Importance of Black Swans

In one of the articles by Malcolm Gladwell, there is a description of a simple experiment, where a group of people were told to imagine that they had three hundred dollars. They were then given a choice between (a) receiving another hundred dollars or (b) tossing a coin, where if they won they got two hundred dollars and if they lost they got nothing. Most of us, it turns out, prefer (a) to (b).

Top 10 Technology Trends

Tech’s Top 10 Trends 1. Web services will evolve and create new businesses 2. Patients will demand online medical records 3. Corporate computing won’t see big changes for at least five years 4. The next big tech innovation will come out of China 5. Blogging and other online content will force traditional media to change 6. California will lead the world in embryonic stem-cell research 7. Text messaging will become more pervasive

Frequent Flier Program in doldrums

Any situation where the customer is forced to buy a product in anticipation of future benefits is definitely ruled by the laws of economics. Assets like loans, bonds etc are all affected by economic indicators like interest rate, inflation , supply, demand etc. Hence we see index based bonds, floating rate loans etc in the market. Frequent flier program is one such case of availing the air service today in exchange of an anticipated return of goodies in the future has also been effected by the demand glut.

Frequent Flier Program in doldrums

Any situation where the customer is forced to buy a product in anticipation of future benefits is definitely ruled by the laws of economics. Assets like loans, bonds etc are all affected by economic indicators like interest rate, inflation , supply, demand etc. Hence we see index based bonds, floating rate loans etc in the market. Frequent flier program is one such case of availing the air service today in exchange of an anticipated return of goodies in the future has also been effected by the demand glut.

Hot technologies in 2005

R&D Magazine conducted a survey asking 5 hot technologies where the investments are going to happen in 2005 .The results of the survey are : Technology% Response Fuel Cells41.4Nanotechnology40.1Anti-bio terrorism devices29.5Carbon Nanotubes21.1Battery Energy19.8Lab-on-a-chip19.8Drug Delivery Systems19.4Automobiles / Robotics18.1Drug Discovery15.9Bio informatics15.4RFID Systems15Smart Materials15Wireless Remote Sensing14.5Automated Surgery14.1