Technology is one of the factors of change. When new disruptive technology is introduced, it can change industries. We have many examples of that and will start this journey it one of the most important innovation that has come in our lifetimes, the smartphone. We will explore the impact of the smartphone and the fate of existing companies at the time when iPhone, the first smartphone as we know them, was introduced to the world.
We will also look at other examples from history. Then we look at the broader picture, past industrial revolutions and the one that we are experiencing now, the fourth industrial revolution. Specifically we look briefly at the technologies that fuel this revolution, for example artificial intelligence, robotics, drones, internet of things and more.
5. People say we will experience more
change due to technology in the next 2-3
decades than we have in 2-300 years
6. The Long View
Technical Revolutions span generations — 50 to 100 years
Source: Carlota Perez
1760 19801780 1800 1820 1840 1860 1880 1900 1920 1940 1960
Arkwright’s mill
in Cromford, 1771
Industrialiation
Water dams
Steam
Manchester-
Liverpool Rocket
line, 1829
Railways
Steam Engine
Carnegie Bessemer
steel, Pittsburg,
1875
Electricity
Steel
Ford’s model T,
Detroit, 1908
Oil Cars
Mass production
Motion Pictures
Phone
Photographs Radio
Intel örgjörvinn,
Santa Clara, 1971
Computers
PC
Automation
Transform societies
7. Industrial
Revolutions
Water and steam powered
factories
Second Industrial
Revolution
Electricity harnessed to
power factories, light up
houses, home appliances
Information
Revolution
Information technology
used to automate
processes
8. Built on the smartphone, software and cloud
computing — in real-time
The Age of Artificial Intelligence, Robotics
and Internet of Things
The Fourth Industrial Revolution
9. A revolution that is fundamentally changing
the way we live, work, and relate to one
another
Its scale, scope, and complexity is unlike
anything humankind has experienced before
The Fourth Industrial Revolution
13. PLATFORM FOR NEW SOLUTOIONS
A platform for new solutions that are more powerful
and more productive — will solve problems that were
not possible to solve before
Fourth Industrial Revolution
19. The 20th century society
structure was hierarchical –
government, companies, any
form of communication
Coordination cost is high
20. The 21st century society becomes a
network – software connects
individuals
Coordination cost drops to zero
21. Any business that is built around
a hierarchy with high
coordination cost,
will be crushed
by a networked software solution
with low coordination cost
27. O2O - „Online 2 offline“
Digital world connects to the physical world
Platforms connect two groups - those offering
something and consumers
Hosts and guests, drivers and riders, products and
consumers…
28. The Gig Economy
People work for others though platforms — your
new boss is software
Platform takes care of billing and transactions,
ratings and recommendations
Uber, Airbnb, Upwork, Taskrabbit, Postmates,
Deliveroo…