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Pointer to a lengthy discussion of how accounting depreciation standards in the telecomm and cable TV industries are likely to seriously deter technology innovation. It's troubling to think about howarbitrary accounting standards can lead to odd economic decisions.

Overall this thread offers a much more sophisticated and nuanced view of how various pressures for and against innovation operate. Well worth spending some time on. From David Isenberg's Smart Letter, a source worth following.

BTW, this also leads to another thoughtful piece of work by David Reed.

6:11:06 PM •  • comment  

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Another of Schneier's reminders that the most important processing unit in our high-tech society is the one between your ears. Judicious scepticism is the most useful security mechanism, but, unfortunately, the one least likely to be available in abundance.

5:29:50 PM •  • comment  

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A longish excerpt from Tom Stewart's newest book on the topic. Stewart, on the Board of Editors at Fortune magazine and now the editorial director for Business 2.0, was among the first people to say intelligent things about the topics of KM and intellectual capital. This excerpt suggests he's still one of the few also saying useful things. For example:

Managing knowledge is not a matter of choosing software vs. wetware, classroom vs. hands-on, formal vs. informal, technical vs. social. Effective knowledge management uses them all -- and motivated employees will find unexpected new ways to put knowledge to work. Success depends on recognizing that all of these need each other.

Of course, Stewart isn't against KM, he just wants you to understand that KM is a wee bit more complicated than it looks.

5:03:48 PM •  • comment