I was standing among a crowd of radical Serbs in front of the U.S. Embassy in Belgrade last week when it dawned on me: As a futurist, things are really going my way!

Bruce Sterling rants annually at SXSW. You can listen to it, check out some of the live-blogging, or, if you're really pressed for time, just scan the highlights:

The new third world is common space peer production: it is a new thing (not communism, not capitalism). It is not for profit conglomerate activity.

Someone is making your business into a social-based peer system where laborers are doing better work than an industry without really working.

The downside of folk culture is that is for hicks.

Blogs are a passing thing. Most interesting blogs are platforms for development.

So what are you developing?

I would present this more as, blogs will recede from being first-class entities that you visit, acknowledge, confront, etc.

What it takes to build a third kind of production system: ...

His list here is good, and so on point.

Technology Review also offers a digest, with some quotes.