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Ask HN: 2011 Predictions

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41–50 of 69 posts

Re: Ask HN: 2011 Predictions

#42

I expect something big from Microsoft - something really really big.

I think we would have heard about it by now... I don't think they have nearly the culture of secrecy like Apple's, yet look how far in advance things leak out from there.

Re: Ask HN: 2011 Predictions

#44
IT:

- Increasing success of Android

- New FB feature of being able to split up who your messages go to by groups, massive profit for Facebook.

My Domain:

- A lot of move in fashion towards more sustainability, the biggest changes will be in five years though, not one:

- I've written about it at changingclothing.recojeans.com, more specifically changingclothing.recojeans.com/eco-friendly-clothing/

Re: Ask HN: 2011 Predictions

#45
post #25

Next year austerity and rising interest rate will take root in major economies, forced by runaway inflation in food, gas and commodity prices - caused by massive printing by US/Europe/Japan/China. This will result in money in flight from risky investments (emerging countries, startups, expansions) to safe investments, which will cause job losses in many of those sectors. Healthcare and Food industries will grow. Ente…

This is a curious expectation, but it feels right to me (with a degree in economics). Recessions are usually preceded by inflation, not followed, However, wars are usually followed by inflation. Since 1960 inflation has been over 600%, energy about 850%. My expectation, is that a huge amount of money has been pumped in to the economy to pay for the wars and the bail-outs. The money is being absorbed by the wars and t…

I agree with you, but I think your terminology is inexact when you say:

"The money is being absorbed by the wars and the trade deficits."

Wars do not absorb money, they absorb wealth -- money is paid to make a bullet, and after the bullet is shot the money remains to decrease the value of all money, and the bullet is gone.

Trade deficits can move accumulated wealth (or money) around, but they also don't absorb it; a foreign country might absorb money, if they decide to stockpile it.

Re: Ask HN: 2011 Predictions

#46
post #37
post #34

Earlier quoted context omitted.

The curious thing is that they are already here, e.g. Python/Ruby vs Java. According to Clayton Christensen it takes a paradigm shift of over 5x improvement before anyone notices. I dont think the shift will be programming language based because the decision makers dont pay attention to programmers. (I'm speaking the enterprise world here, not startups.) But I hope you're right, not me. :-)

Right, I'm thinking that X will happen to Python/Ruby like Python/Ruby happened to Java. A 5x improvement is a lot to ask for...I don't think that Python/Ruby offers 5x over Java, and to get 5x over Python/Ruby will be very hard. Even describing software in reasonably precise English probably doesn't offer 5x over the state of the art. On the other hand, 50% is definitely feasible. The form this will take is a combin…

Actually I agree with you completely. The 5x improvement is what it takes BigCo management to notice you. However startups are getting the 5x advantage all over the place. Nimble platforms plus smarter people plus stripped down organizations give you your 5x.

I have been inclined to think for quite a while that a good IDE / compiler combination would achieve a lot with a language Python. (I've been doing my Python development with an ordinary editor.) Python 3 allows type specification, but doesnt do anything with it. Have the IDE get feedback from the execution profile to advise the programmer on possible type errors.

Testing tools: I would like a tool that can read a method and some annotation to generate a set of unit tests.

Given your list I think it results in way more than 50% improvement.

Re: Ask HN: 2011 Predictions

#47
post #45
post #25

Earlier quoted context omitted.

This is a curious expectation, but it feels right to me (with a degree in economics). Recessions are usually preceded by inflation, not followed, However, wars are usually followed by inflation. Since 1960 inflation has been over 600%, energy about 850%. My expectation, is that a huge amount of money has been pumped in to the economy to pay for the wars and the bail-outs. The money is being absorbed by the wars and t…

I agree with you, but I think your terminology is inexact when you say: "The money is being absorbed by the wars and the trade deficits." Wars do not absorb money, they absorb wealth -- money is paid to make a bullet, and after the bullet is shot the money remains to decrease the value of all money, and the bullet is gone. Trade deficits can move accumulated wealth (or money) around, but they also don't absorb it; a…

It felt awkward when I wrote it. You are right. The wealth is absorbed/destroyed, but the money is still there with fewer goods to purchase, hence inflation (eventually).

Re: Ask HN: 2011 Predictions

#49
post #32

Earlier quoted context omitted.

My prediction: Overall price inflation in the USA will remain low.

I am curious to know your reasoning. In a post in this thread I was leaning towards inflation in a few years, with the other possibility being a long recession or Japanese style stagflation. The downside would come from an austerity program hitting the middle class.

Because deleveraging of the banking system produces a deflationary shock. The Fed is trying to offset this, but for political reasons can only partially (people would cry "currency debasement!" - and already do).

Scott Sumner has written some things on this: http://www.themoneyillusion.com/

The fact that interest rates are very low is also a hint that maybe inflation expectations are not very high.

A good source for the relevant interest rates: http://www.bloomberg.com/markets/rates-bonds/government-bond... (yield column). You can also compare to Japan there.

Re: Ask HN: 2011 Predictions

#50
post #32

Earlier quoted context omitted.

My prediction: Overall price inflation in the USA will remain low.

I am curious to know your reasoning. In a post in this thread I was leaning towards inflation in a few years, with the other possibility being a long recession or Japanese style stagflation. The downside would come from an austerity program hitting the middle class.

Japan style stagflation? Japan has been suffering deflation during its recent period of stagnation. Indeed, the Japan central bank has long worked hard to insure that inflation in Japan remains roughly 0%, and they have on average succeeded at this, with some years the yen increasing in value and some years decreasing - but generally these changes cancelling out. Indeed, many people like Milton Friedman have blamed the bank's insistance on 0 inflation for playing a role in Japans economic problems.
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