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Owning the intellectual property is like owning land: You need to keep investing in it again and again to get a payoff you can't simply sit back and collect rent.

Esther Dyson

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Esther Dyson
Age: 73
Born: 1951
Born: July 14
Business Executive
Journalist
City of Zurich
Intellectual
Simply
Land
Payoff
Keep
Owning
Back
Rent
Collect
Need
Investing
Needs
Property
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Change means that what was before wasn't perfect. People want things to be better.
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Oh, that all the things my father had told me about how disgusting Washington is are true. And again it's the system - there are lots of nice, well-meaning people there. But it's a sleazy place. And politics is all about doing favors.
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I think we really made a mistake in separating the Internet from capitalism in a certain way that is bad for our country.
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As long as a government can come and shoot you, you can't jump on the Internet to freedom.
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The best investor is your customer.
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People have to understand that they can reject technology. They can turn off their cell phone. They can stop looking at their e-mail. It's there if they want it. It's not being forced on them.
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I've seen disgusting excess in business, and I've seen disgusting excess in Washington. But at the same time, I've certainly learned that Washington matters and that you can't ignore it, especially when you get into telecom.
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People need to understand that the technology is for them. It's not to them. It's not over them. People still sometimes want to be led a little too much.
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But there is a corollary to freedom and that's personal responsibility, and the real challenge is how you generate that personal responsibility without imposing it.
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We invented our computers in the '80s. We networked them together in the '90s. Now we're giving them eyes, ears and sensory organs. And we're asking them to observe and manipulate the world on our behalf.
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New landscape of personal media has given us a vaster wasteland of cyberspace. But, luckily for us, there's some really wonderful stuff in it. And if history is any guide, as the media matures, the quality will continue to go up.
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As an investor in small companies, I don't care how rich Microsoft is. I care about what my opportunities are.
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I think copyright is moral, proper. I think a creator has the right to control the disposition of his or her works - I actually believe that the financial issue is less important than the integrity of the work, the attribution, that kind of stuff.
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In the space of three weeks, I met a fair bunch of the guys who were just starting those little programmers' co-ops, and everybody was talking about starting businesses.
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I think that the use of copyright is going to change dramatically. Part of it is economics. There is just going to be so much content out there - there's a scarcity of attention. Information consumes attention, and there's too much information.
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From the business point of view—not to overstate it—intellectual property is dead long live intellectual process. Long live service long live performance.
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People still have a choice, but, if they find it all too confusing, or they just want someone else to make a choice for them, there's a default that works pretty well. That's this concept of libertarian paternalism. And it's handy.
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Always make new mistakes.
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I became a real free market fanatic. I'm probably less so now than even two or three years ago.
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