A Quote by Jack Kilby
Well, the big products in electronics in the '50s were radio and television. The first big computers were just beginning to come in and represented the most logical market for us to work in.
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I think I thought it would be important for electronics as we knew it then, but that was a much simpler business and electronics was mostly radio and television and the first computers.
I probably had the most fun ever in the ring with Christian. And it was because he could just pick stuff up out of thin air and make it something. Neither of us were these big high-fliers; none of us were power guys doing these big, crazy moves. But the finesse and the things were smooth with me and him.
The Middle East would always be an important trading partner in just a market sense, like America is a big market for us, Asia is a big market, Europe is a big market. You are going to have hundreds of millions of consumers there, from just a standard market point of view, from a very narrow American point of view.
People make a big deal about podcasts but it's basically an online radio show with the sound effects and sidekicks, but because you can curse it's more like satellite radio. Most of the podcasters were morning guys who were fired when Clear Channel decimated the radio landscape.
We were in the market ahead of competition. We brought new products on the market ahead of competition. We rolled out our networks. We begged, borrowed, stole, put things out. And while they were never near perfect, they were first. And that gave us, to my mind, a lot of advantage.
When I was a teenager in the late 30's and early 40's, electronics wasn't a word. You were interested in radio if you were interested in electronics.
We were always thinking big, dreaming big - no project was too big for us to tackle, and that comes from how we were raised. Our parents actually said to us, 'If somebody says you can't do something, find five ways to do it.'
When you start in the childhood period, when you begin to form a comic sense, it was the radio comedians - from the last days of radio and the first days of television. And Spike Jones. And the Marx Brothers. They represented anarchy. They took things that were nice and decent and proper, and they tore them to shreds. That attracted me.
Rookies are also coming in from college programs as big stars, whereas when we came in, we were just happy to be there. We were happy to be playing in a big gym, to be on television, to be playing in America.
Growing up, the major institutions were school and church. We were taught our culture was no good. We didn't have sundances. The last ones were in the 1940s and '50s. They're starting to come back now. Each reserve is starting to have a Big Lodge and a sundance ceremony. That's what's going to rebuild our people.
Bell Labs was a fantastic research organization but having them create and market new products for the world was terrible. They were not good marketers and yet it was AT&T engineers who were deciding what the products of the future were.
Tech stocks were the cubic zirconium of the market. They looked good and were sexy, but they just were a way for the company selling them to make money. That's always going to be transient in terms of the stock market. What's real is that companies have to compete. Technology used well is a great tool to enable that if only because most companies dont use technologies well.
You are what you think. So just think big, believe big, act big, work big, give big, forgive big, laugh big, love big and live big.
There were never as many big businesses as people were piling money into in the late 90's or early 2000's. This is really a lesson to institutional investors about how much capital the market can absorb, and it's a 10-year adjustment cycle, and we're only beginning to wake up to that.
When he first started - Jim Henson, who created Bid Bird and Oscar - he said Big Bird was just a big, goofy guy. And it was - a script came along and I said, 'I think Big Bird would be much more useful to the show if he were a child learning all the things we were teaching in the show.' And so he didn't know the alphabet, even, for instance.
When television began, it modeled itself after radio. Many early television programs were radio programs first. 'My Favorite Wife,' 'The Jack Benny Show,' 'Burns and Allen,' 'Alfred Hitchcock Presents.'
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