We are living through a turning point, in great confusion. Nothing of what seemed obvious yesterday is evident today. Nor are there any signs to tell us what future certainties will be.
Bell Labs arguably enabled Silicon Valley. How to unpack all this? Gertner is joining a debate that has been going on quietly for a number of years now, but which, with economic distress, is now resurfacing.
Rather than an "opportunity society," we need to create a more "opportunistic society," one smart and durable enough to weather change and focus on the future.
Why do so many CEOs want to escape to a place so different from where they work? There is a certain irony, perhaps even hypocrisy, in these disparities.
Media firms are the early adopters of new tech. You have to love them for taking arrows in the back and mounting themselves on the fireplace alter as trophies.
Should we protect old media by hindering market competition? Of course not. But try telling that to the National Association of Broadcasters and the Recording Industry Association of America.
Dr. Joseph Schumpeter will never be the subject of a Hollywood-style biopic, but his ideas on the rise and fall of industries form the basis for the script the media business finds itself following today.
We have watched one bailout unfold, and we have not been impressed. We heeded the Wise Men, and now we feel violated. But how do we now hold failing auto companies to a higher standard?
Virtually all policy makers involved in economic policy subscribe to a particular economic doctrine, even if they may not be aware of which "camp" they are in.