On the cusp of great change

Just as the late 1950s saw a shift in the western world’s society and economy, we’re now seeing a similar change.

Thought of the day. We’re in at point of change in social and consumer behaviour similar to that of the late 1950s.

Sixty years ago the drivers were; the first baby boomers entering their teenage years, the rise of television, an era of accessible and cheap energy, along with rising incomes from the post World War II reconstruction.

Today the drivers are; the baby boomers entering retirement, the rise of the internet, an era of abundant and easily accessible data, the rise of the internet along with stagnant living standards following the late 20th Century credit orgy.

Your thoughts on where this goes?

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Author: Paul Wallbank

Paul Wallbank is a speaker and writer charting how technology is changing society and business. Paul has four regular technology advice radio programs on ABC, a weekly column on the smartcompany.com.au website and has published seven books.

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