Susan,

You are entitled to your view. I have been
reading the Economist for over a decade and in
comparison Wired and earlier Industry Standard and Red
Herring seem supercilious. When I came to the Bay
Area, I was advised by recruiters that I should keep
abreast of these magazines. Well, I am glad I don't
have to and its OK to continue to retain my old
habits.

Sometime back somebody posted an article on the bell
curve from the Wired magazine. It argued that normal
distribution, one of most important probability
distributions in statisics, is questionable. It based
its case on a variety of anectodal information. In
reality, there is no serious challenge to the bell
curve and its applications in business are only
increasing. I simply have no patience for such absurd
writing.

Regards,

Kishore


--- Susan Hathaway <shath@...> wrote:
> The Wired article by Pro Bronson is actually quite
> thoughtful -- and it
> isn't negative at all, imho. His basic point is that
> the hype and greed are
> over, but the business of technology is not. And
> that people are seeking
> more balance in their lives now after the excesses
> of the late '90s.
> The following 2 paragraphs from the piece sum up his
> point (which I agree
> with):
> Silicon Valley will continue to export computer
> technology, much of which
> will continue to reshape the world. But the Valley
> itself won't be a role
> model for anything. While the rest of the world will
> use our technology,
> they won't want to live like us; they won't care
> what we talk about, they
> won't worship our CEOs as leaders, or get excited
> about the newest startup.
> Silicon Valley 3.0 will be an industrial force,
> minus the magic that spawns
> imitation - a success again, but not the One True
> Way.
>
> All of this is OK. The limelight's not necessary.
> The economic growth of the
> next decade won't come disproportionately from those
> who are motivated by
> equity. It won't require hype and glory. It'll come
> the old-fashioned way -
> from scientists and engineers who continually extend
> what we know, until
> eventually the impossible becomes possible through
> their cumulative effort.
> They're as likely to work at universities as at
> startups, funded by
> government grants rather than venture capital. They
> won't need the promise
> of riches to conquer the unknown. They'll do it
> anyway. It's in their
> nature. -----Original Message-----
> From: Kishore Jethanandani
> [mailto:kishorejets@...]
> Sent: Monday, May 26, 2003 8:57 AM
> To:
> softwareproductmarketingdiscussion@yahoogroups.com
> Subject: Re: [spmdiscuss] market/ The road to
> recovery?
>
>
>
> Hi!
>
> Wired sounds as bizarre as ever. The welter
> of jargon overwhelms me
> and I feel tossed around with its sweeping
> generalizations. No wonder the
> Economist rubbished the new economy lot even at boom
> time. I have enough
> trouble listening to my teenage son spewing stuff
> like this. Adieu!
>
> Kishore
>
> Saeed Khan <saeed_w_khan@...> wrote:
> Hi,
>
> Coincidentally enough, the most recent issue of
> Wired has a very
> pessimistic view of the Valley. Now, Wired is
> well known for hype
> (in both directions), but it is an interesting
> read.
>
>
>
http://www.wired.com/wired/archive/11.06/bust_belt.html
>
> Some interesting comments about the attitude
> shifts here, but I'm
> not personally as pessimistic as the article.
> After a HUGE bubble,
> we are in a long trough, and of course, seeing
> little help from the
> Feds to help minimize the down side.
>
> Saeed
>
> --- Kishore Jethanandani wrote:
> >
> > 24th May 2003
> >
> > Hi!
> >
> > Thhe May 10th issue of the Economist has a
> fascinating survey of
> > the Information Technology Industry. Its hard
> to believe that the
> > magazine does not have a dismal view of the
> industry. On the
> > contrary,
> > it sees IT entering a golden age of steady
> expansion. Think of the
> > evolution of the automobile industry, its
> gilded age was the 1920s
> > with the same crazy bubble while its golden
> age was the 1950s with
> > the
> > contruction of the national highways.
> >
> > The magazine sees two major trends paving the
> way for growth in the
> > industry again. One, customers would wash
> their hands off IT.
> > Instead,
> > grid computing will takeover and provide IT
> services on demand.
> > Business evaluation of projects will play a
> major role. One key
> > player
> > in this domain is
> http://www.businessengine.com/ (Yes, they are
> > hiring). So customers will no longer be stuck
> with expensive
> > projects
> > that have no value.
> >
> > Another major trend would be the growth of web
> services. Once
> > customers are liberated from IT, they can
> think more in terms of
> > the
> > value they can get from IT. So growth of
> applications....
> >
> > Sounds convincing?
> >
> >
> >
> >
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