Cost Quote by John L. Flannery
“There will be no cost drag from digital by 2020.”
About This Quote
Source Speech: Annual Shareholder Meeting, GE, 2018
Digital technologies will no longer add extra expenses after 2020, implying cost neutrality.
In simple terms: Digital costs will disappear after 2020.
Key Takeaway
Expect zero extra cost from digital.
Themes
technology
cost management
future planning
Mood
optimistic
analytical
Type
predictive
strategic
When to use this quote
- budget planning
- IT investment
- strategic forecasting
Key Concepts
digital transformation
economies of scale
Questions to Reflect On
- How will firms verify cost neutrality?
- What risks could undermine this prediction?
A Different Perspective
Assumes perfect efficiency, which may be unrealistic.
![“[Photography is ] likewise even French impressionists. So the Sculls bought pop. It was politics, and they moved with it. And I think that could be happening, to some degree, with photography, too. It doesn't cost as much to do it, either.” quote by Garry Winogrand](https://sms4smile.com/quotes/img-quotes/2eb/garry-winogrand-2342_cost_photography-is-likewise-even-french-impr_2802.jpg)
