Monday, December 20, 2010

Faster and faster

The pace of change is going to continue to accelerate exponentially with wildly unpredictable results.  Concepts like inflation have never dealt with the type of value creation that we are experiencing.  Economists are having increasing difficulty figuring out how to measure the change.  It's an immense positive to the world, particularly to the poor and oppressed.  But it does make for a wild ride.


CHANGE: “Sometime in the next few months, the number of mobile phones in use will exceed 3.3 billion, or half the world’s population. No technology has ever spread faster around the globe: the mobile phone took less than two decades to reach this degree of penetration.”

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