Emergent Futures Tumblelog

This is the Tumblelog of Paul Higgins and Sandy Teagle - Futurists from Melbourne and Brisbane in Australia. Go to Emergent Futures to see more or follow on Twitter at FuturistPaul . If you right click on the pictures, titles or links in these posts you will be able to go to the original story on the web. If you click on comments for each post you can either read what others have said or add your own comment via Disqus. If you click on the date of a post it will take you to a single post view where you can copy the web link if you want to send it to someone else. If you click on the tags it will take you to other stories from Emergent Futures with the same tag.

kickstarter:

scottrogers:

I’d never seen this before on Kickstarter, but here’s a handy way of looking at how the projects you back break across categories. I’ve backed 16 projects in two years.


Yes! But might we suggest Passage New Orleans for Art? Or perhaps the very cool After the Ice? And there’s still a few hours left to back rad Comics project The Beast of Wolfe’s Bay! (We could go on…)

Posted at 8:21am and tagged with: tech, technology, economic, crowdfunding,.

kickstarter:

scottrogers:

I’d never seen this before on Kickstarter, but here’s a handy way of looking at how the projects you back break across categories. I’ve backed 16 projects in two years.

 Yes! But might we suggest Passage New Orleans for Art? Or perhaps the very cool After the Ice? And there’s still a few hours left to back rad Comics project The Beast of Wolfe’s Bay! (We could go on…)

Car Glut Debilitates Chinese Car Industry. Now Wait Until You Get To Detroit

Two days ago, Bloomberg brought harrowing news:

“Chinese dealers are struggling with the rising number of unsold cars that’s threatening to deepen price cuts. Dealerships for Honda Motor Co., Chery Automobile Co., BYD Co. and Geely carried more than 45 days of inventory as of the end of April, exceeding the threshold that foreshadows debilitating price cuts.”

Automotive News made the matter the opener of its Friday video newscast. Apparently, the sky is soon to fall in China. The situation is even more dramatic elsewhere.

Full Story: The Truth About Cars

Posted at 7:33am and tagged with: China, USA, transport, economic, risk,.

Car Glut Debilitates Chinese Car Industry. Now Wait Until You Get To Detroit


Two days ago, Bloomberg brought harrowing news:

“Chinese dealers are struggling with the rising number of unsold cars that’s threatening to deepen price cuts. Dealerships for Honda Motor Co., Chery Automobile Co., BYD Co. and Geely carried more than 45 days of inventory as of the end of April, exceeding the threshold that foreshadows debilitating price cuts.”

Automotive News made the matter the opener of its Friday video newscast. Apparently, the sky is soon to fall in China. The situation is even more dramatic elsewhere.

Full Story: The Truth About Cars
Dave Winer on the Bubble (via Om Malik)

Posted at 4:34am and tagged with: tech, technology, startups, economic,.

This is what bubbles do to us. Even if you’re not going to hit the jackpot, all that money floating around still makes it hard to focus on things that take time. Rush. It’s a game of musical chairs. The music will stop and you won’t have a place to sit. It’s all the more dangerous today because the employment situation, outside the bubble, is bleak. I think for most of us, the Facebook IPO is a transition, maybe to something better. A peak. It sure isn’t making us rich. And it’s not giving us much to hope either.

courtenaybird:

Last year, Facebook’s non-advertising revenue — the bulk of which comes from virtual payments using Credits (an estimated 12% of which came from game developer Zynga) — was $557 million, or about 15% of the total, according to the company’s S-1 securities filing. That was more than four times what the company pulled in from payments in 2010. And since that figure represents Facebook’s 30% take of the total, that means users spent close to $2 billion in Credits last year.

In short: less than 2% of users generated $500 million in revenue.

Posted at 10:11am and tagged with: gaming, technology, tech, economic, business models,.

Posted at 9:02pm and tagged with: crowdfunding, tech, social media, economic, technology,.

Q: What advantage did going on Kickstarter give you?

A: Kickstarter is really cool because basically you can chat with the community, talk directly to the customer and find out what they want, what they are thinking, and impress them.

Facebook makes about 1/10th of Google’s revenues even though they have 2x the pageviews. Some estimates put Google’s search revenues per pageviews at 100-200x Facebook’s.

…The bad news is that, if there is one consistent theme in both online and offline advertising, it’s that ads work dramatically better when consumers have purchasing intent. Google makes the vast majority of their revenues when people search for something to buy or hire. They don’t have to stoke demand – they simply harvest it. When people use Facebook, they are generally socializing with friends. You can put billboards all over a park, and maybe sometimes you’ll happen to convert people from non-purchasing to purchasing intents. But you end up with a cluttered park, and not very effective advertising.

(via Chris Dixon)

Posted at 7:14pm and tagged with: economic, tech, technology, business models, social media, advertising,.

Valued at $104.2 billion after setting its share price at $38 just yesterday, Facebook is currently worth:
- almost the same as Hewlett-Packard, Yahoo, Nokia, AOL, Adobe, Groupon and Research In Motion, combined (sum of market caps: $104.57 billion)
- a Netflix more than Amazon.com (market caps: $4 billion and $98,38 billion, respectively)

robertreich:

Members of the Class of 2012,

As a former secretary of labor and current professor, I feel I owe it to you to tell you the truth about the pieces of parchment you’re picking up today.

You’re f*cked.

Well, not exactly. But you won’t have it easy.

First, you’re going to have a hell of a hard…

Posted at 11:16am and tagged with: politics, economic, education,.