“To be successful in the future the rate of internal innovation must exceed the rate of
external innovation”
II > EI
1. Computer speed/cost2. Machine learning/deep learning3. Internet Of Things (IOT)4. Robotics5. Augmented reality6. Virtual reality7. Genomic decoding and recoding8. Synthesized medicine
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Recently I was invited to attend an event called the abundance 360. We had about 250 thought leaders from across the world including surrogate Brandon and Larry Page from Google, Elon must, Mark Cuban and Craig Venter who is widely acknowledged as the first person to decode the human genome. During three days together we delved into eight major technological advances that will be massively disruptive to every business on earth.
2023
2045
1900
2015
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For those of you that are not familiar work with the idea of Moore's law, it was discovered by Gordon Moore of Intel who realized that chip speeds double every 18 months and drop in price by 50%. This price reduction and compounding of speed is overwhelming in its implications. For example, by the year 2025 the average laptop computer will have more computing power than the human brain. It is estimated that by 2045 computers will be more intelligent than the entire human race and will basically become independent, self programming and self replicating. This phenomenon is known as the technological singularity.
64 / 82 / 16 / 2664 / 82 / 17 /26
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As another example, if you have wanted to buy something that could do everything my iPhone can do in 1964… Well you couldn't, today's iPhone has more computing power than existed on the face of the earth in 1964. If you would want to buy something that could do everything my iPhone can do the year I graduated from high school, 1982, it would've cost $3.2 billion and been the size of two tractor-trailer trucks. Today you can buy an iPhone for about $700 and put what is essentially a supercomputer in your pocket. However, 10 years from today you will be able to buy something that does everything an iPhone can do today… for five dollars it will be the size of the human blood cell.
3T / 124Q
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Some of you might remember Watson, the computer that competed against the two top Jeopardy winners of all time. With the ability to do 3.8 trillion operations per second, and access to the entire Internet, Watson crushed its competitors. However, at that time Watson was programmed to find "known knowns" in other words things that had a definite answer. Now Watson is being used find unknown knowns. For example doctors recently downloaded 20 million pages of documents on a particular type of cancer and Watson was able to determine which proteins were causing that cancer in 36 hours – a feat that the doctors estimated would've taken a minimum of 10 years of work by a team of imminent scientists.
D-Wave 2: 1,097 Qubits = 3,600 Super Computers / 100M laptops
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Presentation Notes
Here is an example that should hit close to home. As all of you in this room know the Google driverless car is driven about 2 million miles with only a single accident, which was likely caused by the bus not the Google car. Actually, it had been in 11 accidents before that – he was rear-ended eight times, sideswiped twice in one single time you actually caused the accident – but that's when the Google driver had taken it off automatic and was driving it himself. To put it in perspective, that is about 95 white times of driving with only one accident. In just the past few months Ford, Mercedes-Benz and Tesla have all announced extremely aggressive driverless car initiatives. This is a massive change that will dramatically impact your industry.
2,230,275 = 1
2026/236/6
… one-third of jobs will be replaced by software, robots, and smart machines by 2025
• 50 billion connected IOT devices• 27 billion M2M connections• 250 million connected vehicles• 100 million wearable devices• 20 million pieces of clothing• Only 0.1% currently connected
These are the six reasons that they decide to go to, and stay at, the business the company they worked for. Fair Pay – challenging and meaningful work – cool, smart, talented coworkers – a Winning, fun culture – the chance for personal and professional growth – and working for a leader that they respect and admire.
Positive Culture
Fun
Family
Friends
Fair
FreedomPride
Praise
Meaning
Results
The key elements of a winning culture
What are the characteristics of a leader you would willingly follow?
CharacterCharacter
The Leadership Challenge
by Kouzes and Posner
I want a leader who will:
Tell me the TRUTH…Has a clear vision for where
we are going…Has the skills to get us there
successfully…Is excited about going with
me…And will treat me fairly and
support me along the way.
CourageTO THINK BIGTO BE BOLD
To speak the TRUTH
To be… Vulnerable
Communications
CompetencyBooksBook summariesAudio booksAudio book summariesTraining DVDsSeminarsi-Tunes UPod castsBlogsTED.comBigThink.com
Collaboration
Focus meKnow meCare about meHear meHelp me feel proudEquip meHelp me see my valueHelp me growHelp me contributeThank me
Compassion
Contribution
For those who are prepared…chaos brings opportunity
If you have any questions please send a note to me [email protected]
My twitter address is: @AwesomelySimple
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