I'm having a little trouble calculating the spectrum of an element: specifically, the element $f(x) = \frac{1}{x}$, as an element of the bounded continuous functions from $[1, \infty)$ with pointwise multiplication and the sup norm.
I'm aware the spectrum of an element is $\sigma(x) = \{ \lambda \in \mathbb{C} : x - \lambda \mathbb{1} $ is not invertible $\}$, (an element is invertible if $\exists\ y\ s.t.\ xy = yx = 1$) and I'm guessing my tired brain is doing something stupid, but by my reckoning is that $\frac{1}{x} - \lambda$ is non-invertible if $\lambda \in (0, 1)$
However, to get that answer, I seem to be doing nothing more than making a wild guess / can't at all prove that this must be the case. Can anyone help me with either the construction of a proof, or give me a reason that this answer is way off and tell me where I'm going wrong?
It's clear that if $\lambda \in (0,1)$, $1/x - \lambda$ is not invertible because its value at $x=1/\lambda$ is $0$. Next: what about $\lambda = 0$ and $\lambda = 1$. What could $y$ be in those cases? Next: what about all other $\lambda$ in the complex plane?
By the way, since you mention sup norm: I think you must be talking about bounded continuous functions.