Competition in the Digital Age
It is time to look back at digital technology in 2025 and make light of it. This review will be arranged much like the Oscars, with awards in various categories. Just as in past years, there are three criteria for the dozen awards this year:• The award must involve digital technology, such as viral videos …
What can a nineteenth-century economist teach a twenty-first-century Chief Executive Officer (CEO) at one of the largest technology firms? More to the point, why is Microsoft's CEO, Satya Nadella, quoting William Stanley Jevons? Jevons was a dominant figure in economic thought in Britain during the second half of the nineteenth century, but not today. His …
Continue reading "Artificial Intelligence and the Jevons Paradox"
It is that time of year again: Time to look back at information technology in 2024 and make light of it. As with prior year-in-reviews, this one will be arranged like an award ceremony. There are three criteria for the dozen awards given out this year:• The award must be for something involving digital technology.• …
Generative AI has created a gold rush today, but that rush has not yet grown into either a productivity boom or a financial bubble. There are good reasons to think this rush could become either one.Which one is just around the corner? Could it be both? In case you forgot, we did live through a …
The commercial future of AI will soon be bigger than the actions of any firm, individual, research team, or open-source community. In the near term, a massive tailwind of potential use cases and nearly completed projects will determine the rate of progress in creating value for users and suppliers. Still, the source of the next …
Large language models (LLMs) have overrun commercial markets, more like a tsunami than a normal technical wave of interest. The topic is everywhere –news stories, blogs, podcasts, startup investments, analyst reports, hackathons, and government announcements. A virtual frenzy surrounds it. If you possess a technical background, you might find this frenzy puzzling. The technological roots …
It is time to review the year in digital technology. Oh, what fun! As with prior reviews, we will arrange this review like an award ceremony. There are three criteria for an award: It must involve digital technology. The key event must have taken place this year, 2023. And it must lend itself to sass …
Crypto crashed, Musk mauled Twitter, and Messi made a deep fake mess. Every one of them deserves an award and ridicule. It is time for the digital awards of 2022.
It is time for the digital awards of 2021! This is a review of the year in digital technology, told with a bit of sass and snark. In keeping with the times, this year-in-review award ceremony will be a virtual experience. And what a year in digital it was. Digital played a role in helping …
Take a step back from the daily details of events. Compare the recession unfolding in the United States at this moment with the two previous downturns. Today’s economic events share a surprising set of common features with the dot-com boom and bust of 1997 to 2001, and fewer similarities with the financial meltdown of 2008-09. …
Digitopoly 