home *** CD-ROM | disk | FTP | other *** search
- Path: sparky!uunet!utcsri!skule.ecf!torn!nott!bnrgate!bcars664!bcarh11a!hwt
- From: hwt@bcarh11a.BNR.CA (Henry Troup)
- Newsgroups: ont.general
- Subject: Re: free trade, memory prices, memory wholesalers
- Message-ID: <17748@bcars664.bnr.ca>
- Date: 20 Nov 92 14:34:40 GMT
- References: <BANKER.92Nov6121204@ptd4330a.erim.org> <1992Nov9.004241.17339@alchemy.chem.utoronto.ca> <1992Nov12.085333.1026@bkj386.uucp> <1992Nov12.153720.19585@alchemy.chem.utoronto.ca>
- Sender: news@bcars664.bnr.ca
- Reply-To: Henry.Troup@BNR.CA
- Distribution: world
- Organization: Bell-Northern Research Ltd., Ottawa, Canada
- Lines: 23
-
- In article <1992Nov12.153720.19585@alchemy.chem.utoronto.ca>,
- mroussel@alchemy.chem.utoronto.ca (Marc Roussel) writes:
- |>In article <1992Nov12.085333.1026@bkj386.uucp> brian@bkj386.uucp
- |>(Brian Jenkins) writes:
- |>>The work we do now is exceedingly more
- |>>sophisticated -- and the law requires it -- than could have been done
- |>>40 years ago.
- |>
- |> This is part of what I was trying to say, albeit clumsily. I doubt
- |>that there are fewer actuaries around now than there were before
- |>computers became common. While computers have taken over some mundane
-
- We do different things than we used to. Watch some old movies. For
- example, "The Apartment". All the characters work for an insurance
- company - enormous barns of rows of desks with typewriters, rollodex(tm)
- files, one-line black phones. Many of those people did totally routine
- billing, which is now totally automatable.
-
- Productivity is a slippery concept - value added is a little easier to
- quantify.
-
- Henry Troup - H.Troup@BNR.CA (Canada) - BNR owns but does not share my opinions
- "Millions for defence, not one cent for tribute!"
-