
I was listening to ‘Analysis’, a BBC Radio 4 podcast about the credit crunch. It turns out that giving people six figure bonuses to destabilise the banking system isn’t the best way to run a modern economy. So given that driving the economy via financial services has ended in collapse and misery, the question being asked was what should replace it?
The answer was that we should get back to what we are good at – technology. The argument was that finance has gone too far, other countries do basic manufacturing better and cheaper (admittedly by working children 14 hours a day with no toilet breaks) and we’re not suddenly going to start exporting huge quantities of basic commodities. So technology will be the new driver.
So good news fellow tech nerds. When the dust settles on the credit crunch we will be the new investment bankers. So say farewell to tiny monitors, rickety office chairs and crappy vending machine coffee and say hello to corner offices, chair massages and ludicrous annual bonuses. It’s Aston Martins’ all round. So when I’ve finished delivering a minor website upgrade I see you all in the champagne bar for a 4 day celebration. It’s only what we deserve.
The answer was that we should get back to what we are good at – technology. The argument was that finance has gone too far, other countries do basic manufacturing better and cheaper (admittedly by working children 14 hours a day with no toilet breaks) and we’re not suddenly going to start exporting huge quantities of basic commodities. So technology will be the new driver.
So good news fellow tech nerds. When the dust settles on the credit crunch we will be the new investment bankers. So say farewell to tiny monitors, rickety office chairs and crappy vending machine coffee and say hello to corner offices, chair massages and ludicrous annual bonuses. It’s Aston Martins’ all round. So when I’ve finished delivering a minor website upgrade I see you all in the champagne bar for a 4 day celebration. It’s only what we deserve.