In the beginning
The technology of the digital age is driving an unprecedented explosion in the ability to create markets in anything. Trade anything. Not just physical goods. Not just financial instruments. But ideas. Events. Outcomes.
The emergence of these kinds of markets will - over time - impact how we view and interact with the world in all aspects of our personal and professional lives. They will fundamentally alter the current world economic and social paradigm.
My goal is to highlight and comment on the new phenomena generated as these markets blossom. To question and provoke questioning. To spark debate. To open minds and change perceptions.
To welcome you to my paradigm. The Park Paradigm.
February 28th, 2006 at 1:43 pm
[…] From a bright new* star in the blogosphere, JP Rangaswami (*well he’s not exactly new to the blogosphere but he finally! has his own soapbox…), an excellent description of the Digital Generation that is one of the key pillars of my paradigm: What inverted? The age of the early adopter changed, which moved startlingly from 35-40 years old towards 12-21 years old. When you look at mobile phones, texting, instant messaging, downloads, Skype, the iPod and iTunes phenomena, multifunction devices, the standards for these are all set by youth. And this trend is now moving towards changing the functionality of “established” web firms such as Google and Amazon, eBay and Yahoo. […]