by James Chan
Startup Career Day
“Why the Future Doesn’t Need Us” by Bill Joy for Wired
“The Singularity is Near: When Humans Transcend Biology”, Ray Kurzweil
192 years85 million years
Digitisation & Networking are contributing to economic
growth at a pace outstripping that of Industrial Revolution.
99% of things in physical world not linked to the Internet (yet)..
A.D. 1760 A.D. 1945 A.D. 1982
Atomic, Jet & Space Age
Source: “The Global Information Technology Report 2013 - growth & jobs in a Hyperconnected World” - INSEAD-WEF collaboration
30%.. ..of global Internet revenue 40%.. ..of global Internet net income
Source: “Internet matters: The Net’s sweeping impact on growth, jobs and prosperity” - McKinsey & Company
2.0b connected to Internet.. ..out of global population of 7b
>50% of world’s population live in cities.. ..out of global population of 7b
The Internet matters :: almost every vertical or industry is
either cannibalised by it, or scales with it.
At peak in 1996, 100,000+
staﬀ, US$31B market value
wiped out, bankruptcy
13 staﬀ & US$1B
exit to Facebook in
from printed to
from in-person to
physical media to
person to on-
At peak in 2004,
60,000+ staﬀ, 9,000
from large pallet logistics
to loose-item forward-
Typewriter to Word Processor to Cloud
and many more, moving us from...
Fixed-line to Mobile Telephony to Mobile Data Mass production to mass customisation