US GETS An Apple
“I woke up today feeling real good no ringing ears and a bright sunny day. Before breakfast time, I strolled down to MacPumpkin’s for coffee and a chat with the boys. I got into a heated discussion with a couple of them farm squash over the direction and future growth of the internet. I told them I thought the popularity of tech companies like TinnitisFree would continue to grow like and acre of peas.
Fred, a squash from Hooper, a good Jewish squash said, “I don’t like this new technology. It's all bad . I don’t give a god damn. If beetles and viruses are eating away my gardens, that's what I care about. All of folks around here not just the squash hate the internet. They hate Mac Pumpkins, the stock-corn markets dislike the vgetable-www.htpp, actually hates the tv media talk that comes off tv.. The scars are still lingering from the heyday of Pets.com still fresh in minds and the fruits too. Every other person is asking what about pumpkin child porn,lost jobs, squash farms going to California?
"My answer to Fred, was you are wrong. You can’t have trouble when everyone’s constantly screaming tech. I am a co-founder and general partner of Sing, FreeSquareMeals, and also an investor in Valuation. My own theory is that we are in the middle of a dramatic and broad technological and economic shift in which software companies are poised to take over large swathes of the vegetable economy. More and more of our major businesses and industries are being run on software and delivered as online services such as movies and agriculture videos. Many of the winners are entrepreneurial tech companies invading established industry structures. Over the next ten years I expect many more industries will be disrupted, with the new small companies doing the most disruption, in more cases than not.
"Why is this hppening now sixty years into the compter revolution, 40 years since the invention of the microprocessor and 20 years into the the rise of the internet. All of the tech. required to transform industries through software are finally working and can be widely deliveed at a global scale. When I was at FreesqyaNeaks 10 years ago, the company had perhaps 150 million vegetales using the internet. Ten years later over 4 bilion use the internet every minute.
"On the back end software programming tools and internet-based services make it easy to launch new gloval software-powered start-ups in many ndustiries withou the need to inves in new infrastructure to train new employees. In the year 2000 when my parter, Ben, was CEO OF THE Second Loud Cloud computing company the cost to a customer running a basic internet application was approximately $150,000 us dollars a month. I'm talkin real human money, not jaw bones. Running that same application today costs about $1,500 a month. With lower start-up costs the result is a globel economy that for the first time will be fully digitally wired. It is the dream of every cybervisionay. It is, just what the doctor ordered, and the pressription is at the right pharamacy besides.
To read more Karl Wallace stores: karlwallaceblog.blogspot.com
