By paulgillin | May 16, 2009 - 5:19 pm - Posted in Future of Journalism, NewMedia
A chance meeting with a reader this morning reminded us of this 2004 video by the Museum of Media History, which we realize not everyone has seen. It’s a futuristic look back from the year 2015 at Google’s successful march to aggregate and customize the world’s information. Although dated, it’s startlingly accurate in some respects. It’s kind of cool till you get near the end. Then, well, you decide.
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Its the same old story, the past future is not all it was cracked up to be.
Part of this is that while imaginative people are pretty good at issuing pronouncements of convergence and cohesion of some things, these same people are continually getting blindsided by things outside their purview.
For instance: who thought that failure to regulate derivatives would lead to my client list (banks) getting decimated (and the far too great success of derivatives to spread the risk far beyond its fiscal boundaries would mean that an error [the failure to degrade a bond when its contained elements had a less than stellar rating,] in evaluating an asset would combine to bring about trillions of dollars of money to be miscalculated, would freeze the world credit markets and everybody that depended on the flow of thise trillions of dollars.)
Well, I guess that Youtube.com look ahead/back would have been good if you could audibly understand anything in it. Crappy audio, dudes.
Hi, Paul — Ya, definitely a great piece; and as for the end, yup, that’s pretty much on target! The better this whole Googlezon thing gets, the worse it gets….
Urb
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