8th
The Future of Consumerism
On March 3rd, Continuum and CCA hosted a panel discussion on the future of consumerism. The event drew an impressive crowd and great connections were made.
Our LA team hooked up a dual quad-core CPU Mac tower to enable Professor Tim Kasser to present and participate remotely. Supported by a great deal of analytical data supported by psychologists, Professor Kasser predicted a future focused less on extrinsic values (materialism) and more on intrinsic values (spiritualism). This is important, he explained, because when people focus on extrinsic values, their level of happiness and gratification goes down, and vice versa. To further explain the difference, he compared people who focus on the material against those who focus on the spiritual the day before and after Christmas.
Nathan Shedroff presented a thought-provoking piece around meaning and how to find it. He said that traditionally, when people say “Less is More,” it generally makes people nervous, as they believe things are being taken away from them. He proposed re-phrasing it as “getting more for less.” With a strong focus on meaning, he also spoke about how any two people can have their own definition of values such as freedom and security, but the expression of those values can be very different. One example of this is that while NRA folks believe possessing firearms is an expression of security, others may think the exact opposite.

Sean Brennan’s presentation looked at a shift occurring in Gen Y; the first generation that will not be as economically successful as its predecessors. Since they can’t afford more, their aspirations and spending behaviors will be different (and incomparable to previous generations). He looked at how this generation is using the internet as a way to rapidly prototype new identities, form relationships, and use their creativity and experiences as currency (Flickr travel photos, twitter updates). They spend their money on tools and services that allow them to do these things. Sean also echoed Professor Kasser’s points by sharing some of the thinking that’s happening in Continuum’s NEXT community, particularly around how sharing plays an important role for members of this new generation and how technology and services allow this generation to be green and thrifty by default.
The crowd was very engaged in the panel discussion and raised some very good questions. Since half of the audience was design professionals, the conversation focused around what the implications would be for the future of design. The event lasted well into the evening hours, and everyone walked away with new insights in the future of consumerism.










