Ideabuds

The place for those little seedlings in your mind that are destined to be giants

October 1st, 2009

To make the math easier without decimals…

If you had a choice between taking $10,000,000 a day for this entire month or accepting $1 today and having the dollar double every day for the remainder of the month, which would you select?

Well, 10,000,000 * 30 days = $300,000,000

11 doublings = 1024
21 doublings = 1,048,576
26 doublings = 33,554,432
30 doublings = 536,870,912

Hard to believe?

Now imagine 40 days
2^40 = 1,099,511,627,776 which is 1 Trillion.

Now consider information processing power.  In 1965, Gordon Moore of Intel predicted it would double every year, then revised that estimate to every two years (Moore’s Law).  It has been doubling every 18 months or so for the last 44 years.  Computer processing power has had 26 doublings, which means we are right at that point when we start to realize how fast we are about to go. We are at the part of the curve where its about to go straight vertical. It took us 44 years to get to this point, but in just another 18 months we’ll add as much as we did in the last 44 years combined!

Who cares about computers, what does this all mean?

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September 26th, 2009

This means our internet penetration is only 25% of the total population of the countries shown! The internet will thus quadruple in size, and this discounts any population growth. The implications for domain values as well as the collective world intelligence are enormous.

Size of untapped market by country:
USA – 75m
BRA – 140m
UK – 16m
FRA – 20m
GER – 27m
RUS – 102m
IN – 1157m
CHI – 1354m
JAP – 31m
KOR – 12m
AUS – 4m

Which is roughly 3 Billion future internet users, compared to the 1 Billion current users, just in those countries.

Posted via web from RJ’s Brain

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September 24th, 2009

Here is a short video explaining what the difference is between web 1.0, web 2.0, and web 3.0

Posted via web from RJ’s Brain

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