My Online Crystal Ball

Jim Edwards - All Rights reservedto someone.
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-I now doubt that more traditional functions like this will
Most people making predictions about the future neveradopt video conferencing.
face accountability for their erroneous or vagueThe "little guy" will get completely swallowed up by big
forecasts.business? NO.
"Experts" predict future developments, especially online,Enhancements in technology will allow creative and
and only follow up if they happen to hit correctly.innovative companies to compete on a scale with
I, however, will gladly hold myself accountable for theenormous companies.
following forecast of exciting developments that willNew ideas, innovations and the ability to bring them to
revolutionize use of the Internet for all of us within themarket quickly through powerful online channels will
next twelve to thirty six months.dictate the initial success or failure in business.
EntertainmentHowever, once the business gets established, the "little
Download movies through your computer? YES.guy" will always lose to the "business" that operates
With more than 50% of all online access in the U.S.like a business.
now at broadband speed, the infrastructure forCompanies large and small learned how to market
downloading movies exists. Combine that with theonline correctly in the last few years, so now long-term
availability of cheap CD- burners, TiVo, and portablesuccess directly relates to the ability to operate like a
players like the new Sony PSP, and all the ingredientsbusiness, not a "lone gun" operating from an Internet
now exist for movies on-demand over the Internet.connection in a spare room.
Live performances by famous and unknown artists?Social
YES.An increasing feeling of loneliness and isolation for
Emerging talents will get "discovered" by the popularpeople who work online? YES.
culture through live broadcasts, "Podcasting" and otherIt rates much easier for people to retreat into a "virtual"
"events" over the Internet.world, filled with virtual friends and relationships, than to
"Podcasting" in particular will drive the social networkface reality in the offline world.
effect of people passing along new music and contentI think this trend of psychic disconnect will continue until
to friends.people realize they need a balance of offline friends
Businessand interests too.
True freedom and mobility through videoThree general developments will drive this next wave
conferencing? NO.of technological innovation: faster, cheaper computer
About 3 years ago, I predicted that individuals providingprocessors; increased access to broadband Internet;
personal services such as bookkeeping, accounting,and cheap data storage devices with huge capacity.
writing, computer programming or other consultingI also think one of the most important developments to
functions would use inexpensive and highly portablewatch in the next year involves any portable device
video conferencing access and equipment to providethat allows the user to take digital media with them.
face-to-face personal interaction.In particular, portable MP3 players and portable digital
I was wrong. People have discovered that, with somevideo players, present the most exciting and explosive
things, it's just plain easier to pick up the phone and talkpossibilities for growth.