"We live in a bubble, and I don’t mean a tech bubble or a valuation bubble. I mean a bubble as in our own little world."
- Eric Schmidt | America’s New Oligarchs
On a normal weeknight, Netflix accounts for almost a third of all Internet traffic entering North American homes. That’s more than YouTube, Hulu, Amazon.com, HBO Go, iTunes, and BitTorrent combined.
"In a post-Internet, post-mobile world of one click access, the distribution of products has all but ceased to be the issue. When one of something can be efficiently shipped to anyone, anywhere, the question of where the sale takes place is rapidly becoming moot. In other words, in the long-term, sales of product simply can’t be the primary strategic purpose or metric for the store.
Some of the world’s largest retailers are struggling with this jarring reality already. ‘Stack it high and watch it fly’ has abruptly turned into ‘stack it low and hope it goes’ as big box stores scramble to lower inventories in the face of flat or declining sales. The knee-jerk reaction among some is to simply downsize and marginalize the role of the store. Others are adopting the buzzword of omni-channel – resigning to the idea that all channels now act as one – which I would argue risks oversimplifying what’s really happening.
You see, what’s actually evolving is a new and far more complex role for the store, and online brands like Google, Bonobos and Warby Parker are affirming it, as they each embark on creating their own, branded, physical stores. They along with a growing number of other online pure-plays recognize that in order to ‘fully actualize’ their brands, they need to animate a physical presence and visceral experience for their consumers, not to move products but more critically, to move hearts and minds – to sell the idea, essence and values of the brand – all of which has more traditionally been viewed as the role of media. And therein lies the critical point.
The physical store is becoming media."
- The Store Is Media And Media Is The Store (via Emergent Futures Tumblelog, futuristgerd)
25% of teens use cell phones to get online. Among adults it’s 15%. (Full graphic and report via pewinternet)
"On paper, literally everything about Google Fiber makes standard digital-cable service look like something that was cobbled together by members of a lesser phylum."
- Google Fiber Set to Challenge Data/TV Providers | Adweek
"The spread of computers and the Internet will put jobs in two categories. People who tell computers what to do, and people who are told by computers what to do."
- Marc Andreessen | How the internet is making us poor – Quartz
"What will it take to build emotive-and-empathic data experiences? Less data science and more data art — which, in other words, means that data wranglers have to develop correlations between data much like the human brain finds context. It is actually not about building the fanciest machine, but instead about the ability to ask the human questions. It is not about just being data informed, but being data aware and data intelligent."
- Om Malik | Coffee & Empathy: Why data without a soul is meaningless
"Cat owners are primarily confined to their homes. There’s no cat park. The Internet is the cat park."
- Scott Stulen, Internet Cat Video Festival (via Wired.com)
"1 in 4 teens are “cell-mostly” internet users, who say they mostly go online using their phone and not using some other device such as a desktop or laptop computer."
- (via Pew Internet: Teens and Technology 2013)
"Most Web pages can be connected in 19 clicks or less, thanks to search engines, large aggregators and social networking sites, according to a paper on network science by Hungarian physicist Albert-László Barabási. As the Smithsonian magazine reported, these sites act as hubs for the Web at large — or, as Smithsonian’s Joseph Stromberg puts it, the “Kevin Bacons” of the Web."
- Most Web pages can be connected in 19 clicks, study says