Sunday, December 11, 2005

Opposite

It's always the opposite of what people think. I think.

I just read an article about Bay Area people moving to Reno. People might think that the out-migration of Bay Area folks to less expensive places means Bay Area real estate will go down. It might in the short term as the boom cycle finishes this round. But the Bay Area, and the Peninsula especially, serves as the hub to an ever-growing region, that is now including Reno, which is not even in California.

The term "Web 2.0" has gotten such overuse. I don't recall any economic boom or technological revolution that was coined before it actually happened. A more potent "Web 2.0" might actually be the electric power grid. It's been in Arpanet stage, and people are just starting to plug in solar-powered roofs to the network. The days when people plug in their cars to their solar-powered homes are just around the corner.

Although people are starting to take notice. Venture capital is investing in solar cell companies. I also read an article about how insurance and risk management industries are starting to take into account climate change risk, and this is having an effect on businesses.

I also keep reading about hi-tech companies planning to invest billions in India. This is great intention, but a country of one billion people is still finite. We already know the turnover rate for software engineers is like 40% and salary increases are somewhere up there too. I read that the enrollment in computer science in schools has doubled. When that happens, you know you have people who shouldn't be in the field in the field. So if companies are planning to double or more than double their headcount in India in the near future, what are they expecting to do with like 100% turnover? Sounds like year 2000 in the Silicon Valley....

The only grocery store in which I have ever thought to pick up a magazine while waiting at the check-out counter is Whole Foods Market. Grocery stores still stock the magazine rack by the check-out counter as if this were the 1950s when perhaps only housewives (and brainless ones at that) bought groceries. Come on. This is the Silicon Valley where people are all brains. And if you look at who is shopping and coming through the check-out counter, half of them are men. Grocery stores would sell more magazines at the check-out if they stocked them with magazines about computers, business, literature, and other alternatives.

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