2011 in 20/20 vision

Technology review 2011: Twitter rules, BlackBerry crumbles and TS Eliot is reimagined.

That’s how the Observer summarised my retrospective look at the world of technology in 2011. I did also write about Facebook’s ‘valuation’, Apple’s extraordinary year, government fantasies about the employment potential of start-ups, HP, Nokia and the role of social networking in political upheaval.

All seen with the 20/20 vision of hindsight, of course.

Quote of the day

Maybe it was always thus, but the relentless wrong-headedness of the Europeans, their insistence on seeing their crisis as something it isn’t, and responding with actions that deepen the real crisis, has been a wonder to behold. In the 1930s policy makers had the excuse of ignorance; there was nobody to explain what was happening. Now, their actions amount to a willful disregard of Econ 101.

Paul Krugman, writing in his blog.