Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Suresh Ramasubramanian
Higher order skills in walking around maybe? I think he was talking about, for example marketers, who will still be around regardless of how much SMAC the industry leverages to sell whatever rubbish it is focused on selling. --srs On 19/10/16, 11:20 AM, "silklist on behalf of Bhaskar

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Suresh Ramasubramanian
If that data is their customers’ – it is NOT theirs to play with. And any improvements and automation in such data can only be delivered right back to their customer and nobody else, there’s enough NDAs around for that plus serious penalties for when they try to leverage a resource they have

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Bhaskar Dasgupta
only issue is, how much will you get paid to just walk around? If we want to take an example, see the wages of waiters…without minimum wage floors, its impossible to survive. flip side, who will pay for it? the average joe or mango man will have very little discretionary funds to spend on stuff

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Alaric Snell-Pym
On 18/10/16 15:42, Bruce A. Metcalf wrote: > The challenge to an economic utopia isn't building it or even > maintaining it. The challenge is to provide something for the > lumpenproletariat to do with their free time that is not more > destructive than what the creatives produce. Oh, I think

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Bhaskar Dasgupta
one of the examples I had asked to be funded was to leverage their data. this company manages banking processes. what i wanted was to tie up with ISI (not that one) and hire a small skunk work of data scientists and a data design / visualisation centre. And then wanted to do what rolls royce

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Suresh Ramasubramanian
IT companies buying product companies in a desperate bid to innovate .. let us just say that I’ve seen a lot of that happen at a previous workplace. The usual end result is that the founders and key employees quit in disgust after a while and those that are left are gradually absorbed into the

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Thaths
On Wed, Oct 19, 2016 at 12:03 PM Udhay Shankar N wrote: > On Wed, Oct 19, 2016 at 3:45 AM, Thaths wrote: > > > But occupying the time of the vast hordes of bored and restive > > > non-creatives will be a challenge, and it's a challenge I have not yet > > >

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Deepak Shenoy
Apologies for the plug but I wrote a piece a year back: http://capitalmind.in/2015/01/the-inflexion-point- for-the-it-service-industry-long/ So my point is that the problem isn't with IT companies - they will survive as IBM and HP etc have, and perhaps grow in single digit percentages and

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Srini RamaKrishnan
On Tue, Oct 18, 2016 at 8:12 PM, Bruce A. Metcalf wrote: > But occupying the time of the vast hordes of bored and restive > non-creatives will be a challenge, and it's a challenge I have not yet seen > addressed anywhere this side of Orwell. A good and stable society

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Udhay Shankar N
On Wed, Oct 19, 2016 at 3:45 AM, Thaths wrote: > But occupying the time of the vast hordes of bored and restive > > non-creatives will be a challenge, and it's a challenge I have not yet > > seen addressed anywhere this side of Orwell. > > > > I am surprised reading this from

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Thaths
On Wed, Oct 19, 2016 at 1:42 AM Bruce A. Metcalf wrote: > But occupying the time of the vast hordes of bored and restive > non-creatives will be a challenge, and it's a challenge I have not yet > seen addressed anywhere this side of Orwell. > I am surprised reading this

[silk] Future Institute?

2016-10-18 Thread Chew Lin Kay
Does anyone know the work of this group? http://www.futureinstitute.in Am asking for a friend, who would like to know more about the work they've done so far and where that has been applied. Thank you! Chew Lin

Re: [silk] Bump in the road, or end of the road?

2016-10-18 Thread Bruce A. Metcalf
"Charles Haynes" wrote: It's certainly possible that we will automate ourselves out of the need for "jobs" but that's only a problem if you believe that existing structures of wealth accumulation and distribution are appropriate for such a world. It seems obvious that

[silk] The sad illusion of India’s demographic dividend

2016-10-18 Thread Srini RamaKrishnan
https://www.ft.com/content/bce1cb26-9439-11e6-a80e-bcd69f323a8b The sad illusion of India’s demographic dividend The country’s middle class will lack the muscle to help drive the economy forward As Diwali, India’s festival of light, approaches, the weather in the hill station of Manali in the