"I don't believe that government is good at picking technology, particularly technology that is changing. By the time you get it done and go through democracy, it's so outdated."

Time
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Insight & Reflection

The theme of time is universal, yet Michael Bloomberg manages to capture its essence in a uniquely profound way. Taking a moment to internalize this can shift our mindset, reminding us that our perspective on time often shapes our reality.

About Michael Bloomberg

Michael Rubens Bloomberg is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001, and again from 2014 to 2023. He served as the 109th mayor of New York City from 2002 to 2013. He was a lifelong Democrat until 2001, when he switched to the Republican Party to run for mayor, and later becoming an Independent in 2007. Bloomberg is the most recent mayor of New York City to serve as a Republican or Independent. In 2018, he rejoined the Democratic Party, after which he ran an unsuccessful campaign for the 2020 Democratic nomination for president of the United States. Bloomberg is a centibillionaire, worth $109.4 billion as of March 2026, making him the 18th richest person in the world.

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Editorial Note: This quote is curated and fact-checked by the Quotes Archive Editorial Team. Verified Literature Specialist.

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"Ironically, it is exactly because we are a city that embraces freedom, that welcomes everyone and encourages their dreams, that New York remains on the front lines in the war on terror."

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