A Quote by Erik Brynjolfsson

When goods are digital, they can be replicated with perfect quality at nearly zero cost, and they can be delivered almost instantaneously. Welcome to the economics of abundance.

Erik Brynjolfsson

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Abundance Almost Cost Delivered Digital Economics Goods Nearly Perfect Quality Welcome Zero

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Erik Brynjolfsson
American - Educator

Digital companies can reach new customers immediately and at virtually zero marginal cost. They can compete in new sectors by collaborating with peers and competitors. They can massively improve quality and productivity by converging technologies and sources of data.

Pierre Nanterme

Welcome to the wonderful world of economics. Everything precious in life has a cost.

Russ Roberts

Biology is greener and, at scale, should be incredibly cost-effective: The cost of goods sold should be little more than the sugar water needed to brew almost anything.

Ryan Bethencourt

The story of Basinski's 'Disintegration Loops' - tapes that destroyed themselves in the transfer to digital - is a parable (again almost too perfect) for the switch from the fragility of analogue to the infinite replicability of digital.

Mark Fisher

In the digital realm, companies are free from the friction of producing physical goods, and as a result, we see companies like Google go from zero dollars in revenues to billions at a much faster rate.

Om Malik

The results speak for themselves: Businesses that competitively sourced service contracts saved an average of about 22 percent. Even more impressive - nearly every e-auction delivered cost savings.

Brian Miller

Cost is more important than quality but quality is the best way to reduce cost.

Genichi Taguchi

Globalisation, and specifically our connectivity to China, has contributed to a sustained growth in the U.S. economy, has led to full employment and has benefited consumers with lower-cost, high-quality goods.

Neil Bush

There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.

Henry Ford

As long as we remain vigilant at building our internal abundance—an abundance of integrity, an abundance of forgiveness, an abundance of service, an abundance of love—then external lack is bound to be temporary.

Marianne Williamson

The only number that would ever be enough is 0. Zero pounds, zero life, size zero, double-zero, zero point. Zero in tennis is love. I finally get it.

Laurie Halse Anderson

The great society is a place where men are more concerned with the quality of their goods than with the quantity of their goods.

Lyndon B. Johnson

The federal government spends nearly half a trillion dollars on contracted goods and services; therefore, we must ensure that the money is being spent efficiently, and small businesses have proven that they can do quality work cheaper and often faster.

Sam Graves

By continuing to redefine the cost structure in food, we think Munchery will eventually make getting a high quality chef-prepared meal delivered to your door less expensive than buying the ingredients to cook a similar meal yourself.

Shervin Pishevar

When you're sharing the music, you're not buying the CD. When you're sharing that video, you're not buying the TV. But we thought, really, there'd be a firewall. While near-zero marginal cost would impact virtual goods, we never thought it would move over to the physical world.

Jeremy Rifkin

[Social legislation] raised the cost of production; and what can be more illogical than to raise the cost of production in the country and then to allow the products of other countries which are not surrounded by any similar legislation, which are free from any similar cost and expenditure freely to enter our country in competition with our own goods...If these foreign goods come in cheaper, one of two things must follow...either you will take lower wages or you will lose your work.

Joseph Chamberlain

A Quote by Erik Brynjolfsson

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