No, Tech Isn’t the Only Part of the Economy That’s Growing (opens in new tab)

(nymag.com)

2 pointsondiekijunior11y ago4 comments

4 comments

This rib on Sama was in my opinion taken out of context too much. But then sama's statement; if it were made to the non-tech population would be disingenuous. However it was made at a tech event, so wasn't to be misinterpreted. And when they mentioned food service; I thought all those food service apps, loyalty programmes, CRMs and all the technical hardware

wallenjehn11y ago

Not really. What the world thinks of tech is pets.com. There was no clarification that tech isn't only apps and websites. Thats why they misinterpreted Sama

bcbrown11y ago

Those graphs are pretty misleading. In the first one, manufacturing jobs rose from 11,500 to 12,100 over 4 years, or 5% growth over that period. The graph makes it look like roughly 1000% growth.

ondiekijuniorOP11y ago

I just realized that. At a glance it seems the entire US economy is growing at a tremendous pace. The mind by default has the Y axis starting at 0, till you pay attention. Out of a population of 300,000,000 I daresay even my native country, Kenya had a better growth in real numbers with a pop. of 42 million(<i>caveat</i>: unemployment is more than 20%)

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4 comments

ondiekijuniorOP11y ago

wallenjehn11y ago

Not really. What the world thinks of tech is pets.com. There was no clarification that tech isn't only apps and websites. Thats why they misinterpreted Sama

bcbrown11y ago

Those graphs are pretty misleading. In the first one, manufacturing jobs rose from 11,500 to 12,100 over 4 years, or 5% growth over that period. The graph makes it look like roughly 1000% growth.

ondiekijuniorOP11y ago

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