Those who own the future are going to be the ones who create it. It???s all up for grabs. Web monopolies are not as sticky as the monopolies of old.
Lets look at some of the specific advantages of youth. First, as mentioned before, without the blinders of past experience, you don???t know what not to try, and therefore, you are willing to attempt things that experienced executives will not consider. Second, you are quick to leverage new technologies and tools way before the incumbent will see an opportunity or a need to pay attention. For me this may be the bigger issue. The rate of change on the Internet is extremely high. If the weapon du jour is constantly changing, being nimble and open-minded far outweighs being experienced. Blink and you are behind. Youth is a competitive weapon.
- AcceleGlove. Equipped with accelerometers that track the exact movements of a person???s hand.
- Cubelets from Modular Robotics. The electronic building blocks are marketed as a toy for children but adults may enjoy it too. You attach power blocks, sensor blocks and action blocks together to make small robots that move, light up or perform other actions.
- Exmobaby. Biosensor baby pajamas feature a snap-on transmitter that measures vital signs in infants, including heart rate, skin temperature, moisture, and movement.
- Romotive. Lets you preprogram your smartphone ??? Android or iOS ??? to drive a small wheeled device in a preprogrammed pattern, or you can use your tablet to direct its movements.
- Solarmer Energy. Developing solar energy cells made of thin, flexible plastic that can be rolled up like a sheet of paper.
- Perpetua Power. Working on products that generate renewable power from body heat. It is developing a wireless wristband to monitor the location of Alzheimer patients
- Sun Innovations. Uses a nanoparticle film to project glowing animated signs on a window that look ???like a display floating in the air???.
- HealthMicro presented its disposable wireless sensors, designed to replace wired sensors that health care workers now stick on a patient???s body for medical examinations like an electrocardiogram.
- Emota.net. Used gesture controls embedded in a stuffed penguin to make social-networking technology more emotionally engaging. It creates a layer of social networking on top of Facebook.
Have you been following the war on Netflix and Redbox/Blockbuster? The film companies and HBO believe if they make war on these distributors DVD sales will rise and happy days will be here again. This is like the record labels believing they can make CD sales rise if they make war on Best Buy and Wal-Mart and put a shiv into the independents while they’re at it.
The future is inevitable. Reading is moving to electronic devices and physical media is dead in the music business, despite all the hosannas about vinyl. Sure, vinyl is fun and warm, and who doesn’t love those giant covers, but saying vinyl is making a comeback is like touting the sales of typewriter ribbons, it’s a drop in the bucket, it’s irrelevant nostalgia, a footnote by the side of the road on the way to what comes next.
And who taught us about the future?
The public embraced digital photography as well as MP3s. The public has no investment in infrastructure, it just latches on to what’s cool and efficient and goes there.
I’d call the incumbents Canute-like, but Canute was the one who knew the sea wouldn’t be held back by his command, it was his “flattering courtiers” who claimed he possessed that power. So are the incumbents deluded, and denuded, by the tailors who present new clothes, empty promises of a rosy return of the past. Almost tragic.
`My name is Ozymandias, King of Kings:
Look on my works, ye mighty, and despair!’
But the total movie industry revenue was $87 billion. Where did the other $57 billion come from?
From sources that the studios at one time claimed would put them out of business: Pay-per view TV, cable and satellite channels, video rentals, DVD sales, online subscriptions and digital downloads.
The Movie Industry and Technology Progress
The music and movie business has been consistently wrong in its claims that new platforms and channels would be the end of its businesses. In each case, the new technology produced a new market far larger than the impact it had on the existing market.
It’s always cheaper to whinge than the change and if you have the ear of the State, reality never checks you. Until later.
As a revenue source, spectrum auctions are a particularly pernicious tax on wireless innovation. They pick the wrong technology for wireless infrastructure by regulatory fiat, and strengthen the market dominance of already-dominant players. The costs of this policy to innovation and growth greatly outweigh its revenue benefits.
These auctions may lock in an outdated regulatory paradigm, strengthen the dominant mobile broadband carriers, and block the path for some of the most innovative wireless technologies that could improve mobile broadband speed and reduce its price over the next decade
The proposed spectrum auctions are being promoted under the false premise that boosting mobile broadband, smart grid communications, inventory management systems, mobile payments, and health monitoring requires auctioning exclusive pieces of licensed spectrum. In reality, these markets are fast developing through unlicensed wireless applications, like WiFi.
These dynamic markets are telling us something new: The future of wireless will likely be mostly unlicensed, with an important, but residual role of auctioned, licensed services. And yet the drive to auctions simply ignores the evidence from actual markets in favor of an outmoded regulatory ideal that is the opposite of what cutting edge radio engineering and dynamic markets show.
To me it sounds very like the dominant incumbent exclusivity regime being chosen over the developing innovative, chaotic, anarchic, and successful models. That sounds like the copyright struggle to me.
If you haven’t, read this. He puts it so much better.
Analysis of the costs and benefits of IP protection shows there is a tendency toward overprotection of IP in all our societies, particularly in the areas of copyright and patents.
The analysis also shows the optimal rate of protection differs between countries and that it can differ across time as countries move through different stages of economic development.
The problems of overprotection are particularly acute for technology importing countries, including developing countries.
The analysis shows that for these countries, IP rights that are too strong will detract from innovation rather than promote it.
It’s not a question of protection, it’s how long and how broad that protection should be.
It is said that those who don???t study history are doomed to repeat it. In the case of the copyright industry, they have learned that they can get new monopoly benefits and rent-seeker???s benefits every time there is a new technology, if they just complain loudly enough to the legislators.
Not so much deceit as typical incumbent NPV driven behaviour.