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Cost Quotes

“In the long run, though, the greatest IT risk facing most companies is more prosaic than a catastrophe. It is, simply, overspending. IT may be a commodity, and its costs may fall rapidly enough to ensure that any new capabilities are quickly shared, but the very fact that it is entwined with so many business functions means that it will continue to consume a large portion of corporate spending.”

“I find man utterly unaware of what his wealth is or his fundamental capability is. He says time and again, "We can't afford it." For instance, we are saying now that we can't afford to do anything about pollution but after the costs of not doing something about pollution have multiplied many fold beyond what it would cost to correct it now, we will spend many fold what it would cost us now to correct it.”

“People who underestimate their capabilities also bear costs, although, as already noted, these are more likely to take self-limiting rather than aversive forms. By failing to cultivate personal potentialities and constricting their activities, such persons cut themselves off from many rewarding experiences. Should they attempt tasks having evaluative significance, they create internal obstacles to effective performance by approaching them with unnerving self-doubts”

“A technology becomes truly disruptive when it drives the marginal cost of something that used to be scarce and expensive to approach zero. Thus, it used to be to deploy software at scale, you had to fund a data center, buy a set of servers, storage, and networking gear, build an in-house IT management capability, and buy an expensive stack of enabling software before you could even get started. Now you can get all that from Amazon or Microsoft on a pay-as-you-grow model.”

“My evaluation of President George W. Bush is nothing personal. He's a lovely person. Sadly, I believe he will be remembered for taking us into war unnecessarily at the cost of thousands of American lives, injuries to tens of thousands of our troops, and trillions of dollars to our economy - enormous costs to our reputation, and undermining the capability of our military to protect us. That, I think, will be the overwhelming issue for which his presidency will be remembered: extensive damage to our country.”

“I said in October of 2008 that there was no proof that Iraq had weapons of mass destruction or had the intention or capability of attacking the United States. Here we are. Almost 4,700 troops died, tens of thousands injured, over a million Iraqis dead. It will cost $5 trillion in the end for the war.”