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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: Frank A. Coluccio who wrote (36408)10/26/2010 3:51:46 AM
From: elmatador1 Recommendation  Read Replies (1) | Respond to 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.



To: Frank A. Coluccio who wrote (36408)10/26/2010 10:26:43 AM
From: elmatador  Respond to of 46821
 
"Where do you suppose this is all leading us?"

Northern lights go off.

Tropical Belt explodes

Northern latitudes Scandinavia, Canada and Russia.

Population of there will sink heavily.

Countryside abandoned only used for Tourism areas and cottages for rich people to go there in the Summer months.

Only major cities remains economic active supporting mining.

Center of gravity of economic growth centers around the Tropical belt. North and south of Equator.

Mediterranean area keep inhabited and thriving.

Cost of heating homes and uneconomic agriculture without subsidies.

Migration of youth to Tropical belt depopulation of northern latitudes.

Tropical Belt agriculture will be where the money is to feed to now middle class populations.



To: Frank A. Coluccio who wrote (36408)10/31/2010 2:47:51 PM
From: elmatador1 Recommendation  Read Replies (2) | Respond to of 46821
 
OT James Schlesinger on conventional oil
Message 26926227