InfoWorld

InfoWorld: “Microsoft's Bill Gates kicked off the company's annual Financial Analysts Day here Thursday by announcing the company will boost R&D spending by 20 percent from $4.3 billion in FY 02 to $5.2 billion in FY 03.” [Scripting News]

Paul Andrews

Paul Andrews: “I'd feel more optimistic about R&D at Microsoft if the company could point to a single successful original product to emerge from R&D expenditure.” [Scripting News]

Measurement

Measurement It seems like any time you try to measure the performance of knowledge workers, things rapidly disintegrate, and you get what Robert D. Austin calls measurement dysfunction. His book Measuring and Managing Performance in Organizations is an excellent and thorough survey of the subject. Managers like to implement measurement systems, and they like to tie… Continue reading Measurement

Frank McPherson Thinks Churches Need To “Shift,” Too

Frank McPherson Thinks Churches Need To “Shift,” Too. “Today I had a good conversation with Matt and his wife, Kim, about the unique perspective that Gen-Xers have on church. In particular, Gen-Xers expect far more use of computers and electronic communications such as e-mail, instant messaging, and yes, even PowerPoint. One of the things that… Continue reading Frank McPherson Thinks Churches Need To “Shift,” Too

Hey, for what its worth:  the US isn't in a recession.  Most economists think we are going to grow from 3-4%.  Productivity is expected to grow 4%.  Real wage growth is over 3%.  Inflation is nearly zero.   Fed rates are expected to remain unchanged for the rest of the year.  In fact, even the markets are still up big from their early 90's levels (the Dow is still 2x over its 1990 level and the NASDAQ is 3x).  Housing prices are up 12% nationally.

There are still those that think we are headed for a financial depression ala Japan in the 90's or the 1930's US.  If you are in that camp, please sell all your assets for cash and move to a cabin in the woods.  I bet you can get a great deal on a survivalist cabin from all those Y2Kers that moved out there in 1999. [John Robb's Radio Weblog

Hey, for what its worth:  the US isn't in a recession.  Most economists think we are going to grow from 3-4%.  Productivity is expected to grow 4%.  Real wage growth is over 3%.  Inflation is nearly zero.   Fed rates are expected to remain unchanged for the rest of the year.  In fact, even the markets… Continue reading Hey, for what its worth:  the US isn't in a recession.  Most economists think we are going to grow from 3-4%.  Productivity is expected to grow 4%.  Real wage growth is over 3%.  Inflation is nearly zero.   Fed rates are expected to remain unchanged for the rest of the year.  In fact, even the markets are still up big from their early 90's levels (the Dow is still 2x over its 1990 level and the NASDAQ is 3x).  Housing prices are up 12% nationally.

There are still those that think we are headed for a financial depression ala Japan in the 90's or the 1930's US.  If you are in that camp, please sell all your assets for cash and move to a cabin in the woods.  I bet you can get a great deal on a survivalist cabin from all those Y2Kers that moved out there in 1999. [John Robb's Radio Weblog

Expert: Palm Beach's New Voting Machines Have Problems

Associated Press via TBO.com – Expert: Palm Beach's New Voting Machines Have Problems. WEST PALM BEACH, Fla. (AP) – The voting machines that replaced butterfly ballots and hanging chads are checked by an “Enron-style of auditing” and don't provide voters any assurance that their votes are being cast, an expert testified Tuesday. Rebecca Mercuri, a… Continue reading Expert: Palm Beach's New Voting Machines Have Problems

John Robb's Radio Weblog

A hidden engine behind the stock declines (as opposed the obvious engine:  the malfeasance of America's corporate executives) are hedgefunds that control $560 b in assets for the extremely wealthy (this is double 2 years ago).  These unregulated and secretive funds are heavily shorting the market, driving it lower.  The upshot is that as wealthy individuals get wealthier… Continue reading John Robb's Radio Weblog

Amazon.com Launches Web Services

Amazon.com Launches Web Services. “We're putting out a welcome mat for developers — this is an important beginning and new direction for us,” said Jeff Bezos, founder and CEO of Amazon.com. “Developers can now incorporate Amazon.com content and features directly onto their own websites. We can't wait to see how they're going to surprise us.”… Continue reading Amazon.com Launches Web Services

Translucent databases

Translucent databases. I had lunch with my old pal Peter Wayner yesterday, and he gave me a copy of his new book, Translucent Databases. In the book, Peter defines translucency as an approach that “lets some light escape the system while still providing a layer of secrecy.” … [Jon's Radio]