after the storm: creation of internet economie

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After the Storm: Post-Katrina Creation of Creative Economies George Howard

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Page 1: After the Storm: Creation of Internet Economie

After the Storm:Post-Katrina 

Creation of Creative Economies

George Howard

Page 2: After the Storm: Creation of Internet Economie

Topics I shall attempt to Cover(but, please interrupt)

• General destruction and (perhaps) creative renewal via tech for New Orleans

• Specific Actions for New Orleans• Relevance to firms and other economies

Page 3: After the Storm: Creation of Internet Economie

Main post-Katrina conditional changes

• Disrupted long-standing entrenched institutionso Bureaucratico Culturalo Psychological

Page 4: After the Storm: Creation of Internet Economie

Post storm shift(ing)

Architecture of closure => Architecture of participation….Brought on by sheer necessity.

*Relevant theory via Tyler Cowan =>

Page 5: After the Storm: Creation of Internet Economie

(*Tyler Cowen aside)

Outsiders and marginalized minorities often drive artistic innovation. Much of the dynamic element in American culture, for instance, has been due to blacks, Jews, and gays, as Camille Paglia has noted. 

Outsiders have less stake in the status quo and are more willing to take chances. They face disadvantages when competing on mainstream turf, but a differentiated product gives them some chance of obtaining a market foothold. 

Individuals who will not otherwise break into the market are more inclined to take risks, since they have less to lose.

—In Praise of Commercial Culture - Tyler Cowen

Page 6: After the Storm: Creation of Internet Economie

This has always been NOLAIt's no longer only cultural....it's innovation/entrepreneurship

Page 7: After the Storm: Creation of Internet Economie

by the way

 

Page 8: After the Storm: Creation of Internet Economie

it's not just New Orleans

(...but more on that in a minute)

Page 9: After the Storm: Creation of Internet Economie

Firms, writ large, have all recently gone through a variant

of Katrina

 

(back to that ominous not just New Orleans comment)

Page 10: After the Storm: Creation of Internet Economie

if Social Media is [insert disparaging adjective here]

why are governments "turning it off" when in crisis?

countries too

Page 11: After the Storm: Creation of Internet Economie

challenge and opportunity

Companies, countries, individuals, municipalities have all gone through a Katrina moment...institutions are crumbling.

Remember: Disrupted long-standing entrenched institutionsBureaucraticCulturalPsychological

Each left understanding profoundly that old paradigms (institutions) have been washed away

What emerges to fill the vacuum.... 

Page 12: After the Storm: Creation of Internet Economie

what you must do

Learn from social entrepreneurship-esque elements-team of team approaches-impact (new set of KPIs) beyond pure profit

organize "communities of interest" from a horizontal, rather than vertical, approach-this means talking with, not talking at

Page 13: After the Storm: Creation of Internet Economie

what you must get ahead of

Social media, etc. has given everyone a voice. Now everyone YELLS.

Same as not having a voice.

The next frontier is organization/curation/convivial communities of interest bonded around shared values--FB will struggles (as will all others who try to be all things to all people)

Page 14: After the Storm: Creation of Internet Economie

Thank you!

George [email protected]: @gah650