"History is a wonderful thing, if only it was true"
-Tolstoy

Wednesday, May 02, 2007

Reflections on IT

I've posted before on the end of PCForum and commented on changes in IT

Looney Dunes: Reflecting on the late great PCForum

"Seems that maybe there isn't all that much left to create/invent.
A new Google?
I don't think so.

Thinking about electricity, Edison and Telsa created major infrastructure, microwaves and toasters, power tools and PC's are applications.

The internet and IT are now ubiquitous, there will be many many applications, but will there be revolutions?"


Looney Dunes: Loss

Now an observation from Bank Credit Analyst (BCA Research)
Special Report "Will the Supply-Side Low Inflation Boom Persist?"

"The growth in IT investment has slowed in the U.S. from its earlier rapid pace, and there have not been any groundbreaking software developments for some time. Nonetheless, there is no indication that the IT revolution has run its course. The prices of technology goods continue to fall, and the pace of innovation remains high."

Prices drop, IT becomes more and more integrated in day to day life, but fewer revolutionary changes, if any. Many incremental changes, but few revolutions.

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