Regardless 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 MyhrvoldPeople get cranky when you burst their bubble. Over time, advances in astronomy have relentlessly reinforced the utter insignificance of Earth on a celestial scale. Fortunately, political and religious leaders stopped barbecuing astronomers for saying so, turning their spits with human-rights activists instead.
Nathan MyhrvoldThe new revolution in cooking can be viewed in two ways. One is that you can take any traditional food and apply modern techniques. The other approach is to create food that is quite different than anything that has existed before.
Nathan MyhrvoldUltimately, my Ph.D. is in mathematical physics, focusing on quantum field theory and curved space-time, and I worked with Stephen Hawking.
Nathan MyhrvoldWe collectively have a special place in our heart for the manned space flight program - Apollo nostalgia is one element, but that is only part of it. American culture worships explorers - look at the fame of Lewis and Clark, for example. The American people want to think of themselves as supporting exploration.
Nathan MyhrvoldIt's impossible that we're alone in the universe. Every time we think we're more special than others, we're proven wrong.
Nathan MyhrvoldAnybody who can afford a box of business cards can afford a Web site. Any company with an 800 number can move its services to the Web for peanuts by comparison. The extreme case of corporate promotion is to strip away all other aspects of your business and sell goods or services via the Net alone, as amazon.com has done with books.
Nathan Myhrvold