speed, volatility: you know the drill

1. Faster, faster, faster
Now

2. Information Glut
Connections hop the walls
between disciplines. Everyone
is forced to become a
generalist.
2

3. Everyone is forced to become a genera
Volatility
Days per Year the S&P 500 Gained or Lost >3% in Value
20
15
10
5
0
1950s 1960s 1970s 1980s 1990s 3 2000s

4. Value migrates to intangibles
Stuff Tangibles
(Nodes)
Market Value
S&P 500
Relationships
Intangibles
(Connections)
1982 1999

5. Business migrates to services
Services
United States GNP
Personal Consumption
Goods
1947 2007
22
5
Data: Moody’s www.freelunch.com