Suppose you had a small electrical fire and... a structural engineer [looked] at your home's wiring [and] reports that the wiring is "shot" and there is a 50% chance that your house would burn down in the next few years unless you replace all the wiring. The job will cost $20,000... so you get an independent assessment. The next engineer agrees with the first warning. You can either continue to shop for additional evaluations until you find the one engineer in 1,000 that is willing to give you the answer you want, "Your family is not in danger" or you can change the wiring.
Steven ChuAt Rochester, I came with the same emotions as many of the entering freshman: everything was new, exciting and a bit overwhelming, but at least nobody had heard of my brothers and cousins.
Steven ChuBy the fourth grade, I graduated to an erector set and spent many happy hours constructing devices of unknown purpose where the main design criterion was to maximize the number of moving parts and overall size.
Steven ChuOccasionally, I would focus on a particular school project and become obsessed with, what seemed to my mother, to be trivial details instead of apportioning the time I spent on school work in a more efficient way.
Steven ChuIf there is a regulation that says you have to do something-whether it be putting in seat belts, catalytic converters, clean air for coal plants, clean water-the first tack that the lawyers use, among others things, and that companies use, is that it's going to drive the electricity bill up, drive the cost of cars up, drive everything up. It repeatedly has been demonstrated that once the engineers start thinking about it, it's actually far less than the original estimates. We should remember that when we hear this again, because you will hear it again.
Steven Chu