The proverbial best minds do not go into soil science and do not try their hand at making better cement; instead they are attracted to dealing with disembodied information, now just streams of electrons in myriads of microdevices. From lawyers and economists to code writers and money managers, their disproportionately high rewards are for work comp

What skeptics are struggling to point out is that new systems, for the most part, don’t deliver on the promises that were made at the time of their purchase. This is not to say they do not end up delivering value, but rather that the value they actually deliver is not often anticipated at the time of purchase. If this is true—and to some degree I b

On another level, the story of the New Internet is a story of individuals and their psychologies. Over the last decade, technology workers have opened themselves up to a tremendous amount of value drift (the process in which previously steadfast values are compromised over time).