Five years ago was the beginning of 2007. George Bush was President, Arnold Schwarzenegger was governor of California, Barack Obama wasn’t very well known, and Saddam Hussein had just been executed in Iraq.

Five years ago the Dow Jones was on a tear, on track to break 14,000, and some of the big names on Wall Street were Bear Stearns, Lehman Brothers, WaMu, and Wachovia, names that no longer exist.

Some of the hottest job markets were in Florida, Arizona, and Las Vegas, areas that were about to see a mass exodus from jobs evaporating in thin air.

The iPhone had just been introduced, MySpace was the top social networking site, and the world still hadn’t heard of the Amazon Kindle, iTunesU, mobile apps, iPad, Hulu, and Twitter.

But 2007 was also the year that today’s college graduates decided on which college to attend and what their major would be. This is the stark reality of the 5-year educational pipeline created by today’s existing college and university system. Today’s colleges take far too long and are far too expensive. Here’s why.

Read the rest of this entry »

What music comes to mind when you try on your new pair of jeans? Does that “music in your head” somehow change when you try on a different brand?

The next time you try on a piece of jewelry, pay very close attention to the emotional experiences that run through your mind as you touch and feel the jewelry.

Even though clothing and jewelry are inanimate objects, they are closely tied to an emotional response, and brand managers today are working overtime to figure out ways to both cultivate and amplify that emotional connection.

One fascinating example of this is Gomus, a Brazil-based music branding company that embeds RFID tags in clothing. When a customer tries on a piece of clothing in the changing room, music will automatically come on that matches the feel or mood of the clothing.

This is just one example of how retail stores of the future are attempting to differentiate themselves from the online world. Here are 18 more examples of how future retail is on the verge of becoming an exciting new frontier for both product designers and consumers alike.

Read the rest of this entry »

Photo of me demonstrating an unusual thermoelectric generator
with NY Times Correspondent Matthew Wald.

On Wednesday I was invited to speak on a panel at the 2012 National Electricity Forum, an event sponsored by the U.S. Department of Energy, in Washington DC.

In the audience were a thousand power industry executives, regulators, and key industry service providers.

The event was kicked off by U.S. Secretary of Energy Steven Chu, a Nobel Prize winning physicist and former director of the Lawrence Berkeley National Laboratory. Our panel took the stage immediately afterward.

Other panelists included Marina Gorbis, Executive Director of the Institute for the Future, John Petersen, President of the Arlington Institute, and our Moderator Matthew Wald, Senior Washington Bureau Correspondent for the NY Times.

As the kickoff speaker on the panel, my message to them noted that the power industry is an industry that is under attack. An attack not being carried out by terrorists or invading armies, rather it is being attacked by emerging new technologies that have been advancing quickly and are currently beginning to boil around the edges.

My advice was that they begin to make transition plans for dismantling the industry, plans that will include dismantling our national grid and replace it with a series of micro grids. But it included much more than that.

Read the rest of this entry »

A picture of me speaking at yesterday’s TEDxReset in Istanbul.

Yesterday I was honored to be one of the featured speakers at the TEDxReset Conference in Istanbul, Turkey where I predicted that over 2 billion jobs will disappear by 2030. Since my 18-minute talk was about the rapidly shifting nature of colleges and higher education, I didn’t have time to explain how and why so many jobs would be going away. Because of all of the questions I received afterwards, I will do that here.

If you haven’t been to a TEDx event, it is hard to confer the life-changing nature of something like this. Ali Ustundag and his team pulled off a wonderful event.

The day was filled with an energizing mix of musicians, inspiration, and big thinkers. During the breaks, audience members were eager to hear more and peppered the speakers with countless questions. They were also extremely eager to hear more about the future.

When I brought up the idea of 2 billion jobs disappearing (roughly 50% of all the jobs on the planet) it wasn’t intended as a doom and gloom outlook. Rather, it was intended as a wakeup call, letting the world know how quickly things are about to change, and letting academia know that much of the battle ahead will be taking place at their doorstep.

Here is a brief overview of five industries – where the jobs will be going away and the jobs that will likely replace at least some of them – over the coming decades.

Read the rest of this entry »