Tuesday, September 29, 2015

Pareto principle for Technology

Technology keeps moving forward at a rapid pace, what you buy for the money today has about half of its value in just 6 months time. Spending wise it’s a total waste!

Buying a top of the line Flagship Phone would cost over LKR 100K, on the other hand you can get 80% of its functionalities / performance achieved for just 20-30% of the price, and since you’ve spent so less the depreciation factor isn’t terrible as the most of the high end gadgets. Sure you won’t be able to tell your friends about the flashy new gadget you’ve got but whatever the flashy new gadget gets outdated in just 3-4 months time.

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