In his recent Book Peter Diamandis describes why the future is faster than you think. At the heart of this phenomenon is the Acceleration of acceleration. The Convergence of multiple forces is driving this very fast future. As these Intersections occur, that pathway to a very different future opens wide. In the case of acceleration, Mr. Diamandis identifies seven forces that in effect accelerate the current acceleration dynamic. These are:
Author: Frank Diana
The Changing World of Human Resources
A recent Article explores those things keeping most Chief Human Resources officers (CHROs) up at night. According to Gartner, CHROs believe three topics are impacting the future of work: AI and automation, the gig economy and an aging yet multi-generational workforce. However, Gartner also believes that they are missing some key trends. They identified these six trends as areas for chief human resources officers to consider:
- Unethical Use of Employee Data
- Falling Barriers to Access
- Automation of the Manager Role
- Elimination of On-the-Job Learning
- Radical Transparency
- Rising Demand for Remote Work
Like every corporate function, human resources will face its share of change in the coming years. According to Gartner research, only 9% think their organisation is prepared for the future of work. Explore each trend in the article referenced above.
Food: A great Example of the Broad Changes Coming
In this recent Article, the authors describe the future of food in a way that captures the massive change driven by one future scenario: in this case, Food 2.0. Setting aside the changes likely in the form of lab-grown meats and 3D Printed foods, this story is more fundamental: it’s about farming. The article describes the current state of the industry, mostly one in decline.
Can you Reunite with a Lost Loved One?
In a recent book titled A World without Work, author Daniel Susskind described two fields of computing: computational creativity and affective computing. According to wikipedia, computational creativity is a multidisciplinary endeavour that is located at the intersection of the fields of artificial intelligence, cognitive psychology, philosophy, and the arts. The goal of computational creativity is to model, simulate or replicate creativity using a computer. This field of computing explores whether Creativity is the Sole Domain of Humans.
A World Without Work
I Just finished another great book. This one is titled A World Without Work authored by Economist Daniel Susskind.
The author explores a phenomenon that we have discussed many times over the centuries: Technological Unemployment. Drawing on almost a decade of research in the field, Susskind argues that machines no longer need to think like us in order to outperform us, as was once widely believed. The book describes a world where more and more tasks that used to be far beyond the capability of computers – from diagnosing illnesses to drafting legal contracts, from writing news reports to composing music – are coming within their reach. Mr. Susskind tells a compelling story to support his conclusion: the threat of technological unemployment is now real.
The Future of Cars
Recently, someone shared a very interesting inforgraphic on the future of cars. I get these requests to share content on a regular basis, and I assess them based on their insight and potential value to my readers. This is an example of a very well done Infographic with a great deal of insight. Below is an introduction and the infographic. Enjoy!
Electric Batteries and the Grid
This Article provides a very good example of domains that are converging in ways that shape our future. In this example, innovations in science and technology converge with future scenarios involving the emerging Mobility Ecosystem and one that is often described as the emerging Energy Internet. Author Jeff McMahon indicates that there will be more than enough batteries in electric vehicles by 2050 to support a grid that runs on solar and wind—if the two are connected by smart chargers, according to experts at the International Renewable Energy Agency.
As described in an earlier post, these Intersections across multiple domains introduce new scenarios that amplify impact. In this example, the boundaries between mobility and energy blur, creating a synergistic linkage between the two ecosystems. This complex and unpredictable dynamic complicates our Future Thinking exercise – but it may be the most critical focus of any forward-looking effort. The above referenced article provides a good example of how the Convergence of science and technology leads to a convergence with multiple future scenarios. Visualization helps to understand the various dots that are connecting.
The Future is Faster than you Think
In a recent Interview, Peter Diamandis talks about the rapid pace of innovation and how it is about to get a lot quicker. Diamandis has always had a positive outlook on the path of innovation – and although I share his optimism, there is no disputing societies need to map that Path. His ability to explore possible futures is very instructive, as leaders everywhere must understand the potential to advance our human development.
Mr. Diamandis believes we will see more change in the coming decade than we have in the last 100 years. He speaks of the Convergence of building blocks in the science and technology domains which contribute to the quickening pace. I’ve explored this notion of intersections in the past, but with a broadened focus. Convergence is occurring across multiple domains, not just science and technology. That additional convergence across society, economy, geopolitics, environment, philosophy, and business introduces a set of additional accelerants – but they also create obstacles.
In looking at possible futures, here are some of his predictions:
Computing on the Edge
Multiple changes to our compute paradigm are required to realize the disruptive and humanitarian advances promised by rapid innovation; whether it is the continued advancement of Moore’s law through new methods, or a complete replacement of the compute platform (e.g. Quantum Computing). One of those near-term changes is set to hit wireless networking, and 2020 could be the turning point. As described in this Article, A trio of new technologies is set to redefine wireless networking. That, in turn, could change the way enterprises think about building applications, managing data, distributing computing resources and deploying robots and factory floor machinery.
Yuval Harari Paints Pictures of Possible Futures
In his book titled Homo Deus, Yuval Harari provides a look into possible futures; he echoed those themes as he addressed the attendees of this years annual meeting of the World Economic Forum. I encourage everyone to read his Address, as it touches on the three existential threats that he believes humanity faces: nuclear war, ecological collapse, and technological disruption. Given the attention paid to the first two, Mr. Harari focused his address on technological disruption.
Wednesday Musings: Education, Energy, Currency, and Purpose
Every morning, I scan the horizon. Horizon Scanning is a systematic process that serves as an early warning system to inform decision makers about possible futures. It identifies actions, innovations, and events that have the potential to alter our future, both positive and negative. I am struck by the sheer volume of news, areas to consider, and emerging building blocks that are likely to impact society. The Possibilities – both good and bad – seem endless.
Thinking about the Future should be a normal part of every leaders day. With so many building blocks to consider, the need to understand them intensifies, as well as the various ways they are connecting. A Canvas that helps us to visualize can be very helpful. My scanning this morning underscores just how much to consider. In a short period of time, I explored the World Economic Forum’s continued focus on Purpose. Having just written about How Different Jobs will be in the next ten years, I read another Article on the need for a Global Reskilling revolution. As the world explores a profound shift in our energy paradigm, I learned that the windows in our buildings will provide all the Energy Required. The foundational elements of society are shifting. Even money is likely to transform, as Central Banks study the possibilities of Digital Currencies.
So, scan away my friends, the horizon is approaching rapidly.
5G is Likely to Accelerate Innovation in the 2020s
As a foundational piece of the Fourth Industrial Revolution, 5G is likely to drive the human development that many anticipate. Viewing 5G through the lens of convergence provides an organizing principle that allows us to leverage insight across domains and derive foresight as a result. 5G, the next generation of cellular mobile communications technology, is the best example of convergence – as geopolitics is getting involved in emerging technology decisions and technology discussions are influencing geopolitics.
Jobs will be very different in 10 years
As many focus on the future of work, various different perspectives are presented. A common theme is emerging: Jobs will be there, but they will be very different within the next decade. This recent Article draws three conclusions:
- In 10 years time, 50% of jobs will be changed by automation – but only 5% eliminated.
- 9 out of 10 jobs will require digital skills.
- Young, low-skilled and vulnerable people – all need help with up-skilling.
Several critical points are made by the World Economic Forum article:
Looking at Possible Futures
Many Future Scenarios are spawned by convergence across multiple domains. The most obvious Convergence is occurring between science and technology. I have been posting links to numerous articles that explore possible futures. These futures are important for us to understand, as they usher in a very Pivotal Decade. Here is another set of articles that help us envision the future.
Shifting Platform and Ecosystem Dynamics
As platform business models increasingly gain board-level attention, the ecosystem conversation intensifies. David Kish – a TCS colleague – recently worked with the broader team (Kevin Mulcahy, Rose Rodriguez, Bill Quinn, Bill Bosak) to author an article focused on shifting platform and ecosystem dynamics. I am sharing Dave’s article via this guest post.
Since the advent of the internet, the combinatorial effect of innovation in science and digital technologies has rapidly driven the world toward a platform economy where software, apps and APIs enable every human activity and radically change how people interact and create value. Companies like Google, Microsoft, Facebook, Amazon, Apple, Alibaba and Tencent, which represent seven of the top ten valued companies by market capitalization, are leading this transformation and have created an imperative for all companies: develop platform capabilities and adapt your strategy to survive and succeed in the platform economy.
Can History Point to Possible Futures?
A view into history helps us better understand the future. A recent Article describes this phenomenon in detail, exploring how to apply historical reasoning to the future. I have invested considerable time in understanding the Cycles of History and how they help us better understand the future. As Future Thinking becomes an increasingly bigger part of a leaders agenda, a historical perspective provides valuable input. As described in the article, the goal is to reason well, using an understanding of history to think more clearly about a range of possible futures and how probable a given outcome might be.
Our Ultimate Job is to be Human
After posting this Article on Education and Learning, colleague and fellow Futurist Gerd Leonhard made me aware of his recent video. In his short video, Gerd describes why our ultimate job is to be human. Enjoy.
Learning and Education in the 2020s
How we handle learning and education in the coming decade will play a major role in determining societal outcomes. Will people gain the skills required by the jobs that scientific and technological advancement spawn? Will education enable us to operate in a future environment that requires collaboration, system leadership, resilience, a learning mindset and entrepreneurial drive? Will we unlearn the shareholder value focus and broaden our focus to consider the full stakeholder community? How we educate future leaders and a society of life-long learners will provide answers to these questions.
A new Article via the World Economic Forum delves into the topic, as the authors explore the university of the future and how it must adapt to train future leaders. The article states that universities must evolve in four ways to meet the demands of future leadership needs:
- Embrace technology
- Create more action-based learning models
- Understand the expanded role of business in society
- Support life-long learning
Education and learning remains a critical issue for me, as it lies at the heart of how society emerges from the transformative pressures of the coming decade. My recent posts share several thoughts on the topic.
The Shifting Winds of Education and Artificial Intelligence
Higher Education in the Age of Artificial Intelligence
MBA Education and Short Term Thinking
Future Hiring: Skills-Based or Credentials-Based?
Meet the Jetsons in the 2020s
Uber and Hyundai have teamed up to deliver on the Jetsons flying car future. One of several flying car initiatives likely to be realized by the end of the decade. Air taxis represent a further evolution of the Mobility Ecosystem. People point to the flying car as an example of future predictions that did not pan out. Well, much like everything else in this era of exponential progression – get ready. Uber Air is one example of services emerging in this space.
Change Has Never Been This Fast – It Will Never Be This Slow Again
Happy New Year all! As we enter the next decade, an expression that is now popular rings true: Change Has Never Been This Fast – It Will Never Be This Slow Again. It is not just the speed of change – which many attribute to Exponential Progression driven in part by the Convergence of Science and Technology –
but the sheer number of Dots Connecting in what is a very complex system. As is customary this time of year, there is no shortage of content focused on the year or decade ahead.
