One Expert Pegs Yearly Cost of IT Failure At $6.2 Trillion

blognoggle writes "Roger Sessions, a noted author and expert on complexity, developed a model for calculating the total global cost of IT failure. Roger describes his approach in a white paper titled The IT Complexity Crisis: Danger and Opportunity. He concludes that IT failure costs the global economy a staggering $6.2 trillion per year."

Comments

Does your company lose 10% to IT failure?

[BadAnalogyGuy]

The global domestic product is approximately 60 trillion USD. If 6 trillion is lost to IT failure, then on average, every company is losing 10% productivity to IT failures.

This is simply not credible, and this guy should be strung up by his pinkie toes and flogged with ostrich feathers until he admits he eats eggs benedict on Tuesday mornings.

Re:Something's wrong with adblock

[fuzzyfuzzyfungus]

Sounds like somebody needs to hack together a new form of adblocker.

Integrating data from social media networks(get your checkbooks ready and form an orderly line, venture capitalists), particularly those, like linkedin that handle professional affiliations; along with influence peddling/lobbying data from the likes of opensecrets, this tool could automatically grade the trustworthiness and cheap-hackticity of a given article's author, saving you the trouble of manually ignoring the astroturf and marketing fluff.

It'd be a lot trickier, and less precise, than just using regex and blocking known-evil domains; but, in principle, it should actually be possible to use "social media" normally a stalwart friend of subhuman marketing scum, as a source of the information necessary to thwart the same in their vile designs...

Re:incompetence

[pnewhook]

So I'm not a programmer because I don't accept crappy buggy code? Get real. I've 20 years of real-time mission critical coding experience; I know what constitutes good code and architecture, and what is bad.

Software developers need to learn they have to ARCHITECT code. You cannot just hop in and start writing code without a plan. It would be the same as trying to build a house without blueprints, just nailing up wood at one of the corners.. It will kind of look like a house when done, but will have lots of problems. Code is the same thing.