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" "We have no mom-and-pop oil rigs in Norway.
Erik Naggum (June 13, 1965 – June 17, 2009) was a Lisp programmer.
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The Novice has been the focus of an alarming amount of attention in the computer field. It is not just that the preferred user is unskilled, it is that the whole field in its application rewards novices and punishes experts. What you learn today will be useless a few years hence, so why bother to study and know anything well? I think this is the main reason for the IT winter we are now experiencing.
Companies that go bankrupt are a danger to healthy competition. They are able to make their creditors and shareholders pay for their losses and bad management and then to start anew with assets that they essentially got for free, quite unlike the competition that has not gone bankrupt, who have to pay full price for their assets, but quite similar to how their customers have wanted their products, for too little money.