Tuesday, September 16, 2003

I have to admire Scott McNealy for expressing such strong support for strong competition in this interview.
Market discipline is very aggressive, very strong and very precise in who it clobbers -- those who don't perform. There's only one blemish in capitalism and that is when market discipline is lost to a monopolist.
Still, he wants the law to help him against his major competitor, so it's a convenient position in his case. The interviewer rubs this in a little, saying "You talked about the beauty of the Darwinian marketplace and right now the market is beating you up. " It's a fairly interesting interview ranging from technology execution and vision through stock prices to the recall election. Although why it matters what Scott McNealy thinks of the recall election, I don't know. My favourite bit is his answer on employing programmers:
Q: I'm wondering who's going to employ all the American workers.


A: You sound like a piano player in the old days when there were 35,000 piano players playing in the front of every movie theater when they had silent movies. You're saying, "Who's going to employ all of us now that they have sound embedded in the films?"


Gang, we've got brains. There'll be lots to do.


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