I thought initially that this new internet platform that we all currently enjoy will continue to evolve and feed our unquenchable thirst for more content, more technology. For the most part I believe we have marveled for the last two decades at our accomplishments in the world - Everyone on the same platform to conduct a new way of business relationships. This new way of business is amazing and has made our daily lives better to communicate and work more efficiently on this new global environment. Nevertheless, I pose a simple question, are we too eager to embrace this new internet revolution? Or should we ask ourselves to slow down and look at what we are doing to ourselves in this new environment? My understanding of workload software is the processes of efficiencies when operating in this digital world. However, I’m going to attempt to explain this process/concept in how our bodies incorporate this same system efficiency or the lack thereof.
A few years ago I took my son on a road trip. It was my first time traveling alone with my son. I was really excited because my wife couldn’t make the trip and this was a “guy’s only trip” (no one to tell us what to do or eat). At the time my son was only five years old and I told him on every stop we made on our 7 hour trip “to get anything you want” of course, he was very excited and picked everything he wanted, candy of every kind and drinks of any favor. It turned to be a very fun the first two thirds of our trip. Oh I forgot to tell you, we were traveling in the winter time that- will make more sense later. On our last two hours of the trip my son became uneasy from the massive feast of indulgence and turned to me. His face covered in chocolate. I looked over and said “oh no are you okay? Do you want me to stop – do you feel like throwing up?” Before I could say anything…my son preceded to unleash an ungodly amount of previously eaten snacks all over in the front seat of my car! The point I would like to express is that workload processes works only efficiently on what it is fed but the outcome might be very different than what we intended like my son indulging too much on the wrong input and not realizing the outcome, no pun intended.
I recently started an internet business. I found that I could start my business with a minimal amount of funds. Years ago I attempted to start my business via the internet but the cost to start my new business was in the thousands of dollars. Unfortunately, I decided that I didn’t want to attempt this. Today, I started my internet business for just a few hundred dollars thanks to open source software like WordPress.
I understand the concept of outsourcing is utilizing the talents and resources from all parts of the world. However, I believe that Mr. Freedman fails to comment on the down side on and how this concept can turn horribly wrong. I was in financial services for the better part of life. I started in the banking business in the early 1990’s. The mortgage business only had two main players in the mortgage business FANNE MAE and FREDDIE MAC also known as Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. A few years later private banks got into the game of purchasing mortgages. In early 2000 as Mr. Friedman notes the new converges and one of the flatteners was the new way of doing business which resulted, in my opinion, the start of the housing disaster. I credit our political geniuses in our government that decided to deregulate mortgage derivatives as a result Wall Street decided to get more involved in the mortgage business by selling mortgage securities globally. I believe that outsourcing gives only a small piece of the pie of accountability to a very few. I believe the danger behind that concept of outsourcing is who will take ownership of the whole pie when all the pieces of the pie are reassembled? Back to my trip with my son without my wife – it seemed like everyone in America was taking out home loans and obtaining credit because it was so easy to obtain. Back in 2005 at the peak of our excess almost anyone who had a heartbeat could get a loan no matter what your obligation was and the bank didn’t really care if you paid your loan back or not. The economy was growing at a record pace there seemed like there was no end to the party. Everyone was making money buying and selling real estate. However, in late 2007 the mortgage business – like my son- got extremely sick and barfed. I still believe that technology is awesome but I think that we need to stop and observe what it is doing in our daily lives.
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