A new technology enables new opportunities.
A few lines from the book The New New Thing.
At some point in the early 1990s the engineers had figured out that they didn’t need to build new computers to get rich. They just had to cook up new things for computers to do.
p. 39
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.
Lenovo said its profit rose 88% in the latest quarter, when the Chinese company passed Dell to become the No. 2 PC maker by shipments.
(Via WSJ.com: US Business)
Moving on up. Expanding profits too!
It’s not clear if there are special reasons that profits expanded. Increasing sales seems to be done so often by lowering prices to gain access to more customers, thus driving down margins and total profits. Time will tell if Lenovo is able to continue expanding profits or if there were other factors that lead to expanded profits for this period.
D.L. Damore 