Posted on January 19, 2013 by matthewdbenson
I recently wrote a blog post about crowdfunding (‘Kickstarter capitalism‘). In that post I largely reflected the perceptions of a typical ‘backer’ (or, one might say, ‘investor’) in crowdfunded initiatives – that is, someone like me. I’ve become enthused about how crowdfunding can help bring new creative ideas to life, when otherwise they might never have been funded; I’ve also bascked a number of such ‘projects’.
Once that post was published, I realized that there were still aspects that I wanted to address, particularly relating to the perspectives of crowdfunding from the view of a potential raiser of funds / project ‘creator’. I’ve not yet ‘created’ my own project on Kickstarter, but I have ‘participated’ in the creation of a project with a group (a consortium?!) of other individuals (more on that in a another post at another time!).
Filed under: Global economic environment | Tagged: crowdfunding, CrowdMission, Crowdsourcing, Frontier Developments, Indiegogo, Kickstarter, Pozible, venture capital | 1 Comment »
Posted on January 12, 2013 by matthewdbenson
Extract of screenshot from Kickstarter project “CST-01: The World’s Thinnest Watch” by Central Standard Timing [screenshot taken on January 10, 2013]
‘Crowdfunding‘ (or crowdsourced funding) isn’t new, but it took a leap forward in 2012 as people became more familiar with websites like Kickstarter (possibly the most well known crowdfunding site), Indiegogo, Pozible, Rockethub, Sponsume, and others.
The pure concept of crowdfunding is very interesting. In some ways it goes right to the the very core of capitalism, using the internet to apply specific marketing concepts. In other ways it raises ethical questions about financing of projects. On the face of it, it’s a huge opportunity for entrepreneurs, artists, individuals, and dreamers.
I’ve recently ‘invested’ in a number of crowdfunding projects, and have for a while wanted to note down some of my thoughts about the emotions that it evokes.
Filed under: Global economic environment | Tagged: Behavioral economics, creativity, Crowd funding, crowdfunding, Crowdsourcing, Indiegogo, Innovation, Kickstarter, Pozible, price discrimination, price psychology, Rockethub, Sponsume | 2 Comments »
Posted on May 5, 2012 by matthewdbenson
Image “Panic of 1873 bank run”, Illus. in: Frank Leslie’s Illustrated Newspaper, 1873 Oct. 4, p. 67. – see Wikipedia for further details
Tim Harford, wrote a great blog post today, “Time to bring in the crash investigators”, which opened as follows:
The NTSB is capable of providing a clear and authoritative narrative, explanations and conclusions about the crisis
After a financial train wreck, it’s time to begin to learn lessons from the disaster and prevent its recurrence.
I found that the blog post led me to a number of further thoughts around this topic, which I have set out below.
Filed under: Global economic environment | Tagged: economic downturn, financial crash, Global economic environment, National Transportation Safety Board, NTSB, Tim Harford | Leave a comment »
Posted on February 23, 2012 by matthewdbenson
I came across a tweet this evening from Stowe Boyd (@stoweboyd), a blogger, and decided to share my own thoughts (a copy of which is set out further down this post), on the topic of:
What are the ten (or so) most important themes or trends in the future of work, today?
There’s a good discussion developing, and I’ll be interested to see where it ends up (Stowe Boyd is using his site to crowdsource some thoughts on the topic, and is planning to present an analysis in the next couple of weeks).
Filed under: Global economic environment | Tagged: Diversity, Employment, Future of work, generation y, Jobless recovery, mobility, Organizational culture, Stowe Boyd, War for talent, Work | Leave a comment »
Posted on January 15, 2012 by matthewdbenson
Photo courtesy of ©iStockphoto.com/VallarieE
Apple has announced that it will shortly hold a special media event, regarding a development in their business model (such events seem to be partly for benefit of consumers, shareholders, suppliers, etc. as well as, seemingly, laying down a challenge to their competitors) – per AppleInsider:
Apple on Wednesday sent out invitations for a special event next week on Jan. 19 in New York City, where it has promised an “education announcement in the Big Apple.”
This announcement has resulted in increased speculation (there was already plenty of speculation before the announcement) of Apple’s potential future success.
Based on the rumors of the forthcoming event, many are predicting that Apple will now take over the text book industry, and some going as far even as saying that Apple will in future dominate the publishing industry.
Filed under: Global economic environment | Tagged: Amazon, Apple, forecasting, multi-scenario planning, planning, predictions, scenario plannin, war games | Leave a comment »
Posted on November 26, 2011 by matthewdbenson
TEDxBrussels, which I attended earlier this week (November 22, 2011), had the tagline “A day deep in the future” – the talks covered a broad range of perspectives around this theme, covering “Technology”, “Science from Fiction”, “Science”, “Made in Belgium”, and “Politics and Economics” – within this last category, Paddy Ashdown gave an excellent 18 minute talk titled “Why the world will never be the same & what we should do about it” (click on the video above to watch the talk).
Filed under: Global economic environment | Tagged: Chris Patten, economy, Global economic environment, nation states, Paddy Ashdown, TED, TED talks, TEDx, TEDxBrussels | Leave a comment »
Posted on August 4, 2011 by matthewdbenson
Photo courtesy of ©iStockphoto.com/YsaL
In the last few weeks I’ve heard two very contrasting interpretations of forecast birth rates. Both are largely based on the same facts, however with somewhat contrasting perspectives.
- The first interpretation, concerns itself with declining birth rates in the major, ‘developed’ economies, asking the question, if populations aren’t growing sufficiently (and in some cases, like Germany, aren’t even replacing themselves), how will future economic growth expectations be met?
- The second interpretation concerns itself with massive recent (ie, over the last 100 years) global population growth, and the potential consequences for earth’s finite resources (water, food, fuel, metals, etc.).
I’ve read around these concepts on the internet and set out, in the remainder of this blog post, some thoughts on what I’ve found, including the demographic-economic paradox, the demographic transition, sub-replacement fertility rates, and suggestions of the ‘tabu’ of discussing population growth.
ps. The title of this post is made in hommage to The Curiosity Chronicles, a Tumblr blog by Paul Bennett, Managing Partner and Chief Creative Officer of IDEO. I encourage you to take a look at his posts, if you’ve not seen them yet.
Filed under: Global economic environment | Tagged: Al Gore, Birth rate, Demographics, Population, Population growth, replacement fertility, Sir David Attenborough, Sub-replacement fertility, sustainable economics, U.S. Census Bureau, United Nations, United States Census Bureau, World population | 3 Comments »