State of Tech 2018

Page 1




80+

Startups launched within large enterprises

650+

Startups accelerated since 2011 - and counting

30.000+

People empowered with the mind, skill and toolset of innovation


Building trust in society and solving important problems


Last year we predicted...


AI is the new UI


Amazon will be shipping more than 10 million Echo smart speakers in 2017


That's 68% of the smart speaker market, which didn’t exist 2 years ago


Everything as a Service


2018: Ondemand economy will be a $57 bln market


A Cadillac for anyone, anywhere, anytime


APIs and robotics will drive business efficiencies


RPA investments hit 200 mn in 2017, and expected 
 to double by 2018


Recoup the investment within 6-9 months


We were right!


Let's begin...


The Netflix effect


Expectations of seamlessness


Shift from the Netflix effect to the Amazon effect


Editorial credit: pianodiaphragm / Shutterstock.com

Alexa: the first smart speaker that talks


Amazon Go; The first truly intelligent store



Amazon: Entering new markets boldly from groceries 
 to movies


Incredibly forward-looking patents


"

Our customers are loyal to us right up until the second somebody offers them a better service. (..) And I love that. It's super motivating for us.

"

Jeff Bezos


Shutting down the entire brick and mortar industry, brick by brick?


December 2017: 50% of US households will have an Amazon Prime subscription


#amazonbuyus New exit strategy for middle-aged businesses


" Do more,

do new things, do things that have never been done before "


Let's change the world


We are living in the best century of human development


Only bottleneck: the speed of human thought


If we can imagine it, we can make it a reality


The State of Tech 2018


Let’s see our world through lenses


How we sustain our planet

How we do business

How we interact with each other

How we take care of ourselves


How we sustain our planet


Renewable Energy Revolution


Governments are rising to the occasion


U.S. states and cities remain onboard with the renewable revolution


Sweden has set its goal to be 100% renewable by 2040


Costa Rica is already powered by 99% renewables


Investments in renewables now far outpacing those in fossil fuels: 2 to 1


Renewable capacity installed in 2016 alone: 161 GW


By 2022: global renewable capacity enough to power India and Japan


Wind 2007: $100 per MWh 2017: $50 per MWh


Solar 2007: $600 per MWh 2017: $100 per MWh


Solar went from virtually 0 GW in 2000 to 305 GW in 2017


In 2017: 
 1 in 2 solar panels installed were in China


Solar roadways
 Solar windows
 Solar clothing


Apple patented solar panels beneath touchscreens


An electricity system without batteries is like a computer without a hard drive


Source: www.spaceinvader.me

Tesla is building 130 MWh battery system for Australia


The electric battery market will grow from 50B to >110B in 2025


Li-ion batteries expected to grow from 33% to 70% of market in 2025


1837: The world’s first electric car. Speed 5 km/hr Range 2.4 km


1996: 
 General Motors released the EV1. Range 160 km


2017: 
 Tesla Model S Range 632 km


Tesla’s market cap is comparable to Ford, despite having only about 1% of the sales

Tinxi / Shutterstock.com


Source: www.daimler.com

Daimler AG: 8bn committed in electric technology


China, UK & France are banning diesel/ petrol vehicles by 2040


By 2025: all new vehicle sales in Norway required to be electric


By 2040: 140 million EVs


2017: 0.2% of world’s traffic 2040: 7%


EVs: every size, every shape


Source: VanMoof

Electric cars, bikes, trams, buses, vans, trucks, drones, even planes.


The smart cities of the new world


Cities only occupy 4% of Earth's land area


By 2030: 60% of the world population will live in urban regions


Targeting action on cities is logistically logical and easier


The goal of making cities smarter is to make them responsive


Cities have to see, think and act


See


The world is moving to 5G in phases starting 2020


How? Using new high end frequencies


Everything connected and communicating in real-time


Think


Smart Cities will use advanced data analytics


CCTVs in all our public spaces


If something happens, it could be bad


Camera's watching, identifying and alerting if something happens



Source: www.theverge.com

Google: Clips the hands-free, always-on, auto-clicking camera


AI detects what's happening, and decides whether it's interesting


NVIDIA, Omnipresent AI: Watchman for the world


Security Concern: Intelligent cameras deployed anywhere and everywhere


ACT


Singapore: Smartest city on Earth


Detecting if people are smoking in unauthorized zones


If people are throwing litter illegally


Smart Mobility to solve chronic congestion problem


Source: NRF, SLA, GovTech, Dassault Systèmes

Virtual Singapore: A dynamic 3D model to run virtual tests


Digital crystal ball that captures what is happening in the city


Source: Sidewalk Labs / www.wired.com

Toronto is building a smart city from the ground up!


How do we do business differently?


"Humanity as a species wears technology as " its true skin Terence McKenna


Fourth Industrial Revolution in full swing


By 2020: IoT investments may exceed $250bn


Source: Tesla

Tesla Gigafactory now officially open for business


" The machine

that makes the machine " Elon Musk


A single factory producing as much as total global battery production today


9 other Gigafactories in the works, and maybe even more in future


Source: Waymo

Digital Twins a term you will hear more of in the near-future


Welcome the era of collaborative robots Cobots


The 3 top messaging apps have surpassed the top 3 social networks


Chatbots reduce customer service costs by 30%


45% of end-users prefer chatbots for primary customer service inquiries


Chatbots will be the new Search interface


By 2025: The Natural Language Processing market is expected to hit 22bn


Expression and emotion tracking


Imagine: 
 a new era of emotion-aware software Money


Pay with a smile


A browser that knows your mood


Discounts when your consumers are excited


Google Sheets and Excel will be AI-enabled

PixieMe / Shutterstock.com


Automatically figuring out the most valuable insights


Meet Codota: auto-complete for entire blocks of code


Cobots on the office or factory floor

iamtui7 / Shutterstock.com


Carmen: a bot that can be 'taught' without coding


Meet the new generation of Household Bots


Supercharging your productivity


As a result, the nature of work itself, is changing


Machines are going to learn and deliver outcomes humans provide


False Alarmism! Total # of jobs has not changed a lot in last 20 years


Experience and Lifestyle designers

Algorithmic Risk Assurance

Cybersec SWAT Teams

MicroTransaction pricing specialist

RegTech Support

Jobs of 
 the future?

Industrial Sustainability Ecologists

Data Ethicists

IoT Mechanic

Smart Contract Lawyers


Let’s talk FinTech


Incumbents are competing less, partnering more


30% of large financial players invest in AI


77% expect to have adopted blockchain by 2020


Major investment areas are:

Payments

Banking

Insurance and Asset / Wealth Management


Major items on the innovation agenda

Ease of use and product/service design

24/7 availability and faster services

Superior customer service

Cost Management


Mobile wallets on the rise


Consumer interest is the primary barrier to adoption


No need for cheques that take 3 days to cash in..


Banking: Too much focus on innovating front-office


New customers are likely to remain "Digital Only"


mBank: focusing on personalization


mBank: Analyzing trends to anticipate customer needs


mBank: Apply for loans and get approved in 30 seconds


Peer-to-peer money transactions


Technology as a transformative force in Insurance


Metromile: pay-per-mile auto insurance


Real-time data to measure behaviour and create customized risk profiles


Lemonade: Making waves in the millennial insurance space


Aligning interests to prevent fraud


The rise of blockchain applications


2017: over $ 1.5 billion invested in Blockchain startups


80% of banks are looking to implement Blockchain


Investors are looking for more use cases outside of finance


Arcade City: connecting supply and demand for ridesharing


MIT wants to award diplomas on the Blockchain


Governments are also looking at Blockchain


Estonia: A suite of ecosystem services

"Data Embassy"


What if Estonia released its own cryptocurrency?


Cryptocurrency: no longer a private sector issue


China banned token sales and local exchanges


85% of Bitcoin trading comes from China


What will the world of money look like in 2040?


Many issues are just technological challenges


Cryptocurrencies Dollarization 2.0


Leveraging the low cost of power to mine Bitcoin and Ethereum


Global P2P microtransactions greater than local B2B/B2C transactions


Cryptocurrencies: providing speed and volume without barriers of delay or fees


New companies with decentralized 
 P2P equity


Smart contracts will democratise power in decisionmaking


Are ICOs the new IPOs?


Cyber Security: things are getting very serious!


A connected world = more opportunities for hackers


No one is safe


Cyber crime manifests itself in roughly 4 ways


User Privacy


More personal information on public social networks


AI can guess an individual’s sexuality from just one image


Available to public: the personal voting preferences of 198 million voters


Data-driven campaign crucial in debate and voter turnout


Misinformation


Source: www.apple.com

iPhone X with revolutionary FaceID system


Source: www.appleinsider.com

Map voices and expressions onto faces of people of authority


Converting audio files into realistic mouth movements


Theft


Cybertheft predicted to rise ~60% in 2018


Q3 of 2016: 18 million new malware samples captured by Panda


Intellectual property theft is hot


Equifax was breached twice in 6 months exposing 143 million people


WannaCry attack: affected more than 400.000 machines, 150 countries within 24 hours


IBM study: Average damage $ 3.6m per breach


North Korean hackers attempting to steal bitcoin


Cryptojacking: if hackers can't steal from banks, they will robb homes


Infrastructural breaches


Software can now shutdown and damage real-world critical infrastructure


December 2015: Ukraine's largest TV broadcaster hacked


It impersonated an antivirus scanner


2016: Kiev, major power station hacked


The calm before the storm: a cyber hurricane could be on its way...


add speaker notes intro chapter 3 +srivatsa@gmail.com

How do we interact with each other?


Technology is changing our very civilization


What is the effect of this global mixing of cultures and ideas?


Online dating is changing our society


People are more exposed to others with similar interests


Number of interracial marriages significantly jumped when Tinder was released


Consumer technology increases the capabilities of a individuals


Universal remote control to change the world


What is the difference?


2.2 million different functionalities for your personal remote control


Home / Office

Food/ mobility

Media

Online Shopping

Travel

Meeting People

Learning

Business/ leisure

Society


Corporates (like IKEA) are catching onto the trend


"What can I solve?" instead of "What can I sell?"


We are the last generation that knew life before the Internet.


Human-Human

How do we take care of ourselves?


Digital health is " moving from a curiosity, to a research tool, to an actual mainstream, accepted clinical tool

"

Corey Bridges, LifeMap CEO


Healthcare continues to be reinvented


72% of US internet users acquire healthrelated information online


Skype a doctor ondemand


Discuss personal issues with a virtual therapist right on your phone


Giving advice for understanding and managing stress and anxiety


Proactive health systems: predictive maintenance for humans


2021: 
 there will 240 mn health trackers sold in the wild


Google and Levi's are collaborating on a smart jacket


CRISPR molecular scissors for gene therapy


Successfully treated genetic blindness


Switching genes on and off 
 with light


Our best tool in the fight against cancer


We can now genetically engineer human embryos to our design


Can humans 
 live forever?
 Shouldn’t we try?


Are we playing God? Should we be?


Our Predictions


AI will be like electricity, It will be everywhere


Rapid rise in machine learning methods, 
 huge demand for data scientists


Dedicating core teams to deal with potential and implications of AI


AI could contribute almost 16 trillion to the global economy by 2030

Source: https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html


Humanity 2.0 is coming


Forget 
 Augmented Reality

Think
 Augmented Humanity


Our incredible ability to imagine and invent ways to hack the world


Image humans no longer as naked apes, but as cyborgs; Man + Machine


Google Glass may have disappeared but it's back with a new vision


Apple has officially incorporated support for Augmented Reality applications


Source: Google

Realtime translation of 
 foreign languages


Our technology will be co-pilots, not auto-pilots


Shifting to a world of zero UI


The trend is to move away from apps, again!


Screenless interactions with your product


How else will we interact with the world?


How will the world interact back based on our moods?


AI is the new electricity

Humanity 2.0 is coming

Entering the world of zero UI


“Only the paranoid survive”
 
 Andy Grove, Intel




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