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 By the time you get it done and go through democracy, it's so outdated.


I don't believe that government is good at picking technolog

Summary

This quote suggests that government is not efficient in selecting technology, especially when it is rapidly evolving. The speaker implies that government processes, such as decision-making and implementing technology, are time-consuming and hindered by democratic procedures, eventually leading to outdated choices. The quote implies that government intervention in technological matters may not keep pace with advancements, highlighting the potential inefficiencies and ineffectiveness in the government's ability to adapt to rapidly changing technological landscapes.

By Michael Bloomberg
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