In my 2008 book, Jump the Curve: 50 Essential Strategies to Help Your Company Stay Ahead of Emerging Technologies, one strategy I encourage people to employ from time to time is that of reading the newspaper backwards. Why? Because it can help you more clearly see where the future is headed.
Yesterday, for example, as I was returning from Dallas where I delivered a keynote presentation on the future of travel and tourism to the Texas Travel Industry Association, I began by reading the marketing section of the Wall Street Journal from back-to-front. Here’s what I noticed. On Page 8, it was revealed that Sarah Palin’s new book won’t be released in an E-book until after Christmas. This is noteworthy for the simple fact that it wouldn’t have been noteworthy as recently as last year. In other words, E-books have now become so popular that when a new book isn’t released in electronic format at the same time as the print version it qualifies as news. It’s clear from this news that e-book sales will only continue to rise at the expense of traditional hardcover books and that the publishing industry must adapt.
On Page B7 there was a similar story, only this one related to the advertising industry: Web Ad Sales in Britain Overtake TV. On Page B6, it was announced that Lemmis Lighting is releasing a 20-year lightbulb. (Imagine this: In the future your kid or grandchild might not be able to change a lightbulb because it is something they only have to do once every two decades!)
And then on Page B5 there were two articles of note. First, there was a small article announcing that Princeton University was testing Amazon Kindle’s DX e-book as part of a national pilot program; and, second, there was a larger article explaining that the airline industry is finally getting serious about employing RFID tags to track baggage. Both news stories reinforce the growing prevalence of e-books and RFID technology.
My friends, the future is here. To learn more about it all you need to do is read the back of the newspaper!
P.S. If you keep reading the 9/30/09 edition of the WSJ, on Page 3, there is article explaining why biobutanol might soon replace ethanol as America’s biofuel of choice.
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