Today I noticed the Los Angeles Times, the local newspaper. It’s important to say that I noticed it, and not that I read it. I don’t enjoy reading any newspapers, because they are full of killing, destruction, negativity, and bad news of every kind.

The interesting thing about the newspaper, is that it’s practically gone. Each section was just a few pages. A year or two ago, the newspaper seemed to be pretty much the same as in the pre-Internet era. But quite recently, it seems to have been reduced to a mere shell of its former negative self.
It’s pretty natural for a 20th century technology like newspapers to disappear. Not only has the Internet made them completely irrelevant, but there are a few factors in particular that are at work.
The first is the power of the blog. Since you’re reading this, you understand that anybody can distribute their own articles, and even their own newspaper, for free using a blog. I wonder how many people who first saw the blog understood the revolutionary web 2.0 power it would exert.
Another important player is the Wikipedia factor. Just a few years ago, the idea of an expert doing the writing was important. The Encyclopedia Britannica was edited by scholars. The newspaper was written by accredited reporters. But the paradigm of having an expert at all has disappeared. Now we have the whole group being the expert, and there is no need for a single writer.
The environments is also moving to the forefront of people’s minds. It seems pretty silly to kill millions of trees and pollute the environment to deliver information on paper on a daily basis. It makes about as much sense as sending a telegram.
So what does this mean for you? This means that anybody can succeed by riding the trends. People who were investing in newspapers a few years ago lost money. But many people who invested in themselves, started a blog, sold stuff on eBay, or pursued any number of Internet businesses had a great chance at making money.
Accelerating Technology, Business Strategy, Investing, Success
20th-century, blogs, eBay, future, Internet, making money, newspapers, Success, trends