Effect of the Depression on Technology - O'Reilly Radar - 2 views
radar.oreilly.com/...t-of-the-depression-on-te.html
technology recession depression management of innovation innovation in developing economies knowledge management and learning networks gpd4
shared by Graham Perrin on 16 Nov 08
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this recession will be good for innovation because recessions generally are
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low-cost high-impact physical events we've created (Ignite, hacker meetups, coworking spaces, foo/bar camps) will thrive
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@gregor's point about cultural activities increasing in Argentina during their 2001 recession sounds like an indicator in favour of open source
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innovation is a cultural effect within companies and cannot be turned on or off due to economic conditions
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then innovation is going to be an uphill climb regardless of how many great ideas are floating around
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also those companies who attempt to clean up the mess government is going to make. The regulations that come out of the current crisis are going to be draconian
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The additional costs of compliance will also affect new launches and IPOs due to the additional costs, so there is another negative drag on innovation, or at least the monetization of those innovations
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a social network that harnesses its members to contribute to open source projects? Instead of playing facebook games or posting pics of yourself wasted at the latest party, get the members to commit to donating that extra time to a small piece of a large open source project
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the truth is I put in 20-30 hours a week in the evenings, mornings and week ends to make the big pushes happen
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sweat equity