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Index Entry
Technology:
"I want you to think of yourself-- as a grand strategy-- saying: I just have this one life and I really have to do my own thinking. One of the things that impresses me very much is that we are operating in an era where there is a great deal of technology that has arrived. The phenomenon industry is operative.
"We were trying to account all the new technology in the terms of the agricultural accounting. I saw then that in the industrial equation, where you’re really dealing with the cumulative know-how of all of humanity, there is no such annual accounting season and this is forcing man to be shortsighted. Society was now dealing in new kinds of magnitudes of undertakings that should be thought of in very much larger blocks of years.
“In the industrial equation you might be at a machine making bolts but you couldn’t put bolts in your pocket and go and swap them for hamburgers. You found then that what really happened was that you came to a river that yesterday you couldn’t cross. There was a very great current; but suddenly there’s a bridge there-- and there were some of your bolts. I saw that the payoffs were very different and indirect in the new kind of technology that was coming upon us.”
