Good spotting. New media platforms aren’t like the others on my list. My checklist contains sudden disruptive events. Disruptive events don’t have to be bad. Disruptive events can be catastrophic, but they can be neutral or good too. A cure for aging would be on the list if I thought it was likely to happen in my lifetime.
Building an online audience is source of leverage. New media platforms are important to respond to quickly because it is easier to build an audience by being first on a new platform that is growing fast than by fighting for market share on a mature platform.
[I]t could be a good trick to look for waves and ask how one could benefit from them. The prices of gene sequencing and 3D printing are both experiencing Moore’s Law-like declines. What new things will we be able to do in the new world we’ll have in a few years? What are we unconsciously ruling out as impossible that will soon be possible?
This is a really handy formalisation of this. One thing did stand out to me—I’m curious about your rationale for watching out for new media platforms?
Good spotting. New media platforms aren’t like the others on my list. My checklist contains sudden disruptive events. Disruptive events don’t have to be bad. Disruptive events can be catastrophic, but they can be neutral or good too. A cure for aging would be on the list if I thought it was likely to happen in my lifetime.
Building an online audience is source of leverage. New media platforms are important to respond to quickly because it is easier to build an audience by being first on a new platform that is growing fast than by fighting for market share on a mature platform.
Oooh, great response! I was hoping for something like this—a good reason to get involved with something I didn’t initially see the utility of.
It also seems related to Elizabeth’s article on internet literacy atrophy, which I happened to stumble on today—so there’s another reason too.
Thanks again!