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Friday, February 14, 2003
Malone: Third Law of Technology - Michael S. Malone
Every technology revolution takes twice as long as we expected, and half as long as we are prepared for. If nobody else has already said that, call it Malone's Third Law. [The First, by the way, from about 1982, is: Whenever a company builds a new corporate headquarters, short the stock. The Second, from the mid-'90s, is: Any true technology revolution has its own underlying Law.] Everybody who has lived in the industrialized world over the last 50 years understands what the Third Law means. My first encounter with this peculiar property of modern life came in the early 1960s, with color television.
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