Keith Perry on 6 Oct 2018 11:16:04 -0700


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Re: [PLUG] The Big Hack: How China used a tiny chip to generate ridiculous replies


On Friday, October 5, 2018 9:27:11 PM EDT Steve Litt wrote:
> On Fri, 5 Oct 2018 15:52:57 -0400 (EDT)
> "Keith C. Perry" <kperry@daotechnologies.com> wrote:
> 
> ince that decision matrix is evolving.
> 
> > The current situation aside, we have long gotten away from working
> > with our hands in America.  Part of that is because the supply side
> > of the economy doesn't want consumers fixing things
> 
> Is that your suspicion, or do you have backup or research that agrees
> with what you say above?

I have the intersection of academic experience  (undergrad, grad and adjunct), 
business experience, life experience and countless conversations with others 
that brings me to my statement.

> > and part of that
> > is that, the STEM disciplines don't place enough value on it
> > (certainly influenced by the above point).
> 
> I assume "it" in the preceding sentence is "fixing things", and if so,
> do you have evidence above and beyond your opinion and perhaps common
> sense?

Same answer as above plus my experience as an investor and understanding of 
economics.  When people stop buying new things (especially durable goods) it 
eventually causes stresses in supply side of the economy.  People either go 
without or they try to extend the current life of goods by making repairs.  
The harder it is to repair or fix something the more consumers will be forced 
to make a purchase even if that is not something they want to.  There is still 
a limit to how much you can force consumers to do something but we are in an 
era now where many people will buy something new instead of attempting to fix 
what is older or deficient in some way.

> > In my view, far too much emphasis is placed on software compared too
> > hardware or firmware.  The dirty little secret is that **some**
> > companies see technology, especially closed source software
> > solutions, as a way to replace highly skilled technical professionals
> > with products.
> 
> Same. Corroboration of the preceding?

See my first two responses.  Also, if you read enough quarterly reports of 
companies whose stock goes up after they've laid off people, every so often, 
you will be able to piece together that jobs were eliminated because of a 
technology solution.  The bulk of the expenditures tend to be with software 
related items.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 
Keith C. Perry, MS E.E. 
Managing Member, DAO Technologies LLC 
(O) +1.215.525.4165 x2033 
(M) +1.215.432.5167 
www.daotechnologies.com




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