Hannah Morgan, Innovation Lab's agent in Silicon Valley, is blogging home from last week's Ten Year Forecast event at Institute For The Future (IFTF)
“Time is money”, is a phrase that is often expressed by company leaders, project managers and anyone who is trying to make money. However that is no longer true. Institute For The Future’s own Jane McGonigal argues that we will see a shift within the next ten years where our society will go from time management to time autonomy.
Time no longer equals money – time is worth more than money!
As the Western world spends more and more time at the office and in front of their ever-growing and already overflowing inbox, time is going to be a scarce resource.
Jane McGonigal explains how time affluence will have a big impact on our future lives. Every hour spent looking into the thin air is a missed opportunity which should actually end up being what she calls “minus time”.
An extreme example of “minus time” is people spending time incarcerated. Days, months and years are spent behind bars all around the world – the prisoners are hidden away from society and have a lot of “minus time” on their hands.Time And A Half is a project where former prisoners tell their stories to high school kids. They share their do’s and don’t’s and try to influence the youth not to go down the same path as they did. By doing this they try and make use of all of the wasted hours behind bars and encouraging others to do better with their time autonomy.
This spring Innovation Lab has two Lab Agents based in Silicon Valley - at institute For The Future and at Innovation Center Denmark, Palo Alto, to be more accurate. From there they will feed us with new tendencies and forecasts. Some of it will be used in our daily work, some will be dispatched to different corners of the Lab - and the best news will, of course, reach the blog. So stay tuned!
More blog posts from the Ten Year Forecast event at Institute For The Future:
1st of April 2011 - The future of communication
30th of March 2011 - The future of death
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