Ballmer’s economic ‘reset’ vision: Who’d benefit?


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Microsoft CEO Steve Ballmer, speaking to the technology heads of U.S. federal agencies on Wednesday, suggested that the global economy is in for significant change, as TechFlash reports.

While this suggestion is not surprising, I found his comments about a “resetting” of the economy, a theme he has been discussing a lot lately, interesting in that it would likely favor open source:

Essentially, the economy is going to reset to a different level, and then again be propelled by what really should be, and typically are, the fundamental drivers of economic growth–which are really productivity and innovation.

(The) things which are really productive and really valuable and really make a difference, they’ll either get funded at companies like ours and our competitors (or) get funded by the venture capital community. We may not get the eighth, ninth, and tenth start-up in every area, but we’ll get the first four, five, or six that make sense, and we’ll get plenty of good competition.

(When) I tell you the (Microsoft R&D) budget was over $9 billion and is going to remain over $9 billion, it speaks to this fundamental faith and belief and excitement that we have about the things technology will do, and we’ve got to be at that table.

Ballmer’s economic ‘reset’ vision: Who’d benefit? | The Open Road – CNET News

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