You may not realize it, but technology surrounds you wherever you go, especially if you are in the 80 percent of Americans living in cities. We have had computer systems connected to public networks for decades now, but a new trend toward creating “smart cities” is pitting technological developments as solutions to age-old problems like traffic congestion, energy efficiency, and urban planning.
One of the greatest errors made by opponents of free economies is to disparage and attack the idea of private capital. Without capital, production is only about immediate consumption, not about building for the future. You cannot have a complex economy with advanced technology, rising wages, and many stages of production, in the absence of capital, which requires security in private property.
This week I had the honor and privilege to moderate Singularity University’s Executive Program; a one week deep dive into exponential thinking, technology, disruptive change and the global grand challenges.
We’ve heard a lot about Bitcoin and smart contracts lately. “Blockchain” more generally has been widely hailed as a “game changing” technology: Venture capital has poured 100s of million into start-ups providing services that either directly interface a certain blockchain (e.g. wallet services) and their interplay with the rest of the world (e.g. currency exchanges, payment services), or that pursue novel applications of blockchain-based solutions.
Hop into an Uber in Los Angeles and you’re likely to find that your driver is an out-of-work actor, bemoaning the difficulty of chasing the surge. The gig economy in the US is fraught and controversial: for every article lauding it, another article complains; for every actor making a buck driving Uber, someone else is using Uber to transport cocaine.
If you believed the pundits, 2016 was when the tech bubble would finally burst. Not surprisingly, we saw the opposite. Now we are almost a quarter of the way through 2017, and it’s clear the growth in technology continues. In fact, the most recent ADP jobs report showed 25,000 new information-related jobs were created in February.
Microsoft is out to make headway in the realm of connected cars. The markets for cloud-based solutions are only set to rise for the foreseeable future. In-car connectivity forms a massive part of that growth and leading Microsoft into the auto space is the company’s groundbreaking Azure Cloud. Microsoft is now partnering with Tata and Toyota in order to bring its take on in-car services to the fore. It is a considerable move for the Azure maker which has wanted to further itself in the auto industry for the longest while.
You may not be aware of this, but Microsoft recently forged the first partnership for smart car services with an Indian company. The venture will see the software giant create cognitive and artificial intelligence platforms for Tata Motors.
Here are some incredibly smart people that are pushing boundaries and/or doing some incredibly inventive things in emerging technology and other areas. Whether it's healthcare, news or immersive technologies - these are the people you'll be hearing a lot more from - collaborate with them now and be a bigger part of the future.
Regulators from across the globe have admitted that laws and regulation governing fintech have not moved in sync with technological advancements and steps must be taken to avoid tendencies to “jump in” and “imagine the worst”.
In a celebrated 1995 article in Newsweek, astronomer Clifford Stoll blasted Internet visionaries. “Do our computer pundits lack all common sense?” he asked. “The truth is no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works.”
Have you felt a little depressed lately about the state of the world and wondered where it might all be going? Take it from me, go spend a couple of weeks in Australia and you might find yourself regaining your optimism for the world once again!
KMPG just released part one of its Changing Landscape of Disruptive Technologies 2017 publication series, Global Technology Innovation Hubs. In the report, KPMG discusses the cities, countries, people and companies that are driving innovative development around the world. The report is based on data gathered from KPMG’s annual survey of over 800 global technology leaders, from start-up entrepreneurs to Fortune 500 executives. Here’s a quick summary of the report.
Driving up network speed, reducing cost, saving power, expanding capacity, and automating management become crucial when you run one of the world’s largest cloud infrastructures. Microsoft has invested heavily in optical technology to meet these needs for its Azure network infrastructure.
For the first time in history, more people live in urban areas than rural areas. About 55 percent of the world’s population now lives in cities, where economic activity generates 86 percent of global GDP. By 2050, the number of people living in cities are expected to swell to include 70 percent of the world’s population.
We live in an age of technological acceleration where new ideas, new channels and disruptive technologies appear to be coming at us exponentially faster. The two most commonly cited answers to the challenge of dealing with the resulting shortened product and technological life cycles is to “disrupt yourself” or to “innovate more”.
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