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When ATM machines came out and people were prosecuted for…

“When ATM machines came out and people were prosecuted for robbing ATM machines, I don't think anybody thought the banks were against technology because they didn't want their ATM machines lifted.” quote by Hilary Rosen
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“When ATM machines came out and people were prosecuted for robbing ATM machines, I don't think anybody thought the banks were against technology because they didn't want their ATM machines lifted.”

Hilary Rosen

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

People were punished for stealing ATMs, yet banks didn't resist the technology; they simply wanted to protect assets.

In simple terms: Banks didn't oppose ATMs, they protected them.

Key Takeaway

Recognize tech adoption vs. asset protection.

Themes

technology law banking crime

Mood

cautious pragmatic

Type

policy legal

When to use this quote

  • financial services
  • crime prevention
  • technology policy

Key Concepts

asset protection technology adoption legal enforcement

Questions to Reflect On

  • What drives corporate resistance to new tech?
  • How to balance innovation with security?
A Different Perspective

Banks may resist tech that threatens profit, not just security.

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