Quotes of All Topics . Occasions . Authors
Even in an organization that's doing something big and bold, there's the mundane, day-to-day execution work of keeping it going. But people need to stay connected to the boldness, to the vision, and stay plugged in to the main vein of the dream.
Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation.
The reason we care so much about what happens to the likes of Lady Gaga is not because her shenanigans will ever impact our lives; rather because our brain doesn't realize there's a difference between rock stars we know about and relatives we know.
In the space business, space had gotten very much to be the aerospace industry. This is something that governments only do and it's where the Boeings and the Lockheed's and the Northrop's and so forth. And there's no way these small companies could do it.
I think we're heading towards a world of what I call 'technological socialism.' Where technology - not the government or the state - will begin to take care of us. Technology will provide our healthcare for free. The best education in the world - for free.
At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions all good things
Now the amygdala is our early warning detector, our danger detector. It sorts and scours through all of the information looking for anything in the environment that might harm us. So given a dozen news stories, we will preferentially look at the negative news.
You've got to choose your horse ahead of time. So, if you're interested in water technology, energy technology, you get to choose between the three or four companies that you have insight into. And you have to make a bet on them before they prove anything out.
At its core, bitcoin is a smart currency designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions... all good things.
When you have an employee who's innovative in your organization, what are they thinking about in the shower? If they're working in an exciting place, they're not thinking what they're going to do over the weekend. They're thinking: 'How do I solve that problem?'
A dapper Canadian in his mid-fifties, Rob McEwen bought the disparate collection of gold mining companies known as Goldcorp in 1989. A decade later, he'd unified those companies and was ready for expansion - a process he wanted to start by building a new refinery.
The Department of Energy made an investment that failed, and it got raked over the coals for that failed investment. This is ridiculous. The fact of the matter is, the government should be making a lot of risky investments, the majority of which are likely to fail.
If you believe that the developing world deserves the same standards of living that we do in the developed world, then to achieve that, they need resources. They need the metals and the minerals to build the industries and the buildings and so forth, and the energy.
What opened up the American West was the fact that you owned the real estate. You owned the gold mines, the oil wells. The creation of these, back then, million dollar industries drove the railroads and eventually the airlines to provide this kind of transportation.
You could not legally put a human and fly them into space. In fact, you couldn't bring a spaceship back. All those spaceships we were sending commercially into space were one way. You sort of like, got rid of them. And most passengers, who go up, do want to come back down.
You might hear people decry the loss of privacy in today's world, but radical transparency is dramatically reducing violence everywhere. Most violent things happen in the dark when no one's watching, whether it's an oppressive dictator or someone causing violence in the inner city.
The question companies have to ask, or governments have to ask is, where do we allow crazy ideas to bubble up? Because if there is a failure, what happens? Someone gets blame. There's a lawsuit, there's a congressional investigation. And so, those things shut down the creative engine.
I'm extraordinarily passionate about the idea of asteroid mining in the future. Asteroids out there, we know them from those that have fallen on the Earth, there is a class of asteroids, sub-class of nickel/iron asteroids, which are 50,000 times more enriched than Platinum mines on earth.
NASA calls stuff nominal instead of phenomenal, like it really is. So I have given up that there is going to be a balance and NASA is going to do certain things and we are finally in a state of existence where small groups of individuals can do extraordinary things, funded by single people.
There was a Gallup poll that said something like 70 percent of people in the United States do not enjoy their job - they work to put food on the table and get insurance to survive. So, what happens when technology can do all that work for us and allow us to actually do what we enjoy with our time?
When cars have the sensory systems around them, GPS intelligence, they're looking at the world not only in visual spectrum, but infrared, ultraviolet and everything else that's going on and they've got reaction times in microseconds. Not a tenth of a second. They're a hundred thousand times faster.
It used to be that, in astronomy, a small team of people could look at photos of a few thousand galaxies and classify and catalog them relatively easily. But now, with a new generation of robotic telescopes scanning the skies constantly and producing millions of images, that's become next to impossible.
All of us are linear thinkers. We evolved in a world that was local and linear. You know, back 100,000, 200,000, millions of years ago, when we were evolving as a human species, nothing changed. You know, the life of your great-grandparents, you, your kids - it was the same. And so we are local and linear thinkers.
The thing about frontiers, it allows the individuals who are best, whether they're men or women or minorities or whatever, to step to the top. So in traditional societies, old world societies, in the United Kingdom if you would; if you were born into the right stratus, the right class, you had the ability to succeed.
The U.S. government doesn't build your computers, nor do you fly aboard a U.S. government owned and operated airline. Private industry routinely takes technologies pioneered by the government and turns them into cheap, reliable and robust industries. This has happened in aviation, air mail, computers, and the Internet.
In 1980, during my sophomore year at MIT, I realized that the school didn't have a student space organization. I made posters for a group I called Students for the Exploration and Development of Space and put them up all over campus. Thirty-five people showed up. It was the first thing I ever organized, and it took off!
My personal fascination with the power of the crowd has been growing: Exactly what can a 'crowd' accomplish? We know crowds can raise billions of dollars, create Wikipedia, and even design and build small autonomous drones. But how about something large and complex like designing a new car, and maybe someday even a spaceship?
WhatsApp is both disrupting and demonetizing the entire wireless industry, and now the Facebook acquisition provides the infrastructure needed for WhatsApp to begin offering voice calls. So instead of people paying on average $80 per month, users only have to pay $0.99 per year for the same services. Wireless carriers, beware.
You have to ask yourself the question, do you have the smartest people in the world working for your company? And if you do, you're lucky. But if you don't, put up the incentive. And have someone who is absolutely brilliant who's a 22-year old in India who says what about this way? And who revolutionizes the way you do business.
Most advertisers spend millions upon millions of dollars to buy commercial time during the Super Bowl, and millions in creating eye-popping ads, hoping to create catchy, unforgettable commercials. Unfortunately, most Super Bowl commercials end up being unmemorable. Costly mistakes for brands and creative flameouts for advertising firms.
During the next 50 years, in countless cycles, in countless entrepreneurial companies, this let's just go and do it mentality will help us finally get off the planet and irreversibly open the space frontier. The capital and tools are finally being placed into the hands of those willing to risk, willing to fail, willing to follow the dreams.