"The only thing that stands between a man and what he wants from life is often merely the will to try it and the faith to believe that it is possible."

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Chart: U.S. interest rates since 1790

Friday, August 27, 2010

Posted by Carlos Olin at 3:09 PM 0 comments  

Things Need to Change in the U.S.

Thursday, August 26, 2010

During dinner at the Technology Policy Institute's Aspen Forum, Intel CEO Paul Otellini warned government officials that unless government policies are altered, people will not invest in the United States and cites the U.S.'s hostile legal environment towards business.

He used the example of factories, explaining that costs $1 billion more per factory for me to build, equip, and operate a semiconductor manufacturing facility in the United States and 90% of that additional cost of a $4 billion factory is not labor but the cost to comply with taxes and regulations that other nations don't impose.

He argues there is likely to be:

"...an inevitable erosion and shift of wealth, much like we're seeing today in Europe--this is the bitter truth...our research centers were without peer. No country was more attractive for start-up capital...We seemed a generation ahead of the rest of the world in information technology. That simply is no longer the case...I think this group does not understand what it takes to create jobs. And I think they're flummoxed by their experiment in Keynesian economics not working..the next big thing will not be invented here. Jobs will not be created here."

Posted by Carlos Olin at 8:32 PM 0 comments  

The only solution to escaping Google's record is a name change

Monday, August 16, 2010

"Every young person one day will be entitled automatically to change his or her name on reaching adulthood in order to disown youthful hijinks stored on their friends' social media sites." -Google CEO Eric Schmidt


Graphic: Patent Filings Per Research and Development Expenditure

Thursday, August 5, 2010

""There was 5 exabytes of information created between the dawn of civilization through 2003, but that much information is now created every 2 days, and the pace is increasing...People aren't ready for the technology revolution that's going to happen to them."

Eric Schmidt
Chief Executive Officer, Google
Speaking at Techonomy Conference in South Lake Tahoe

"Information is the most important resource of the 21st century," he said. "It's not oil, it's not water. The right policies are essential if we're going to exploit those resources."

Shane Robinson
Executive Vice President and Chief Strategy and Technology Office, Hewlett-Packard
Speaking at the Techonomy Conference in South Lake Tahoe

Tuesday, August 3, 2010

Posted by Carlos Olin at 8:06 PM 0 comments  

U.S. spends most internet time now spent with social networks, games

Monday, August 2, 2010

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