National Assoation of Corporate Directors Meets Trends at CES
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The pace of technological change can seem daunting to board members making decisions of where to put their attention. This presentation looks at overall trends and then digs down industry by industry.
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National Assoation of Corporate Directors Meets Trends at CES
- 3. Press Conference January 2019 LIVING IN DIGITAL TIMES • The Retailization of Lifestyle • IoT: A World of Machines in Conversation with Each Other • Smart Homes to Take Care of You • AI/Machine Learning = Unprecedented Amount of Data, Winners Make it Actionable • AR/VR: Immersive/Personalized Experiences • Bye-Bye Keyboard and Screen • The Digital Diet: Healthy Balance of Tech and Life • The Digitization/Personalization of Everything • All Tech is Political: Decentralization and Privacy in 2019 2019: THE BIG PICTURE
- 4. Press Conference January 2019 LIVING IN DIGITAL TIMES Sleep Deprivation is Driving Innovation Mattresses Get Smarter Tech Delivers Enhanced Sleep The Irony of Vegas? Sleep Tech @ CES Grows 20%
- 5. Press Conference January 2019 LIVING IN DIGITAL TIMES Digital Health The Doctors: Personalized Medicine, Digital Therapeutics, Neuromodulation, AI diagnoses and predictive prevention Voice, AI, VR and AR= assistants Telehealth
- 6. Press Conference January 2019 LIVING IN DIGITAL TIMES New Consumer Control: Hearing Aids, Glasses, Caregiving, Monitoring, Aging in Place Voice = Companionship, Information, Renewals, Biomarkers RETAILIZATION OF HEALTHCARE
- 7. Press Conference January 2019 LIVING IN DIGITAL TIMES2019 SPORTS AND FITNESS TRENDS 2019 TRENDS: Training with Sensors Live Stream Coaching & Classes Home Gyms go Hi-Tech AI and Connected Coaching E-Sports, Betting, Fandom
- 8. Wearables: Health, Fashion, Embedded Fabrics, New Interfaces The disappearing wearable New textiles with embedded silicon Changeable/Adaptable Clothing
- 9. Press Conference January 2019 LIVING IN DIGITAL TIMES Preparation for 21st Century Workplace Disappearance of Screens (Nervous Parents) Price Sensitivity More public play spaces for things like VR Tech is part of play, not the reason for it KIDS Trends
- 10. Press Conference January 2019 LIVING IN DIGITAL TIMES Connected/Convenient Protection/Security Human Touch Services Intergenerational 2019 FAMILY TRENDS
- 11. Press Conference January 2019 LIVING IN DIGITAL TIMES THEIR EXPERIENCE 2019 RETAIL TRENDS YOUR DATA PERSONALIZATION
- 12. Press Conference January 2019 LIVING IN DIGITAL TIMES The Retail Ecosystem 2019 RETAIL TRENDS E-commerce is still only 19% of the total retail Personalization --- within branded limits VR before hammer or nail Voice vs. Visual Search Online stores go physical Mistake Proof Shopping Experiential Shopping Robots at Retail A retail ecosystem based on smart tagging and contracts
- 13. Press Conference January 2019 LIVING IN DIGITAL TIMES Changing World of Payments: Are you in Vegas with No Cash? No Problem! Security and Digital ID Top of Mind The Year of Unattended Payments Robochats & Voice Elevate Humans to High Touch AI Predicting Everything from Fraud to Best Loan for You at the Right Time Growing the Ranks of the “Banked” Fintech & Banks Make Peace 2019 MONEY TRENDS/Fintech
- 14. Press Conference January 2019 LIVING IN DIGITAL TIMES Questions for the New Year: Will the next Wikipedia, Facebook or Spotify be Blockchain/Decentralized? Will Crypto Winter Turn into Crypto Warming? Have we weeded out the “fakes”? Are ICOs a Thing of The Past? Tech Disrupted Everything Else, Why is Money Taking so Long? 2019 CRYPTO TRENDS
- 15. Press Conference January 2019 LIVING IN DIGITAL TIMES Machine-to-Machine Commerce 5G and New Payment Experiences Stable Coins Safety and Trust in Your Wallets 2019 Future of Money
Editor's Notes
- This is the sizzle video
- Over the counter hearing aids, glasses online, personalized fitness, shoes, outfits Whirlpool can buy dishwashing liquid , Samsung can buy groceries, JD.Com using robots on campus, Car will buy gas…. We’ll move from you and your IOT to IOT in conversation with itself. Smart Home could alert, but now it can predict. Some have services attached. Some learn behaviors and predict accordingly.. Generation interested in sandwich. Wrong inferences can do serious damage or cost you money. “Orange shirts are selling” buy more. But it was because a football game wasin town. AR /VR meet AI – YouCam example first they could show you something different, not they can analyze and predict. Alexa, Google Home and voice now available in nearly half of US homes – fastest trajectory of adoption, next up? Haptic and gestures Timers to let us know how long we’ve been online, Trim to cut excess usage, dumb phones --- tech will try to manage tech Currency – last bastion of non digitalization. Personalized medicine, clothing, makeup – to a degree Facebook, Google, Amazon – think back to deregulation of AT&T we’re in a similar situation with power centralized. AT&T was divested; IBM was not…. My belief is that businesses will be forced to divest
- Sleep was the new sex in Vegas. This area of the show grew fastest along with Smart Home. Think about how to make mundane products smarter. Think about why knowing how much you sleep could be anxiety producing too.
- DNA testing on the show floor AN app not an aspirin Electroshock treatment .. Just more targeted Genetic or environmental predispotion towards something --- computers are gobbling up the worlds medical intelligence. Doctors assistants – in the ideal world they’ll free doctors up for more patient time….. Telehealth—stop unnecessary trips to doctor, relieve pain points to overcrowding and overworked. Can you make it so that doctore are freed do to the important stuff?
- We talked about retailization as a big theme but nowhere is it as obvious as wth healthcare.
- Again – sensors have monitored training devices and provide you data, but now they need to provide actionable personalized data. Think abot Peleton – they got it right. You sit at home but you are taking classes with the world. Personalized music, classes, shoutouts… You’re seeing the same for rowing, boxing etc. Gyms and home gyms are catching on – many gyms will now review your body health and custom design a program Physical Rehab also highly tech Massage next? I think so. Deep tissue or Swedish? Emerging – and quite different are the viewing sports arena . . Big thing is to encompass the entire fandom from bets, to watching to entertainment. People are watching other people play video games.
- Wearables – a move towards invisibilty of gadgets… tiny, woven circuits, embedded fabrics. Sensor filled garmets , skin projections
- Kids – no screens, coding, AR but not VR yet – great vr promise
- IoT appliances that learn and notify. Intergenerational
- Personalization – shoes Unattended shopping? Whill the novelty wear off? Experiential shopping – will the novelty wear off. Or is the right shopping at the right time These unattended stores work with a comibiation of cameras, smart tags and scanning Blended experience Retail – why beauty, fashion and furnishing are low hanging fruit VR – in public places to draw traffic and in backrooms to create mockups, catalogs etc. Visual – will begin to see changes – search for red dresses across brands or “I have long arms, which has long sleeves” Voice – trying to figure it out 12 million connected appliances globally by 2018 – first fridge/freezes, microvwave, dishwasher. 23 million connected appliances worldwide by 2023 IOT especially useful for repeatroutine delvier – diapers, milk, oil tank, Eventually, my toilet orders more paper and my laundry soap comes as needed based on my washing machine’s monitoring,” Archer predicted. In those scenarios, he wonders, who sells you toothpaste: Target? Philips Sonicare? Or Colgate-Palmolive? Delivery – robots, drones, smart lockers
- Fintech --- provides a human interface to the instituational experience … evolution vs. revolution For board members it’s going to mean rethinking loyalty programs, kyc, robos vs non robots, secure
- Will be the year it gets regulated or US will lose out to other countries. Big issue is how to think of crypto – as a stored token for money, as an investment like a stock, as a loyalty system ---
- Your brand needs to stand for something 1st generation students, great parents, lucky to meet mentors
- 19 years of the audience knows best --- this is how we end the show, mixing entertainment and education Tend to be more practical