The Speed of Change
This has been an extraordinary year, but don’t let the drama of 2020 blind you to the radical changes that have been taking place all around us for several years and the possibilities they hold for the future.
A few months ago Peter Diamandis and Steven Kotler published their latest book, “The Future is Faster Than You Think” in which they talk about the converging technologies that are transforming our world at an unimaginable speed. The book is worth reading if you are feeling complacent about where you are today and what you have already achieved.
Here are a few interesting facts to reflect on when it comes to the future:
- Almost all the companies profiled in the business school bible “In Search of Excellence” of the 1980s and 90s are no longer in existence.
- Since 2000, 52% of the Fortune 500 have either gone bankrupt, been acquired, or ceased to exist.
- Today, the world’s largest media company does not create any content; the world’s largest taxi company owns no cars; and the world’s most valuable retailer has no inventory.
If those facts don’t make you stop and wonder what’s possible for you, then they should.