QOTD: Discontinuous Technological Change

March 11, 2011 10:30am by Barry Ritholtz

“Technological change is discontinuous. The monks in their scriptoria did not invent the printing press, horse breeders did not invent the motorcar, and the music industry did not invent the iPod or launch iTunes.”

– Jason Epstein

Source:
Books: Onward to the Digital Revolution
FEBRUARY 10, 2011
Jason Epstein
Review of Merchants of Culture: The Publishing Business in the Twenty-First Century by John B. Thompson
http://www.nybooks.com/articles/archives/2011/feb/10/books-onward-digital-revolution/

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