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Tuesday, March 7, 2017
A Case for Humanity
The Journey to Digital Singularity:
Kevin S. Parikh, CEO, Avasant
2
The Journey to Digital SingularityDigital Singularity is the point where technological omnipresence
and the human experience converge
A Case for Humanity
Digital Singularity will free
humankind to achieve greatness and reach our true potential
Technology will End Humanity
Digital Singularity will unleash
artificial intelligence that will grow at an exponential rate, and ultimately surpass humanity
3
Human Experience in a Digital World
1997
2007
2017
2027
Master / Slave Relationship:
Typewriters, fax machines,
dial-up modems, pagers,
audiocassettes, VHS tapes,
pay phones.
Symbiosis:PDA dev ices, DVDs,
point and shoot cameras,
landlines, social networks,
wearables
Singularity:VR goggles, v irtual
assistants, 3D modeling,
cloud-based CAD,
implants, social media
avatars
Boomers:
• Success determined by
resource control (i.e.
control of technology)
• Slow to innovate
Xers:
• Comfortable with
being “equal” in
relation to
technology
Millennials:
• Rapid adopters of disruptive
technologies
• Defining patterns of consumption,
definitions of value, and norms of
social organization
Millennials
Xers
Boomers
Acceptance of
technological
omnipresence
4
Journey to Digital Singularity
Hig
h
Low
Technological Omnipresence
Java Development
Testing
Low
Data Analytics & Reporting
Hu
ma
n E
xpe
rien
ce
Artificial Intelligence
ERP Implementation
Social Media Support
IT Application
Digital Enterprise
Hyper Convergence
Digital Moments
Augmented Reality
Customer Experience Management
Transboundary Communities
Digital Twins
Intelligent Automation
Data Architecture
Mobile Everything
Infrastructure solution design
Product Development
High
Wearables
5
Hyper Convergence
Digital Moments
Digital Twins
Transboundary Communities
Augmented Reality
Digital Enterprise
The Six Indicators of Digital Singularity
6
Hyper Convergence
Unify devices, platforms, software, and users
Image Credit: https://www.behance.net/gallery/48161423/XXL-FYOUTURESource:Millenial expectations as per AutoTrader 2016 Cartech Impact Study
Summon transportMillennials love their
Smartphones – ‘Smartphone
Never Leaves My Side’
Millennials expect vehicle
technology to do everything a
smartphone can 46%
87%
7
Digital Moments
Fleeting multi-dimensional
opportunities
Interactive ‘Live Pause’ with 360 degree
view and customized offers on screen
Convergence of content, services, and
product over interface (TV)
$21.99
$74.99
$64.99
Live Pause
360O
Visit Store
Retail Sales are influenced by Digital interactions 86%
Growth in number of marketing technology companies between
2015 and 201687%
8
Purchasing Transactions
Work and School Life
Relationship Management
Social Communities
Financial Management
Security Management
Digital Twins
9
Digital Twins
Image Credits: Institute of Mechanical Engineers, (www.imeche.org)
A living, virtual model of a physical entity
Growth in personal data points
per person100x
3Megabytes of data generated by
typical American worker everyday
US Individuals whose location is
known via mobile phones95%
10
Augmented Reality
VR is for content… AR is for the real world
People willing to pay more for a product they can experience in AR
Logistics & Supply Chain companies using or experimenting with AR
Education: K-12 using AR in learning programs
90%
90%
40%
11
Transboundary
Communities
Pe
rso
na
Enhancers
Sensors
Cognition
User
Experience
Wearables
Number of people globally engaged in the “gig economy” by 2020
% of workforce in Freelance mode by 2020
Augmented Human Interactions
50%
2.2B
12
Digital Enterprise
Enterprise Digital Transformation
Initiatives involve executives other
than the CIO
Executives undergoing formal digital
transformation efforts in 2017
Customer Driven Enterprise Value Chain
Business Processes automated by
transformation-focused
organizations in 2016
Traditional Value Chains
Analog Speed
Digital Enterprise Value Chains
Digital Speed
Source: Altimeter Group and MIT Sloan
88%
78%
59%
Enterprise
13
Digital Singularity and Value Maslow proposed that as basic needs are met, a person may focus on higher order endeavors.
Technology offers the levers to push human endeavor upwards.
2007 2017 20271997
Physiological
Safety
Belonging
Esteem
Self
Actualization
40%31%
22%
10%
36%
25%
22%
16%
11%
18%
21%
24%
8%
15%
20%
30%
5%11% 15%
20%
Chart is representativ e only, based on Av asant estimates(Sources: IMF, World Bank and UN World Happiness Index Statistics)
Maslow’s Hierarchy
14
We Will Solve the Grand Challenges.
We Will Live in a Different World.
87% 100%65%% of population in developing
countries with access to food
86%
79%
90% 96%
85% 100%
1997 2007 2017
% of population in developing
countries with access to water
% of population in developing
countries with access to utilities
2027
59%
65%
64%
Source: World Health Organization
15
$113 billion
68years
$169 billion
72years
$200 billion plus
78years
1997 2007 2017 2027
$96 billion
62years
Source: World Health Organization
Global Life
Expectancy
Global spend on
Life Sciences R&D
Full E. coli genome
sequenced with high-
throughput systems
DNA colony
sequencing
patented
Tens of millions of
human genomes
sequenced &
digitized
Billions of human
genomes
will be sequenced,
digitized
We Will Solve the Grand Challenges. We will extend life.
16
How Will Life Change in 2027?
The New Human Renaissance
30%
Barrier Free Access
Playing without rules
50%
Democratized
Egalitarianism
Enterprise of One
80%
Sharing
Communities
Designer Worlds
With unlimited access to data
and information 30% will seek
out non-traditional education
paths and employment
50% will work as independent
contractors and supplement
their income through multiple
channels
80% will design their own social
reality and communities
17
Digital Capital Policies • Increase policies related to human
capital, investment attraction and trade
that drive the digital economy
Direct Democracy Governments as both a consumer of digital technologies and a regulator will…
• Give voice to previously marginalized
groups
• Reduce the distance between the
government and the governed
Digital Infrastructure • Invest in key infrastructure related to
connectivity, trade, and institutional
maturity
• Leverage digital technologies to drive
improved and cost-effective services to stakeholders across various government
functions
Enlightened
Regulatory Framework • Make changes to the regulatory
framework to keep pace with changing
social norms and enable Digital business models
• Focus on security, privacy, risk, and Fake
News
The Role of
Government
will Change
18
Social Enterprisewill drive 100 percent of business
transactions and give power to the people.
Digital Value Chainswill drive a new digital enterprise
Zero Cost Transformationwill support business partnerships and rapid change to the new world
Technologywill cease to be an asset, but rather become ubiquitous with
human experience
What does this mean
for our industry?
19
Disruption Trends for 2017
Tectonic shift in US
Administration
Brexit: The Exit Process Intelligent Automation
+ Cognitive Takes off
Level 3 Autonomous
Vehicles Hit the Road
Augmented Reality for
B2B becomes a
Reality
Platforms become a
commodity
Emergence of the
Cognitive Era
Connected Liv ing
Transforms the Home
Mainstreaming of the
AI Personal Assistant
Drones Take Off
3-D Printing disrupts
supply-chain/logistics
The Industrial
Internet Play
Media
Democratization
IOT Pivots To Sentient
Tools
Rise of the Alternate
Economies
Increasing Insularity,
Nationalism, and
Protectionism
Data as a Serv ice
explodes
Socio-Economic Advanced Technology Business & Industrial Personal & Consumer
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Digital Singularity does not mean the end of humanity, but rather it is the beginning of a new era to free human creativity and deliver opportunity for all.
“
”
The Future is
Here
Empowering Beyond
GET CONNECTED
www.Avasant.com
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CEO & Senior Partner
Kevin Parikh
Main: +1 (310) 643-3030 Mobile: +1 (310) 995-1521
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