11. People
• “Net generation”
• 24x7 “mobile” workforce
• Knowledge via MOOCs
• Sharing not owning
• Sustainability
Technology
• Broadband access
• Mobile phones
• The cloud
• Internet of Things
• Big Data
• 3D printing
• Robotics/AI
• VR/AR
• Holography
• Blockchain
Open Source IP
• Software
• Hardware
• Physibles
Convergence of…..
Finance
• Microlending/microfinance
• Crowdfunding/equity/P2P
• Non-fiat cryptocurrencies
• Mobile money/payments
• M2M payments
12. Community platform
Hierarchicalfirm
VS
E.g., Electrolux, Ford
~ Created by employees within
organizational boundaries
E.g., Quirky, Local Motors
~ Created by community collaborators
regardless of affiliation
Teigland, Di Gangi, & Yetis 2012
Changing models of value creation?
13. “Local Motors is the place for people to create
influential vehicles together.”
https://www.youtube.com/watch?v=qj28q7HvfJ4
• 1000x cheaper to produce new car model
• 5-22x faster production, depending on vehicle
23. Year 1000
The local blacksmith
created solutions
The Local Blacksmith
Year 2015
The blacksmith is
you, your
colleague, or
someone in your
neighborhood
Creative Tools
28. What’s around the corner?
24x7 Global Internet Collaboration + Open Source + 3D Printing
http://mashable.com/2013/02/13/robohand/
$60,000
$150
Available for free
download on
$45
Where is
the firm?
29. The future is already here,
it’s just not very evenly
distributed.
- William Gibson