deepstash

Beta

Get an account to save ideas & make your own & organize them how you wish.

STASHES TO GET YOU STARTED

© Brainstash, Inc

deepstash

Beta

The End of the Beginning

Generational Change

When the end-users needs and problems are solved in fundamentally different ways, even companies that aren't a direct competitor to the old establishments pose a threat.

Generational Change is inevitable and no company can remain dominant for long.

44 SAVES


This is a professional note extracted from an online article.

Read more efficiently

Save what inspires you

Remember anything

IDEA EXTRACTED FROM:

The End of the Beginning

The End of the Beginning

https://stratechery.com/2020/the-end-of-the-beginning/

stratechery.com

3

Key Ideas

Paradigm Shift

Certain companies in the automobile and technological sectors experience a paradigm shift once a while, where once-dominant companies are usurped by the next wave of startups.

First-generation car manufacturers, once considered untouchable were rendered irrelevant by imported cars. Tech companies like IBM and Microsoft, which had a stronghold across the world for two decades, appear to be sidelined by newer players like Google, Amazon, and Apple.

Generational Change

When the end-users needs and problems are solved in fundamentally different ways, even companies that aren't a direct competitor to the old establishments pose a threat.

Generational Change is inevitable and no company can remain dominant for long.

The Beginning, Not The End

When we look at the developments in the last 100 years, it can be said that today's technology may just be the beginning of bigger disruption in the future. 

Companies like Apple and Google may just be the initial stepping stones, and technology will evolve further in unpredictable and unimaginable ways, impacting the next generation.

SIMILAR ARTICLES & IDEAS:

Mark Twain

"Whenever you find yourself on the side of the majority, it is time to pause and reflect."

Mark Twain

What entrepreneurship is about

Challenging times can create even more obstacles between you and success. But entrepreneurship is about leaning into the obstacles and finding and creating opportunities in places others have overlooked or written-off.
As others run away from the chaos, there will be more opportunity than ever to deliver real value to the world.

General Electric (1892)

Thomas Edison officially got his start years earlier (and survived several smaller recessions during the 1880s), but launched General Electric right as the nation was heading into the Panic of 1893 (16 months where business activity dropped nearly 40% across the nation).

10 more ideas

Ctrl+Alt+Del

Ctrl+Alt+Del

The famous key combination, Ctrl+Alt+Del is a way for Windows PC users to terminate an unresponsive task, or reboot the system.

The story goes that an engineer at IBM in the year 1980, an e...

Unexpected Fame

A few years later when Desktop PCs became a rage among millions of users, and the Windows Operating system started gaining popularity, the software started crashing due to various reasons.

This led to the keyboard shortcut of Ctrl+Alt+Del to terminate the application and restart the system to gain prominence through word of mouth, later making the engineer famous.

An Uncertain Future

  • The past decade gave rise to the 'Gig' economy, spawning one-click app-based transactions.
  • Artificial Intelligence and automation are further transforming how people live and work.

Future Proof Your Career

Future-proofing your career to stay relevant isn't about learning how to code or going back to college.

It is about having a career plan with a long-term vision, taking into account the current job-market conditions, economic factors, emerging opportunities, personal interests, and family realities.

Shrinking Life Cycle of Jobs

A life cycle of a job is shrinking rapidly, and if you're not re-inventing yourself or pivoting on time, you are rendered out of work sooner than in the past decades.

We need to check our career plan and ask ourselves what skills need to be developed to pursue future opportunities, in this shifting economy.

4 more ideas