Our world has changed, fundamentally and irrevocably. The factors are myriad, but as a rough snapshot:
- The rate of change is increasing.
- There is a deluge of information.
- Innovations are coming faster.
- Time to market is decreasing.
These are not speculations. Thomas Frey (2006) cites multiple pieces of evidence for the rate of change, citing deltas in economic growth, astronomy technology, biotechnology, and more. Google CEO Eric Schmidt has been quoted (King, 2011) as saying, “Between the birth of the world and 2003, there were five exabytes of information created. We [now] create five exabytes every two days.” Moore's law about the geometric growth of the capability of digital processing has come about with unprecedented ...