The Gist
As the infrastructure of the Internet has been solidly put in place and the tools to create digital media dropped in price and in skills as a barrier to entry, the supply of digital media has exploded. Think YouTube, Podcasts, etc.
Origins
- Digital infrastructure has been put in place, is robust under normal circumstances and is increasing in scope.
- Digital content creation capabilities drops in price and skills required: capture tools (hardware: digital cameras, etc.) as well as content editing tools (software: the Apple iLife suite for example)
At Stake
Strategy: shakes the media industry value chain; impacts all media components in other industry.
Marketing: death of traditional advertising; rise of social media.
Corporate: has to be taken into account for all KM and internal marketing efforts.
Actionable ?
To be updated.
References
Umair Haque’s work (blog 1, 2, 3) is seminal as well as John Hagel‘s one.
- Digital media explodes in supply
- Attention scarcity is deeply reshaping businesses
- Pace of change is accelerating: what if there is no equilibrium?
- The cost of interactions between individuals has fallen to zero
- Core Digital Infrastructure Technologies improve exponentially without stabilizing







by Julien Le Nestour