Eldar University - IT and Economy

#IT, #Economy This article points out to a rarely considered reason that drives high-tech salaries up: corporate greed. This is a basic premise of Ayn Rand capitalism theory that individual greed (self-interest) produces a common good. How is self-interest of large corporations expressed today? One of the main forms is the pursuit of technology that allows to create products that can do more and that are easier to use. And therefore, to get ahead of the competition and get better profits. Makes sense, right? Right. But now let’s see the other side of it. Reminder about IQ Let’s refresh some background information that will be very useful for our further conversation on the topic. To be factual and not emotional we will need metrics. The metric we will use is IQ. It is well known that IQ is not the best metric to predict people’s success, however we are not talking about success, and for the matter, we will discuss, IQ is quite adequate tool. So, clearly you know that by IQ ( Intelligen...

#Social #Attenton #AttentionOverload #Neurophysiology #Locality #ITManagement #ITDesign #UI In the United States there is a legitimate diagnosis called Attention Deficit Disorder. Today we’ve got it on the whole society level. We overload people, their brains and cognitive abilities with irrelevant disruptions and information. This article talks about how to account for it in UI and workflow design. Who owns your time? It’s 2am. You just finished the last important task for today and plan to go to sleep. But there is one more small thing – to pay a bill. You log in to online bank and... ouch... the bank decides that you absolutely need to read changes in the terms of service and agree to them. Like you have an option to disagree, right... And right after, online bank UI starts to wonder if you want a new credit card with this new shiny design on it. After all, how can you be uninterested? They’ve printed a cute husky dog on it! It takes a few clicks to convince them that you are not in...

#Economy #Socium #SocialSystem #ITManagement This article explains a different classification of human social systems – cooperative, imperative and servitude, and show why the dominating today servitude system conflicts with the Knowledge Economy and Knowledge Age. It also suggests what to do about that. A different classification of social systems In the article devoted to the knowledge economy we used a most popular today classification of social systems “hunter-gatherers”-slavery-feudalism-capitalism-socialism. This classification is based on economic relationships between people. By meaning it comes to Karl Marx, even though he did not really used words “capitalism” or even “socialism”. While that system is certainly important, we will use today a very different classification of social systems based on the reasons why people stay in society. This is cooperative-imperative-servitude classification . Cooperative society is when cooperation is the reason why people stay inside. A sma...

 Finally recorded a video for the  "Office Evolution" article :

 #Economy, #KnowledgeAge, #KnowledgeEconomy, #DiscoveryEconomy, #SocialSystems This article introduces the idea of Discovery Economy which seems to take a root in the world economy. Parable preface In a far far away land, there was a very lonely king. So, he wanted to marry a princess. He had heard of one locked in the highest room of the tallest tower of a castle guarded by a fire breathing dragon. The king did not have time for such technicalities as killing a dragon or finding the princess and the castle in the first place, so he called the Hero and asked him to rescue the princess and bring her to him. - Sure thing, Your Majesty, - said the Hero, - but I’ll need some time and road expenses. - Talk to my Treasurer, he will provide you for the road, - casually dropped the king and turned to more important things to do. - It does not work this way, - said the Treasurer self-importantly, - Write the Design. Where will you go, which cities you will visit, how much room and fo...

#KnowledgeEconomy #KnowledgeAge #KnowledgeWorkers #Economy #SocialSystems #BoringBackground This article explains what knowledge economy is and provides the background info necessary for that explanation. Preface In 1959 “the father of American corporate management” Peter F. Drucker introduced a term “knowledge workers” in his book “The Landmarks of Tomorrow”. Basically, he noticed that since the World War II, we’ve got a lot of workers who could not be managed in the old, Industrial Age, ways. “Scientific Method” of Taylor1 simply did not work anymore with these workers. And the suggestion was to manage them differently. Later a lot of other people contributed to how it could be done, and it’s still very much work in progress. Adding to that statement, it’s fairly clear why it did not work. Tailor’s method was to split a complicated process, like creation of optical lenses or arsenal workers. With knowledge workers splitting work into tiny steps on one project did not work, because on...

The Paperwork Reduction Act (PRA) is a United States federal law enacted in 1980 designed to reduce the total amount of paperwork burden the federal government imposes on private businesses and citizens. United States Federal Law enacted by the 96th United States Congress. Effective December 11, 1980. #ITManagement #Management #Economy #ParasiticLoops #Complexity #TechnicalDebt This article explains the phenomenon of Economy of Complexity, its kinds and when does it become really bad. What is Economy of Complexity? What is this, Economy of Complexity? To make it short, the economy of complexity appears when a significant cost for a customer comes not from the materials and labor costs, but rather from the artificially raised beyond measure complexity of the process, service or a product . The classic example of the economy of complexity is bureaucracy. Imagine that you live a couple of centuries earlier than our time and come to some small European city to an insignificant city clerk w...