Group items tagged

Paul Krugman about Apple and agglomeration, he endorses the article from the nytimes, and refers to his own essay on the economies of agglomeration. 

A much talked-about article in the New York Times about the fact that the manufacturing of iPhone-like devices no longer takes place in the US. 

But we idealize America's present culture of innovation too much. In fact, our trailblazing digital firms may not be the hothouse environments for creativity we might think. 

"Not all those young companies will survive, but the habit of hiring online seems baked in; 64 percent of respondents said at least half of their work force would be online by 2015, and 94 percent predicted that in 10 years most businesses would consist of online temps and physical full-time workers." One more thing: it seems that the educational degree is not considered as being 'very important' when hiring online help. Quentin Hardy (Bits, The New York Times) concludes 'In the future, having a degree may be helpful, but having a reputation will be even better.' Taking this one step further, rating systems such as Klout (not necessarily Klout itself) could become a very important part of your social capital. Of course, such reputation measures could be organized by the major online staffing companies -  like eBay for instance uses its famous reputation system.  Reputation as social capital will translate this way into financial capital - and could be a crucial data point for financial companies which could use these data to decide about your creditworthiness...

"Dr. Bellovin said that it was Dr. Neumann who originally gave him the insight that "complex systems break in complex ways" - that the increasing complexity of modern hardware and software has made it virtually impossible to identify the flaws and vulnerabilities in computer systems and ensure that they are secure and trustworthy."