The waterfall method amounts to a pledge by all parties not to learn anything while doing the actual work.

Society doesn't need newspapers. What we need is journalism... When we shift our attention from ‘save newspapers’ to ‘save society’, the imperative changes from ‘preserve the current institutions’ to ‘do whatever works.’ And what works today isn’t the same as what used to work.

Behavior is motivation filtered through opportunity.

Publishing isn't a job anymore. It's a button.

We're not good at thinking fast. We are good at feeling fast.

Wikipedia took the idea of peer review and applied it to volunteers on a global scale, becoming the most important English reference work in less than 10 years. Yet the cumulative time devoted to creating Wikipedia, something like 100 million hours of human thought, is expended by Americans every weekend, just watching ads.

The more people are involved in a given task, the more potential agreements need to be negotiated to do anything, and the greater the transaction costs.