I had the pleasure of joining Alan Shimel of Techstrong TV for a short Interview on digital twins. Our discussion explored the growing number of scenarios enabled by the convergence of multiple technologies. We discussed its application in the context of food and health in the short term, the Metaverse and smart cities in the medium term, and the off-planet economy in the long term. Alan does a great job with these interviews. You can explore several topics at Techstrong TV.
I just finished reading my latest book titled Purpose + Profit. The book was written by Harvard professor George Serafeim. Being purpose-driven is no longer a brand or marketing gimmick, but a sea change driven by multiple forces. The book provides data to support the coexistence of both purpose and profit. In fact, it makes the case that purpose-driven companies have better outcomes. In 2017, I spoke about the need for a hybrid of purpose and profit. It is refreshing to read the many examples of how that exact scenario is playing out. Even more encouraging is the advancement in available data that allows us to measure impact – something the author calls impact weighted accounting. I recommend the book and have added it to my library. The Amazon abstract is included below.
The Metaverse is now one of those buzzwords we can expect to hear about for some time to come. With that in mind, I just finished reading my latest book titled The Metaverse Handbook. The book covers the following:
When I first posted a video of Ameca defending her personal space, the reaction ranged from fascinating to creepy. I would expect a similar reaction to this new video released by Engineered Arts. They have been working on teaching Ameca a wider range of facial expressions, with twelve new actuators added. See for yourself.
Update July 19, 2024: since I posted this in 2022, surviving author Neil Howe launched a follow up book last year titled The fourth Turning is Here. The number of visits to this original post has ramped considerably, signaling a resonance with the books message. As a result, I recently posted additional thoughts on the topic here.
It was 2019 when I finished a book titled The Fourth Turning. I found myself referring to it a couple of weeks ago during a conversation about the cycles of history. I went back to the book after our discussion given the many changes the world experienced since I added it to my library. The repeated cycles of history described by the book remain both fascinating and ominous.
I had the pleasure recently of talking to Fernando Guarneros Olmos about the evolving world of digital twins. Fernando is a journalist with a special interest in business related to technology and video games. Our discussion was captured in an article titled Digital twins also help prevent famine.
Every so often, the knowledge base of society expands in a way that can be felt across multiple domains. When science pushed technology to new heights starting in the 1870s, it put society on a path towards transformative change. With science continuing to produce amazing breakthroughs in a synergistic relationship with technology, it feels much like that period so long ago. Take a look at the headlines from the past week:
For at least seven years, the concept of ecosystems has been discussed and defined in various ways, while sometimes applied in a context that dilutes its eventual impact. At the highest level, an ecosystem is a network of connected stakeholders interacting in ways that create and capture value for all participants. Why has this ecosystem phenomenon emerged now and why do people expect it to drive structural change? Once again, history may provide an answer.
I just finished reading the latest addition to my book library. The New Fire was written by Ben Buchanan and Andrew Imbrie. The book explores artificial intelligence (AI) through the lens of geopolitics, specifically, the prospects for democracy versus autocracy. A worrying possibility is highlighted in the book; that AI will do more for autocracy than democracy. In comparing artificial intelligence to fire, the authors make a comparison that I explored in a recent poll. Fire is very destructive, but as the authors state, it is also the basis for civilization. Humans learned to tame the destructive nature of fire, while harnessing its power. That is the precise analogy to AI that the book studies.
Are there other forces lurking that could indeed lead to relocalization? Might a world where our food, energy, and products are created locally drive deglobalization? An open question with massive implications. Relocalization is a geopolitical building block – one of many that contribute to future thinking exercises.
Given the recent focus on demographics, I went back to review a book in my library titled “The Great Demographic Reversal.” In a post that reviewed the book, I mentioned that the authors state several times that their findings are controversial and counter to the views of mainstream economists. By way of review, the authors concluded that the future is one of:
Deglobalization is a geopolitical building block with massive implications as it converges with its societal counterparts. In my August 2020 poll on the catalysts that drive change, deglobalization entered the list. It was not surprising, given the supply chain concerns that emerged in the early days of the pandemic. But is deglobalization likely? This recent article explores that question.
I just finished another book titled Future Stories authored by David Christian and have added it to my book library. The book focuses on future thinking, exploring the various ways that experts, plants, animals, and even cells manage the future. This visual from the book provides a glimpse of the possible futures explored.
My last two posts focused on labor shortages and population growth; two critical societal building blocks that converge in ways that shape our future. Continuing with that theme, this recent article looks at these building blocks through the lens of China.
China has edged over a demographic precipice: Its population has begun to shrink. United Nations data published on Monday showed that the long-anticipated tipping point came in the first half of the year; it’s a significant moment for a country whose large population helped transform it into a manufacturing powerhouse
In a post yesterday on population growth, I shared a fascinating visual that looked at the age structure of our population in 2017 versus projections for 2100. The tweet is shared again below, click on arrow in the visual to see the changes.
Population size is important in several ways. Historically, experts worried about societies ability to sustain an ever-growing population. With climate change issues mounting, those concerns remain. However, a scenario where our global populations shrink brings a different set of challenges. As this article on projected labor shortages describes, the growth rate of an economy is determined by two factors: growth in hours worked and growth in productivity. The sustained economic growth of the last 250 years can be attributed to a growing skilled workforce (education played a major role) and major innovations that drove productivity.
Recent estimates for population growth are at odds with one and other. Where the United Nations sees 11 billion people on the planet by 2100, the University of Washington’s Institute for Health Metrics and Evaluation sees growth to 9.7 billion initially and then a decline back to 8.8 billion by the end of the century. Future population sizes underpin future strategies for governments and industries around the world. This article via the World Economic Forum underscores the point. The quick video snippet in the Tweet below is fascinating.
Our fascination with autonomous vehicles spans over ten years. Much of that time was focused on self-driving cars in our cities and highways. While that scenario has been slow to materialize, autonomous vehicles are emerging all around us in various applications. We see autonomy rolling out in agriculture, mining, and increasingly, logistics. The autonomous trucking trials happening in the southern region of the U.S. are a harbinger of things to come. The movement of freight however is not limited to our current roads. This recent article describes the future of freight transport – which may be heading underground.
Without good stories to help us envision something very different from the present, we humans are easily stuck in our conventional mental programming
Per Espen Stoknes
I was reminded of the above quote when I came across this recent article about America’s early rejection of coal. With cheap wood available and houses having wood fireplaces, not many saw the wisdom of shifting to coal. As the article states, our current societal struggle with renewable energy has a long history. Coal itself faced a similar pushback in the early 19th century when the power source promised to solve many of the country’s problems.
One of the future scenarios that I have focused on for some time is healthy life extension. When I mention to an audience that the first person to live to 200 has already been born – it gets quite the reaction. That scenario is not as far-fetched as people believe. This recent article explored research in the field of senolytics – drugs that work to eliminate cells that degrade tissue function. The drugs are already showing promising results and could become available on the market within the next decade.
The Alexa team demoed the new feature during the event by presenting a scenario in which Alexa uses the voice of a dead grandmother to read a bedtime story to a little boy
Dale John Wong – Alexa will soon be able to talk using a loved one’s voice (even if they’re dead)
That quote from a recent article builds on the digital resurrection post from June 14th. When they say anyone’s voice – they mean it. Take a look at the video below starting at the 1:01:58 mark, which is a different application of the same scenario – resurrecting a lost loved one. If you have not already responded to the poll below, please provide your thoughts.