The Press Releases of the Damned
Harry writes "Once upon a time, Microsoft said that Windows Vista would transform life as we knew it. Palm said its Foleo was a breakthrough. Circuit City said firing its most experienced salespeople would save the company. And Apple said that Web apps were all that iPhone owners needed. I've collected the original press releases for these and other ill-fated tech announcements, and annotated them with the facts as they played out in the real world."
The stupid "article" is spread over 8 pages. Slashdot should have some standards for posted articles... and no, I'm not new here.
Microsoft said that Windows Vista would transform life as we knew it.
to a living hell!
You'd think when people used screenshots of something they threw together in a word processor they'd at least turn off auto-spell check underlining so it doesn't stick out like a sore thumb.
"Peace for our time" - Neville Chamberlain http://en.wikipedia.org/wiki/Peace_for_our_time == "Peace after 1946"
"Mission accomplished!" George W. Bush http://en.wikipedia.org/wiki/Mission_Accomplished == "Mission not accomplished"
"Titanic goes down: everyone safe" Daily Express, April 1912 http://www.newstatesman.com/200606190037 == well, even the Cameron film didn't distort reality quite that much.
Why is it that in this day and age the movement of the market (and the whole underpinnings of the global economy) is based on things like the perception of how someone wrote a press release?
It's because investors and speculators are indeed crazy. People are sheep.
My parents told me a story of how my grandmother flagged them down as they were driving down the street one day. They pulled over and my grandmother came over to the car, looked around to make sure nobody would overhear the sage investment advice she was about to reveal, and said "pepper's going scarce".
There was a rumor amongst all the old ladies in town that there was a shortage of pepper, and so they were rushing out to the stores to buy all the pepper they could before it ran out. For a week or so, there was a real shortage of pepper in that city, because of all the old people rushing to buy it.
Compare that to what happens to the retail price of fossil fuels when something just as ridiculous happens, and you can see that the people who have influence over the price of things are just a collection of irrational sheep. Once you realize that, it becomes clear as to how you can influence markets and prices if you have some money to invest in the right place or if you can say the right words in front of enough people.
Putting moderation advice in your
Cocaine is not a cleaning product...
Sure it is... it works great at getting that pesky cartilage stuff out of your nose.
Get a web developer