Epstein Secrets

w total up the benefit to the rest of us? The convenience, the efficiency, the benefits of Microsoft's billions of research spending might dwarf even Redmond’s massive profits. “Increasing returns,” Arthur wrote, “cause businesses to work differently and they stand many of our notions of how business opera

ther dangers: Leslie Lamport, “Computer Science and State Machines”, Contribution to a Festschrift honoring Willem-Paul de Roever on his retirement” (Redmond: Microsoft Research, 2008). In its entirety it runs: “Computer scientists collectively suffer from what I call the Whorfian syndrome—the confusion of

his phenomenon in the 1890s: “Diminishing Returns”. As any line of business gets more competitive, the profits - or “returns” to investment - shrink. Henry Ford invents a car, he has no competition at first and fairly prints money. But Ford doesn’t enjoy his monopoly for long. Pretty soon the Dodge brothers f

the future." "Well, for example, did you talk about information-highway software?" "it goes much deeper than that." At Microsoft's main office, in Redmond, a suburb of Seattle, I saw a demo of an early version of the company's operating software for the information-highway machine, in which the user p

390 It is often said by Gates' detractors that he has never invented anything, and this is true in a sense, but you could say the same thing about Henry Ford. When the Model T appeared, in 1908, it was by no means the best car on the mad, but it worked well enough, and it was affordable and easy to produ

uture." "Well, for example, did you talk about information-highway software?" =/p> "It goes much deeper than that." At Microsoft's main office, in Redmond, a suburb of Seattle, I saw a demo of an early version of the company's operating software for the information-highway machine, in which the user po

ht. It is often said by Gates' detractors that he has never invented anything, and this is true in a sense, but you could say =the same thing about Henry Ford. When the Model T appeared, in 1908, it =was by no means the best car on the road, but it worked well enough, and it was affordable and easy to prod

uture." "Well, for example, did you talk about information-highway software?" =/p> "It goes much deeper than that." At Microsoft's main office, in Redmond, a suburb of Seattle, I saw a demo of an early version of the company's operating software for the information-highway machine, in which the user po

ht. It is often said by Gates' detractors that he has never invented anything, and this is true in a sense, but you could say =the same thing about Henry Ford. When the Model T appeared, in 1908, it =was by no means the best car on the road, but it worked well enough, and it was affordable and easy to prod