A Quote by Jamais Cascio
The biggest potential and actual crises of the 21st century all have a strong, long, slow aspect with a significant lag between cause and effect. We have to train ourselves to be thinking in terms of longer-term results.
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The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
We must not let ourselves be seen as rushing around the world looking for arguments... Nor should we let ourselves be seen as ignoring allies, disillusioning friends, thinking only of ourselves in the most narrow terms. That is not how we survived the 20th century. Nor will it serve in the 21st.
The biggest threat to global stability is the potential for food crises in poor countries to cause government collapse.
The prosperity of the second half of the twentieth century was both a cause and an effect of social and scientific breakthroughs that have redefined human life. The biggest change is simply that people live longer and have far more freedom to think about things other than staying alive.
In the 19th century, we devoted our best minds to exploring nature. In the 20th century, we devoted ourselves to controlling and harnessing it. In the 21st century, we must devote ourselves to restoring it.
Over the long term, despite significant drops from time to time, stocks (especially an intelligently selected stock portfolio) will be one of your best investment options. The trick is to GET to the long term. Think in terms of 5 years, 10 years and longer. Do your planning and asset allocation ahead of time. Choose a portion of your assets to invest in the stock market - and stick with it! Yes, the bad times will come, but over the truly long term, the good times will win out - and I hope the lessons from 2008 will help get you there to enjoy them.
I think a lot about intergenerational justice. Short-term versus long-term helps to explain a lot of the policy disagreements that happen between the parties, and I would argue that in most ways, we are the party with more long-term thinking.
I saw Bitcoin as an actual market opportunity: as a trillion-dollar marketplace with long-term potential.
At a theoretical level, I think a naturalist approach to religion is just asking questions I'm not interested in. They're perfectly legitimate in their own terms, but they don't address the actual experience of how one or other aspect of religion becomes existentially meaningful to us in our actual lives. The fact that we ourselves are the subject of investigation makes all the difference.
Our goal is not to produce immediate results. We've been tasked with producing long-term results. That means that there's more risk in any individual thing we take on. But we still aspire to a strong return on investment.
Poor decision making in government; the tragedy of short-term economic thinking; our national housing crisis: these are real 21st Century problems for our country. They are problems that can only be solved by genuinely fearless thinking about our natural environment.
Computer science teaches and nurtures the type of thinking that 21st century citizens will need to address 21st century issues. We cannot know with any certainty what those challenges will be, but we can arm our students with the tools needed to address them.
Human intellectual progress, such as it has been, results from our long struggle to see things 'as they are,' or in the most universally comprehensible way, and not as projections of our own emotions. Thunder is not a tantrum in the sky, disease is not a divine punishment, and not every death or accident results from witchcraft. What we call the Enlightenment and hold on to only tenuously, by our fingernails, is the slow-dawning understanding that the world is unfolding according to its own inner algorithms of cause and effect, probability and chance, without any regard for human feelings.
I can't think in terms of journalism without thinking in terms of political ends. Unless there's been a reaction, there's been no journalism. It's cause and effect.
The median family income in the U.S. is lower than it was a quarter-century ago, and if people don't have income, they can't consume, and you can't have a strong economy. There's significant risk - actually it's no longer a risk - a significant likelihood of a marked slowdown not only in China, but also in a lot of other countries like Brazil, which is in recession. All of the other countries that depend on commodities, including Canada, are facing difficulties. So it's hard to see a story of a strong U.S. economy.
Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.
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