I’m not fully there yet … but, for God’s sake, just send in the meteor now to decimate me totally like the real dinosaurs.

Actually, I’d suggest shoving me off on some northern ice floe but those are mostly melted away now, replaced by Arctic yachts, Inuit bikinis and palm trees, yes?

WHAT? That sounds a bit desperate Larry.

So, am I correct in thinking that I’m losing my power, cracking open the door to irrelevance… to dinosaur’dom?

First, the glaringly obvious – yes, my arms are growing shorter (actually, it might be my spine *measure myself against the wall* … yes, it definitely IS my spine that is shorter)… my skin is getting scaly and rough… and when I get up to pee in the night (dinosaurs always got up to pee in the night, yes?), I sort of wobble back and forth on my legs like a T-Rex or a human toddler, until I feel my balance sensors kick in.

But not all the signs of dinosaur’osity are so undisguised.

It’s taken a few years for me to realize and understand this transfer of “power”, but it’s growing clearer to me that a transformation is underway and will likely develop more completely in years to come.

Sometimes, it takes a while to understand that small changes add up to a larger shift. Only when we look back afterwards, is it blindingly obvious.

OK, I sense your confusion. It might not be clear what I’m getting at, so let me go into more detail. I’ll give you 3 examples in today’s TedTalk… er.. LarryTalk!

1. PROFESSIONAL Work. I was a medical lab technologist for 37 years, most spent in the Microbiology trenches, hunched over agar plates, identifying bacteria, parasites, and fungi that cause infection and then informing doctors which antibiotics or other therapeutics would most likely be successful in eradicating the little microscopic buggers.

It was only in the last 5 years or so of my career that I became truly cognizant of the rapidity of change in knowledge and best-in-class treatment options. The pace was scary. I began worrying about my ability (and honestly, desire) to keep current.

When the fateful day came that I stayed awake at night worrying if I had provided the “best” treatment advice available, I knew that I had to make a MAJOR effort to regain/retain currency, or get the hell out of the way for those with the drive and energy to take it on. I was shape-shifting into a dinosaur.

Instead, I morphed into a happy computer database geek for the last few years of my working career and left the agonizing worry behind. I probably saved a few lives in making this change which kind of makes me a SuperHero, right? (No Attaboy‘s needed here!)

 

2. YOUNG folks begin to talk “around” me. My road to invisibility is slowly being built as kids in their 20’s, 30’s and 40’s no longer view me as a source of infinite wisdom, knowledge and authority. Omnipotence Lost.

I can see it coming at me in my world because I know a few decades back, I began looking at my elders in a similar way. I found myself viewing them as pseudo-dinosaurs who deserved respect, but bit-by-bit I realized that I wasn’t putting as much weight or blind belief in their words. The new world was passing them by.

Akin to my first point above, the younger generation(s) can see that older people are struggling to keep up with the humongous social and technological changes that are overtaking us. I’m pretty sure the earthquake – the massive turning point – was when we found seniors’ living rooms filled with VCR’s that flashed 12:00 incessantly.

 

3. INVESTMENT tenets. I’ve been an amateur “investment analyst” for decades, developing a toolbox of skills that have helped provide me and my family a reasonable standard-of-living despite a relatively small income.

It has been a stimulating hobby that just happened to have a financial payday attached. But… big but (not BUTT, not yet at least!)… these investing tools I relied on for decades are slipping because of rapid technology change.

For sure, the principles and tenets of analysis are still valid, but they reflect a world of much slower change. As I’ve told my own kids, ten years ago I could, for example, count on big banks and large industries that were well-managed to produce good returns to me as a shareholder for many many years to come.

Now, because of disruptive technology and logarithmically fast research efforts, the strongest of the strong can be knocked off their pedestal overnight. We are making buggy-whip makers of almost every “old” company in weeks and months instead of years and decades. We can only guess who the winners and losers might be.

The only solution I can come up with at this moment is to hold a large, diversified bag of well-run “new age” companies, knowing that it will only require a couple of winners to make a successful portfolio. 

……………..

So my friends… I’ve got my eyes wide open, bobbing like a prize boxer, as I (Yoda) try to dodge the meteor that threatens my relevant existence.

We’re all in the same ring, floating like butterflies, doing the magic dance of keeping up.

It’s fascinating and dizzying, exciting and scary.

Do you think the real dinosaurs saw the meteor before it finally hit?