Thought Starters provides me with a chance to look through the articles, research and opinion pieces I’ve read, highlighting the more interesting trends, developments and changes in the world you and I live in. This edition looks at the evolution of mobile, Amazon, Apple, Google and Facebook’s stranglehold on media and technology, Tumblr’s role among teens and the upcoming Brexit referendum among other things. Happy reading.
It’s always fun to laugh at the people who said the future would never happen. But it’s more useful to look at the people who got it almost right, but not quite enough. That’s what happened in mobile. As we look now at new emerging industries, such as VR and AR or autonomous cars, we can see many of the same issues. The big picture 20 years out is actually the easy part, but the details are the difference between Nokia and DoCoMo ruling the world and the world as it actually happened. There’s going to be a bunch of stuff that’ll happen by 2025 that we’d find just as weird.
The recent launches of Facebook’s Instant Articles and Google’s Accelerated Mobile Pages aim to get content to consumers faster on their mobile phone (as well as keeping content within their respective domains). The following graph should give you an idea of why load times are so important for consumers:
Bruce Schneier gives a valuable defence of Apple’s refusal to handover the ‘keys’ to the San Bernardino shooter’s iPhone. I am not so sure if it’s quite as cut and dry as Schneier makes out but there’s a strong case for not opening back doors given that there are plenty of people whose governments are less benevolent than are own:
What the FBI wants to do would make us less secure, even though it’s in the name of keeping us safe from harm. Powerful governments, democratic and totalitarian alike, want access to user data for both law enforcement and social control. We cannot build a backdoor that only works for a particular type of government, or only in the presence of a particular court order.
NYU Stern Professor Scott Galloway provides a rapid fire look at the growing stranglehold that Amazon, Apple, Facebook and Google have on the media and technology sector – entertaining and informative:
A valuable companion to Galloway’s video is The Guardian’s presentation on key trends in the media sector focusing on where consumers are spending their time, emerging media models and podcasting among other things:
Whilst Tumblr might not be living up to Yahoo’s expectations with its monetisation, theres’ no denying its cultural impact. Elspeth Reeve provides a window into where Tumblr fits into teens’ digital lives:
Wong explained that teens perform joy on Instagram but confess sadness on Tumblr. The site, he said, is a “safe haven from their local friends. … On Tumblr they tell their most personal stories. They share things that they normally wouldn’t share with their local friends because of the fear of judgment. That has held true for every person that I’ve met.”
The IAB UK is pushing the importance of online advertising in the living room, pointing out that television isn’t the only game in town if you want consumers’ attention:
“Second screening is ingrained to such a degree that all screens are now equal, there’s no hierarchy, only fragmentation of attention – actually switch-screening is a much more accurate term,” says Tim Elkington, the IAB’s Chief Strategy Officer. “Furthermore, entertainment is only a small part of the living room media activity. It’s now a multifunctional space where people jump between individual and group activities, be it shopping, social media, emails, work or messaging.”
Ben Carlson explores why bear markets are so painful for consumers and businesses (and it’s not just the hole it leaves in their pockets):
One of the reasons for this is because of the difference between the nature of bull and bear markets. There’s an old saying that stocks take the escalator up but the elevator down. Bull markets are fairly slow and methodical. Bear markets are violent and come in waves. Bull markets take time to climb the wall of worry while bear markets can wipe out a decent amount of those gains in a hurry.
Thomas Piketty’s Capital in the Twenty-First Century has provoked renewed interest in the issue of income inequality. Dr Max Roser’s analysis points to rising inequality in English speaking countries which contrasts with the other developed economies profiled:
Britain is now in Brexit fever as debates rage over whether the country should leave the European Union following the announcement by Prime Minister David Cameron of a referendum in July. The Economist has done a quick roundup of some of the arguments those for and against Brexit are pushing:
One of the big uncertainties is the impact that Brexit will have on the UK’s economy. Chris Giles looks at three possible scenarios, a Booming Britain, a Troubled Transition and a Disastrous Decision.
The Economist point to the importance of education as key arbiter in determining Briton’s perceptions of Brexit. Tertiary education in particular providing a different filter to view these changes as well as increasing the potential benefits from being part of the European Union:
In the long term, this bodes well for pro-Europeans. University attendance has exploded, which suggests that Britain will become more internationalist and comfortable with EU co-operation. Yet in the meantime it seems the country will be increasingly polarised: liberal, Cambridge-like places on the one side; nationalist, Peterborough-like ones on the other and an ever-shrinking middle ground between the two, as the population bifurcates into those whose skills make them globally competitive and those who must compete with robots and the mass workforces of the emerging economies. Democracy—especially in a system as centralised and majoritarian as that of Britain—assumes some common premises and experiences, a foundation that thanks to the great educational-cultural divide is now at risk. Eventually Britain will look more like Cambridge than it does today. But until then decades of division and mutual alienation await.
Another country that is having a rather mixed relationship with the European Union is Poland. Christian Davies follows Jarosław Kaczyński and the Law & Justice party’s rise to power and concerns about growing nationalism and authoritarianism:
Commonly labelled conservative or nationalist, Law and Justice blends the religious and patriotic rituals of Poland’s long history of resistance to foreign oppression with hostility to free-market capitalism and a heavy dose of conspiracy regarding the machinations of Poland’s enemies. It is the vanguard of a movement that goes far beyond the party itself, supported by sympathetic smaller parties, ultra-Catholic media, nationalist youth organisations and an assortment of cranks and cynics who share a hostility to liberalism in all its guises. As foreign minister Witold Waszczykowski told the German tabloid Bild, his government “only wants to cure our country of a few illnesses”, such as: “a new mixture of cultures and races, a world made up of cyclists and vegetarians, who only use renewable energy and who battle all signs of religion … What moves most Poles [is] tradition, historical awareness, love of country, faith in God and normal family life between a woman and a man.”
Valentine’s Day this year was awash with media coverage of online dating and the impact it is having on relationships. It’s interesting to look back on how people have met their other halves in the past. These figures might not be right up to date (certainly pre Tinder) but they do give a valuable indicator of changing social trends: