Date of publication: February 27, 2000

"Last one in is a rotten egg"

Following is a reverie I jotted down after hearing Geoffrey Moore address The Masters Forum in Minneapolis February 8th. Moore is a business strategist with special insight into the commercial dynamics of Silicon Valley. Moore doesn't seem to think the compression of time is such a bad thing; I do.

Time is replacing money. It is becoming the true currency of our realm.

Our clock has been wound by people like Bill Gates and Jeff Bezos (Amazon.com), who found ways to speed life up. Life, which we used to imagine as a longterm trek across time, increasingly resembles a mad dash to be first. Faster defines better.

Paul of Tarsus, at the onset of the first millennium, wrote that "The race is not to the swift." It wasn't, then.

In modern times the family economy has been based on exchanging time for money. In exchange for X dollars of pay, we worked 40 hours per week. We called it a job.

But then something happened. Technology - microprocessors, packet switchers, broadband lines -- caused time to speed up. A transoceanic trip that a century ago took four weeks takes four hours today. Bits traverse the same distance in a fourth of a second.

Today, instead of trading hours for dollars, many of us would trade any number of dollars for even a few hours. A company hoping to obtain a competitive edge would sell its birthright for a month's lead time.

Cycles used to include generous amounts of "white time" - time when nothing happened and no one minded that nothing happened. There would be white time during handoffs, during transportation, while things were in the mail, or while people "thought it over."

We never appreciated white time, because there seemed to be so much of it. We usually described it in pejorative terms - delay, doldrum, drag.

But those cycles have compressed, like radio ads that have had the silence between words plucked out: Do-it-today!

In a bit-driven world, white time has been whited out. When all the white has been whited out, we will live in a simultaneous world, and technology and time will fuse into a single, seamless, instantaneous moment .

What's it mean? It means something unprecedented, says Geoffrey Moore: the transfer of the core tasks of humanity from people who find value in white time to people with the skills and reflexes for simultaneity.

People who believe there is value in linear time, mainly older people, will lose power. Young people, and people who consume a lot of coffee, will assume power.

Even in the cave era, where might made right, elders interposed their wisdom begotten of reflection. Delay, doldrum, and drag had salutary effects on processes; they allowed for the formation and the institutionalization of wisdom.

But in Moore's economy, the young are the core entrepreneurs, gobbling up market share while excising the white time from our lives. The coin of the realm at dotcom places like Amazon and Yahoo is not quarterly revenue, but market share - generally, a measure of who was quickest to the new market.

In this market, old-timers (people over, oh, 32), despite whatever wisdom they have accumulated, will be relegated the caretaking tasks, attending to nonessentials. Doing the laundry, straightening the pictures, balancing the ledgers.

It's a world stood on its head by technology, more savage in its disavowal of white time and wisdom than the cave era, which was pretty darn savage.

Kierkegaard said life must be lived forward but it can only be understood backward. Life in the moment requires consciousness of life beyond the moment -- reflection, a sense of personal history.

Perhaps there will be a great rebalancing up ahead, when the pendulum swings back toward reflection, and graybeards - and whatever the female equivalent of graybeards is -- will have laurels strewn before them instead of Grecian Formula.

Because we need time to think, don't we? Don't we need time to do anything of quality?

Perhaps not.

So here's other question: When life accelerates to the speed of light, and the last speck of white time is gone, and the world is too fast to see, too quick to comprehend, how will we know how to live it?

 

mfinley.com

COPYRIGHT (c) 2000
by MICHAEL FINLEY

Stimulate the economy, give a poet a dollar.

I enjoyed serving this essay up for you, and I did it for free. But this writer is currently out of work, and a bit of revenue would gladden his heart. If you'd like to contribute to this site, consider dropping a $1 tip in the "Honor Box" here. Just click the CLICK TO PAY image here. Thanks - Mike
Amazon Honor System Click Here to Pay Learn More
Make payments with PayPal - it's fast, free and secure!
Get your signed copy of
The NEW Why Teams Don't Work
by Mike & Harvey Robbins
from Berrett-Koehler Publishers
Just click on the book cover!
A fully revised second edition of this award-winning classic
by Harvey Robbins and Michael Finley
Paperback

Winner, Financial Times/Booz Allen & Hamilton Global Business Book Award, Best Management Book - The Americas, 1995


Table of contents and sample chapters of this book...


Just click on the book cover to order your signed copy for only $12.95.
Make payments with PayPal - it's fast, free and secure!
Table of contents and sample chapters of this book...
Why Change Doesn't Work:
Why Initiatives Go Wrong and How to Try Again and Succeed
Harvey Robbins, Michael Finley
Hardcover
Just click on the book cover to order your signed copy for only $12.95.
Make payments with PayPal - it's fast, free and secure!
"This is the first treatise on change we've seen that is actually entertaining. The authors cover human and organizational barriers to change and change theories, and then take a tour of management theory that's guaranteed to upset every reader at one point or another." -- HR ONLINE

Table of contents and sample chapters of this book...

Why not bookmark Mike's columns for your weekly enjoyment?

Comments on this column:

John Griffin column on time .. . it references Mike's column!

Dear MF, I thought you might be interested in this column which ran Sunday in the Honolulu Advertiser where I used to be editorial page editor -- JohnG

Whether we realize it or not, time has become a major issue in all our lives.

So I smiled, albeit sadly, reading an Advertiser story last Monday. It began:

“In the last 20 years, working time has increased 15 percent by some estimates and leisure time has decreased 33 percent.”

It’s not that I disagreed with the story’s call for better time management (although that’s only part of the problem). I have friends and family who fit that hectic profile.

No, I was smiling at how wrong I was in the 1970s and beyond writing editorials saying how society must prepare for cuts in the workweek to 30 hours or less.

(Former Advertiser editor Buck Buchwach used to joke back then that he was all for a 30-hour work week – if we could get the staff to work that much.)

Nor was I alone in my view. Big thinkers all over predicted shorter workweeks. As late as 1995 economist-activist Jeremy Rifkin wrote a book titled, “The End of Work,” which I cited in a column on the civic society (as opposed to just business and government). He said the new technology would mean fewer jobs, and that society must adjust with measures like higher status for volunteerism and shorter workweeks.

Look what happened: Americans with higher-paying jobs are working longer hours, super-long in high-tech areas like Silicon Valley. Poorer Americans often take several jobs to make ends meet. In Hawaii, our long 1990s recession added to such pressures.

Instead of cutting the number of jobs, the new technology has rearranged many and helped add more in a burst of national prosperity. We have grown the national economic pie, even if many people get pieces that are too small.

But what intrigues me most is not so much the new economics as the changing concept of shrinking time.

Most people think of time as a constant, 60 minutes in an hour, 24 hours in a day, etc. You can read it on the clock and the calendar. But we have also felt the pressures of not enough time or the boredom of time on your hands. So it’s well to think of different clocks.

Back in 1987, the prolific Rifkin seemed more right in a book titled “Time Wars: The Primary Conflict in Human History.” Its point was that the biological and physical rhythms of the natural world were speeded up, first by industrial age timetables and now even more so by the information and computer era. The result is a form of social jet lag or rat race that at the least needs more consideration.

Many of us have long cited the adage that “Time is Money.” Some also reversed that to “Money is Time,” a view I embrace in retirement.

Now some are saying that time is replacing money as the true currency of our millennium realm.

A free-lance futurist named Michael Finley writes about this in a web column this month, suggesting we are in a hyper age where faster defines better.

“Technology – microprocessors, packet switches, broadband lines – caused time to speed up,” he says, adding:

“Cycles used to include generous amounts of ‘white time’ – time when nothing happened and no one minded that nothing happened. There would be white time during handoffs, during transportation, while things were in the mail, or while people ‘thought it over’… We usually described it in pejorative terms – delay, doldrum, drag.

“But those cycles have compressed, like radio ads that have had the silence between words plucked out: Do-it-today…When all the white has been whited out, we will live in a simultaneous world, and technology and time will fuse into a single, seamless, instantaneous moment.”

I doubt if it will come to that. Finley himself quotes Kierkegaard, the Danish philosopher, as saying life must be lived forward but it can only be understood backward. He adds:

“Perhaps there will be a great rebalancing up ahead, when the pendulum swings back toward reflection, and graybeards – and whatever the female equivalent of graybeards is – will have laurels strewn before them instead of Grecian Formula.”

I scan that horizon, having given up GF years ago in favor of thinking back, living ahead, and feeling for those fighting the Time Wars.

(The writer is a former Advertiser editorial page who contributes regularly to the Sunday Focus section. He can be e-mailed at johntgriffin@hotmail.com)


I enjoyed this week's essay, but I disagree with Geoffrey Moore that "people who believe there is value in linear time, mainly older people, will lose power. Young people, and people who consume a lot of coffee, will assume power."

The other day I saw a TV ad for some company (can't remember which) that had the tagline: "While you're thinking, the competition is doing."

"Ah," I said to myself, "but while I'm thinking, the competition probably is doing the wrong thing because they didn't think."

What's happening in business and in markets today is misleading. It's easy for the young hotshots to look good when investors are willing to throw tens of millions into dot-com companies that have never have made a dime and have no immediate prospect of making one. But sooner or later (I'm inclined to think rather sooner than later) the bubble will pop, and those investors will be saying to themselves: "Hmm -- maybe I should have thought about this a little more."

In the long run, people who think -- whether they're young or old -- will always beat those who don't think. Wars, poker games and business competitions are not won by those who steer by guesswork and reflex. Fogeys like you and I may take comfort in the certainty that thinking will be back in fashion someday.

B.M.


"Lots of us find it a very helpful, human, sometimes humorous, always interesting, often surprising column that has no peer on the freelance market, And, yes, you can use that as a testimonial if it helps."
-- Bill Dowd, Albany Times Union

"No one talks about the ups and downs of technology like Michael Finley. See his columns online at www.mfinley.com/. -- James S. Derk, Evansville (IN) Courier

"Editors want everything to fall into a neat little box, and your stuff doesn't do that. You don't write merely about technology, you write about what technology means to us and how it has changed us. I like it." -- John Boxmeyer, St. Paul



America's Best-Loved Futurist(TM), Michael Finley has a free gift for visitors to http://mfinley.com.


"A masterpiece of explanatory journalism!" - New Orleans Picayune
"Fast, funny, and highly stimulating!" -Business Book Review

Make payments with PayPal - it's fast, free and secure!
Get your signed copy of
The NEW Why Teams Don't Work
by Mike & Harvey Robbins
from Berrett-Koehler Publishers

Just click on the book cover!

Click Here!

HOME | ALL STORIES

Visit Amazon.com

Stimulate the economy, give a poet a dollar.

I enjoyed serving this essay up for you, and I did it for free. But this writer is currently out of work, and a bit of revenue would gladden his heart. If you'd like to contribute to this site, consider dropping a $1 tip in the "Honor Box" here. Just click the CLICK TO PAY image here. Thanks - Mike
Amazon Honor System Click Here to Pay Learn More

This Week's Top 50 Technology Books

Click Here!

Stimulate the economy, give a poet a dollar.

I enjoyed serving this essay up for you, and I did it for free. But I am a few clients lighter right now than I need to be, and a bit of revenue never hurts. If you'd like to contribute to this site, consider dropping a $1 tip in the "Honor Box" here. Think of it as a voluntary subscription. Just click the CLICK TO PAY image here. Thanks! - Mike Amazon Honor System Click Here to Pay Learn More

Total tips, year to date: $203.00 - MANY THANKS!