Digital efficiency....
Mood:
a-ok
Topic: Internet-based business
The world economy is in transition... As with most systems that are in transition - it is in a mess... If we look at it all through a C20th lens this mess is scary... This view of things would have you believe we are headed into a depression, yeah depression, not recession....
We get the prognosis wrong because we use antiquated tools of analysis... Simply put we get these fearful predictions because we have not changed our thinking from analogue to digital.
Analogue systems work in series - digital works in parrallel.
Send a message across an analogue communications system - it is simple. The message is a unit and it finds its way down a tube as quickly as it can. The noise in the system delays or distorts this unit. Send a message across a digital communications system. It is more complex yet more efficient. The message is split up into micro units that are pushed through the tube(s) in the best way that can possibly be found. So it is not one solid message - the digital message is broken up into micro units at its orgins and reassemble again at its destination. Digital messaging is quicker and less affected by any noise in the system.
The noise in the digital system today is our old habits, ways of thinking, and mindsets. We know that we are in trouble because we have never seen this type of global economic mess before. What we have not seen before we can not make head nor tail of because we always look at the current crisis through the lens of the past. In this case we are looking at a digital networked economy as if it is the continuation of the C20th Nation-State based global economy. It is not.
We are looking for one big message. We are looking for this message to come to us, through all the noise of the crisis talk, in one whole piece. We are not looking for a digital message that is fragmented into micro-units and can be assembled into a coherent message if we look at it as a new source of information or feedback about what is happening out there in the what economists refer to as the real economy. Where people are employed and earn their livings.
The digital message is fast and efficient. It is raw because it comes without the noise associated with analogue messages. So strap on your digital headset and start listening a new to the messages from the 'real economy'.
The real economy is in transition from an analogue world of carbon and people intensive systems to a digital world of information and technology intensive systems. The message is clear. What you do with it is up to you......
Posted by richard-lipscombe
at 3:43 PM NZT
Updated: Wednesday, 23 July 2008 2:16 PM NZT