Quote

Technological innovation has dramatically lowered the cost of computing, making it possible for large numbers of consumers to own powerful new technologies at reasonably low prices.

James Surowiecki

Change background

T
T
T

Change font

TAGS & TOPICS

James Surowiecki
Age: 57
Born: 1967
Born: April 30
Journalist
Writer
Meriden
Connecticut
James Michael Surowiecki
Lows
Computing
Large
Reasonably
Cost
Dramatically
Numbers
Technologies
Technology
Prices
Possible
Technological
Powerful
Consumers
Making
Innovation
Lowered

More quotes by James Surowiecki

Image
If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.
James Surowiecki
Image
Meeting external deadlines is much harder than meeting internal ones. On the other hand, internal deadlines sometimes don't feel real, and are therefore easy to evade.
James Surowiecki
Image
Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.
James Surowiecki
Image
In the struggle between capital and labor, more often than not capital has won, because the real source of value for most companies has historically been the hard assets that they owned and controlled.
James Surowiecki
Image
Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out of control, you end up with higher interest rates and capital flight, and a vicious circle quickly ensues.
James Surowiecki
Image
If small groups are included in the decision-making process, then they should be allowed to make decisions. If an organization sets up teams and then uses them for purely advisory purposes, it loses the true advantage that a team has: namely, collective wisdom.
James Surowiecki
Image
The profit motive, indecorous though it may seem, may represent the best chance the poor have to reap some of globalization's benefits.
James Surowiecki
Image
As technology improves, on-screen avatars look more and more like real people. When they start looking too real, though, we pull away. These almost-humans aren't quite right they look creepy, like zombies.
James Surowiecki
Image
Lower oil prices won't, by themselves, topple the mullahs in Iran. But it's significant that, historically, when oil prices have been low, Iranian reformers have been ascendant and radicals relatively subdued, and vice versa when prices have been high.
James Surowiecki
Image
The ban on sports betting does exactly what Prohibition did. It makes criminals rich.
James Surowiecki
Image
Of course, presidents are always blamed or rewarded for the state of the economy.
James Surowiecki
Image
Politically speaking, it's always easier to shell out money for a disaster that has already happened, with clearly identifiable victims, than to invest money in protecting against something that may or may not happen in the future.
James Surowiecki
Image
Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromise.
James Surowiecki
Image
In confusing stock options with ownership, corporations confuse trappings with substance.
James Surowiecki
Image
Corporate welfare isn't necessarily a bad thing.
James Surowiecki
Image
One of the problems that exacerbates procrastination is the feeling that you have lots of different things to do and no clear sense of which matter more, when they should be done, etc.
James Surowiecki
Image
Academics, who work for long periods in a self-directed fashion, may be especially prone to putting things off: surveys suggest that the vast majority of college students procrastinate, and articles in the literature of procrastination often allude to the author's own problems with finishing the piece.
James Surowiecki
Image
To be sure, if you watch CNBC all day long you'll pick up some interesting news about particular companies and the economy as a whole. Unfortunately, to get to the useful information, you have to wade through reams of useless stuff, with little guidance on how to distinguish between the two.
James Surowiecki
Image
Moviegoers love the intricacies of a crime all the more when it's for a good cause.
James Surowiecki
Image
Campaigns fail if they waste resources courting voters who are unpersuadable or already persuaded. Their most urgent task is to find and persuade the few voters who are genuinely undecided and the larger number who are favorably disposed but need a push to actually vote.
James Surowiecki