New Technology 2015 L02 State of Technology

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LECTURE L02 STATE OF TECHNOLOGY 2015

Transcript of New Technology 2015 L02 State of Technology

LECTURE L02STATE OF TECHNOLOGY 2015

What was the biggest technological event in 2014?

REALLY, APPLE FANBOYS?!?! AGAIN?

Or maybe this?

"so on point – it's shit-white-girls-say-meets-a-club-remix” - Oliver Lukkett, theAudiance

What is it with this #Selfie?

Selfie of the Year

The Orignal Selfie?

Best new Product of 2014

SELFIE STICK

Person of the Year in Google Search

THE SMARTPHONE EATS THE WORLD

THE SMARTPHONE EATS THE WORLD

FOR THE FIRST TIME IN HISTORY ACCESS TO TECHNOLOGY IS FOR EVERYONE

THE SMARTPHONE EATS THE WORLD

4 billion people are buying new smartphones every two years

1.6 billion PCs every five years

Source: ITU, a16z, Benedict Evans slides

THE SMARTPHONE EATS THE WORLD

7.5 trillion SMS message sent each year globally

WhatsApp, an app that was built by a team of 30 people and acquired by Facebook for $19 billion, processes 7.2 trillion messages a year.

Source: ITU, a16z, Benedict Evans slides

Source: ITU, a16z, Benedict Evans slides

GROWTH INTO THE BUBBLE

Source: ITU, a16z, Benedict Evans slides

GROWTH SINCE THE BUBBLE

Source: ITU, a16z, Benedict Evans slides

GROWTH SINCE THE BUBBLE

Source: ComScore Media, multiplatform & mobile metrix, Benedict Evans slides

MORE TIME IS SPENT IN APPS THEN THE TOTAL WEB

AND TECHNOLOGY CONSUMES US

THE SMARTPHONE EATS THE WORLD

RESULT?

TRANSFORMATION OF COMPANIES,INDUSTRIES,GOVERNMENTS…

Source: ITU, a16z, Benedict Evans slides

THE NEW NETWORK ECONOMY

20TH CENTURY SOCIETY WAS HIERARCHAL

Governments structure

Corporation structure and interaction of companies

Coordination cost is high

Responsibility and titles (and compensations) floats up, speciality and knowledge down

21ST CENTURY SOCIETY BECOMES NETWORK

Software connects individuals

Coordination drops towards zero

Responsibility goes to the individuals and knowledge becomesstatistics in analytical software

21ST CENTURY SOCIETY BECOMES NETWORK

“Sharing economy”

Coordination cost is low Rating systems replace inspections

Any business that is built around a hierarchy with high coordination cost, will be crushed by a networked software solution with low coordination cost

Need a ride?

Need a to drive the car?

New a place to stay?

Middleman, gatekeepers and inspectors are at risk

Consumers interact directly with companies using apps

Consumers interact with each other using apps

This will result in a changed work market

21ST CENTURY SOCIETY BECOMES NETWORK

THE NEW JOB MARKET

NETWORK OF TASKS

Uber of X

Then X can be anything

Need to buy groceries, paint the wall, clean the house…?

REDEFINITION OF JOBS

When the cost of coordination drops, the smaller the task can be

The X can now be a small chore, and still be beneficial to both

Will the job of the future be self employment with cloud based agents?

SOFTWARE RULES THE WORLD

THE COST MODEL IS CHANGING

SOFTWARE IS THE COORDINATOR

If the app is the magic wand the consumer uses to get his/her wishes fulfilled, the software is the magic spell

Software connects consumer and worker/service

New services, impossible before, become possible

SOFTWARE IS GOING ANYWHERE

With sensors becoming tiny they can be anywhere and in any product

Computer hardware becomes so small, software can go anywhere

We can even wear them

WEARABLES

INTERNET OF THINGS

So we begin 2015