The Rise of Networked Individuals and Their Role in the Life of Entrepreneurs United States Association for Small Business Entrepreneurship January 15, 2011 Hilton.
Download ReportTranscript The Rise of Networked Individuals and Their Role in the Life of Entrepreneurs United States Association for Small Business Entrepreneurship January 15, 2011 Hilton.
The Rise of Networked Individuals and Their Role in the Life of Entrepreneurs United States Association for Small Business Entrepreneurship January 15, 2011 Hilton Head, S.C. Lee Rainie: Director, Pew Internet Project Email: [email protected] PewInternet.org Behold the idea of networked individualism Barry Wellman – University of Toronto The turn by people from groups to social networks = a new social operating system = a new way to build businesses among them April 9, 2010 2 Big societal forces pushing us toward networked individualism (1) • Weaker group boundaries – Suburbanization – Fragmentation of nuclear family/changing family roles – Less prejudice – Group boundaries weaken – “Bowling Alone” – Media fragmentation – less cultural cohesion – Rise of “meritocracy” in workplaces/social structures – Politics, rise of “independents” – 39% of electorate – Religion, 44% switched from childhood denomination 3 Big societal forces pushing us toward networked individualism (2) • Spreading connectivity –Travel –Technology –Trade Big societal forces pushing us toward networked individualism (3) • Rise in personal autonomy and agency – Free-agent nation – Income and wealth volatility – Mobility – Growing personal life management -401ks and “cafeteria” health plans – Expanding consumer options Internet and Broadband Revolution 6 70% 66% Consequences for info ecosystem Volume Velocity Vibrance Valence / Relevance Consequences for info ecosystem Explosion of creators and niches Networked creators among internet users • • • • • • • • • • • 62% are social networking site users ~50% share photos 33% create content tags 32% contribute rankings and ratings 30% share personal creations 26% post comments on sites and blogs 15% have personal website 15% are content remixers 14% are bloggers 12% use Twitter 4% use location-sharing services Wireless Connectivity Revolution 12 Cell phone owners – 85% adults All adults Ages 18-29 Ages 30-49 Ages 50-64 Age 65+ 96% 90% 85% 100% 90% 80% 70% 60% 58% 50% 40% 30% 20% 10% 0% Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Mobile internet connectors – 57% adults All adults Whites Blacks Hispanics 70% 60% 50% 40% 30% 20% 10% 0% 62% 59% 55% New cell and wireless realities • More than 2/3 of adults and 3/4 of teens use the cloud • Web vs. apps struggle: 35% have apps; 24% use apps • Features used by cell owners – 76% take pictures – 74% are texters (text overtakes talk in frequency in 2009) – 42% browse internet – 38% are email users – 35% are IM-ers – 34% record videos – 34% play games – 33% play – 7% participate in video calls 53% of adults own laptops – up from 30% in 2006 50% of adults own DVRs – up from 3% in 2002 45% of adults own MP3 players – up from 11% in 2005 42% of adults own game consoles 6% of adults own e-book readers - Kindle 5% of adults own tablet computer - iPad Consequences for info ecosystem Any device Anywhere Place Presence Any time Social Networking Revolution 18 Consequences for info ecosystem Social dashboard Pervasive awareness So what for entrepreneurs? (1) They exist in a new creative ecology • Conceiving ideas is different among networked learners – More self directed and less dependent on top-down instructions – Better arrayed to capture new information inputs – More reliant on feedback and response – More attuned to group outreach and group knowledge – More open to cross discipline insights, creating their own “tagged” taxonomies – More oriented towards people being their own individual nodes of production So what for entrepreneurs? (2) They exist in a networked media ecology Media zones Attention zones Continuous partial attention Deep dives Info-snacking Social Immersive Streams Creative / participatory Study / work Brand new marketing and sales environment So what for entrepreneurs (3) Social networks play a more important role for marketing and sales • As sentries – word of mouth matters more • As information evaluators – they vouch for/discredit a business’s credibility and authenticity • As forums for action – everybody’s a broadcaster/publisher Queries??? • • • • • Different financing? Different logistics (supply chain)? Different competitive environment? Different mix of startups? Different success/failure rates? – Is competence with tech a key indicator of success? Why good social networks (and social networking) matter • • • • Healthier Wealthier Happier More civically engaged = better communities 25 Upheaval – 1 Gadgets and interfaces Changes underway Voice, smart/semantic web, translation, natural language search, projectors, screens, wearable devices make information …. Pew Internet – pervasive – portable – personal – participatory danah boyd - persistent - replicable - scalable - searchable COLLAPSED CONTEXTS Are hot future gadgets evident now? The hot gadgets and applications that will capture the imagination of users in 2020 are pretty evident today and will not take many of today’s savviest innovators by surprise. 16% experts Hot gadgets and apps that will capture the imagination of users in 2020 will often come “out of the blue” and not have been anticipated by many of today’s savviest innovators. 81% experts July 9, October 2010 22, 2010 2828 Upheaval – 2 The metaverse The virtual world merges with real world • Metaverse Roadmap: The internet of things enhances the internet of people – Augmented reality – Mirror worlds – Life logging – Virtual worlds Upheaval – 3 The exaflood Age of big data and “the internet of things” – 50 billion connected devices by 2020? • Exabyte: 1 billion gigabytes (1018 ) – 2002: 5 exabytes of info on entire internet – 2010: 21 exabytes pass on internet per month Implications • Constant connectivity changes social patterns and info flows: need for real-time info/analytics • Niches proliferate • Media power balances shift and boundaries blur – Old media vs. new media – Producers vs. consumers – New intermediaries • Influence shifts to social networks – Attention to info – Evaluation of info – Action on info, including creation Thank you! Lee Rainie Director – Pew Internet Project [email protected] Twitter - @lrainie 202-419-4500 34