Innovation Risks Quotes

[Black Mirror] is always about unforeseen consequences and unforeseen problems, it's not usually that someone's created a machine that they want to enslave mankind with, it's someone's invented a new kind of... paperweight that enslaves mankind.

I never saw no miracle of science that did not go from a blessing to a curse.

One has to look out for engineers - they begin with sewing machines and end up with the atomic bomb.

Young players expose themselves to grave risks when they blindly imitate the innovations of masters without themselves first checking all the details and consequences of these innovations.

The trouble is that the risks that are being hedged very well by new financial securities are financial risks. And it appears to me that the real things you want to hedge are real risks, for example, risks in innovation. The fact is that you'd like companies to be able to take bigger chances. Presumably one obstacle to successful R&D, particularly when the costs are large, are the risks involved.

It's hard to try to be a canary in the coal mine in Internet because right now we're enjoying such innovation. But at the same time, we are truly in the midst of a sea change in how controllable the technology we use day by day is, and it is getting more and more controllable by a distinct group of entities, who may have our best interests in mind, at least at consumers right now, but they can change their minds or be regulated, forced to change their minds later.

One of the rookie mistakes first-time entrepreneurs often make is to be too guarded about their idea - in fact, many will actually spend their first $25,000 on patent lawyers without ever fully vetting their product.

You look at these past predictions like there's only a market in the world for five computers [as allegedly said by IBM founder Thomas Watson] and you realize it's not a good idea to predict too far into the future.

For he who innovates will have for his enemies all those who are well off under the existing order of things, and only lukewarm supporters in those who might be better off under the new.

What I'm trying to do is to at least raise a flag to the blinding light of technology.

Technology tends to fuel the imagination. People with a technological bent can get excited by sometimes the most hazardous technologies, if they think they can harness them safely.

Technology is always a double-edged sword.

It should be borne in mind that there is nothing more difficult to arrange, more doubtful of success, and more dangerous to carry through than initiating changes. The innovator makes enemies of all those who prospered under the old order, and only lukewarm support is forthcoming from those who would prosper under the new. Their support is lukewarm ... partly because men are generally incredulous, never really trusting new things unless they have tested them by experience.