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Innovation Quotes

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Innovation Quotes

“Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature.”

“We would solve a lot of huge problems that are causing massive suffering. Poverty, violence, homophobia, heterosexism, racism, the environment - all these things that are crippling us. We need big, bold, dangerous, crazy ideas to solve these problems. When failure is not an option, innovation and creativity are not options.”

“"Hypercoherence" is one of the most dangerous threats to the long-term survival of our civilization. Hypercoherence is the close efficient linkage of all parts of the world economic, communication and transport systems. It has been crucial in the spread of great innovations, the rise of world wealth, and even the dissemination of democratic concepts and ethical values and the defeat of oppressive regimes.”

“An idea that is not dangerous is unworthy of being called an idea at all.”