Comments on: Even Bigger Nightmare On Tech Street

By: Nvidia Cuts Sales Estimates by Half

Nvidia Cuts Sales Estimates by Half — Tue, 13 Jan 2009 17:30:56 +0000

[...] Nvidia is not just sucking wind as a result of the economy. It has also engaged in some poor pricing decisions, releasing a chip that’s much more [...]

By: In Hard Times, Chipmakers and Suppliers Butt Heads

In Hard Times, Chipmakers and Suppliers Butt Heads — Fri, 09 Jan 2009 05:02:01 +0000

[...] Higginbotham | Thursday, January 8, 2009 | 9:01 PM PT | 0 comments The pain the recession is currently causing for the semiconductor industry has been well documented, but it may also escalate tensions between chip equipment vendors and [...]

By: Your Dose: end of 2008 beginning of 2009 Roundup! «

Your Dose: end of 2008 beginning of 2009 Roundup! « — Wed, 07 Jan 2009 22:22:31 +0000

[...] Gigaon - Even Bigger Nightmare On Tech Street [...]

By: As Earnings Disaster Strikes, Intel Crying Inside

As Earnings Disaster Strikes, Intel Crying Inside — Wed, 07 Jan 2009 16:53:15 +0000

[...] of world’s largest original equipment maker, Taiwan-based Hon Hai Precision Industry Co warned that the troubles facing the technology industry (because of the global economic downturn) were much more steeper than people realized. His comments [...]

By: Decision Velocity » Blog Archive » Peak production, peak waste, social media and Must Ignore

Wed, 24 Dec 2008 00:25:38 +0000

[...] post today, Waking up from the ‘Nightmare on Tech Street’, itself a response to Om Malik’s recent piece. Finally, I felt, someone was touching on the upside of oil demands finally declining, or [...]

By: Tony

Tony — Tue, 23 Dec 2008 18:41:13 +0000

The system is severely out of balance. We work to much & things are overpriced.

If every year things become more automated, and we learn how to create the necessities of life with less effort, and
the infrastructure in countries moves from a development phase to simply a maintenance phase,
wouldn’t it make sense that the demand for labor and the work available would shrink? Our increases in productivity should be creating more and more time for recreation. Unfortunately the cost of living has been forced upwards largely from an oversupply in credit. There needs to be a major deflation in prices (scary to employees), or a major influx of capital to consumers (scary to anti-government republicans), to restore a healthy balance.

By: Even Bigger Nightmare On Tech Street | Om Malik | Voices | AllThingsD

Tue, 23 Dec 2008 08:01:20 +0000

[...] Read the rest of this post Print all_things_di220:http://voices.allthingsd.com/20081223/even-bigger-nightmare-on-tech-street/ SHARETHIS.addEntry({ title: “Even Bigger Nightmare On Tech Street”, url: “http://voices.allthingsd.com/20081223/even-bigger-nightmare-on-tech-street/” }); Sphere Comment Tagged: Apple, China, GigaOm, Hewlett-Packard, Hon Hai Precision Industry Co., Nintendo, Om Malik, PC makers, Terry Gou, Voices, Wall Street Journal, chip makers | permalink [...]

By: Jennifer Pahlka

Jennifer Pahlka — Tue, 23 Dec 2008 06:43:27 +0000

Ted, I totally agree with your comments, but wouldn’t that mean that you AGREE with Tim that’s the past years have been wasteful and that the flight to quality will mean less waste?

By: Mark Fuqua

Mark Fuqua — Tue, 23 Dec 2008 03:28:16 +0000

It’s called creative destruction and we’re a couple of decades over due. Central banks, especially the US Fed, decided to avoid recession at all costs…very similar to when the US Forest Service decided to suppress forest fires…with very similar results…huge amounts of undergrowth was allowed to grow up, so now, we have a dozy of a forest fire on our hands.

Forest fires are natural and very necessary to the proper functioning of the forest ecosystem. Through thier destructive power, dead wood and undergrowth are burned away, allowing new life to spring forth. By suppressing the forest fires, the US Forest service allowed so much undergrowth to develope, the eventual fire destroyed far more than it would have otherwise.

Likewise this reccession is going to be a dozy…but the end result will be great opportunity for many and the end of the road for many others…

By: Ted Shelton

Ted Shelton — Tue, 23 Dec 2008 00:05:32 +0000

I doubt this is a moment of “peak waste” as Tim O’Reilly writes in his response to your post. Or even that this is a bad thing, except in the short term, for the tech sector. The good thing about downturns is that they shake out weak players. Companies that shouldn’t be able to survive will finally collapse. The remaining ones will become stronger. Rationality (except where government intervention occurs) will determine which companies, like Apple, will continue to sell products like the brilliant iPhone and which ones, like RIM, will be forced to admit that their products (Storm) need to be entirely rethought… and others (LG Voyager?) will just go away all together.

This is a flight to quality across the entire economy. Bad businesses will be vanquished by good ones – we should rejoice.