CurrentAnalysis, an industry analyst house that I have some respect for have a very nice top line piece on the TabletPC a couple of weeks ago. The key highlights are that a TabletPC is going nowhere without:
– A stronger retail presence
– A keyboard (what they call a convertible: a laptop were the screen swivels round to become a TabletPC)
– Adoption by the likes of Dell, IBM and AppleThey dont make any mention of:
– substitute products like PDAs, smartphones and Anoto pens
– the fact that the complex packaging and screen hinge will keep the product relatively expensive compared to laptops
– the compelling reason why it would get widespread adoption, especially when more and more people can type faster than writing
– why on earth Apple would want to make one?
Using a TabletPC is kind of like living with your family, it seems like a good idea at the time, but proves a lot harder after you have got used to other arrangements.
A number of years ago in college, I wrote an essay about the role of technology exclusion in society. This internetworking thing was only really starting to get going and we had just changed over the web browsers at the college from Mosiac to Netscape, I used to surf the web in 16 shades of grey available on my battered PowerBook 165, when I jacked into the JANET network. Why am I rambling about a geriatric computer and the ‘net before Google? Well, I used the web to research my essay and came across an article on the Washington Post about the ‘cash ghetto’, increasingly if you had to deal in cash you were on the margins of society. An article in the Arizona Daily Star, which my RSS feed aggregator picked up talked about the pervasive nature of Visa and MasterCard where cash was once king reminded me of the college essay. Interesting reading check it out.
First of a regular column by Gizmodo features ebooks and why they have failed to fulfil their potential. Hopefully they will cover Tablet PCs next.
There is an interesting article Sunk before they’ve even begun in the July/August issue of Real Business magazine regarding the effect of student debt on entrepreneurship. The article, was interesting because it touched on a seldom visited area, a number of articles have already been written to the effect that fewer students are going to go forward to caring professions, creative sectors or push the boundaries of knowledge because of the weight of the debt compared to their likely earning potential. According to the article, little research has been done in the area but empirical evidence would tend to indicate that student debt (which has risen considerably) has produced graduates who are less likely to innovate or take risks. One of the key reasons why this is occurring is that while UK universities are wanting to become like their generously private funded US counterparts, the universities are not holding up their side of the bargain. In the US, universities provide a wide and deep network of contacts for students and have close relationships with sources of venture funding. Something that UK academics provide a sketchy infrastructure that is a shadow of the facilities available to American students.
In addition, the UK has nothing equivalent to the veterans programme where the poorest members of society can go to college after a minimum amount of time spent in military service. If I was going to college now instead of ten years ago (after I had been made redundant in the downstream oil industry), I would not have been able to afford it and would be pushing boxes around a warehouse.
The UK stock exchange already underperforms the US stock exchanges because we have so few young entrepreneurs coming through like Michael Dell, Jerry Yang and David Filo or Larry Page. By giving into the free market demands of the further education sector Labour may have sown the seeds for further underperformance of the UK economy in the long term.
Can I be bothered trawling through the Google filings when someone from the Washington Post and assorted equity analyst will give up the juicy bits anyway? No. This Washington Post article here is of interest. Whilst I wont be buying the stock I will be bookmarking their virtual roadshow page.
What do I think?
– Sergei Brin and Larry Page are very smart people, yep, even smarter than me
– The auction and high price is reducing the chance of an internet bubble and ensuring that the offer makes Google rich and its Googleers rather than merchant banks, Wall Street insiders and other parasites like ‘friends of Frank’
– Their split capital structure means that they are building to last rather like the European families like the Quandt’s who run BMW or the Wallenbergs in Sweden, rather than just another corporate monolith
– If anyone stands a chance of not being ran over by Steve Balmer and his purile pranksters, its Mssrs Page and Brin because they are customer focused rather than competitor focused