What do you mean
'new wave of project managers'? Didn't they always talk crap??
3550 publicly visible posts • joined 6 Apr 2007
You're right, Trevor, it's partly a scale thing - beyond a certain size mainframes remain cost-effective, and IBM and Unisys still sell a lot of them (probably not to new customers, I'd guess). And there are certain requirements that standard Intel boxes can't easily meet - e.g. better than 5x9s availability. But mostly its legacy software. Financial services organisations will have thousands of man-years of mission-critical, (probably) Cobol code with just enough assembler and JCL scattered through it to make migration practically impossible. So it's always the best short-term decision to renew the mainframe for 'just a few more years'. Meanwhile the folks who know how to maintain this stuff are (sadly. literally) dying out.
If I left a message professing my undying love on John Prescott's phone** and someone listens to it, then publishes it - who has been embarrassed here? Clearly whoever intercepts it has done wrong and ought to be punished appropriately, but I would feel more entitled to compensation than 'Lord' Twojags.
* not for the first time.
** a very unlikely contingency, I hasten to add.
There's a place for high-speed networks provided over the air - to deliver broadband to remote locations that are unlikely to get new wires laid. But for truly mobile services, say on the train or in a car, my preference would be for better 3G coverage* rather than yet another new service that will only be available in metropolitan areas for many years.
* And I live within 40km of Trafalgar Square, heaven knows what coverage is like further from the capital.
Hydro has a non-trivial carbon footprint*. You need a lot of concrete to make the dam (orders of magnitude more per MW than a thermal plant) and if you drown a green valley, decaying (and no longer photosynthesising) plant matter produces a lot of methane. They're one-off costs, so need to be depreciated over the life of the project, but aren't negligible.
* Less so, if you're capturing the power of mountain streams, but Australia isn't Switzerland or Norway.
I'm not the downvoter, Chalky. But I'm not clear who you think should determine the cost of my holiday. Or how we'd factor in its future cost. I often think it's as well that no-one thought to ask of the renaissance, the enlightenment or the industrial revolution: 'but is it sustainable?' If they had, we might still be living in the medieval state I described.
The Chinese approach to population control - the 'one child per family' policy* - was a pretty desperate response to a pretty desperate problem. It has succeeded in containing their population growth, but left them with major demographic imbalances in both age and gender. As to the Malthusians who believe that the solution to all the world's problems is population reduction, I notice none of them ever volunteer for euthanasia. In my more cynical moments, I sometimes think that 'population reduction' is code for getting rid of large numbers of darker-skinned humans, while leaving those of European descent untouched.
* With suitable exemptions for members of the elite, of course
Describing it as 'wasteful' is begging the question. We can all agree that waste is bad, by definition, and should be minimised. But minimising waste would at best result in a few percent reduction in CO2 output, not the 30,50,90% that would be needed to avoid the ecopocalypse (if you believe in that sort of thing). And what constitutes waste is debatable. Is my holiday in Bali 'wasteful'? I certainly don't require it in order to survive, but I think it improves my life sufficiently to justify the cost, and I'm not sure that's a decision I'd be happy for someone else to take for me.
And I suppose civilisation doesn't have to end, for a sufficiently small value of 'civilisation'. Medieval Europe had a civilisation that could build beautiful giant cathedrals (many of which fell down - we don't see those, of course - but let that pass). I'm sure life could be quite pleasant if you were a member of the elite of court or the church, but life basically sucked if you weren't (that would be >>90% of society). And even the elite didn't have a lifestyle much better than a poor (defined as 60% median wage) person in Europe today; and far worse if you were unlucky enough to have toothache or an infected scratch or get pregnant.
The real problem is that such civilisations could only support (at best) 10% of the current global population. I've come across a lot of hand-wringers claiming that population levels are far too high and something should be done about it, but I haven't yet met any prepared to make their own contribution to solving the problem.
"The core of the argument is also simple: it’s probably impossible to predict what other environmental impacts phytoplankton fertilization would have."
Let me see if I've understood this argument. Dumping CO2 in the atmosphere is bad because it might (on extreme scenarios) turn the Earth into Venus Mk2 and will almost certainly lead to very bad things happening. But doing anything about it is bad because we don't understand what the environmental impact would be.
So I suppose we're just left with reducing CO2 output. But this has two tiny flaws:
1. it won't happen - at least, not by dictat or voluntary action, though we will inevitably run out of carbon to burn in the very long term;
2. it has very bad consequences of its own, i.e. civilisation ends.
What am I missing?
Absolutely right. I like to carry a form with me, so that when someone asks me to 'sponsor' their cycling holiday in the Pyrenees, I can point out that I'm having a sponsored drink down the pub this Friday evening. Anyone want to sponsor me? For every pint drunk, at least 10p goes to a charity of your choice.
IT generally isn't a 'one size fits all' proposition. Whether you will benefit from virtual desktops depends on your environment. If you're supporting a thousand desktops in a massive call centre, you probably won't save much by virtualising them. If you're supporting a thousand laptops in your sales division, there could well be significant savings to be made.
The real benefits are not simply cost savings, but more flexible working (equally effective using home PCs Internet cafés or smartphones) and increased security - especially in the 'thousand laptops' scenario.
"the legacy stuff we work on goes out as well"
True, but for bigger and better screw-ups, outsourcing/offshoring to the cheapest possible operator is the way to go. We've had outages on ATM networks (and banking systems in general) in the 50+ years we've been running them, but can anyone remember one that went on for days (weeks if you're unlucky enough to be with Ulster Bank)? Then RBS sack all their experienced (expensive) staff and within months the roof falls in. Anyone else detect a pattern here (not if you're a bank executive, obviously)?
The latest 'cloud' (whatever that means) 'will fix all your IT problems' (where have I heard that line before) is just the latest example of short-term cost-reduction leading to (slightly) longer term disaster.
AFAICT from the web page, the Cobra arm doesn't come with a pickup. May I suggest the Ortofon MC A90, a snip at £3,000?
Juan Ponce de Leon was the Spanish discoverer of Florida (or at least, the first European to get there, the place was already full of Seminoles), where there's a town named after him. He is commemorated by the USS Ponce*, whose crew have difficulty understanding why Brits tend to find their ship's name so amusing.
* Also on Star Trek, apparently.
Correct, and if you don't want to see it all the time, just right-click and select 'Minimize the Ribbon' (you've now got more screen real estate than you did under the old menu system). Plus, you have the 'Quick Access Toolbar' for one-click access to all your commonly used functions.
Moan about MS as much as you like (I certainly do), but they spend millions every year on usability research. When they introduce a new feature, such as the ribbon, it's the result of hundreds of hours of testing and monitoring the reactions of both new and experienced users to the revised interface.
It's often quoted, and is broadly true of many software products - e.g. Photoshop - and probably 'real' products, too. I'd say it's more like 10% of functionality - but the point is that everyone uses the same 5% of the functionality (and some power users use >>50% of the functionality), but then each person makes use of a different 5% of the functionality to make up their total of 10%.
Take a large corporate office and tell them you're going to remove some random 'minor' feature from Office. Whichever one you pick, there'll be a small but vociferous minority shouting they can no longer do their job (or at least, it's going to take them twice as long).
why "between 500 and 1,000 communication data requests could be submitted for an average murder investigation"? It's been a few years since I worked on ETSI Lawful Interception, but IIRC a request normally relates to some or all voice/data/position info for a particular number for a given period. Do you really have hundreds of suspects in a single case?
I don't agree it's fundamentally wrong. 99.99% of the population (which is what the OP was asking about) haven't taken out interest rate swaps, and so aren't affected. And if your firm is going bust because of an interest rate swap, they shouldn't have taken out the swap - Barclays fiddling the rate may be the last straw, but the putative firm would still be in difficulties without it. (Swaps have been mis-sold by people on commission - who'd have guessed?)
And derivative trading is essentially zero-sum - for every position taken, someone else is taking the opposite stance (though I'm sure there are some exceptions) - this is completely different from buying Apple stock in 1980, since when you would have made a 22,000% profit, but no-one else can point to a balancing loss. The fact that some middle-men (including traders) can make a lot of money by creaming a bit (or a lot) off the top doesn't affect that - and I agree that this increases the wealth of the economy, and may even increase tax take a bit.
Joe public isn't really directly affected by LIBOR rate fixing. We are, after all, talking about a few basis points (from 3.5% to 3.55%, say) rather than a doubling - which latter really could affect your mortgage repayment. It's more analogous to the old trick of stealing a penny from each of 10 million accounts to make £100,000.
Like most derivative trading (as opposed to real investment), betting on movements in the LIBOR is a zero-sum game. If you've made a million profit, someone else must have taken an equivalent loss.
Thanks for the explanation, Dominic. My time in Financial Services (never in banking, thank $DEITY) has left me knowing what LIBOR is and how it's calculated. In my naivety, however, I'd assumed that the rates submitted by the various banks had some basis in reality; that Bank X had really (or, at least, could have) borrowed money overnight from Bank Y at the rate they'd quoted. It turns out that they could and would just make up any old rubbish to suit their needs and submit that. I wonder if any of our esteemed political leaders were aware of this?
The trouble with models is that anything can be made consistent with them if you have enough different models to start with (and also if you permit retrospective tweaks to be made). What you need is for the IPCC (or someone) to make predictions about long-term climate patterns that can then be tested against the real world.
At the moment, when results disagree with model predictions we either select a different model (from the vast array available) or change some parameter that affects the rate of cloud production (say).
Good answer. You're right that it no longer appears likely that dark matter can be accounted for by MACHOs. But there's a problem with the alternative of Weakly Interacting Massive Particles (WIMPs), which is - where the hell are they? They haven't shown up at CERN, in cosmic rays or in neutrino detectors, which seems odd given that it's proposed that they make up the great majority of gravitating matter.
The other possibility is that we don't understand gravitation as well as we think we do. A minority of cosmologists and physicists are working on Modified Newtonian Dynamics (MoND), which could account for the anomalous rotation of galaxies and the other problems for which dark matter is put forward as a solution.
I had the opportunity of an informal discussion of these issues with a leading British astronomer and cosmologist at a conference in Oxford earlier this year. His answer was along the lines of: I'd give the experimentalists another few years to find evidence of dark matter, failing which the theoreticians will need to start looking seriously for alternative explanations.
FWIW 'Dark energy' is even easier to explain away. It may well be that our understanding of type 1a supernovae and/or the transmission of their light across a substantial fraction of the observable universe is incomplete.
You're quoting from a publicity piece put together by the engineering consortia that would benefit from HS2 as though it's some peer-reviewed piece of physics. You then refer to anyone who draws attention to the gaping holes in this puffery as a brainless bumpkin.
The original (paper thin) cost-justification of HS2 has been blown out of the water - even the PR pieces on the DfT web site have to admit the financial return is now "low", which means to anyone with knowledge of government infrastructure projects that it will make a thundering great loss. At a time when we're closing hospitals and sacking police because we can't afford them, spending vast sums on a vanity project like HS2, which isn't even a good investment for the railways, is beyond idiotic.
Since this is an IT site, I've a thought for you to engage your mighty brain on. How about spending a small part of this money on providing FTTH, allowing more people to work from home and eliminating some of the need to shuttle between London and Birmingham? Let's have some 21st century technology, rather than 19th century.
If you don't work for HS2, it must be their PR agency.
The current Economic Case for HS2 (pdf) contains a lengthy discussion of "the value of travel time for business passengers". There is an assumption that you can't be productive in a train.
If the issue were really one of capacity, for a small fraction of the cost of Phase 1 (London-Birmingham) of HS2, we could eliminate bottlenecks on the existing West Coast line and provide longer trains, as well as electrifying the Chiltern line. This would reduce the HS2 time savings to 10 minutes, almost enough time to walk from the new terminus at Curzon Street to catch your connection at New Street. It would also benefit those who live on small rural hamlets along the route, such as Coventry and Milton Keynes. Search for Rail Package 2 on the DfT site.
The point is that 120GWh is around 0.013% of the total UK energy consumption. If the goal is to reduce CO2 output by 20% (say), we'll need 1,500 such initiatives to achieve our goal. I don't think Lewis is saying we should leave everything switched on unnecessarily, just that if a significant reduction in CO2 is your goal, it's not going to be achieved by lots of trivial measures.
Or, as Prof MacKay puts it: "if we all do a little, then we'll achieve a little".
Another problem - all the clearing banks and many more large (mainly financial services) institutions are dependent on mainframe systems. The folk that have spent a lifetime working with them (like 'Bob') are nearing retirement - they need to be replaced. But how do you get bright young graduates to work on mainframes. They don't want to work with CA7 and CICS/Cobol, they want to work with Python and Javascript - which will look far better on their CV. Migrating from these systems isn't a realistic option, at least not with a timescale that isn't measured in decades.
I'm not sure that there's a solution to this problem, and if there is, what it would look like. But if it isn't addressed pretty soon, we're going to be seeing more such incidents.
The other weasel claim is that 'these were not outsourced staff'. This could be true - if the operation were jointly owned by Infosys and RBS, senior management could claim that they were still RBS staff, just based overseas. The interesting question would be: "did you get rid of most/all of your experienced staff who knew how this software worked and were deeply familiar with the intricacies of your bespoke systems and replace them with the cheapest option you could find?". Whether the result of this was staff based in Chandigarh or Auchtermuchty is irrelevant to the discussion.
"The management and execution of batch processing is carried out in Edinburgh"
Yes, I'm sure the actual execution of the code took place on a computer located in Edinburgh. And there's probably a manager for the process in Edinburgh, too (he'll be the poor sod with red eyes who's just got back after a 12-hour flight from Chandigarh). But the question that has not been answered is whether the staff who actually made the changes and cocked it all up were in Edinburgh. I wonder why that would be?