Wednesday, March 17, 2010

Boom, Bubble, Bust & Resurection

After watching The True Story of the Internet: Bubble, I realized how interested I am in e-commerce and just how valuable this information is. For sure most new technological advances are started in a garage or a back room in someones house, but the fact that it's a new way of commerce aimed at reaching individuals and where regular people could compete on a level playing field with the "big players" is what catches my attention.
It's the idea that most of these new start up companies aren't out to get you, but to help you to help yourself and others that stands out to my ideals.

In the future I'm sure there will be more changes and bigger and better business models and technology, but for now I think we are on a steadily growing hill that's beginning to look like a mountain. We've ushered ourselves in to a technological generation with out thinking of the consequences. If everything is based on the internet, there could be some major problems that I hope others foresee as well.

The challenge now is just to keep up with your invention and don't let it take over from what you had first dreamed or imagined. Technology has a way of taking over and becoming an idol. Technology is a tool, to be used as a means to help, not something to take over absolutely every way we do every little thing.

There are many opportunities available for new companies to jump in with e-commerce. It's relatively simple and a great way to make money as well as to stay involved with clients and get involved in new clients in far away places.

Facebook and Twitter are definitely a great example of being successful in a new web venture without even asking users to pay for the service. It's an idea and a means of 
 sharing information that definitely appeal to most users.

Beyond these companies, I believe we need to continue to watch out for the intentions of companies. There are too many out there building, with ideas that are a rip off or not so great, that are spending too much money and just copying the guy next door.

Just like the AB testing mentioned in a SXSWi session for web sites. AB testing should be done on companies and start ups and blogged about, reported on, or a web site made about it to inform every user from novice to expert what to watch out for and expect on these sites.

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