Eldar University - IT and Economy

  #ITManagement #Economy #layoffs See it on YouTube:   I wanted to start this series with very basic questions like "What is 'science'?" or "What is 'Computer Science'?". But today, in early 2023, the topic of layoffs is unfortunately dominating the minds of people in IT. So here we are. Prehistory In the early 17th Century the English and the Dutch sent their first trading expeditions to India (in 1600 and 1602). The sea trade was not a novel idea at that time, well known to Phonecians, Greeks, Arabs (have you heard of Sinbad the Sailor?), but the terms that we speak about came from Europe. A ship fully loaded with goods to trade was an expensive enterprise, so often several traders joined their funds to finance one. That was the first prototype of a corporation. Essentially it was a partnership, which was well known before the word "corporation" was used. The companions put their shares together and that's why shares, which we can tra...