Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket.

Are companies like YouTube, Facebook, and Twitter open technology platforms or publishers with curated content? For years, Big Tech giants have tried to have it both ways, exploiting special legal protections to enrich themselves while behaving like publishers without the liabilities.

One of the liabilities of being a deep thinker, Wyatt mused, was that it left him vulnerable to existential crises.

One of the great liabilities of history is that all too many people fail to remain awake through great periods of social change. Every society has its protectors of status quo and its fraternities of the indifferent who are notorious for sleeping through revolutions. Today, our very survival depends on our ability to stay awake, to adjust to new ideas, to remain vigilant and to face the challenge of change.