Having Seen A Non-market Economy, I Suddenly

The Best Investor Is Your Customer.

I Joined The Board Of The Santa Fe Institute.

What's Really Going On Here Is, This Is A Media Shift. It's Comparable To What Happened In The 1950s And The Birth Of Electronic Mass Media Back Then.this Is The Birth Of A New Kind Of Personal Media, Where, Instead Of We're All Watching One Program, We're All Watching Each Other. And The History Of Media Makes It Really Clear. Whenever We Have A Big Innovation, The First Wave Of Stuff We Do Is Pretty Crummy. The Printing Press Gave Us Pornography, Cheap Thrillers, And How-to Books. Television Gave Us Newt Minow's Vast Wasteland.

Change Means That What Was Before Wasn't Perfect. People Want Things To Be Better.

It's Not That You Have Jobs On The Internet, But The Internet Makes It Possible For More People To Build Their Own Jobs. What It Does Is, It Erodes The Power Of Institutions. It Used To Be You Needed An Institution To Have A Job. But, If You Look At The Three Of Us On This Show, I Don't Think Any Of Us Is Really Employed By An Institution. We Run Our Own Lives.