The Emergence of Industry 4.0

Irving Wladawsky-Berger

Over the past few years, Industry 4.0, - aka the 4th Industrial Revolution, - has been the subject of several articles, studies, and surveys, as well as a book published earlier this year by Klaus Schwab , founder and executive chairman of the World Economic Forum (WEF). Industry 4.0

Blockchain and the Music Industry: Turning Pennies into Dollars

Irving Wladawsky-Berger

Just about every industry has been significantly transformed in the past few decades. But few have been as disrupted as the music industry. According to the Recording Industry Association of America (RIAA), revenues fell from roughly $12 billion in 2006 to around $7 billion in 2010.

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The Fourth Industrial Revolution

Irving Wladawsky-Berger

The Fourth Industrial Revolution: what it means, how to respond was the central theme of the 2016 World Economic Forum (WEF) that took place earlier this year in Davos, Switzerland. Scope : Disruptions are taking place in “almost every industry in every country.”.

How the personal data extraction industry ends

Doc Searls

What Big Tech’s Monopoly Powers Mean for our Culture is Elizabeth Kolbert ‘s review in The New Yorker of several books, one of which I’ve read: Jonathan Taplin ’s Move Fast and Break Things—How Facebook, Google, and Amazon Cornered Culture and Undermined Democracy.

The Fourth Industrial Revolution - Risks and Benefits

Irving Wladawsky-Berger

The Fourth Industrial Revolution (4IR) was the central theme of the 2016 World Economic Forum (WEF) that took place a year ago in Davos, Switzerland. Dr. Schwab positions the 4IR within the historical context of three previous industrial revolutions.

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Third Industrial Revolution – Review

Harold Jarche

Tweet The future should be networked writes Jeremy Rifkin in The Third Industrial Revolution. He sees the next industrial age, one bridging industrialism to continental collaboration as the most feasible post-carbon future.

Culture of Hope

David Weinberger

Forum d’Avignon is an annual get-together in France to talk about culture, by which most of the attendees (and especially President Sarkozy who came to give a speech ) mean how they can squash the Internet and retain their stranglehold on culture. Does culture / creative imagination give you a reason to hope?” If not culture, then what would give us reason to hope? Culture flourishes when it is open, abundant, connected, engaged, and diverse.

The Tale of Two Cultures

Jay Cross

Snow wrote an essay describing the “two cultures, whose thesis was that ‘the intellectual life of the whole of western society’ was split into two cultures — namely the sciences and the humanities — and that this was a major hindrance to solving the world’s problems.

Our New Head of Service Design: On the state of the industry, its value, and why Capital One

Adaptive Path

Where is the industry headed? Rather, it is a social practice that supports and weaves through just about everything a business does : from that first moment of truth with a customer, where they engage, keep engaging, and ultimately become an advocate; to the thoughtful design of the systems, technology, culture and practices of the teams that enable all of this. Hey, there’s someone we’d like you to meet.

Technology, Media and Culture - the Best of Times or the Worst of Times?

Irving Wladawsky-Berger

USC’s Annenberg Innovation Lab (AIL) was founded in 2010 to study the transformational impact of technology on culture and on the media industries. But, he also notes that these changes are hitting the media industries particularly hard.

Why Lean Programs Fail—Where Toyota Succeeds: A New Culture of Learning

Steve Denning

A new culture of learning. A new culture of learning in education. In their exciting new book, A New Culture of Learning: Cultivating the Imagination for a World of Constant Change , Douglas Thomas and John Seely Brown show how the same issues play out in the education system.

The Tale of Two Cultures

Jay Cross

Snow wrote an essay describing the “two cultures, whose thesis was that ‘the intellectual life of the whole of western society’ was split into two cultures — namely the sciences and the humanities — and that this was a major hindrance to solving the world’s problems.

The Need to Adapt to the Speed of Change or Die: lessons for L&D from the retail industry

Charles Jennings

As with the many bookshops that have been forced to close in the face of new entrants to the publishing and distribution market – Amazon and Apple – the retail music industry certainly saw what digitisation was doing. Yesterday another great British institution slid into the history books.

The Economic and Cultural Polarization of America

Irving Wladawsky-Berger

For most of our nation’s history, whatever the inequality in wealth between the richest and poorest citizens, we maintained a cultural equality known nowhere else in the world - for whites, anyway.” There was a common civic culture, - the American way of life , - “that swept an extremely large proportion of Americans of all classes into its embrace. You might say the country has bifurcated into different social tribes, with a tenuous common culture linking them.”

AI and the Productivity Paradox

Irving Wladawsky-Berger

Even after reaching a tipping point of market acceptance, it takes considerable time, - often decades, - for the new technologies and business models to be widely embraced by companies and industries across the economy, and only then will their benefits follow, - including productivity growth.

The Rise of Winner-Take-All Urbanism

Irving Wladawsky-Berger

Winner-take-all urbanism is another manifestation of the winner-take-all economics of the past few decades, in which a relatively small number of players reap a very large share of the rewards, upending whole industries with their outsized returns.

AI and The Future of Work

Irving Wladawsky-Berger

But, over time, these same technologies led to the creation of whole new industries and new jobs. While the technologies of the industrial economy helped to make up for our physical limitations, the technologies of the digital economy are now enhancing our cognitive capabilities.

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A linchpin culture

Harold Jarche

In our post-industrial world, though, fac­tory worship is a non star­ter. and he hits the nail on the head that the industrial model for work design is no longer of much use. Becoming a linchpin is the first challenge, but enabling a linchpin culture is the greater one.

The Long Term Impact of AI on Jobs - Some Lessons from History

Irving Wladawsky-Berger

People have long worried about the impact of technology on society, be it railroads, electricity, and cars in the Industrial Age, or the Internet , mobile devices and smart connected products now permeating just about all aspect of our lives.

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A Historical Perspective on the Digital Economy

Irving Wladawsky-Berger

According to Perez , since the onset of the Industrial Revolution we’ve had 5 major technology-driven economic cycles , each one lasting roughly 50-60 years. The Roaring Twenties was a decade of industrial growth and rising consumer demands, as well as artistic and cultural dynamism.

Is Blockchain Ready to “Cross the Chasm”? Lessons from the Internet

Irving Wladawsky-Berger

The study interviewed almost 3,000 C-Suite executives from over 80 countries and 20 industries to learn about their company’s blockchain plans. They make up an average of 8 percent across all industries, with higher activity in certain industries like financial services.

Where is Technology Taking the Economy

Irving Wladawsky-Berger

He wrote that t he AI he foresees is more like a kind of “cheap, reliable, industrial-grade digital smartness running behind everything, and almost invisible except when it blinks off… It will enliven inert objects, much as electricity did more than a century ago.

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On the Governance of Blockchain: Lessons from the Internet

Irving Wladawsky-Berger

The Internet and World Wide Web brought a badly needed culture of collaboration and standards to the IT industry. There will not be a single blockchain but many, some of which may serve specific industries or geographies.

A Novel Approach for Measuring the True Impact of the Digital Economy

Irving Wladawsky-Berger

A truly digital economy is one in which businesses from across the industrial spectrum are investing in digital and making the most productive use of it,” notes the report. “The mechanisms by which this is happening are complex and evolving.

Personalization for Knowledge Workers

Xyleme

We’ve adopted a philosophy of hiring the talent where it is, promote hard work and high quality of life, and have cultivated a virtual culture of global collaboration and communication. Content Development Industry Talk Instructional Design L&D

Global Trends and Business Strategy

Irving Wladawsky-Berger

The ability to anticipate where your industry is moving and to begin to reposition your company ahead of competitors is one of the most important elements of business strategy. They could transform entire industries, including automobiles, aviation, and electronics.

Blockchain and the Future of the Firm

Irving Wladawsky-Berger

Big, multinational companies dominated most industries, - GM, Ford and Chrysler in cars, Citibank, American Express and Morgan Stanley in finance, and Esso/Exxon, Mobil and Texaco in oil and gas.

Automation Anxieties - We’ve Been Here Before

Irving Wladawsky-Berger

What will my industry look like in 10 years?; In fact, it will usher in once-in-a-century growth prospects as we reengineer our infrastructure, our industries, and our institutions.… Discovery : “Leverage AI to conceive entirely new products, new services, and entirely new industries.

Peering into a Confusing, Paradoxical Future

Irving Wladawsky-Berger

Diversity Economic Issues Education and Talent Management and Leadership Political Issues Society and CultureEvery four years since 1997, the US National Intelligence Council has been publishing a Global Trends report on the key trends that will shape the world over the following twenty years.

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The Importance of Empathy in Our Services-Centric, People-Oriented Economy

Irving Wladawsky-Berger

The study conducted face-to-face, in-depth conversations with dozens of senior executives across companies in a broad range of industries and consulted with a number of other academic institutions. You must be sincerely interested in understanding other cultural preferences and choices.” .

Corporate Survival: Lessons from Biology

Irving Wladawsky-Berger

The carnage might be more pronounced in the fast-changing IT industry, but no industry is immune. Complex Systems Economic Issues Education and Talent Innovation Management and Leadership Smart Systems Society and Culture Technology and Strategy

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The Rise of the Platform Economy

Irving Wladawsky-Berger

Platforms have long played a key role in the IT industry. Not surprisingly, the 6 companies offering both innovation and transactional platforms, are the giants in the industry, - Apple, Google, Facebook, Amazon, Alibaba and XiaoMi, - with almost 50% of the global market value.

Disruptive Innovation Revisited

Irving Wladawsky-Berger

Not only does it have a meanness that isn’t warranted, but it leaves the reader with an unanswered question: if Clay''s theories are not helpful (and I still believe they are), how do we explain the cascading disruptions that are playing out in markets and industries around the world?” .

Gender Diversity, Empathy and Technology

Irving Wladawsky-Berger

Finding and retaining talented individuals with these capabilities is a challenge regardless of geography or industry. The study identified five specific leadership competencies: adaptability, cultural competence, 360-degree thinking, intellectual curiosity, and empathy.

Platforms, Blockchains, and the Evolution of Trust

Irving Wladawsky-Berger

Or is there a fundamental conflict at the heart of an industry that preaches collaboration but, due to being radically commercialised by venture capital money from Silicon Valley, also needs to profiteer from the goodwill of others if it’s to remain viable?…”.

Becoming a Data-Driven Business: Challenges and Opportunities

Irving Wladawsky-Berger

Given rapid technological advances, the question for companies now is how to integrate new capabilities into their operations and strategies - and position themselves in a world where analytics can upend entire industries.”.

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Global Arbitrage and the Productivity Puzzle

Irving Wladawsky-Berger

By the end of the 2000s, many industries were dominated by a few large corporations. Economic Issues Management and Leadership Political Issues Society and Culture

Becoming a 21st Century Digital Tinkerer

Irving Wladawsky-Berger

This was generally the case during the industrial age of the past two centuries, when according to experts like Carlota Perez , we had a major technology revolution every 50 - 60 years, when new technologies emerged from the labs into the marketplace, disrupting existing industries and jobs.

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The Competitive Value of Data: From Analytics to Machine Learning

Irving Wladawsky-Berger

Such competitive concerns have long applied to hardware and software platforms in the IT industry. Artificial Intelligence Data Science and Big Data Economic Issues Innovation Political Issues Society and Culture Technology and Strategy

Minds and Machines

Irving Wladawsky-Berger

But, computers’ creative abilities are expanding rapidly, especially in areas like industrial design. Artificial Intelligence Complex Systems Data Science and Big Data Economic Issues Innovation Smart Systems Society and Culture Technology and Strategy

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