News of the Day 1/5/2011

CES Is here, and . . . oh come on, we're gonna have plenty to talk about!

Economics/Geekonomics:
The Atlantic gives us an Infographic. Some of this is fluff, some interesting, but overall worth viewing.

An interesting speculation: with the large number of unemployed, the US has potential for a sudden hypergrowth spurt. I at least see the potential there in abstract; a lot of unemployed people who if they had a chance to be employed could do a lot. Also with technology there may be a chance to help people do more, better, and faster. Coming down from the abstract that would probably require concerted effort.

Have we hit "Peak Auto" in the US and the market is just saturated?

Mobile:
ATT is jumping heavily into 4G. Well they have issues but they're certainly aggressive. I think, tentatively, AT&T may be on a comeback after their recent misadventures.

Social Media:
Groupon may not be as hot as people think. A look at it's model, likely declines, and possible future. Basic argument is its model will not endure over time.

Technology:
A deeper look at Amazon's App Store.

An analysis of Google's strategy with Android – Viewing it entirely as an ad company. Some good analysis here I'd recommend reading.

A little more detail on Digital Sky Technologies, the russian investment firm whose been sinking money into several big names in Silicon Valley – like Facebook. They've got stronger ties to Goldman-Sachs than I thought – which as I've noted may not be good due to Goldman's past involvements and incidents.

Schools across the country adopt the iPad. A question here – has this made things harder on past crush object Kno?

In the world of internet service providing do cable companies have the upper hand? The argument here is yes.

Video:
Oh, this wasn't obvious – Comcast is getting into live TV streaming on Tablets. Yes, not surprising, but the embrace of it seems pretty powerful. At this rate Comcast really is just mutating into a data carrier – though I have to wonder just how the service is accessed and what agreements and issues may come up.

Vudu jumps into 3D movies – I can't say I'm impressed since I don't think 3D has taken off to quite the extent people (including us) predicted.

Video Games:
Nintendo will get a remade SMT Devil Survivor for the 3DS. Sounds like Atlus (who probably should be a crush object) is getting smart, but makes me wonder if 3DS support is just going to be ports.

THQ Makes deal with Mattell for toy line games – including HeMan. HeMan is a guaranteed money printing machine if done right, and THQ does know how to rock some decent-to-good combat and action games. The Mattell synergy is also good for the company, which has had its ups and downs recently.

QUESTION: How far is Comcast going to go to re-invent themselves?

Steven Savage

Those Powerful Christmas Gifts

(Some of this was covered in a past podcast, but I wanted to revisit the idea).

What do the Kindle, the iPad, and Smartphones have in common with Gift Cards?

If you answered "flat and I'm sick of hearing of them as gift options" you're close, but I think you're missing the larger picture.  Though I too nearly burnt out on Kindlepadphone news over Christmas, despite my high news-capacity (news is mental jello to me), I believe there is something important about the sales of the Kindle, iPad, and Smartphones over the holiday.  In fact, I think there's a trend here that is worth exploring as it's going to affect technology use, and sales, and any jobs related to them.

We've all heard how Amazon's Kindle sales have been awesome. (I did my part in contributing to them as you saw).  Of course it seems that iPads are selling like crazy(at least in estimates) and have been doing well since the beginning.  Smartphones appear to be hot gifts.  So what is this trend beyond "technical stuff sells" that I'm all worked up over?

Read more

Late Breaking Economic Geekery

As the resident Econogeek (say "Econogeek" it just SOUNDS cool), I of course consider it my duty to keep everyone informed of economic issues while not putting them to sleep.  Well we had a few things come up I wanted to post today:

The Wrecksas in Texas.  Remember how Texas was going to be the next big thing?  Turns out they've got a lot of budget problems too and I'm guessing there's not going to be a lot of effort to fix them in a manner that'll let the state grow.  If you don't think a state can do stupid things to its budget that constrain growth, then let me just mention I live in California, which is still pulling itself out of decades of bad choices.  An interesting description: Texas is Ireland.  (By the way, I'm not holding out hope for Florida either).

Goldman Sach's deal with Facebook.  This one has several repercussions, and frankly few of them good for Facebook.  Goldman's involvement has brought SEC attention which could force Facebook into an IPO.  Goldman does not have a good reputation among many after the financial meltdown, and it's involvement could tarnish Facebook.  Goldman is known for making all kinds of deals so they might draw Facebook into ventures, partnerships, and so on that aren't in the company's best interest.  Finally, Goldman's been known to be involved with "bubbles" before, and I wonder if their involvement might end up jacking up Facebook stock prices when it goes IPO – only to have a crash later.

Rudgers releases a study of a survey on workers here.  Some useful insights.

There's your quick economic blast!

Steven Savage