Archive for May 24th, 2009

Hodge: technological innovation is remarkable, and let’s remember that it’s usually done by private individuals/companies

Sunday, May 24th, 2009

Benjamin Hodge at Race42012.com:

While I write this, I’m listening to Switchfoot on iTunes on my new $40 Kensington bluetooth wireless headphones with the help of a $20 tiny bluetooth 2.0 USB adapter that can be permanently left in the USB port:

One the themes of life that didn’t really begin to sink in until a few years ago for me, with much help from sites like the Club for Growth and Mark Perry, was the fact that 98% of meaningful progress is due to technology; and that 98% of technology is developed by the private sector.  Quite literally, government and government programs that “do things for us” are virtually inconsequential, in the long run.