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Thursday, February 05, 2009

the new Network/Technology Economy

Burke mentioned an article today that had a different take on our economic situation (and more).

The Chief Learning Magazine article - Get Out of the Training Business

I dont agree with his title, simply because I think that he uses a utopian vision in this future prediction: "Training is obsolete because it deals with a past that won’t be repeated."

But I did like these aspects of his explanation of our current changes:
-If you’re looking for a way to weather the economic downturn, the first thing you need to do is realize that it’s a permanent climate change, not a passing storm.
-we are not in a recession, its a new economic revolution
-The industrial age is in its death throes, making way for the unfolding of the network age. This is akin to when the Industrial Revolution overwhelmed the agrarian age.
-we are moving towards a network/technology economy
-about a third of all industrial companies probably will disappear (are automotive companies, housing market restructuring, financial markets - a big part of this???)

We can't solve problems by using the same kind of thinking we used when we created them. - Albert Einstein

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