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Silicon Valley's Youth Problem

Posted: Sat Mar 15, 2014 6:20 pm
by Jonathan
http://www.nytimes.com/2014/03/16/magaz ... times&_r=1
[T]he coolest, young engineers ignore opportunities in less-sexy areas of tech like semiconductors...
Hey, now!

Re: Silicon Valley's Youth Problem

Posted: Sat Mar 15, 2014 6:23 pm
by Jason
I hate to tell you this, but you're not young anymore. :P

Re: Silicon Valley's Youth Problem

Posted: Sun Mar 16, 2014 3:28 pm
by Jonathan
:D Pity the poor Morlock working on chips twice as fast as the old ones.

http://www.ribbonfarm.com/2011/06/08/a- ... 0-to-2100/

On Coasean growth, and the fall of the corporation.
Ronald Coase won a Nobel in economics for the observation that organizations are formed when intra-organization coordination costs are lower than external coordination costs. The corollary here is that as e-commerce cuts external coordination costs, that it decreases the need to be associated with a firm.
I think this is basically incorrect, but I can't identify why yet, which is worrying.

Anyway, it is very much of a piece with the observations about sexy cool companies not actually making things.