Past generations were introduced to TV in black and white, then endured the indignity of the color of the 1960s and '70s, then slowly eased themselves into the place we are now. For future TV watchers, everything is going to be one shade of perfect. A film made in 2020 is going to look exactly like a film made in 2090, in stark contrast to the difference between movies made in the 1920s to the 1990s. In other words, future generations are going to be nostalgic for entertainment that looks exactly like the entertainment they have in front of them.
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Technology Changes Faster Than Generations Do
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If you went to high school in the 1990s, you probably traded in a Walkman for a Discman at some point. Say either of those words to a kid starting high school in 2015 and they will probably call you something like "Old Man Crazy Talk" or whatever the kids say these days to crazy-talking old men.
Research shows that 75 percent of the companies on the Standard & Poor's 500, your go-to list of 500 big-ass companies trading on the stock exchange, will be replaced by the year 2027. The life expectancy of those companies used to be 75 years. Now it's barely 15 years. Technology is changing so rapidly, only the companies that are able to adapt survive. Smaller companies simply fall off or get acquired. Large companies need to roll with the times or risk obsolescence. For instance, Kodak, The New York Times, Palm (as in PalmPilot devices), and Compaq all used to be on the S&P 500, but now have been replaced by companies like Amazon, Google, and Netflix.
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Homemade nudes that once took hours to develop, Google can now deliver in microseconds.
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