article thumbnail

How I Learned the Hard Way That Aging Technology Is Expensive

Harvard Business Review

Then the family's CFO, my wife, who also happens to be a CPA, demanded to know their TCO. That's because, like many CIOs, I hate buying technology that loses a significant part of its value as soon as it's delivered. I figured these computers couldn't possibly depreciate much further. First, I added the $58 acquisition price to the $58.36

article thumbnail

Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

The paper examined 19 industries over a similar timeframe to that explored by the LSE team, with all 19 of the industries having introduced industrial robots (as opposed to AI) over that timeframe. Internalize the costs of automation (and their benefits) – With a particular focus on the total cost of ownership (TCO).

TCO 74