I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.

I think markets are often not thinking on a long-time horizon, I think that our government structurally is doing even less so. When we have a government where we have people who are up for election at most once every six years for a U.S. senator, that's a time horizon that is much shorter than in a market that a company is looking at 10, 15, 20 years which is a time horizon over which a stock price is typically valued.

Twitter is hard to evaluate. They have a lot of potential. It's a horribly mismanaged company — probably a lot of pot-smoking going on there. But it's such a solid franchise it may even work with all that.

Today's 'best practices' lead to dead ends; the best paths are new and untried.

Big part of the challenge to innovation is that people too easily resign themselves to dying.

If you have technological progress, that will encourage more capitalist system. On the other hand, if you don't, if things are stalled, you end up with much more of a zero sum type thing, where there's no progress and basically everybody's gain is somebody else's loss.

Recruiting is a core competency for any company. It should never be outsourced.