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Field was able to sell some stock at considerable profit, multiplying his substantial wealth. While again honored in New York and London, this time Congress gave him a unanimous vote of thanks and a specially minted medal. At forty-seven, he was considered one of the giants of his era. Peter Cooper, the great tycoon and philanthropist and an early partner in the cable venture, said in a magazine interview, “If any of the foremost men of our time had died, their places would have been filled, but Field did what no other man could do; he saved the scheme and brought victory out of despair.”
From Silk to Silicon
Jeffrey E. Garten
One definition of faith is the belief in something that can be neither proven nor seen. I’ve chosen to accept ideas about character, my nation, my family, and other things—many of which I’ve experienced incompletely or secondhand. But I can force myself to think about them, to challenge my understanding of these notions and do intellectual due diligence when I have the courage to do so. In other words, faith is an ever-evolving business that requires regular thought if it’s going to stand up to the daily vicissitudes of life.
On Character
Stanley McChrystal
Why is predictive logic so pervasive in our world? We think a major reason is our deep discomfort with randomness. Many experiments in psychology show that we see patterns where none exist, and we even think we have control over things that are, in fact, random.40,41 When people are forced to confront ran domness and the illusion of control breaks down, they look for ways to take back control.
AI Snake Oil
Arvind Narayanan and Sayash Kapoor
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