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L01 Introduction
The document discusses the rapid technological changes anticipated over the next few decades, highlighting the impact of four industrial revolutions. It outlines the transition from hierarchical structures to networked societies facilitated by advanced technologies like AI and the Internet of Things. Moreover, it emphasizes the transformative effects on various industries, including communication, transportation, and healthcare, necessitating an understanding of technology for relevance in the future.
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L01 Introduction
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- 5. People say wewill experience more change due to technology in the next 2-3 decades than we have in 2-300 years
- 6. The Long View TechnicalRevolutions span generations — 50 to 100 years Source: Carlota Perez 1760 19801780 1800 1820 1840 1860 1880 1900 1920 1940 1960 Arkwright’s mill in Cromford, 1771 Industrialiation Water dams Steam Manchester- Liverpool Rocket line, 1829 Railways Steam Engine Carnegie Bessemer steel, Pittsburg, 1875 Electricity Steel Ford’s model T, Detroit, 1908 Oil Cars Mass production Motion Pictures Phone Photographs Radio Intel örgjörvinn, Santa Clara, 1971 Computers PC Automation Transform societies
- 7. Industrial Revolutions Water andsteam powered factories Second Industrial Revolution Electricity harnessed to power factories, light up houses, home appliances Information Revolution Information technology used to automate processes
- 8. Built on thesmartphone, software and cloud computing — in real-time The Age of Artificial Intelligence, Robotics and Internet of Things The Fourth Industrial Revolution
- 9. A revolution thatis fundamentally changing the way we live, work, and relate to one another Its scale, scope, and complexity is unlike anything humankind has experienced before The Fourth Industrial Revolution
- 10. „Software eats theworld“
- 11. Intelligent Realtime Datadriven AIis here already Life happens in realtime Collects and uses data Software + +
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- 13. PLATFORM FOR NEWSOLUTOIONS A platform for new solutions that are more powerful and more productive — will solve problems that were not possible to solve before Fourth Industrial Revolution
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- 15. 2.3 billion peoplecarry smartphones Source: ITU, a16z, Benedict Evans slides
- 16. People touch theirsmartphone 2.617 times per day
- 17. If you don’thave a smartphone…
- 18. Transformation from Hierarchicalto Networks
- 19. The 20th centurysociety structure was hierarchical – government, companies, any form of communication Coordination cost is high
- 20. The 21st centurysociety becomes a network – software connects individuals Coordination cost drops to zero
- 21. Any business thatis built around a hierarchy with high coordination cost, will be crushed by a networked software solution with low coordination cost
- 24. Lufthansa, founded 1955 Employees:130,000 Airplanes: 283 Easyjet, founded 1995 Employees: 11,600 Airplanes: 313
- 25. Coordination cost inthe 21st Century
- 27. O2O - „Online2 offline“ Digital world connects to the physical world Platforms connect two groups - those offering something and consumers Hosts and guests, drivers and riders, products and consumers…
- 28. The Gig Economy Peoplework for others though platforms — your new boss is software Platform takes care of billing and transactions, ratings and recommendations Uber, Airbnb, Upwork, Taskrabbit, Postmates, Deliveroo…
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- 30. Using computers usedto be: you sit down and use the computer just as any tool
- 31. Today: The computer tells you what todo In real time
- 32. Today: The computer tells you what todo In real time
- 33. Rise of onlineordering and delivery services
- 34. Everybody in a companymust use smartphones — it is the new boss BOSS
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- 36. Thing Smart thing Processors Sensors Software Connected smartthing Processors Sensors Software Source: HBR Farming system Planters Tillers Tractor Harvesters Ecosystem Internet of Things
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- 38. Internet of Thingswhere sensors are used to send data to the cloud to analyze information upplýsingar
- 39. Accelerometer Gyroscope Magnetometer Barometer Proximity Light sensor Touch screens GPS WiFi Bluetooth GSM/CDMACell NFC - Near Field Camera front Camera back Sensors
- 40. Line between Realityand Virtual is getting blurred…
- 41. Augmented Reality iswhere digital is added
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- 44. Work is fundamentallychanging
- 45. Virtual Reality —totally different world
- 46. VR used inEducation
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- 48. A patient isdiagnosed with a rare disease – doctors cannot find the problem Tokyo University Hospital It took an AI system 10 minutes…
- 49. Dr. Watson went tomedical school
- 50. AI is everywhere SearchNews Tracking Translating
- 51. Naural networks istype of AI where Deep Lerning is used The networks are not programmed —they are trained to learn
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- 54. Robotics in the21st century Robots that see, hear and sense Robots that can communicate Powerful machines with software and internet connectivity
- 55. Amazon Fulfilment Centerrobots
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- 58. Tesla cars havedriven billions km on Autopilot
- 59. Cars will becomework or entertainment centers
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- 62. What does thismean?
- 63. Finance Health Retail TransportationEducation ? Whatever… The World is Changing
- 64. WE MUST UNDERSTAND TECHNOLOGY ANDIT’S POTENTIAL TO BE RELEVANT
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