Ronald Coase Quotes

The rate of change is not going to slow down anytime soon. If anything, competition in most industries will probably speed up even more in the next few decades.

The iPhone is made on a global scale, and it blends computers, the Internet, communications, and artificial intelligence in one blockbuster, game-changing innovation. It reflects so many of the things that our contemporary world is good at - indeed, great at.

Well all the big companies are really panicked by the internet thing and all that, and sales went down, although sales have gone up again in this country a bit and also the big companies, because they're so big, they need big sales really so they're not really interested.

No one has ever been able to stop the process and evolution of technology, not even I.B.M. That is going to continue. Those who grab it and move ahead with it will determine the future in this industry.

Because I do think - not just in building AOL - but just the world in which we live is a very confusing, rapidly changing world where technology has accelerated.

When you're the first guy to put out the piece of silicon that's half as expensive or twice as powerful, you bring a capability to the market that nobody else does - or can.

We're still in the first minutes of the first day of the Internet revolution.

Good intentions can often lead to unintended consequences. It is hard to imagine a law intended for the workforce known to Henry Ford can serve the needs of a workplace shaped by the innovations of Bill Gates.

There are three types of innovations that affect jobs and capital: empowering innovations, sustaining innovations and efficiency innovations.

Regardless of how it is funded, consumption does not increase productivity; investment and innovation do.

As companies become bigger, the global environment more competitive, and the rate of disruptive technological innovation ever faster, the value to shareholders of attracting the best possible CEO increases correspondingly.

It would be idiotic to position ourselves against Silicon Valley.

Technology's always taken jobs out of the system, and what you hope is that technology's going to put those jobs back in, too. That's what we call productivity.

Technological change always accelerates. It never stagnates over time. Which means we are going to face the fact that, if nothing in the States changes, we will find ourselves dependent on other countries for almost everything that can and will be manufactured in a quickly approaching future.

While the digital transformation of industries will be profound, we must keep in mind that it will have wider economic and social impact, too, as with previous revolutions driven by steam and coal, electricity and computers.

The mechanical loom and the calculator have shown us that technology is both disruptive and filled with opportunities. But it would be hard to find a decent argument that we would have been better off without these inventions.

As a factual matter, as in countries all over the world, technology and business practices have been running faster than legal responses and developments.

This is a very exciting time in the world of information. It's not just that the personal computer has come along as a great tool. The whole pace of business is moving faster. Globalization is forcing companies to do things in new ways.

The world has arrived at an age of cheap complex devices of great reliability, and something is bound to come of it.

I existed before Star Trek. I started in live television. I was there when the cameras were as big as a table, had internal fans that were whirring and tubes that, because of the heat, had to come right up to our face for a close-up. Now, we are talking about green screen and putting us in locations that we'll never visit. What has happened to us is a miracle, and the miracle is our inventiveness. The tragedy of our lives is also our inventiveness.

A hundred years ago, the electric telegraph made possible-indeed, inevitable-the United States of America. The communications satellite will make equally inevitable a United Nations of Earth; let us hope that the transition period will not be equally bloody.

I'm in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it's an incredibly important variable for creating more prosperity.

In fact, technology in, and of, itself does not cause particular kinds of change. It is, essentially, an enabling or facilitating agent. It makes possible new structures, new organizational and geographical arrangements of economic activities, new products and new processes, while not making particular, outcomes inevitable.

In a world where routine production is footloose...competitive advantage lies not in one-time breakthroughs but in continual improvements. Stable technologies get away.

When you innovate, the jobs can't go overseas because other countries haven't figured out how to do it yet.