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Bangkok Quote by Jacques Chirac

“Never before has information been so important, to governments and businesses alike. And please don't imagine that some of you gathered here today may be less concerned than others. Globalization means that the "butterfly effect" is everywhere at work. The mistakes of a stockbroker in Singapore or…” quote by Jacques Chirac
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“Never before has information been so important, to governments and businesses alike. And please don't imagine that some of you gathered here today may be less concerned than others. Globalization means that the "butterfly effect" is everywhere at work. The mistakes of a stockbroker in Singapore or the collapse of the Baht in Bangkok, the decisions of a Finnish industrial concern, or what the Governor of Minas Gerais in Brazil decides to do about his State's debt, have had consequences for the world as a whole.”

Jacques Chirac

About This Quote

Source Speech: Globalization Forum, 2005

Information has become a critical global resource, linking economies and amplifying small actions into worldwide impacts.

In simple terms: Info is vital worldwide.

Key Takeaway

Leverage data responsibly.

Themes

globalization information interdependence economics policy

Mood

informative urgent

Type

political economic

When to use this quote

  • business strategy
  • government regulation
  • risk assessment
  • education

Key Concepts

systems theory network effects governance

Questions to Reflect On

  • How can we balance privacy and transparency?
  • What safeguards are needed?
A Different Perspective

Data overload can cause paralysis.

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