Wait Till the Sun Shines, Nellie!

In celebration of the pending Gregorian calendar New Year, I usually write a whimsical non-technical post such as this.

The three graphics shown below purport to show what happens on the Internet every 60 seconds.
infographic slide 1

infographic slide 2
The data and the infographic above come from Shanghai Web Designers (actaully – who for some strange reason asked me in April 2014 to remove my link to their website to “better comply with Google’s Webmaster guidelines and to the new Google quality updates”). You should probably treat the numbers with a healthy dose of skepticism but others with more knowledge than I have looked at the numbers and pronounced them reasonably accurate. These graphics are a few months old by the way!

Here is another version from a different Chinese source:
infographic slide 3
Up until about 2009, the bulk of online activity was in the USA which has an online penetration of about 77%. Online penetration is only about 36% in the PRC but in terms of actual numbers that represents over 485 million users – far more than the total population of the USA. As a result, for example, smartphone sales in the PRC in the 3rd quarter of 2011 topped 24 million – which was over 1 million more than in the USA!

Now, by this time you are probably wondering why the title of this post is Wait Till The Sun Shines, Nellie! Since the early 1940s, the floor traders at the New York Stock Exchange have song a chorus of the 1905 song Wait ‘Till The Sun Rises, Nellie, by Harry Von Tilzer, on Christmas Eve and the last trading day of the every year. The story goes that the tradition started when NYSE floor traders used the uplifting lyrics to help them get through the war and the tail-end of the Great Depression.

Finally, probably like many of my readers, I am looking at a number of invoices for renewing membership in various professional organizations for 2012. One membership which I have decided not to renew is my IEEE membership. The amount due for 2012 membership of IEEE and IEEE Computer Society is USD 236.00.

I have been a member of IEEE and the IEEE Computer Society for more than 15 years but have come to the conclusion that the cost of membership far outweighs any possible benefits that I receive or can possibly receive. The quality and content of both the IEEE Spectrum and Computer magazines has significantly dropped over the last few years to the point that neither magazine is on my must-read list. The junk mail that I receive for term life and other insurance is annoying.

Furthermore, I feel that I can no longer justify supporting the huge headquarters overhead of the IEEE. Read any recent IEEE annual report; their fixed costs absorb a huge proportion of annual membership fees. What are all those employees doing which justifies their employment? Frankly, I believe that it is time that the IEEE membership voted with their feet and moved to other professional societies with lower fixed overheads and the various IEEE societies eliminated their ties with IEEE.

So it is with some regret that I bid adieu to IEEE. The ACM, with its more reasonable annual membership fee, will now get my business.

May you. dear reader, have a happy, peaceful and prosperous 2012!

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