Interesting E-mail between National Real Estate Market Financiers/Investors (Gloomy)

[jficquette]

[quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[jficquette]

[quote=CA renter]That was excellent, John. It sounds perfectly logical and very much in line with what we’ve been witnessing.

Prepare for a long, slow grind down. :([/quote]

The guy who wrote the email is an ex Goldman Sachs partner.

Glad you appreciated it.

John

[Allan from Fallbrook]

[quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.

[Allan from Fallbrook]

[quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.

[Allan from Fallbrook]

[quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.

[Allan from Fallbrook]

[quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.

[Allan from Fallbrook]

[quote=jficquette][quote=patb]
6. Mobile phones, and other devices are now becoming all sorts of tools and multiple use devices. Social networking is growing faster than anything anyone can imagine. The growth rates are beyond comprehension. This is where everything in the world is going from ordering food or reserving a car on Zip Car, to reading the news or anything. If you are over 30 you can’t grasp what is happening and how fast.

Thats crap. And as none of it’s monetized, what good is it?[/quote]

I think its in the context of fundamental changes in how our society uses the new tools available and its impact on how our economy works.

John[/quote]

I’m with Pat on this one. If I see one more of my twenty-something engineers stopping on a project to respond to a tweet or an IM, I AM going to shoot them.

As far as what I do (specialized engineering), none of those technologies/applications represents any sort of “fundamental changes”. They don’t carry data of any significant size, they don’t contribute to my bottom line in terms of productivity and they’re mainly time wasters.

I could give a rat’s ass for following around after Chad Ochocinco or Ashton Kutcher via Twitter.

[patb]

my take was the Biggest lie in the 90’s Internet
bubble was that Older people couldn’t possibly
understand the Internet.

I was an old Internet engineer from the 80’s
and was on the Working groups for 5 years.

I called BullS%^T in 98, and I’m Calling BS on
Web 2.0

I like the tools, but, unless they generate money,
what’s the point?

[patb]

my take was the Biggest lie in the 90’s Internet
bubble was that Older people couldn’t possibly
understand the Internet.

I was an old Internet engineer from the 80’s
and was on the Working groups for 5 years.

I called BullS%^T in 98, and I’m Calling BS on
Web 2.0

I like the tools, but, unless they generate money,
what’s the point?

[patb]

my take was the Biggest lie in the 90’s Internet
bubble was that Older people couldn’t possibly
understand the Internet.

I was an old Internet engineer from the 80’s
and was on the Working groups for 5 years.

I called BullS%^T in 98, and I’m Calling BS on
Web 2.0

I like the tools, but, unless they generate money,
what’s the point?

[patb]

my take was the Biggest lie in the 90’s Internet
bubble was that Older people couldn’t possibly
understand the Internet.

I was an old Internet engineer from the 80’s
and was on the Working groups for 5 years.

I called BullS%^T in 98, and I’m Calling BS on
Web 2.0

I like the tools, but, unless they generate money,
what’s the point?

[Author]

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