Gartner Forecasts Worldwide Banking and Investment Services IT Spending to Reach $652 Billion in 2023 - Banks spending more money on IT. They’re planning to spend on: “cybersecurity, data and analytics, integration technologies and cloud.” // And, keep moving to (public?) cloud: “More than half plan to increase investments in cloud, while reducing IT spending in their own data centers. This is reflected by slower growth in data center systems spending from 13.2% in 2022 to 5.7% in 2023.” // ‘Worldwide banking and investment services IT spending is forecast to total $652.1 billion in 2023, an increase of 8.1% from 2022, according to Gartner, Inc. Spending on software will see the largest growth with an increase of 13.5% in 2023…. “Current economic headwinds have changed the context for technology investments in banking and investment services this year,” said Debbie Buckland, Director Analyst at Gartner. “Rather than cutting IT budgets, organizations are spending more on the types of technologies that generate significantly higher business outcomes. Spending on software, for example, is shifting away from building it in-house, in favor of buying solutions that generate value from investments more rapidly.”'
Why did the #TwitterMigration fail? – Café Lob-On - Difficulty crossing the chasm. But, come on: it’s been less than a year.
All those naked Greeks… - I think the conclusion is status, power, beauty, and sex.
Bluesky Has Problems - Me: there aren’t enough people and, thus, communities yet. Also: federation isn’t really anything people care about, and, thus, not a feature worth spending time on.
2023-06-18 yesterday note
Mid-day.
For Father’s Day, Kim set me up with a nice hotel room that has a sauna in it. I think we’re developing a tradition of these parents days where the parent gets the day off. Sort of ironic, but fitting for the contemporary pro mental health vibe we all stew in. I was told to do no work, even my own projects. So I’ve been watching Batman: The Long Halloween.
Rest for the restless - “Maybe it’s my low tolerance for boredom. I can’t help but do something, anything. If only I could embrace boredom, and just let myself be. I can do a seated meditation for 10 minutes with no big issue of fidgeting, just focusing on my breath. But that’s still doing something? Reigning in the monkey mind, trying to keep a straight spine. Not quite what I imagine a relaxed state to be."
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I don't need to "do less to do more." I just need to do less.
The past is not what’s normal, the present is.