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Strategies & Market Trends : The Millennium Crash
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To: George Gilder who wrote (5179)6/7/2000 7:15:00 AM
From: Arik T.G.  Read Replies (2) of 5676
 
GG,

Thanks for advocating the side unpopular on this thread, and I apologize for any overheated responses you got.
Economics sometimes forgets it is not an exact science. In the end it's the person who's productivity and pleasure are increased. IMO the time consumed by employees watching their stocks and giving trading orders real time over the net from their offices is a big negative productivity improvement. Same for emailing jokes and cartoons, participating in chats and posting to threads during office hours. A measurement of the pleasure one gets from unknowingly using a high speed optic router is far more complicated then measuring the agony one feels every time one's OS crashes. Therefore Windows can easily get a minus value of improvement over DOS. Furthermore, all the improvement achieved in CPU speeds and memory chips production in the '90s went to waste on fatware. I still remember the 1-2-3 running on IBM XT with 512k RAM, two 360k floppies and no hard drive. Yes, it had a green screen and no mouse. The latest Excel does basically the same thing. The greatest, if not only improvement made during the past 18 years of feverish development is in the graphic presentation of the data. Anyway, when surfing the net one cannot easily differentiate between using Celeron based and Athlon based PCs. The bottleneck is elsewhere.
The greatest improvement in the total fun one can get from one's PC was the creation of Doom. My favorite computer game, however, is still the 1989 DOS run Civilization.

ATG
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