One thing that I think will change in the future, due to the Internet, and I am surprised it hasn’t changed already, or maybe it has, in some ways, is that Wall Street will no longer be the center of commerce, Hollywood will no longer be the center of the movie industry, America will no longer be the massive force that holds the rest of the world in it’s orbit.
Any bozo with a video camera and access to youtube can make a film, and there are plenty of people willing to watch such films. They don’t need to cost millions of dollars to make, they don’t need huge stars, they don’t need to be 2 hours and 20 minutes long.
But, I often overestimate the short term impact of technological changes. When I first started day trading (about 5 years before everything collapsed – I was a small time player and didn’t have enough invested to really get hurt) I thought “This will shatter the glass ceiling. Nobody can tell on the Internet if you’re a woman or a man.”
It didn’t shatter the glass ceiling but, then again, maybe female investors just had the sense to stay out. Or maybe not. I’ve never seen any statistics on that.
Also, even though any bozo with a camera and youtube can make a film, the films usually suck. There’s a reason people spend big bucks to go to the cinema. You wouldn’t go to an amateur dentist, you don’t trust your car to any bozo with a wrench, and when you want to watch a film, you want to watch a film made by a professional.
So, I believe these changes will happen in the future of the world, but they aren’t going to happen on a massive scale just yet.
Time will tell.
Memo to self: more blogs on science and tech development
www.gurukalehuru.com 