Economical, sociological and technological drivers have converged to create a new agora, a place where ideas, people, goods and services are increasingly exchanged by peer to peer nodes, bypassing traditional business models. This new marketplace profoundly impacts how we define ourselves —new identities are emerging. Keynote, Papaya Ventures Demo Day, Rio de Janeiro, Brazil, June 13, 2013.

1. THE TIPPING POINT OF THE
GLOBAL INTERNET ECONOMY
Paul Papadimitriou — Papaya Ventures Demo Day — Rio de Janeiro — June 2013

2. INNOVATION
http://www.flickr.com/photos/sudhamshu/3202963823/sizes/l/

3. DISRUPTION
http://www.flickr.com/photos/sudhamshu/3202963823/sizes/l/

4. INNOVATION
HOW
IS BORN
http://www.flickr.com/photos/theqspeaks/6240575050/sizes/l/

5. DISRUPTION
HOW
HAPPENS
http://www.flickr.com/photos/theqspeaks/6240575050/sizes/l/

6. 1994
I DIDN’T SEE IT
http://www.flickr.com/photos/theqspeaks/6243039829/sizes/l/

7. 1999
I DIDN’T SEE IT
http://www.flickr.com/photos/theqspeaks/6243039829/sizes/l/

8. 2008
I STARTED TO SEE IT
http://www.flickr.com/photos/theqspeaks/6243039829/sizes/l/

9. 2013
I SENSE THE TIPPING POINT
http://www.flickr.com/photos/theqspeaks/6243039829/sizes/l/

10. WHAT DRIVES
HUMANS?
HOPE & FEAR
http://www.flickr.com/photos/tamaar/419205093/sizes/l/

11. WHAT DRIVES
BUSINESSES?
HOPE & FEAR
(AT A SLOWER PACE)
http://www.flickr.com/photos/tamaar/419205093/sizes/l/

12. INNOVATION & DISRUPTION
ARE CREATED BY
HOPE & FEAR
http://www.flickr.com/photos/tamaar/419205093/sizes/l/

13. HOPE & FEAR
AUGMENTED BY
MASS NETWORKShttp://www.flickr.com/photos/tamaar/419205093/sizes/l/

14. MASS NETWORKS
ALLOW FOR VELOCITY & REACH
OF HOPE & FEAR
http://www.flickr.com/photos/tamaar/419205093/sizes/l/

15. DISRUPTION IS A
DELFATION GAME
http://www.flickr.com/photos/annamagal/4697076085/sizes/l/

16. DISRUPTION THROUGH
FALLING PRICES
http://www.flickr.com/photos/annamagal/4697076085/sizes/l/

17. INCUMBENTS ARE ADDICTED
TO LARGE MARGINS
http://www.flickr.com/photos/annamagal/4697076085/sizes/l/

18. NEW ENTRANTS ARE
DRAMATICALLY LOWERING
PRICE
http://www.flickr.com/photos/annamagal/4697076085/sizes/l/

19. YOUTUBE
vs
TELEVISION
http://www.flickr.com/photos/annamagal/4697076085/sizes/l/

20. NEW ENTRANTS ARE
DRAMATICALLY LOWERING
PRICE
AT MASS SCALE
http://www.flickr.com/photos/annamagal/4697076085/sizes/l/

21. TIPPING POINT DRIVER #1:
THE MASS SCALE OF SOCIAL
NETWORKS
http://www.flickr.com/photos/almostinfamous/5063718679/sizes/l/

22. PEOPLE ONLINE
1995 200 2005 2010 2012 2020
5000000000
2029000000
201900000101900000411000004400000
http://www.flickr.com/photos/gilest/78207447/sizes/l/
Source:World Bank

23. 1/3
OF THE WORLDhttp://www.flickr.com/photos/gilest/78207447/sizes/l/

24. FACEBOOK
>1,000,000,000
USERS
http://www.flickr.com/photos/gilest/78207447/sizes/l/

25. YOUTUBE
>1,000,000,000
UNIQUES/MONTH
http://www.flickr.com/photos/gilest/78207447/sizes/l/

26. GLOBALIZATION
Google
MS
FB
Yahoo
0 375 750 1125 1500
US World
http://www.flickr.com/photos/gilest/78207447/sizes/l/
Source: Comscore Global 2013

27. TIPPING POINT DRIVER #2:
THE MASS GLOBALIZATION OF
SOCIAL NETWORKS
http://www.flickr.com/photos/almostinfamous/5063718679/sizes/l/

28. #REVOLUTIONS
http://www.flickr.com/photos/pedromourapinheiro/2559028008/sizes/l/

29. NETWORKS
ENABLE COMMUNITIES
http://www.flickr.com/photos/pedromourapinheiro/2559028008/sizes/l/

30. NETWORKS
ENABLE TRUST
http://www.flickr.com/photos/pedromourapinheiro/2559028008/sizes/l/

31. NETWORKS
ENABLE TRANSPARENCY
http://www.flickr.com/photos/pedromourapinheiro/2559028008/sizes/l/

32. NETWORKS
ARE UTILITIES
http://www.flickr.com/photos/pedromourapinheiro/2559028008/sizes/l/

33. TIPPING POINT DRIVER #3:
THE MATURITY OF TRUST-
ENABLING SOCIAL NETWORKS
http://www.flickr.com/photos/almostinfamous/5063718679/sizes/l/

34. MOBILE GROWTH
0
250
500
750
1000
1250
1500
2000 2002 2004 2006 2008 2010 2012
PCs Smartphones & tablets
http://www.flickr.com/photos/anantns/7979597377/sizes/l/
Source: Benedict Evans, Mobile is Eating the World

35. MOBILE SALES
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Population Mobile Smartphone PC Tablets
2012 2017
http://www.flickr.com/photos/anantns/7979597377/sizes/l/
Source: Benedict Evans, Mobile is Eating the World

36. 71%
LITERATE PEOPLE WILL HAVE A
SMARTPHONE IN 2017http://www.flickr.com/photos/anantns/7979597377/sizes/l/
Source: Benedict Evans, Mobile is Eating the World

37. PLATFORM SHIFT
1960 1970 1980 1990 2000 2015
10000
1000
1001051
http://www.flickr.com/photos/anantns/7979597377/sizes/l/
Source: Mary Meeker Internet Trends

38. TIPPING POINT DRIVER #4:
THE UNPRECEDENTED
EXPLOSION OF MOBILE
http://www.flickr.com/photos/almostinfamous/5063718679/sizes/l/

39. JOBS #FAIL
UNEMPLOYMENT
UNDER-EMPLOYMENT
http://www.flickr.com/photos/yo_tuco/3873775866/sizes/o/

40. JOBS #FAIL
POST-CRISIS GDP RECOVERY
NOT JOBS RECOVERY
http://www.flickr.com/photos/yo_tuco/3873775866/sizes/o/

41. YOUTH UNEMPLOYMENT
GREECE: 55%
SPAIN: 53%
EU: 22.7%
BRAZIL: 15.6%
http://www.flickr.com/photos/yo_tuco/3873775866/sizes/o/
Source: OECD, ILO

42. EMERGING MARKETS
ADVANTAGE
ECONOMIES BUILT AROUND LIMITED RESOURCES
http://www.flickr.com/photos/yo_tuco/3873775866/sizes/o/

43. EMERGING MARKETS
ADVANTAGE
PROVIDERS OF A GLOBAL WORKFORCE
http://www.flickr.com/photos/yo_tuco/3873775866/sizes/o/

44. TIPPING POINT DRIVER #5:
THE NEW RULES OF GLOBAL
WORKFORCE ECONOMICS
http://www.flickr.com/photos/almostinfamous/5063718679/sizes/l/

45. OLD GATE KEEPERS
GOVERNMENTS
UNIVERSITIES
LOBBIES, UNIONS
CORPORATIONS
FINANCIAL INSTITUTIONS
http://www.flickr.com/photos/somerandomdude/430135303/sizes/l/

46. UNSUSTAINABLE
PROTECTIONISM
http://www.flickr.com/photos/somerandomdude/430135303/sizes/l/

47. THE OLD GATEKEEPERS CAN’T
PROVIDE FOR THE PEOPLE
ANYMORE
http://www.flickr.com/photos/somerandomdude/430135303/sizes/l/

48. TOP DOWN ORGANIZATIONS
CAN’T KEEP UP
http://www.flickr.com/photos/somerandomdude/430135303/sizes/l/

49. THE PEOPLE SEE IT BLATANTLY
THROUGH NETWORKS
http://www.flickr.com/photos/somerandomdude/430135303/sizes/l/

50. TIPPING POINT DRIVER #6:
THE INADEQUACY OF TOP-
DOWN ORGANIZATIONS
http://www.flickr.com/photos/almostinfamous/5063718679/sizes/l/

51. WHAT HAPPENS NEXT?
http://www.flickr.com/photos/michmutters/8165243392/sizes/l/

52. WE LEARNT HOW TO TRUST
THROUGH SOCIAL NETWORKS
http://www.flickr.com/photos/ishmaelo/38778306/sizes/l/

53. TRANSPARENCY
OPENNESS
http://www.flickr.com/photos/ishmaelo/38778306/sizes/l/

54. WE’RE NOW USING THIS TRUST
TO PROVIDE FOR OURSELVES
http://www.flickr.com/photos/ishmaelo/38778306/sizes/l/

55. THE INTERNET IS A GLOBAL
AND FREE AGORA
http://www.flickr.com/photos/mlee/965844752/sizes/o/

56. IT LIBERATES A NEW SUPPLY
OF IDEAS, PEOPLE, GOODS &
SERVICES
http://www.flickr.com/photos/mlee/965844752/sizes/o/

57. GLOBAL COMMUNITIES
TWITTER
FACEBOOK
DEVIANTART
http://www.flickr.com/photos/12184548@N02/1428798524/sizes/l/

58. GLOBAL HUMAN CAPITAL
ODESK
ELANCE
http://www.flickr.com/photos/12184548@N02/1428798524/sizes/l/

59. GLOBAL P2P MARKETPLACES
AIRBNB
LYFT
LENDINGCLUB
ANGELIST
UDEMY
http://www.flickr.com/photos/12184548@N02/1428798524/sizes/l/

60. CONNECTED HUMAN CAPITAL
STAY LOCAL. WORK GLOBAL.
GLOCAL
http://www.flickr.com/photos/12184548@N02/1428798524/sizes/l/

61. NEW SELF
http://www.flickr.com/photos/dabok/6029437743/sizes/l/

62. TRIBALISM
DIFFERENTIATED LIVING
NEW GROUPS DETERMINATION
SHARED ACTUALIZATION
http://www.flickr.com/photos/dabok/6029437743/sizes/l/

63. NOMADISM
MOBILITY
AUGMENTED LIVING
http://www.flickr.com/photos/dabok/6029437743/sizes/l/

64. SINGULARISM
SELF-CONSTRUCT
NODAL LIVING
http://www.flickr.com/photos/dabok/6029437743/sizes/l/

65. NEW IDENTITIES
http://www.flickr.com/photos/dabok/6029437743/sizes/l/

66. NEW CONSUMERS
http://www.flickr.com/photos/dabok/6029437743/sizes/l/

67. EMPOWERED
AWARE
http://www.flickr.com/photos/dabok/6029437743/sizes/l/

68. A GLOBAL, NODAL, FREE &
DEMOCRATIC AGORA
http://www.flickr.com/photos/mlee/965844752/sizes/o/

69. WITH REAL-TIME DATA
http://www.flickr.com/photos/mlee/965844752/sizes/o/

70. CONSTANTLY MAINTAINING
DEFLATION & SCALE
http://www.flickr.com/photos/mlee/965844752/sizes/o/

71. A DISRUPTIVE AGORA
http://www.flickr.com/photos/mlee/965844752/sizes/o/

72. PAPAYA VENTURES
THE ACCELERATOR LEVERAGES:
MARKET SCALE, GLOBAL NETWORKS, EMERGING MARKETS CAPABILITIES,
INTERNATIONAL WORKFORCE & MOBILE TECHNOLOGIES
http://www.flickr.com/photos/groundzero/140526325/

73. BUUS
LEVERAGES:
MOBILE, MARKET SCALE, OPEN APIS, SELF-HELP LIFESTYLE & DATA
BUUS.COM.BR
http://www.flickr.com/photos/groundzero/140526325/

74. BOOSK
LEVERAGES:
MOBILE, NEW IDENTITIES, GLOBAL TRUST NETWORKS, MARKET SCALE,
BEHAVIORAL DATA
BOOSKAPP.COM
http://www.flickr.com/photos/groundzero/140526325/

75. DUJOUR
LEVERAGES:
MOBILE, GLOBAL TRUST NETWORKS, NEW IDENTITIES, BEHAVIORAL DATA
DUJOURAPP.COM
http://www.flickr.com/photos/groundzero/140526325/

76. U.SIT
LEVERAGES:
MOBILE WORKFORCE, SELF-HELP LIFESTYLE, MARKET SCALE & DATA
USITAPP.COM
http://www.flickr.com/photos/groundzero/140526325/

77. WHAT’S AFTER NEXT?
http://www.flickr.com/photos/atomicjeep/3386659481/sizes/l/

78. WHAT’S AFTER NEXT?
PROVIDING WAYS FOR
BUSINESSES TO TAP INTO P2P
http://www.flickr.com/photos/atomicjeep/3386659481/sizes/l/

79. TO PREPARE THEM FOR
A WORLD OF MAKERS
http://www.flickr.com/photos/atomicjeep/3386659481/sizes/l/

80. PAPAYA VENTURE’S NEXT 2013
THEME IS RIGHT ON TARGET:
MOBILE B2B
http://www.flickr.com/photos/groundzero/140526325/

81. THANK YOU
@papadimitriou
FB/LI: paulpapadimitriou
paulpapadimitriou.com
http://www.flickr.com/photos/casawood/2337512390/sizes/l/