How Fast Things Change

by Jim on September 13, 2016

I was looking over this blog, which I started just over 10.5 years ago. Can you imagine how many things have changed since then. Remember in February 2006:

  • LinkedIn was three years old,
  • Facebook was just about two,
  • YouTube was about six months old, and
  • Twitter was not born until March 2006.

Over the past 10 years, a number of new technologies were introduced. A few took off and more took off and faded out.

Back in 2006, video was slated to take off. I remember hearing M.C. Hammer, on a podcast, talk about how he saw the future of video as he watched the first servers going into YouTube in 2005. Today, video is mandatory regardless of what you are doing within your business. More importantly, live streaming has really grabbed a foothold. Google has two applications with Hangouts and YouTube Live, while Facebook introduced Facebook Live and is establishing a foothold.

Then there are a myriad of personal live streaming applications brought out within the last year. These include Blab, Periscope, Meerkat, and Nomad. Six months ago  everyone was talking about Blab. Then all of a sudden, the Blab team decided to remove it from the market while they redesign it. They encountered confusion that came about from two diverse groups whose use were at odds with each other. Business people had specific things they were using Blab for to stimulate and create new opportunities. However, individuals were using it as an extension of the party atmosphere that exists on Facebook. Last thing I read was the the Blab team intends to re-launch it and focus on the individuals and how they want to use it and not on business people.

The thing that I want to emphasize here is the rapidity of change that is occurring. I recently took a course delivered by Peter Diamandis titled Exponential Abundance where Peter emphasized the issue. He talked about how most people think that change is occurring in a linear fashion, but the reality is that things are moving in an exponential speed. If you are not cognizant of this speed, you can completely miss out on opportunities. For example, suppose you saw what was happening on Blab last year and decided that you would create apps to take advantage of the business applications that you saw. Twelve months later, Blab is no longer available and when it is re-launched, it is not for business. Who would have thought?

It seems that many technologies are accelerating exponentially and will generate new solutions that will change not only the way we live but how long we live. I currently am determining how I can be more cognizant of how these changes will affect my life and plan accordingly. I certainly do not want to wake up one morning and realize that I missed the Last Train to Clarkesville.

I plan on talking about some of the changes that Peter covered in the class over the next few months. Some are just mind blowing and I can’t wait to see them take place especially the ones affecting longevity.

Anybody else have some interesting changes they are following?

Content Creation and Marketing, What’s Been Happening Since I Last Posted

February 16, 2016

It has been quite some time since I last posted and I have gone through a number of changes in my business. A couple of years ago, I realized that I was just trying to do too much. I remember being at a meeting where I was asked to introduce myself give an overview of […]

Read the full article →

The Coming Jobs War, A Great Book by Jim Clifton, CEO of Gallup

June 21, 2012

A couple of months ago, I ran across a review of The Coming Jobs War that was done by Carl Schramm the well known and widely respected previous CEO at the Kauffman Foundation. His description of the book intrigued me enough that I immediately went over to Amazon and read some preview pages and then […]

Read the full article →

Example of Effective Government

August 3, 2011

I just put up a post on the San Diego iHub expansion and could have included this information in it, but I thought it might minimize my thoughts. I just spent the better part of a month listening to Washington politicians argue about details that they needed included in any proposal to raise the debt […]

Read the full article →

Expansion of San Diego iHub Initiative

August 3, 2011

Yesterday I attended a program in Riverside where Joel Ayala, director of the Governor’s Office of Economic Development, announced the expansion of the San Diego iHub to include cities along the 215 corridor including Temecual, Murrieta and Riverside. A number of local government officials attended the event along with area members from the business and […]

Read the full article →

Wireless Health – Product Development Cycle?

July 2, 2011

I had an opportunity the other day to have a great conversation with someone very involved in the wireless health industry to talk about my goal of establishing a seed acceleration program focused on wireless health products. We talked about a number of things like what I expected could be done in 90 days, is […]

Read the full article →

Free, or Almost Free Money for Your Startup

June 14, 2011

As many of you know who follow me, I am a big fan of Fred Wilson of Union Square Ventures (USV) with a blog, AVC. I have been following his blog and learning a lot for over 5 years. Fred put up a great post today, where he talks about Government Grants as a financing […]

Read the full article →

Wireless Health – Seed Accelerator 2

June 11, 2011

My next big set of issues were around what it would take to put a program together. Issues to consider included: a place to run the program, finding and signing mentors, getting the word out about it, figuring out how to fund this (and how much would be needed), finding sponsors, and a myriad of […]

Read the full article →

VC’s Go to Washington to Talk About Medical Device Approval Process

June 10, 2011

I ran across this post on the Wall Street Journal’s Venture Capital Dispatch blog. A group of Venture Capitalists that invest in medical devices went to Washington to talk about the issues associated with getting medical devices cleared through the FDA. Main point was they were focusing on making the process consistent, predictable and transparent. […]

Read the full article →

Wireless Health – Seed Accelerator

June 9, 2011

At first, the idea of me putting together a seed accelerator program based on wireless health products was daunting. After all, I am not in that field and certainly have little knowledge of the science involved in developing medical devices. As for wireless, I do have a communications background from my career at Bell Labs, […]

Read the full article →

The Flipside: Friends and Family Financing, Great Move or Impending Disaster?

June 7, 2011

The Flipside, Another Way to Look at an Issue Many entrepreneurs look to family and friends as the source of their initial financing. After all, the amount of money they need is not substantial in the greater scheme of things, they already know who you are, family members want to show they support your efforts, […]

Read the full article →