As Research In Motion deals with the fallout from service disruptions that have affected millions of BlackBerry users around the world this week, a survey by Aite Group shows that out of 402 financial advisers polled, 45 percent say they would choose an Apple iPhone or iPad, while 14 percent would pick a BlackBerry.
Which mobile platform is best able to meet your business needs?
I want to switch to an iPhone or iPad from a BlackBerry
I already made the change to an iPhone or iPad from a BlackBerry
I don’t plan on abandoning BlackBerry
Forget Apple and RIM, I’m siding with Android
View Results
â Connie Loizos is a contributor for PE Hub, a Thomson Reuters publication. This article originally appeared here. The views expressed are her own. â
There it was on Craigslist â an ad for young, successful professionals living in AmericaÂs most emerging area, Silicon Valley, ostensibly posted by a Âmajor cable network thatÂs looking to cast a Silicon Valley reality show.
No wonder. While many Americans are suffering through an abysmal economy, Internet startups seem impervious to bad news of any kind. Valuations have been rising for several years straight; companies like Zynga, Facebook, and Twitter are minting millionaires left and right; and many young outfits canÂt hire skilled, highly paid software engineers or salespeople fast enough.
To get the picture, one only need look to the invitation-only, tequila-fueled industry party that entrepreneur-investor Sean Parker hosted two weeks ago. Split-roasted pigs, Dungeness crabs, and sashimi bars were a mere warm-up to nationally known musical acts like The Killers.
Silicon Valley has much to celebrate. It has the most highly educated workforce in the nation and boasts the highest economic productivity  almost twice the U.S. average, according to the Bay Area Council Economic Institute (BACEI). It also deserves kudos for creating the social media tools that have been empowering revolutions around the world.
But Silicon Valley sometimes seems as tone-deaf as Wall Street to the economic straits that most Americans face, and itÂs in for a Âshock, says renowned Silicon Valley futurist Paul Saffo. He likens the ValleyÂs view of economic protests like Occupy Wall Street as Âstorms in other menÂs worlds.Â
ÂBecause (Silicon Valley) has such a monomaniacal obsession to innovate, people tend to overlook things, observes Saffo. ItÂs even easier to lose perspective, given that many in Silicon Valley are a part of the top 1 percent that accounts for 24 percent of the nationÂs income and 40 percent of its wealth.
Still, Saffo thinks the region will not be able to ignore the economic unrest for long. ÂThere is plenty of unemployment and underemployment in Silicon Valley, and it sorts by age, he notes. ÂThis is where new college grads with technical degrees are very much in demand. But people in their 40s and 50s are finding themselves in a difficult position. We have a real class system in Silicon Valley, with lots of people who are contract employees at places like Google and who are treated like hired hands and donÂt get a piece of the action. So thereÂs plenty of anxiety (about the economy) to go around.Â
Saffo doesnÂt know where all of this economic dissatisfaction will lead, but he is worried. ÂI think thereÂs a sea change afoot thatÂs going to sweep over everything the same way, he says. ÂI still think thereÂs a lot of uncertainty, but all my instincts as a forecaster tell me this has the feel of something very big happening. IÂm standing on the beach and noticing the water heading back out toward the horizon.Â
Jon Haveman, vice president and chief economist at BACEI, also sees telltale signs that the water may be receding. For the month of August, his institution observed declining employment data in Silicon Valley for the first time in roughly a year. ÂOne month does not a trend make, he says, Âbut itÂs a number that bears watching. That there has been significant growth in the region (up to that point) is of note.Â
In HavemanÂs view, it makes perfect sense that Silicon ValleyÂs fortunes could also flag. ÂWe provide services and equipment to the rest of the country, and the purchase of both will wane as the U.S economy nears a double-dip recession, he reasons.
Neither Saffo nor Haveman think that Silicon Valley techies are going to be marching on with pitchforks any time soon. But both think theyÂll eventually be engulfed in what is happening elsewhere in the country, whether or not theyÂre prepared for it. Saffo is even willing to guess when.
ÂBetween increasing wealth concentration, a Supreme Court docket stuffed with controversial cases, and two national political conventions next summer  plus the heat, says Saffo, ÂletÂs just say that if I had to pick a time to go on vacation, it would be next summer.Â
The two adult killer whales, along with a juvenile killer whale, had spent three weeks in the salmon-rich Nushagak River in southwestern Alaska, seen as far as 30 miles upriver from their saltwater habitat in Bristol Bay.The adult whales were found dead on Saturday, one floating in the water and one beached on the riverbank. The juvenile whale has not been spotted since Saturday, when it was swimming in the tidal area near the river’s mouth, NOAA said.Although biologists said the whales showed signs of freshwater stress while still alive, including secretion of a filmy coating over their skin, necropsies completed by veterinarians provided no definitive answers, NOAA said.Although Bristol Bay killer whales often linger near the mouth of the Nushagak, that species of whale had never been reported far up any Alaska river for a prolonged period of time.Necropsies revealed that both dead whales were female and one was in the late stages of pregnancy, NOAA said. They showed no signs of impact from humans, NOAA said.Killer whales are known to travel in maternal groups, with juveniles accompanying adults, said Julie Speegle, a spokeswoman for NOAA Fisheries in Juneau.Officials have made no assumptions about the fate of the third whale, Speegle said.”I know there’s been some concern about its chances for survival,” she said. “I guess it’s possible that it would make it back to the bay and meet up with a pod, but I don’t know if that’s likely.”Veterinarians have been taking samples from the dead whales for further analysis, and a more detailed necropsy report is expected in four to six weeks, she said.