Timmy elsewhere

At the ASI.

More on this capitalism shtick

5 thoughts on “Timmy elsewhere”

  1. This bookends rather nicely your post today about Apple. Apple, the former intrant, now huge incumbent. Chang and his like believe Apple’s purpose is OBVIOUSLY to provide a wide social benefit as defined by gov’ts. That they had never heard of Apple 20-30 years ago, or Microsoft or Google or Facebook or, is irrelevant; their purpose is the social purpose laid down by gov’t.
    Of course 30 years ago Gov’t (shall we call it the Courageous State?) was preoccupied with making sure IBM was fulfilling all its social obligations. So it was completely unaware of the next technology, the next big shift. It was completely unaware of how the world would look, how its own mechanisms would look. Yet still it believes it is best placed to guide us, with of course the help of the large incumbents.

    Sigh.

  2. So Much For Subtlety

    It was completely unaware of how the world would look, how its own mechanisms would look. Yet still it believes it is best placed to guide us, with of course the help of the large incumbents.

    It is worse than that because of the type of people they are. They are small little cogs in a large machine. So inevitably they think the next best thing is going to be whatever appeals to small cogs in a large machine. That is why all bureaucracies preferred large computers to small ones. IBM rejected the PC market. The Japanese government likewise took the whole industry down the path of ever larger computers and so ruined whatever chance they had to compete. Large computers are what small minded civil servants want. Tablets are what 15 year old girls want.

    I am not sure of the wisdom of empowering the latter but we can see the folly of empowering the former.

  3. What Ironman says.

    Where we would be now if some bureaucrat had been persuaded by MS back in the 80s that there was no need to look past the Windows operating system. Certainly no Apple and probably no smart phones either given Microsoft’s reluctance to see mobile computing as the future. So no tablets for SMFS’s 15 yo girls either.

  4. So where does Chang get he’s ideas from? Look at where he operates. The UK university system. Can you get a place less bound by regulation & more resistant to constructive destruction?
    He’s got himself ensconced on his pinnacle of academia. He’s got himself there by nodding to his predecessors. The whole established body of knowledge & being successfully examined on acceptance of. Now he’ll squat there, surreptitiously stamping on the fingers of aspiring mountaineers for as long as he can, using his manipulation of the regulatory structure. Just as they did. How can he think any other way?

  5. What’s the betting that if Mr. Chang’s central planners had been in charge for the last century, the Minnesota Minerals and Manufacturing Company (aka 3M) would be still be making sandpaper?

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