Saturday, January 14, 2012

Industrial Age vs. Information Age

The Rules Have Changed                   

Industrial Age
Information Age
Philosophy

Go to school, get good grades, find a safe, secure job with benefits, and stay there all your life. After twenty years or so you retire, and the company and the government take care of you for the rest of your life.


Go to school, get good grades, find a job, and then retrain yourself for that job. Find new companies and new jobs and retrain and hope and pray you have enough money set aside to last you much longer than age sixty-five because you will live well beyond the age of sixty-five.
Defining theory

Einstein's E = mc2


Moore's law = the amount of information doubles every eighteen months
Rate of change

What you went to school to learn was valuable for a longer period of time


What you learned is important, but not as important as how fast you can learn, change, and adapt to new information.
Retirement plan

Employer was responsible.


Employee is responsible.
Age consequence

You became more valuable the older you got.


You became less valuable the older you got.
Work

Employees for life


Free agents
Who made the big bucks?

Smart kids like doctors and lawyers


Athletes, actors, and musicians

For some people, these changes will be a blessing; for others, these coming changes will be a curse; and for others, these changes will still make no difference at all.

"There are people who make things happen; there are people who watch things happen; and there are people who say, 'What happened?”




An excerpt from Robert Kiyosaki's Rich Kid Smart Kid