Longweekend:
Quote:D) where are these miracle high bandwidth apps that should be available by now from the places that already have FTTH??? don't exist...
I wish I had a crystal ball to tell you Longweekend so that we could both make a fortune as these new aps came to market (or better still, invest some venture capital in sure fire winners early in development
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Many many years ago I worked for IBM. As an employee I could be on a stock purchase plan - Their shares were about $250 and grew to $450 and had a stock split (2 for one) and their shares were back at $250 - great
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But IBM didnt have a crystal ball either.
They knocked back an opportunity for the rights to a photocopier patent (Xerox took it up).
with the mild interest in the introduction of microcomputers, IBM gave them legitimacy in the business world with the introduction of the IBM Personal Computer (or PC as we call them). They clearly didn't think there was much potential - the PC design was open architecture so anyone could copy, and they gave the software rights to a startup company called Microsoft.
I believe IBM shares are currently worth about $1.00. Clearly IBM lost its vision for the future or what people can do with new technology.
Imagine if the there were people like Abbott, Turnbull (or Longweekend) around in the 1920's to approve or disapprove the fantastic load carrying capabilities of the Sydney Harbour Bridge. A capability that was way beyond that needed at the time.
Australia has had some great visionaries in our time. Whitlam, Keating and Howard - even with each of their faults, pushed Australia forward. Our current government would have us using tin cans and a string.