WHY IT MATTERS: Digital Transformation

WHY IT MATTERS: a very good update on wearables digital monitoring technologies. Not surprised to see the explosion of sensors, solutions and metrics monitored.

WHY IT MATTERS: another hype cycle, but with 2 important trends: composite architectures and digital me. In that context I wrote qui a bit about this years ago. See here for example: https://www.linkedin.com/pulse/pyramid-digital-needs-farid-mheir/

WHY THIS IS IMPORTANT

The video is short and provides very good explanation of how the AI can pass the University entrance exam without understanding a thing. Nevertheless, I find this amazing because once AI learns something, or acquires a skill, *every* other AI can benefit from it. As opposed to humans who *individually* have to learn new things for themselves. Thus, we can expect AI to learn at an exponential rate and become truly "intelligent" very rapidly. This example should be a wake up call for all of us.

WHY THIS IS IMPORTANT

Tata Consulting CTO Franck Diana consistently raises interesting trends and forecasts. here, I find useful his mapping of well-being to innovation (mostly technological innovations that fall in the digital transformation/disruption world). I plan to reuse this grid in my work and analysis.

WHY THIS IS IMPORTANT

Digital transformation often starts with innovative new technologies. This technologies has been in development for many years and thus we should keep them on our radars for when they spring out of the lab as commercial products. Not just yet though but keep that in mind when strategic plans are being drawn...

WHY THIS IS IMPORTANT

You have to trust companies and manufacturers with your private data to interact with them or use their products. What are people who distrust those companies doing? Not buying on Amazon? Not buying a smartphone? I guess not.

WHY THIS IS IMPORTANT
Wearablesbubble has burst in recent months, when the hype of Apple watch has died down. But this technology remains important but still looking for the killer app, better battery life and lower price point. Expect this to reappear within a few year with, possible a low cost device with lots of sensors and a battery life of many days.

WHY THIS IS IMPORTANT

More insights on wellness and fitness from social media and big data. Here what is important to note is how we can extract knowledge from information that people share on social media. With more and more wearable devices and internet connected devices like refrigerators, cooktops, and water bottles, it is clear that more and more insight will be gathered from our digital exhaust.

More insights:

- more on the digital twin and digital exhaust: fmcs.digital/blog/digital-twin 

- the website with all the data: panometer.org/instruments/lexicocalorimeter 

- twitter can also help predict happiness: hedonometer.org/index.html 

- the research paper: arxiv.org/pdf/1507.05098.pdf 

- lapresse+ article (in french): plus.lapresse.ca/screens/d09ef280-9b06-4fe5-935c-4155336ef100%7C_0.html 

WHY THIS IS IMPORTANT

Wearing a device such as a fitbit does something way bigger than providing you with insights: it provides a HUGE trove of data to be mined for trends and insights. I wrote about the jawbone big data analysis in the past, but recently found that fitbit has started to provide a similar service, analyzing data its millions of devices capture every day.

More insights:

www.fitbit.com/fitscience

fmcs.digital/?s=jawbone 

WHY THIS IS IMPORTANT

Expect to hear more about security threats and fears in the coming years. In the digital world, I suggest that there is a "hierarchy of digital needs" (see the pyramid of digital needs fmcs.digital/blog/pyramid-of-digital-needs/) and that if we do not feel secure in the digital world, we will not be able to leverage the different tools and solutions available to us. In fact, the research shows that our fears are exacerbated when we are not in control, which is the case for most people as they do not fully understand digital technologies (layer 1 in the pyramid) and do not feel secure (layer 2).

"...many things affect how we perceive risk:

• do you trust the person you are dealing with
• control vs. lack of control (lack of control inflates risk perceptions)
• is it catastrophic or chronic (catastrophic inflates risk perceptions)
• does it incite dread or anger (dread inflates risk perceptions)
• uncertainty (lack of knowledge about something inflates risk perceptions)

“Most people do not distinguish well between a one-in-a-thousand risk and a one-in-a-million risk,” said Mark Egan, an associate advisor at the Behavioral Insights Group in London.

Mozilla has always been promoting Internet security and privacy and this new report paves the way for a very interesting ongoing look at key elements of the public Internet.

Perfect Sunday morning reading which is guaranteed to make you reflect and ponder for the next weeks. The article is a typical New Yorker one, very well researched and written. So captivating that it got me to start reading the book which appears to be as captivating and surprisingly easy to read and understand. I love those finds and have the feeling this book will be the best complement to "Singularity is Near" and "On Intelligence" that I wrote about in the past.

- book "singularity is near": http://fmcs.digital/blog/singularity-is-near-an-essential-read-to-understand-why-technology-evolves-so-fast/ 

- book "on intelligence": http://fmcs.digital/blog/on-intelligence-mustread-to-understand-frontal-cortex-architecture-what-makes-us-intelligent/ 

- article "Why the future does not need us": http://fmcs.digital/blog/why-the-future-doesnt-need-us-a-reminder-that-ai-may-have-a-bad-side-via-wired/ 

- related posts: http://www.scoop.it/t/digital-transformation-of-businesses/?tag=Singularity+is+Near