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Isle of Man Grand Challenge - Singularity University Knowledge Transfer

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As winners of the Isle of Man Grand Challenge, Andrew and I have prepared some slides with some of the concepts and ideas gleaned from Singularity University with particular reference to improvements …

As winners of the Isle of Man Grand Challenge, Andrew and I have prepared some slides with some of the concepts and ideas gleaned from Singularity University with particular reference to improvements we can drive in the Manx economy.

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  • Convergence will fast track sectors. Growth and decline become non-linear.
    Lots of industries and businesses will be blind-sided by disruptive events
    Clustering events, indicators precede inflections and cross-impacts - Paul Saffo
  • 100% of new jobs in last 30-40 years have come from startups
    More opportunity than ever for a small company/org to leapfrog everyone else than ever before
    Massive leverage from today’s technology
  • Don’t try to catch up, try to leapfrog - Estonia did this with great success!
    The economy is about innovation. The ones who embrace its inherent uncertainty will be the ones who prosper.
  • Reduce the pressure to encourage inward flow: essentially what low tax/incentives do.
    Change policy to enable things to happen when others won’t e.g. MatterNet, drones, self-driving cars…
  • Transcript

    • 1. Isle of Man Grand Challenge How can we remain relevant in a world that’s changing faster than we can comprehend?
    • 2. Exponential Technologies • Artificial Intelligence • Robotics • Biotech • Manufacturing • Computation / Networks • Synthetic Biology • Digital Medicine
    • 3. Our Advantages • A need and desire to innovate • Natural resources / environment • Agility, size and access to regulators • • Natural size for serendipity No legacy • Be cutting-edge, ignore the rest
    • 4. Focus • Supporting environment • Education • • Computer use is not literacy Change attitudes and culture • Positivity + entrepreneurship • Healthy attitude to risk and failure
    • 5. Focus • Fertile and attractive for startups • Don’t penalise failure • Access to capital • Focus on global opportunity • Incentivise graduates
    • 6. "Borders are porous" People, ideas, finance, jobs ... can flow in or out What influence can we apply?
    • 7. Links • Bits and Billions - A blueprint for high-impact digital entrepreneurship in the UK • Lessons from the World's Most Tech-Savvy Government • Paul Graham’s Essays • Why Silicon Valley Can’t Find Europe (TechCruch)
    • 8. iomgrandchallenge2013.tumbl r.com #iomg c http://goo.gl/MC86Ow
    • 9. “Being afraid to fail is almost a guarantee of putting a glass ceiling on the success that can be achieved.” Dr Astro Teller “Captain of Moonshots” @ Google [X] BBC 24 January 2014