Activity Quote by D.A. Wallach
“The reason I invest in technology is it's the only work humans do that actually is creative. All other types of economic activity are just moving money from one pool to another, whereas technology is what allows us to create value out of thin air.”
About This Quote
Source Interview: Tech Investment Forum, 2021
Technology uniquely creates value from nothing, unlike other sectors that merely transfer existing capital.
In simple terms: Tech creates new value; others move money.
Invest in creative tech ventures.
Themes
Mood
Type
When to use this quote
- startup funding
- R&D strategy
Key Concepts
Questions to Reflect On
- How does tech generate “thin air” value?
- What risks accompany creative tech?
Tech risks include unpredictable market shifts.