Technology

“I think since the 17th century, the key to power in the modern world is which countries can be most effective at Developing, harnessing, exploiting the power of new technology without blowing up internally because of the social stress and upheavals that new te…”

“Over the next five years, figuring out what the business model of the next 30 years of the internet, like, that's the most interesting and important question in technology today, by far.”

“Every time the technology changes, the most valuable kind of marketer changes with it.”

“You're dealing with a level of prosperity in a world in which the Gini coefficients are blowing out. It's almost entirely due to the technology that is derivative of science, and the scientists are not participating.”

“I think in the next 10 years it's highly possible that 10 to 20% of our operating spend moves more towards technology than it already has.”

“In my opinion, the greatest and most underestimated barrier between technology existing and actually having an impact is people understanding it, welcoming it into their lives, and wanting to go work on it.”

“The tech is the thing people focus on, but the utopian stories about tech, when you make tech the thing people focus on, they write it off as PR, and so I think what we want is for the utopian stories about tech, or the optimistic stories about tech, To have i…”

“Obviously you have companies going from zero to a hundred million or five hundred million in revenue in, you know, one to two years. Like this has never happened before in software. Or kind of technology broadly.”

“In fact, if we are right that AI is going to be such a big change, startups will be much more important to making sure that The power of this technology gets widely distributed throughout the economy and society, and it's not just concentrated in a few compani…”

“And so long as you're able to confront the reality, so long as you are able to learn the technology itself actually doesn't matter.”

“Technology in some ways has made basketball worse, and I wouldn't be surprised if the same were true of soccer, that it homogenizes things, and everyone chases after the same targets, the same players, teams have less individual style”

“It's no longer about tech versus the rest of the world. Old economy names are now going to differentiate themselves based on how they apply tech.”

“There is a stage in the S-curve in the development of a new, big new technology Where, like, at the early part of the curve, like, it's suddenly very obvious that this is going to be huge, and everyone's very excited, but you don't know how any of it's going t…”

“Because right now there isn't a path to value capture because right now you've got a lot of people doing basically the same thing with basically the same technology and the same data and the same chips.”

“There's no reason why technology should be limited to computers. Properly understood, any new and better way of doing things is technology.”

“Even if we do that, you'll still have a revolution in the economy. You'll still have a revolution in the way things happen because the, Limiting factors now are not the technology, it's diffusion of the technology into the economy.”

“We have never handed over so much of ourselves to a technology before than we're about to do with agents.”

“Almost everything in technology ultimately moves to the edge closer to where people are.”

“I think in the enterprise, it's very similar and it moves faster, but like change management dictates success in the enterprise more than technology.”

“In the history of human civilization, we have never encountered a time when you had a technology that led to mass unemployment.”

“Technology in the first instance always, Augmented our costs, never detracted from it, but along, but as we go, as we went from one you know, from one lily pad to another things got better and more efficient”

“Look, this is the fastest category of technology in the entire history of the world, right? In terms of growth rate of usage and revenue.”

“Without that, this technology will not work, because you will keep building the fixed software, which has been the root cause of this problem.”

“If you're not using the technology yourself at least 10% of your time, then you're in the business of listening to other people tell you things that you don't know if it's true or not.”

“I'm a believer that the technology unlocks a lot more output and our ability to imagine things create and then go and create becomes not only cheaper, much more believable, but it requires people to really level up.”

“I think the technology in many, many industries is going to be commoditized... I think ultimately, I think most people are gonna have access to the same technology. So it'll be a tool and it'll help everybody, but it's not gonna be the thing, you know, it's no…”

“We just have this, like, fundamental view that technology is, like, on balance an enormously powerful force in the world, and basically that the big problem with the world is that there's, you know, there's not enough technology, there's not enough information…”

“So it basically turns out every new technology is greeted with what they call a moral panic, right? So and a moral panic basically is whatever this new technology is or this new form of media is, it's going to ruin everything. It's going to ruin everything. It…”

“The way you make a lot of money in technology is you centralize and control the value, but then you basically socialize or, like, throw off all the risk associated with it to the edge and let other people deal with it”

“Our whole job in technology is to change TAM, actually.”

“Technology often makes old business models even more powerful before it kills them.”

“But other than that, the packaging of a film or a television show or a record or a book is no different than the packaging of an idea for a digital company, for a company in technology. It's all the same. The founder's the creator. The VCs, the money in tech, …”

“The more operationally complex a business is, the more it's about distribution. The more it's about integration with source and with other pieces of software or content in the case of Navan or part of the ecosystem, the more the more it's in a regulated, this …”

“There are very few gold standard GCCs for technology. There are gold standard for GBS.”

“You can make a seven out of 10 solution to everything by copying the seven out of 10 that already outside in the market. But if you make from tabular erasers axions, your own version of it, you have mastery over, even if this is a six out of 10, you can iterat…”

“I'd argue that society is downstream of technology. Like we live in a, like there's a physics to technology and what we can do and how we can interact. Society is just, it comes from that. It doesn't dictate to that.”

“The only point of a startup or a business in general is to create profit margins above and beyond its cost of capital. And technology can be a very interesting means to that end, But it is only a means to that end. And just because your technology is mind-blow…”

“I think the technology people need to take time to understand how the real world works. And within that, how this technology can be, you know, subsumed. I think we tend to believe that our technology is, is the superset. Everyone else has to come and comply wi…”

“The very best businesses that leverage technology leverage it in a way where they use it to lower costs and drive revenue that result in them gaining 30% or more incremental market share in their end market, and then they take that unit economic advantage. And…”

“Do not define an objective which is designed to serve human beings without considering psychological factors, because you might be able to solve your problem very, very cheaply and efficiently by changing the psychology, not by changing the technology.”

“The, you know, magnitude and duration of the cycle is of the debate, but it introduces a duration mismatch where technology is often done on cycles that are, you know, one to two years, whereas energy is typically multi-year, even multi-decadal, depending on t…”

“All bubbles are born out of a truly transformative technology technology. And in all the previous bubbles they, The promise was spectacular. The short term was disappointing, and the long term delivered more than expected. But in that process, a lot of fortune…”

“Today, the information and the insight logic, that pyramid is upside down. Today, young people have much more information and insight on everything to do with technology and the impact of technology. In fact, the higher up you are on the value chain, the lower…”

“Cause of the classic classification of human beings is homo sapiens. I actually think we're homo techne because it's that iteration through technology.”

“About 50% of the private equity deal volume is in technology.”

“It's not going to be by sector or industry anymore. It is going to be by technology because technology is permeating every sector, every industry, and blurring the lines between them.”

“Technology can change the world and still be overvalued.”

“And I think that, so research benefits aside, I'm a big believer that society and technology have to co-evolve. It's, you can't just drop the thing at the end. It doesn't work that way. It is a sort of ongoing back and forth.”

“I expect, like, I expect some really bad stuff to happen because of the technology, which also has happened with previous technologies.”

“I think you have to love technology in order to go to the depth of understanding what's possible. And because it's off, oftentimes like the greatest ideas is truly innately understanding something and truly innately breaking constraints around that something b…”

“I think there's a tremendous amount of brain trust happening in Saudi Arabia and investment there in their movement to technology and their movement to you know Diversify their oil investments into other areas.”

“How now the interaction is shifting, where voice is this big interface for the technology around us.”

“I think the number that's quoted usually is like three percent ish of GDP, but 70% of that is on salaries and benefits and people, right? And then there's a good chunk that goes into facilities and buildings. And so by the time you get to like, what could you …”

“Whereas technology was once a pretty big moat that you could create, can't, it's not much of a moat anymore, because other folks can develop quickly, too. So what becomes more important now is networks and relationships.”

“And I'm worried that technology has the potential to exacerbate that without being deployed correctly and without having good Yeah, without having good policy around, around employment.”

“If you look at housing and healthcare, as Mena just said, like prices just go up, up, up to the right and any industry that technology has touched has gone down.”

“Real estate has not invested a ton in technology. So it hasn't gotten a lot of the efficiencies that, you know an internet company or, you know, a SaaS company Could achieve.”

“I cannot think of a single example where, you know, technology was banned and then costs went down. I think that just never happens.”

“So generally when technology is introduced, you see a surplus and most of that typically goes back to the consumer.”

“Realistically, I think technology is going to increase income inequality, increase the power law, increase the distribution, but also increase economic mobility.”