It's Not Easy To Remember, But Ibm

Why Do People Benefit In Inverse Proportion To Their Need? Well, Market Incentives Make That Happen.

The Typical Project Design Time For A Large Company Like Ibm - And They Keep Track Of This - Is A Little Over Four Years.

Sometimes We Do Get Taken By Surprise. For Example, When The Internet Came Along, We Had It As A Fifth Or Sixth Priority.

When I Was Trying To Figure Out Why Lives Have Improved So Much In The Last 300 Years, Where We've Gone From A Third Of Kids Dying Before 5 To - By 1990 It Was Down To 10% - Now It's Down To 5%. And Saying Why, Over All History, There Were Smart People, But That Number Didn't Change. Average Life Span Didn't Change. What's Magical About What's Been Deemed The Industrial Revolution? It's Really Energy Intensity.

At The End Of The Day, Natural-gas Peakers Sit Back There And Get Financed So That The Midwest Corridor Can Have A Huge [period] Of Four To Five Days Of No Wind. The Peakers Are Running Big Time To Make That Up, Because That Is The Swing Piece That Can Always Be Turned On.