We 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 MyhrvoldNew online formats gutted the newspaper-ad business. Why pore over tiny print looking for a job in the want ads when you can tap a few keywords into monster.com, then click through and apply? Why pay a steep per-character rate for a classified when you can hawk a whole garage full of used stuff on EBay or Craigslist for free?
Nathan MyhrvoldWhen I was about nine years old, I announced to my mother that I was going to cook Thanksgiving dinner. And I went to the library and got this whole pile of books. I'd love to say it all turned out great. It didn't. But, sort of, from that point on, whenever there was serious cooking at home, I was the one who did it.
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 MyhrvoldIt's very hard for individual inventors to get paid. For the same reason that private equity is valuable - broadly, that's a good thing - in the case of patents, many that own them aren't in a good position to take the next step.
Nathan MyhrvoldWe're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the Dutch auction, where prices start high and go lower until somebody bites. Movies are sold to the audience via a very slow Dutch auction, where each phase between price drops can last weeks or months.
Nathan Myhrvold