We must return to an economy fueled by innovation, rather than disruption
greg-satell.medium.com
We must return to an economy fueled by innovation, rather than disruption
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Re: We must return to an economy fueled by innovation, rather than disruption
#2Re: We must return to an economy fueled by innovation, rather than disruption
#3https://greg-satell.medium.com/how-the-uber-economy-is-killi...
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Re: We must return to an economy fueled by innovation, rather than disruption
#4My take on the productivity paradox is software is a form of literacy.
We have put a pen and paper onto every desktop and every pocket but almost no-one can read or write.
Edit: And those that can find that only a tiny fraction of the fold is written down (accessible through the virtual cyber world). Amazon's secret to success was forcing every service to live behind a "public" API.
Re: We must return to an economy fueled by innovation, rather than disruption
#5Re: We must return to an economy fueled by innovation, rather than disruption
#6My take on the productivity paradox is software is a form of literacy . We have put a pen and paper onto every desktop and every pocket but almost no-one can read or write. Edit: And those that can find that only a tiny fraction of the fold is written down (accessible through the virtual cyber world). Amazon's secret to success was forcing every service to live behind a "public" API.
I disagree that writing software is comparable to literacy.
I think it's more similar to any other profession, with a skillset you can learn if you're interested, or learn to get paid.
Not everyone is interested in writing software, and that's fine.
It has also never been easier to tinker with things, as root VMs are cheaply available, in comparison to 20 years ago, when you really were just given a cpanel interface, if you were on a budget.
Re: We must return to an economy fueled by innovation, rather than disruption
#7My take on the productivity paradox is software is a form of literacy . We have put a pen and paper onto every desktop and every pocket but almost no-one can read or write. Edit: And those that can find that only a tiny fraction of the fold is written down (accessible through the virtual cyber world). Amazon's secret to success was forcing every service to live behind a "public" API.
We had a traditional pen and paper in every house for a few hundred years now, but we still need accountants, lawyers, mathematicians and writers.
Re: We must return to an economy fueled by innovation, rather than disruption
#8I heard the problem expressed as a good ideas shortage versus too much investment capital. Interest rates have been incredibly low since the 2008 banking crash, so where does the spare capital go? There's not enough innovative ideas around (that investors like) to absorb the money. So some of the cash is getting thrown at complete nonsense and the remaining good ideas are receiving excessive capital. So there's a lot of inefficiency in there.
Re: We must return to an economy fueled by innovation, rather than disruption
#9My take on the productivity paradox is software is a form of literacy . We have put a pen and paper onto every desktop and every pocket but almost no-one can read or write. Edit: And those that can find that only a tiny fraction of the fold is written down (accessible through the virtual cyber world). Amazon's secret to success was forcing every service to live behind a "public" API.
I disagree that writing software is comparable to literacy. I think it's more similar to any other profession, with a skillset you can learn if you're interested, or learn to get paid. Not everyone is interested in writing software, and that's fine. It has also never been easier to tinker with things, as root VMs are cheaply available, in comparison to 20 years ago, when you really were just given a cpanel interface,…
Not writing software, using it requires software literacy.
How many people do you know that refuse to learn the software they use everyday? How many times have you helped a friend or colleague with some problem just by googling it even when you don't really understand what they do for a living?
It's not that we need everyone to create software, but it would unlock huge productivity gains if everyone stopped pasting screen shots into word. Excel might be the most important knowledge tool of our time, and almost no one knows how to use it.
Re: We must return to an economy fueled by innovation, rather than disruption
#10It’s also killing customer confidence by providing the shittiest low ball unreliable service possible.