07 August 2009

Abundance, Waste, and Innovation

While catching up on a bit of reading, plowing through some WIRED stuff, I came across an interesting article by Chris Anderson on abundance, waste, and the sense of scarcity. What I took from the artcle is that great abundance leads to innovative waste. Later the same day I was on a flight and read a different piece in the United Hemispheres magazine on art, houses, and strange happenings in Detroit. Homes are cheap in Detroit, and folks are snapping up the cheapest and doing strange, provocative things with them.

I like the idea of flux, of times when things are mid-transmogrification, of the moments of opportunity when long-held assumptions crash on the rocks of imagination. It seems to me the idea of abundance spurring "innovative waste" and what's happening with cheap real estate in Detroit are intertwined ideas, and I'm anxious to see what comes of the artistic efforts taking shape in the Motor City.

In addition, I started wondering about different businesses, how "waste" could be fruitful in thinking of them. What benefit might arise from brainstorming along this vein of thought for a stagnated and mature industry? What will happen with all the excess manufacturing capacity in the car industry, for example? What could be done with newsprint and ink now that readership is down for newspapers? Where might all this lead?

Any relevance for your business? Any thoughts on the topic? Please share!

Oh, and back to WIRED's Mr. Anderson... I've started reading his new book FREE and will be commenting on it in future posts. Keep an eye out for them.

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