The document discusses the effects of moving from an analogue to digital world across industry, individuals, and society. For industry, it led to job loss and growth in new areas due to technological changes. For individuals, factors like increased screen time, social media use, and lack of human interaction have negatively impacted children's development. In society, the rise of "fake news" and market manipulation through digital means has decreased governance and transparency. Overall, the transition to a digital economy and culture has created both opportunities and challenges across different levels of modern life.

1. Analogue to

2. Analogue to Digital

3. Analogue to Digital

4. Industry Individual Society

5. Industry:
•Diverse effects
•New skill set
•Job loss/growth.
•Ripple effects
•New market space.
•Where will the growth be?
•Where will it decline?
•What’s next?

6. Thank You for Being Late: An Optimist's
Guide to Thriving in the Age of
Accelerations – Thomas Friedman

7. Individual:
•Effects on adolescents
•3 key areas -
• Market manipulation.
• Abusive technologies.
• Lack of governance.
•The effects?
•Stop the effects?
•Start anew?

8. Society:
•Define
•Diverse effects
•“Fake news”???
•Examples
•Hypnotism?
•Today
•Stop it?

10. Questions:
•Consume/consumed?
•How and why?
•Necessary?
•Steps?
•New economic model?

11. 3 external forces to create “veal”?:
•Marketplace manipulation
•Abusive use of technologies
•Lack of governance

12. Marketplace manipulation:
•Housing “bubble”
•Predatory lending
•Quants & CDOs

13. Abusive use of technologies:
•Gaming systems
•Smartphones
•Social media

14. Lack of governance:
•Repeal of Glass-Steagall Act
•Net Neutrality
•“Too big to fail”

15. Sweet Spot

16. Veal – making process:
•Born
•Separated from herd
•Moved elsewhere to be raised
•Kept in a small space
•Stimulated just enough to create
desired end product
•Once ready, sold off in pieces and
individual prices

17. Veal-making process – “Born”:
Birth rates
• Baby Boom
• Smaller Boom
• Current birth rates

18. 1950 – 150,000,000 2010 – 320,000,000

20. 1950 - $10,000.00 2010 - $210,000 https://www.census.gov/hhes/www/housing/census/historic/values.html

21. Veal-making process – “Separated”:
Two income family - Why?
• Housing price jumps?
• Who benefited?
• What became necessary?

22. Supply and Demand?
Population Long Island, NY
1950 984,894 2015 2,862,937
Population up 3x

23. Supply and Demand?
Population Long Island, NY
1950 984,894 2015 2,862,937
Population up 3x
1950 = $7,500 2015 = $370,000
Housing Prices up 50x
By the beginning of the twenty-first century, houses
that originally cost $7,500 were selling for $370,000.
Kelly, Barbara M. Expanding the American Dream: Building and Rebuilding Levittown. Albany: State University of New
York Press, 1993.

25. Average Household Income
1950 = $8,000 2015 = $88,000
11x
Average House Price
1950 = $7,500 2015 = $370,000
50x
$ $

26. When word got out, during the 1630s, that tulip bulbs were being sold
for ever-increasing prices, more and more speculators piled in to the
market. The intricacies of this market, as well as its frailties, are
brilliantly outlined by the historian Mike Dash in Tulipomania: The Story
of the World’s Most Coveted Flower and the Extraordinary Passions It
Aroused (1999).
Market Will Bare: Tulip Bubble Mania

27. 1950 - $10,000.00 2010 - $210,000 https://www.census.gov/hhes/www/housing/census/historic/values.html

28. http://www.businessinsider.com/comparing-millennials-to-baby-boomers-2017-1

29. Veal-making process – “Separated”:
Two income family – Why?
•Second income needed
•Glass-Steagall repealed
•Predatory lending
•Quants & CD-Swaps
•“The Big Short”

30. Veal-making process – “Separated”:
Two income family – Why?
So, as a result of the Gramm-Leach-Bliley Act, a
commercial bank would be able to buy an insurance
company, or a commercial bank would be able to
buy an investment bank, etc.
The three co-sponsors of the Gramm-Leach-Bliley
Act were:
Sen. Phil Gramm - R
Rep. Jim Leach - R
Rep. Thomas J. Bliley, Jr. – R
In 1999, the Republicans held a majority in both the
Senate and the House of Representatives.
https://www.gpo.gov/fdsys/pkg/STATUTE-
113/pdf/STATUTE-113-Pg1338.pdf

31. Veal-making process – “Moved”:
Rise in day care
• Percentage?
• Statistics?
• Results?

34. Day Care Statistics
•1975 and 2002 - rose by 39%.
•In 2003 65% of mothers
•In 2002 34.9% of the total
children under the age of 5 had
non relative care
•22.7% were in organized care
faculties.

35. Veal-making process – “Moved”:
Rise in day care
• 39% increase?
• Quality time
• Rise in ADD, ADHD, ODD,
BiPolar, Autism, Asperger's, etc.

36. Veal-making process – “Small place”:
Caged versus Free-range veal
• Limited freedom
• Activities
• Fear

37. Veal-making process – “Stimulate”:
Technology replaces human care thru:
• Gaming
• Social Media
• Video
• Purchases

39. Veal-making process – “Stimulate”:
Increase in:
• “Flow”
• Cyber Bullying
• Obesity
• Addictions
• Depression
• Anxiety
• ADD, ADHD, ODD,
BiPolar, Autism, Asperger's, etc.

40. Veal-making process – “Sold off”:
New Economy
• Valuation?
• User base?
• Price per pound?

41. Digital Economy:
New economic leaders
http://www.cnbc.com/2016/04/18/tech-giants-must-validate-2-trillion-valuation.html

42. Digital Economy:
“The interface is the product” - Jef Raskin

44. Valuation/Users/140 lbs.= Price Per Lb.

45. Veal-making process – “Sold off”:
New Economy
• Loss of jobs
• Lower pay
• Lack of entry level jobs

46. Veal-making process – “Sold off”:
New Economy
•MACY’S, Sears closing 250 stores
•MACY’S laying off – 10,000 workers
•Amazon to Add 100,000 Jobs as Bricks-
and-Mortar Retail Crumbles –
https://www.nytimes.com/2017/01/12/business/economy/amazon-
jobs-retail.html?_r=1

47. Veal-making process – “Sold off”:
New Economy – Oil to Content
Amazon to Add 100,000 Jobs as Bricks-and-
Mortar Retail Crumbles
The contrast between the two scenes is an
example of what the economist Joseph
Schumpeter termed “creative destruction,” the
inevitable process in which new industries rise
and replace old ones.
https://www.nytimes.com/2017/01/12/business/economy/amazon-
jobs-retail.html?_r=1

48. Veal-making process:
How to stop it?
• Immerse
• Educate
• Prioritize
• Refute

49. Industry Individual Society
Trilogy: Lord of the (Onion) Rings

50. Industry • Individuals • Society:
•Diverse effects on all three levels and
groups of society at large.
•A study on how man’s need to
communicate has become the driving
force in this new economy.
•The ripple effects that the transition
from analogue to digital has had on this
new economy.

51. Other works
•“on enterFrame” – 2008
•“The Digital Incunabula” – 2015
•“veal” – 2016
•“Tower of Babble” – 2017
•“rock • paper • pixels” – 2018
Thank You for your head tilt time .