The Tonight Show Starring Johnny Carson aired for 30 seasons between October 1962 and May 1992.

For three decades, one of the most iconic late-night TV hosts embedded himself into the collective memory of Boomers, Gen Xers, and a few newly minted Millennials.

And Johnny's influence was like the 1.0 version of the "Oprah Effect".

In December 1973, when Carson joked about an alleged shortage of toilet paper, panic buying and hoarding ensued across the United States as consumers emptied stores, causing a real shortage that lasted for weeks. Stores and toilet paper manufacturers had to ration supplies until the panic ended.

Now that's influence!

30 years is a long time to get accustomed to a person, a place, a job, a lifestyle, a routine.

Only to one day have it retire.
When Johnny retired, NBC had a back plan – Jay Leno.
It was expected the show would be different once Johnny exited the stage.

Correlate this to the current state of economic and geopolitical affairs.
Decades of predictable sameness, upended in less than 28 months – with no warning or end in sight.

Sort of.

In 2016, the World Economic Forum predicted that the timeline for disruption to industry business models would start between 2018-2020.

Bitcoin is part of this forecast of hyper-change. It will impact payments, payroll, and perks -- especially as the talent pool becomes global, borderless, and more techie.

What does the data show from the world's leading research institutions?

Here's the TL:DR summary from the Future of Jobs Report 2020 -

  • The pace of technology adoption is expected to remain unabated and may accelerate in some areas.
  • Automation, in tandem with the COVID-19 recession, is creating a ‘double-disruption’ scenario for workers.
  • Although the number of jobs destroyed will  [eventually] be surpassed by the number of ‘jobs of tomorrow’ created... job creation is slowing while job destruction accelerates.
  • Based on these figures, we estimate that by 2025, 85 million jobs may be displaced by a shift in the division of labour between humans and machines, while 97 million new roles may emerge that are more adapted to the new division of labour between humans, machines and algorithms.
  • Skills gaps continue to be high as in-demand skills across jobs change in
    the next five years.
  • In the absence of proactive efforts, inequality is likely to be exacerbated by
    the dual impact of technology and the pandemic recession.
  • Online learning and training is on the rise but looks different for those in employment and those who are unemployed.
  • The window of opportunity to reskill and upskill workers has become shorter in
    the newly constrained labour market.
  • The public sector needs to provide stronger support for reskilling and upskilling for at-risk or displaced workers.
  • Most executives see innovation as critical for their business. And, according to the McKinsey Global Innovation Survey, 80% think their current business models are at risk of disruption.

With technology "retiring" processes, business models, people, and "we've always done it this way" thinking - Bitcoin is at the forefront, as it directly impacts the narrative of money.

It's why we track Bitcoin's trend - to prepare and profit from this unrelenting tech curve.

Bitcoin's Trend

Week 12 of 52

This post is for paying subscribers only

Sign up now and upgrade your account to read the post and get access to the full library of posts for paying subscribers only.

Sign up now Already have an account? Sign in