Business Unusual

The world in 10 years time

Can you even remember a time before mobile phones? It was over 20 years ago.

What about no Facebook or Google, that would be 10 and 20 years ago too.

So what might seem crazy now that'll be commonplace by 2026?

The World Economic Forum’s Global Agenda Council on the Future of Software & Society mapped out six megatrends that would follow the advances to software and services.

They then surveyed over 800 ICT sector experts to determine when they thought each of 21 tipping points might be reached relating to the megatrends.

The findings were published in September 2016 and this is what they found.

The 6 megatrends

People and the Internet - how we will connect and use wearable and even implantable devices to connect to the internet and what sort of presence we would have on the net.

Computing, communications and storage - the power and size of the devices we use to connect and where we store our data.

The Internet of Things - the increase in sensors connected to us, our homes and the internet, to transport modes, factories and even whole cities.

Artificial Intelligence (AI) and big data - the increase in sensors and our digital presence will see a significant increase in data. Making sense of it and taking decisions based on it will become something only sophisticated machines could manage.

The sharing economy and distributed trust - what will you own and what will you only rent in the future and what role will blockchain play in securing it all.

The digitisation of matter - what will be manufactured and what might simply be printed.

The interaction of the 21 elements within the larger trends would also have an impact on other sections of society.

There are implications for jobs and the nature of work, transparency, privacy and security. It will profoundly affect the economy, organisations and governments.

Here are some of the tipping points that are predicted to occur.

Mass storage; this slot looked at cloud storage recently and noted that as we shift to more powerful devices and a larger digital presence our need for storage has increased too. Multiple devices makes cloud storage the best option and the dramatic reduction in cost from $100 000 per gigabyte in 1980 to $0.10 in 2009. At that cost a significant amount - if not an unlimited amount - could be made available free with ad-supported options.

Wearable devices and fitness devices are already common, but this tipping point considers what you see as a means of accessing the internet. Smart glasses may not have been an overnight hit for Google, but the arrival of VR and the Snapchat video capture glasses and Microsoft’s hololens suggest a company will find a way to make the glasses work well and look good.

The WEF timeline of when each of the tipping points are likely to occur

Read More
The chemical equation for good business

The chemical equation for good business

Simon Sinek argues that office chemistry mirrors our own.

Where you work is getting complicated. Which do you prefer?

Where you work is getting complicated. Which do you prefer?

Home, office, open-plan, cubicle or own office. Or maybe a coffice.

What is the best career to pursue?

What is the best career to pursue?

I am sure there is an app for that.

Google is almost 20 years old

Google is almost 20 years old

September is a special month for the search giant. Here are a few things you did not know.

Your camera could save the world

Your camera could save the world

A picture is no longer worth just a thousand words, it is how we will build the future and save the past.

What Artificial Intelligence (A.I.) is and what it isn't

What Artificial Intelligence (A.I.) is and what it isn't

There is much to gain and even more to lose which means we all need to learn more about AI.

Popular articles
Estate agent Aida admits it’s the source of SA’s largest data hack ever

Estate agent Aida admits it’s the source of SA’s largest data hack ever

The Money Show’s Bruce Whitfield interviews Stuff magazine’s Toby Shapshak.

UCT engineering student creates affordable grey water system

UCT engineering student creates affordable grey water system

Nkosinathi Nkomo came up with a system that could turn grey water into usable water amidst the Cape Town water crisis.

Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

Meet Whitey Basson (the retail guru who turned Shoprite into a R127bn behemoth)

The Money Show’s Bruce Whitfield interviews the former CEO of Africa’s largest retailer by far.

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

CT airport shooting attempted hit on gang boss allegedly linked to '28s' -expert

A policing expert explains that the airport shooting may be linked to the shooting at a Stellenbosch nightclub this past weekend.

Almost 30 million SA ID numbers compromised after site hacked

Almost 30 million SA ID numbers compromised after site hacked

Independent Marketing Consultant in the Technology Space, Andrew Fraser says this looks like a leak and not a hack.

Cape Town International Airport shooting could be gang related - ACSA

Cape Town International Airport shooting could be gang related - ACSA

The incident happened in the early hours of Wednesday morning.