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The Pace of Technology Adoption is Speeding Up - Rita McGrath

The chart above, created by Nicholas Felton of the New York Times, shows how long it took various categories of product, from electricity to the Internet, to achieve different penetration levels in US households.  It took decades for the telephone to reach 50% of households, beginning before 1900.  It took five years or less for cellphones to accomplish the same penetration in 1990.  As you can see from the chart, innovations introduced more recently are being adopted more quickly.  By analogy, firms with competitive advantages in those areas will need to move faster to capture those opportunities that present themselves.

(via stoweboyd)

Friday Playlist involves Faith, Boys Don’t Cry and Seventeen Seconds. It’s that kind of (rainy) day.

I’ve got my order in, have you?

Population Waves

Using ABS data (scenario B) I looked at how population in Australia is predicted to ebb and flow. Well, not really ebb…just flow.

The blue is male population, and the pink is female. Each cell represents the size of an age group over time. Ages represented are from 0 to 100+. Data is for 2012 and projected out until 2100. The size of the cell represents the population for that age group in that year.

Trying to show how structural ageing, as well as numerical ageing, is changing our demographic make-up as a nation. Basically, the darker it is, the more people there are. I like the “streaks” that appear, and I’m guessing I am part of that big streak that stretches from 40 in 2012, right down. Us early 1970s babies were part of the first “echo boom” crop. Not much of is really…but there we are.

Those living over 70…see how it gets darker and darker as time moves on. One of the other scenarios that the ABS puts forward says life expectancy will increase at the same rate (this one says it will keep improving, but not at the current rate; and I think that would be even more dramatic to look at.

My husband calls this the “goldilocks scenario” - A and C are far more extreme in each way. A proposes far less immigration, and B proposes much more. One of them also proposes life expectancy to keep rising at the same rate as it is today - and that gives us a lot more people over 75.

My next task may be to compare each three…but need some time to format the data.

obsessivecompulsive:

Baby Patti Smith

NATION OF BOOZE HOUNDS

I don’t feel good about this. Australia is number nine when it comes to number of litres of alcohol sold per capita. We buy 121 litres of the stuff. I like to give it a nudge, but 121 litres?

That’s about 161 bottles of wine a year or 322 cans of beer. Given this data calculates based on total population

Anyhow - we drink a lot. And it likely goes a long way in explaining our high rates of domestic violence. I’d be interested to know if other countries in the top ten have as many social issues related to excessive drinking?

Anyhow, not the most glamorous of visualsations, but…

Size of bubble relates to total number of litres sold. Axis is based on +/- global average. Colour is also based on +/- average. Colour is probably not necessary, but …well, it’s there

Data is from Euromonitor International Marketing Data and Statistics 2013, and Euromonitor European Marketing Data and Statistics 2014.

European Data is from 2012, and International is 2011. 

I’ve been following the news relating to the fraud perpetrated by rogue financial advisors at CBA, and their slack response. I noticed this article in the SMH this week about the salary and bonuses received by four CBA executives. Between them they netted over $30 million dollars, but have baulked at the idea of paying $6000 to a handwriting expert to help identify forgeries in relevant documents. CBAs handling of this has been terrible.

COMMONWEALTH GAMES “LOSERS”?

I saw a headline in the Daily Telegraph that grabbed my attention a few weeks back about the success (or lack of according to the tele) of the Australian Commonwealth games Team. I was a bit dubious as a lot of the media coverage I’d seen had been quite positive; we did well in the pool and cycling, and seemed to pick up other medals in sports that we normally do well in, like hockey and netball.

The Tele’s article was clearly partisan - blaming ALP funding for a “poor performance”.

I wanted to look a little deeper at why our medal tally had dropped, and compared to other top ten nations, what else was going on.

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Our medal tally is significantly lower compared to Delhi in 2010.
This is true. In 2010 we collected 172 medals compared with 137 in Glasgow. Over time our performance appears to be dropping as well.

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But why the significant drop compared to Delhi?

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Not comparing apples with apples?

There were four sports not contested in Glasgow, for which Australia won 12 medals in Delhi. 8 of those came from tennis alone. We did though pick up 5 medals from new sports that were contested in Glsgow and not in Delhi. Wrestling was contested in Glasgow, but only freestyle, not Greco-Roman. It’s that latter that Australia picked up 4 medals in Delhi.

We stayed strong in the elite level sports
Swimming and cycling remained strong for us in both 2010 and 2014, which the government announced funding would be focused on..

Our performance in gymnastics was significantly lower than in 2014.
The gymnastics team collected 21 medals in Delhi, but only 4 in Glasgow. This was the sport that significantly dropped the team’s overall medal tally.

England beat us…and that has to be bad right?

Well, not really. The funding that went into the UK team for the 2012 London Olympics must have been significant and the English and Scottish teams benefited from this. England scored an impressive 174 medals (58 Gold) compared to Australia’s 137 (49 Gold). Yet, Canada who came in third place, scored 82 medals (32 Gold), so despite second place, we are still quite strong. Interestingly, it appears (albeit via a cursory google search) the Canadian Press aren’t wringing their hands about their performance. Their athletes results received positive coverage, with some actually asking, despite a consistently strong performance, and multiple hosting stints, is the Commonwealth Games relevant to Canada anymore

Should we be doing this well anyway?

The population of England is approximately 53 million and Australia is 22 million. In terms of population size Australia still punches above it’s weight in sport. For every million people, the England team won 3.3 medals. The Australian team won 6. (It should be noted that Scotland, Jamaica and New Zealand are doing really well based on their population size.)

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What about our team size?
We did though have the same team size (Aus with 417 and England with 416). England simply outclassed Australia. 42% of their athletes won a medal, which is an outstanding result for their team. Still,a third of Australia’s athletes stood on the podium, which is excellent. Let’s not beat them up too much!

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But economically, should we be doing this well (or badly)?
If you look at total GPD, we do amazingly well. If we cop are ourselves with Canada and India - who both have a higher GPD, we do very well thanks.

I was really surprised though to learn that Australia has the highest GPD per capita in the Commonwealth. When you look at results by total GPD, results are as expected, and England becomes the outlier; punching above it’s weight.

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So was the Australian team a bunch of “losers”? The simple answer is no. We did well in the elite sports that most punters care about. We didn’t do so well in the other ones. We were up against a pumped up English team running off the back of a London Olympics high, and a significant round of funding. When you look at our economic place in the world, we are performing as expected. You have to seriously question as well the wisdom of increased funding in sport in a time when education, transport, public transport and health need major injections. I’d like to think as a nation we’ve become a bit more sophisticated and comfortable with our place in the world, and that we recognise that we excel other arenas beyond sport. I think though that I am being too optimistic.

Bread and Circuses people, bread and circuses…If we feel good about our sporting teams, I think the powers that be know that the masses are happy and overlook the other troubles we face. And they are probably right. What do we have to look forward to? The Commonwealth games are hosted on the Gold Coast in 2018. Athletes, You have been put on notice. If you don’t top the medal tally, and come (gasp) second, you will be branded losers!

(Also have to give a shout out to Ben Jones of DataRemixed for his excellent step-by-step tutorial of how to create a slopegraph in Tableau. It is a fantastic reference, and I encourage you to check it out) 

Have some joy this Tuesday -
my pleasure

(via hobo-r0cket)

A little information graphic I did for the LBAF community. We asked two questions about how community members felt about the state budget - mainly to test out the idea that even though people may feel hard done by, they may feel that the budget measures are necessary (like they did under the Howard/Costello budget in 1996).

Well, they don’t. They don’t see it’s a good budget for the nation AND they will also be worse off…

(yeah, I know, small sample size…but with most of the coverage I’ve seen, it seems pretty consistent)

One interesting point that was picked up by a member of the community is that all those who are “for” the budget measures, were quite vague in their reasoning (we have a budget emergency / we gotta bring down the deficit / can’t live on borrowed money etc), but those against had very specific concerns. One great comment from a person who was for the budget measures was; “we have to make the cuts. It’s not a bloody island holiday resort”. That’s funny, as I’m not sure a low income earner, or a single parent would equate their life today as being like sitting on a pool chair, sipping a margarita… 

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