Believe Quote by Michael Bloomberg
“I don't believe that government is good at picking technology, particularly technology that is changing. By the time you get it done and go through democracy, it's so outdated.”
About This Quote
Source Speech: Remarks on Technology Policy, Michael Bloomberg, 2018
Government processes are too slow to keep pace with rapid tech change, making them poor selectors of emerging technologies.
In simple terms: Governments lag behind tech trends.
Key Takeaway
Seek faster, market‑driven innovation.
Themes
government
technology
innovation
policy
Mood
cautious
critical
Type
political
analytical
When to use this quote
- startup investment
- venture capital
- industry partnerships
- policy labs
Key Concepts
public sector inertia
technology adoption
regulatory lag
Questions to Reflect On
- How can democratic processes accelerate tech decisions?
- What role should private sector play?
A Different Perspective
Political cycles delay timely tech adoption.
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![“The system [in U.S.] is designed for a two-party system. And those two parties have an interest in keeping third parties out. There's too much of the structure that works in the two-party way. They will keep the third party out.” quote by Michael Bloomberg](https://sms4smile.com/quotes/img-quotes/162/michael-bloomberg-1293_interest_the-system-in-u-s-is-designed-for-a-two_74462.jpg)
