Check back on that name in 10 years. He will be seen as either a brilliant visionary or something akin to the guy who predicted cities would be redesigned around the Segway.
Laurs recently predicted that apps for smart phones will, as a business, be as big or bigger than the internet in a decade. By the same token, Laurs predicts the development of new apps to level off as the leaders emerge and smaller developers can’t compete. I guess it’s kind of like when there were tons of American car companies in the twenties and barely three today.
It’s really easy to scoff at this idea of apps becoming that huge a business because apps are so new in our collective consciousness so they seem like a fad. I’ve got some thoughts on hype vs. cynicism and I’ll try to get them into a written form by later today.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.