Lot’s of reforming going on.
There is the big healthcare reform. If I asked 1000 people what it was going to mean, there would be no good answers. I don’t believe Stocktwits health care bills will magically stop rising 34 percent (it just did) with this great health reform. Instread, I am factoring in 40 percent gains next year so we can try to run our business smart.
There is the big financial reforms (have not seen any on the true culprits, but I hear they are coming), for example in the ‘very dangerous’ area of FOREX which brought the world to it’s knees in 2007 because Betty put $50 on The Euro. I love the FOREX industry, but I won’t invest wildly until I really understand where the reform is going.
There are all kinds of immigration reforms on their way. I know I had to spend lot’s of money and time to stay here 20 years ago and it has not got any easier. The good news is that we have ‘Dream Teams’ like this and hopefully these kids will decide to keep their brains right here.
Finally in Broadband, as Fred Wilson points out :
There isn’t enough competition on the access side of the Internet, both wireline and broadband. The rest of the Internet stack is hypercompetitive and is innovating at a mile a minute. But in access, we have monopolies who go at whatever speed suits them. There’s nothing pushing them to go faster.
While the technologists argue about which device you will watch TV and YouTube videos ( now Google and Intel are in the fray ), you should probably just think about making your content great and consumable on anything, anywhere.
All the reform as you can see, is making things more complicated and expensive for the little guy.
I am ok with it because the tools are getting better.
You better learn to use all these great tools. Twitter just turned 4, but it is a very powerful tool. Facebook is 5 or 6. Blogging, not much older than that. Search may just set you free.
So while these big arguments rage on, you better go about your business smarter and leaner than ever.