||1: Dan Senor and Saul Singer called Israel “The Start-Up Nation” in a book of that name in 2009. The label has stuck because it fits. ||2: Everybody and his brother-in-law seems to be starting a company—with old schoolmates or army colleagues, in a spare room or the parental home. ||3: Starting a business is easier than ever, thanks to advances in information technology. ||4: Budding designers of smartphone apps can rent space when they need it on a remote server rather than buying huge amounts of computing power. ||5: “The internet has democratised the right to innovate,” says Mr Vardi.

||1: Dan Senor和Saul Singer在一本2009年出版的同名书籍中把以色列称为“创业国度”。这个标签跟随了以色列多年，因为确实很适合。 ||2:在以色列，每个人和他的亲戚朋友似乎都在创立公司，他们和自己的同学或者战友一起，挤在一间空闲的房间或者父母的家中。||3:如今，开创一项事业比起过去要容易得多，这归功于信息技术的飞跃。||4:和过去不同，初露头角的智能手机应用设计师们不再需要购买大量的硬件设备，他们可以向远程服务商租用服务器。||5: Mr Vardi说：“互联网已经带来了创新权利的民主化。”

||1: Until now the rise of computers has democratised finance by cutting costs. ||2: A typical ETF charges 0.1% a year, compared with perhaps 1% for an active fund. ||3: You can buy ETFs on your phone. An ongoing price war means the cost of trading has collapsed, and markets are usually more liquid than ever before. ||4: Especially when the returns on most investments are as low as today’s, it all adds up. ||5: Yet the emerging era of machine-dominated finance raises worries, any of which could imperil these benefits.

||1:到目前为止，计算机的兴起通过降低成本使金融民主化。||2:典型的ETF每年收取0.1%的费用，相比之下，主动型基金可能收取1%的费用。||3:你可以在手机上购买ETF。一场持续的价格战意味着交易成本大幅下降，市场的流动性通常比以往任何时候都更强。||4:特别是当大多数投资的回报和今天一样低的时候，这一切都是有意义的。||5:然而，机器主导金融的新时代引发了这些好处可能被危及的担忧。

we: What are the biggest challenges for "We" in this context of a democratised media environment?

《我们》：对“我们”来说，民主媒体环境最大的挑战是什么？

The PC democratised computing by making computers cheaper and more accessible than the huge mainframes that came before.

PC让电脑变得便宜也变得比以前那些笨重的大型机更容易与普通人接触，这使得计算机产业变得平民化。

Donald Rumsfeld, the defence secretary who thought Iraq could be democratised by force and on the cheap, has been shown the door.

国防部长唐纳德·拉姆斯菲尔德认为伊拉克可以通过武力使其民主化并且代价很小，但是他撞南墙了。

Until the late 1980s they too were dictatorships. Their regimes, facing rising dissent, saw the writing on the wall and democratised .

直到80年代末这两国还是独裁体制，他们的政权面临日益增长的不满，看到了改革的必要性并实行了民主化。