The world is on the verge of a revolution that will change conventional ideas about the economy, markets, finance and credit. The changes will be caused by the increase in technology companies. It is necessary to actively invest in the IT company to capitalize on its dominance of the future.
In the world, it formed a new group of companies that, with high financial capacity, a strong and promising business, an unlimited monopoly in their respective segments, and ambitious leaders who are capable of literally changing the world. What Steve Jobs probably dreams of is more than an iPhone in every pocket or a computer in every home.
Hi-tech companies are now characterized by the following characteristics: a large pool of money with virtually no debt and a constant positive inflow of money from the core business very little chance of market competition arising – 100% of competitors could be bought, as they say, “permanent” continuous improvement of technology, so most of the new solutions, knowledge, innovative products and software goes to a small circle of companies
global presence, not so much physical as informational and technological.
These features of world technology practically do not depend on national governments, nor on financial institutions, on anyone! These companies already have a large part, although not all of it obvious, of world domination; in fact, they probably have a great future. Change anything in this scenario, perhaps, too late.
At a time when more and more wealth is a) public (internet, cellular communications, programming), b) intangible (content and software, communications, electronic money), nobody except the leaders of the IT segment, there is no opportunity to preserve the advantages they enjoyed in the pre-computer age.
Victim 1: Government.
It is already widespread, the term “Facebook revolution”, although it seems that no one claims copyright. However, it is considered that the reason for the success of many revolutions that occurred in 2011 (Egypt, Tunisia, Libya and others) was the participants in the coordination of social media events.
Another example: freedom of information. The Internet is open to all, the state’s attempts, as before, to lose control of the media seem pointless. This is clearly seen in Russia: people no longer trust the official media and focus on the Internet. The government can no longer keep secrets (Wikileaks example), it cannot consolidate the mass, it cannot control the emergence of social groups (previously obsolete “parties”).
State and Government have lost the monopoly of information, propaganda and citizen brainwashing. With them they have lost an important part of the government, which they previously had. But it is a mistake to assume that this power is lost forever: it is simply transferred from the government into the hands of companies that control network media. Previously it benefits from control over information in the form of financial flows drawn from the state – and is now a global Internet company.
If so, will the changes last?
What will become of the fiscal functions of the State?
Is it possible that with the help of the Internet a representative and direct democracy is not created, that is involved in the government is not a handful of bureaucrats elected or appointed king, but all citizens?
Will the State continue to control the lives of citizens by issuing references to it, permits, information that can be accessed by other means?
Are there borders for programs, information, moving data, if they remain for the physical movement of goods and technologies for the physical movement of citizens?
Will the State continue to monitor the process of electing authorities, the judicial system, the transportation infrastructure, etc.?
It is unlikely that global technology companies will not reflect on these issues.
Victim 2: Banks and financial companies
it’s very simple: you can already make payments without going to the bank and not (directly) using their services. This is called “electronic payment systems”. Google has its own payment system and social network, in which 90 million users… that prevents the Internet giants, with their enormous financial resources and audience, from going ahead and organizing “electronic banking”, “exchange electronic”, “e-insurance company” “Electronic Credit Bureau”, etc. and so on?
It is only a matter of time before today’s banks, stock exchanges, and other financial intermediaries are forced to abandon Internet businesses. At first there is nothing more than a thick old economics textbook, striped suit and shiny bald head, a second is everything: the core business, generates income, lack of commitment, clients, technology, desire to conquer the world.
As soon as paper money is completely replaced by electronic money, “paper” banks will go back in time.
Victim 3: Rights Holders
I have long understood that it is nonsense to speak of copyright in a set of numbers, written in one form or another on the magnetic and optical media.
Only those who control: methods of writing information to the media; media production, reading with these supports, including programs for the reproduction of content, transmission of information, can be the owners and no one else.
Even if the books and CDs were transferred to someone, it was still possible to do something (referring to the fight against piracy), but once it entered an electronic network, the battle was lost.
This does not mean that the proceeds from the sale of works of art, and everything that has copyright, do not get it: they already receive it, and to a large extent, the Internet giants. They are already in the sector, and all the others (record companies, cinemas, stores, books and audioplastinok, traditional media, etc.) calmly serving the garbage dump of history.
Victim 4: The education sector
It’s good news first: To gain insight into how information you will no longer need to physically navigate to the school location, sit in the audience, live on campus, eat in the cafeteria, and get relief from a physical exam by a doctor. All this time there, but let him live a long time.
Bad news: the money you save on tickets to Oxford and accommodation costs, some of it will go to the IT company. Money, money over and over again in the same recipients!
But seriously, the education system as an information storage system is in the past. What makes people come to, say, business schools or tech colleges, is a) mindset b) social ties and behavioral skills. But I don’t see any obstacle that all this can’t be obtained by remote means.
Victim 5: All types of mediators: retail, tourism, real estate agencies, etc. etc.
Based on the latest developments in the travel market, coming soon. Lanta-Tour and other travel agencies – this is the last century. The man himself is able to find plane or train tickets, rent a car or a house directly from his owner and pay with electronic money. In addition, and for trade it may not be the easiest time because in 2011 more than 1 million Russians ordered products abroad by mail from the US, China and Europe, instead of going to the regional mall and buy the same to pay more. collection of 50% VAT and rent to the owner of the Plaza shopping center.
And here we see the outlines of a new world in which the old leaders of the defeated, and, oddly enough, in peace, without casualties and harm, a new procedure. There is no lack of co-owners Google, Microsoft, Apple and Facebook, and they are taken to prison for attempted coup d’état. Even a weak and sad attempt to somehow limit the monopoly of these companies did not work.
Conclusions: The
The global IT giants will increase their advantage, expanding the scope of the business, which has traditionally been done “offline”, and their financial condition and could grow, they will displace the old middlemen, who cannot oppose anything.
for inclusion in the new world government it will be enough, firstly, to acquire the shares of industry leaders, and secondly, actively participate in programming.
Soon, not a car, an apartment or the mail will determine social status, but the participation in the registry of holders of IT-company, its website, its program, its audience, its own information.
Care must be taken in dealing with those companies whose financial position and power are, or will soon become, a historic setback. Special care must be taken with financial entities (banking, insurance, pension funds, account settlement, stock exchanges, intermediaries, asset managers,…) and resellers.
I would not bet on these companies in an environment where Internet infrastructure and information technologies make possible direct transactions between sellers and buyers of anything, and when electrons are not just money, but people (through profiles on Facebook).
The basic conclusion is that the role of IT companies – government, society and stock markets – has been underestimated. While the Revolution, as a result of which they have come to rule the world, takes place before our eyes.
You can participate in the process (for example, by buying stocks or making your own resources and programs), standing on the sidelines, angrily rejecting new trends, believing in the old good value, trying to counter the IT companies, brandishing a law club prohibitions and SOPA agreements.
But in any case, he does not stop to think, to make the right decision, and not to swim against the current.