Yet many are oblivious to the indications and are at risk of watching this turned into a period of noisy turmoil as opposed to the full-blown insurrection required to launch us into a green market. What we require is not a new spinning wheel, but cloths woven with nano fibers that generate solar energy. To make that happen, we are in need of a radically reformulated way of understanding markets, technology, financing, and the role of government in accelerating change. But will we know the opportunities before they disappear seeing the Sixth Revolution for What It is we are seven years into the start of what analysts in Boa Merrill Lynch Global Research call the Sixth Revolution. A table by Carlotta Perez, which was introduced during a new Boa Merrill Lynch Global Research luncheon hosted by Robert Preston and Steven, summarizes the revolutions which are sudden in their own time that result in the one where we find ourselves.
Looking back in 1971, we are aware that Intel’s introduction of the microprocessor marked the start of a new age. But in that year, this meant little to people watching Mary Tyler Moore and The Partridge Family, or listening to Tony Orlando Dawn and Janis Joplin. People would remember humanity’s first steps on the Moon, starting connections between US and China, possibly the successful completion of the Human Genome Project to 99.99 accuracy, and the birth of Promethean, the first horse cloned by Italian scientists. According to Ben Weinberg, Partner, Element Partners, Every day we see American companies with promising technologies that are not able to deploy their products due to a lack of debt funding. By filling this gap, the government will spark the mass deployment of advanced technologies, allowing technologies which range from industrial waste heat to pole-mounted solar PV to demonstrate their economics and gain credibility in the debt markets.
Flying under our collective radar was the first floppy disk drive by IBM, the world’s first email sent by Ray Tomlinson, the initiation of the first laser printer by Xerox PARC and the Cream Soda Computer by Bill Fernandez and Steve Wozniak who’d found the Technology Apple Computer company with Steve Jobs a couple of years later. Times have not changed that much. It is 2011 and a lot people confront a similar disconnect with the events happening around us. We are in the equivalent of 1986, a year on the cusp of their personal computer and the World Wide Web fundamentally transforming our world. 1986 was also the year that marked the start of a significant financial change into new markets. Venture Capital VC experienced its most substantial finance-raising season, with approximately 750 million, and the NASDAQ was created to help create a market for these businesses.