Anticipating the Future of the IT Industry
MARCH 22, 2016
How can we best anticipate the future of a complex, fast changing industry like IT? What can we learn from the IT industry’s 60-year history that might help us better prepare for whatever lies ahead? Cloud represents the industrialization of the data center.
Cognitive Systems and Big-Data-driven Applications
OCTOBER 23, 2013
In the first week of October I participated in a Cognitive Systems Colloquium hosted by IBM at its Thomas J. These systems will learn and interact to provide expert assistance to scientists, engineers, lawyers, and other professionals in a fraction of the time it now takes.” .
Innovating our way out of the industrial era
JULY 9, 2012
Our main constraints are our artificial structures, especially our schooling systems. Corporate America has, for the most part, chosen a poor path when it comes to IT labor issues, but CEOs aren’t into soul-searching and nobody can turn back the clock.
An Operating System for the Mind
Stephen Downes: Half an Hour
SEPTEMBER 19, 2009
Interestingly, that's how many people used to think of electronic information systems - as mechanisms into which you input facts to facilitate easy discovery and retrieval. The computer, or online systems (such as Minitel) were visualized as giant electronic libraries, with the sum total of the world's knowledge at our disposal. Put the facts into the system, and come up with some mechanism to get them out. Let's return to the computer system analogy.
Becoming a Data-Driven Business: Challenges and Opportunities
DECEMBER 19, 2016
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.”. In short, these systems are trained rather than programmed.”.
The Emerging Data Economy
MAY 22, 2017
Data has been closely intertwined with our digital technology revolution since the early days of the IT industry. Hardware and software platforms have long raised competitive concerns in the IT industry, due to the economic power of network effects.
On Saving the American Health System: Dr. Donald Berwick's.
DECEMBER 19, 2011
Search. The Observer | Business | You could be a genius - if only you had a good system. Rakesh Khurana: Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs. Adam Penenberg: Tragic Indifference: One Mans Battle with the Auto Industry over the Dangers of SUVs. Rakesh Khurana: Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs. Mind you we are not talking about a system full of failures. Bob Sutton.
The Continuing, Transformative Impact of IT
JUNE 12, 2013
Given their wide acceptance and growing deployment, there is little doubt that by 2025 these four IT trends will have a transformative impact on companies and industries around the world. Last month, the McKinsey Global Institute published Ten IT-enabled business trends for the decade ahead.
Lean Principles in the Digital Economy
AUGUST 6, 2014
More recently, lean principles have been playing a key role in a variety of industries beyond manufacturing which must now adapt to the fast changing technologies and markets of the Internet age. It was the right way to organize the fast growing industrial-age companies and industries.
The Datafication of Business and Society
JUNE 9, 2015
Data science and datafication may be new, but the relationship between computing and data goes back to the early days of the IT industry.
Is Design Thinking the “New Liberal Arts”?
OCTOBER 31, 2016
Design thinking is now being applied to abstract entities, - e.g. systems, services, information and organizations, - as well as to devise strategies, manage change and solve complex problems. Design thinking has become an increasingly popular topic of discussion over the past decade.
The Future of Financial Services
JUNE 23, 2015
Given its intangible character, it’s not surprising that advances in information and communication technologies (ICT) have in turn led to advances in the way we deal with money and payments, as well as with identity, trust and other key attributes of a well-functioning financial system.
Trust and the On-Demand Economy
DECEMBER 22, 2015
Transaction costs are incurred in obtaining goods and services outside the firm, such as searching for the right people, negotiating a contract, coordinating the work, managing intellectual property and so on.
The MIT Second Machine Age Conference
SEPTEMBER 24, 2014
The machines of the industrial economy, - the first age, - made up for our physical limitations, - steam engines enhanced our physical power, railroads and cars helped us go faster, and airplanes gave us the ability to fly.
The Importance of Empathy in Our Services-Centric, People-Oriented Economy
OCTOBER 6, 2015
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.
How Will AI Likely Impact How We Work, Live and Play?
DECEMBER 5, 2016
The auto industry has been adding L1 features to cars for over 40 years, and more advanced L2 features for the past two decades.
The Era of Cognitive Computing
JUNE 26, 2013
The Industrial Revolution led to dramatic improvements in productivity and standard of living over the past two hundred years. In this recently released excerpt , Kelly and Hamm point out that cognitive systems represent the third era in the history of computing.
New Tools Beget Revolutions: Big Data and the 21st Century Information-based Society
MAY 29, 2013
This is the first time in human history that we have the ability to see enough about ourselves that we can hope to actually build social systems that work qualitatively better than the systems we’ve always had. On May 22 I attended the 2013 MIT Sloan CIO Symposium.
Design Thinking and the Workplace Experience
OCTOBER 27, 2015
The mass production of standardized products is a hallmark of the 20th century industrial economy, bringing high productivity and low costs to a wide variety of products, - from household appliances to cars. Design has long played a major role in product innovation.
What Should We Think of Machines that Think?
FEBRUARY 10, 2015
People have long worried about the impact of technology on society, whether discussing railroads, electricity, and cars in the Industrial Age, or the Internet and smartphones that are now permeating just about all aspect of our lives.
5 Disruptive Trends That Will Alter Your Mobile Strategy
MARCH 6, 2012
Furthermore, while social media monitoring and exploring, I am seeing an increase in not only speculation of that point, but a firm belief from others in the industry that there IS a shift happening in todays learning market. In this consumer driven environment, “It’s not about you know, the learning management system. ” This shift in focus is a big change not only for the learning industry but for business organizations in general.
Cloud, Services and the Transformation of Production
MARCH 26, 2014
Is it a return to centralized computing , driven by the rising complexities, management costs and energy inefficiencies of distributed systems? In the industrial economy, production was mostly applied to physical goods, while services were primarily labor-based.
Computing Beyond Moore’s Law
APRIL 5, 2016
And, and as is often the case when it comes to highly complex systems, I find myself turning to biology as a source of inspiration, in particular, to evolutionary biology. Initially, we used these components to develop what in retrospect were not-very-powerful, stand-alone computer systems.
Blockchains: the Promise of More Frictionless, Trusted Economies
OCTOBER 11, 2016
Transaction costs are a kind of friction incurred in obtaining goods and services outside the firm, such as searching for the right supply chain partners, establishing a trusted relationship, negotiating a contract, coordinating the work, managing intellectual property and so on.
Why Some Work Groups Thrive While Others Falter
APRIL 25, 2016
Toward the end of his article , Duhigg notes the irony inherent in the findings of Google’s Project Aristotle. “The technology industry is not just one of the fastest growing parts of our economy; it is also increasingly the world’s dominant commercial culture.
The Future of Jobs in the Digital Economy
DECEMBER 19, 2012
Since the advent of the financial crisis around five years ago, we have been searching for answers to these very important questions. Technology has been replacing workers and improving productivity ever since the advent of the Industrial Revolution in the second half of the 18th century.
The Rise of the On-Demand Economy
MARCH 10, 2015
The Industrial Revolution led to the creation of many large and mid-size companies in which people worked together to produce goods and/or deliver services. In many service industries it is hard to see obvious economies of scale on a national or global level.” .
Customer Service and Trust in the Internet Economy
MAY 5, 2015
The Internet may well be the most important technological innovation in my lifetime, the engine that’s been pulling the economy and society from the industrial age of the past 200 years to our 21st century digital age. Tens of thousands did, crashing the FCC’s online comment system.
In Defense of Data Centrism
DECEMBER 23, 2010
Home About Complexity Reading List Knowledge Management Reading List In Defense of Data Centrism John 0 comments Education System Dec 23 In the never ending search to know “what works,” we have a few choices. It takes frightening shocks to the system to shake our faith in such levers.
Reflections on the Nature of Human Organizations
OCTOBER 31, 2012
Urbanization has been steadily accelerating since the industrial revolution as a result of the migration of jobs from farms to factories as well as the major advances in technologies, communications and transportation. Geoffrey West , a physicist formerly at Los Alamos National Lab and now at the Santa Fe Institute , has analyzed the impact of scaling in complex systems including cities. Urbanization is one of the major forces transforming societies all over the world.
The Digital Transformation of the Customer Experience
MAY 14, 2014
Every day brings new stories about the transformative impact of digital technologies on companies in just about every industry. Customers are taking advantage of all the information they can now access to search for the best possible values. .
HowI Is Our Digital Revolution Doing?
OCTOBER 22, 2014
“ It was the best of times, it was the worst of times… we had everything before us, we had nothing before us…” I was searching for the right words to characterize our present times, when Charles Dickens ’ memorable opening sentence from A Tale of Two Cities came to mind.
Reinventing Society in the Wake of Big Data
MARCH 20, 2013
For several years now, big data has been one of the hottest topics in the IT industry. Most people think that big data is about what people do online, like posts on Facebook or searches on Google. But, what do we mean by big data ? What are people really excited about?
A Great Stagnation or a New Golden Age of Innovation?
APRIL 23, 2011
According to Perez , over the past couple of centuries we have had such a technology-based economic and societal revolution every 40 - 60 years, starting with the Industrial Revolution in 1771, which was characterized by the emergence of machines, factories and canals. It includes education, cheap land, high yielding farms and mines, and the many new jobs that were created in the rapidly industrialized economies of the past two centuries, which were filled by waves of immigrants.
The Co-Evolution of Humans and our Tools
MARCH 3, 2011
Machine tools occasioned a surge in producing new tools in the industrial revolution. As digital components continue to become ever more powerful, inexpensive and ubiquitous, our IT systems are growing in breadth and capabilities at a dramatic rate. Paralleling the evolutionary Cambrian Explosion that took place around half a billion years ago, our own digital systems and tools seem to now be undergoing their own kind of Cambrian Explosion.
Towards a Hyperconnected, Digital Economy
JULY 5, 2012
Everyone pretty much agrees that there is a transformation of historical proportions underway, propelling us from the industrial society of the past two centuries to an information society that's in the process of being defined. It has enabled companies to integrate their business processes, information and workforce around the world, in search of lower costs and higher productivity as well as new markets for their products and services.
The MIT Inclusive Innovation Competition
MARCH 14, 2016
Technology has been replacing workers and improving productivity ever since the advent of the Industrial Revolution in the second half of the 18th century.
The Prosperity Puzzle
MAY 31, 2016
Nordhaus’ research implies that the true price of light “has been underestimated by a factor of between nine hundred and sixteen hundred since the beginning of the industrial age. Complex Systems Data Science and Big Data Economic Issues Political Issues Society and Culture
Technology and the Future of Media
AUGUST 18, 2015
But, how are these transformations playing out industry by industry? This question was explored in Industries in Transformation , a series of reports developed by Ericsson in collaboration with the Imperial College Business School and the UK’s Sustainable Society Network.
The Emergence of a Digital Money Ecosystem
DECEMBER 22, 2011
This has resulted in all kinds of innovative applications, - search, e-commerce, entertainment, social networks, Watson-like intelligent systems, and so on. Standards The Internet and World Wide Web introduced a culture of standards to the IT industry. Until the early 1990s, it was quite difficult to get different kinds of IT systems to talk to each other.