All Bets Are Off | ruizmark.com

All Bets Are Off

Tuesday, March 10, 2009
By Mark Ruiz

These are amazing times.

And I don’t necessarily mean that in a positive slant.

There’s an ongoing G20 Summit, wherein global leaders are thinking through how to get us out of this intricate financial mess.

But here’s the tricky part.

I really don’t think anybody can accurately predict what the other end of this tunnel will look like. It’s literally a blurred horizon.

Because what has happened this past year has literally rewritten the way the world will be configured from now on.

I love thinking about scenarios, of imagining the future.

But how the world will look like after all this – even after the full recovery – is a book that has not yet been written.

The debatable changing role of government. The uncertainty of financial markets. The interlinking thread of globalism.

It”s capitalism truly at the crossroads.

And where all this intersects with my passion is a question : in this new world order, what role will innovation play?

Because no longer will it be the way we’ve thought about it. The way i’ve been thinking, talking, and blogging about it for the longest time.

The scale of innovation has tipped, and now has to be reinvented.

Innovation at the micro will continue to be a powerful tool.

But it’s now Innovation at the macro — echoing John Kao’s Institute for Large-Scale Innovation — which will truly reboot everything.

I don’t know about you, but this uncertainty is both scary … and exhilarating.

All bets are off.

Bring it on.

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