Well, one explanation I liked quite a bit was recently written by Wall Street Journal columnist Christopher Mims, who argued that social media isn’t dying, but changing into broadcast media. The majority of the content we see on a daily basis is now made or shared by a small professional class of users, known as the creator economy. Which is making... See more
“Today [the education system] retains throw-back elements from pre-industrial society. Yet the whole idea of assembling masses of students (raw material) to be processed by teachers (workers) in a centrally located school (factory) was a stroke of industrial genius.” — Alvin Toffler in the Future Shock
One of the questions I ask my SF friends is what the entrepreneurial 20-year-olds are doing these days. Are they starting a billion-dollar company, or are they more interested in becoming a memelord who is trying to incite a movement on the Internet? I’m not sure we’re seeing a surge of exciting startup creation, but we sure are seeing a lot more... See more
Though digital shelf space is unlimited, consumers’ time and attention remain finite, so creators have to spend more and more resources to try to stand out.
[In the past, people] didn’t know anything about their employer. My father or my brother didn’t know if their employer had a villa on the sea. Whereas with Google Maps, I can see where your house is. That’s where the world is becoming new. Mankind is becoming more ethical, but it is not happening because man has decided to become better than he was... See more
The purpose of a Walled Garden is to sell owned-and-operated ad inventory that directs users to non-owned destinations. The purpose of a Content Fortress is to sell owned-and-operated ad inventory that directs users to content hosted by the Content Fortress — either content that it owns itself or third-party content that it has subsumed onto its... See more
Modern capitalism made the idea of trusting people with whom you had no personal ties seem reasonable, if only by demonstrating that strangers would not, as a matter of course, betray you. Buying and selling no longer required a personal connection. It's driven instead by the benefits of mutual exchange.