As inconsistent as this blog has become in the respects of its frequency of update and the random nature of its content; it naturally follows that it feels quite appropriate for me write something timely and about the only thing that passes for news these days. Briefly, I should disclaim. And in a strictly observational sense.
I think that this statistically articulated economic recessionary phase is neither a recession nor a phase. There will be no return to normal or the way it was; there will be no perfectly cosine curved upswing starting in 2010. We're looking at an entirely different sheet of graph paper now. This is a game-changer. And only when we come to terms with this, will we be able to get a clue about how we move forwards.
A consequence of this big reset - besides the inevitable economic hardship and the involuntary, enforced reacquaintance with the basic principles of Maslow's Hierarchy of Needs for not a few unfortunate souls, will be the erosion and in some cases the rapid collapse of the foundations of the old world structures. Whether these structures used to house corrupted financial institutions - corrupted either of vision or fiduciary integrity - entire categories of manufacture; such as the automobile industry, or popular technological paradigms; they're going. And that's a good thing. Gravity always wins.
Technology is the one I'm best qualified to comment about. And so, I think that I detect a forthcoming quickening. A slow-to-start but ultimately very profound shift that would never have occurred if in an economic sense, the next five years were to be a straight line projection of the last five but one.
Using the new economic camouflage afforded to them by of this so-called recession, the smarter players will re-engineer their businesses and make once precipitous decisions they would have considered taboo in 2005. All bets are off now.
But the key is that the new technological landscape that will slowly assert itself will be inhabited by the smart. And that 'smart' thing is a very important qualifier.
If either by quirk of genius, guile or happenstance should you find yourself at the helm of a new or old technology company whose new gig is (delete as appropriate) cool, Web 2.0, LAMP, .net, social media, SaaS, Twitter-API, iPhone, cloud.....based, then that I am sure, will not be enough.
Smart is an even greater leveller than any economic kerfuffle could ever be.
I think that this statistically articulated economic recessionary phase is neither a recession nor a phase. There will be no return to normal or the way it was; there will be no perfectly cosine curved upswing starting in 2010. We're looking at an entirely different sheet of graph paper now. This is a game-changer. And only when we come to terms with this, will we be able to get a clue about how we move forwards.
A consequence of this big reset - besides the inevitable economic hardship and the involuntary, enforced reacquaintance with the basic principles of Maslow's Hierarchy of Needs for not a few unfortunate souls, will be the erosion and in some cases the rapid collapse of the foundations of the old world structures. Whether these structures used to house corrupted financial institutions - corrupted either of vision or fiduciary integrity - entire categories of manufacture; such as the automobile industry, or popular technological paradigms; they're going. And that's a good thing. Gravity always wins.
Technology is the one I'm best qualified to comment about. And so, I think that I detect a forthcoming quickening. A slow-to-start but ultimately very profound shift that would never have occurred if in an economic sense, the next five years were to be a straight line projection of the last five but one.
Using the new economic camouflage afforded to them by of this so-called recession, the smarter players will re-engineer their businesses and make once precipitous decisions they would have considered taboo in 2005. All bets are off now.
But the key is that the new technological landscape that will slowly assert itself will be inhabited by the smart. And that 'smart' thing is a very important qualifier.
If either by quirk of genius, guile or happenstance should you find yourself at the helm of a new or old technology company whose new gig is (delete as appropriate) cool, Web 2.0, LAMP, .net, social media, SaaS, Twitter-API, iPhone, cloud.....based, then that I am sure, will not be enough.
Smart is an even greater leveller than any economic kerfuffle could ever be.