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49 Assumptions for the Future of Business on the Web
Here's a list of 49 assumptions I have regarding the future of business on the web. The assumptions include spiritual and political assumptions; I see it as all connected and worth considering when planning strategy.
I'll probably update this list periodically. Feel free to share your thoughts. - assuming fairly free market conditions, prices go down and consumption goes up
- web is being widgetized and rss-ified; it is moving towards a syndication economy
- attention is a scarce resource whose value is rising
- investments made in services that increase ROI of attention investments are rising in value
- we're in the customization economy (aka personalization economy) -- all roads lead to a customized product for the consumer
- as the amount of information increases, so too does the need for decentralization
- value chains in the publishing industry will be disrupted by businesses that add value by facilitating media reconstruction
- the media reconstruction disruption will be financed by an ad network that facilitates syndication of media
- meta-information can be used to allocate attention
- reconstruction will disrupt search due to its ability to allocate attention more efficiently
- hagel's thesis (three types of companies: infrastructure, product creation, customer relations) is true
- in the context of hagel's thesis, the blogger is positioned to provide customer relations
- in the context of hagel's thesis, the largest online opportunity currently exists in the product creation category
- the future of business is micro: small businesses with individuals working from home
- the virtual corporation will replace the physical corporation
- the nation-state as a model of societal governance is on the decline and will collapse
- we are all psychologically connected, and from an evolutionary perspective, the Internet will help us strengthen our psychological connections
- the world is pre-destined (as the oracle tells neo: we're not here to make the choice; we've already made it. we're here to understand why we made it)
- clayton christensen's law of conservation of attractive profits
- investments in private equity will grow while investments in public equity will decline (value chains will be disrupted accordingly)
- upward trend of EURUSD exchange rate will continue
- peer production lowers cost of production
- peer production accelerates innovation
- capability building is the only sustainable competitive advantage
- clayton christensen's theory on disruptive innovation is true
- product economy is being commoditized; value is shifting to the service economy
- the cost of acquiring automated intelligence is falling (i.e. automated intelligence = automated information processing)
- the value of human intelligence is rising (human intelligence = information process that requires human thinking {for now...})
- humanism is the cultural norm of the Internet (although there can and will be variations within niche online communities)
- Major terrorist attacks (i.e. 9/11, 7/7) that obtain widespread coverage in mainstream media come from "the ruling class" (ruling class = an international network comprising of elements within the mainstream media, military-industrial complex, intelligence agencies, supra-national governments, and finance cartels)
- there is a conscious movement amongst the ruling class to transfer power from national governments to supra-national governments
- the internet will create a cultural awakening through the remembering of history (see the hero collage in myth 2). history can no longer be erased (but can it be obscured in a sea of disinformation?)
- transparency is a requirement to get trust
- earning trust allows us to earn greater attention from our audience
- educating customers is a way to earn trust
- online community governance is a competence whose value is rising
- online community building is a competence whose value is rising
- seth godin's money paradox: the sooner you ask for money, the less you get
- platforms will compete against each other for products (background info: the game plan for web 2.0)
- network effects yield greater efficiencies in allocating attention
- seth godin's viral marketing formula
- fred wilson's future of media formula
- online advertising will grow
- mobile web will grow
- significant growth of the mobile web in the United States is contingent upon the disruption of value chains in the mobile telecom sector
- value chains surrounding content management systems will be disrupted by content management systems centered around sharing data and centralizing login identities.
- the web is fundamentally social.
- online communities and social networks will evolve into or be disrupted by simulated worlds (like SecondLife). i would expect this to become apparent during neptune's transit through pisces (circa 2012 - 2026)
- no decision can be based on fear (caution = good; fear = bad)
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