Amusingly enough it links to an old pg essay (2007) of the same title. pg's essay was written just before I started following HN, so I found it interesting. p

Amusingly enough it links to an old pg essay (2007) of the same title. pg's essay was written just before I started following HN, so I found it interesting. pg mentions how IBM faded from dominance of an earlier generation. That struck a nostalgia cord with me. Back in the late 80's Gartner or somesuch presented a trial presentation to my company on how IBM was going to double in sales in the next 5 years. I thought, no they arent. And it turned out IBM had hit their sales peak and went into a decline. Sic transit gloria.