The past twenty years have seen the greatest expansion of information in the history of humanity. We now create more information in two days than we did from the dawn of civilization. Two-thirds of humanity are now connected to the internet. There are more cell phones than people on the planet. Computing power doubles every 18 months. The cost of communication continues to fall.
We live in revolutionary times.
Institutions are under stress as digital natives — those born into a 24×7 online world — flex their political muscles. Empowerment in the wired world is not constrained by borders or convention. Street protests in Brazil and the regional narco-economy share commonalities. They are made possible by friction free communication that enables coordination without hierarchy and lowers the barriers of entry into the global marketplace.