The smartphone has completely changed how people communicate, collaborate, discover, shop and do all sorts of things. This always-on device is in order of magnitude more powerful than the biggest computers in the 60s and now we carry it with us wherever we go. Smartphones combined with cloud technologies and real-time algorithms, are moving us to a transformation phase as software algorithms will transform traditional businesses be it in retail, banking, construction, education and so on. We are entering times of great disruption. Presentation at Nýherji's AI conference 18.10.2016