They used to say that when the US sneezes, the rest of the world catches a cold. These days we all get to see and hear that cold in real time. Everything from countries and computers to industries and gadgets are increasingly linked together. In the future you can expect to see this trend accelerate even more thanks to everything from RFID tags to smart dust. This is both good news and bad. It’s good because information (good and bad) will travel around the world instantly. This means everything becomes transparent. It’s bad because in the future there will be little or no privacy and, since everything is connected, if something fails in one area the whole ‘network’ can be effected (‘cascading failure’ is the term used by some people). This explains how SARS can travel around the world at such speed and also how innovations are copied so quickly. We are assured that the Internet and devices such as mobile phones are immune from such networked failures due to their design. We disagree. Expect a catastrophic (but recoverable) failure within the next ten years.
Monthly Archives: August 2006
Memory
We increasingly live in a world that forgets. Companies have almost no sense of their own history while politicians positively revel in the fact that voters cannot remember (or choose to forget) lies, deceptions and even criminal behaviour. This is a problem because power is essentially a battle between memory and forgetting. Unfortunately, memory loss is a by-product of trends like speeding-up and convergence. It means that attention spans can almost be measured in nano-seconds (have you noticed how members of Generation Y won’t wait for anything anymore?). This in turn may give rise to memory loss in older age (cue various technical and pharmaceutical solutions). Conversely, we are also becoming increasingly fixated with preserving our own memory. ‘Life caching’ is a major trend (and a US $2.5 billion industry) where people effectively download (or upload) everything from emails and text messages to photographs, video clips, words and spoken words. Similarly scrap booking is a hot trend at the moment, although one suspects that this might have more to do with nostalgia and relaxation than immortality. Links: http://www.nokia.com/lifeblog
Authenticity
Life is complicated and getting more so. We are suffering from Too Much Information (TMI), Too Much Choice (TMC) and Too Much Technology (TMT). We are also being subjected to multiple truths (one minute coffee is going to kill you, the next it’s a miracle cure) and fed a seemingly endless diet of half-truths and lies from companies and politicians who want to sell us something. The response to all this is an interest in authenticity or ‘realness’. People want to know where things (or people) are from and whether they can trust them. They also want to know what the story is. Of course there are contradictions. On the one hand we expect people and products to be trustworthy, ethical, real and tell stories about their history. On the other hand we are ourselves leading increasingly fake lives – filling our lips with Botox, dying our hair blonde, enlarging our breasts and pretending we’re happier than we really are.
Happiness
Materialism is still in full swing but for many people it’s starting to lose its appeal. We are working harder and working longer – and earning more money as a result – but it’s becoming increasingly obvious that money can’t buy you happiness. People are also starting to realise that identity is not shaped by what you own or consume but by who you are and how you live. To some extent the happiness phenomenon is really a search for meaning. Hence the increase in spiritualism. But it is also down to the fact that people have too much time on their hands. A century or two ago people were focussed on survival and just didn’t have time for self-introspection. Keep an eye on how often the topic of happiness appears in the general media and when politicians and companies pick up on the issue you’ll know the trend has truly arrived.
Glocal
Globalisation is obviously a huge trend but if you look forward far enough it looks like the future will be local. You can already see evidence for this shift in the fact that the opposite, localisation – is a major trend in everything from food to politics. And it is entirely possible that the EU could collapse back into local units or even small city-states and the consequences of this would be extraordinary. Theoretically, globalisation still has many years to run (and will run alongside an interest in all things local) but we are increasingly at the mercy of resources. Put simply, when natural resources such as oil run out, we will have no choice but to stop moving around and adopt a more local way of life. Back to where it all started in other words.
Demographic change
Demographics is the mother of all trends (or, as someone more eloquently once put it, (‘demographics is destiny’). The big demographic shift is ageing. In Europe 25% of the population is already aged 65+. Linked to this is the rise in single person households (46 million in Europe) caused by an increase of widows and widowers, but also caused by more people getting divorced and by people marrying later or not at all (42% of the US workforce is unmarried). Add a declining fertility rate (below the replacement rate in many developed nations) and you have a recipe for significant socio-economic change. Other linked trends include older parents, more one-parent families, male/female imbalance (eg China) and less traditional family units. In 1950 80% of US households were the traditional 2 parent & kids nuclear family. Now the figure is 47%, while over in Europe there will be14% less nuclear families in 2006 than in 1995. This could all change of course, but it’s in the nature of demographic trends that change is usually slow in any given direction.
Regional & Seasonal
For some people organic just isn’t good enough. Food has to be locally grown and sold too. In the UK, the so-called ‘food miles’ debate has become a political hot potato (in Islington at least). So expect more micro-breweries and even micro-cheeseries. The perfect example of this trend is a restaurant in the Netherlands that has its own vegetable garden right next to the restaurant so you can see your next meal growing while you eat.
Cocooning
Faith Popcorn’s cocooning phenomenon is still alive and well thanks to everything from 9/11 and SARS to ‘speeding up’ and Too Much Technology (TMT). As a result people will spend more and more money on their homes and gardens turning houses into mini spa resorts and gardens into havens of relaxation.
Open source innovation
Companies are slowly catching on to the fact that none of their employees is as smart as all of their employees. And if you want to get really smart, try engaging your suppliers and customers in the product development and innovation process too. Even NASA has got into the act using amateurs to map craters on Mars, while Procter & Gamble has said that 50% of new products should come from outside the company. (See also personalisation and customer co-creation trends).
Experiental travel
According to the World Tourism Organisation, cultural holidays are the fastest growing sector of the tourism market. This segment includes everything from backpackers looking for ‘real’ experiences half way up the Amazon, to flocks of retirees booking cultural tours through SAGA or the British Museum. As a result towns and cities are increasingly marketing themselves using whatever nature and history have given them. This dovetails with an increased interest in unusual but ‘safe’ destinations. Examples would include former Soviet bloc countries such as Bulgaria and Balkan countries, especially Croatia. Another emerging segment that is part of this cultural voyeurism is what’s been called religious tourism.