Exponential Technologies and Our Technologically Disruptive and Digitally Transformed Future
We are entering a time period of profound technological disruption and acceleration in which every company, industry, country and society will be completely disrupted.
Advances in exponential technologies and digital infrastructure such as Nanotechnologies, Biotechnologies, Blockchain, Cryptocurrencies, 3D Printing, 4D Printing, Cloud Computing, Artificial Intelligence, Virtual Assistants, Genomics, CRISPR-Cas9, Digital Biology, Synthetic Medicine, Quantum Computing, Neuromorphic Computing, Brain-Computer Interfaces, Materials Sciences, Additive Manufacturing, Augmented Reality, Virtual Reality, Mixed Reality, Robotics, Autonomous Vehicles, Flying Cars (VTOL), 5G Networks, 6G Networks, Trillion Sensors, and the Industrial Internet of Things (IIOT) are converging and the rate of acceleration is itself accelerating in the age of digital transformation and the 4th Industrial Revolution.
This change is all happening at once and that is what makes the 4th Industrial Revolution so significant and misunderstood. Every industry is being digitally disrupted and transformed at the same exact time. What this means is that our tools fundamentally as humans are getting far better, far faster and far cheaper than we can even process or imagine properly.
Humanity will witness perhaps 300 years of change in the next 10 years and 1000 years of change in the next 20 years. People are biologically unable to process the nature of exponential change. Exponential change is what brought us to where humanity is today. We are at the juncture of profound technological change where the way we live and the lives we live will change at an accelerating rate of change as these fields start to intersect themselves and we start to build smart cities, smart homes, and a smarter more connected world. As our exponential digital technologies transform our society faster and faster, we transform faster and faster and our desires transform faster and faster along with our companies and institutions as well.
To understand exponential growth vs linear growth, please read Peter Diamandis’s tech blog posts on having an exponential mindset and understanding exponential growth in digital technologies, as well as Michael Simmons article on Ray Kurzweil’s explanations of exponential growth and a video of Moore’s Law Graphed over 5 decades.
A highly sought after Futurist, Matthew Griffin, the CEO of the Deep Futures thinktank — 311 Institute has plenty of content ranging from keynotes available on his YouTube Channel to blog posts on hundreds of exponential technologies that he tracks, and the transformative impact they are having on our society, our lives, our companies and the future of everything from work, corporations, content, entertainment, commerce and governance. He is so confident on the massive levels of technological disruption society is facing that he says that we are entering what he dubs as the “Techno-Jurassic Era”.
What this means is that the human species itself is being digitally and biologically reengineered all at once and we are living through this period. The future is now and we are along for the ride. We are getting better at creating tools and these tools are causing far-reaching and high-impact upward cycles of change. The internet is a clear example of this. The internet is augmenting our intelligence to an unparalleled degree. People don’t realize but we are already cyborgs. We interface with digital technologies such as smartphones and computers and connect to software applications running on the cloud every second. We communicate through social media and online digital networks at the speed of light. How we live is magical and godlike today but there is a lack of perspective and understanding of the significance and magnitude of the change and the rate of change the human species is going through at a fundamental level.
Futurists are predicting that we will connect our neocortex to the cloud by 2030. Now I’m not advocating for this merger of man and machine to this intimate as a level personally, but I am saying this to point out how fast digital technologies are advancing. We will probably have Artificial General Intelligence within this decade itself and we don’t know what that will look like but it will probably be related to advances in neuromorphic chips and quantum computing. We will have flying cars in the next 1–2 years, autonomous vehicles in the next 3–4, the hyperautomation of corporations through blockchain and artificial intelligence. People will be working remotely through virtual reality, augmented reality and mixed reality. People will probably be wearing neural interfaces also by the end of this decade, have nanotechnologies enhance their biology, and have smart cities with vertical farming, 5G networks and clean energy smart grids. I believe electrification of the automotive industry and further investments in clean and renewable energies for tackling sustainability concerns. We will also have more flights to space, trips to Mars and the Moon, and asteroid mining in this decade as well as hypersonic systems of travel such as underground tunnels (Boring Company) or by the air.
I don’t think people realize that we are living through an unfathomable period of human history relative to our ancestors. And that what happens to jobs, to companies, to industries and to humans in the next 10 years is completely unfathomable. That is to say that science fiction is quickly becoming science fact.
We cannot really imagine where we all heading toward, but it’s going to be a ride. We are riding hundreds of exponential curves in exponential technologies at the same time right now in 2020. What this means is that the way you contemplate how society, how democracy, how politics, how companies, how jobs, how reality itself functions and how people communicate becomes completely disrupted and revolutionized by the convergence and collision of these digital technologies.
Personally, although I am fascinated by the magnitude of change and the demonetization of every industry, I think more people need to be more aware, more excited and more engaged in the creation or contemplation of these industries of the future because they are here and they are going to disrupt and there will need to be not only creative disruptors but also just more creative and inclusive thinking around the future. Because the future is faster than you think and the future is now.