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"Although computer memory is no longer expensive, there's always a finite size buffer somewhere. When a big piece of news arrives, everybody sends a message to everybody else, and the buffer fills."
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"Part of the inhumanity of the computer is that, once it is competently programmed and working smoothly, it is completely honest."
"It would be very discouraging if somewhere down the line you could ask a computer if the Riemann hypothesis is correct and it said, 'Yes, it is true, but you won't be able to understand the proof.'"
"Guess what - I am one of the ONLY senators in the whole United States Senate that is computer literate!"
"To me, there is something superbly symbolic in the fact that an astronaut, sent up as assistant to a series of computers, found that he worked more accurately and more intelligently than they. Inside the capsule, man is still in charge."
"Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them."
"Computers are magnificent tools for the realization of our dreams, but no machine can replace the human spark of spirit, compassion, love, and understanding."
"After all, just one virus on a computer is one too many."
"Every ISP is being attacked, maliciously both from in the United States and outside of the United States, by those who want to invade people's privacy. But more importantly they want to take control of computers, they want to hack them, they want to steal information."
Explore more quotes by Benoit Mandelbrot
"Until a few years ago, the topics in my Ph.D. were unfashionable, but they are very popular today."
"An extraordinary amount of arrogance is present in any claim of having been the first in inventing something."
"Most were beginning to feel they had learned enough to last for the rest of their lives. They remained mathematicians, but largely went their own way."
"A cloud is made of billows upon billows upon billows that look like clouds. As you come closer to a cloud you don't get something smooth, but irregularities at a smaller scale."
"The techniques I developed for studying turbulence, like weather, also apply to the stock market."
"Think of color, pitch, loudness, heaviness, and hotness. Each is the topic of a branch of physics."
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