At the gym, I couldn’t help notice two guys with Mountain-Dew T-shirt. We can still have “black swan” scenario in our life time e.g. the US rises again from the depth of deficit (muscle memory), or someday a Hispanic president will seek a M&A with Mexico (will not be the first time the US offer to buy more territory).
When we went through Y2K (getting plenty of water and batteries) we anticipated worst case scenario. People said this has been a Lost Decade. Now, that the worst has been behind us, let’s buy some champagne and balloons.
The challenges of the past decade have steeled our resilience but at the same time diminished our faith in institutions.
While tragedy comes in pairs (two recessions, twin towers, two disasters in Louisiana), luck will also come in pairs. Look at what Web 2.0 has given us: friends from Facebook, free videos from YouTube and millions of Who’s who on LinkedIn. The list goes on and on, as one tweet begets another in this 4-G, 3-D, 24/7 always-on world.
As we defy gravity by going to the “cloud”, our experience will grow much richer
All of our investment in hardware finally pay back with an abundance of software options albeit cases like Iridium, Concorde etc…
Our global village will show case Best of the Best. Stay tuned. The next decade will unleash apps from 20 years old’s who are now in Middle School (Yahoo just bought Tumblr, and now eying Hulu). The sooner they are bored with texting the better. New toys for tots will spill over as Act 2 for the rest of us (Act 1 being the Ipod, Ipad, mobile apps like Twitter, Social Network such as Facebook). With an audience of 7 billion, any content will be devoured in an instant.
Build it and they will come. Level 3 must have looked deep into the crystal ball. Without the likes, we wouldn’t have Netflix as is. Clusters of innovation all converged in our time while adoption rate has never been quicker.
Instead of shopping for batteries, I will go for balloons and instead of water, champagne.