Although efficient markets people still go around saying there is a "mountain" of evidence supporting their hypothesis, the truth of the matter is that it's a very old mountain that's now eroding rapidly into the sea.
:That passed the time. : It would have passed in any case. :Yes, but not so rapidly.Samuel Beckett
... as the world rapidly becomes a civilization of machines, the masters of machines will increasingly be the ones in control of the world.
The function just found cannot, it is true, express rigorously the probabilities of the errors: for since the possible errors are in all cases confined within certain limits, the probability of errors exceeding those limits ought always to be zero, while our formula always gives some value. However, this defect, which every analytical function must, from its nature, labor under, is of no importance in practice, because the value of our function decreases so rapidly... that it can safely be considered as vanishing. Besides, the nature of the subject never admits of assigning with absolute rigor the limits of error.carl friedrich gauss
The new and the old methods complete one another on numerous points, and their simultaneous use will increase our knowledge of the outer atmosphere of the Sun much more rapidly.
With engineering, I view this year's failure as next year's opportunity to try it again. Failures are not something to be avoided. You want to have them happen as quickly as you can so you can make progress rapidly.gordon moore
We are rapidly entering the age of no privacy, where everyone is open to surveillance at all times; where there are no secrets from government.william o. douglas
While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States that is, prosperity.herbert hoover
By treating Napster as the copyright antichrist, the industry is simply insuring that the vector of Internet technological development will move rapidly toward a lawsuit-proof, free-for-all distributed network of file-sharing -- the very outcome the owners of intellectual property wish to avoid. How stupid can you get? ... The good news is that the brain-dead, colossally wasteful, artistically homogenizing old order of the recording industry is committing collective, time-delayed suicide in court.
Information management is a term which is being used increasingly to express the changing nature of library and information work. Based conceptually in information science it represents a convergence of the role claimed for the information scientist with that of the librarian who is rapidly embracing new techniques in order to cope with the information explosion.
In the the past thirty years, what is now known as the science of industrial management has grown from a scattered, almost formless beginning into a well-defined, rapidly developing structure. Today this science bids fair to outstrip in public importance and economic usefulness any one of the great sciences that have been applied to serve mankind. For the science of industrial management is the great super-science that takes mechanics, chemistry, physics, electricity, psychology; and Burbank-like, grafts them all into one great, productive, ever-bearing plant.
Avoid all refined speculations; confine yourself to simple reflections, and recur to them frequently. Those who pass too rapidly from one truth to another feed their curiosity and restlessness; they even distract their intellect with too great a multiplicity of views. Give every truth time to send down deep root into the heart.
The line it is drawn The curse it is cast The slow one now Will later be fast As the present now Will later be past The order is rapidly fadin’ And the first one now will later be last For the times they are a-changin’.
One of the most striking trends, since at least the 1960's, has been for employment in services to grow far more rapidly than employment in manufacturing. It is this trend that has led to the view that developed economies have become de-industrialized and that they are now effectively service economies.peter dicken