Researchers who examined the voting records of wine judges found that 90 percent of the time they give inconsistent ratings to a particular wine when they judge it on multiple occasions.
Nathan MyhrvoldCrazy ideas sometimes work, and the technological society that we have is built on a foundation of those crazy ideas that work.
Nathan MyhrvoldWhat you do on a dinosaur expedition is you hike and look at the ground. You find bones sticking out of the dirt and, once you see something, you dig.
Nathan MyhrvoldWith cult foods, there is an underlying assumption that the best cooking ideas came generations ago. Yet culinary innovation is nothing to be ashamed of. When a chef tells me he is cooking with his grandmother's recipe, I always wonder why. Did talent skip the past two generations?
Nathan MyhrvoldRegardless of how it's done, transaction costs will continue to plummet as computers get more powerful. Low transaction costs are a wonderful thing if you're in the transaction business. They're wonderful for consumers too, making it cheaper and easier to buy things and creating new things to buy.
Nathan Myhrvold