Saturday, December 20, 2014

Vaporware

As services start dominating economies globally, one wonders whether human activity is creating more 'vaporware' than anything real and useful! 

High speed algorithmic trading now accounts for half the trading volumes in American stock exchanges. Some of the world's most valuable companies are those that help people share frivolous videos and pictures, those that search and find information that exists already, those that allow people to communicate in very few characters the latest gossip going around!

Once in a while, you hear of technologies that help extract gas from rocks and reduce fossil fuel consumption. But mostly it's sharing cat videos and celebrity bling.

As golf's popularity wanes, the innovation there is to kick foot balls into large holes!!! Is that real progress? Where has all the ingenuity gone? Have the minds become numb from watching silly videos and inane tweets?

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