Sunday, January 11, 2004
Legg Mason Conference Transcripts

[via Yuvaraj Galada] Here. Read/watch Bill Gurley and Jeff Bezos on IT and the Internet, respectively. Both draw upon history in a rich story-telling format.

Gurley: "(1) Evolution is a model or decent metaphor to think about business, and companies evolve with their tools. (2) technologies are business weapons, but there are no guarantees. (3) You can't choose not to play without risking extinction-heading out onto the field with a wooden racquet is a really bad idea."

Bezos: "I personally believe that with respect to the Internet we are at about the 1908 Hurley Washing Machine stage...We haven't invented the equivalent of the off switch, we haven't invented the electric outlet, people are still having to choose between phone calls and using their web browser...As the fundamental technology advances, as disk drives become even cheaper, as bandwidth becomes even cheaper, as CPUs become even cheaper, as the raw ingredients in our business continue to get cheaper and cheaper we will layer on top of that innovation to figure out how to take the now much cheaper raw ingredients and do something special that actually serves customers...What I see is that the rate of innovation on the Internet in general to my eye appears to be accelerating rather than decelerating. I don't know how long that will continue. I think it's very early, and we're basically in 1908."

Management | PermaLink | Comments (6)

Thanks for the Link.. Jeff Bezos always amazes me - everytime he talks - he brings a fresh perspective - Is there a pointer where all of known "Bezos talk" is available. This piece from Bezos is again interesting.

Posted by Sadagopan

Thanks for the link. Jeff Bezos never fails to amaze in his thoughts and actions. Is there a pointer to all known "Bezos Talk" available somewhere. Like every other piece - this one by Bezos is indeed interesting.

Posted by Sadagopan

Good Morning,

I ran across your site and spent much of my time for the past hours reading all I could consume. Your have a superior and refreshing site, packed with underlying humor and truth. The bill Gates story got me, and ironically, I need to write or telephone him in a business proposition. Obviously, in regards to the computer world we live in today but an idea I have, that no one has yet thought of to my best of knowledge. Do you have his address or telephone number, as I am bold enough to do so? I again, am quite impressed with your site, and please list me on your list of readers. I send my best regards to you,

Janice a. Puskar
JaniceZP@aol.com
Sure hope to hear from you!

Posted by Jan Puskar

People who do not think far enough ahead inevitably have worries near at hand.

Posted by Lowther Tori

If you save the world too often, it begins to expect it.

Posted by Levy Matt

Everyone is born with genius, but most people only keep it a few minutes.

Posted by Bradford Evonne Lack
Munnabhai MBBS

Its not often that I see Hindi movies (or English, for that matter) and recommend one to others. But you've just got to see "Munnabhai MBBS." I haven't laughed like this in a long while. Sanjay Dutt is quite brilliant, as are the other key characters (his sidekick Circuit and the hospital-college Dean). The story may have been inspired by Patch Adams, but it doesn't make a difference - this one is as original as you get in Hindi movies! So, watch the movie, laugh and tell others to do the same.

General | PermaLink | Comments (2)

I too dont watch too many Hindi movies.. But I too liked Munnabhai MBBS. Rs. 100 well spent.

The Last Samurai is also pretty good, got to watch it yesterday night.

Cheers,
Dhar

Posted by Sumit Dhar

Last Samurai,

taking is all good, but i kind of fet that the climax is stupid. I put a review here.

Posted by Ramdhan Kotamaraja
Linguistics and Thinking

The Economist writes that "languages may be more different from each other than is currently supposed. That may affect the way people think."


A project that Dr David Gil, a researcher at the Max Planck Institute for Evolutionary Anthropology, in Leipzig, is just beginning in Indonesia, in collaboration with Lera Boroditsky, a researcher at the Massachusetts Institute of Technology, is examining correlations between the way concepts are expressed in languages and how native speakers of these languages think. This is a test of a hypothesis first made by Benjamin Lee Whorf, an early 20th-century American linguist, that the structure of language affects the way people think. Though Whorf's hypothesis fell into disfavour half a century ago, it is now undergoing something of a revival.

Dr Boroditsky's experiment is simple. People are shown three pictures, one of a man about to kick a ball, one of the same man having just kicked a ball, and a third of a different man who is about to kick a ball. They are then asked which two of the three are the most similar. Indonesians generally choose the first two pictures, which have the same man in them, while English speakers are likely to identify the two pictures that show the ball about to be kicked—an emphasis on the temporal, rather than the spatial, relationship between the principal objects in the picture.

Dr Gil believes that this might be because time is, in English, an integral grammatical concept—every verb must have a tense, be it past, present or future. By contrast, in Indonesian, expressing a verb's tense is optional, and not always done. In support of Whorf's idea, Dr Gil half-jokingly cites the fact that Indonesians always seem to be running late. But there is more systematic evidence, too. For example, native Indonesian speakers who also speak English fall between the two groups of monoglots in the experiment. Dr Gil supposes that their thought processes are influenced by their knowledge of both English and Indonesian grammar.

Demonstrating any sort of causal link would, nevertheless, be hard. Indeed, the first challenge the researchers must surmount if they are to prove Whorf correct is to show that English and Indonesian speakers do, in fact, think differently about time, and are not answering questions in different ways for some other reason. If that does prove to be the case, says Dr Gil, their remains the thorny question of whether it is the differences in language of the two groups that influences their conception of time, or vice versa.

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