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Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy by George Gilder
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Life After Google Quotes Showing 1-30 of 40
“In the Google era, Newton’s system of the world—one universe, one money, one God—is now in eclipse. His unitary foundation of irreversible physics and his irrefragable golden money have given way to infinite parallel universes and multiple paper moneys manipulated by fiat. Money, like the cosmos, has become relativistic and reversible at will.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Money is not a magic wand but a measuring stick, not wealth but a gauge of it.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Midas’s error was to mistake gold, wealth’s monetary measure, for wealth itself. But wealth is not a thing or a random sequence. It is inextricably rooted in hard won knowledge over extended time.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“The blind spot of AI is that consciousness does not emerge from thought; it is the source of”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“actual brains, which turn out be much more like sensory processors than logic machines.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Aim at performance, and low cost will follow. Aim at low cost, and you will not achieve sufficient performance to have an enduring business. After a sufficient system is devised, demand will foster economies of scale and learning curves that bring the price down over time.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Alphabet, is worth nearly $800 billion, only about $100 billion less than Apple. How do you get rich by giving things away? Google does it through one of the most ingenious technical schemes in the history of commerce. Page’s and Brin’s crucial insight was that the existing advertising system, epitomized by Madison Avenue, was linked to the old information economy, led by television, which Google would overthrow.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Even though bitcoin may not, after all, represent the potential for a new gold standard, its underlying technology will unbundle the roles of money. This can finally clarify and enable the necessary distinction between the medium of exchange and the measuring stick. Disaggregated will be all the GAFAM (Google, Apple, Facebook, Amazon, Microsoft conglomerates)—the clouds of concentrated computing and commerce.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“The . . . argument of the expert, that the man who is trained should be the man who is trusted, would be absolutely unanswerable if it were really true that the man who studied a thing and practiced it every day went on seeing more and more of its significance. But he does not. He goes on seeing less and less of its significance”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Thesis Number 23: “The power of government should not be used to compel everyone to learn the same things in the same way at the same place at the same pace at the same age.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Well then,” I said, “let’s get beyond the gossip and into the heart of the matter, the nub of the mystery. None of your disciples, from Marc Andreessen to Nick Szabo—has fully explained it. They prefer to talk of the ‘Byzantine Generals’ problem” or the double-spending conundrum or remembered lessons and lemmas from computer science classes. Even, if I may say so—my time with you being limited—even you yourself. You fail to illuminate the inner sanctums of your system.” “The ‘inner sanctums’? Bitcoin is a currency and a payment network, not a religion. What do you mean by ‘sanctums’?” “I mean the place or the process—I don’t know which—where your empty bits become valuable coins. Where and how does the transubstantiation occur? Is it in the ‘mine’? Or in the ‘mint’? How does it happen? Alchemy? Magic? Hope and change? Overclock your CPUs and GPUs, plunge them into the ice of liquid nitrogen, and prove your useless work? Then you just may win some chump change of coins that don’t even clink or tinkle?” I have to admit today that the chump change has been piling up.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“the world—have been sucked up into the phantasmagorical pages of a novel by Neal Stephenson, the shy West Coast”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Dmitry Buterin introduced his son to bitcoin, and Robert Russell, now CFO of Luminar, pushed Austin ahead in optics.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“heaped on the hapless American student to pay for a bloated academic establishment”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Thinking is conscious, willful, imaginative, and creative. A computer running at gigahertz speeds and playing a deterministic game like chess or Go is only a machine.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“The intellectuals of this era are simply blind to the reality of consciousness. Consciousness is who we are, how we think, and how we know.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“When Homo sapiens came along, after all, the Neanderthals had a hard time, and virtually all animals were subdued. The lucky ones became pets, the unlucky lunch.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Google after acquiring intimate knowledge of its technology may make a thousand-fold return over five to seven years. A firm such as Renaissance might make a thousand trades in a day harvesting the tiniest anomalies. With modest leverage and relentless twenty-four-hour trading around the globe,”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“after extracting the industry’s highest fees—a vertiginous 5 percent of money under management and 44 percent of the profits—the Medallion Fund was said to be up 80 percent.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Renaissance’s Medallion Fund has reportedly averaged a yield of roughly 40 percent every year, through up and down markets,”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“mollusks”—Einstein’s word for entities in a relativistic world.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Google offers to its “customers” is free. Internet searches are free. Email is free. The vast resources of the data centers, costing Google an estimated thirty billion dollars to build, are provided essentially for free. Free is not by accident. If your business plan is to have access to the data of the entire world, then free is an imperative.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Yet I believe the Google system of the world will fail, indeed be swept away in our time (and I am seventy-eight!). It will fail because its every major premise will fail.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“Turing showed that just as the uncertainties of physics stem from using electrons and photons to measure themselves, the limitations of computers stem from recursive self-reference. Just as quantum theory fell into self-referential loops of uncertainty because it measured atoms and electrons using instruments composed of atoms and electrons, computer logic could not escape self-referential loops as its own logical structures informed its own algorithms.12”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy
“In his eighteenth-century system of the world, Newton brought together two themes. Embodied in his calculus and physics, one Newtonian revelation rendered the physical world predictable and measurable. Another, less celebrated, was his key role in establishing a trustworthy gold standard, which made economic valuations as calculable and reliable as the physical dimensions of items in trade.”
George Gilder, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy

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