Things have changed a lot , and keep changing every day, consumption, marketplaces, changes in demand in different industries are driving the changes required in enterprises, organizations. Ultimately people as both consumer and provider are being transformed; there has to be a way to adapt but is not easy; who knows how will work, live, communicate, consume; we are all embarked in a journey that can be as optimistic as anyone want, we all are on this and need to take this as it comes. The most worrying part, I think, is that normal or Education as we know it, is not preparing our kids for that future that doesn't exit, it didn't in the past but at least some Universities, as Tec, used to get it right but not anymore, it seems as we are in a a world beyond globalization, those of us who lived it are lucky.
Since a couple years ago, how to invest in a "Winners take all" (see link), is from a perspective of investment, however as an employee is worrying that now is important to bet on those companies that would have a great future, and there will not be many.
an extract of this WSJ article on one hand :
... “Networking effects” are driving the winner-take-all economic shift, according to Geoffrey Parker, a professor of engineering at Dartmouth College. These effects come into play, Prof. Parker says, whenever a company’s users create value for other users. An illustration is Apple Inc.’sAAPL -0.53% dominance of the smartphone industry: As more people buy iPhones, the more developers want to develop apps for those phones. And the more good iPhone apps there are, the more people want to buy those phones. These networking effects create a “virtuous cycle” in which one, or perhaps a handful of companies, eventually dominates the competition. ..."
on the other hand, mainstream have started questioning (today still very shy voices) those companies that "want to take it all" and new trends as AI, by the first time there is a high risk of big impact in jobs that would require high level specialization. as described in this article. society 'flying bind' over robots impact on jobs.
An extract of this FT article is:
will try to update this post.
regards
Luis
Since a couple years ago, how to invest in a "Winners take all" (see link), is from a perspective of investment, however as an employee is worrying that now is important to bet on those companies that would have a great future, and there will not be many.
an extract of this WSJ article on one hand :
... “Networking effects” are driving the winner-take-all economic shift, according to Geoffrey Parker, a professor of engineering at Dartmouth College. These effects come into play, Prof. Parker says, whenever a company’s users create value for other users. An illustration is Apple Inc.’sAAPL -0.53% dominance of the smartphone industry: As more people buy iPhones, the more developers want to develop apps for those phones. And the more good iPhone apps there are, the more people want to buy those phones. These networking effects create a “virtuous cycle” in which one, or perhaps a handful of companies, eventually dominates the competition. ..."
on the other hand, mainstream have started questioning (today still very shy voices) those companies that "want to take it all" and new trends as AI, by the first time there is a high risk of big impact in jobs that would require high level specialization. as described in this article. society 'flying bind' over robots impact on jobs.
An extract of this FT article is:
"
...The warning, in a paper published in Nature on Thursday, calls for a new partnership with digital companies such as Uber and LinkedIn, which are quickly becoming repositories of the information needed to understand how work is changing.
“Given the pace of change in the economy, we’re really flying blind,” said Erik Brynjolfsson, a professor at Massachusetts Institute of Technology and co-author of the report.
Prof Brynjolfsson was one of the first to sound a warning about the risk to many of today’s jobs from advanced robotics and AI, in a book he co-authored called The Second Machine Age. He has been less apocalyptic than others who have predicted an end to work, arguing instead that many jobs will change and new ones will be created.
However, he warned that the jobs upheaval was already causing greater inequality and social strain and that without a better understanding of the forces at work, governments would not be able to deal adequately with the fallout....
"
will try to update this post.
regards
Luis
