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What kind of a society are we going to have if it consists of highly paid people doing high-value-added work - and masses of unemployed?

Andy Grove

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Andy Grove
Age: 79 †
Born: 1936
Born: August 2
Died: 2016
Died: March 21
Businessman
Computer Scientist
Engineer
Entrepreneur
Writer
Buda Pest
Andrew Stephen Grove
Andy Grove
András István Gróf
Andras Istvan Grof
Kind
Mass
People
Value
Unemployed
Poverty
Masses
High
Added
Society
Consists
Values
Highly
Going
Capitalism
Work
Paid

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The boom was healthy too, even with its excesses. Because what this incredible valuation craze did was draw untold sums of billions of dollars into building the Internet infrastructure. The hundreds of billions of dollars that got invested in telecommunications, for example.
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Success breeds complacency. Complacency breeds failure. Only the paranoid survive.
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You have to pretend you're 100 percent sure. You have to take action you can't hesitate or hedge your bets. Anything less will condemn your efforts to failure.
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Most Americans probably aren't aware that there was a time in this country when tanks and cavalry were massed on Pennsylvania Avenue to chase away the unemployed.
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You need just the right amount of ambition . . . If you have too little ambition, you don't push or work hard. If you have too much ambition, you put yourself ahead of others, elbow them out of your way.
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By the late '90s, those who were paying attention perceived the Internet as a 20-foot tidal wave coming, and we are all in kayaks.
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Activity is not output.
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Just as you would not permit a fellow employee to steal a piece of office equipment, you shouldn't let anyone walk away with the time of his fellow managers.
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