The trend toward experiences is important for technology startups. The era of competing over technical specifications is over. Users want better experiences from devices, applications, websites, and the offline services they enable. It is no coincidence that interaction design is replacing technical prowess as the primary competency at startups. People who create great experiences will be the most valuable to startups, and startups that create great experiences will be the most valuable to users.
— Chris Dixon on our society’s shift from a product economy to an experience economy. This is hardly a new idea, but I did enjoy Chris’ succinct synopsis of the factors and history involved. (via vanlancker)