Sunday, March 7, 2010

The Next Wave of Innovation

It is now becoming clear to me that the winners in technology innovation will not be the companies who build the technology but the companies that use the technology effectively. The last decade has seen a proliferation of technologies to consumers around the world.

A lot of things a normal person would attach themselves to have been digitized. To name a few,...

1. Books
2. Music
3. Entertainment
4. News
5. Vacation (planning) - may be in future people will take virtual vacations
6. Writing letters
7. Movies

What does it mean? It means that winners in each of these areas will be companies that completely restructure the economics of creating and consuming these virtual content.