Henry Paulson Quotes

Great breakthroughs are always followed by great catastrophes.

I'm sure some people will say, 'Why do this?' And my response is, 'Why wouldn't you?' The film business in general is using a model that is outdated and, worse than that, inefficient.

For any new technology there is always controversy and there always some fear associated with it. I think that's just the price of being first sometimes.

Technology makes things faster and more cost-effective, but it's not perfect. It requires you to be as flexible as you can be.

There is a danger of changing too much in the search for perfection.

There's nothing efficient about innovation.

It is the business of the future to be dangerous; and it is among the merits of science that it equips the future for its duties.

If it works, it's obsolete.

It is not the owner of stage-coaches who builds railways.

Innovation never comes from the established institutions.

We live in a dynamic time, where the rate of change and the rate of innovation are very high. It’s not equal in all segments or sectors of the economy, but we are seeing a lot of innovation in certain sectors, and I expect that to continue.

In the old days, you would chastise people for reinventing the wheel. Now we beg, 'Oh, please, please reinvent the wheel.'

Sometimes people want change just to change. It doesn't mean it's going to be better.

I just want to innovate.

To innovate does not necessarily mean to expand; very often it means to simplify.

In three years, every product my company makes will be obsolete. The only question is whether we will make them obsolete or somebody else will.

All great innovations are built on rejections.

I feel very strongly that change is good because it stirs up the system.

It is the business of the future to be dangerous.

Obsolescence is the key to innovation.

Technology is always evolving, and companies.. not just search companies.. can't be afraid to take advantage of change.

The real question is who will innovate.

At least at first, the new thing is rarely as good as the old thing was. If you need the alternative to be better than the status quo from the very start, you'll never begin.

It is the people who figure out how to work simply in the present, rather than the people who mastered the complexities of the past, who get to say what happens in the future.

No amount of artificial protection can permanently maintain an obsolete product, an inferior process or a moribund organization against competitors which are based on scientifically improved products or methods.