--- title: "Meaning & Key Takeaway of: The spread of information technology and…" description: "\"The spread of information technology and the long-term decline in the cost of computing power have created opportunities that simply did not exist befo..." image: "https://sms4smile.com/quotes/i/7c3/john-mcdonnell-5730_computers_the-spread-of-information-technology-and_335587.jpg" --- # The spread of information technology and the long-term… ![“The spread of information technology and the long-term decline in the cost of computing power have created opportunities that simply did not exist before. Airbnb, for example, could not have existed before the Internet.” quote by John McDonnell](https://sms4smile.com/quotes/i/7c3/john-mcdonnell-5730_computers_the-spread-of-information-technology-and_335587.jpg) [Download](https://sms4smile.com/quotes/i/7c3/john-mcdonnell-5730_computers_the-spread-of-information-technology-and_335587.jpg) [Open image](https://sms4smile.com/quotes/i/7c3/john-mcdonnell-5730_computers_the-spread-of-information-technology-and_335587.jpg) > “The spread of information technology and the long-term decline in the cost of computing power have created opportunities that simply did not exist before. Airbnb, for example, could not have existed before the Internet.” [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Advances in IT and cheaper computing have birthed new business models like Airbnb, which were impossible before the digital era. **In simple terms:** Tech progress creates new market possibilities. Key Takeaway Embrace emerging tech to innovate. Themes technology innovation economics Mood optimistic forward‑looking Type analytical inspirational When to use this quote - starting tech startups - investing in AI - adapting to digital change Key Concepts digital transformation disruption platform economies Questions to Reflect On - What emerging technology could reshape your industry? - How can you prepare for tech-driven disruption? A Different Perspective Rapid tech change can outpace regulation and workforce readiness. ★ ★ ★ ★ ★ No ratings yet [Computers](https://sms4smile.com/quotes/about/computers/) [Information technology](https://sms4smile.com/quotes/about/information-technology/) [Internet](https://sms4smile.com/quotes/about/internet/) [Power](https://sms4smile.com/quotes/about/power/) [Technology](https://sms4smile.com/quotes/about/technology/) ## Related quotes > [I love tennis, and I think it's created so many opportunities.](https://sms4smile.com/quotes/jessica-pegula/i-love-tennis-and-i-think-it-s-created-so-many-opportunities/) [Jessica Pegula](https://sms4smile.com/quotes/author/jessica-pegula/) > [“Just Show Up. Guess what? Being in the right place at the right time can’t happen without your first showing up. Companies have been…](https://sms4smile.com/quotes/susan-c-young/just-show-up-guess-what-being-in-the-right-place-at-the-right-time/) [Susan C. Young](https://sms4smile.com/quotes/author/susan-c-young/) > [We over estimate technology in the short term and under estimate technology in the long term.](https://sms4smile.com/quotes/arthur-c-clarke/we-over-estimate-technology-in-the-short-term-and-under-estimate/) [Arthur C. Clarke](https://sms4smile.com/quotes/author/arthur-c-clarke/) > [I'm going to be in technology for a long time.](https://sms4smile.com/quotes/eric-lefkofsky/i-m-going-to-be-in-technology-for-a-long-time/) [Eric Lefkofsky](https://sms4smile.com/quotes/author/eric-lefkofsky/) > [Technology has long been the driver of growth in the music business from the invention of lacquers, eight-track players, vinyl, cassettes and CDs.](https://sms4smile.com/quotes/troy-carter/technology-has-long-been-the-driver-of-growth-in-the-music-business/) [Troy Carter](https://sms4smile.com/quotes/author/troy-carter/) > [I don't see anything wrong with technology as long as it doesn't interfere with your life.](https://sms4smile.com/quotes/kathleen-turner/i-don-t-see-anything-wrong-with-technology-as-long-as-it-doesn-t/) [Kathleen Turner](https://sms4smile.com/quotes/author/kathleen-turner/) > [A lot of the progress in machine learning - and this is an unpopular opinion in academia - is driven by an increase in…](https://sms4smile.com/quotes/andrew-ng/a-lot-of-the-progress-in-machine-learning-and-this-is-an-unpopular/) [Andrew Ng](https://sms4smile.com/quotes/author/andrew-ng/) > [I think computing power is ready to do 3D justice. 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That doesn't mean that they are brains, but it means…](https://sms4smile.com/quotes/seth-shostak/by-2020-most-home-computers-will-have-the-computing-power-of-a-human/) [Seth Shostak](https://sms4smile.com/quotes/author/seth-shostak/) > [The accumulated knowledge of materials, computing, electromagnetism, product design, and all the rest that we've learned over the last several centuries converts a few…](https://sms4smile.com/quotes/ramez-naam/the-accumulated-knowledge-of-materials-computing-electromagnetism/) [Ramez Naam](https://sms4smile.com/quotes/author/ramez-naam/) > [“I suspect that if we can build such ultra-intelligent machines, then the first one will be severely limited by the software we’ve written for…](https://sms4smile.com/quotes/max-tegmark/i-suspect-that-if-we-can-build-such-ultra-intelligent-machines-then/) [Max Tegmark](https://sms4smile.com/quotes/author/max-tegmark/) > [A typical smart phone has more computing power than Apollo 11 when it landed a man on the moon.](https://sms4smile.com/quotes/nancy-gibbs/a-typical-smart-phone-has-more-computing-power-than-apollo-11-when-it/) [Nancy Gibbs](https://sms4smile.com/quotes/author/nancy-gibbs/) ## More by John McDonnell > [Going to university is, and should be, so much more than a mechanical process of grinding out a degree qualification for a pre-determined career…](https://sms4smile.com/quotes/john-mcdonnell/going-to-university-is-and-should-be-so-much-more-than-a-mechanical/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [The arrogant view that young people don't count because they don't vote has thankfully been smashed for ever.](https://sms4smile.com/quotes/john-mcdonnell/the-arrogant-view-that-young-people-don-t-count-because-they-don-t/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [Well organised displays of spontaneous support is one of the New Labour machine's specialities.](https://sms4smile.com/quotes/john-mcdonnell/well-organised-displays-of-spontaneous-support-is-one-of-the-new/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [Labour will only survive in government if we can restore the sense of mission upon which it was founded.](https://sms4smile.com/quotes/john-mcdonnell/labour-will-only-survive-in-government-if-we-can-restore-the-sense-of/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [When I left school I went onto the shop floor, working 12-hour shifts in a TV factory. 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Undermining basic civil liberties by locking people up for long periods without…](https://sms4smile.com/quotes/john-mcdonnell/there-are-some-lines-in-the-sand-you-just-do-not-cross-undermining/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [Political rivalry is one thing but personal smear campaigns scrape the barrel of political infighting.](https://sms4smile.com/quotes/john-mcdonnell/political-rivalry-is-one-thing-but-personal-smear-campaigns-scrape/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [No cause is worth the loss of a child's life.](https://sms4smile.com/quotes/john-mcdonnell/no-cause-is-worth-the-loss-of-a-child-s-life/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [The illegal 2003 invasion had little to do with liberating Iraqis from Saddam Hussein's dictatorship. Instead, the real freedoms and benefits were destined to…](https://sms4smile.com/quotes/john-mcdonnell/the-illegal-2003-invasion-had-little-to-do-with-liberating-iraqis/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [We want to be absolutely clear to the people what we are about. No backroom deals whatsoever and we're not going to be held…](https://sms4smile.com/quotes/john-mcdonnell/we-want-to-be-absolutely-clear-to-the-people-what-we-are-about-no/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) > [Meeting the challenges of the future requires a state that can think and act strategically.](https://sms4smile.com/quotes/john-mcdonnell/meeting-the-challenges-of-the-future-requires-a-state-that-can-think/) [John McDonnell](https://sms4smile.com/quotes/author/john-mcdonnell/) [Explore all 100 John McDonnell quotes ](https://sms4smile.com/quotes/author/john-mcdonnell/) ## More Computers quotes > [I don't understand why we're all connected wirelessly via a little machine that goes in our pocket, to everybody in the world, and you…](https://sms4smile.com/quotes/jon-m-chu/i-don-t-understand-why-we-re-all-connected-wirelessly-via-a-little/) [Jon M. 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Pause](https://sms4smile.com/quotes/john-green/issac-i-dislike-living-in-a-world-without-augustus-waters-computer-i/) [John Green](https://sms4smile.com/quotes/author/john-green/) > [“Note found in the patron suggestion box: "You have SIGNS up near the computers that say BE QUIET, but people don't be quiet. They…](https://sms4smile.com/quotes/gina-sheridan/note-found-in-the-patron-suggestion-box-you-have-signs-up-near-the/) [Gina Sheridan](https://sms4smile.com/quotes/author/gina-sheridan/) > [“You weren't born to be a cog in the giant industrial machine. You were trained to become a cog. There's an alternative available to…](https://sms4smile.com/quotes/seth-godin/you-weren-t-born-to-be-a-cog-in-the-giant-industrial-machine-you-were/) [Seth Godin](https://sms4smile.com/quotes/author/seth-godin/) > [If you stood me in a costume next to a computer graphic of the same-looking character, I think there would be a difference. And…](https://sms4smile.com/quotes/warwick-davis/if-you-stood-me-in-a-costume-next-to-a-computer-graphic-of-the-same/) [Warwick Davis](https://sms4smile.com/quotes/author/warwick-davis/) > [The corporate state is an immensely powerful machine, ordered, legalistic, rational, yet utterly out of human control, wholly and perfectly indifferent to any human…](https://sms4smile.com/quotes/charles-a-reich/the-corporate-state-is-an-immensely-powerful-machine-ordered/) [Charles A. Reich](https://sms4smile.com/quotes/author/charles-a-reich/) > [The display is the computer.](https://sms4smile.com/quotes/jen-hsun-huang/the-display-is-the-computer/) Jen-Hsun Huang > [The popular mind often pictures gigantic flying machines speeding across the Atlantic carrying innumerable passengers in a way analogous to our modern steam ships.…](https://sms4smile.com/quotes/william-henry-pickering/the-popular-mind-often-pictures-gigantic-flying-machines-speeding/) William Henry Pickering > [“Alan Turing proposed the Turing Test: a computer is intelligent if you can't tell it from a human when you talk with it. No…](https://sms4smile.com/quotes/cjs-hayward/alan-turing-proposed-the-turing-test-a-computer-is-intelligent-if-you/) [CJS Hayward](https://sms4smile.com/quotes/author/cjs-hayward/) > [Computers can be taught that certain tune or certain chords changes will sound pleasant together, but I don't think it's going to reach a…](https://sms4smile.com/quotes/bonobo/computers-can-be-taught-that-certain-tune-or-certain-chords-changes/) [Bonobo](https://sms4smile.com/quotes/author/bonobo/) > [Can you imagine any better example of divine creative accomplishment that the consummate flying machine that is a bird? The skeleton, very flexible and…](https://sms4smile.com/quotes/guy-murchie/can-you-imagine-any-better-example-of-divine-creative-accomplishment/) [Guy Murchie](https://sms4smile.com/quotes/author/guy-murchie/) > [“According to this model, human beings are, at least in one aspect, sensation-receiving machines; and although our receptory apparatus is competent to select and…](https://sms4smile.com/quotes/cruce-stark/according-to-this-model-human-beings-are-at-least-in-one-aspect/) Cruce Stark > [As in any machine, all the wires must be connected to the mains through one main wire. In the same way, you all must…](https://sms4smile.com/quotes/nirmala-srivastava/as-in-any-machine-all-the-wires-must-be-connected-to-the-mains/) [Nirmala Srivastava](https://sms4smile.com/quotes/author/nirmala-srivastava/) [Browse all 9,389 Computers quotes ](https://sms4smile.com/quotes/about/computers/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The spread of information technology and the long-term decline in the cost of computing power have created opportunities that simply did not exist before. 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