Early 2018 Reading List


Update January 22nd: I am adding a book just released to this short list – Shaping the Fourth Industrial Revolution

I’m often asked for book recommendations that aid with future thinking exercises. A good source in 2018 for this type of exercise is Fast Future Publishing, whose goal is to profile the latest thinking of established and emerging futurists, foresight researchers and future thinkers from around the world, and to make that thinking accessible to the widest possible audience. Their innovative publishing model bypasses most traditional publishing channels and accelerates time to market. Two books that I’d recommend for early 2018 are described below, and a new book due out in the spring is also included.

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Milken Institute Health Summit


I had the pleasure of participating in the Milken Institute Health Summit earlier this week. A truly inspiring two days at one of the best run conferences I’ve attended. Great discussions with Pepsi CEO Indra Nooyi, Senators Corey Booker and Ben Sasse, and World Bank Group President Jim Yong Kim. The details and a video of the panel discussion I participated in are included below.

ABSTRACT

One of the most important public health findings in the last two decades is that medical care is far from the only factor in how long people live and the quality of their health. A key step to improving health outcomes for older adults–and reducing the costs to the health-care system–is to better integrate health-care and supportive services with housing and transportation at local levels. This session explores effective methods and solutions that can drive change and result in healthier aging on a vast scale. How can we encourage more communities across the country to make the needs of their older residents a priority as they plan for the future? How do we improve the critical connections between housing, health care, technology, transportation, and urban planning?

MODERATOR: Anand Parekh, Chief Medical Advisor, Bipartisan Policy Center

SPEAKERS

Catherine Anderson, Senior Vice President, Policy and Strategy, United Healthcare Community and State

Frank Diana, Principal, Tata Consultancy Services

Omar Nagji, Lead, Health Partnerships, Lyft

Allison Silberberg, Mayor, Alexandria, Virginia

Pattie Dale Tye, Segment Vice President, Bold Goal, Humana

View the full panel discussion Here.

Technological Socialism and Demonetization


In a recent post titled Demonetized Cost of Living, Peter Diamandis describes how technological socialism (i.e. having our lives taken care of by technology) will drive our cost of living close to zero. A similar case was made by Economist Jeremy Rifkin in his book titled The Zero Marginal Cost Society. Diamandis defines demonetization as the ability of technology to take a product or service that was previously expensive and making it substantially cheaper, or potentially free; removing money from the equation. Demonetized is one of the Six D’s of digital, as described by Diamandis and captured in one of my visuals below.

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Creating a Wellness Ecosystem


I am a firm believer that platform supported ecosystems will ultimately displace our current industry constructs. Given the uncertain nature of this transition, Future Thinking is a critical skill for any leader or organization to embrace. I have used the Driverless Car scenario as a way to describe future thinking and in this case, the progression towards a mobility ecosystem. I did a similar piece on Connected Health, which is likely the early manifestation of an emerging wellness ecosystem. This recent report on The Future Health Ecosystem provides a glimpse into the transition towards this wellness ecosystem. The author describes an expected shift of $1 trillion of the $3 trillion spent on healthcare to new players and business models; which could have devastating consequences for incumbents.

A Forbes article on this recent report looks at the major life transitions that the two largest generations in history are in the midst of – and the profound impact it will have on healthcare. Some of the very interesting findings – and clear drivers of a wellness ecosystem – are:

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The Future of the Professions: Institution 2.0


In a recent book titled The Future of the Professions, the authors describe an emerging paradigm shift in what I view as The Year of Shifts. They see significant change in the way expertise is made available to society, and envision a time when professionals will no longer be the dominant interface between lay people and the expertise required to address their own particular circumstances. The main hypothesis explored centers on a technology-based Internet society, and increasingly capable machines. These machines operating on their own or with non-specialist users, will take on many of the tasks that have been the realm of the professions. They predict an incremental transformation in the short term, with an eventual dismantling of these traditional professions.

This line of thinking fits with the Structural Change enabler as viewed through the lens of transformation in the digital age. It has prompted me to add another future scenario to my scenario visual, this one labeled “Institution 2.0”.

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Future Structures


Some time ago, I did a series on the enablers required to propel organizations into tViabilityhe future. With the passage of time, and after considerable dialog, the time has come to update that point of view. In continuing with this future of business series, the next several posts will provide an updated list and perspective on these enablers. Leaders must effectively manage the exponential forces that drive them on a path to viability. In the absence of a burning platform, the growing gap between these exponential forces and the linear constructs of our day should spur leadership action. Continue reading

Anticipating 2025 – Part Two: The Future of Medicine


Part two of Anticipating 2025 will summarize the second section of the book. This section focused on three broad topics:

  1. Will advancing technology make doctors unemployed?
  2. The future of medicine and the convergence of nanotechnology and biology
  3. Rejuvenation Biotechnology program

It is fascinating to view this section through a disruptive and transformative lens. The acceleration of scientific advancement intensifies the degree and speed of change, thus positioning the type of paradigm shift that we have not seen since the steam engine. As this recent Forbes article points out, even The Acceleration is Accelerating.

The first topics author is Maneesh Juneja, Digital Health Futurist, and Founder of the Health 2.0 London Chapter. In the opening discussion, the author focuses on technology advancement and the future role of doctors. He describes a backward healthcare system that focuses on treatment versus prevention, and the difficulties of solving this problem when there is no profit in prevention. In researching systems from the past, the author looked at ancient China, where it is said that doctors only received payment while their patients stayed healthy. The author then explores the technologies projected to change the practice of medicine:

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