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My Online Crystal Ball

Jim  Edwards  -  All  Rights  reserved
I now doubt that more traditional functions
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-like  this  will  adopt  video  conferencing.
Most people making predictions about theThe "little guy" will get completely
future never face accountability for theirswallowed  up  by  big  business?  NO.
erroneous  or  vague  forecasts.
Enhancements in technology will allow
"Experts" predict future developments,creative and innovative companies to compete
especially online, and only follow up if theyon  a  scale  with  enormous  companies.
happen  to  hit  correctly.
New ideas, innovations and the ability to
I, however, will gladly hold myselfbring them to market quickly through powerful
accountable for the following forecast ofonline channels will dictate the initial
exciting developments that will revolutionizesuccess  or  failure  in  business.
use of the Internet for all of us within the
next  twelve  to  thirty  six  months.However, once the business gets established,
the "little guy" will always lose to the
Entertainment"business"  that  operates  like  a business.
Download  movies  through your computer? YES.Companies large and small learned how to
market online correctly in the last few
With more than 50% of all online access inyears, so now long-term success directly
the U.S. now at broadband speed, therelates to the ability to operate like a
infrastructure for downloading movies exists.business, not a "lone gun" operating from an
Combine that with the availability of cheapInternet  connection  in  a  spare  room.
CD- burners, TiVo, and portable players like
the new Sony PSP, and all the ingredients nowSocial
exist for movies on-demand over the Internet.
An increasing feeling of loneliness and
Live performances by famous and unknownisolation  for  people  who work online? YES.
artists?  YES.
It rates much easier for people to retreat
Emerging talents will get "discovered" by theinto a "virtual" world, filled with virtual
popular culture through live broadcasts,friends and relationships, than to face
"Podcasting" and other "events" over thereality  in  the  offline  world.
Internet.
I think this trend of psychic disconnect will
"Podcasting" in particular will drive thecontinue until people realize they need a
social network effect of people passing alongbalance of offline friends and interests too.
new  music  and  content  to  friends.
Three general developments will drive this
Businessnext wave of technological innovation:
faster, cheaper computer processors;
True freedom and mobility through videoincreased access to broadband Internet; and
conferencing?  NO.cheap data storage devices with huge
capacity.
About 3 years ago, I predicted that
individuals providing personal services suchI also think one of the most important
as bookkeeping, accounting, writing, computerdevelopments to watch in the next year
programming or other consulting functionsinvolves any portable device that allows the
would use inexpensive and highly portableuser  to  take  digital  media  with  them.
video conferencing access and equipment to
provide  face-to-face  personal  interaction.In particular, portable MP3 players and
portable digital video players, present the
I was wrong. People have discovered that,most exciting and explosive possibilities for
with some things, it's just plain easier togrowth.
pick  up  the  phone  and  talk  to  someone.



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