We have already seen some instances of systemic risk in recent times in the Asian financial crisis. But what sparked off the Asian financial crisis? Automated trading programmes!

When you invent the ship, you also invent the shipwreck; when you invent the plane you also invent the plane crash; and when you invent electricity, you invent electrocution...Every technology carries its own negativity, which is invented at the same time as technical progress.

I don't believe in simulationism, I believe that the word is already old-fashioned. As I see it, new technologies are substituting a virtual reality for an actual reality. And this is more than a phase: it's a definite change.

GPS not only played a large and delocalizing role in the war in Kosovo but is increasingly playing a role in social life.

However, the Kosovo War took place in orbital space. In other words, war now takes place in 'aero-electro-magnetic space'. It is equivalent to the birth of a new type of flotilla, a home fleet, of a new type of naval power, but in orbital space!

Technologies first equipped the territorial body with bridges, aqueducts, railways, highways, airports, etc. Now that the most powerful technologies are becoming tiny - microtechnologies, all technologies can invade the body. These micro-machines will feed the body. Research is being conducted in order to create additional memory for instance.

I could give examples of cabinet ministers, including defence ministers, who have no technological culture at all. In other words, what I am suggesting is that the hype generated by the publicity around the Internet and so on is not counter balanced by a political intelligence that is based on a technological culture.