Jack Ma (Alibaba) on the increasing monopoly of large companies:
"Large scale was the model. Personalized, custom-made is the future”
Marginal Revolution:
"Don’t be surprised if you see a lot of robots in daily life, and in news stories, but not huge productivity gains in the published statistics. That’s exactly the American economy right now”
Count von Faber-Castell:
"In places where labour is expensive, the ideas simply have to be greater”
Bruce Schneier:
“The economics of the Internet are inherently monopolistic. The big get bigger because they leverage enormous network effects”
@jeffsussna:
"Complex systems can’t be fully modeled. Failure becomes the only way to fully discover requirements. Thus the need to embrace it”
Neil Lawrence (Amazon's AI and professor of machine learning):
"One of the gating factors to ML success is data. To properly train models, an enterprise needs an unearthly amount of data”
Jack Ma (Alibaba):
“Customers are No. 1, employees are No. 2, and shareholders are No. 3.”
Jack Welch (former CEO of General Electric):
“Shareholder value is a result, not a strategy…. Your main constituencies are your employees, your customers and your products”