tag:blogger.com,1999:blog-7169279.post5901809235981465992..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Technology Today!Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7169279.post-53971864436121431302008-05-06T22:43:00.000-06:002008-05-06T22:43:00.000-06:00-1 on Trinity for a spelling error.This is a fairl...-1 on Trinity for a spelling error.<BR/><BR/>This is a fairly common phenomenon: the level of a variable does one thing, but the growth of the variable does the opposite.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-39053617703205758222008-04-15T21:14:00.000-06:002008-04-15T21:14:00.000-06:00Dr. Tufte said that technology lowers income in th...Dr. Tufte said that technology lowers income in the short run. This is because it is so hard to keep up with. Everyone has had an experience where they bought the best thing on the market and was the envy of their friends. This situation usually only lasts about a month, before someone has a better device. Technology is costly and can be very effective.carterhttps://www.blogger.com/profile/05176187104000148384noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1948368464151893822008-04-15T11:56:00.000-06:002008-04-15T11:56:00.000-06:00Dr. Tufte- I disagree with your last comment. I do...Dr. Tufte- I disagree with your last comment. I don't belive more is always better. There are many companies that take on new technologies because it seems like a good idea and everyone else is doing it. Many times, these companies didn't compare the actual costs and benefits and chose poorly. Christensen's accounting systems example comes to mind. Many companies buy another system to control CMChttps://www.blogger.com/profile/06230361937701865420noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-5463531097813001502008-01-29T10:55:00.000-07:002008-01-29T10:55:00.000-07:00This isn't quite what I meant.I think more is alwa...This isn't quite what I meant.<BR/><BR/>I think more is always better, on net. But, there are always costs involved.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-73843359324541571682008-01-28T22:30:00.000-07:002008-01-28T22:30:00.000-07:00I agree with Dr. Tufte that technology is a double...I agree with Dr. Tufte that technology is a double-edged sword. Today's generation is demanding more and more technology. Kids get bored when they aren't multi-tasking – they can be listening to music, instant messaging, texting, watching television, and surfing the Internet all at the same time. But many times, we have an information overload, which can be almost as bad as no information at Matthewhttps://www.blogger.com/profile/12123732548787517799noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-35663979198736840292007-03-09T14:37:00.000-07:002007-03-09T14:37:00.000-07:00Those comments may be true, but technology also al...Those comments may be true, but technology also allows small businesses to compete very differently than they could have even ten years ago. A small, web-based business can successfully sell to a national market that they could not have touched before. Yes, technology is quickly changing and that can be difficult manage, but those very changes can create opportunities that have never existed Kamihttps://www.blogger.com/profile/12608449449703165340noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-53467957159587363842007-03-09T12:28:00.000-07:002007-03-09T12:28:00.000-07:00There's a lot of angst in those comments.One nitpi...There's a lot of angst in those comments.<BR/><BR/>One nitpick - a few very limited branches of newer technologies might be doubling every few years, but for most, doubling every generation or two is more reasonable.<BR/><BR/>In macro, growth theory has shown (and this is backed up by empirical evidence) that technology is a double-edged sword. Technological growth is associated with declining Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-23086904068085015632007-03-08T11:13:00.000-07:002007-03-08T11:13:00.000-07:00I think that the great technology push has a few p...I think that the great technology push has a few problems. For one, it is causing businesses, especially ones that are a smaller and less inclined to learn about the new technology, to fall behind. I know many local companies that have not been able to keep up with larger, more advanced companies. Its terrible that these smaller companies are dying out! Also, technology is increasing so fast Giant Jhttps://www.blogger.com/profile/16470797618922472934noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-78639289592486821852007-03-07T18:26:00.000-07:002007-03-07T18:26:00.000-07:00Overall, technology is a great thing. It makes us...Overall, technology is a great thing. It makes us more productive. More productivity means more wealth and more wealth means a higher standard of living. Anyone who disagrees has "never had the joy of a welfare Christmas" (Everclear 1997). <BR/>The only thing that annoys me in the whole technology boom is the perpetuating speed at which it is causing us live. Because technology allows us to Jacksonhttps://www.blogger.com/profile/16938969552429731085noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-32700603851523561162007-03-07T16:07:00.000-07:002007-03-07T16:07:00.000-07:00I like technology and I think that when it is prop...I like technology and I think that when it is properly and effectively used it can be a very powerful and useful tool. What bothers me about technology is how rapidly it changes. In addition, I find it a pain in the neck when I have to learn a new system or a new technology. I think that technology can be very useful, but at the same time, it can be very time-consuming to try and learn all that Jacobhttps://www.blogger.com/profile/09035832830809040968noreply@blogger.com