“Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.”
Technology
“Perhaps the single most dramatic example of this phenomenon of software eating a traditional business is the suicide of Borders and corresponding rise of Amazon.”
BusinessAll Quotes by Marc Andreessen
“People are so bad at driving cars that computers don't have to be that good to be much better. Any time you stand in line at the D.M.V. and look around, you're like, Oh, my God, I wish all these people were replaced by computer drivers.”
Computers“More and more major businesses and industries are being run on software and delivered as online services - from movies to agriculture to national defense.”
Movies“There is an enormous market demand for information. It just has to be fulfilled in a way that fits with the technology of our times.”
Technology“One of the advantages of moving quickly is if you do something wrong you can change it. What technologies tend to do is they tend to make a lot of mistakes... but then we go back and aggressively attack those mistakes - and fix them. And you usually recover pretty quickly.”
Change“Any new technology tends to go through a 25-year adoption cycle.”
Technology“In the next 10 years, I expect at least five billion people worldwide to own smartphones, giving every individual with such a phone instant access to the full power of the Internet, every moment of every day.”
Power“I need more raw experience. I've read and watched a lot of things, but I haven't done a lot of things.”
Experience“If you're the village blacksmith and a model T comes along, you better become a mechanic. People's lives are better when they get news online versus having to wait for the morning paper. It's a lot more efficient, a lot more real time, a lot less waste.”
Morning“Technology is like water it wants to find its level. So if you hook up your computer to a billion other computers, it just makes sense that a tremendous share of the resources you want to use - not only text or media but processing power too - will be located remotely.”
Computers“Our combination of great research universities, a pro-risk business culture, deep pools of innovation-seeking equity capital and reliable business and contract law is unprecedented and unparalleled in the world.”
Business“And once you get instantaneous communication with everybody, you have economic activity that's far more advanced, far more liquid, far more distributed than ever before.”
Communication“The days when a car aficionado could repair his or her own car are long past, due primarily to the high software content.”
Car“You are cruising along, and then technology changes. You have to adapt.”
Technology“Perhaps the single most dramatic example of this phenomenon of software eating a traditional business is the suicide of Borders and corresponding rise of Amazon.”
Business“Google is working on self-driving cars, and they seem to work. People are so bad at driving cars that computers don't have to be that good to be much better.”
Computers“Newspapers with declining circulations can complain all they want about their readers and even say they have no taste. But you will still go out of business over time. A newspaper is not a public trust - it has a business model that either works or it doesn't.”
Business“Around '93, '94, the conventional wisdom about the Internet was that it was a toy for academics and researchers. So it was very, very underestimated for about two years.”
Wisdom“An awful lot of successful technology companies ended up being in a slightly different market than they started out in.”
Technology“These days, you have the option of staying home, blogging in your underwear, and not having your words mangled. I think I like the direction things are headed.”
Home