Friday, March 04, 2005

Carly's Wayward Ways at HP

According to an engineer in MIT's Technology Review, Carly Fiona gutted the research wing of HP Labs, by reducing the budget and forcing them to concentrate on short term gains. He feels this is and even bigger threat to the US economy than outsourcing, as the typical cycle from weird idea to marketable product is 5 to 10 years. Long term the payoffs are enormous, but the US will face a desert of new products for the near future, as Wall Street marketeers are directing the flow of cash overseas, where distant engineers will have time to think up new stuff outside of the contract we give them, and they will market first.

Zvonko, if that was you, my sympathies !

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