# Keynote Case Study: BlackRock — The Next Economy Was Already Taking Shape
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## Article Content
Where will the growth come from ten years from now? Which industries will accelerate? Which will decline? Which organizations will place the right big bets — and which will discover that they moved too slowly? Those were the questions behind my keynote for senior clients of BlackRock in San Francisco. The topic was: The Future and the Next Economy. The audience was looking beyond short-term market movements. The real issue was structural change. How does the speed of Silicon Valley innovation redefine entire industries? What happens when traditional sectors begin operating on technology timelines? Where does capital flow when old industry assumptions begin to break? And which organizations are positioned to participate in new growth? Six themes framed the discussion: The Next Economy. Growth increasingly emerges from industries aligned with accelerating technology and changing market needs. Industry Reinvention. Established sectors can be reshaped rapidly when software, data and new science enter the market. Silicon Valley Speed. Technology innovation increasingly sets the pace for industries far beyond technology itself. Big Bold Bets. Long-term opportunity often requires investing before a trend becomes obvious. Declining Legacy Models. Some industries and business models face structural pressure as new alternatives emerge. Innovation Velocity. The ability to move quickly is becoming a critical determinant of who participates in future growth. For an investment audience, timing is everything. Being right about a trend is not enough. You also need to understand when the economics, technology and customer behavior begin to align. That is why foresight matters. It does not eliminate uncertainty. It gives leaders a better framework for understanding where the underlying momentum is building. My message was not about predicting the next stock. It was about understanding the structural forces shaping the next economy. The next wave of growth rarely begins when everyone agrees it is obvious. It begins much earlier, when the signals are still emerging.

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Source: https://jimcarroll.com/2019/02/keynote-case-study-blackrock-the-next-economy-was-already-taking-shape/