The key question: how can we better conceptualize the switch from an economy of scarcity to an economy of abundance? Last night, Leah and I had the fantastic opportunity to fly down to San Francisco to hear Tim O’Reilly speak about the birth of the… Continue reading →
While it is conceivable that PayPal could become a ‘financial API’, capitalizing all of the pieces of a production value chain, PayPal, like eBay, is an artifact of the transition to hyperconnectivity, an arbitrageur exploiting imperfections in hyperconnectivity. Once everyone is directly connected, it is… Continue reading →
Thirty-seven percent of children between Kindergarten and Year 2 have their own mobile (of some sort), with one fifth having access to a smartphone. By Year 8, that figure has risen to eighty-five percent, with fully one-third using smartphones. [...] The next years are an… Continue reading →