Tag: political

  • Institutional Realignment

    As I was returning from the Bali vacation, I thought about how we had planned our vacation without the help of a big travel operator. Something that would have been infinitely more difficult, if not impossible a decade back. It’s still early in this decade, but when I begin to think about what it will be known for, the recurring theme that runs in my head is institutional realignment. It’s not really the most original thought I’ve had, and I’ve been influenced by several, most notably Umair Haque. He calls it institutional collapse, and the only couple of reasons I have played semantics are one, that while I don’t see a seamless change, I do think that different parts of society – across geography, industry, demographics will shift at different points in time and the change might be distributed across time and space to prevent a complete collapse so that we fail to see that the institutions are completely different from the earlier era, and two, a sense of optimism. 🙂

    To me, these institutions are across all facets of our current existence – political, societal, economical, professional, cultural, health and so on. From an era where most individuals required ‘props’ for a sense of identity, we are moving to an infinitely more connected era where people are using the web to create their own unique identities.

    The fall of several regimes, the increasing push for better governance and transparency etc are probably advance warnings that the concept of a nation state is up for an overhaul. Think about it, what really does being ‘Indian’ signify? Is it a common identity? Do you need it any more?

    Societal norms on the concept of family and relationships have been shifting for quite a while now. Marriage, parenting, do they mean the same thing as they did until a few years back? Do you even remember an era without marriage portals? As people create their own spaces, nothing is sacrosanct and almost everything is becoming acceptable.

    Businesses and corporations. Industries like music and news media have already seen the disruptive powers of the internet. I have already mentioned how travel has completely changed. More industries will follow. Around me, I see more and more people refusing to be tied down to organisations and wanting to do their ‘own thing’. It’s the thrill, the freedom, the sense of purpose and many other reasons. The rigid structure of organisations will probably give way to project based aggregations of individuals. What does that do to economies?

    One level before that – education. Two words – Khan Academy. Though variations and different versions of it exist, it’s probably the best indicator of what the current structures will give way to – with a better focus on interest, building useful skill sets and the freedom and processes for the student to identify his calling early on in life. Somewhere during this, I hope to see medicine getting an ‘open API’ 🙂

    On culture, Vanessa Miemis gives us a great read, more so because it goes beyond culture per se.

    I see the not-so-hidden hand of the web in all of this. From its elimination of the middle man to its way of bringing out more and more information, it has changed the way we view ourselves, and the operational environment around us. I’m not saying that everything will have changed by 2020, but the seeds will be well and truly sown. Now that I am imagining, my biggest hope is that the current currency of our lives – money, will have a better successor, one that will be better connected with our unique identities, and weave in contexts better. (Nike has a great idea of what I mean 🙂 )

    Job (not the same as work), nationality, education – all indispensable parts of a human identity thus far. Will they be relics in the future as we create new paradigms? When do you think this will all settle, if it ever does?

    until next time, bend of an era

    PS: Bill Gates has aptly said, “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.

  • In the beginning…

    Over on the other blog, I had discussed one of my favourite 2012 trend decks – by Ross Dawson. Within that, my favourite trend was #4 – Institutions in question, in which he talks of political situations (Arab unrest), and the change in status of financial institutions leading to movements like Occupy Wall Street. The last slide is titled “Transformation not apocalypse”, in which he mentions the significance of 2012 for several reasons – from the Mayan calendar’s end of the word prophecy to it being hailed as the year of the Singularity – a subject that keeps popping up on this blog. 🙂

    I, for one, believe that we’re in for a transformation. But it’s not just the political, economic or even technological changes happening around us, I think we’re fundamentally going to change as individuals and how we relate to others – society. So it’s not just the economic and political institutions that will be transformed, but even social institutions – marriage, family, parenthood, friendship and so on.

    As the average human life span increases thanks to medical advances, the ‘rational’ reasons underpinning these social institutions will be under scrutiny. I have a feeling that technology will soon allow us to find surrogates for each of these, one way or the other. It isn’t as though the institutions themselves will disappear, but their importance and the solidity they had thus far enjoyed would diminish. What exactly the changes would be is something I’m still trying to imagine, but the effect of social networks on relationships is probably the beginning of this transformation, and we are likely to be known as the generation under whose watch it all began.

    until next time, a happy 2012 to you 🙂