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.
A changing of the guard has been in motion for some time. In 2020, Millennials will be the dominant workforce on the planet. The five generations in our workforce introduce a leadership challenge, alongside disruptive forces swirling around society. The truth is that millennials are likely the generation tasked with solving this broad set of societal challenges. This recent Forbes Article says it well. The challenges likely facing this generation include: technologies like AI, shifting business models, the implications of near zero marginal cost, the resources of the planet, the nature of house ownership, transportation, healthcare, work, education and families.
Fundamental questions about Why and how we Educate will have to be addressed for the first time since the introduction of high school. Additionally, this generation will have to deal with an Aging Society. As Michael Gale – the author of the above article – describes, one in four millennials are already directly managing a parents’ ill health on a daily basis. The added burden of college debt could create additional obstacles to success.
There has been a negative stigma associated with this generation. However, they are not the problem but part of the solution. As 72% of the Global 2000 continue their digital transformation journey, millennials offer a perspective that helps realize intended outcomes. The Forbes Article describes five things that you can do to enable this – take a look.
The center-piece of my work is the early signs of a Shift to Purpose and Well-being. I first developed this Innovation Wheel (click to view in a separate window) when analyzing the impact of second industrial revolution innovation on well-being in the Western world. The Possibilities are boundless – but society must Map the Path of Future Innovation. I walk around this innovation wheel when describing it to an audience, investing time in describing the possibilities across the various areas of well-being. This short video clip replicates that walk around the innovation wheel. The possibilities are indeed boundless.
Fast Future Research provides a glimpse into possible futures through a series of recently published books that focus on our Our Emerging Future and accelerate our learning and dialog. As with his previous books, Rohit Talwar enlists several authors in a new book just launched titled A Very Human future. An abstract for the book reads as follows:
As society enters the fourth industrial revolution, a major question arises—can we harness intense technological bursts of possibility to bring about a better world? A Very Human Future illustrates how the evolution of society, cities, people, businesses, industries, nations, and governments are being unexpectedly entangled by exponential technological disruption. This is not a book about technology but an exploration of how we make it serve humanity’s highest needs and ambitions.
One of the paradigm shifts on the future scenarios curve 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. Extending our healthy lives has many implications to very long held beliefs. These challenges to our belief systems are the reason I believe humanity is heading towards another Tipping Point – that moment in time where intuitions and beliefs built over long periods experience a considerable shift. It is the reason I titled my presentation “A Journey through the Looking Glass”.
Through the looking glass is a metaphorical expression. It means: on the strange side, in the twilight zone, in a strange parallel world. It comes from the idea of Lewis Carol’s novel: “Through the Looking–Glass“, and the strange and mysterious world Alice finds when she steps through a mirror. I firmly believe we are stepping through the looking glass.
Healthy life extension is a great example of a scenario on the curve upending long standing institutions. As visualized below, multiple building blocks converge to deliver this scenario.
In this last segment from the Health Summit in D.C., I responded to a question regarding loneliness, isolation and the policies that might help address this societal issue. Is it strictly a policy question? Like everything else in this exponential world, are building blocks emerging to address such issues in different ways? Like say, social robots?
Updated December 15, 2017
“We are having super abundance of everything – capital, talent, resources. The previously known scarce resources (e.g physical world scarcity, natural resources) are also abundant now thanks to technology. With every abundance there will be new scarcity that will be the point of friction. With every node of regulation we remove to promote innovation, new set of problems will emerge that needs to be regulated otherwise system will collapse.”