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TRANSCRIPT
The Age of Symbiosis:
Thriving in the Digital Ecosystem
AvasantKevin Parikh
Founder and Global CEO
sig.org/summit
© 2016 Avasant LLC. All Rights Reserved.Proprietary and Confidential. No part of this document may be reproduced in any form or by any electronic or mechanical means,including information storage and retrieval devices or systems, without prior written permission from Avasant LLC.
Wednesday, March 15, 2017
A Case for Humanity
The Journey to Digital Singularity:
Kevin S. Parikh, CEO, Avasant
3
The Journey to Digital SingularityDigital Singularity is the point where technological omnipresence
and the human experience converge
A Case for Humanity
Digital Singularity will free humankind to achieve greatness
and reach our true potential
Technology will End Humanity
Digital Singularity will unleash
artificial intelligence that will grow
at an exponential rate, and
ultimately surpass humanity
4
Human Experience in a Digital World
1997
2007
2017
2027
Master / Slave
Relationship:Typewriters, fax machines, dial-up modems, pagers,
audiocassettes, VHS tapes, pay phones
Symbiosis:PDA devices, DVDs,
point and shoot cameras, landlines, social networks,
wearables
Singularity:VR goggles, virtual
assistants, 3D modeling, cloud-based CAD,
implants, social media avatars
Boomers:• Success determined by
resource control (i.e. control of technology)
• Slow to innovate
Xers:• Comfortable with
being “equal” in relation to technology
Millennials:• Rapid adopters of disruptive
technologies• Defining patterns of consumption,
definitions of value, and norms of social organization
Millennials
Xers
Boomers
Acceptance of technological omnipresence
5
Journey to Digital Singularity
Hig
h
Low
Technological Omnipresence
Java Development
Testing
Low
Data Analytics & Reporting
Hu
ma
n E
xp
erie
nc
e
Artificial Intelligence
ERP Implementation
Social Media Support
IT Application
Digital Enterprise
Hyper Convergence
Digital Moments
Augmented
RealityCustomer Experience Management
Transboundary
Communities
Digital Twins
Intelligent Automation
Data Architecture
Mobile Everything
Infrastructure solution design
Product
Development
High
Wearables
6
Hyper Convergence
Digital Moments
Digital Twins
Transboundary Communities
Augmented Reality
Digital Enterprise
The Six Indicators of Digital Singularity
7
Hyper Convergence
Unify devices, platforms, software,
and users
Image Credit: https://www.behance.net/gallery/48161423/XXL-FYOUTURESource:Millenial expectations as per AutoTrader 2016 Cartech Impact Study
Summon transportMillennials love their
Smartphones – ‘Smartphone
Never Leaves My Side’
Millennials expect vehicle
technology to do everything a
smartphone can 46%
87%
8
Digital Moments
Fleeting multi-dimensional
opportunities
Interactive ‘Live Pause’ with 360 degree
view and customized offers on screen
Convergence of content, services, and
product over interface (TV)
$21.99
$74.99
$64.99
Live Pause
360O
Visit Store
Retail Sales are influenced by
Digital interactions 86%
Growth in number of marketing
technology companies between
2015 and 201687%
9
Purchasing
Transactions
Work and School
Life
Relationship
Management
Social Communities
Financial
Management
Security
Management
Digital Twins
10
Digital Twins
Image Credits: Institute of Mechanical Engineers, (www.imeche.org)
A living, virtual model of a physical
entity
Growth in personal data points
per person100x
3Megabytes of data generated by a
typical American worker every day
US individuals whose location is
known via mobile phones95%
11
Augmented Reality
VR is for content… AR is for the real world
People willing to pay more for a product
they can experience in AR
Logistics & Supply Chain companies using or
experimenting with AR
Education: K-12 using AR in learning
programs90%
90%
40%
12
Transboundary
Communities
Pe
rso
na
Enhancers
Sensors
Cognition
User
Experience
Wearables
Number of people globally engaged
in the “gig economy” by 2020
% of workforce in freelance
mode by 2020
Augmented Human Interactions
50%
2.2B
13
Digital Enterprise
Enterprise digital transformation
initiatives involve executives other
than the CIO
Executives undergoing formal digital
transformation efforts in 2017
Customer Driven Enterprise Value Chain
Business processes automated by
transformation-focused
organizations in 2016
Traditional Value Chains
Analog Speed
Digital Enterprise Value Chains
Digital Speed
Source: Altimeter Group and MIT Sloan
88%
78%
59%
Enterprise
14
Digital Singularity and Value Maslow proposed that as basic needs are met, a person may focus on higher order endeavors.
Technology offers the levers to push human endeavor upwards.
2007 2017 20271997
Physiological
Safety
Belonging
Esteem
Self
Actualization
40%31%
22%
10%
36%
25%
22%
16%
11%
18%
21%
24%
8%
15%
20%
30%
5%11% 15%
20%
Chart is representative only, based on Avasant estimates(Sources: IMF, World Bank and UN World Happiness Index Statistics)
Maslow’s
Hierarchy
15
We Will Solve the Grand Challenges.
We Will Live in a Different World.
87% 100%65%% of population in developing countries with access to food
86%
79%
90% 96%
85% 100%
1997 2007 2017
% of population in developing
countries with access to water
% of population in developing countries with access to utilities
2027
59%
65%
64%
Source: World Health Organization
16
$113 billion
68years
$169 billion
72years
$200 billion
plus
78years
1997 2007 2017 2027
$96 billion
62years
Source: World Health Organization
Global Life
Expectancy
Global spend on
Life Sciences R&D
Full E. coli genome
sequenced with high-
throughput systems
DNA colony
sequencing
patented
Tens of millions of
human genomes
Sequenced and
digitized
Billions of human
genomes
will be sequenced,
digitized
We Will Solve the Grand Challenges. We will extend life.
17
How Will Life Change in 2027?
The New Human Renaissance
30%
Barrier Free Access
Playing without Rules
50%
Democratized
Egalitarianism
Enterprise of One
80%
Sharing
Communities
Designer Worlds
With unlimited access to data
and information 30% will seek
out non-traditional education
paths and employment
50% will work as independent
contractors and supplement
their income through multiple
channels
80% will design their own social
reality and communities
18
Digital Capital Policies • Increase policies related to human
capital, investment attraction and trade
that drive the digital economy
Direct Democracy Governments as both a digital technology
consumer and a regulator will…
• Give voice to previously marginalized
groups
• Reduce the distance between the
government and the governed
Digital Infrastructure • Invest in key infrastructure related to
connectivity, trade, and institutional
maturity
• Leverage digital technologies to drive
improved and cost-effective services to
stakeholders across various government
functions
Enlightened
Regulatory Framework • Make changes to the regulatory
framework to keep pace with changing
social norms and enable digital business
models
• Focus on security, privacy, risk and fake
news
The Role of
Government
will Change
19
Social Enterprisewill drive 100 percent of business transactions and give power to
the people
Digital Value Chainswill drive a new digital enterprise
Zero Cost Transformationwill support business partnerships and rapid change to the new world
Technologywill cease to be an asset, but rather become ubiquitous with
human experience
What does this mean
for our industry?
20
Disruption Trends for 2017
Tectonic Shift in US Administration
Brexit: The Exit Process Intelligent Automation + Cognitive Takes off
Level 3 Autonomous Vehicles Hit the Road
Augmented Reality for B2B Becomes a
Reality
Platforms Become a Commodity
Emergence of the Cognitive Era
Connected Living Transforms the Home
Mainstreaming of the AI Personal Assistant
Drones Take Off
3-D Printing Disrupts Supply Chain/Logistics
The Industrial Internet Play
Media Democratization
IOT Pivots To Sentient Tools
Rise of the Alternate Economies
Increasing Insularity, Nationalism and
Protectionism
Data as a Service Explodes
Personal &
Consumer
Business &
Industrial
Advanced
Technology
Socio-
Economic
21
Digital Singularity
does not mean the
end of humanity,
but rather it is the
beginning of a new
era to free human
creativity and
deliver opportunity
for all.
“
”
The Future is
Here
Empowering Beyond
GET CONNECTED
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Kevin Parikh
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