Venture Capitalist (Union Square Ventures) and blogger Fred Wilson gave a talk a few days ago at Google’s headquarters in Mountain View. The key point of his talk was about disruption.
The talk includes his six words to live by on the Internet: Global, social, open, mobile, playful, intelligent — and a bonus seventh one: instantaneous.
Google has just posted the video of the talk on YouTube
As ‘media’ has become disruptive – are there other industries that can be end-to-end digital: created, distributed and consumed – without every becoming atoms.
Fred suggests:
Consumer Finance – money is already just bits. Why do we still use cash?
Education – education is interactivity, media, straight to the brain. The web as a textbook.
Energy – smart power in the home, renewable energy creating peer-produced micro-grids
Healthcare – self-care reporting, digital doctors, sharing data worldwide about pandemics?
Government – procurement, defence, law enforcement, entitlement, planning, crowd-sourcing?
Think about these areas: they’re incredibly disruptive to large organisations. To banks, schools and universities, power companies, hospitals and health trusts and, of course, the government itself.