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[VIDEO] World in Transition (Albert Wenger at DLD NYC)

May 10, 2014

This week, instead of an infographic, we decided to change things up with a relatively short video featuring Albert Wenger, a partner at Union Square Ventures, which is best known for its early investments in Zynga, Twitter, and Tumblr.

In the video, which was recorded at the DLD (Digital-Life-Design) conference in New York City earlier this month, Wenger explains that human society is the midst of a transition as profound in its implications as the shift from hunter gathering to subsistence farming was in the Neolithic Era. What's more, says Wenger, the transition from an industrial to an information society has already begun to create big changes in the global economy, including:

  • Disappearing growth
  • Disappearing jobs
  • Disappearing capital
  • Disappearing attention

Wenger has lots of other interesting things to share -- including the fact that half of all jobs in the global economy could be automated over the nex twenty years and the fact that a book published in the U.S. today sells an average of two hundred and fifty copies. (So much for Plan B.)

Check it out. If Wenger's factoid about our increasingly attenuated attention spans is correct, you'll only interrupt yourself once before the end.

 

 

What do you think? Is Wenger's description cause for optimism? Or does it just make you want to crawl under the covers?

-- Mitch Nauffts

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  • "[L]et me assert my firm belief that the only thing we have to fear is...fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance...."


    — Franklin D. Roosevelt, 32nd president of the United States

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