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Gerd Leonhard Mediafuturist.com Twitter: @gleonhard Friction is Fiction The Future of Media, Content & Business

Friction is Fiction: The Future of Business & Media (Next10)

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This is the public version of my presentation at Next10 in Berlin, May 11, 2010, on the topic of "Friction is Fiction - the future of media, business and communications" see www.frictionisfiction.com for more details and the Lulu bookstore with the book with the same title. http://gerd.fm/bon5Kb has more details

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Page 1: Friction is Fiction: The Future of Business & Media (Next10)

Gerd LeonhardMediafuturist.com • Twitter: @gleonhard

Friction is Fiction

The Future of Media, Content & Business

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Now

Foresight & Imagination is crucial

Back then...

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In the un-connected, Pre-Internet world we made

lots of money using Friction,

Domination +

Control

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Control was Money

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Because Scarcity created Friction which enforced Attention and ensured Payment

like...?

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Connectivity + Mobile + Social kills the idea of using Friction to

ensure or enforce Payment.

Youtube.com/user/ScholzundFriends

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Note: Connectivity kills the idea of ‘Forcing’ - not the idea of ‘Paying’

Source: Flickr.com/herby_fr

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Image via flickr.com/dunechaser

Source: ABC / Youtube

The weapons are coming out

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Would you vote for anyone that proposes this?

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Forcing to buy is like... forcing to

love

In this world...

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Right now: Transition Trauma *hat tip to Alan Moore

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As a Business Principle, Friction is dead

Too expensive to dominate

Too many moving parts

Too much transparency

Too many people talking

Too much disruption by new players

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Now, it’s about Liquidity. Lubrication

Too expensive to dominate

Too many moving parts

Too much transparency

Too many people talking

Too much disruption by new players

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Empowered and Engaged Users - lubricating the ecosystem

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Not Friction but Liquidity

Trust is the new Control

Attention is the new Currency

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We need to make it work with Ubiquity

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The Future: few walled Gardens more Jungles.

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We need to hurry up with next-generation Advertising

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Source:Hugh Mc Leod

We must With-vertise not @vertise

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We need to switch to natively-connected Business Models

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...which means to unlock value to receive value...

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We need to give up Control to gain Trust ...and to

possibly be ‘In Command’

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Think ‘cars’ not faster horses

Think engagement not enforcement

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Lubricate the

Digital Economy

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email me at [email protected]

twitter.com/gleonhardfacebook: gleonhard

Thanks for your attention!