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Software is Eating Apple
Albert Wenger – Nov 8, 2012
It’s only two months ago that I posted that these are Apple’s glory years and that it is likely too soon to bet against Apple’s stock. As it turns out I was wrong. When I wrote, the stock was at [...] Read more
An Important Second Term
Albert Wenger – Nov 7, 2012
I was very happy to see President Obama win a second term last night. For starters it was gratifying that despite all sorts of last minute challenges this was not a close vote with hanging chads and damage to the [...] Read more
Tech Tuesday: Algorithms (Continued)
Albert Wenger – Nov 6, 2012
Last Tech Tuesday was now two weeks ago due to Hurricane Sandy. As a quick refresher, we looked at where the word algorithm comes from, saw that an algorithm is similar to a recipe and gave an example of a [...] Read more
Thinking About Employment (Part 2)
Albert Wenger – Nov 5, 2012
Last weekend I wrote a post about what is happening with employment. The gist was that employment in the US in agriculture and manufacturing has collapsed as a percentage of total employment and declined even in absolute terms mostly as [...] Read more
Information Technology and Firm Size (Thesis)
Albert Wenger – Nov 2, 2012
As previously announced, I have self-published my MIT PhD thesis. Today’s post is about the first paper, which is titled “Information Technology and Firm Size” which – as the rather plain title suggests – examines statistical evidence of the impact [...] Read more
The Return of the Capital Intensive Startup
Albert Wenger – Nov 1, 2012
This post is a bit more thinking out loud than usual but I am grappling with what I perceive to be a big change in the startup landscape. Here are some of its symptoms: the return of TV, print and [...] Read more
Post Hurricane Sandy Update and Idea
Albert Wenger – Oct 31, 2012
Regular scheduled programming should return tomorrow. On Monday I posted how the storm surge was the biggest threat to New York City and that’s exactly what happened. There was definitely damage from wind blasts and also several people were killed [...] Read more
Sandy And NYC: It’s All About the Surge
Albert Wenger – Oct 29, 2012
Our kids have been super excited since yesterday afternoon that school has been canceled for today. Waking up this morning and looking around they were a bit surprised to see that it seemed to be neither blowing nor even raining [...] Read more
Thinking About Employment
Albert Wenger – Oct 27, 2012
One of the truly depressing things about listening to the presidential debates was that both sides seem to be disregarding a fundamental factor in the economy: the displacement of humans by “machines” (in quotes because these days the machines in [...] Read more