How Moore's law stabbed us in the back
Jeff Bone
jbone@jump.net
Tue, 01 Jan 2002 19:01:42 -0600
"Adam L. Beberg" wrote:
<typical pessimistic Beberg drivel>
Adam,
The ultimate non-renewable resource is time. Information technology in general
will continue to appreciate in value because it continues to allow us to do more
with our time --- by making better business decisions more quickly, working more
efficiently, etc. You're right in that the overall cost structure has hit an
interesting inflection point: the cost of producing information (which has been
declining for years) has recently been surpassed by the cost of managing / using
information (which is on the rise.) That's causing some pain of late, but
that's no indication of a permanent oversupply.
The oversupply is in bits (communicated and stored) and cycles. The huge
demand, now, if for better ways to manage and use that information --- i.e., the
demand has shifted from information to intelligence.
Apps, baby, apps. (And no, I'm not talking about spreadsheets and editors and
so forth.)
jb