Tag: economics
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Link: The economics of serverless cloud computing
“direct expenditure on serverless can be cheaper than on VMs, but only where the number of times the code is executed is under about 500,000 executions per month” Link to original
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Link: Your Uber Car Creates Congestion. That May Cost You More To Ride. – New York Times
“About 103,000 for-hire vehicles operate in the city, more than double the roughly 47,000 in 2013, according to the Taxi and Limousine Commission. Of those, 68,000 are affiliated with ride-hailing app companies, including 65,000 with Uber alone, though they may also provide rides for others. In contrast, yellow taxis are capped by city law at…
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The fight for money between states and cities
The miniature culture wars fought between cities and states—such as North Carolina’s tussle with Charlotte over its anti-discrimination rules—are well known. The financial tensions between them are quieter but as important. “Money is usually the main problem,” says Larry Jones of the United States Conference of Mayors, and especially divisive in lean times. Link
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It’s Not the Economy, Stupid
Rational anaysis is hard to find in real life: But in Elkhart, people have jobs they didn’t have six years ago, and they’re working more hours. Their homes are worth more than they were before Obama took office, on average, and their paychecks are fatter than they used to be. Yet Obama is, and will…
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Link: 2016: the year IT sales will go sdrawkcaB • The Register
$2.3T estimated for global IT spend in 2016, with the US seeing the most growth, 1% in Western Europe, and growth slowdowns in India and China. Source: 2016: the year IT sales will go sdrawkcaB • The Register
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Link: Walmart to Close 269 Stores as Retailers Struggle
Closing mostly smaller stores and Brazil. All in, just 3% of stores globally, and opening 300 next year. Sounds more like a re-tooling. There’s good coverage of the US retail climate as well. Source: Walmart to Close 269 Stores as Retailers Struggle
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Google Losing $8B to $9B on Side Projects, Estimates Morgan Stanley
Trying to figure out the various lines of business I. Google. Google Losing $8B to $9B on Side Projects, Estimates Morgan Stanley
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Global SMB IT spend heading towards $600 billion
“It predicts that global SMB IT spend – defined as firms with between one and 999 employees – could reach $597 billion this year, equating to an average of $700 per full-time employees and just over $8,000 per SMB business.” Global SMB IT spend heading towards $600 billion
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Rather than looking from the present out to the future, we need to look from the future back to the present to determine which actions will have the greatest impact and create the most economic value over time. http://edgeperspectives.typepad.com/edge_perspectives/2014/12/the-big-shift-in-strategy-part-1.html There’s a few more mouth-fulls in there, but the distinction between “terrain” and “hustle” strategies is…
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“Veblen goods”
In economics, a Veblen good is a member of a group of commodities whose demand is proportional to their price; an apparent contradiction of the law of demand. A Veblen good is often also a positional good. “Veblen goods”
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\”Wall Street’s internet darlings require an endless supply of idiots\”
With a headline like that, what’s not to like? [“Wall Street’s internet darlings require an endless supply of idiots”](http://go.theregister.com/feed/www.theregister.co.uk/2014/08/23/internet_economy_needs_infinite_supply_of_idiots/)
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Some things that are poor businesses
Doctors have obligations to their patients, teachers to their students, pastors to their congregations, curators to the public, and journalists to their readers—obligations that lie outside the realm of earnings, and are fundamentally different from the obligations that a business executive has to employees, partners, and investors. Historically, institutions like museums, hospitals, schools, and universities…
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Why the Housing Bubble Tanked the Economy And the Tech Bubble Didn’t
Why the Housing Bubble Tanked the Economy And the Tech Bubble Didn’t
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The money in apps – $500/month
The majority of developers still make less than $500 per app per month, but the overall “app poverty line” has moved from 67 percent to 60 percent, according to Vision Mobile’s Developer Economics Q1 2014 report. The analysis firm researched data from more than 7,000 app developers from 127 countries, from the United States and China…
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Yahoo gives Flickr a new face, a new app, and a new business model | Ars Technica
I love it when companies let you pay to stop showing ads: it gives you a good sense for how much each customer (each pair of "eyeballs") is worth. Here, $50/year. More: Yahoo gives Flickr a new face, a new app, and a new business model | Ars Technica
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If things go so badly that the S&P 500 becomes permanently worthless, I have a hard time believing that the people who own gold will rule the world. I think it’s more likely that the people who own steel that is conveniently shaped like guns will control everything, including all of the shiny rocks. At…

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