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DIGITAL CAPITALISM

Photography Entrepreneurship 101 new concept:

The future will become DIGITAL.

Let me explain:

Less faith in fiat (faith) currency?

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For now, it seems the primary currency in the world is the USD. But as time goes on, and as the government continues to print money… will people lose faith in the US DOLLAR?

CAMERA MONEY USD by ANNETTE KIM

How will the future of consumerism look like?

Certainly we will continue to spend more time buying stuff on Amazon, online, etc. Not only that, but I think we will spend more money for:

  1. Live streaming: We are lonely, we want to feel the presence of other humans.
  2. Digital purchases: In game purchases (IGP) such as Fortnight skins, etc.
  3. Motivation and ideas: We will become more and more depressed as we are stuck at home all day. We will pay money gladly for anything which can motivate and inspire us.

What new industries will become born?

The future is digital. As a prediction of things to come:

Anything in embodied reality will lose flavor.

Which means:

Even after this pandemic ends, we will continue to ‘social distance’, and continue to spend more time at home.

Question everything.

selfie

Another thing:

With CAPITALISM 2.0 … we will re-challenge what we once believed in. We will MOVE AWAY from physical goods… and move more towards digital goods.

We already see this with the book industry. We prefer e-books and downloading e-books to our Kindles or iPads than to buy the book. We prefer to stream videos and shows, instead of going to the theater.

Even with sex– I think many of us would prefer to watch porn in the privacy in our own home than to go out and strive to actually ‘pick up’ someone. Or even worse– I think a lot of men in today’s world would prefer to jerk off to porn than to actually have sex with their partner in real life.

What should we do?

Simple:

Invest your time and thinking more towards digital goods, digital technologies, etc.

THRIVE ON!

ERIC


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