The Fourth Industrial Revolution
It’s no surprise that technology is all encompassing and an omnipotent as a force in our lives today. Technology devices, platforms and digital media are driving digital transformation across industries and accelerating adoption of further digitization and digitalization. Many of these trends with regards to industry disruption, exponential technologies and digital transformation are being vastly accelerated by the coronavirus pandemic as well.
Exponential change: the future is faster than we think — Peter Diamandis
Peter Diamandis, The Founder and Chairman of Singularity University has a mental model to think about the exponential change that is permeating throughout our economy, industries, society and transforming our lives at an unprecedented and exponential rate of change. It’s known as the 6Ds Exponential Framework and refers to the exponential curves through which the combination of certain digital technologies and disruptive business models scale and have an exponential impact.
Deciding to pivot to digital technologies and digital platforms
Deceptive phase of growth
Disruptive phase of growth (Entrepreneurs, their new technologies and their new business models are seen as a threat to industry incumbents)
Entrepreneurs who use digital technologies and disruptive business models successfully, are able to demonetize previous companies, industries and incumbents who don’t adapt overnight by lowering price and offering greater efficiency, scale and speed. (Think what Amazon did to Retailers, what Netflix did to Blockbuster).
This process also dematerializes the need for physical products and services as they become digitalized and automated.
In the end, these digital new technologies and digital services become democratized and accessible to many people as they become a function of the internet.
Today a few technology monopolies dominate large swaths of our economy because of the way they have been able to scale and leverage digital technologies, disruptive business models, constant reinvention and the centralization of their economic and societal power is unprecedented, particularly as they continue their expansion.
Although these companies have brought us much value, unfortunately we are at a tipping point where it is dangerous for them to continually expand and dominate.
For example, social media is killing traditional news media outlets but is causing much chaos, disconnection, and upheaval in the modern world. The amount of news sources and types of news sources we access today are much much different than in the past. And the volume and quantum of information we are dealing with is quite worrisome. It is serving to polarize many people, particularly those who are not involved in the value creation process of the information technology revolution we are going through.
Since so many people are being left behind, or are unaware of the revolution, I think that people becoming aware is one step. The next step is embracing the information revolution with an equal dose of optimism and pessimism, hope and fear. Earlier many in Silicon Valley would only see the optimism and the bright side of the new inventions and business models. However, the flip side to this equation, is that it represents great opportunities to those who participate and can decouple engineers, tech entrepreneurs etc. from the rest of reality.
One aspect however, is the sheer velocity of new startups, entrepreneurs and innovators that are emerging throughout different industries and sectors and seeking to further this process, however with even more decentralization and accessibility. I think this is great, because I am also somewhat of a latecomer and am hoping to participate in the information revolution.
I am excited by the opportunities I see popping up everywhere. I know it may seem like things are very daunting right now with Coronavirus, Political and Social Polarization, Economic Strife and alot of chaos in our modern world. However I do believe we all have a chance to build a better world.
However with this said, there will be a momentous amount of opportunities created in many other sectors which I believe are the following which I think are cool and which make science fiction become science fact. This is because there are multiple game-changing exponential technologies such as Artificial Intelligence, Blockchain, Cloud Computing, 3D Printing and Clean Energy that give hope for humanity and our collective future (as hard as that may seem right now) as they converge, revolutionize entire industries overnight, create disruptive innovation, unleash creative destruction, accelerate exponential change in our world and create abundance in all aspects of our lives and our world, especially as the costs of these technologies, goods and services keep lowering and technology creates a deflationary cycle where many things become cheaper, free and more accessible. Make no mistake about it however, there will be alot of pain especially this next decade, because the Covid19 pandemic has accelerated many trends with automation, digital transformation and the 4th Industrial Revolution which were already moving at a hyperpace.
TOP 50 MOONSHOTS (2000 - 2020) | Peter Diamandis Tech Blog
Exponential Technologies and Our Technologically Disruptive and Digitally Transformed Future
Thematic Tech Investing for the 2020s
What’s Been The Impact Of Covid-19 On The 4th Industrial Revolution?
Technology Feels Like It’s Accelerating — Because It Actually Is
The Intelligent Industrial Revolution
Digital Transformation, Hyperautomation, Remote Working and The Future of Work
1. Blockchain, Crypto, Decentralized Finance, FinTech, Bitcoin, Ethereum, Web 3.0, Neobanks, SPACs, Fintechs
The Fintech Blueprint by Lex Sokolin
The Future of Money: AI Investors, Crowdlending, and the Death of Cash
The Role of Blockchain, DeFi and Decentralization in the Digital Economy
Big Debt Crisis, Blockchain, Cryptocurrency, Bitcoin, Digital Currencies, Digital Economy
Jeff Booth - Bitcoin & Our Deflationary Future
Debunking Common Bitcoin Myths
2. Artificial Intelligence
Deep Learning, DeepMind’s MuZero and AlphaFold, OpenAI’s GPT3, Artificial General Intelligence (AGI)
3. Robotics
4. Cloud Computing
Cloud Wars - The Best Analysis on Cloud Vendors and Enterprise Technology from Bob Evans
Cloud Wars Top 10 Special Report: Which Cloud Vendors Will Thrive in 2021?
#1 Microsoft Still Rules the Cloud: 5 Numbers Show Why - Cloud Wars
Microsoft CEO Satya Nadella: 10 Thoughts on the Post-COVID-19 World
Larry Ellison’s Trojan Horse: Oracle Exadata in 86% of Fortune Global 100 - Cloud Wars
Confounding His Critics, Larry Ellison Turns Oracle into Cloud Powerhouse
Bill McDermott Exclusive Interview: ServiceNow Will Lap Legacy ‘Cement Makers’
Google Cloud Hypergrowth Triggers More Billions from Alphabet
5. Social Media Marketing
The Internet Changed Everything | Veecap
6. Independent Publishing | Paid Newsletters | New Media
FT | You can now build a “mini media empire” on Substack
Li Jin Substack Newsletter | Building the Middle Class of the Creator Economy
The Verge | CAN SUBSTACK CEO CHRIS BEST BUILD A NEW MODEL FOR JOURNALISM?
7. Quantum Computing
Quantum Computing May Be Closer Than You Think
New Quantum Computer in China Claims Quantum Advantage With Light
8. Virtual Reality/Augmented Reality/Spatial Web/Metaverse/Web 3.0
Nvidia CEO Jensen Huang compares the Omniverse and the metaverse
The Metaverse Is Coming And It’s A Very Big Deal
9. Cyber Security
The path to a new normal in 2021 demands increased cybersecurity resilience
10. Smart Cities
How COVID accelerated smart city development
Smart cities predicted to create $2.46 trillion worth of business opportunities by 2025
11. Vertical Farming
Inside Singapore’s huge bet on vertical farming
12. Clean Energy, Decarbonization and Sustainability
Microsoft will be carbon negative by 2030
Tesla Expanding Into Solar Microgrids And Virtual Power Plants
13. Electric and Autonomous Vehicles
EV Battery Packs ~50% Cheaper Than In 2016
14. 5G Networks
GIGABIT BANDWIDTH EVERYWHERE, ALWAYS
What is 5G IoT and How Will It Change Connectivity?
15. Space Industry — Rockets, Space Tourism, Satellites
How Elon Musk’s Starlink Could Disrupt The Telecommunications Industry
How SpaceX, Virgin Galactic, Blue Origin and others compete in the growing space tourism market
3D Printing/Additive Manufacturing
3D Printing Is Going to Reshape Retail in These 4 Ways
How 3D Printing, Vertical Farming, and Materials Science Are Overhauling Food
17. Personalized Medicine/Precision Medicine/Biotech/Genomics/Life Sciences/Digital Health/Longevity
Nvidia Blog: AI, Computational Advances Ring In New Era for Healthcare
7 predictions for what lies ahead for health tech in 2021
Forbes Insights: How Telemedicine Is Transforming Healthcare: How AI And Edge Are Shaping The Future
Biobanks Are Becoming Data Banks in the Era of Personalized Medicine
Clinical Trials That Include Genomic Biomarkers Should Pave The Way For Precision Medicine
Genomics Innovation - Whitepaper By Ark Invest
Gaming, E-Sports
Brain Computer Interfaces (Neural Implants)
Supercomputers
Software as a Service (SaaS)