From the CEO of Palm predicting that Apple would fail at making phones to IBM’s chairman predicting that Walmart would crush Amazon, the history of technological upheaval is littered with the ironic dismissals of establishment executives predicting it would all amount to nothing.
There’s a couple factors at work here. The first is survivor bias: all startups raise money by promising revolutionary change; most startups fail. We don’t remember the executives who correctly predicted the failure of grandiose startup revolutions, because this is totally unremarkable. Every startup will be pooh-poohed by someone, and so you can work backwards from the minority of successes to find and embarrass their detractors.
The other factor is the business equivalent to Arthur C Clarke’s first law: “When a distinguished but elderly scientist states that something is possible, he is almost certainly right. When he states that something is impossible, he is very probably wrong.” Successful people are good at figuring out how to go on succeeding the way they always have; they suck at figuring out whether something really different will fail.
Nevertheless, this collection of 33 quotes from senior execs at yesterday’s giant companies who predicted the failure of today’s giants are a fun bit of schadenfreude.
We’ve been told the economy is in an upturn, but I’m afraid that only means the rich are making profits again. Seems this is largely based on underpaying most people, as so many good jobs with benefits are gone, obliging people to hold down multiple part time jobs instead with raises and bonuses now the stiff of myth. As a result, the retail market is again tanking, since many are not getting…
We’ve been told the economy is in an upturn, but I’m afraid that only means the rich are making profits again. Seems this is largely based on underpaying most people, as so many good jobs with benefits are gone, obliging people to hold down multiple part time jobs instead with raises and bonuses now the stiff of myth. As a result, the retail market is again tanking, since many are not getting gifts at all, while others are reduced to shopping at s is at the dollar store.
I’ve been making gifts for most of my life, not just because they are economical, but because if I make them myself they aren’t going to fall apart immediately. If you can sew or knit, you can male personalized gifts like this Teddy Bear I made for my neice decades ago (that her children play with today).
It is late to start making your own, but here are a couple ideas of gifts you can make in a relatively short period of time.
Eatables
Bake cookies, cakes and Christmas treats etc. and package them in tins, mason jars, whatever you have (note: especially if it is a reuse tin or plastic container, be sure to line with waxed paper)
In Canada blank burnable CDs are more expensive than blank burnable DVDs (thank copyright law for that bit of foolishness), but for the music lover’s in your life that may be just the ticket. One of my absolute favourite musicians is Josh Woodward, who releases all of his music CC by, again, making it easy and legal to download and burn a CD.
Great gifties for grandparents: plaster of paris toddler hand or footprints. Best to use a disposable container for the plaster placque.
1. mix the plaster
2. pour plaster into container
3. Press a pencil or straw into the plaster at the top so the plaque can be hung on the wall
4. cover your child’s hand or foot in vaseline before pressing it into the plaster.
IMPORTANT: DO NOT submerge. The top of the hand or foot needs to be able to lift out cleanly.
5. Paint (or not)
Make decorations out of bits and pieces around the house. Broken bits of costume jewellery and toys can often be refurbished, or you can paint a Grinch on an old lightbulb.
You can find many “blanks” (plain wood boxes, christmas ornament cutouts, picture frames, clocks) at craft or dollar stores. You can decoupage pretty pictures cut from magazines, or pictures of your kids on these (modge podge) or you and/or the kids can paint or decorate them. You can get water based Tempra paint (like they use in elementary school) if your small kids are doing the decorating, more durable (and still water based) is acryllic craft paint available from art, craft, hardware or dollar stores. A few bottles of primary colours will go a long way. Crayons or markers can be used as well.
Make your own bakers’s clay ornaments etc. with the recipe at a maker’s space.
You can also make a lot of decorations by hand– paper snowflakes, paper chains, and my absolute favourite: popcorn garland! Use old colour comics or magazine pages for wrapping.
How can you go wrong with cork, toothpicks, pipe cleaners and googly eyes? The problem is balance… any tree ornament should be able to dangle prettily from a branch. But Rudolph? Not so much… he has to be close enough to the branch below for support. He’s cute as the dickens, though.
We’ve been told the economy is in an upturn, but I’m afraid that only means the rich are making profits again. Seems this is largely based on underpaying most people, as so many good jobs with benefits are gone, obliging people to hold down multiple part time jobs instead with raises and bonuses now the stiff of myth. As a result, the retail market is again tanking, since many are not getting…
We’ve been told the economy is in an upturn, but I’m afraid that only means the rich are making profits again. Seems this is largely based on underpaying most people, as so many good jobs with benefits are gone, obliging people to hold down multiple part time jobs instead with raises and bonuses now the stiff of myth. As a result, the retail market is again tanking, since many are not getting gifts at all, while others are reduced to shopping at s is at the dollar store.
I’ve been making gifts for most of my life, not just because they are economical, but because if I make them myself they aren’t going to fall apart immediately. If you can sew or knit, you can male personalized gifts like this Teddy Bear I made for my neice decades ago (that her children play with today).
Make decorations out of bits and pieces around the house. Broken bits of costume jewellery and toys can often be refurbished, or you can paint a Grinch on an old lightbulb.
