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For our story, Terman’s role was vital. He laid the groundwork for a new relationship between a university and business, which proved particularly relevant when computer science was later shown to have the potential to extract fortunes from the American economy. Because of Terman’s ideas, improved …

The way Terman saw it, the benefits to Stanford could flow in any number of ways. There were the significant payments from the government to cover overhead costs at the research labs; the expensive equipment donated by companies eager to encourage research related to their specific technologies; th…

McCarthy’s grand vision for domestic computing was notable for being anti-commercial. He predicted that greater access to information would promote intellectual competition, while “advertising, in the sense of something that can force itself on the attention of a reader, will disappear because it w…

[...] Silicon Valley investors and entrepreneurs taught the hackers to think of the people who used their products as assets to extract value from, rather than simple folk who through the kindness of programmers would learn about the infinite power of computers.

[...] it is wise to be suspicious of those who claim to pursue selflessly the prosperity of others even as they pursue their own. [...]