Date post: | 13-Jul-2015 |
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Anthony Miller
The Second Half of the Chessboard
DEBUNKING THE MYTHS Speaker 11 of 17
Followed by
Jeff Fletcher
@antmiller1
The Second Half of the Chessboard Anthony Miller – CEO, Lightstone
Specialised Data • Analy<cs • Technology @lightstone_sa • @antmiller1
Time To Wake Up!
1st Industrial Revolu?on 1760s – 1840s
• Transi<on from hand to machine produc?on • Big shiD from wood to coal • Introduc<on of steam power • New iron and tex?le manufacturing processes
• First trans-‐Atlan?c steamship service
2nd Industrial Revolu?on 1840s – WW1
• Large-‐scale iron and steel produc?on • Prolifera<on of railroad, telegraph and (later) telephone networks
• Widespread use of machinery in manufacturing
• Inven<on of the lightbulb • First successful aeroplane flight
Informa?on Revolu?on
Analog Digital
1920s – 1950s Analog Revolu?on
• Television goes main-‐stream • Fully automated telephone switchboards • Con?nuous produc?on lines • Self-‐controlled machine tools displace human labour
• Computerised control using punch cards • Affordable motor cars
1920s – 1950s
Digital Revolu?on
1950s – Today
• Home PCs and video games (1970s) • Prolifera?on of PCs, ATMs, industrial robots, electronic music (1980s)
• Digital mobile phones, digital cameras, the Internet, extensive factory automa?on (1990s)
• Mobile phones explode, SAAS, social media, smartphones, ubiquitous Internet (2000s)
The Tipping Point
The Upward Spiral
1 Digital technology has improved exponen<ally since incep<on – and shows no sign of slacking
2 Data is being generated at a mind-‐blowing, ever-‐quickening pace – and we are just star<ng to scratch the surface of its economic poten<al
3 Ideas and innova?ons tend to build off other ideas and innova<ons – and now more ideas are more accessible to more people
Source: The Second Machine Age by Erik Brynjolfsson and Andrew McAfee; other
The Power of Doubling
Source: The Second Machine Age by Erik Brynjolfsson and Andrew McAfee; other
BeXer, faster, cheaper
Device prolifera?on
“Big Data is like teenage sex: everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it…”
– Dan Ariely
Big Data
It’s all about people
Developing world too
Source: Data from ITU and World Bank
Internet of everything
Source: Cisco
Metcalfe’s law
Compounding ideas
Lots More Tapping In
Source: Interna<onal Telecommunica<ons Union
Internet users per 100 inhabitants
And Set to Explode
Source: Kleiner Perkins Caulfield and Byers: Internet Trends 2014
So what?
Imagine 7 of these...
… by the next World Cup
And Now?
The Fat Cats?
Andrew Carnegie John D. Rockefeller Cornelius Vanderbilt King Edward VII
Mark Zuckerberg Carlos Slim Steve Jobs Harry Oppenheimer
Cecil John Rhodes
Bill Gates Warren Buffek
Porters 5 Forces?
War for Talent?
The thing about smart people is they seem like crazy people to dumb people
Breadcrumbs?
Smart Devices?
Data science?
• “I keep saying that the sexy job in the next 10 years will be sta<s<cians, and I’m not kidding.”
– Hal Varian, Google (2009)
• “Informa<on is the oil of the 21st century, and analy<cs is the combus<on engine.”
– Peter Sondergaard, Gartner Research
Bringing In The Crowd?
1 The world is changing at a pace that none of us can comprehend
2 What was previously impossible may now be cri?cal
3 We must think laterally and quickly to keep up
4 Organisa?on design and people strategy will be cri?cal success factors
5 To the winners will go massive spoils
In summary
Specialised Data • Analy<cs • Technology @lightstone_sa • @antmiller1