2018 Prediction #5 — The H-1B visa problem will NOT go away

I’m sorry this year’s predictions seem to this point to mainly have to do with policies rather than products, but I don’t get to make the future, just predict it, and in this case I’m predicting that immigration reform will have little actual effect on H-1B visa abuse.

For those of you who aren’t already asleep I’ll start with the Cliff Notes version of the H-1B issue, which I have written about ad nauseam as you can read here (notice there are three pages of columns, so dig deep). H-1B is a U.S. immigration program to allow 65,000 foreign workers into the USA each year for up to six […]

Prediction #4 — Bitcoin stays crazy until traders learn it is not a currency

2017 was a wild ride for cryptocurrencies and for Bitcoin in particular, rising in price at one point above $19,000 only to drop back to a bit over half of that number now. But which number is correct? If only the market can tell for sure — and these numbers are coming straight from the market, remember — what the heck does it all mean? It means Bitcoin isn’t a currency at all but traders are pretending that it is. 2018 will see investors finally figure this out.

Confusion abounds, so let’s cut through the crap with an analogy. Cryptocurrencies like Bitcoin, Ethereum and a ton […]

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 […]