Choices Quote by Robert Reich
“Technology enables consumers and investors to have extraordinary choice and ease of switching, which, in turn, stimulates much fiercer competition than ever before, which, in turn, makes it imperative for every institution to innovate like mad. That innovation is powering our economy these days, and it requires companies to find and utilize creative workers. That's the most important syllogism going; technology is embedded in that syllogism, but it's not as if we're seeing these productivity gains because of the technology.”
About This Quote
Source Speech: Economic Forum, 2015
Technology expands choice and competition, demanding relentless innovation; however, productivity gains stem from creative human effort, not just tech itself.
In simple terms: Innovation must be human‑driven.
Key Takeaway
Invest in creative talent.
Themes
economics
technology
innovation
Mood
analytical
optimistic
Type
economic
business
When to use this quote
- business strategy
- policy making
- R&D management
- career planning
Key Concepts
creative labor
productivity
market dynamics
Questions to Reflect On
- How can firms nurture creativity at scale?
- What policies best support creative workers?
A Different Perspective
May overlook systemic barriers to innovation.
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