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	<title>seth gray &#187; Great Disruption</title>
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		<title>Collecting Experiences</title>
		<link>http://sethgray.com/2009/07/08/collecting-experiences/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=collecting-experiences</link>
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		<pubDate>Wed, 08 Jul 2009 10:46:00 +0000</pubDate>
		<dc:creator>seth</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Great Disruption]]></category>
		<category><![CDATA[not-so-big-house]]></category>
		<category><![CDATA[predictions]]></category>
		<category><![CDATA[small]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[VISA]]></category>

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There&#8217;s a cultural shift underway, and this &#8220;Great Disruption&#8221; is acting as a catalyst to speed the change. We work hard, we work long hours, and we earn ridiculous amounts of money. &#8220;We have generally taken the proceeds of our productivity in&#8211;you guessed it&#8211;increased consumption.&#8221; Big house. Big car. Big TV. But as our nest eggs get scrambled, we&#8217;re realizing that Stuff doesn&#8217;t matter as much as we thought it did. It&#8217;s people (and experiences) that matter: our friends and family that fill our big empty houses. But why? Why are we collectively realizing that now? What if we&#8217;ve gotten so fast, so connected, so frenetic, that we&#8217;re burning out? We&#8217;ve been on a crusade to cram more and more activities into a finite amount of time. And in the tug-o-war between us and time, we lose. Unless someone does for time what the Manhattan project did for e=MC2. Anyway, we&#8217;re always out of time. Never enough. So what effect does a perpetual time famine have on a society, and what does that mean for business? (Warning, this is about to get thick &#38; crunchy) According to this study, we either view our time as limited or expansive. If we [...]]]></description>
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<p>There&#8217;s a cultural shift underway, and this &#8220;<a title="Thomas L. Friedman: The Great Disruption" href="http://www.nytimes.com/2009/03/08/opinion/08iht-edfriedman.1.20672274.html" target="_blank">Great Disruption</a>&#8221; is acting as a catalyst to speed the change.</p>
<p>We work hard, we work long hours, and we earn ridiculous amounts of money. &#8220;<a title="Good stuff" href="http://discussionleader.hbsp.com/davenport/2008/10/we_need_to_renovate_the_old_ec.html" target="_blank">We have generally taken the proceeds of our productivity in&#8211;you guessed it&#8211;increased consumption</a>.&#8221; Big house. Big car. Big TV. But as our nest eggs get scrambled, we&#8217;re realizing that Stuff doesn&#8217;t matter as much as we thought it did. It&#8217;s people (and experiences) that matter: our <a title="Me on Facebook" href="http://facebook.com/sethgray" target="_blank">friends</a> and family that fill our big empty houses. But why? Why are we collectively realizing that now?</p>
<p>What if we&#8217;ve gotten so <a title="ReadWriteWeb: 35 Ways to Stream Your Life" href="http://www.readwriteweb.com/archives/35_lifestreamin_apps.php" target="_blank">fast, so connected, so frenetic</a>, that we&#8217;re burning out? We&#8217;ve been on a crusade to cram more and more activities into a finite amount of time. And in the tug-o-war between us and time, we lose. Unless someone does for time what the Manhattan project did for e=MC2. Anyway, we&#8217;re always out of time. Never enough.</p>
<p>So what effect does a perpetual time famine have on a society, and what does that mean for business? (Warning, this is about to get thick &amp; crunchy) According to <a title="Responsiveness to Emotional Appeals in Advertising" href="http://marketing.wharton.upenn.edu/ideas/pdf/Williams/Williams_and_Drolet_2005.pdf" target="_blank">this</a> study, we either view our time as limited or expansive. If we perceive time as limited, we tend to focus on the present&#8211; more specifically, we tend to avoid negative emotional experiences and use more <a title="Schema (psychology)" href="http://en.wikipedia.org/wiki/Schema_(psychology)" target="_blank">schema</a>-based decision making. Combine the present-focus with the natural tendency to protect (and desire to be protected during a crisis), and <a title="sorry, my daughter LOVES this" href="http://www.youtube.com/watch?v=BAJr1ixBdIc" target="_blank">bibbidy-bobbidy-boo</a>, we move away from &#8220;bettering&#8221; ourselves and collecting things.</p>
<p>We start to &#8220;simplify.&#8221; We start to focus on positive emotional experiences. We start to ask for quality over quantity. Great example in advertising: this <a title="VISA ad on YouTube" href="http://www.youtube.com/watch?v=oMsveqwyUgE" target="_blank">VISA commercial</a> asks the question &#8220;when was the last time you went to the aquarium with your daughter&#8230; on a Tuesday?&#8221;</p>
<p>If this <strong>is</strong> happening, it&#8217;s not enough to make the coolest gadget, or the nicest house, or the invisible hover car that grooms your dog while you eat pizza&#8230; although that last one <strong>would</strong> make for an interesting experience.</p>
<p>What do you think? Anyone have examples and/or counter-examples?</p>
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