Interesting People mailing list archives
IP: Technology Pros Discuss What Comes After the Fall
From: David Farber <dave () farber net>
Date: Sat, 28 Jul 2001 17:17:06 -0400
I will wonder out loud what enables these folks to now predict the future given they flunked the last test in predication??? Dave NY Times: THE American economy may or may not be in a recession but the information technology industry surely is, with no sign of an upturn. Lately, Silicon Valley, fabled for its invention, its can-do mentality and its dot-com fever, is looking a lot less fabled. For two hours last Monday, four veterans of the valley Craig R. Barrett, the chief executive of Intel (news/quote); Judith L. Estrin, a serial entrepreneur who is now chief executive of Packet Design Inc.; Mitchell E. Kertzman, the chief executive of Liberate Technologies (news/quote); and Eric E. Schmidt, chairman of Novell and Google, met at the Garden Court Hotel in Palo Alto to discuss the state of the high-tech world. Asking the questions of these executives, who sit on the boards of eight other companies, all told, were John Markoff, Matt Richtel and Judith H. Dobrzynski of The Times. Overcapacity and its probable longevity was on their minds. So were intellectual property issues, the lack of interest in technology among American students and the lack of interest in innovation in the valley, frustration with Wall Street analysts and pop-up ads on the Web, even their inability to get broadband in their homes. Following are excerpts from the conversation.JUDITH H. DOBRZYNSKI Q. What's the mood in Silicon Valley? When do you think you might get out of this downturn? BARRETT I'm more concerned about synchronous world recessions than I am in what's exactly happening in Silicon Valley or the U.S., even. The economy's relatively weak, obviously, in the U.S., in the high-tech sector. It's weak in Europe. It's actually pretty strong in Latin America. It's strong in the emerging Asian economies India, China, for example. Over all, we're all operating at one plateau level down from where we were six to nine months ago. <snip> http://www.nytimes.com/2001/07/29/technology/29ROUN.html For archives see: http://www.interesting-people.org/
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- IP: Technology Pros Discuss What Comes After the Fall David Farber (Jul 28)