Ken Olsen Quotes
On almost anything someone does in the computer business, you can go back in the literature and prove someone had done it earlier.
Rifkin, Glenn, and George Harrar. The Ultimate Entrepreneur: The Story of Ken Olsen and Digital Equipment Corporation. Contemporary Books, 1988.
He observes that the richest people and businesses tend to be monopolies or dominate a market although very often the are not the best.
This quotation is important because it illustrates the important research and development role that the Government has played for the most important technological innovations of the second half of the 20th century. Even though most of the computer breakthroughs were developed by private companies, the government paid for most of the R&D and purchased the vast majority of the first computers on the market when private companies had not yet realized the value of computers and with the exception of IBM most of the private sector would invest no money in this unproven technology. This was the same as the telegraph, the railroads and others before and the Internet and more afterward.
Kenneth Harry Olsen was an American engineer who co-founded Digital Equipment Corporation (DEC) in 1957 with colleague Harlan Anderson and his brother Stan Olsen.