Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011...

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Disruptive Futures: Core Forces of Technological, Economic and Social Change Reshaping the Property Sector Cityscape Global 15 Dubai September 5 th 2016 Rohit Talwar CEO Fast Future

Transcript of Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011...

Page 1: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Disruptive Futures: Core Forces of Technological, Economic and Social Change

Reshaping the Property Sector

Cityscape Global 15

Dubai

September 5th 2016

Rohit Talwar

CEO

Fast Future

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Tomorrow’s Agenda

[email protected] www.fastfuturepublishing.com

Page 3: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

What is the Prize we are Playing for?

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Build Mindset, Talent, Agility and Innovation Culture

‘Future Proofed’ Organisations Work on

3 Horizons in Parallel

4-10+ Years

Understand

Future

Drivers

1-3 Years

Search for

Growth

1-12 Months

Operational

Excellence

[email protected] www.fastfuturepublishing.com

Page 5: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

How will we Change our DNA?

Play by the

Rules of the

Game

Create a

New Game

Every Sector will Transform by 2020

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10 Key Disruptions are Shaping the Global Business

Environment, Driving Change and Creating Opportunity

1. Shift from Physical to Digital Mindsets

2. Exponential Science and Technology

Developments – e.g. Internet of Things, Big Data,

Artificial Intelligence and Robotics

3. Linear Versus Exponential Business Thinking

4. Human Versus Machine

5. Potential for Major Shifts in Employment Patterns

6. ‘Financial Stress’ Driving New Economic Thinking

7. Migration from Central Control to Distributed -

Digital Currencies, Blockchain and CryptoContracts

8. New Industries are Emerging

9. Desire for Trust and Transparency

10. Social Structures and Political Governance Models

at the Crossroads

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Social and Political Governance Models at

the Crossroads

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Page 8: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Construction Megatrends

• Market and Customers

• Sustainability and

Resilience

• Society and Workforce

• Politics and Regulation

Global Construction Industry

Worth $10 Trillion by 2020?

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Page 9: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Megatrends Driving Real Estate

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When Two

Worlds CollideA

Digitized

Society With a

Global BrainA

Physical

& Local

World

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What’s Next in ICT - we can Anticipate at

Least 60%of the Technology Timeline

It is Key to Understand the Core Trends…[email protected] www.fastfuturepublishing.com

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A Continuous Technology Evolution in Power,

Performance and Size - from the Mainframe...

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…to the Desktop…

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...Portable and Mobile ...

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...Wearable...

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...Embedded...

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…Augmented

and

Immersive…

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... Hyperconnected to a Multi-Sensory

‘Internet of Humanity’…

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The Power of Exponential Growth

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Page 20: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Pursuit of Exponential Growth

AirBnB Hotels 90x more listings per employee

GitHub Software 109x more repositories per employee

Local Motors

Automotive

1000x cheaper to develop a new car model

5-22x faster to manufacture a car

Quirky Consumer Goods 10x faster product development (29 vs 300 days)

Google Ventures

Investments

2.5x more investments in early stage start-ups

10x faster through design process

Valve Gaming 30x more market cap per employee

Tesla Automotive 30x more market cap per employee

Tangerine (formerly ING Direct

Canada) Banking

7x more customers per employee

4x more deposits per customer

[email protected] www.fastfuturepublishing.com

Page 21: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Strati – First 3D Printed Car (Local Motors)

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Page 22: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Exponential Market Cap ImprovementAge (yrs) 2011 valuation 2016 valuation Increase

Haier 31 $19 billion $60 billion (2014) 3x

Valve 19 $1.5 billion $4.5 billion (2014) 3x

Google 18 $150 billion $533.4 billion 3.6x

Uber 8 $2 billion $62.5 billion 31x

AirBnB 7 $2 billion $25.5 billion 12.8x

Github 7 $ 500 million (est.) $2 billion 4x

Waze 7 $ 25 million $1.15 billion (sold to

Google in 2013)

46x

Qirky 6 $ 50 million Closed 40x at peak

Snapchat 4 0 $16 billion 16,000x +

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Page 23: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Nanotechnology /

Atomically Precise

Manufacturing3D / 4D

Printing

New Computing

Architectures

Hyperconnected

Internet of

Humanity

Immersivity /

Mixed Reality

Living

Food Chain

Transformation

Energy

Innovation

Robotics /

Drones

Brain

Uploading

Exponential

Science and Technology

Developments

Blockchain

Technology

Healthcare

Transformation

Artificial

Intelligence /

Conscious

Technology

Synthetic

BiologyHuman

Augmentation

[email protected] www.fastfuturepublishing.com

Page 24: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Truly Disruptive Innovation

e.g. Hyperloop

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Page 25: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

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Page 26: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Artificial Intelligence –

What’s all the Fuss About?

Artificial intelligence (AI) is an area of

computer science that emphasizes the

creation of intelligent machines that

work and react like humans. E.g.

Speech recognition, visual perception,

learning, reasoning, inference,

strategising, planning, intuition,

decision-making, and language

translation.

[email protected] www.fastfuturepublishing.com

Page 27: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

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Page 28: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Artificial General Intelligence and the

Prospect of Super Intelligence

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Page 29: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

AI is Enabling a Business

Concept Revolution

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Page 30: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

A FinTech Investment Explosion – Real Tech will Follow

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Page 31: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

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Page 32: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

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Rapid Modular Construction – 57 Storeys, 19 Days

Page 33: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Vertical Cities

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Page 34: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Zhuoda (Xi’an) - 3D Printed Homes –

Assembly in Under 3 Hours (US$483 / SQM)

$483 U.S

3D Printing

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Page 35: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Saudi Arabia Plans to 3D Print

1.5 Million Houses

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Page 36: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

3D Printed Office Buildings

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Page 37: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Flexible, Modular, Multi-Use

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Page 38: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Google’s Reconfigurable, See-Through HQ

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Co-Living and Working Spaces

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Page 41: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Radical Concepts

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Page 42: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

‘Robot Builders' – e.g. Hadrian X

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Page 43: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Integrated Systems

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Page 44: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Drones

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Page 45: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Robot Spiders and ‘Swarm Construction’

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Page 46: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

3d-printed Bricks Filled With Water

Could Help Regulate Temperatures

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Page 47: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Future Materials - Self-Healing, Permeable

Concrete / Plant Based Foam / CO2 Carbonates

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Page 48: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Recycled Ocean Plastic

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Page 49: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Sand Based Construction System - low-cost refugee schools

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Page 50: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Scaling Up Alternative Energy

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Page 51: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

City-Scale Batteries

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Page 52: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Hyper-Connected via the Internet of Things

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Page 53: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

AI and BIM (Building Information Modeling)

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Page 54: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Blockchain

Blockchain was created

for Bitcoin

Eliminates central

clearing mechanisms by

distributing transaction

ledgers across the web

securely

All parties involved

remain anonymous

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Page 55: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Ethereum and Smart Contracts

• Ethereum - platform to

create private blockchains

and smart contracts

• Goldman Sachs Estimates:

– Legal savings of $US11

- 12 billion per year from

streamlining clearing

and settlement of cash

securities

– $US2 - 4 billion annual

legal saving on moving

real estate titles to

distributed ledgers.

[email protected] www.fastfuturepublishing.com

Page 56: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

So How do we Start the Journey?

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Page 57: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Build Key Muscles:

Flexibility,

Experimentation,

Prototyping and

Rapid

Innovation

[email protected] www.fastfuturepublishing.com

Page 58: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Deep Dives, Client Events and Research

e.g. Science Labs, VC Investments, Crowdfunding

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Page 59: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

Rapid Action Teams (Internal and Client)

Prototypes, Rapid Launch, Refine in Use

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Page 60: Disruptive Futures - Cityscape Global · Exponential Market Cap Improvement Age (yrs) 2011 valuation 2016 valuation Increase Haier 31 $19 billion $60 billion (2014) 3x Valve 19 $1.5

First they ignore you,

then they laugh at you,

then they fight you,

then you win.

Mahatma Gandhi