Month: September 2013

Wal-Mart Cutting Orders as Unsold Merchandise Piles Up – Bloomberg

by dldamore

Wal-Mart Cutting Orders as Unsold Merchandise Piles Up – Bloomberg:

“The pullbacks for this quarter and next imply Wal-Mart is expecting softer demand, Robin Sherk, a New York-based analyst at consulting and research firm Kantar Retail, said in an interview. “

*Why is Walmart expecting soft demand? What data are they looking at that indicates weaker sales in the near term?

Computing and telecom are obvious. By 2050 it’s fairly likely that a majority of… | Hacker News

by dldamore

Computing and telecom are obvious. By 2050 it’s fairly likely that a majority of… | Hacker News:

“By 2050 it’s fairly likely that a majority of the entire population of the Earth will own a computer (e.g. smartphone, tablet, or pc/laptop)”

Or some other computer based device that does some job for the user that greatly enhances life.

 

The summary below is from the full answer given by the commentator on Hacker News, linked above. The SummaryService in OS X generated it and I think it’s an accurate summary overall.

By 2050 it’s fairly likely that a majority of the entire population of the Earth will own a computer (e.g. smartphone, tablet, or pc/laptop), which is pretty profound if you think about it.

 

 

…Imagine how different the world would be if every housing structure had a 1m^3 “mail box” that you could receive packages in or send packages from which would immediately deliver them anywhere in the system 24/7 without human intervention. 

 

…There is a huge market for learning software, on a multi-billion dollar per year scale, but a hell of a lot of work will have to go into creating all of that software to make it effective and practical.