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Krugman: Is the Computer Revolution Coming To a Close?

ninguna writes "According to Paul Krugman: 'Gordon argues, rightly in my view, that we've really had three industrial revolutions so far, each based on a different cluster of technologies. The analysis in Gordon's paper links periods of slow and rapid growth to the timing of the three industrial revolutions:
IR #1 (steam, railroads) from 1750 to 1830.
IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900.
IR #3 (computers, the web, mobile phones) from 1960 to present.
What Gordon then does is suggest that IR #3 has already mostly run its course, that all our mobile devices and all that are new and fun but not that fundamental. It's good to have someone questioning the tech euphoria; but I've been looking into technology issues a lot lately, and I'm pretty sure he's wrong, that the IT revolution has only begun to have its impact.' Is Krugman right, will robots put laborers and even the educated out of work?"

5 of 540 comments (clear)

  1. Re:It's no longer funny. Stop it, please. by Scarletdown · · Score: 5, Funny

    It's almost getting as bad as the stupid "obligatory XKCD" links that dipshits will post here.

    I'm sure there is an obligatory xkcd link out there to better illustrate that.

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  2. Steam? Railroads? by skine · · Score: 5, Funny

    So IR#1 = Steam, Railroads

    IR#3 = Buying Railroad Tycoon on Steam.

  3. Re:Paul Krugman by Anonymous Coward · · Score: 1, Funny

    What part of "Opinion Pages" is difficult for you to understand? Fucking retard.

  4. Re:Not really by Anonymous Coward · · Score: 0, Funny

    especially after being set back ten years or so during the Microsoft dark ages.
     
    Total bullshit. If what was possible would have exceeded Microsoft than it would have happened in spite of Microsoft. I'm so sick of hearing this excuse from what are normally Linsux fanbois. You guys just can't stand the fact that the average user doesn't want to dicker with their machine for 6 hours a week just to keep things running as expected.

  5. How about Windows 8? by cjsm · · Score: 4, Funny

    Don't tell me the computer revolution is slowing down when Microsoft has just released Windows 8. Krugman obviously is out of touch with the computer industry and must be living in a cave, to be unaware of this life changing, revolutionary breakthrough. Windows 8 alone will throw the computer industry back into the dark ages, allowing the growth cycle to start all over again, reigniting the industry.

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