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We are witnessing a brain drain as employees leave their physical-world jobs in transportation, manufacturing, and service industries to move into positions in digital companies because that is where all the excitement is. Even though we run the very real risk of becoming a digitally distorted society, giving too much power to geeks and nerds, it will be a refreshing move away from the banking overlords of the past decade.
There has always been competing forces within education, but the looming student debt crisis is beginning to paint colleges with the same brush as Wall Street. And the belt-tightening ahead for colleges will be a precursor to reining in costs in K-12. As the austerity movement in Washington begins to settle in, education, like virtually every other profession, will be asked to do more for less.
2012 will be the year when a wide range of new self-manipulating products and drinks will be launched involving everything from “instant-strong” to “instant-sleep” to “instant-attraction” to “instant brains.” Look for electronic devices to be added to the mix that push the envelope even further.
Not only are we increasingly aware of the world around us, we are able to focus the frequency of our awareness to precisely the topics and industries we are most interested in.
Those who are uncomfortable with this lifting of the veils tend to be the guardians of the secrets, people entrusted with protecting company assets, government secrets, and the old guard who firmly believes that ignorance is bliss.
Since startups have become an infinitely small portion of most bank’s loan portfolios, and the SBA who guarantees (primarily asset-based) loans for startups has become increasingly out of touch with the lean thinking and digital nature of new business formation, it wouldn’t appear to be much of a banking conflict on the surface.
People gathering the data are doing so for positive reasons, to make our lives more convenient. But there is a downside to this level of exposure.
Americans over 65 will more than double, from 34.8 million in 2000 (12%) to 70.3 million in 2030 (20%). At the same time, the next generation of retirees are destined to become the healthiest, longest-lived, best educated, most affluent in all history.
Five driving forces will cause healthcare to go into a death spiral in 2012 – the new healthcare legislation and forces of transparency combined with the convergence of smartphones, peripherals, and apps.