Tuesday, 13 May 2014

The disestablishment of wealth and its re-establishment globally

Two weeks ago I studied the materials in the 'Empowering the Customer' part of the course. I had heard about Crowdsourcing and online forms of anonymously outsourcing work and small tasks about a year ago during a lecture for a course on managing information technology that I was enrolled in at McGill University, roughly one year ago. I did not know or understand the full extent of the resources available online to creative people though, until reading, listening, and viewing the materials outlined in this section of this course.

We have moved from an era where corporations control business and economics to an era where businesses are run out of the home, by households, individuals, and groups, all connected online. Is there any point in working out of a physical office these days? I would have to say that there isn't. Not only are employees not needed to have a physical presence in an office anymore in order to make a living, but they are barely even required to work in an organization to generate an income these days. It used to be the case that if you wanted to do something, you had to join an organization that would give you access to the tools, as in physical resources and people, that would assist you in getting your job done. Nowadays, there is a multitude of tools available online to accomplish any type of creative task or work that needs to be done. Not only are the tools readily available online, but existing and emerging online communities are emanating from all corners of the internet. Never has there been a better time in history for individuals to gain access to outlets for their creativity. 

What will become of this? Potentially the downfall of huge, monopolistic organizations and the uprising of individuals and societies that were once thought of as inaccessible, destitute, and hopeless for the attainment economic success. We have already seen this phenomena occurring with the several success stories of start up businesses that have been abundant over the past 25 years or so, and with the insurgence of emerging markets in the world. These are all examples of opportunity and the reallocation of resources spreading around the world, which is how things should be. The internet has done much more for us than providing us with a tool to check our emails and to search for answers on Google. It has created a worldwide network, enabling us to spread the resources that we have more evenly around the globe by giving more people the opportunity to compete in this world. 

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