The Hidden Asymmetries in Daily Life)
The Deliverator had to borrow some money to pay for it. Had to borrow it from the Mafia, in fact. So he's in their database now—retinal patterns, DNA, voice graph, fingerprints, footprints, palm prints, wrist prints, every fucking part of the body that had wrinkles on it—almost—those bastards rolled in ink and made a print and digitized it into their computer.
Neal Stephenson (Snow Crash)
Want to guarantee nasty conflicts? Take a word with multiple, fuzzy, definitions, force people to strike an agreement on it, attach large amounts of money to it, and then watch them fight about it a year or two later.
Michael T. Nygard (Release It!: Design and Deploy Production-Ready Software (Pragmatic Programmers))
By controlling the mass media – television, newspapers, radio, and print – the secret organization with the code name, Rothfellers, convinced people on earth to rebuild their weapons systems as a means of providing money and jobs for everyone. Computer games such as Tron, Space Commander, Defender, and PacMan, replaced Monopoly and other home games during the last of the twentieth century. The games were a scheme of the Rothfellers, with the aid of President Sam Emen, to secretly prepare young boys and girls for nuclear wars by programming their minds to handle computertized warfare. Such preparation would be useful, once the draft was brought into full force.
Sophia Stewart (The Third Eye)
I was pretty sure I’d get sick of my new routine within a week — but it only took a day. Every day after that was as mind-numbing as the one before, ad infinitum. In theory, I could watch TV, use the computer, read a book, bake like I used to when I was single — but it seemed like everything cost money. I had to spend money to pass the time. People say housewives get free room and board and even time to nap, but the truth is napping was the most economical way to make it through the day. The hours moved slowly, but the days passed with staggering speed. Soon I lost all sense of time. I didn’t have any appointments or deadlines. The days were slipping through my fingers.
Hiroko Oyamada (The Hole)
(Olivia) “What is all of this, your James Bond room?” “You could say that. It’s my backup.” He opened cabinets, took out a pill bottle and downed a Percocet. “In here I have weapons, computers, transportation, medical supplies, money and anything else I might need for my survival. Things we’ll need to complete this job.” Olivia ran her fingers across several of the weapons on the counter and shelf. “Where’s your toothbrush radio and exploding briefcase?
Rita Henuber (Under Fire (Under Fire #1))
There's a hardness I'm seeing in modern people. Those little moments of goofiness that used to make the day pass seem to have gone. Life's so serious now. Maybe it's just because I'm with an older gang now.[...]I mean nobody even has hobbies these days. Not that I can see. Husbands and wives both work. Kids are farmed out to schools and video games. Nobody seems able to endure simply being themselves, either - but at the same time they're isolated. People work much more, only go home and surf the Internet and send e-mail rather than calling or writing a note or visiting each other. They work, watch TV, and sleep. I see these things. The world is only about work: work work work get get get...racing ahead...getting sacked from work...going online...knowing computer languages...winning contracts. I mean, it's just not what I would have imagined the world might be if you'd asked me seventeen years ago. People are frazzled and angry, desperate about money, and, at best, indifferent to the future.
Douglas Coupland (Girlfriend in a Coma)
When no one was going to pay for the public schools anymore and they were all like filled with guns and drugs and English teachers who were really pimps and stuff, some of the big media congloms got together and gave all this money and bought the schools so that all of them could have computers and pizza for lunch and stuff, which they gave for free, and now we do stuff in classes about how to work technology and how to find bargains and what’s the best way to get a job and how to decorate our bedroom.
M.T. Anderson (Feed)
The creator of Bitcoin, Satoshi, disappeared back in 2011, leaving behind open source software that the users of Bitcoin could update and improve. Five years later, it was estimated that only 15 percent of the basic Bitcoin computer code was the same as what Satoshi had written.
Nathaniel Popper (Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money)
so you want to be a writer? if it doesn’t come bursting out of you in spite of everything, don’t do it. unless it comes unasked out of your heart and your mind and your mouth and your gut, don’t do it. if you have to sit for hours staring at your computer screen or hunched over your typewriter searching for words, don’t do it. if you’re doing it for money or fame, don’t do it. if you’re doing it because you want women in your bed, don’t do it. if you have to sit there and rewrite it again and again, don’t do it. if it’s hard work just thinking about doing it, don’t do it. if you’re trying to write like somebody else, forget about it. if you have to wait for it to roar out of you, then wait patiently. if it never does roar out of you, do something else. if you first have to read it to your wife or your girlfriend or your boyfriend or your parents or to anybody at all, you’re not ready. don’t be like so many writers, don’t be like so many thousands of people who call themselves writers, don’t be dull and boring and pretentious, don’t be consumed with self- love. the libraries of the world have yawned themselves to sleep over your kind. don’t add to that. don’t do it. unless it comes out of your soul like a rocket, unless being still would drive you to madness or suicide or murder, don’t do it. unless the sun inside you is burning your gut, don’t do it. when it is truly time, and if you have been chosen, it will do it by itself and it will keep on doing it until you die or it dies in you. there is no other way. and there never was.
Charles Bukowski
When corporate-endowed foundations first made their appearance in the United States, there was a fierce debate about their provenance, legality, and lack of accountability. People suggested that if companies had so much surplus money, they should raise the wages of their workers. (People made these outrageous suggestions in those days, even in America.) The idea of these foundations, so ordinary now, was in fact a leap of the business imagination. Non-tax-paying legal entities with massive resources and an almost unlimited brief—wholly unaccountable, wholly nontransparent— what better way to parlay economic wealth into political, social, and cultural capital, to turn money into power? What better way for usurers to use a minuscule percentage of their profits to run the world? How else would Bill Gates, who admittedly knows a thing or two about computers, find himself designing education, health, and agriculture policies, not just for the US government but for governments all over the world?35
Arundhati Roy (Capitalism: A Ghost Story)
Look, Mr. Cop. I’m going easy on you because I don’t think you’re trying to be discriminatory or a jerk about this. I’m normal. I’m as normal as you. I cook, I clean, I talk on the phone, I even use a computer. I can read, I can tell time, I can pay for my own stuff with real money, I dress myself every morning and manage to color coordinate my clothes with the help of Braille labels. I can play specialized board games and figure out what socks go with which, except if the dryer monster eats them like it always seems to somehow. I’m just like you, Quint. I eat the same, brush my teeth the same, make love the same, orgasm the same, cry, smile, and get pissed…just like you.” “Will
Susan Stoker (Justice for Corrie (Badge of Honor: Texas Heroes, #3))
In fact, even today coins and banknotes are a rare form of money. The sum total of money in the world is about $60 trillion, yet the sum total of coins and banknotes is less than $6 trillion.7 More than 90 per cent of all money – more than $50 trillion appearing in our accounts – exists only on computer servers. Accordingly, most business transactions are executed by moving electronic data from one computer file to another, without any exchange of physical cash. Only a criminal buys a house, for example, by handing over a suitcase full of banknotes. As long as people are willing to trade goods and services in exchange for electronic data, it’s even better than shiny coins and crisp banknotes – lighter, less bulky, and easier to keep track of. For
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
Moreover, the prison sentence, which is always computed in terms of time, is related to abstract quantification, evoking the rise of science and what is often referred to as the Age of Reason. We should keep in mind that this was precisely the historical period when the value of labor began to be calculated in terms of time and therefore compensated in another quantifiable way, by money. The computability of state punishment in terms of time—days, months, years—resonates with the role of labor-time as the basis for computing the value of capitalist commodities. Marxist theorists of punishment have noted that precisely the historical period during which the commodity form arose is the era during which penitentiary sentences emerged as the primary form of punishment.
Angela Y. Davis (Are Prisons Obsolete?)
If you're anything like me, you don't make up your mind about important issues by doing original research, pounding over primary sources and coming to your own conclusions; you listen to people who claim to know what they're talking about - "experts" - and try to determine which of them is more credible. You do your best to gauge who's authentically well-informed and unbiased, who has an agenda and what it is - who's a corporate flack, a partisan hack, or a wacko. I believe that global warming is real and anthropogenic not because I've personally studied Antarctic ice core samples or run my own computer climate models, but because all the people who support the theory are climatologists with no evident investment in the issue, and all the people who dismiss it as alarmist claptrap are shills of the petro-chemical industry or just seem to like debunking things, from the Holocaust to the moon landing. We put our trust - our votes, our money, sometimes our lives - in someone else's authority. In other words, most of us decide not what to believe but whom to believe. And I say believe because for most people, such decisions are matters of faith rather than reason.
Tim Kreider (We Learn Nothing)
Until you get the family unit back together, we have no hope and we’ll never dig ourselves out of this hole. No matter how great the school is, how excellent the teachers are, how many computers, field trips, or other window dressing there is, until you have intact families that give a s***, we’re doomed. If you have chalk, pencils, and a roof that doesn’t leak, you’ve got a school. Back in the day people would do stuff by candlelight on the prairie and are a f***load smarter than kids now despite all the iPads and online homework. Why? Because if they didn’t read their assignment, their parents would take the ruler they were supposed to be using for that assignment and smack them with it. We don’t need to keep throwing money at the problem, we need to throw parents at the problem.
Adam Carolla (President Me: The America That's in My Head)
You may have no computer, but thank The Divine One for giving you a brain. You may have no television, but thank The Divine One for giving you an imagination. You may have no counselor, but thank The Divine One for giving you a conscience. You may have no binoculars, but thank The Divine One for giving you eyes. You may have no megaphone, but thank The Divine One for giving you a mouth. You may have no defender, but thank The Divine One for giving you hands. You may have no food, but thank The Divine One for giving you teeth. You may have no car, but thank The Divine One for giving you feet. You may have no degrees, but thank The Divine One for giving you talents. You may have no job, but thank The Divine One for giving you potential. You may have no career, but thank The Divine One for giving you inspiration. You may have no money, but thank The Divine One for giving you ambition. You may have no possessions, but thank The Divine One for giving you character. You may have no titles, but thank The Divine One for giving you honor. You may have no magic, but thank The Divine One for giving you intuition. You may have no friends, but thank The Divine One for giving you angels.
Matshona Dhliwayo
Pathways toward a New Shabbat Do 1. Stay at home. Spend quality time with family and real friends. 2. Celebrate with others: at the table, in the synagogue, with friends or community. 3. Study or read something that will edify, challenge, or make you grow. 4. Be alone. Take some time for yourself. Check in with yourself. Review your week. Ask yourself where you are in your life. 5. Mark the beginning and end of this sacred time by lighting candles and making kiddush on Friday night and saying havdalah on Saturday night. Don’t 6. Don’t do anything you have to do for your work life. This includes obligatory reading, homework for kids (even without writing!), unwanted social obligations, and preparing for work as well as doing your job itself. 7. Don’t spend money. Separate completely from the commercial culture that surrounds us so much. This includes doing business of all sorts. No calls to the broker, no following up on ads, no paying of bills. It can all wait. 8. Don’t use the computer. Turn off the iPhone or smartphone or whatever device has replaced it by the time you read this. Live and breathe for a day without checking messages. Declare your freedom from this new master of our minds and our time. Find the time for face-to-face conversations with people around you, without Facebook. 9. Don’t travel. Avoid especially commercial travel and places like airports, hotel check-ins, and similar depersonalizing encounters. Stay free of situations in which people are likely to tell you to “have a nice day” (Shabbat already is a nice day, thank you). 10. Don’t rely on commercial or canned video entertainment, including the TV as well as the computer screen. Discover what there is to do in life when you are not being entertained.
Arthur Green (Judaism’s Ten Best Ideas: A Brief Guide for Seekers)
Many of our friends who grew up here now live in Brooklyn, where they are at work on “book-length narratives.” Another contingent has moved to the Bay Area and made a fortune there. Every year or so, these west-coasters travel back to Michigan and call us up for dinner or drinks, occasions they use to educate us on the inner workings of the tech industry. They refer to the companies they work for in the first person plural, a habit I have yet to acculturate to. Occasionally they lapse into the utopian, speaking of robotics ordinances and brain-computer interfaces and the mystical, labyrinthine channels of capital, conveying it all with the fervency of pioneers on a civilizing mission. Being lectured quickly becomes dull, and so my husband and I, to amuse ourselves, will sometimes play the rube. “So what, exactly, is a venture capitalist?” we’ll say. Or: “Gosh, it sounds like science fiction.” I suppose we could tell them the truth—that nothing they’re proclaiming is news; that the boom and bustle of the coastal cities, like the smoke from those California wildfires, liberally wafts over the rest of the country. But that seems a bit rude. We are, after all, Midwesterners. Here, work is work and money is money, and nobody speaks of these things as though they were spiritual movements or expressions of one’s identity.
Meghan O'Gieblyn (Interior States: Essays)
We do everything wrong: instead of spending years perfecting our technology, we build a minimum viable product, an early product that is terrible, full of bugs and crash-your-computer-yes-really stability problems. Then we ship it to customers way before it’s ready. And we charge money for it. After securing initial customers, we change the product constantly—much too fast by traditional standards—shipping new versions of our product dozens of times every single day.
Eric Ries (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses)
Most people think the Lego corporation assembled a crack team of world-class experts to engineer Mini-Florida on a computer, but I’m not buying it.” “You aren’t?” asked Coleman. “It’s way too good.” Serge pointed at a two-story building in Key West. “Examine the meticulous green shutters on Hemingway’s house. No, my money is on a lone-wolf manic type like the famous Latvian Edward Leedskalnin, who single-handedly built the Coral Castle back in the twenties. He operated in secret, moving multi-ton hewn boulders south of Miami, and nobody knows how he did it. Probably happened here as well: The Lego people conducting an exhaustive nationwide search among the obsessive-compulsive community. But they had to be selective and stay away from the ones whose entire houses are filled to the ceiling with garbage bags of their own hair. Then they most likely found some cult guru living in a remote Lego ashram south of Pueblo with nineteen wives, offered him unlimited plastic blocks and said, ‘Knock yourself out.
Tim Dorsey (Tiger Shrimp Tango (Serge Storms #17))
During its first week in stores, Battlefield 3 sold more than 5 million copies. The financial people at Electronic Arts established that the game had added about $370,000 to the company’s coffers—significantly more money than Avatar, one of the most lucrative films ever, earned during its first weekend in the theaters. For the uninitiated, the numbers may seem sky-high, but they were exactly in line with what the bosses at Electronic Arts had predicted. Battlefield 3 was just more proof that computer games are big business.
Daniel Goldberg (Minecraft: The Unlikely Tale of Markus "Notch" Persson and the Game that Changed Everything)
He had in fact gone to the office, ignoring Willem’s texts, and had sat there at his computer, staring without seeing the file before him and wondering yet again why he had joined Ratstar. The worst thing was that the answer was so obvious that he didn’t even need to ask it: he had joined Ratstar to impress his parents. His last year of architecture school, Malcolm had had a choice—he could have chosen to work with two classmates, Jason Kim and Sonal Mars, who were starting their own firm with money from Sonal’s grandparents, or he could have joined Ratstar. “You’ve got to be kidding me,” Jason had said when Malcolm had told him of his decision. “You realize what your life is going to be like as an associate at a place like that, don’t you?” “It’s a great firm,” he’d said, staunchly, sounding like his mother, and Jason had rolled his eyes. “I mean, it’s a great name to have on my résumé.” But even as he said it, he knew (and, worse, feared Jason knew as well) what he really meant: it was a great name for his parents to say at cocktail parties. And, indeed, his parents liked to say it. “Two kids,” Malcolm had overheard his father say to someone at a dinner party celebrating one of Malcolm’s mother’s clients. “My daughter’s an editor at FSG, and my son works for Ratstar Architects.” The woman had made an approving sound, and Malcolm, who had actually been trying to find a way to tell his father he wanted to quit, had felt something in him wilt. At such times, he envied his friends for the exact things he had once pitied them for: the fact that no one had any expectations for them, the ordinariness of their families (or their very lack of them), the way they navigated their lives by only their own ambitions.
Hanya Yanagihara (A Little Life)
Computers were built in the late 1940s because mathematicians like John von Neumann thought that if you had a computer—a machine to handle a lot of variables simultaneously—you would be able to predict the weather. Weather would finally fall to human understanding. And men believed that dream for the next forty years. They believed that prediction was just a function of keeping track of things. If you knew enough, you could predict anything. That’s been a cherished scientific belief since Newton.” “And?” “Chaos theory throws it right out the window. It says that you can never predict certain phenomena at all. You can never predict the weather more than a few days away. All the money that has been spent on long-range forecasting—about half a billion dollars in the last few decades—is money wasted. It’s a fool’s errand. It’s as pointless as trying to turn lead into gold. We look back at the alchemists and laugh at what they were trying to do, but future generations will laugh at us the same way. We’ve tried the impossible—and spent a lot of money doing it. Because in fact there are great categories of phenomena that are inherently unpredictable.
Michael Crichton (Jurassic Park (Jurassic Park, #1))
What’s stopping me is I’m a Dahlite, a heatsinker on Dahl. I don’t have the money to get an education and I can’t get the credits to get an education. A real education, I mean. All they taught me was to read and cipher and use a computer and then I knew enough to be a heatsinker. But I wanted more. So I taught myself.” “In some ways, that’s the best kind of teaching. How did you do that?” “I knew a librarian. She was willing to help me. She was a very nice woman and she showed me how to use computers for learning mathematics. And she set up a software system that would connect me with other libraries.
Isaac Asimov (Prelude to Foundation (Foundation, #6))
We all know that 97% of the money in the world doesn't exist and that's thanks to Fractional Reserve Banking, or should I say fictional reserve banking." He grinned at his own joke, his smile partly hidden by his hair, "Money is no longer attached to the Gold Standard, therefore, it isn't based on anything. So when it says, 'I promise to pay the bearer on demand ten pounds,' I have to ask, ten pounds of what?" Silence. "The world is owned by the rich shareholder, the rich superstar, the rich industrialist, the rich aristocracy." He was now marching around the stage, "It doesn't matter who or what they are, if they're rich then they own a part of the world, but they only own it because they've got lots of money. Which means they own part of the 97% of the world’s fictional money, the pretend money that only exists on a computer." He stopped abruptly and stared out at the audience, "Which means that if they cashed in their fictional nonexistent money they'd get something like this ten pound note offering to pay the bearer the sum of ten pounds of nothing." He held the note aloft, "Which means the rich have managed to buy the entire world with paper nothing that has a value of nothing and we've let them do it.
Arun D. Ellis (Daydream Believers)
At one point, we had become concerned with how much screen time had crept into our family. Between television, computers, tablets, and smart phones it had become just too easy for the children to waste time on nonessential entertainment. But our attempts to get them to change these habits, as you can imagine, were met with friction. The children would complain whenever we turned the TV off or tried to limit their “screen time.” And we as the parents had to consciously police the situation, which took us away from doing things that were essential. So we introduced a token system.9 The children were given ten tokens at the beginning of the week. These could each be traded in for either thirty minutes of screen time or fifty cents at the end of the week, adding up to $5 or five hours of screen time a week. If a child read a book for thirty minutes, he or she would earn an additional token, which could also be traded in for screen time or for money. The results were incredible: overnight, screen time went down 90 percent, reading went up by the same amount, and the overall effort we had to put into policing the system went way, way down. In other words, nonessential activity dramatically decreased and essential activity dramatically increased.
Greg McKeown (Essentialism: The Disciplined Pursuit of Less)
When problems of transference are involved, as they usually are, psychotherapy is, among other things, a process of map-revising. Patients come to therapy because their maps are clearly not working. But how they may cling to them and fight the process every step of the way! Frequently their need to cling to their maps and fight against losing them is so great that therapy becomes impossible, as it did in the case of the computer technician. Initially he requested a Saturday appointment. After three sessions he stopped coming because he took a job doing lawn-maintenance work on Saturdays and Sundays. I offered him a Thursday-evening appointment. He came for two sessions and then stopped because he was doing overtime work at the plant. I then rearranged my schedule so I could see him on Monday evenings, when, he had said, overtime work was unlikely. After two more sessions, however, he stopped coming because Monday-night overtime work seemed to have picked up. I confronted him with the impossibility of doing therapy under these circumstances. He admitted that he was not required to accept overtime work. He stated, however, that he needed the money and that the work was more important to him than therapy. He stipulated that he could see me only on those Monday evenings when there was no overtime work to be done and that he would call me at four o’clock every Monday afternoon to tell me if he could keep his appointment that evening. I told him that these conditions were not acceptable to me, that I was unwilling to set aside my plans every Monday evening on the chance that he might be able to come to his sessions. He felt that I was being unreasonably rigid, that I had no concern for his needs, that I was interested only in my own time and clearly cared nothing for him, and that therefore I could not be trusted. It was on this basis that our attempt to work together was terminated, with me as another landmark on his old map. The problem of transference is not simply a
M. Scott Peck (The Road Less Traveled: A New Psychology of Love, Traditional Values and Spiritual Growth)
It mattered very much to this young person. I was inclined to tell him that if he was worried, it probably was a sin, or at the very least, would weigh on him as one. For God also tells us that when you perform an action you believe to be a sin, it still counts as a sin even if it is proven to be permissible. Conscience. Conscience is the ultimate measure of man." "All right, it's a sin," moaned Alif. "I don't care. I don't play Battlecraft. It's for teenagers." "I'm not looking for any particular answer. Don't feel you must agree. I want to know what you think." "I'm not looking for any particular answer. Don't feel you must agree. I want to know what you think." "I think people need a break. It's not like they're out there selling bacon and booze. They want to pretend for a few hours a day that we don't live in this awful hole getting squeezed by State on one side and pious airheads on the other, all while smiling our shit-eating grins so that the oil companies keep shoveling money into our pockets. Surely God wouldn't mind people pretending life is better, even if it involves fictional pork." "But isn't that a dangerous precedent? Fictional pork is one thing-one cannot smell it or taste it, and thus the temptation to go out and consume real pork is low. However, if we were to talk about fictional adultery-I know there are many people who do and say all kinds of dirty things online-then it would be another matter. Those are real desires manifesting themselves on the computer screen. Who knows how many adulterous relationships begin on the Internet and end in the bedroom?" Alif blanched. "And even if they don't," the sheikh continued, "who's to say the spiritual damage isn't real nonetheless? When two people form a relationship online, it isn't a fiction based on real life, it's real life based on a fiction. You believe the person you cannot see or touch is perfect, because she chooses to reveal only the things that she knows will please you. Surely that is dangerous indeed." "You could say the same thing about an arranged marriage," said Alif.
G. Willow Wilson (Alif the Unseen)
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In fact, even today coins and banknotes are a rare form of money. The sum total of money in the world is about $60 trillion, yet the sum total of coins and banknotes is less than $6 trillion.7 More than 90 per cent of all money – more than $50 trillion appearing in our accounts – exists only on computer servers. Accordingly, most business transactions are executed by moving electronic data from one computer file to another, without any exchange of physical cash. Only a criminal buys a house, for example, by handing over a suitcase full of banknotes. As long as people are willing to trade goods and services in exchange for electronic data, it’s even better than shiny coins and crisp banknotes – lighter, less bulky, and easier to keep track of.
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
In theory, if some holy book misrepresented reality, its disciples would sooner or later discover this, and the text’s authority would be undermined. Abraham Lincoln said you cannot deceive everybody all the time. Well, that’s wishful thinking. In practice, the power of human cooperation networks depends on a delicate balance between truth and fiction. If you distort reality too much, it will weaken you, and you will not be able to compete against more clear-sighted rivals. On the other hand, you cannot organise masses of people effectively without relying on some fictional myths. So if you stick to unalloyed reality, without mixing any fiction with it, few people will follow you. If you used a time machine to send a modern scientist to ancient Egypt, she would not be able to seize power by exposing the fictions of the local priests and lecturing the peasants on evolution, relativity and quantum physics. Of course, if our scientist could use her knowledge in order to produce a few rifles and artillery pieces, she could gain a huge advantage over pharaoh and the crocodile god Sobek. Yet in order to mine iron ore, build blast furnaces and manufacture gunpowder the scientist would need a lot of hard-working peasants. Do you really think she could inspire them by explaining that energy divided by mass equals the speed of light squared? If you happen to think so, you are welcome to travel to present-day Afghanistan or Syria and try your luck. Really powerful human organisations – such as pharaonic Egypt, the European empires and the modern school system – are not necessarily clear-sighted. Much of their power rests on their ability to force their fictional beliefs on a submissive reality. That’s the whole idea of money, for example. The government makes worthless pieces of paper, declares them to be valuable and then uses them to compute the value of everything else. The government has the power to force citizens to pay taxes using these pieces of paper, so the citizens have no choice but to get their hands on at least some of them. Consequently, these bills really do become valuable, the government officials are vindicated in their beliefs, and since the government controls the issuing of paper money, its power grows. If somebody protests that ‘These are just worthless pieces of paper!’ and behaves as if they are only pieces of paper, he won’t get very far in life.
Yuval Noah Harari (Homo Deus: A History of Tomorrow)
In the longer term, by bringing together enough data and enough computing power, the data giants could hack the deepest secrets of life, and then use this knowledge not just to make choices for us or manipulate us but also to reengineer organic life and create inorganic life-forms. Selling advertisements may be necessary to sustain the giants in the short term, but tech companies often evaluate apps, products, and other companies according to the data they harvest rather than according to the money they generate. A popular app may lack a business model and may even lose money in the short term, but as long as it sucks data, it could be worth billions.4 Even if you don’t know how to cash in on the data today, it is worth having it because it might hold the key to controlling and shaping life in the future. I don’t know for certain that the data giants explicitly think about this in such terms, but their actions indicate that they value the accumulation of data in terms beyond those of mere dollars and cents. Ordinary humans will find it very difficult to resist this process. At present, people are happy to give away their most valuable asset—their personal data—in exchange for free email services and funny cat videos. It’s a bit like African and Native American tribes who unwittingly sold entire countries to European imperialists in exchange for colorful beads and cheap trinkets. If, later on, ordinary people decide to try to block the flow of data, they might find it increasingly difficult, especially as they might come to rely on the network for all their decisions, and even for their healthcare and physical survival.
Yuval Noah Harari (21 Lessons for the 21st Century)
A string of ones and zeroes was not a difficult thing for Bill Gates to distribute, once he’d thought of the idea. The hard part was selling it—reassuring customers that they were actually getting something in return for their money. Anyone who has ever bought a piece of software in a store has had the curiously deflating experience of taking the bright shrink-wrapped box home, tearing it open, finding that it’s ninety-five percent air, throwing away all the little cards, party favors, and bits of trash, and loading the disk into the computer. The end result (after you’ve lost the disk) is nothing except some images on a computer screen, and some capabilities that weren’t there before. Sometimes you don’t even have that—you have a string of error messages instead. But your money is definitely gone. Now we are almost accustomed to this, but twenty years ago it was a very dicey business proposition.
Neal Stephenson (In the Beginning...Was the Command Line)
As a society we are only now getting close to where Dogen was eight hundred years ago. We are watching all our most basic assumptions about life, the universe, and everything come undone, just like Dogen saw his world fall apart when his parents died. Religions don’t seem to mean much anymore, except maybe to small groups of fanatics. You can hardly get a full-time job, and even if you do, there’s no stability. A college degree means very little. The Internet has leveled things so much that the opinions of the greatest scientists in the world about global climate change are presented as being equal to those of some dude who read part of the Bible and took it literally. The news industry has collapsed so that it’s hard to tell a fake headline from a real one. Money isn’t money anymore; it’s numbers stored in computers. Everything is changing so rapidly that none of us can hope to keep up. All this uncertainty has a lot of us scrambling for something certain to hang on to. But if you think I’m gonna tell you that Dogen provides us with that certainty, think again. He actually gives us something far more useful. Dogen gives us a way to be okay with uncertainty. This isn’t just something Buddhists need; it’s something we all need. We humans can be certainty junkies. We’ll believe in the most ridiculous nonsense to avoid the suffering that comes from not knowing something. It’s like part of our brain is dedicated to compulsive dot-connecting. I think we’re wired to want to be certain. You have to know if that’s a rope or a snake, if the guy with the chains all over his chest is a gangster or a fan of bad seventies movies. Being certain means being safe. The downfall is that we humans think about a lot of stuff that’s not actually real. We crave certainty in areas where there can never be any. That’s when we start in with believing the crazy stuff. Dogen is interesting because he tries to cut right to the heart of this. He gets into what is real and what is not. Probably the main reason he’s so difficult to read is that Dogen is trying to say things that can’t actually be said. So he has to bend language to the point where it almost breaks. He’s often using language itself to show the limitations of language. Even the very first readers of his writings must have found them difficult. Dogen understood both that words always ultimately fail to describe reality and that we human beings must rely on words anyway. So he tried to use words to write about that which is beyond words. This isn’t really a discrepancy. You use words, but you remain aware of their limitations. My teacher used to say, “People like explanations.” We do. They’re comforting. When the explanation is reasonably correct, it’s useful.
Brad Warner (It Came from Beyond Zen!: More Practical Advice from Dogen, Japan's Greatest Zen Master (Treasury of the True Dharma Eye Book 2))
There have been a few times in my life when I have experienced extreme loss and it seemed like I lost everything. If you're at a place in your life where it seems like you've lost everything, just first of all know that you haven't lost everything. Look around and take inventory of your life at this exact moment - think about the resources that you still have, whether its skills, money, a network of friends and family, a brand with a good reputation, a top quality resume, money in savings, your house, your car, your computer or whatever it may be. Then think about how you can leverage whatever resources you have remaining after your loss and figure out how to utilize those resources and convert them into streams of income by adding value to other peoples lives or adding value to a marketplace. The money will begin to flow back in and you will begin to gain back the equivalent and more of everything you lost. Then when you've rebounded and it seems like you have it all, do everything in your power to protect it all and to keep it all and to avoid loss.
Hendrith Vanlon Smith Jr.
Bored with Pisit today, I switch to our public radio channel, where the renowned and deeply reverend Phra Titapika is lecturing on Dependent Origination. Not everyone’s cup of chocolate, I agree (this is not the most popular show in Thailand), but the doctrine is at the heart of Buddhism. You see, dear reader (speaking frankly, without any intention to offend), you are a ramshackle collection of coincidences held together by a desperate and irrational clinging, there is no center at all, everything depends on everything else, your body depends on the environment, your thoughts depend on whatever junk floats in from the media, your emotions are largely from the reptilian end of your DNA, your intellect is a chemical computer that can’t add up a zillionth as fast as a pocket calculator, and even your best side is a superficial piece of social programming that will fall apart just as soon as your spouse leaves with the kids and the money in the joint account, or the economy starts to fail and you get the sack, or you get conscripted into some idiot’s war, or they give you the news about your brain tumor. To name this amorphous morass of self-pity, vanity, and despair self is not only the height of hubris, it is also proof (if any were needed) that we are above all a delusional species. (We are in a trance from birth to death.) Prick the balloon, and what do you get? Emptiness. It’s not only us-this radical doctrine applies to the whole of the sentient world. In a bumper sticker: The fear of letting go prevents you from letting go of the fear of letting go. Here’s the good Phra in fine fettle today: “Take a snail, for example. Consider what brooding overweening self-centered passion got it into that state. Can you see the rage of a snail? The frustration of a cockroach? The ego of an ant? If you can, then you are close to enlightenment.” Like I say, not everyone’s cup of miso. Come to think of it, I do believe I prefer Pisit, but the Phra does have a point: take two steps in the divine art of Buddhist meditation, and you will find yourself on a planet you no longer recognize. Those needs and fears you thought were the very bones of your being turn out to be no more than bugs in your software. (Even the certainty of death gets nuanced.) You’ll find no meaning there. So where?
John Burdett (Bangkok Tattoo (Sonchai Jitpleecheep, #2))
The popular 2020 documentary The Social Dilemma illustrates how AI’s personalization will cause you to be unconsciously manipulated by AI and motivated by profit from advertising. The Social Dilemma star Tristan Harris says: “You didn’t know that your click caused a supercomputer to be pointed at your brain. Your click activated billions of dollars of computing power that has learned much from its experience of tricking two billion human animals to click again.” And this addiction results in a vicious cycle for you, but a virtuous cycle for the big Internet companies that use this mechanism as a money-printing machine. The Social Dilemma further argues that this may narrow your viewpoints, polarize society, distort truth, and negatively affect your happiness, mood, and mental health. To put it in technical terms, the core of the issue is the simplicity of the objective function, and the danger from single-mindedly optimizing a single objective function, which can lead to harmful externalities. Today’s AI usually optimizes this singular goal—most commonly to make money (more clicks, ads, revenues). And AI has a maniacal focus on that one corporate goal, without regard for users’ well-being.
Kai-Fu Lee (AI 2041: Ten Visions for Our Future)
The explosion of government and spending under Obama insured that while the rest of the nation continued to suffer stagnant job growth and slow housing sales long past the time when a recovery should have been underway, one city was booming like a five-year-long Led Zeppelin drum solo: Washington, D.C. According to the 2014 Forbes ranking of the ten richest counties in America, none were in New York, California, or Texas. Before Obama took office, five of the richest counties surrounded Washington, D.C. Now, seven years after Obama took office on his promise to rid the place of big money lobbyists, and Democrats assumed complete control of the White House and Congress for two years, six of the richest counties surround Washington, D.C. Bear in mind that unlike Texas or California, where money is generated by creating products people actually need, such as oil or computers, Washington, D.C., produces nothing but government. In other words, six of the ten richest counties in America got that rich by being parasites. A case could be made that under the current leadership, crony capitalism is more rewarding than actual capitalism. And with all that government around business people’s necks, it’s certainly a heckuva lot easier.
Mike Huckabee (God, Guns, Grits, and Gravy: and the Dad-Gummed Gummint That Wants to Take Them Away)
[…] if sophistication is the ability to put a smile on one's existential desperation, then the fear of a glossy sheen is actually the fear that surface equals depth. *** […] we wake up, we do something—anything—we go to sleep, and we repeat it about 22,000 more times, and then we die. *** Part of our new boredom is that our brain doesn't have any downtime. Even the smallest amount of time not being engaged creates a spooky sensatino that maybe you're on the wrong track. Reboot your computer and sit there waiting for it to do its thing, and within seventeen seconds you experience a small existential implosion when you remember that fifteen years ago life was nothing but this kind of moment. Gosh, mabe I'll read a book. Or go for a walk. Sorry. Probably not going to happen. Hey, is that the new trailer for Ex Machina? *** In the 1990s there was that expression, "Get a life!" You used to say it to people who were overly fixating on some sort of minutia or detail or thought thread, and by saying, "Get a life," you were trying to snap them out of their obsession and get them to join the rest of us who are still out in the world, taking walks and contemplating trees and birds. The expression made sense at the time, but it's been years since I've heard anyone use it anywhere. What did it mean then, "getting a life"? Did we all get one? Or maybe we've all not got lives anymore, and calling attention to one person without a life would put the spotlight on all of humanity and our now full-time pursuit of minutia, details and tangential idea threads. *** I don't buy lottery tickets because they spook me. If you buy a one-in-fifty-million chance to win a cash jackpoint, you're simultaneously tempting fate and adding all sorts of other bonus probabilities to your plance of existence: car crashes, random shootings, being struck by a meteorite. Why open a door that didn't need opening? *** I read something last week and it made sense to me: people want other people to do well in life but not too well. I've never won a raffle or prize or lottery draw, and I can't help but wonder how it must feel. One moment you're just plain old you, and then whaam, you're a winner and now everyone hates you and wants your money. It must be bittersweet. You hear all those stories about how big lottery winners' lives are ruined by winning, but that's not an urban legend. It's pretty much the norm. Be careful what you wish for and, while you're doing so, be sure to use the numbers between thirty-two and forty-nine.
Douglas Coupland (Bit Rot)
We are about to study the idea of a computational process. Computational processes are abstract beings that inhabit computers. As they evolve, processes manipulate other abstract things called data. The evolution of a process is directed by a pattern of rules called a program. People create programs to direct processes. In effect, we conjure the spirits of the computer with our spells. A computational process is indeed much like a sorcerer's idea of a spirit. It cannot be seen or touched. It is not composed of matter at all. However, it is very real. It can perform intellectual work. It can answer questions. It can affect the world by disbursing money at a bank or by controlling a robot arm in a factory. The programs we use to conjure processes are like a sorcerer's spells. They are carefully composed from symbolic expressions in arcane and esoteric programming languages that prescribe the tasks we want our processes to perform. A computational process, in a correctly working computer, executes programs precisely and accurately. Thus, like the sorcerer's apprentice, novice programmers must learn to understand and to anticipate the consequences of their conjuring. Even small errors (usually called bugs or glitches) in programs can have complex and unanticipated consequences.
Harold Abelson (Structure and Interpretation of Computer Programs)
After more than twenty years as a transactional trader and businessman in what I called the “strange profession,” I tried what one calls an academic career. And I have something to report—actually that was the driver behind this idea of antifragility in life and the dichotomy between the natural and the alienation of the unnatural. Commerce is fun, thrilling, lively, and natural; academia as currently professionalized is none of these. And for those who think that academia is “quieter” and an emotionally relaxing transition after the volatile and risk-taking business life, a surprise: when in action, new problems and scares emerge every day to displace and eliminate the previous day’s headaches, resentments, and conflicts. A nail displaces another nail, with astonishing variety. But academics (particularly in social science) seem to distrust each other; they live in petty obsessions, envy, and icy-cold hatreds, with small snubs developing into grudges, fossilized over time in the loneliness of the transaction with a computer screen and the immutability of their environment. Not to mention a level of envy I have almost never seen in business. … My experience is that money and transactions purify relations; ideas and abstract matters like “recognition” and “credit” warp them, creating an atmosphere of perpetual rivalry. I grew to find people greedy for credentials nauseating, repulsive, and untrustworthy.
Nassim Nicholas Taleb (Antifragile: Things that Gain from Disorder)
Many aspects of the modern financial system are designed to give an impression of overwhelming urgency: the endless ‘news’ feeds, the constantly changing screens of traders, the office lights blazing late into the night, the young analysts who find themselves required to work thirty hours at a stretch. But very little that happens in the finance sector has genuine need for this constant appearance of excitement and activity. Only its most boring part—the payments system—is an essential utility on whose continuous functioning the modern economy depends. No terrible consequence would follow if the stock market closed for a week (as it did in the wake of 9/11)—or longer, or if a merger were delayed or large investment project postponed for a few weeks, or if an initial public offering happened next month rather than this. The millisecond improvement in data transmission between New York and Chicago has no significance whatever outside the absurd world of computers trading with each other. The tight coupling is simply unnecessary: the perpetual flow of ‘information’ part of a game that traders play which has no wider relevance, the excessive hours worked by many employees a tournament in which individuals compete to display their alpha qualities in return for large prizes. The traditional bank manager’s culture of long lunches and afternoons on the golf course may have yielded more useful information about business than the Bloomberg terminal. Lehman
John Kay (Other People's Money: The Real Business of Finance)
The men in grey were powerless to meet this challenge head-on. Unable to detach the children from Momo by bringing them under their direct control, they had to find some roundabout means of achieving the same end, and for this they enlisted the children's elders. Not all grown-ups made suitable accomplices, of course, but plenty did. [....] 'Something must be done,' they said. 'More and more kids are being left on their own and neglected. You can't blame us - parents just don't have the time these days - so it's up to the authorities.' Others joined in the chorus. 'We can't have all these youngsters loafing around, ' declared some. 'They obstruct the traffic. Road accidents caused by children are on the increase, and road accidents cost money that could be put to better use.' 'Unsupervised children run wild, declared others.'They become morally depraved and take to crime. The authorities must take steps to round them up. They must build centers where the youngsters can be molded into useful and efficient members of society.' 'Children,' declared still others, 'are the raw material for the future. A world dependent on computers and nuclear energy will need an army of experts and technicians to run it. Far from preparing children from tomorrow's world, we still allow too many of them to squander years of their precious time on childish tomfoolery. It's a blot on our civilization and a crime against future generations.' The timesavers were all in favor of such a policy, naturally, and there were so many of them in the city by this time that they soon convinced the authorities of the need to take prompt action. Before long, big buildings known as 'child depots' sprang up in every neighborhood. Children whose parents were too busy to look after them had to be deposited there and could be collected when convenient. They were strictly forbidden to play in the streets or parks or anywhere else. Any child caught doing so was immediately carted off to the nearest depot, and its parents were heavily fined. None of Momo's friends escaped the new regulation. They were split up according to districts they came from and consigned to various child depots. Once there, they were naturally forbidden to play games of their own devising. All games were selected for them by supervisors and had to have some useful, educational purpose. The children learned these new games but unlearned something else in the process: they forgot how to be happy, how to take pleasure in the little things, and last but not least, how to dream. Weeks passed, and the children began to look like timesavers in miniature. Sullen, bored and resentful, they did as they were told. Even when left to their own devices, they no longer knew what to do with themselves. All they could still do was make a noise, but it was an angry, ill-tempered noise, not the happy hullabaloo of former times. The men in grey made no direct approach to them - there was no need. The net they had woven over the city was so close-meshed as to seem inpenetrable. Not even the brightest and most ingenious children managed to slip through its toils. The amphitheater remained silent and deserted.
Michael Ende, Momo
In the absence of expert [senior military] advice, we have seen each successive administration fail in the business of strategy - yielding a United States twice as rich as the Soviet Union but much less strong. Only the manner of the failure has changed. In the 1960s, under Robert S. McNamara, we witnessed the wholesale substitution of civilian mathematical analysis for military expertise. The new breed of the "systems analysts" introduced new standards of intellectual discipline and greatly improved bookkeeping methods, but also a trained incapacity to understand the most important aspects of military power, which happens to be nonmeasurable. Because morale is nonmeasurable it was ignored, in large and small ways, with disastrous effects. We have seen how the pursuit of business-type efficiency in the placement of each soldier destroys the cohesion that makes fighting units effective; we may recall how the Pueblo was left virtually disarmed when it encountered the North Koreans (strong armament was judged as not "cost effective" for ships of that kind). Because tactics, the operational art of war, and strategy itself are not reducible to precise numbers, money was allocated to forces and single weapons according to "firepower" scores, computer simulations, and mathematical studies - all of which maximize efficiency - but often at the expense of combat effectiveness. An even greater defect of the McNamara approach to military decisions was its businesslike "linear" logic, which is right for commerce or engineering but almost always fails in the realm of strategy. Because its essence is the clash of antagonistic and outmaneuvering wills, strategy usually proceeds by paradox rather than conventional "linear" logic. That much is clear even from the most shopworn of Latin tags: si vis pacem, para bellum (if you want peace, prepare for war), whose business equivalent would be orders of "if you want sales, add to your purchasing staff," or some other, equally absurd advice. Where paradox rules, straightforward linear logic is self-defeating, sometimes quite literally. Let a general choose the best path for his advance, the shortest and best-roaded, and it then becomes the worst path of all paths, because the enemy will await him there in greatest strength... Linear logic is all very well in commerce and engineering, where there is lively opposition, to be sure, but no open-ended scope for maneuver; a competitor beaten in the marketplace will not bomb our factory instead, and the river duly bridged will not deliberately carve out a new course. But such reactions are merely normal in strategy. Military men are not trained in paradoxical thinking, but they do no have to be. Unlike the business-school expert, who searches for optimal solutions in the abstract and then presents them will all the authority of charts and computer printouts, even the most ordinary military mind can recall the existence of a maneuvering antagonists now and then, and will therefore seek robust solutions rather than "best" solutions - those, in other words, which are not optimal but can remain adequate even when the enemy reacts to outmaneuver the first approach.
Edward N. Luttwak
Each purpose, each mission, is meant to be fully lived to the point where it becomes empty, boring, and useless. Then it should be discarded. This is a sign of growth, but you may mistake it for a sign of failure. For instance, you may take on a business project, work at it for several years, and then suddenly find yourself totally disinterested. You know that if you stayed with it for another few years you would reap much greater financial reward than if you left the project now. But the project no longer calls you. You no longer feel interested in the project. You have developed skills over the last few years working on the project, but it hasn’t yet come to fruition. You may wonder, now that you have the skills, should you stick with it and bring the project to fruition, even though the work feels empty to you? Well, maybe you should stick with it. Maybe you are bailing out too soon, afraid of success or failure, or just too lazy to persevere. This is one possibility. Ask your close men friends if they feel you are simply losing steam, wimping out, or afraid to bring your project to completion. If they feel you are bailing out too soon, stick with it. However, there is also the possibility that you have completed your karma in this area. It is possible that this was one layer of purpose, which you have now fulfilled, on the way to another layer of purpose, closer to your deepest purpose. Among the signs of fulfilling or completing a layer of purpose are these: 1. You suddenly have no interest whatsoever in a project or mission that, just previously, motivated you highly. 2. You feel surprisingly free of any regrets whatsoever, for starting the project or for ending it. 3. Even though you may not have the slightest idea of what you are going to do next, you feel clear, unconfused, and, especially, unburdened. 4. You feel an increase in energy at the prospect of ceasing your involvement with the project. 5. The project seems almost silly, like collecting shoelaces or wallpapering your house with gas station receipts. Sure, you could do it, but why would you want to? If you experience these signs, it is probably time to stop working on this project. You must end your involvement impeccably, however, making sure there are no loose ends and that you do not burden anybody’s life by stopping your involvement. This might take some time, but it is important that this layer of your purpose ends cleanly and does not create any new karma, or obligation, that will burden you or others in the future. The next layer of your unfolding purpose may make itself clear immediately. More often, however, it does not. After completing one layer of purpose, you might not know what to do with your life. You know that the old project is over for you, but you are not sure of what is next. At this point, you must wait for a vision. There is no way to rush this process. You may need to get an intermediary job to hold you over until the next layer of purpose makes itself clear. Or, perhaps you have enough money to simply wait. But in any case, it is important to open yourself to a vision of what is next. You stay open to a vision of your deeper purpose by not filling your time with distractions. Don’t watch TV or play computer games. Don’t go out drinking beer with your friends every night or start dating a bunch of women. Simply wait. You may wish to go on a retreat in a remote area and be by yourself. Whatever it is you decide to do, consciously keep yourself open and available to receiving a vision of what is next. It will come.
David Deida (The Way of the Superior Man: A Spiritual Guide to Mastering the Challenges of Women, Work, and Sexual Desire)
How is money created? An example: You buy a house or take out a mortgage on the excess value of your property. You want 200,000 Dollars. The following happens. The bank’s computer adds these virtual numbers - because that is what they are - to your bank account, and then you have to bleed for the next 30 years, WITH INTEREST. The bank attached a fictional number to your name and for 30 years you need to work to pay the money back. The bank didn’t build your house, nor did it pay for the materials. That was done by people like you and me. They too have to pay, because they also have a mortgage. And when you die, your kids will have to pay taxes on your estate. Often, they have to take out a mortgage of their own to do so[74]. Another example of how banks create money out of nothing: You go to the bank to lend 1,000 Dollars. One year later, you have to pay 1,100 Dollars back, including interest. The additional 100 Dollars come from fellow citizens, for instance in the form of wages or profit sharing. In other words, the extra 100 Dollars come from society. This can only happen when the total amount of money in circulation increases. That increase – inflation – is created when the bank creates more money. In other words: “Interest payments are a direct way to create money.” All the money that exists comes from the bank. This remarkable phenomenon has been described as follows by Mr. Robert Hemphill, Credit Manager of the Federal Reserve Bank in Atlanta: “If all the bank loans were paid, there would not be a dollar in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.”[75]
Robin de Ruiter (Worldwide Evil and Misery - The Legacy of the 13 Satanic Bloodlines)
We began the show by asking: Who did more for the world, Michael Milken or Mother Teresa? This seems like a no-brainer. Milken is the greedy junk-bond king. One year, his firm paid him $550 million. Then he went to jail for breaking securities laws. Mother Teresa is the nun who spent her lifetime helping the poor and died without a penny. Her good deeds live on even after her death; several thousand sisters now continue the charities she began. At first glance, of course Mother Teresa did more for the world. But it's not so simple. Milken's selfish pursuit of profit helped a lot of people, too. Think about it: By pioneering a new way for companies to raise money, Milken created millions of jobs. The ignorant media sneered at 'junk bonds', but Milken's innovative use of them meant exciting new ideas flourished. We now make calls on a national cellular network established by a company called McCaw Cellular, which Milken financed. And our calls are cheaper because Milken's junk bonds financed MCI. CEO Bill McGowan simply couldn't get the money anywhere else. Without Milken, MCI wouldn't have grown from 11 to 50,000 employees. CNN's 24-hour news and Ted Turner's other left-wing ventures were made possible by Milken's 'junk'. The world's biggest toy company, Mattel, the cosmetics company Revlon, and the supermarket giant Safeway were among many rescued from bankruptcy by Milken's junk bonds. He financed more than 3,000 companies, including what are now Barnes & Noble, AOL Time Warner, Comcast, Mellon Bank, Occidental Petroleum, Jeep Eagle, Calvin Klein, Hasbro, Days Inn, 7-Eleven, and Computer Associates. Millions of people have productive employment today because of Michael Milken. (Millions of jobs is hard to believe, and when 'Greed' aired, I just said he created thousands of jobs; but later I met Milken, and he was annoyed with me because he claimed he'd created millions of jobs. I asked him to document that, to name the companies and the jobs, and he did.)
John Stossel (Give Me a Break: How I Exposed Hucksters, Cheats, and Scam Artists and Became the Scourge of the Liberal Media...)
The climate for relationships within an innovation group is shaped by the climate outside it. Having a negative instead of a positive culture can cost a company real money. During Seagate Technology’s troubled period in the mid-to-late 1990s, the company, a large manufacturer of disk drives for personal computers, had seven different design centers working on innovation, yet it had the lowest R&D productivity in the industry because the centers competed rather than cooperated. Attempts to bring them together merely led people to advocate for their own groups rather than find common ground. Not only did Seagate’s engineers and managers lack positive norms for group interaction, but they had the opposite in place: People who yelled in executive meetings received “Dog’s Head” awards for the worst conduct. Lack of product and process innovation was reflected in loss of market share, disgruntled customers, and declining sales. Seagate, with its dwindling PC sales and fading customer base, was threatening to become a commodity producer in a changing technology environment. Under a new CEO and COO, Steve Luczo and Bill Watkins, who operated as partners, Seagate developed new norms for how people should treat one another, starting with the executive group. Their raised consciousness led to a systemic process for forming and running “core teams” (cross-functional innovation groups), and Seagate employees were trained in common methodologies for team building, both in conventional training programs and through participation in difficult outdoor activities in New Zealand and other remote locations. To lead core teams, Seagate promoted people who were known for strong relationship skills above others with greater technical skills. Unlike the antagonistic committees convened during the years of decline, the core teams created dramatic process and product innovations that brought the company back to market leadership. The new Seagate was able to create innovations embedded in a wide range of new electronic devices, such as iPods and cell phones.
Harvard Business Publishing (HBR's 10 Must Reads on Innovation (with featured article "The Discipline of Innovation," by Peter F. Drucker))