Don Tapscott on Internet and end of recession

Don Tapscott, is stating the paradigmatic effect of Internet on the whole society in this short and radical movie. He states that:

  • The web is creating a global infrastructure for collaboration (which leads to disruption and confusion)
  • As a result, all of our institutions have come to the end of their life-cycle
  • The current recession is a crucial punctuation point in human history – the point where we said that we need to reset, the point where the industrial economy has finally run out of gas
  • This paradigm shift is creating a crisis of leadership
  • The Digital Natives are inheriting this situation – and they think very differently
  • Kids are now the authority on many issues
  • We have 40 years to re-industrialize the planet

[From MediaFuturist: Don Tapscott: Anybody that thinks we come out of this recession and get back to business as usual is deeply mistaken]

I think he is sort of right and I basically argue something similar, but I try to avoid his mistake of attribute everything to just the Internet. Internet is a really important driving force that shapes a lot of things right now, but both the end of the industrial era and the new challenges we see today is a result of many other important driving forces as well.

But it is a brilliantly short and crispy video with a message: