The biggest problem comes from the inevitable commodification of business models as new entrants come in once and attractive market is carved out. You can ignore it to your peril or do what innovative companies like Hilti have done.
I just came across a fantastic interview with Stanford Professor and futurist Paul Saffo who talks about how we have moved from the Producer Economy (from about 1900 – 1950) to the Consumer Economy (fueled by Advertising and Marketing ) (from about 1950 till about 3 months ago (!)) and to the Creator economy, which we are entering right now. According to Saffo the Producer Economy was preoccupied by overcoming the scarcity of making stuff. It ended after the WW2 when firms realized they could make more stuff than people wanted.The next economy was dominated by the introduction of the credit card – and it was less about the workers who produced than the consumers who purchased the goods and
Well another Demo has come and gone with a whirlwind of information and opportunities. There are a few things which I found at this year's session. It seems like collaboration is no longer a nice to have but a feature that is really becoming standard when it comes to online products. Notably, Cozimo, LiquidPlanner and some others are taking it to a new level as they are allowing simultaneous work across multiple locations which points to the new, geographically dispersed nature of projects these days. And LiquidTalk allows simultaneous translation across differerent groups all within an IM client. Social media as a concept is also being rolled up into all products; so much so that Demo is going to stop having a
Simplicity was the kickoff theme as we went through a wide variety of demos this afternoon; all the way from virtual desktops for the enterprise to teaching music over the web. Chris Shipley noted that: "Simplicity on the other side of complexity. Making really hard stuff simple." A real cool demo was Sprout, that allows you to create flash widgets without being a flash programmer. Simplify, Simplify He wasn’t much of a technologist, but Henry David Thoreau had the right idea. We make our lives easier, and arguably better, by using products that wrap complexity and capability in simple designs and interfaces. DEMO will continue to beat the drum for practical products that work well, hide complexity, and make our
I got in today after a bumpy ride into Palm Springs due to the remnants of some bad weather they had on the weekend so some coverage of some of the companies presenting here this week. A few that I will be talking to include a content delivery network startup called BitGravity for a while (and also Squidcast which allows users to share HD video in a P2P environment!) and definitely Ribbit which allows developers to add voice quickly and easily to their applications. It "lets you make and receive multi-protocol calls via Flash-based phones, provides speech-to-text message transcriptions and provides an open message management environment - all built using Ribbit’s open APIs. " I will have to ask them