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.
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…
Isle of Man Grand Challenge - Singularity University Knowledge Transfer
Isle of Man Grand Challenge
How can we remain relevant in a world that’s
changing faster than we can comprehend?
A need and desire to innovate
Natural resources / environment
Agility, size and access to
Natural size for serendipity
Be cutting-edge, ignore the
Computer use is not literacy
Change attitudes and culture
Positivity + entrepreneurship
Healthy attitude to risk and
Fertile and attractive for startups
Don’t penalise failure
Access to capital
Focus on global opportunity
"Borders are porous"
People, ideas, finance, jobs ...
can flow in or out
What influence can we apply?
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)
“Being afraid to fail is
almost a guarantee of
putting a glass ceiling on
the success that can be
Dr Astro Teller
“Captain of Moonshots” @ Google [X]
BBC 24 January 2014