Charles Knight speaks to CrimsonHacks participants at the University of Alabama for their first ever hackathon about our role as technologists and the importance of empathy and cross-discipline learning.
14. 1. Product Lifecycles have decreased from 15 to <
5 years over the last 50 years!
2. Job tenure has decreased from 15 to less than 3
years on average in the last 50 years!
3. Half of the companies from the Fortune 500 are
gone since the year 2000
4. 75% of S&P500 is forecasted to change by 2027
5. Average company lifespan has decreased from
60 years to 30 years since 1970
6. Over half of all profit and revenue are coming
from NEW products and services over the last 5
years