If people were super-optimistic about technology there would be no reason to be pessimistic about the future.

People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why.

The biggest secret in venture capital is that the best investment in a successful fund equals or outperforms the entire rest of the fund combined.

Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.

A true bubble is when something is overvalued and intensely believed. Education may be the only thing people still believe in in the United States. To question education is really dangerous. It is the absolute taboo. It's like telling the world there's no Santa Claus.

Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.

Brilliant thinking is rare, but courage is in even shorter supply than genius.