A Quote by William Gibson
I'm very primitive in terms of economics. The kind of new business in which stock gets more valuable because the company grows, but there must be limits to growth. But if publishing is expanding to fill that retail space, it seems like there may be a necessary and unpleasant correction waiting down the road. How many books to people WANT?
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I've been through the whole western world, and it seems to me that there's more retail floor space devoted to the sale of books than food! There's more retail floor space devoted to the sale of books than there's been in the entire history of humanity! It's grotesque!
iStockphoto was revolutionizing the stock photography industry, establishing a whole new business model and democratizing stock art for everyone. It made sense for the industry-leading stock image company to take iStock to the next stage of growth, serving all markets at every price point.
I don't get how people want to read books on computers because it must be really bad for your eyes, for starters. I love the smell of books and I just like the whole experience of it. Maybe I'm just old-fashioned, but I like that whole experience - it's the same as I like putting on a record or a CD and waiting for it to arrive or buying it and waiting to listen to it in full.
Growth isn't central at all, because I'm trying to run this company as if it's going to be here a hundred years from now. And if you take where we are today and add 15% growth, like public companies need to have for their stock to stay up in value, I'd be a multi-trillion-dollar company in 40 years. Which is impossible, of course.
I start with people's growth, my own growth included. I don't start with the company's strategy or products. I start with people's growth because I believe that if the people who are running and participating in a company grow, then the company's growth will in many respects take care of itself.
This whole issue of limits to growth, which provides a psychological, as well as a physical, cap on potential expansion of activity and awareness, has had a very depressing effect on many people.... I don't for a moment think that there's any concept which anyone's working with now which will be followed as a straightforward scenario. But the idea embodied in concepts such as space colonization or space industrialization, or availability of nonterrestrial resources, is fundamental, and it will change the way in which people look at the future.
Obviously solving the education problem is big and complex, and there's already so many failings, but coding is the new fluency. This is the most valuable skill of this century. If you want to be a founder of a company, and not even just a tech company, but like a founder of a company, because I'm telling you software is going to play a role.
I definitely see a correlation between how many things a company gets right and how fast a company grows.
So I kept reading, just to stay alive. In fact, I'd read two or three books at the same time, so I wouldn't finish one without being in the middle of another -- anything to stop me from falling into the big, gaping void. You see, books fill the empty spaces. If I'm waiting for a bus, or am eating alone, I can always rely on a book to keep me company. Sometimes I think I like them even more than people. People will let you down in life. They'll disappoint you and hurt you and betray you. But not books. They're better than life.
It's a long road of paying your dues. Each and every person that's in this business has to go down that road. Some people may not have to. Some people may be given that road instantly because of who they are.
I've learned that fear limits you and your vision. It serves as blinders to what may be just a few steps down the road for you. The journey is valuable, but believing in your talents, your abilities, and your self-worth can empower you to walk down an even brighter path. Transforming fear into freedom - how great is that?
Often I hear people say they do not have time to read. That's absolute nonsense. In the one year during which I kept that kind of record, I read twenty-five books while waiting for people. In offices, applying for jobs, waiting to see a dentist, waiting in a restaurant for friends, many such places.
Reprehension is a kind of middle thing betwixt admonition and correction: it is sharpe admonition, but a milde correction. It is rather to be used because it may be a meanes to prevent strokes and blowes, especially in ingenuous and good natured children. [Blows are] the last remedy which a parent can use: a remedy which may doe good when nothing else can.
The current publishing scene is extremely good for the big, popular books. They sell them brilliantly, market them and all that. It is not good for the little books. And really valuable books have been allowed to go out of print. In the old days, the publishers knew that these difficult books, the books that appeal only to a minority, were very productive in the long run. Because they're probably the books that will be read in the next generation.
In terms of the economics, yes obviously the rise of e-books and how people choose to read books has a big effect on the economics of the game. But whether people are buying them on paper or downloading them there's still some poor wretch in a room who is trying to write a poem, write a story, write a novel. And so my job doesn't change. It's just how people receive it and economic conditions on the ground change, but that doesn't affect what I write.
Today, in the Twenty-First Century, an age of jet aircraft, personal computers, wireless telecommunications, laser surgery, and incipient space travel, the mentality with which many presumably educated, intelligent people approach matters of economics and business is, however astonishing it may seem, still that of the Dark Ages.
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