Tag Archives: Digital economy

OUR COMPUTER AND DIGITAL “GIZMO” BUSINESS WORLD AND DAILY LIFE

Dr. V.E.”Bill” Haloulakos is an AIAA National Distinguished Lecturer and a contributor to The Business Thinker. Aerospace Science Consultant/Professor; AIAA National Distinguished Lecturer and Legacy Member; Distinguished Engineering Educator Award Winner.

On June 21, 2013, the longest day of the year, an item in the evening news reported that Southwest Airlines’ computer crashed and as a result all their flight operations came to a halt. Not only their planes could not take off, they had big problems with landings as well. About two months prior to that, American Airlines experienced a similar computer system failure resulting in hundreds of flights being delayed or cancelled. As a matter of fact such system breakdowns and complete business stoppage happens to banks, supermarkets and all types of business establishments large and small.

It seems that we have come to accept such major business interruptions as “normal” in spite of the great inconveniences they cause. Perhaps this is because we may feel that we can not question the nerds that may be the causes of all this by having sold us all these digital “gizmos” that are supposedly helping us in and easing our daily lives. Who might these “nerds” be? Apple’s Steve Jobs, Microsoft’s Bill Gates, Dell’s Larry Ellison, or who knows who else? Actually none of these are the true causes of the computerization and the digitization of our lives. Yes they developed and sold us the modern gadgets from the desktops to the laptops and the handhelds, along with the requisite operating, software that we seem to be so enamored with and we definitely feel unable or unwilling to do without.

Continue reading OUR COMPUTER AND DIGITAL “GIZMO” BUSINESS WORLD AND DAILY LIFE

Book: “THE DIGITAL ECONOMY”, By Don Tapscott, McGraw Hill, 2014

A discussion / Book Review,  by

drjohn11a
Dr. John Psarouthakis,
Executive Editor, www.BusinessThinker.com
CV at http://linkd.in/1AF7El7

 

Technology is neither good nor evil. It is neither progressive or regressive. It is whatever we—individuals, communities, nations, the global economy—make of it, positive or negative or both. Then internet, for example, has done more than any religion or any language or any empire in world history to put humans in touch with each other. That’s a breathtaking superlative no one can deny. A citizen of a backward dictatorship in some forlorn corner of the world can—given a handheld device and internet access—communicate in real time with, say, expatriate groups in San Francisco or London.

Simultaneously. Hooray for the internet. On the other hand, the internet can disseminate more pornography in one daymthan all the world’s printing presses have disseminated since Gutenberg bought his first barrel of ink.

The parallel trade-offs are endless. Our most advanced airplanes can carry people, or can carry weapons of mass destruction. A new medication can ease human misery, or can be diverted to the narcotics trade. Almost any new technology can be deployed in positive or negative ways. The choices are ours. But rest assured that the internet, modern aviation, and pharmaceutical research cannot and will not go away. Nor should they.

Continue reading Book: “THE DIGITAL ECONOMY”, By Don Tapscott, McGraw Hill, 2014