James Duez will give a talk at the Future of Norfolk 15 conference on the disruption of the past ten years and where technology is heading by 2025. Some of the key technologies that will shape the future include mobile internet, automation of knowledge work, the internet of things, cloud technology, advanced robotics, autonomous vehicles, genomics, energy storage, 3D printing, advanced materials, advanced oil and gas exploration techniques, and increased renewable energy generation.
15. 1. Mobile Internet
Increasingly inexpensive and capable
mobile computing devices and Internet
connectivity
2. Automation of Knowledge Work
Intelligent software systems that can
perform knowledge work tasks involving
unstructured commands and subtle
judgments
3. Internet of Things
Networks of low-cost sensors and
actuators for data collection, monitoring,
decision making, and processes
4. Cloud Technology
Use of computer hardware and software
resources delivered over a network or
the Internet, often as a service
5. Advanced Robotics
Increasingly capable robots with enhanced
senses, dexterity, and intelligence used to
automate tasks
6. Autonomous Vehicles
Vehicles that can navigate and operate
with reduced or no human intervention
7. Genomics
Fast, low-cost gene sequencing, advanced big
data analytics, and synthetic biology (“writing”
DNA)
8. Energy Storage
Devices or systems that store energy for later
use, including batteries
9. 3D Printing
Additive manufacturing techniques to create
objects by printing layers of material based on
digital models
10. Advanced Materials
Materials designed to have superior
characteristics (e.g., strength, weight,
conductivity) or functionality
11. Advanced oil and gas
Exploration and recovery techniques that make
extraction of unconventional oil and gas
economical
12. Renewable energy
Generation of electricity from renewable
sources with reduced harmful climate impact
Notas do Editor
Sales of smartphones and tablets have grown 6 x since launch of iPhone in 2007
It’s not just about disease -
100 x Increase in acreage of genetically modified crops, 1996–2012
They are licensed for testing on UK roads this year as long as they are duel control and a sober driver is behind the wheel.
Fracking may be contentious but it’s big business.
Nearly 20 x Growth in solar and wind generation capacity since 2000
Where we are is staggering when you think about it, but let’s consider where we will be in ten years.
There are 4.3 billion people remaining to be connected to the Internet, potentially through mobile Internet
Currently $1.7 trillion GDP related to the Internet
Internet is:
evolving rapidly
more accessible
driving more applications across businesses and the public sector,
more efficient delivery of services
creating many opportunities to increase workforce productivity [warning sign]
In developing economies, the mobile Internet will bring billions more into the connected world.
Today, a human genome can be sequenced for a few thousand dollars and in a few hours.
With the work Optalysys is doing, that might come down to 60 seconds.
The next step is synthetic biology—the ability to precisely customise organisms by “writing” DNA
Profound impact on medicine, agriculture, biofuels and drug discovery.
Consider:
26 million - Annual deaths from cancer, cardiovascular disease, or type 2 diabetes
2.5 billion - People employed in agriculture
—————-
$6.5 trillion - spent in health-care costs
$1.1 trillion - the global value of wheat, rice, maize, soy, and barley
It is now possible to create cars, trucks, aircraft, and boats that are completely or partly autonomous.
From drone aircraft on the battlefield to Google’s self-driving car to fork lifts and mining equipment.
Autonomous cars and trucks could enable a revolution in ground transportation—regulatory and public acceptance permitting.
Even if not fully adopted… there is value in systems that assist drivers in steering, braking, and collision avoidance
The transportation industry is the world’s biggest employer.
The combination of horizontal drilling and hydraulic fracturing makes it possible to reach oil and gas deposits that were known to exist but that were not economically accessible
Eventually advances could even unlock new types of reserves, including
coal-bed methane
tight sandstones
methane clathrates
-potentially ushering in another new energy “revolution.”
By 2025, only 16% of energy consumption will be renewable.
You will see that one of the largest areas of disruption is the automation of knowledge work. This has the potential to disrupt the labour force to the tune of 140 million workers. Business that embrace artificial intelligence and other forms of automation will thrive.
Those that don’t will struggle.
Let’s see the list of the top 12 disruptive technologies by impact to the global economy?
I have a question for you to ponder on:
There is a proliferation of start-ups that are coming for traditional businesses, creating new models and disrupting markets.
They can innovate fast - some like Rainbird benefitting from start-up accelerators and the availability of cloud-based technologies - that mean they can be a start-up on a Monday and have the infrastructure of a bank by Friday.
How will your business maximise the opportunity to embrace new technology and innovate - to stay ahead over the next ten years?