JimPinto.com - Connections for Growth & Success
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Future Vision 2020Futurists keep predicting things that mostly never happen; well, lots of predictions fall far short of the mark. Dick Morley has a list of things that the Japanese predicted a century or more ago; some came pretty close (worldwide wireless telephone, global travel, warships in the air, picture telephone, horseless carriages) while others were wildly inaccurate (green Sahara, everyone taller than 6 feet, natural disaster control).Prognosticators from just a decade ago, again got mixed results: By 2010, some predicted "smellyvision" - TV programs with aroma generating attachments, which has not yet appeared. People like Ray Kurzweil, who base their predictions on technology trends, keep making many accurate predictions; some of these predictions became reality ahead of schedule. In this spirit of futurism, let's see what some of the noted futurists and visionaries are predicting for the years leading up to 2020. Over the next decades, the world will wean itself from dependence on fossil fuels AND drastically reduce greenhouse gases. To achieve this, major breakthroughs will be needed, and they'll arrive. They'll bring enormous opportunities. The ability to tap power from space, for instance, could jump-start whole new industries. Technology that can trap and store carbon dioxide from coal-fired plants would rejuvenate older ones. These technologies present difficult engineering challenges, and some require big scientific leaps in lab-created materials or genetically modified plants. And innovations have to be delivered at a cost that doesn't make energy much more expensive. If all of that can be done, any one of these technologies could change our lives significantly. There'll be cheap, widespread solar power (as it gets cheaper); we'll live longer and will banish obesity (through fat-reducing pills); smart gadgets won't just be portable - they'll become part of your body. Between now and 2020, the trend will continue, making lots of new almost science-fiction innovations real for millions. These changes will come as they did in the past decade, only faster, because technology growth is exponential. Kurzweil suggests that the next 10 years will bring advances which compare with more than the past century. In my opinion, he won't be far wrong. Browse through these web links when you have a chance. This may give you a different perspective about where we are, and where the world is going.
Short-term Technology AdvancesMy own avocation as a "Futurist" stems from my interest in technology, especially in the industrial automation arena which is where I have spent most of my career in business. I've expounded as keynote speaker at events and seminars around the world.In June, I'll be going to Sao Paolo, Brazil, to participate in the NEI International Industrial Conference & Show - Emerging Technologies, Challenges, Opportunities and its Impact on Manufacturing. My subject will be, "Prospects for the Automation and Instrumentation on the Plant Floor". I'll give you a synopsis of my Brazil visit in future issue of eNews. Before we go off on the next decade, let's look at some nearer-term predictions. From my point of view, most of these are technology related. The next wave of technologies are coming fast, to further change our lives.
Parallel computing:
Gesture-inputs:
Interactive holographic displays:
New sensors to provide more real-world data:
Cloud-living:
Unitasking:
The Internet of ThingsWith the emergence of the smart grid, smart cities and smart homes, more and more objects are becoming interconnected. The profound potential lies in the integration of everything - the ability to connect sensors, actuators and many other ordinary products into a "digital nervous system".With the emergence of the smart grid, smart cities and smart homes, more and more objects are becoming interconnected. This is likely to have a staggering impact on our daily lives, and will be a growth inflection point during the next decade. The capability to transmit information about status, performance and usage for objects anywhere in real time points to the potential for intelligent devices that can interact with people and social networks. In fact, combining device connectivity with social networking platforms opens the potential for substantially new forms of collaboration between people and things. Connectivity of people and connectivity of devices would no longer be independent. The Internet of Things is likely to have a staggering impact on our daily lives and become an inherent part of areas such as electricity distribution, transportation, industrial controls, utilities management, water resources management, and oil and gas distribution. IoT will help solve two of today's biggest problems: energy and health care. Buildings currently waste more energy than they use effectively. This waste can be cut to almost nothing using broad-scale monitoring and control. The smart grid and smart homes will include widespread IoT monitoring. Health care is currently delivered inconsistently with doctors and hospital visits. IoT will allow sensors, unobtrusively attached to the body, to keep track of vital functions all the time. Food intake will be monitored; pill bottles will indicate when to take medicines; wine glasses will signal excess drinking. The convergence of smart devices with the Internet is creating a growth inflection point. Companies that fail to exploit this next wave of the digital revolution will obsolete themselves. The companies with the most IoT-equipped products and services will win.
Book - Lights in the TunnelIn a recent issue of eNews (10 March 2011) we discussed how technology is eliminating work - and workers - not just in manufacturing, but in all areas of the enterprise.Someone referred me to a great book, "Lights in the Tunnel", that expands on this theme. An imaginary "tunnel of lights" is used to visualize the economic implications of the new technologies that are likely to arrive in the next few years and decades. In particular the book suggests that automation will have a big impact not just in manufacturing, but also in the service sector and even in knowledge-based occupations. This will be among the most critical issues we'll have to face as a society in the coming years and decades. The book doesn't just warn us about negative realities. It shows how the future economics of new technologies might offer solutions to issues such as poverty and climate change. The author, Martin Ford, is a Silicon Valley computer engineer. The theme of his book has been discussed in major magazines, and he's been interviewed on TV and radio - CNBC, NPR and others. Review some of the web links I've provided, which might tempt you to read the book. Automation, Accelerating Technology and the Economy of the Future:
Germany the leader in EuropeThe small, mostly family-owned businesses that make up the backbone of German manufacturing have historically specialized in the more practical and mundane industrial spectrum: not high-tech gadgets, but machinery and other heavy equipment, metal-bashing with good technology and engineering.In recent years, German firms, aided by farsighted government reforms, have made the country the most competitive of any advanced economy. German exports jumped 18.5% in 2010, the envy of the developed world. All this with fairly high wages and stiff environmental and workplace regulations. This surge has carried Germany out of the Recession more quickly than any other major industrialized country. GDP rose 3.6% in 2010, compared with 2.9% in the US. While joblessness in much of Europe and the US has jumped to levels not seen in decades, unemployment in Germany has declined to an estimated 6.9% in 2010 from 8.6% in 2007. Germany's revival has reversed its role in Europe. Less than a decade ago, the country was beset by chronic unemployment and anemic growth. As its more aggressive neighbors such as Spain, Britain and Ireland rode the shift in global finance and high-tech to stellar performances, they viewed Germany as stodgy, and unable to change outdated, socialist habits to adapt to a new world. But then the financial crisis came. While Spain, Ireland and other former euro-zone highfliers tumbled into debt crises, victims of exuberance and risky policies, Germany emerged as Europe's economic power. It accounted for 60% of the GDP growth of Europe in 2010, up from 10% in the 2000s. With higher prices and superb engineering and manufacturing, German manufacturers have ramped up exports. The rest of Europe is unable to compete. Some 80% of Germany's trade surplus is with the rest of the European Union. In many respects, Germany's role in the world economy is similar to that of China. Both countries are manufacturing dynamos that are bringing benefits to the world. Because of its exports Germany, like China, runs up a huge surplus, while its less competitive neighbors, like Spain, have fallen into deep deficits. These differences are at the heart of Europe's debt crisis. Many in the zone blame Germany's export-dependent economy for the region's economic woes in the same way that America accuses China of hampering recovery in the US. Just as America with China, the European Commission has called on Germany to stimulate consumer spending at home, to help support the European economy as a whole. Europeans want Germany to show "a sense of common destiny" and reform its economy for the good of Europe. Hey, Germans - play more, work less? Interesting difference. This item has largely been based on an article in Time magazine (web link below).
eFeedbackGerry Reynolds [luthlee54@gmail.com] is just recently retired as Instrument Specialist; he gives us his opinion on useless university degrees:
"There are 2 parts to this statement: "Here's some advice: "Indeed, a wise technician, WILL become an ENGINEER!" Bruce Varley [bvarley@westnet.com.au] gave his opinion of Ray Kurzweil:
"OK, so memory density and CPU capability follow incredible growth paths, but what's happening to the strength of steel? The strength of concrete? The walking ability of automatons? The fact is that Moore's Law applies to a highly selective group of phenomena, which just happen to be capable of achieving that rate of growth. "If you take a wider view, you get a more realistic feel for how fast things evolve, and it's way slower than Mr. Kurzweil predicts. If I take an uncharitable view, I'd say that he's a huckster who's making money out of the credulous. "50 years time? It's likely that discretionary brain implants will be here (horrible, scary idea!). But that's about the limit."
Shrisha Chandra
Here's the TED link on this -
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