SI
SI
discoversearch

Technology Stocks : The *NEW* Frank Coluccio Technology Forum

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank A. Coluccio who wrote (46101)11/19/2017 2:00:01 AM
From: elmatador   of 46135
 
The error of : Nobel economist Solow famously said: "You can see the computer age everywhere but in the productivity statistics.”


What Solow and many others overlooked to see was that, it wasn't computers per se. It was the productivity that the move from analog to digital technologies provided


Staying with our profession:


The expense and labor of old-fashioned activities that did not use a computer, imposed practical limits on an activity.


Mobile networks could not develop with the analog microwave that I use to implement up to the 80s. It need to digital microwave to crash the practical limits of analog microwave backhaul.


IP preempts the need physically send someone to sites as computer enabled 'remotization' and automation


Digital technologies allowed huge data acquisition and that created a profession for analytics professionals to massage the data.


The easier it gets to harvest and analyze information, the more value can be extracted.


Solow Greenspan did not envisioned that wealth effect.


Back to building networks.
Why the above is important?
The buzzwords of today (IoT 5G, you name it), will be so huge that we need another way to build them without the expense and labor of old-fashioned activities that were used on 2G to LTE era, that imposed practical limits on the explosion of networks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.