Internet Quotes
The metaverse is a vision that spans many companies - the whole industry. You can think about it as the successor to the mobile internet.
You can think about the metaverse as an embodied internet, where instead of just viewing content - you are in it. And you feel present with other people as if you were in other places, having different experiences that you couldn't necessarily do on a 2D app or webpage, like dancing, for example, or different types of fitness.
There's so much stuff that has yet to be invented. There's so much new that's going to happen. People don't have any idea yet how impactful the internet is going to be and that this is still Day 1 in such a big way.
The Internet is disrupting every media industry...people can complain about that, but complaining is not a strategy. And Amazon is not happening to book selling, the future is happening to book selling.
If there's one reason we have done better than of our peers in the Internet space over the last six years, it is because we havefocused like a laser on customer experience.
Am I going to regret leaving Wall Street? No. Will I regret missing the beginning of the Internet? Yes.
If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet,they can each tell 6,000 friends.
I was working at a financial firm in New York City with a bunch of very smart people, and I had a brilliant boss who I much admired. I went to my boss and told him I wanted to start a company selling books on the Internet. He took me on a long walk in Central Park,listened carefully to me, and finally said, "That sounds like a really good idea, but it would be an even better idea for someone who didn't already have a good job."
I wanted to project myself forward to age 80 and say, 'OK, I'm looking back on my life. I want to minimise the number of regrets I have.' And I knew that when I was 80, I was not going to regret having tried this. I was not going to regret trying to participate in this thing called the Internet that I thought was going to be a really big deal.
People forget already how much utility they get out of the Internet - how much utility they get out of email, how much utility they get out of even simple things like brochureware online.
There's so much kludge, so much terrible stuff, we are at the 1908 Hurley washing machine stage with the Internet. That's where we are. We don't get our hair caught in it, but that's the level of primitiveness of where we are. We're in 1908.
On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.
We look forward to working alongside internet companies, but indeed, if they do not choose to act, we will be forced to continue to act in ways that protect Canadians and we will have more to say about the kinds of tools we will be using in the coming weeks and months. They have to step up in a major way to counter disinformation. And if they don't, we will hold them to account, and there will be meaningful financial consequences.
The Internet has been the most fundamental change during my lifetime and for hundreds of years.
The internet offers immense possibilities for encounter and solidarity. This is something truly good, a gift from God.
I think there are too many smart people pursuing internet stuff, finance, and law. That is part of the reason why we haven't seen as much innovation.
I thought about the things that will truly affect humanity. I came up with three: the internet, sustainable energy and space travel.
So I guess I'm just very worried that with Internet privacy, we're doing the same thing we're doing with medical records, is we're throwing out the baby with the bathwater, and we're not really thinking about the tremendous good that can come from people sharing information with the right people in the right ways.
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