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Technology Stocks : The *NEW* Frank Coluccio Technology Forum
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To: Frank A. Coluccio who wrote (36408)10/26/2010 3:51:46 AM
From: elmatador1 Recommendation  Read Replies (1) of 46821
 
The dangers of bypassing a technology.

Frank, Africans by passed the electromechanical era. Generations of engineers that works with relays and wires did not exist here.

As they bypassed the fixed line era, they did not have cable, MDF guys.

No FDM knowledge very little microwave analog knowledge. No Telex.

As they moved straight to GSM, 2.5 and 3G they grew up seeing black boxes.
No one knows guts inside the things that run their communications.

As you by pass a technology, not only your service sector loses the benefits and quality of life that flows from those technologies applications.
A whole of money that would have been part of the GDP –salaries of the technicians, engineers and Managers were not realized.

I’m thinking here:
As we progress there will be less and less possibilities for someone form an emerging market to earn a living in the telecoms/IT field.
With could computing IT departments for governments and major corporations will be virtuzalized.
Applications wills eat where they will be most cost effective run.
That may pint for a lot of people watching as the economy grows but not actively participating on it.

Compare when in Europe and US, they guy moved form farm to city and started putting up poles and standing copper wires which was not much different than making fences at the farm.
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