A Quote by Michael K. Powell

I have a vision that's about technology that empowers consumers over institutions. — © Michael K. Powell
I have a vision that's about technology that empowers consumers over institutions.
Technology empowers the less empowered. If there is a strong force that bring a change in the lives of those on the margins it is technology. It serves as a leveler and a springboard.
We owe it to consumers to treat their dollars with respect and to double- and triple-check our assumptions about complex marketplaces rather than getting locked into a regulatory tunnel vision that will ultimately leave consumers with fewer, more expensive choices.
No longer do companies study consumers' psyches only by asking people what they think about technology and how they use it. Now they conduct observational research, dispatching anthropologists to employ their ethnographic skills by interviewing, watching and videotaping consumers in their natural habitats.
I actually thought that the marketplace was pretty imbalanced when the consumer bureau was first created and financial institutions did not have someone looking carefully over their shoulder to look after the interest of consumers.
Long-term, Congress needs to replace Obamacare with market-driven health reform that's affordable for everyday Iowans and empowers consumers.
While games are fun to play, children should grow up not just being the consumers of technology but also the creators of technology.
I'd say the most important criteria is vision. What is your vision for the party? Do you have a vision to strengthen the grassroots and help them turn out people in their local communities? That's the real thing. The real question is not about one person. It's not about an individual. It's about millions of people working all over this country to reach out in their local communities. And the DNC chair has to help them do that and have a vision for that and have the energy for that.
If old consumers were assumed to be passive, then new consumers are active. If old consumers were predictable and stayed where you told them, then new consumers are migratory, showing a declining loyalty to networks or media. If old consumers were isolated individuals, then new consumers are more socially connected. If the work of media consumers was once silent and invisible, then new consumers are now noisy and public.
Democracy is about institutions: it's about having things like schools and judiciary and the Ford Foundation, or 'The Nation' magazine - you need progressive institutions, you know what I mean? Those are important institutions to make sure that the government functions.
We're going to need a new social contract with the tech world one that asks for consent, and one with transparent goals. Right now, the goals of technology are not aligned with our goals as humans. We need technology that empowers us to make the life choices we want to make.
I embrace technology and I just think that in 1984 when James Cameron wrote about the technology, everyone thought he was totally way out there and it was science fiction. Now it's almost reality what he talked about. The machines have taken over, except they have not become self-aware, like in Terminator. So this is really one thing that we have to watch out for, but I think technology is good.
Of course, technology is not an exogenous force over which humans have no control. We are not constrained by a binary choice between acceptance and rejection. Rather, the decisions we make every day as citizens, consumers, and investors guide technological progress.
Let's hope brands recognize that the true power of this technology is not its reach but its ability to communicate substance that adds meaning to our lives. Otherwise, brands will be investing in technology that consumers simply won't buy.
The vision behind our idea is a world where people don't carry hazardous chemicals in their bodies, the environment is free of toxic pollutants, and the economy diligently conserves its natural resources for consumers and future generations. We want to make it easier for consumers to create this world through their purchasing decisions and everyday activities.
Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers.
One of the reasons I work with technology the way I do is that I can really be assured that the vision I have from the outset is what will be at the end. And that that vision isn't altered through the process.
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