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How to Spot the Future

How to Spot the Future

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7. Spend time with time wasters.

The classic business plan imposes efficiency on an inefficient market. Where there is waste, there is opportunity. Dispatch the engineers, route around the problem, and boom—opportunity seized.

That’s a great way to make money, but it’s not necessarily a way to find the future. A better signal, perhaps, is to look at where people—individuals—are being consciously, deliberately, enthusiastically inefficient. In other words, where are they spending their precious time doing something that they don’t have to do? Where are they fiddling with tools, coining new lingo, swapping new techniques? That’s where culture is created. The classic example, of course, is the Homebrew Computer Club—the group of Silicon Valley hobbyists who traded circuits and advice in the 1970s, long before the actual utility of personal computers was evident. Out of this hacker collective grew the first portable PC and, most famously, Apple itself.

This same phenomenon—people playing—has spurred various industries, from videogames (thank you, game modders) to the social web (thank you, oversharers). Today, inspired dissipation is everywhere. The maker movement is merging bits with atoms, combining new tools (3-D printing) with old ones (soldering irons). The DIY bio crowd is using off-the-shelf techniques and bargain-basement lab equipment, along with a dose of PhD know-how, to put biology into garage lab experiments. And the Quantified Self movement is no longer just Bay Area self-tracking geeks. It has exploded into a worldwide phenomenon, as millions of people turn their daily lives into measurable experiments.

The phenomenon of hackathons, meanwhile, converts free time into a development platform. Hackathons harness the natural enthusiasm of code junkies, aim it at a target, and create a partylike competition atmosphere to make innovation fun. (And increasingly hackathons are drawing folks other than coders.) No doubt there will be more such eruptions of excitement, as the tools become easier, cheaper, and more available.

These rules don’t create the future, and they don’t guarantee success for those who use them. But they do give us a glimpse around the corner, a way to recognize that in this idea or that person, there might be something big.

Read full article via wired.com

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