“Regular crises perpetuate the past by reinvigorating cycles which started long ago. In contrast, (capital-C) Crises are the past's death knell. They function like laboratories in which the future is incubated. They have given us agriculture and the industrial revolution, technology and the labour contract, killer germs and antibiotics. Once they strike, the past ceases to be a reliable predictor of the future and a brave new world is born.” WorldLongPastGivenBornTechnologyRevolutionFunctionCrisisBraveStrikesCeaseLabourCyclesContractsNew WorldContrastKillersLong AgoAgricultureLaboratoryGermsIndustrial RevolutionBrave New WorldAntibiotics Book:The Global Minotaur: America, Europe and the Future of the Global Economy Source: The Global Minotaur: America, Europe and the Future of the Global Economy
“A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble” YearsPastTechnologyFivePolicyFive YearsDescriptionBubblesAccurateReservesReplacedHousingOver The PastMonetaryFederal ReserveMonetary PolicyHousing Bubble Author:Paul Krugman
“The dreams of the past - whether it was public TV being rolled into the classroom to teach Spanish, or the film projectors or the videotapes or the computer-aided instruction drill systems - the hopes have been dashed in terms of technology having some big impact. The foundation, I think can play a unique role there. Now, our money is more to the teacher-effectiveness thing, and technology is No. 2, but I'll probably spend more money on the technology things.” ThinkingHas BeensPlayDreamBigsPastFilmTermRolesTeachTechnologyTeacherTvsComputerUniqueFoundationImpactInstructionClassroomMore MoneyEffectivenessDrillsBig ImpactProjectors Author:Bill Gates
“A photograph is a universe of dots. The grain, the halide, the little silver things clumped in the emulsion. Once you get inside a dot, you gain access to hidden information, you slide into the smallest event. This is what technology does. It peels back the shadows and redeems the dazed and rumbling past. It makes reality come true.” LittlesDoeRealityPastUniverseTechnologyEventsInformationPhotographyShadowGainsPhotographAccessSilverGrainSmallestSlidesDotsDazed Book:Underworld: A Novel Source: Underworld: A Novel
“Surveying the way viruses have been discovered in the past, I came to the conclusion that I could use my technology that I developed as a graduate student - DNA microarray technology - to create a chip that would simultaneously screen for all viruses ever discovered, and furthermore have the built-in capability of discovering new viruses.” WayHas BeensUsePastTechnologyStudentsBuiltScreensConclusionCapabilityGraduatesDiscoveringDnaChipsVirusesGraduate Students Author:Joseph DeRisi