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Industry Quotes

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Industry Quotes

“Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal." Even more unfortunately, the industries that are favored by such expansion must, to maintain their output, be devoted to goods that are readily consumable either by their nature, or because they are so shoddily fabricated that they must soon be replaced. By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.”

“The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.”

“Fred Wilson is a legendary VC and the Managing Partner of Union Square Ventures in New York City. At AVC, he writes one of the most popular startup blogs and covers issues from negotiation to hiring to fundraising. He's a machine for dispensing helpful advice and insightful commentary for those in our industry.”

“casino owners spoke more loudly than any of the other kings of industry to defend their contribution to society. They could speak more loudly because theirs was the purest activity of civilized man. They had transcended the need for a product. They could maintain and advance life with machines that made nothing but money.”

“An unfolding technology has increased our economic strength and added to the convenience of our lives. But that same technology-we know now-carries danger with it. From the great smoke stacks of industry and from the exhausts of motors and machines, 130 million tons of soot, carbon and grime settle over the people and shroud the Nation's cities each year. From towns, factories, and stockyards, wastes pollute our rivers and streams, endangering the waters we drink and use.”

“This is an especially good time for you vacationers who plan to fly, because the Reagan administration, as part of the same policy under which it recently sold Yellowstone National Park to Wayne Newton, has "deregulated" the airline industry. What this means for you, the consumer, is that the airlines are no longer required to follow any rules whatsoever. They can show snuff movies. They can charge for oxygen. They can hire pilots right out of Vending Machine Refill Person School.”

“In order to write about the machine you have to know it, to live with it, to love it (or hate it). I think that true writing could be done on industrial subjects by people who work in industry, who are firmly linked with it. But ... and here is the opposite 'but', the technology of literary craftsmanship is itself a very fine and complex matter. Qualified specialists from industry prove themselves dilettantes in the field of literature. The needed synthesis is not yet in sight.”

“As musicians and artists, it's important we have an environment - and I guess when I say environment, I really mean the industry, that really nurtures these gifts. Oftentimes, the machine can overlook the need to take care of the people who produce the sounds that have a lot to do with the health and well-being of society.”

“It is a truism that the structure of a society is basically determined by its technology. Not in an absolute sense-there may be totally different cultures using identical tools-but the tools settle the possibilities; you can't have interstellar trade without spaceships. A race limited to a single planet, possessing a high knowledge of mechanics but with its basic machines of industry and war requiring a large capital investment, will inevitably tend toward collectivism under one name or another. Free enterprise needs elbow room.”

“The key question facing those of us working in the media (old and new) is whether we embrace and adapt to the radical changes brought about by the Internet or pretend that we can somehow hop into a journalistic Way Back Machine and return to a past that no longer exists and can't be resurrected. There is no question that, as the industry moves forward and we figure out the new rules of the road, there will be - and needs to be - a great deal of experimentation with new revenue models.”