Intangible Assets

Screenshot from 2017-12-07 16-12-04An article by the Business School folks at Imperial College.  In the past, wealth meant owning ‘tangible assets’.  Gold, land, cattle.  There have always been other, less tangible assets, like ‘intellectual property’, but these were usually part of a larger tangible asset arrangements (a company’s patent portfolio protecting its manufacturing, for instance).  What does it mean when the value of these intangible assets becomes large in proportion to other assets?  I am not sure.

We need to change the way we look at the economy, says Imperial professor

Computing, 1982

I found a folder full of old clippings and things I would pin up on my office walls, back in the Old Days.  Dobbsheads, Zippy the Pinhead cartoons, early computer graphics images, Jack Handy’s Deep Thoughts, stuff like that.  One quote that I ran across that is just as interesting today:

“Technology used to be scary; computers used to be seen as cold, emotionless.  Now people are realizing there’s flesh and blood in computers, and excitement and thrills, and room for all things that are human”

Jerry Garcia, 1982