Tag: Innovation
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As for new ideas of any kind – no matter how ultimately profitable or otherwise successful some of them might prove to be – there is no leeway for such chancy trial, error, and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
Jane Jacobs, The Death and Life of Great American Cities -
Let us remember that the automatic machine, whatever we may think of any feelings it may have or may not have, is the precise economic equivalent of slave labour. Any labour which competes with slave labour must accept the economic conditions of slave labour. It is perfectly clear that this will produce an unemployment situation, in comparison with which the present recession and even the depression of the thirties will seem a pleasant joke. This depression will ruin many industries – possibly even the industries which have taken advantage of the new potentialities. However, there is nothing in the industrial tradition which forbids an industrialist to make a sure and quick profit, and to get out before the crash touches him personally.
Norbert Wiener, The Human Use of Human Beings: Cybernetics and Society -
We have a good deal of experience as to how the industrialists regard a new industrial potential. Their whole propaganda is to the effect that it must not be considered as the business of the government but must be left open to whatever entrepreneurs wish to invest money in it. We also know that they have very few inhibitions when it comes to taking all the profit out of an industry that there is to be taken and then letting the public pick up the pieces. This is the history of the lumber and mining industries, and is part of what we have called in another chapter the traditional American philosophy of progress.
Under these circumstances, industry will be flooded with the new tools to the extent that they appear to yield immediate profits, irrespective of what long-time damage they can do.
Norbert Wiener, The Human Use of Human Beings: Cybernetics and Society