Creating open industry standards always wins, by creating a larger market for all competitors and platforms. This story has been repeated endlessly in technology markets. You would think after so many proprietary failures, it wouldn’t keep repeating itself. HTML5 appears to be another case where an open industry standard has again created a win-win for all involved, including consumers.
We are all now hearing and reading about Edward Snowden, who is now at the center of a global political firestorm, caused by Snowden’s decision to reveal the NSA’s PRISM surveillance program, and its increasing encroachment of personal privacy. Snowden’s revelations have now also entangled the UK’s GCHQ, the secret intelligence gathering arm of MI6 in Cheltenham, Gloucestershire which has also been sharing similar snooping with the NSA. A former U.S. National Security Administration contractor, Snowden was actually employed by Booz Allen Hamilton, a global management consultancy firm. Snowden’s situation should give us all pause to consider the Brave New World we have entered with zettabytes (1 Million Terabytes) of Big Data, and the uses of it.
At an absolute minimum, Google has scored a PR coup with their blog announcement of “Project Loon,” a trial of Internet Wifi via balloons floating in the stratosphere over New Zealand. You may have already seen, heard or read about this, as the story has appeared in much of the mainstream media, albeit without much journalistic scrutiny. The Loon project has also been covered extensively in the tech “blogosphere” (pun intended). From my reading, only very few journalists have delved into the devil of the details, and asked serious questions, which remain largely unanswered. It is probably not in Google’s best interest to say too much more, as they have already favorably established the Loon Project in the media. The Kiwi’s have a term for this kind of project. They are known in New Zealand as “#8 Wire” projects. Read on and I will explain.
In my earlier post on March 11th , “Alberta Bitumen Bubble and the Canadian Economy: An Industry Analysis Case Study,” I reported the stark facts of Canada’s current economic crisis as announced by Canada’s Minister of Finance, Jim Flaherty, and Alberta Premier Allison Redford, directly resulting from pricing forecasts for “Western Canada Select” (WCS) from the oil sands. In that post I also explored the now well-established economic conundrum known as the “natural resource curse.” This simply means that economies that rely heavily on natural resource exploitation, have historically underperformed more diverse economies. This is now most certainly the case in Canada.
When I first stumbled on the HBO television series Flight of the Conchords, I had no awareness of the developing cult status of the two Kiwi comedians/singers/songwriters, Jermaine Clement and Bret McKenzie. I will say that the first episode was so exceptional that I nearly pee’d myself in hysterical laughter. I then immediately got on the Net and the phone to my mates at New Zealand Trade and Enterprise here and Down Under in New Zealand. My first question was who at NZTE had helped with development of the script for the show?
The Wall Street Journal has highlighted this commencement speech, and I thought it so good, I had to share it here with my UBC Management students. It is at least as good as Steve Jobs 2005 Stanford commencement address, and it was also given in the same year, 2005.
In this, my third post on the dramatic and fascinating developments, shifts, and impacts of the Multidimensional Mobile Market War, the precipitous decline of the leading personal computer industry competitors, has become even more pronounced than anyone suspected. Last week, IDC and Gartner were in more or less violent agreement that the bottom had very suddenly dropped out of the PC market.