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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 (36804)11/21/2010 9:29:29 PM
From: Maurice Winn2 Recommendations  Read Replies (2) | Respond to of 46821
 
Frank, that is a problem: <not enough demand and buying power on the part of remaining consumers, who, in addition to being a minority in this hypothetical scenario, also happen to be less productive in terms of creating innovative and disruptive goods and services as well.>

My experience is that I need to be happy within my limited sphere of abilities and productivity. Some people have much greater talent than me and fortunately they hire me at some small pay rate to do things they can't be bothered doing themselves.

We each have a value. That's just how it is.

In the grand scheme of things, whole continents like Africa have so few people with talent to create large value that they have little income to hand on to others to do menial tasks for them so hordes of people have little to no value.

China is currently hiring quite a lot of them to do useful things, and even bringing people in from around the world such as ElMatador to help provide some leadership to transfer technology and assets to enable some value to be created.

Over my life I have earned a respectable enough living by providing support to those with capital and talent who find my services useful. When I accumulated my own bit of capital, I gave it to them for a share in the results of their applied talents [such as the Qualcomm people].

There's room for everyone. Even chimps and gorillas earn a few bananas and protection by entertaining ecotourists [albeit without knowing they are doing so]. For a fee, I am currently performing for tourists by enabling them to use wifi during their travels.

Mqurice



To: Frank A. Coluccio who wrote (36804)11/22/2010 3:16:49 AM
From: elmatador  Read Replies (1) | Respond to of 46821
 
"too many producers of innovative disruptive goods and services -- both real and virtual, and both concrete and ethereal, where very few of the above are geared to sustaining life's real needs -- and not enough demand and buying power on the part of remaining consumers, who, in addition to being a minority in this hypothetical scenario, also happen to be less productive in terms of creating innovative and disruptive goods and services as well."

<too many producers of innovative disruptive goods and services.>
They are concentrated on the OECD countries. They need to be sold-provided in the emerging markets, where there is huge demand for them.
They don't have money! some would say.

Well, they did not have for wired telephony. but look today. They have money for mobile!!!

What would a sub-$100 smartphone mean for Africa?
Cheaper smartphone means web access for Africa's half a billion mobile users.
Message 26974202 smartphones

The smartphones here are only mechanisms through which the disruption is going to come.