possibly noteworthy wrote:
Clay Shirky:

When reality is labeled unthinkable, it creates a kind of sickness in an industry. Leadership becomes faith-based, while employees who have the temerity to suggest that what seems to be happening is in fact happening are herded into Innovation Departments, where they can be ignored en masse.

If the old model is broken, what will work in its place?

The answer is: Nothing. Nothing will work.

That is what real revolutions are like. The old stuff gets broken faster than the new stuff is put in its place.

Now is the time for experiments, lots and lots of experiments.

Recently:

I think things are going to get very bad.

From the archive, a pointer to other recent Shirky:

The job of the next decade is mostly going to be taking the raw revolutionary capability that's now apparent and really seeing what we can do with it.

First of all, I love the quote "When a 14 year old kid can blow up your business in his spare time, not because he hates you but because he loves you, then you got a problem." It's precisely correct and given that it's been happening for nearly 20 years, it shows the irresponsibility of our current system.

We are sitting on THOUSANDS of bubbles. It's not just one. It's a froth. It's not just the finance sector. It's health care. It's education. It's pretty much everything that we deal with. The quote "Digital advertising would reduce inefficiencies, and therefore profits" is so misunderstood that it lies dormant like a land mine at a far corner of a playground. Most of our major industries are fraught with inefficiencies, and the transition to data liquidity and information sharing, which yields TRANSPARENCY as well as higher efficiencies is what is hurting. You can't hide your laziness anymore.