We are living amid a technological revolution that is transforming the globe. Changes are visible in all aspects of our lives from transportation, health, and communications. As the adage states, yesterday’s science fiction is today’s science. We are now expanding our capabilities in every area of science, chemistry, biology, physics, and engineering. That includes heightened spae exploration, as well as building smart cities, new manufacturing hubs, and developing artificial intelligence and quantum technologies.
Read MoreWhy we must act now to ensure that exponential technological progress remains a benefit for humanity and the planet. Technology has undoubtedly been good to us. AI systems are now able to detect some forms of skin cancer at a higher rate of accuracy than human doctors. Robots perform ultrasound exams and surgery, sometimes with little to no human intervention. Autopilots fly and land planes in the most adverse conditions and may soon be able to steer personal air taxis. Sensors gather live data from machinery and their “digital twins” to predict upcoming failures or warn of crucial repairs. 3D printers are capable of spitting out spare parts, improving maintenance options in remote locations.
Read MoreDecentralization and its impact on organizations as well as business transactions came through loud and clear throughout the conference. Examples of pragmatic applications with disintermediated interactions spanned healthcare, financial services, sports, education, government, non-profit, beauty, industrial applications and many more. A number of presenters emphasized the new era of decentralization with an ideology that empowers communities vs. centralized greedy brokers.
Read MoreThe impact on Organizational Culture is one of the most fascinating realities of the digital era. Digital technologies, including Blockchain, are just enablers of cultural trends that are transforming all demographics at an accelerated rate. Culture is always more important and impactful than pure digital technologies, as impressive as the latter are. The potential cultural impacts on individuals as well as organizations are tremendous. In order to succeed and innovate with digitization, transformation best practices should challenge long established cultural norms.
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