Prediction #3 — 2018 foreign profit repatriation is a $591.8 BILLION taxpayer ripoff

When I started this series of 2018 predictions I said the recently passed U.S. tax law was going to have a profound impact on upcoming events. Having had a chance to look closer at the issue I am even more convinced that this seismic financial event is, as I wrote above, a $591.8 billion taxpayer ripoff. This is not to say there aren’t some possible public benefits from the repatriation, but it’s fairly clear that the public loses more than it will ever gain.

In case you don’t follow these things, multinational U.S. companies have, since 2005, squirreled away about $2.5 TRILLION in profits overseas because U.S. tax law […]

Why do I do this to myself? Bob’s first predictions for 2018

About 20 years ago, when I started publishing a list of annual technology predictions, it just made sense to look back to see how I had done the year before. Alas, I made that decision without looking to see that nobody else in my line of work actually does that. But I was stuck and have found since that by being deliberately vague and putting a fair amount of thought into this stuff I’ve been able to keep my long-term stats at about 70 percent correct. We’ll shortly see if that trend continues, but first I want to discuss how this year is so different from all those others.

Nothing seems the […]

After surgery, a visionary finally sneaks back to work

I’m sorry it has taken me so long to return to this page. My eye surgery is finally complete and I am more or less fully recovered. I can probably see better than at any other time in my life, though it is still far from perfect, but so what? I can see! I can drive! I can fly! Best of all, I am still alive.

During my first try at surgery in early November, they said my blood pressure was too high and sent me home with an extra pill (my fourth) to take for that condition. Two days later I was suffering horrible back pain and passed out. My kidneys had gone into overdrive and […]

Net Neutrality will die, so let’s take the profit out of killing it.

The U.S. Federal Communication Commission, under the leadership of chairman Ajit Pai, will next week set in motion the end of Net Neutrality in the USA. This is an unfortunate situation that will cause lots of news stories to be written in the days ahead, but I’m pretty sure the fix is in and this change is going to happen. No matter how many protesters merge on their local Verizon store, no matter how many impassioned editorials are written, it’s going to happen. The real question is what can be done in response to take the profit out of killing it?  I have a plan.

The concept of Net […]

Amazon is Becoming the New Microsoft

Sorry for again having taken too long to return to work. Or in this case the better term might be to recover.  Eye surgery on November 2nd did not go well so I am still blind. In fact blinder than ever. We’ll try again on November 27th after I’m fully recovered from a drug side effect that nearly killed me. But I’m not dead yet!

My last column was about the recent tipping point signifying that cloud computing is guaranteed to replace personal computing over the next three years. This column is about the slugfest to determine what company’s public cloud is most likely to prevail. I reckon it […]