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Big companies are looking closer term, and even the most technological companies spend less than 1% of sales on research. Startups have suffered the burst bubble.
Nicholas Negroponte
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Nicholas Negroponte
Age: 80
Born: 1943
Born: December 1
Architect
Author
Computer Scientist
Investor
University Teacher
Writer
New York City
New York
Research
Burst
Spend
Bubble
Company
Sales
Term
Bubbles
Looking
Suffered
Less
Technological
Bigs
Closer
Even
Companies
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There is a belief that children drop out of school because they're needed by their families to work, or the little girls are needed to take care of younger siblings. It turns out that's not really true.
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Linux is its own worst enemy: it's splintered, it has different distributions, it's too complex to run for most people.
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Kids drop out of school mostly because school is boring and not particularly relevant.
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The laptop brings back a more seamless kind of learning.
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My advice to graduates is to do anything except what you are trained for. Take that training to a place where it is out of place and stimulate ideas, shake up establishments, and don't take no for an answer.
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Scale will get you strategy.
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Google has a very powerful and new advertising model that, for them, prints money.
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Very often kids don't ask questions in class because they don't want to be seen asking a question.
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It makes no sense to ship atoms when you can ship bits.
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I had come to a stage in life where I didn't need to earn an income, I didn't need to earn a reputation, I didn't need fame, I didn't need any of the things you might want in your early career.
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Nature is pretty good at networks, self-organizing systems. By contrast, social systems are top-down and hierarchical, from which we draw the basic assumption that organization and order can only come from centralism.
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The cost of electronics in a modern car now exceeds the cost of its stall.
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The change from atoms to bits is irrevocable and unstoppable. Why now? Because the change is also exponential - small differences of yesterday can have suddenly shocking consequences tomorrow.
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Companies cannot really see beyond their current customer base. They explicitly or implicitly do things to protect their current customers. And the last person to want real change is your customer. This is why most new ideas come from small companies that have nothing to lose.
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Computing is not about computers any more. It is about living. Whatever big problem you can imagine, from world peace to the environment to hunger to poverty, the solution always includes education, ... We need to depend more on peer-to-peer and self-driven learning. The laptop is one important means of doing that.
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I'm not against paying at all. What I'm against is the complexity of paying. And you very often go to a website and you try to click on something and sometimes it will even say it's free, but you have to fill out this form.
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Young people, I happen to believe, are the world's most precious natural resource.
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Digital living will include less and less dependence upon being in a specific place at a specific time, and the transmission of place itself will start to become possible.
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By the year 2000, most Americans will be online one way or another.
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