Technological Progress Quotes

Once computers can program, they basically take over technological progress because already, today, the majority of technological progress is run by software, by programming.

Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.

Our entire much-praised technological progress, and civilization generally, could be compared to an axe in the hand of a pathological criminal.

Technology… the knack of so arranging the world that we don’t have to experience it.

I realized that the future of aviation, to which I had devoted so much of my life, depended less on the perfection of aircraft than on preserving the epoch-evolved environment of life, and that this was true of all technological progress.

More and more I come to value charity and love of one’s fellow being above everything else…All our lauded technological progress-our very civilization-is like the axe in the hand of the pathological criminal.

Technological progress has merely provided us with more efficient means for going backwards.

What I try to focus on is not to try to stop the march of technological progress. Instead, I try to run faster. If Amazon knows you better than you know yourself, then the game is up.

Some people think it’s a law that when productivity goes up, everybody benefits. There is no economic law that says technological progress has to benefit everybody or even most people. It’s possible that productivity can go up and the economic pie gets bigger, but the majority of people don’t share in that gain.

Progress is impossible without change; and those who cannot change their minds cannot change anything.

In the developed world, technological progress means that you can have a situation where there’s growth, where there’s a way in which everybody can be better off over time.

Because of the disruption phenomenon – technological progress outstripping the ability of customers to utilize it – the general tendency is for the money to migrate toward the subsystems.

The debt austerity would not be problems if we had technological progress. If you doubled the debt in the U.S., and the size of the economy doubled because of technological progress and growth, the two would roughly cancel out and it would all be a totally manageable situation.

We presumably believe that most of the technological progress over the arc of humanity to date has been good. I don’t see any argument to go back to 1600.

[We] assume that social progress is like technological progress: one cannot uninvent the internal combustion engine, so how could one uninvent liberty?

Technological progress is like an axe in the hands of a pathological criminal.

There might be new technology, but technological progress itself was nothing new – and over the years it had not destroyed jobs, but created them.

I’m serenely convinced that we are heading into what will amount to a time out from technological progress as we know it.

I’m in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it’s an incredibly important variable for creating more prosperity.