Fraudulent Money Quotes

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In this sense, littering is an exceedingly petty version of claiming a billion-dollar bank bailout or fraudulently claiming disability payments. When you throw trash on the ground, you apparently don’t see yourself as truly belonging to the world that you’re walking around in. And when you fraudulently claim money from the government, you are ultimately stealing from your friends, family, and neighbors—or somebody else’s friends, family, and neighbors. That diminishes you morally far more than it diminishes your country financially.
Sebastian Junger (Tribe: On Homecoming and Belonging)
Do you know what broccoli is like to your body? It is like a hundred-dollar bill. When you eat it, you are paying yourself with health. Do you know what a cookie is like? It is Monopoly money! You’re giving your body fraudulent currency.
Alissa Nutting (Made for Love)
We all chase the dream, but when taken to excess by individuals or in crowds, the chasing of dreams becomes madness. And chasing the dream with other people’s money is at best irresponsible and often fraudulent.
John Kay (Other People's Money: The Real Business of Finance)
Listen very carefully. Because I'm only going to lay this out for you once. I'm no longer the easy prey I once was and if you go up against me I will make sure you end up behind bars. You've fraudulently pocketed the money from the video. Our lawyers already have a criminal suit against you ready to go. Unless you're particularly keen on jail, you will leave my family alone, and you will withdraw the video and return all that money to the people you stole it from." Julia opened her mouth, but Trisha held up her hand and she closed it. "And if you do one thing to harm DJ"- because suddenly Trisha was sure Julia had something on DJ; her nineties-Bollywood-plot theory didn't seem so farfetched- "I will make sure that every one of the families you've preyed on to make money off their tragedies gets together and sues your ass until every penny you've ever leeched is gone. Now get out of my office. Get out of my building- which by the way is private property. Soliciting business here is illegal. So the next time you think of setting foot here, know that I will have security throw you out on your cowardly, pathetic ass.
Sonali Dev (Pride, Prejudice, and Other Flavors (The Rajes, #1))
You know what bothered me about it? Everyone was supposedly committed to the pursuit of truth and beauty, or at least one of those things, but no one was actually doing anything about it, and it seemed all wrong to me. The inertia, I mean. The inertia made everything seem fraudulent. There we were, talking about art, but no one was doing anything except Lilia. She was taking pictures. She spoke four languages.” “Five.” “You’re counting Russian? Anyway, what I’m saying is that no one was doing anything important except her. She worked as a dishwasher, she lived cheaply, she took beautiful pictures and translated things. She never made any money off it, it was just something she did. The point is, she never talked about it. She never seemed like she was posing. She never theorized or deconstructed. She just practiced her art, practiced it instead of analyzing it to death, and it rendered the rest of us fraudulent. There aren’t many people in the world . . .” He stopped talking and shook his head. He didn’t trust himself to continue.
Emily St. John Mandel
If government is truly limited to being small and nearly irrelevant, there will be no incentive to “own” government. For this change to occur, the following will be required: a philosophical rejection of government waging war without consent, running people’s lives, and violating social or economic liberty; nullification of laws by public pressure or by state action; legalization of private alternatives to all government programs; prohibition of fraudulent money, private and government; peaceful civil disobedience; acceptance of responsibility to care for oneself and one’s family instead of relying on government or private theft; refusal to participate in government crimes through the military and tax system with full realization of the risks of practicing civil disobedience since government will not go away quietly; jury nullification of bad laws, especially with regard to taxes, drugs, and overregulation of social and voluntary activities; and acceptance that, while sins and vices may be a negative, they aren’t in themselves crimes and are not to be restricted by the state.
Ron Paul (Swords into Plowshares: A Life in Wartime and a Future of Peace and Prosperity)
She worked as a dishwasher, she lived cheaply, she took beautiful pictures and translated things. She never made any money off it, it was just something she did. The point is, she never talked about it. She never seemed like she was posing. She never theorized or deconstructed. She just practised her art, practised it instead of analyzing it to death, and it rendered the rest of us fraudulent. There aren’t many people in the world…
Emily St. John Mandel (Last Night in Montreal)
Can you think of another business in the world that would continue to exist as a going concern even after it had been proven definitively—as John Bogle of Vanguard proved about the financial industry—that most of its products are vastly inferior to other, cheaper alternatives like index funds? I can’t. How about a business whose most prestigious firms have been caught defrauding their own customers not once, but over and over again? In the normal corporate world, would such a business not only continue to operate, but actually make more and more money every year? Of course not. It would be long dead by now. And yet deceiving its clients and foisting inferior and even fraudulent products on them is exactly how Wall Street stays in business!
Scott Fearon (Dead Companies Walking: How A Hedge Fund Manager Finds Opportunity in Unexpected Places)
The flood of money from Amway’s founders failed, though, to quash an investigation by the Canadian government into a tax-fraud scheme in which both DeVos and Van Andel were criminally charged in 1982. The scandal exploded when Kitty McKinsey and Paul Magnusson, then reporters for the Detroit Free Press, shocked readers accustomed to DeVos and Van Andel’s professions of patriotism and religiosity with an exposé tracing an elaborate, thirteen-year-long tax scam directly to the bosses’ offices. At its highest levels, they revealed, Amway had secretly authorized a scheme creating dummy invoices to deceive Canadian customs officials into accepting falsely low valuations on products the company imported into Canada. Amway had thus fraudulently lowered its tax bills by $26.4 million from 1965 until 1978. Amway
Jane Mayer (Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right)
This fundamental lack of connectedness allows people to act in trivial but incredibly selfish ways. Rachel Yehuda pointed to littering as the perfect example of an everyday symbol of disunity in society. “It’s a horrible thing to see because it sort of encapsulates this idea that you’re in it alone, that there isn’t a shared ethos of trying to protect something shared,” she told me. “It’s the embodiment of every man for himself. It’s the opposite of the military.” In this sense, littering is an exceedingly petty version of claiming a billion-dollar bank bailout or fraudulently claiming disability payments. When you throw trash on the ground, you apparently don’t see yourself as truly belonging to the world that you’re walking around in. And when you fraudulently claim money from the government, you are ultimately stealing from your friends, family, and neighbors—or somebody else’s friends, family, and neighbors. That diminishes you morally far more than it diminishes your country financially.
Sebastian Junger (Tribe: On Homecoming and Belonging)
With regard to the price then of the men themselves, it is obvious that the public treasury is in a better position to provide funds than any private individuals. What can be easier than for the Council to invite by public proclamation all whom it may concern to bring their slaves, and to buy up those produced? Assuming the purchase to be effected, is it credible that people will hesitate to hire from the state rather than from the private owner, and actually on the same terms? People have at all events no hesitation at present in hiring consecrated grounds, sacred victims, houses, etc., or in purchasing the right of farming taxes from the state. To ensure the preservation of the purchased property, the treasury can take the same securities precisely from the lessee as it does from those who purchase the right of farming its taxes. Indeed, fraudulent dealing is easier on the part of the man who has purchased such a right than of the man who hires slaves. Since it is not easy to see how the exportation of public money is to be detected, when it differs in no way from private money. Whereas it will take a clever thief to make off with these slaves, marked as they will be with the public stamp, and in face of a heavy penalty attached at once to the sale and exportation of them. Up to this point then it would appear feasible enough for the state to acquire property in men and to keep a safe watch over them.
Xenophon (On Revenues)
Gabriel Simeon: “Our life is very short; beauty is a cozenage; money is false and fugitive; empire is adious, and hated by them that have it not, and uneasy to them that have; victory is always uncertain, and peace, most commonly, is but a fraudulent bargain; old age is miserable, death is the period, and is a happy one, if it be not sorrowed by the sins of our life: but nothing continues but the effects of that wisdom which employs the present time in the acts of a holy religion and a peaceable conscience.” For they make us to live even beyond our funerals, embalmed in the spices and odours of a good name, and entombed in the grave of the holy Jesus, where we shall be dressed for a blessed resurrection to the state of angels and beatified spirits.
Jeremy Taylor (Holy Living and Dying)
On one occasion, when in New York City, I was in the night season called upon to behold buildings rising story after story toward heaven. These buildings were warranted to be fireproof, and they were erected to glorify their owners and builders. Higher and still higher these buildings rose, and in them the most costly material was used. Those to whom these buildings belonged were not asking themselves: "How can we best glorify God?" The Lord was not in their thoughts. {9T 12.1} I thought: "Oh, that those who are thus investing their means could see their course as God sees it! They are piling up magnificent buildings, but how foolish in the sight of the Ruler of the universe is their planning and devising. They are not studying with all the powers of heart and mind how they may glorify God. They have lost sight of this, the first duty of man." {9T 12.2} As these lofty buildings went up, the owners rejoiced with ambitious pride that they had money to use in gratifying self and provoking the envy of their neighbors. Much of the money that they thus invested had been obtained through exaction, through grinding down the poor. They forgot that in heaven an account of every business transaction is kept; every unjust deal, every fraudulent act, is there recorded. The time is coming when in their fraud and insolence men will reach a point that the Lord will not permit them to pass, and they will learn that there is a limit to the forbearance of Jehovah. {9T 12.3} The scene that next passed before me was an alarm of fire. Men looked at the lofty and supposedly fire-proof buildings and said: "They are perfectly safe." But these buildings were consumed as if made of pitch. The fire engines could do nothing to stay the destruction. The firemen were unable to operate the engines. {9T 13.1}
Ellen Gould White (The Spirit of Prophecy Publication Library (53 books))
Today fraudulent research and corruption are sadly becoming more commonplace. The case of Poul Thorsen, for example, stands out in terms of shameless audacity—stealing grant money meant for autism research.
James Ottar Grundvig (Master Manipulator: The Explosive True Story of Fraud, Embezzlement, and Government Betrayal at the CDC)
The evangelists for bitcoin, the much-hyped digital currency that is a strange mixture of the visionary and the fraudulent—are, in a sense, not imaginative enough. They are simply trying to reproduce in the electronic world a commodity—currency—that has long existed in the material world. The larger question is whether currency as we have known it is any longer necessary at all. I once joked with beginning students that money existed because when a pipe burst it took too long to find a plumber in need of economics lectures—but today it is possible to locate that plumber. It
John Kay (Other People's Money: The Real Business of Finance)
The upshot was that by the end of the 1970s conservative nonprofits had achieved power that was almost unthinkable when the League to Save Carthage first formed. Enormously wealthy right-wing donors had transformed themselves from the ridiculed, self-serving “economic royalists” of FDR’s day into the respected “other side” of a two-sided debate. The new, hyper-partisan think tanks had impact far beyond Washington. They introduced doubt into areas of settled academic and scientific scholarship, undermined genuinely unbiased experts, and gave politicians a menu of conflicting statistics and arguments from which to choose. The benefit was a far more pluralistic intellectual climate, beyond liberal orthodoxy. The hazard, however, was that partisan shills would create “balance” based on fraudulent research and deceive the public about pressing issues in which their sponsors had financial interests.
Jane Mayer (Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right)
The public figures whom led a King's life on people's feet and their money are regarded as the 'Mother' and 'Father' of Tamil Nadu, whereas the public who raised on their own foot and their earnings are regarded as the fraudulent, red alert, it's the lockdown time
P.S. Jagadeesh Kumar
An Internet company decides to revolutionize an industry—personal transportation, the taxi and limousine market—that defines old-school business-government cooperation, with all the attendant bureaucracy and incompetence and unsatisfying service. It sells itself to investors with the promise that it can buy its way to market dominance in this sclerotic field and use its cutting-edge tech to slash through red tape and find unglimpsed efficiencies. On the basis of that promise, it raises billions upon billions of dollars across its ten-year rise, during which time it becomes as big as promised in Western markets, a byword for Internet-era success, cited by boosters and competitors alike as the model for how to disrupt an industry, how to “move fast and break things” as the Silicon Valley mantra has it. By the time it goes public in 2019, it has $11 billion in annual revenue—real money, exchanged for real services, nothing fraudulent about it. Yet this amazing success story isn’t actually making any sort of profit, even at such scale; instead, it’s losing billions upon billions of dollars, including $5 billion in one particuarly costly quarter. After ten years of growth, it has smashed the old business model of its industry, weakened legacy competitors, created a great deal of value for consumers—but it has done all this without any discipline from market forces, using the awesome power of free money to build a company that would collapse into bankruptcy if that money were withdrawn. And in that time, it has solved exactly none of the problems that would have prevented a company that needed to make a profit from building such a large user base: it has no obvious competitive advantages besides the huge investor subsidy; the technology it uses is hardly proprietary or complex; its rival in disruption controls 30 percent of the market, even as the legacy players are still very much alive; and
Ross Douthat (The Decadent Society: How We Became the Victims of Our Own Success)
Despite so much scamming, Philippe Nazet does not even make money. Does that make him a bad scammer? If maman Vicki Arygri was not there, he would be homeless.
Philippe Nazet
Why is it that some bright students choose to cheat? Why do some otherwise upstanding citizens chisel on their income tax returns? Why do some physically-fit, talented athletes inject themselves with performance-enhancing drugs? How can some folks who profess to be religious look you in the eye and tell you a lie? How is it that some law-abiding people cheat on their spouses? Why do some super-wealthy corporate executives line their already bulging wallets through fraudulent methods? And, while we are figuring out life’s mysteries, why is it that some of the richest people seem to have the hardest time parting with money for those in need?
Jon M. Huntsman Sr. (Winners Never Cheat: Even in Difficult Times)
Srivastava first found the fraud committed by Shumana Sen by illegally granting a reimbursement of Rs.1.46 crores ($325,000[11]) to NDTV by fudging the accounts and Tax Returns of NDTV. He then found a series of favors she received from NDTV for hushing up fudging in accounts by the TV channel, which employed her husband at an exorbitant salary of more than Rs.15 lakhs per annum in 2005, while most of the prominent journalists were getting around half of that. Many favors were granted to Shumana Sen including all expenses paid foreign vacations with entire family [affidavit of Ms. Shumana Sen and her partner-in-fraud Ashima Neb before Delhi High Court, Writ Petition (C) No.1373 of 2011 titled as “Shumana Sen and Anr. Vs. S K Srivastava and Ors.”, para 3.43]. Srivastava also found that Ashima Neb was part of this racket and had actively colluded and conspired with Shumana Sen and Abhisar Sharma in facilitating NDTV frauds and had shared the spoils of the grand fraudulent exercise for laundering the illegal black money of NDTV through evasion of Income Tax.
Sree Iyer (NDTV Frauds V2.0 - The Real Culprit: A completely revamped version that shows the extent to which NDTV and a Cabal will stoop to hide a saga of Money Laundering, Tax Evasion and Stock Manipulation.)
In 2009, an American soldier named Bowe Bergdahl slipped through a gap in the concertina wire at his combat outpost in southern Afghanistan and walked off into the night. He was quickly captured by a Taliban patrol, and his absence triggered a massive search by the US military that put thousands of his fellow soldiers at risk. The level of betrayal felt by soldiers was so extreme that many called for Bergdahl to be tried for treason when he was repatriated five years later. Technically his crime was not treason, so the US military charged him with desertion of his post—a violation that still carries a maximum penalty of death. The collective outrage at Sergeant Bergdahl was based on very limited knowledge but provides a perfect example of the kind of tribal ethos that every group—or country—deploys in order to remain unified and committed to itself. If anything, though, the outrage in the United States may not be broad enough. Bergdahl put a huge number of people at risk and may have caused the deaths of up to six soldiers. But in purely objective terms, he caused his country far less harm than the financial collapse of 2008, when bankers gambled trillions of dollars of taxpayer money on blatantly fraudulent mortgages. These crimes were committed while hundreds of thousands of Americans were fighting and dying in wars overseas. Almost 9 million people lost their jobs during the financial crisis, 5 million families lost their homes, and the unemployment rate doubled to around 10 percent. For nearly a century, the national suicide rate has almost exactly mirrored the unemployment rate, and after the financial collapse, America’s suicide rate increased by nearly 5 percent. In an article published in 2012 in The Lancet, epidemiologists who study suicide estimated that the recession cost almost 5,000 additional American lives during the first two years—disproportionately among middle-aged white men. That is close to the nation’s losses in the Iraq and Afghan wars combined. If Sergeant Bergdahl betrayed his country—and that’s not a hard case to make—surely the bankers and traders who caused the financial collapse did as well. And yet they didn’t provoke nearly the kind of outcry that Bergdahl did. Not a single high-level CEO has even been charged in connection with the financial collapse, much less been convicted and sent to prison, and most of them went on to receive huge year-end bonuses. Joseph Cassano of AIG Financial Products—known as “Mr. Credit-Default Swap”—led a unit that required a $99 billion bailout while simultaneously distributing $1.5 billion in year-end bonuses to his employees—including $34 million to himself. Robert Rubin of Citibank received a $10 million bonus in 2008 while serving on the board of directors of a company that required $63 billion in federal funds to keep from failing. Lower down the pay scale, more than 5,000 Wall Street traders received bonuses of $1 million or more despite working for nine of the financial firms that received the most bailout money from the US goverment.
Sebastian Junger (Tribe: On Homecoming and Belonging)
Tax-Evasion of Rs.200 crores by fraudulently claiming that signals beamed by NDTV in Delhi to Hong Kong (STAR TV) by NDTV was export and claim tax benefits on that when no goods was taken away from India to a place outside India and nothing crossed Custom barrier of India; by bribing corrupt IRS officer Shumana Sen, in a quid pro quo, and who was given an “all-expenses paid free yearly vacation abroad with her entire family” which cost about Rs.1 crore for each of such several trips abroad.
Sree Iyer (NDTV Frauds V2.0 - The Real Culprit: A completely revamped version that shows the extent to which NDTV and a Cabal will stoop to hide a saga of Money Laundering, Tax Evasion and Stock Manipulation.)
Cheating the public sector broadcaster “Doordarshan” of crores of rupees by fraudulently arranging the post retirement employment to the corrupt Director General of Doordarshan Rathikant Basu,
Sree Iyer (NDTV Frauds V2.0 - The Real Culprit: A completely revamped version that shows the extent to which NDTV and a Cabal will stoop to hide a saga of Money Laundering, Tax Evasion and Stock Manipulation.)
Paying a bribe to Shumana Sen in 2005 for a luxury 3-bedroom Flat in the up-market Sector 50 of NOIDA, U.P. costing Rs.7.5 million (75 lakhs). This flat, (No. B 602, the Crescent, Sector 50, NOIDA, U.P.) was fraudulently registered in 2011 in the name of her spouse Abhisar Sharma.
Sree Iyer (NDTV Frauds V2.0 - The Real Culprit: A completely revamped version that shows the extent to which NDTV and a Cabal will stoop to hide a saga of Money Laundering, Tax Evasion and Stock Manipulation.)
Con artists know all about dissonance and self-justification. They know that when people who think of themselves as smart and capable are faced with the evidence that they spent thousands of dollars on a magazine-subscription scam (yes, those still exist) or were lured into a romance with a fraudulent but seductive online Romeo (or Juliet), few will reduce dissonance by deciding they aren’t smart and capable. Instead, many will justify spending that money by spending even more money to recoup their sunk costs—their losses. This way of resolving dissonance protects their self-esteem but virtually guarantees their further victimization
Carol Tavris (Mistakes Were Made (But Not by Me): Why We Justify Foolish Beliefs, Bad Decisions, and Hurtful Acts)
Even PayPal’s millions of dollars in bad transactions could be justified for the extensive data set they generated. “Losing a lot of money to fraud was a necessary byproduct in gathering the data needed to understand the problem and build good predictive models,” Greenfield later wrote on a personal blog. “With millions of transactions and tens of thousands of fraudulent transactions, our fraud analytics team could find subtler patterns and detect fraud more accurately.” Taken together, PayPal turned fraud from an existential threat to one of the company’s defining triumphs. It also had the unexpected benefit of thinning out the competition. “As the Russian mobsters got better and better,” Thiel said, “they got better and better at destroying all our competitors.” Thieves forced to work ever harder to fleece PayPal customers moved on to easier prey. “We’d also find that fraudsters were kind of lazy, right? They want to do just the least amount of work… So we just kind of hoped to push them off onto [our competitors],” Miller observed.
Jimmy Soni (The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley)
There is a fraud going on in the airlines regarding bumping passengers from their flights. A passenger that is bumped from their flight is entitled to compensation. If the airline documents that bumping as a ‘No Show’, the passenger is not entitled to compensation. Incorrectly recording passengers as ‘No Show’ saves the airline money and keeps its bumping numbers artificially low.
Steven Magee
So, the world was not filled only with con men, cheats and bastards. And his recent encounters had taught him that there was something much more valuable than fraudulently taking money from people: giving away that money, and spreading goodness all around. Had he heard this from someone else, he would have found it fake and sugarcoated, sickeningly sentimental, ridiculously utopian. But it was so true. He
Romain Puértolas (The Extraordinary Journey of the Fakir Who Got Trapped in an Ikea Wardrobe: A novel)
Online advertising is increasingly ignored—or actively resisted—by the public at large. Second, the “attention” that ads do receive is increasingly garbage—the product of a massive, fraudulent economy designed to extract money from advertisers.
Tim Hwang (Subprime Attention Crisis: Advertising and the Time Bomb at the Heart of the Internet (FSG Originals x Logic))
industrialized mining operations might one day afford a nefarious actor the power to create a fork intentionally by seizing majority control of the total hashing power. That’s come to be known as a 51 percent attack. Nakamoto’s original paper stated that the bitcoin mining network could be guaranteed to treat everyone’s transactions fairly and honestly so long as no single miner or mining group owned more than 50 percent of the hashing power. If malevolent actors secretly created an alternate chain of fraudulent transactions to spend bitcoins they didn’t own, their efforts to have those transactions confirmed would fail if they didn’t have majority hashing power.
Paul Vigna (The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order)
What the culture of get rich quick does to our people is Fraudulent money schemes are prevalent in the society
Sunday Adelaja
Amway had secretly authorized a scheme creating dummy invoices to deceive Canadian customs officials into accepting falsely low valuations on products the company imported into Canada. Amway had thus fraudulently lowered its tax bills by $26.4 million from 1965 until 1978.
Jane Mayer (Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right)
In any event, our governing paradigms, rooted in separation and scarcity, are constitutionally unable to encompass free-energy technologies, which are dismissed as impossible, fraudulent, or fantastical.
Charles Eisenstein (Sacred Economics: Money, Gift, and Society in the Age of Transition)
While browsing through Instagram, I came across a post from one of my friends talking about their successful bitcoin investment and the substantial profits they had earned. Intrigued by their claims,I decided to visit the website mentioned in the post. After creating an account, I reached out to the support chat and was provided with a WhatsApp contact for further assistance.I connected with a person on WhatsApp who instructed me to install the MetaMask app and informed me that they would be the recipient of my money transfers. I was asked to make four bank transfers, totaling £148,000. Throughout this process, I believed that my friend, whose post had initially caught my attention, was also aware of the investment opportunity. However, I later discovered that his account had been hacked, and the hacker was using his page to promote false information about the company, leading me to believe it was legitimate.After noticing the scam, I sought help from Leeultimatehacker@aol.com, as I was unable to withdraw my funds from the website. They exposed the entire operation and successfully shut down the fraudulent website while recovering my funds. I am writing this with immense joy and gratitude for the exceptional assistance provided by LEE ULTIMATE HACKER throughout the recovery process. If you find yourself in a similar situation, I urge you to take the necessary steps and reach out to them today.
adalynn nora
Software,” as the venture capitalist Marc Andreessen has proclaimed, “is eating the world.” It’s true. You use software nearly every instant you’re awake. There’s the obvious stuff, like your phone, your laptop, email and social networking and video games and Netflix, the way you order taxis and food. But there’s also less-obvious software lurking all around you. Nearly any paper book or pamphlet you touch was designed using software; code inside your car helps manage the braking system; “machine-learning” algorithms at your bank scrutinize your purchasing activity to help spy the moment when a criminal dupes your card and starts fraudulently buying things using your money. And this may sound weirdly obvious, but every single one of those pieces of software was written by a programmer—someone precisely like Ruchi Sanghvi or Mark Zuckerberg. Odds are high the person who originally thought of the product was a coder: Programmers spend their days trying to get computers to do new things, so they’re often very good at understanding the crazy what-ifs that computers make possible. (What if you had a computer take every word you typed and, quietly and constantly and automatically in the background, checked it against a dictionary of common English words? Hello, spell-check!) Sometimes it seems that the software we use just sort of sprang into existence, like grass growing on the lawn. But it didn’t. It was created by someone who wrote out—in code—a long, painstaking set of instructions telling the computer precisely what to do, step-by-step, to get a job done. There’s a sort of priestly class mystery cultivated around the word algorithm, but all they consist of are instructions: Do this, then do this, then do this. News Feed is now an extraordinarily complicated algorithm involving some trained machine learning; but it’s ultimately still just a list of rules. So the rule makers have power. Indeed, these days, the founders of high-tech companies—the ones who determine what products get created, what problems get solved, and what constitutes a “problem” in the first place—are increasingly technologists, the folks who cut their teeth writing endless lines of code and who cobbled together the prototype for their new firm themselves. Programmers are thus among the most quietly influential people on the planet.
Clive Thompson (Coders: The Making of a New Tribe and the Remaking of the World)