Friday, May 18, 2012

Technology and Marketing

Today I see more and more children with iPhones, iPods, and computer knowledge then every before.  My boss just received his first iPhone and his 6Th grade son, dubbed "The Wizard", showed him everything about it without even having his own phone.  How is this possible?  I believe that this age group should be named the tech babies, to go along with the baby boomers.

Technology is all around us.  It is impossible in today's world not to be a part of it.  Today could make one of the greatest, single most profitable days for a company, Facebook.  Although I do not know much about the market, I know that today Facebook went public and by following the Google financing page, it is currently at $40.56/ share and rising.
https://www.google.com/finance?client=ob&q=NASDAQ:FB

This article talks about how Facebook has decided to start publicly trading its "180,000,000 shares of Class A common stock and selling stockholders are offering 241,233,615 shares of Class A common stock" To me this is unreal how a man created such a simple concept into a multi-million dollar enterprise.  
http://www.reuters.com/finance/stocks/FB.O/key-developments

All of this has come down to technology.  As I am typing my computer is constantly editing my work.  It recognized facebook is not spelled correctly because I did not capitalize the F.

This video talks about technology and marketing, and how it has changed the world.
Without technology, marketing and the world would be a very different place.  Technology has helped change our world and make it possible for firms like Facebook, to be a leading in the marketing world.  Technology is inevitable, and if your firm is unable to adapt then you will be caste aside.

My only concern is will technology pass us, and The Matrix will become a reality?

2 comments:

  1. I feel your concern with technology. There is absolutely no doubt in my mind that technology has saved many lives and made our standard of living increase significantly. However, what problems is technology creating for us? I see people on campus walking around with their earbuds in and not making any eye contact...are we going to become anti-social beings? Of course not, that is the extreme, but it shows the affects of technology on social aspects in society. we also, like the book said, have to be more cautious about identity theft, scams over the interent, scams on our cell phones, etc. I agree with you that we may have to watch technological growth and be aware of the good and the bad of each advance.

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    1. I do agree with the concern that you shared. Technology is advancing rapidly and it does seem like it could pass us up. But, I think our fear of scams, identity theft, etc. is keeping us aware of the reality of what we are doing. I also think that people being aware of the social aspect that technology is taking away from us, like you said above, people walking around campus with earbuds ignoring their surroundings, is helping us to at the very least have a desire to keep technology in check. Though this is a common fear I think and an interesting thing to discuss and be aware of. I work in an elementary school and there are so many kids that have cell phones and it just blows my mind.

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