111–113 of 113 posts
I've often found it very peculiar that while many industries have specialized input hardware, it is still the norm for developers to type awkward key combinations* for common programming symbols such as (,),{,},[,],=, etc. which are be used in mass quantities all day, every day. I understand how we got where we are, but it's nevertheless surprising that something like a modernized space-cadet keyboard isn't standard…
While I don't believe that hardware is as hard/expensive to develop as software, I certainly know that it is harder to change. Changing software according to your needs is a one man weekend project. Especially if you are a software developer.
Earlier quoted context omitted.
Regarding the amount he makes from the terminals and service, I don't doubt that's the major haul of any given year, year after year. Not coincidentally, that's why I take his pontificating about finance and economics with a grain of salt - he was a tech savvy info delivery man who lucked into trapping people into a dog-shit ugly, expensive, and industry ubiquitous device. It's along the lines of "I'll view Google as…
I don't agree with a lot of his political views but I'll trust him on the finance and economics front over a majority of politicians given that he worked for Salomon Brothers and arguably was an extremely well-accomplished mayor. Bloomberg is arguably a technology company delivering a product for the finance sector but he absolutely had the prerequisite domain knowledge to launch the company and propel it into what i…
Although, having worked in municipal finance on the Street for a couple years (somewhat back office, somewhat deal support) I can honestly say that a lot of the systems and information in certain sectors is pretty dated. As in, not very good by modern standards. The MSRB is trying with EMMA - but because there's no fiscal / competitive reward like in Bloomberg's info providing case, rather it's for regulatory and market stability - but a lot of stuff was still pretty old school.
I've designed an "Information as a Service" program targeting some of the most lucrative sectors in public finance (construction, transportation, education, etc) but still haven't mastered the design / handshakes with needed sources (ex. Thompson Reuters) to really call it ready to debut. Another issue is finding the right price point - Bloomberg's got a racket going, I'd just want to hit a good spot where most businesses could afford access, or put it at a value premium where having the information before others (arranged/conditioned by the system) would be worth larger expense. Eh, good times!