Technology Spending Now The Bellweather
Saturday, 17 October 2009
In case you slept in this weekend or avoided work all weekend, check in with me here as I was not so lucky. In the order of importance, or, to be honest, the way I saw it, here are some stories you should not have missed.
Speaking of being on and connected, check out the rest of these amazing images at: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=228×57751
In today’s NYTime’s piece by Steve Lohr, Eric E. Schmidt, Google’s chief executive, told analysts after a strong earnings report, “we now have the confidence to be optimistic about our future.” The article didn’t specify if ES was talking about himself, and his cohorts, Google, or the U.S. of A. in general. Chip orders are up, which means network gear and personal computer sales, etc., are on the mend. Personally, I find the whole demand argument underwhelming. Until I see new business apps and games being written for windows, I don’t have a real big need for spending any money, and, last I looked, that’s not what I see out there. I think what we are seeing is those who only dabbled before with the Internet now realize that being connected to it at high speeds is more of a necessity.
Here is one of those throw-away lines I would not have noticed if I didn’t plan on writing on this, ““This will be a technology-led recovery,” NYT writer Edward Yardeni, an economist and investment strategist said, “And the improvement we’re seeing from the technology companies suggests the recovery has legs.” “And … investment strategist?” It would seem those two professions might not be found in the same expert these days, but Ed Yardeni apparently sees tech big and he has quite a long honorable record, far as I could see in his bio.
It’s tough today to follow some of your favorite online pundits online also as loyalties in the blogosphere evaporate even faster than they do in boy bands. Take for instance Henry Blodgett, never in a boy band to my knowledge, but is listed on the Huffington Post as, “the president of Cherry Hill Research, a business research firm, and edits Internet Outsider, an Internet business blog.” Yet, the blog at Internet Outsider hasn’t been touched in nearly two years, and, instead, Blodgett is now found at The Business Insider where he is listed as CEO & Editor-in-Chief. No idea yet why Hank made the move from Internet Outsider to Business Insider, but those things have happened over the last few years. We will continue to explore the change. Henry, insider or outsider, we love your work man so come visit. Can I call you Hank?
For the rest of you declentionists, check out: Trillion-Dollar Deficits As Far As The Eye Can See That’ll put an edge on your retirement thoughts.
Three US troops killed in Afghanistan: NATO
(AFP) – 1 hour ago
KABUL — Bomb attacks have killed three more US troops in Afghanistan, the NATO-run International Security Assistance Force said Saturday.
“Two US service members were killed in an improvised explosive device (IED) attack in eastern Afghanistan October 16, and one US service member was killed in an IED attack in southern Afghanistan on the same day,” it said.
It gave no further details.
Finally, but not at all least interesting, “This thoughtful but speechless future” is a look at just where we are when it comes to putting the brave new world in complete chaos. “Brain-computer interfacing”, is a well-established technique that allows computers to analyse brain signals, then send a transmission of these signals to another person through the internet. A bit dodgy perhaps on the uptake part of the puzzle, I suspect, but I’m sure for enough money they’ll get it to say whatever you would like them to say.