TechCrunch posted an article I agree with strongly, the quicker change happens the more the upstart has the chance to turn existing business and paradigms on the head. Although that is easily hamstrung by the politics in a nation. But TC does make some good points with examples from Kenya.
“May you live in interesting times,” says the alleged ancient Chinese curse. If only. Here in the First World we’re increasingly trapped in yesterday’s tedium. In the 21st century, it’s the rest of the world who will live on the bleeding edge of the future.
Read the rest here… This is easy to spot, just travel to Shanghai and Tawain and look at their trains and their infrastructure compared to American cities. The question over the next 10 years is how will we adjust in terms of speed, will the USA jump ahead on the next infrastructure bump or fall behind or somewhere in between? And how quickly will existing business models give up revenue they have now, its nearly impossible for a business with good revenue to give that up for a risk, not to mention stupid. I’ve faced this same problem and its a very hard decision, I ended up doing both, we will see how that works in 2012.