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Today, not only do all these things exist, but, in combination, they've taken us from connected to hyperconnected. Now, notes Craig Mundie, one of Microsoft's top technologists, not just elites, but virtually everyone everywhere has, or will have soon, access to a hand-held computer/cellphone, which can be activated by voice or touch, connected via the cloud to infinite applications and storage, so they can work, invent, entertain, collaborate and learn for less money than ever before. Alas, though, every boss now also has cheaper, easier, faster access to more above-average software, automation, robotics, cheap labor and cheap genius than ever before. That means the old average is over. Everyone who wants a job now must demonstrate how they can add value better than the new alternatives.

Our dear Moustache is so enamored that he predicted such connectivity nearly a decade ago (in the preceeding paragraph to the one copied here), though he ignores those writing about the phenomena three and even more decades ago. Did he forget a key part of this hyperconnectivity?

the demand for electricity will grow as devices and data proliferate, and the production of electricity comes from rotating hardware of major scale. It will be quite some months before 3D printers can make high quality, 20 yr life 3 MW wind turbines. /snark

Plus, there's a whole lot of movement of physical things like food and water and people. And buildings have to be built.

So his Randian call for people to innovate (there's a difference between real innovation and Randian innovation) leaves out the entire dynamic of the physical world. Perhaps he should reread his gushing discovery of Yurpeen two speed toilets.

But then, he's The Moustache of Understanding, and you're not.

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Sun Feb 17th, 2013 at 04:25:10 PM EST
infinite applications and storage

Golly.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Feb 18th, 2013 at 07:10:01 AM EST
[ Parent ]
"Everybody will need to be above average (or die)"

Channeling the collective wisdom of the overlords, as usual.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Mon Feb 18th, 2013 at 09:44:58 AM EST
[ Parent ]
I'm moving to Lake Wobegon.
by Number 6 on Mon Feb 25th, 2013 at 09:49:53 AM EST
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Did Krugman not post something about 'big data' being the next wave of innovation that will bring in new wealth? Sometimes I think they're grasping at straws. In the end wealth is physical and if physics doesn't play along...

Schengen is toast!
by epochepoque on Mon Feb 18th, 2013 at 03:14:17 PM EST
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Big Data is the latest brain wave in the Information Biz.  The idea is to uncover latent value in the gazillions of petrabytes companies have been keeping in massive data storage centers because they can.  Gartner estimates by 2020 Big Data will be a $15 billion a year business, employing 1.5 million people.

And, by the way, nobody knows how to do it.

BUT!

It's going to be big.  Massive.  More than massive it's going to be biggity Big BIG!

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Mon Feb 18th, 2013 at 03:20:31 PM EST
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"From small data, big data grows."

You can't be me, I'm taken
by Sven Triloqvist on Mon Feb 18th, 2013 at 03:45:56 PM EST
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