I love my life. I love being an inventor.
The world is littered with corpses that predicted technology in a particular arena was done. If there's another gigantic step change out there, we don't yet know what it is.
I try to spend my time on areas that I think are important for the future, and where I think I can add value.
I'm skeptical that the novel will be "reinvented." If you start thinking about a medical textbook or something, then, yes, I think that's ripe for reinvention. You can imagine animations of a beating heart. But I think the novel will thrive in its current form. That doesn't mean that there won't be new narrative inventions as well. But I don't think they'll displace the novel.
There are a whole bunch of people who don't like to shop. But there are also people, maybe, who even do like to shop but are very time pressured. And so shopping online can save people time.
If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
If you're not doing something that people will remark on, then it's going to be hard to generate word of mouth.
I definitely believe people should pay for copyrighted works. And the laws are sufficient: They already require you to pay for copyright work. There's no confusion. The problem is...it's a heck of a lot easier to steal MP3s than to buy them.
Lowering prices is easy. Being able to afford to lower prices is hard.
If you're going to invest in an Internet stock, you must be a long-term investor.
The three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology.
I think if people read more, that is a better world.
One of the things that gets me up in the morning is knowing that customer expectations are always rising, and I find that very exciting.
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