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There have been many cultural changes so far in 2008.  Some of these changes are in response to the rapid increase in the price of oil and other commodities.  Some of these changes have been due to technological innovations.  In both cases new behavior patterns are being established that will, to some degree become permanent and will create new dynamics in certain industries.  Today we take a look at some of the predictions made here last January.

Shopping

The predicted shopping trends predicted were written with a long term view.  What is interesting is that the high price of gasoline has accelerated …

[Note to readers:  this column was written a number of weeks ago, but was in holding as I wrote columns about some more immediate travel related subjects.  With the turmoil in Tibet this past week, it is clearly a topic in the news.  I have updated the prior column to include the recent upheavals.] 

When countries or cities submit bids for hosting the Olympics it is usually done with a great sense of pride and boosterism.  The governments and economic vested interests all look to hosting the Olympics as a way to showcase their “world class city”.  In the case of …

It Now Starts with the Kindle

Amazon’s introduction of the Kindle electronic book reader feels momentous. It is the first time that the long anticipated, much debated future of the ‘ebook’ feels ready to begin in a meaningful way.

During the past ten years there has been great debate about the ebook.  Generally speaking there have been three points of view on the subject.  The first one comes from the true believers that the ebook is inevitable and that it would ultimately gain a noticeable and then sizable market share of publishing.  The second viewpoint is that while there would be a market for the ebook it …

There is no question in my mind but that oil will rise to at least $100 a barrel within the next year. It is easy to see a scenario of $125 a barrel price in the same time frame. The triple digit price of oil will become the norm. Recently it has been trading in the $80-90 range, and as it approached the upper end of that range the media began again covering the story with “sky is falling” concern about what this might mean for the economy. This reminded me of the comment that James Schlesinger, the first U.S. …