WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation

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"Tech questions for 2022" by @benedictevans may actually provide the answer to #digitalDisruption

"Tech questions for 2022" by @benedictevans may actually provide the answer to #digitalDisruption | WHY IT MATTERS: Digital Transformation | Scoop.it
From www.ben-evans.com - January 10, 2022 6:35 PM

Sometimes the centre of gravity in tech is very clear, but as we enter 2022 there are lots of areas where trillion dollar questions are wide open. These are the questions I wonder about today, from crypto to cars to fast fashion - there are others.

Farid Mheir's insight:

WHY IT MATTERS: this list of technology questions for 2022 feels like an answer to the question "what is digital disruption?".

We have reached a moment in time where old technologies - eCommerce or videoconferencing for example - are finally breaking into established industries. And the impact, at scale, cannot be found in technology but rather in every single industry it disrupts.

Very thoughtful piece, very good questions.

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Ten Year Futures: a presentation on the state of technology and what's likely to happen in the next decade #AI #mobile #innovation #blockchain HT @benedictevans

Ten Year Futures: a presentation on the state of technology and what's likely to happen in the next decade #AI #mobile #innovation #blockchain HT @benedictevans | WHY IT MATTERS: Digital Transformation | Scoop.it
From www.ben-evans.com - January 29, 2018 6:22 AM

Keynote at Andreessen Horowitz's annual 'Tech Summit' conference, talking about the state of tech today and what's likely to happen in the next decade: mobile, Google / Apple / Facebook / Amazon, innovation, machine learning, autonomous cars, mixed reality and crypto-currencies.

Farid Mheir's insight:

WHY IT MATTERS: Benedict Evans from a16z always manages to summarize exactly where we are and where we are going. This presentation is a must see.

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Ryan Smith's comment, January 29, 2018 6:44 AM
Its Exciting to experience the future.
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Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst

Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst | WHY IT MATTERS: Digital Transformation | Scoop.it
From www.weforum.org - December 21, 2017 6:52 AM

Disruptive technologies are transforming all end-to-end steps in production and business models in most sectors of the economy. The products that consumers demand, factory processes and footprints, and the management of global supply chains are being re-shaped to an unprecedented degree and at unprecedented pace. Industry leaders who were consulted believe that new technological solutions heralded by the Fourth Industrial Revolution – such as advanced robotics, autonomous systems and additive manufacturing – will revolutionize traditional ways of creating value. As the costs of deploying technology continue to fall, international differentials in labour costs will no longer be a decisive factor in choosing the location of production.

The resulting greater spatial and temporal flexibility brought about by technology will bring locations of production and sale closer together, and drive major changes in the design of future value and supply chains. These trends will change the shape and form of globalization, and thereby impact the trajectory of goods. Regional and local flows will become more important, to the detriment of intercontinental trade.

Farid Mheir's insight:

WHY IT MATTERS: the world economic forum keeps putting out great reports on the impact of digital transformation. I love the illustrations, great summary of key trends and their adoption. Must read.

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Jeff Bezos: The electricity metaphor for the dotcom boom and Internet - This can apply now to #AI #bitcoin #blockchain #TED

From www.youtube.com - December 13, 2017 12:59 PM

The dot-com boom and bust is often compared to the Gold Rush. But Amazon.com founder Jeff Bezos says its more like the early days of the electric industry.

Farid Mheir's insight:

WHY IT MATTERS: I've used the electricity metaphor many times before to explain the digital transformation potential impact on businesses. Jezz Bezos here gives us a great presentation that I believe also applies to more current technologies that are artificial intelligence and the blockchain. Well invested 15min video (or 7.5min at 2x speed ;-)

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Where is technology taking the economy? #weekendReading #bleak @McKinsey

Where is technology taking the economy? #weekendReading #bleak @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it
From www.mckinsey.com - November 18, 2017 6:22 AM

Erik Brynjolfsson and Andrew McAfee of the Massachusetts Institute of Technology point out that when automotive transport arrived, a whole group of workers—horses—were displaced, never to be employed again. They lost their jobs and vanished from the economy.
I would add another historical precedent. Offshoring in the last few decades has eaten up physical jobs and whole industries, jobs that were not replaced. The current transfer of jobs from the physical to the virtual economy is a different sort of offshoring, not to a foreign country but to a virtual one. If we follow recent history we can’t assume these jobs will be replaced either.

Farid Mheir's insight:

WHY IT MATTERS: the article very well sums up the changes that will impact us all - and the conclusion is bleak. When production is plentiful, very few have jobs. Having access to what is produced becomes the issue - if you don't have a job, you don't have the means to buy what gets produced. We will enter an era of social tensions and can only hope it will not be resolved in a 3rd world war.

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