disruption
Post on 19-Oct-2014
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Today’s Media Industry
Why Is The Internet Disruptive?
Power To The People
To us, this appears to be one of the great constants of the web. It is taking power away from existing large institutions and pushing it out to smaller entities and often all the way to individuals. In the process it is building up new institutions (such as Google), but the net result appears to be a distinct shift of “power to the people.”
http://www.unionsquareventures.com/2008/09/power_to_the_pe_1.html
Capital Efficiency
It takes about 1/10th the hardware, software, bandwidth, storage, and other expenses to build a web service compared to what it took in the 1999/2000 time period. That was before services like Amazon Web Services, Google App Engine, 10Gen, and other "cloud computing" platforms emerged as real options. It's gotten even less expensive now.
http://www.avc.com/a_vc/2008/10/capital-efficie.html
Lower/Eliminate Transaction Costs
One To Many Two Way Communication
Global, social, open, mobile, playful, intelligent
Six Words To Live By On The Internet
So What Industries Are Next?
“End To End Digital”
A Suggested List
1)Consumer Finance2)Education3)Energy4)Health Care
Money Is Just Bits
The “Unbank”
Mobile Payments
Peer Produced Mutual/Hedge Funds
Virtual Currencies
Hacking Education
Un-schooling &Homeschooling
The End Of The Diploma
Let The Students Teach
Call Of Duty
The Web As A Textbook
Your Profile Is Your Transcript
Electrons vs Bits
The Smart Grid
Smart Grid infrastructure consists of electronic meters at each residence and business, an information network to carry data from the meters to the utilities in near real-time AND to bring information on the instantaneous price of electricity back to consumers; gadgets which help us automatically adjust our electrical use to prices in whatever way we want to do that; and lots of electronics and other devices in the electrical grid itself, which let the grid use the information on usage to adjust transmission and supply and accommodate the varying output from alternative energy sources.
http://blog.tomevslin.com/2009/03/whats-a-smart-grid-and-why-does-it-matter.html
Energy and Carbon Trading
The New Gas Station
Health Care Is Not End To End Digital
Prevention vs Remediation
Games Can Change Behaviors
Questions?