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?

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.

Technology happens, it's not good, it's not bad. Is steel good or bad?

Most companies don't die because they are wrong; they die because they don't commit themselves. They fritter away their momentum and their valuable resources while attempting to make a decision. The greatest danger is standing still.

A career in journalism suddenly lost its appeal.

The Internet doesn't change everything. It doesn't change supply and demand. It doesn't magically allow you to build businesses by turning investors' money into operating expenses indefinitely. The money always runs out eventually.. the Internet doesn't change that, as we have seen.

No problem is so complicated that you cannot make it more complicated.