Tomorrow I am in Rotorua speaking at the Woodflow WoodTech Conference. My brief is to provide a holistic view of how rapidly changing technology is changing the way we do business. As I dusted off an exponential technology presentation that I delivered two years ago, it was quite amazing to review the predictions.
In 2016, a quarter of the world had a smartphone and it was predicted that by 2020 half the world would have one. However in 2018, smartphone penetration hit 66 percent. The average smartphone is now at least a million times faster than the computer that put man on the moon!
Genome sequencing cost thousands of dollars in 2016, but this is now as low as $450. Solar power is now equivalent to gas and coal power in the USA. At the same time, while robotic surgery was underway in 2016, its mass uptake has been slow as doctors struggle to access training. Recently, driverless cars got a bad rap for two crashes that resulted in deaths in the USA. However, in the months between the two crashes, over 40,000 Americans crashed their cars and died.
Updating this presentation reminded me that we still struggle to comprehend how fast technology is changing the world we live in. It appears that many of the challenges are not related to the technology, but to our laws and human expectations.
I certainly don’t know what the future will bring, but what I do know, is that it is better to embrace and help shape it, rather than simply pretend it isn’t happening.
In addition to this week’s WoodTech event, I will be attending the IoT Alliance board meeting, a cybersecurity workshop, the NZBio special general meeting and the ICT Grad school board meeting. Keeping busy trying to help New Zealand become more prosperous underpinned by technology.
Have a great week