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Tons of profitable companies still run on a lot of paper. I worked at an insurance company where the head of the most profitable division (earth quake) that act
by Rmilb 11y ago
Tons of profitable companies still run on a lot of paper. I worked at an insurance company where the head of the most profitable division (earth quake) that actively discouraged the Idea of moving huge insurance contracts to digital. Anecdotal, but I assume this is not unique.
- agumonkey 11y agoWorked at a sales department in 2010, my office (or closet) was in front of the main A3 printer. It was running dusk till dawn. Most of the employee despise computers (partially for good reasons: bad IT contracts and not tailored tools and devices => rageprint). Most of the prints had a lifespan of 1 hours before being thrown out. Mostly scratchpad for too large spreadsheets.
- jschwartzi 11y agoIt's a lot harder to do discovery on 100 tons of paper in a vault than on ten tons of disk drives.
- danieltillett 11y agoI have often thought it would be cynically useful to use a font that makes it hard to OCR text for exactly this reason.
- Animats 11y agoPrograms are now better than humans at that, as the CAPTCHA people have discovered the hard way.
- colmvp 11y agoDefinitely not just anecdotal. I think people on HN might be flabbergasted by how many businesses in industries worth billions still largely operate with paper.
- chime 11y agoProblem with staying ahead of the curve is that you cannot see how huge the curve is.
- encoderer 11y agoHighest margins in the company. Thanks for validating my choice not to buy an earthquake policy.