Kevin Benedict is a TCS futurist and lecturer focused on the signals and foresight that emerge as society, geopolitics, economies, science, technology, environment, and philosophy converge.
The Great Collision: From Frontier Myths to Digital Dependence
Forces Driving the Future of Networks
The Historic and Future Impacts of Networks
Navigating the AI Revolution with Gartner Analyst, Deepak Seth
Not So Obvious Strategies for 2024
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The Hidden Currency of Change: Transformational Energy
The Future, Progress and Moral Frameworks
Those who believe in the inevitable progress of man, forget that the twentieth century was the bloodiest, most destructive century in human history. The century's two world wars alone resulted in the deaths of at least 60 million people.
Building a Better Future
Future Catalysts that Just Might Change Us
Catalysts that Shaped Human History
How Beliefs Influence the Future
Reading the News Like a Futurist with Alex Whittington
Using Physics to Understand the Future
"While there can be surprise technological and market disruptions, classical Newtonian mechanical physics’ suggestions that trajectories are the flight paths determined by mass positioning, direction, and momentum as a function of time can help us make accurate predictions." ~ Jeffrey A. Sonnenfeld & Steven Tian
As a writer, I appreciate gifts of inspiration. Reading the above quote set my mind off this morning. It is so true! As a futurist we are always studying trends, innovations and developments, and then searching for signals that will inform us about the "trajectories," each of them will follow. Using Newtonian mechanical physics as helpful metaphors to understand directions and how much inertia a trend has, how fast it is changing, and how much resistance it might face are all useful considerations.
I have had the pleasure over the last year to meet with the leadership teams of many large companies around the world to talk about the future. Bringing a list of over 350 fast evolving trends across the domains of science, technology, societal, geopolitical and economic is a good place to start, but these discussions almost always turn quickly toward Newtonian mechanical physics. How much? How fast? When? What direction? How much inertia? What kind of resistance? These are the right questions!
As I covered in an article earlier this week, we can create different buckets of trends, innovations and developments. Some, are incremental innovations, while others are "launchpad" developments that will support entire new ways of thinking and will change the direction of our future.
It's not enough to pocket a list of quickly evolving trends, developments and technologies. One must understand the physics involved, the dependencies for a development to move forward, understand which rung on the historic ladder of progress a development is sitting, and also understand it's potential for scaling. These, of course, are just the beginning, but they are a good place to start.
A Futurist Pondering Biological vs. Digital Learning
Launchpads and Convergences
- Broad Applicability: Technologies that can be applied across a wide range of industries and disciplines.
- Potential for Disruption: Technologies that challenge or revolutionize the existing way of doing things in significant areas (like communication, energy, transportation).
- Scalability: The potential to be scaled up efficiently and economically to serve large populations.
- Foundation for Further Innovation: A technology that serves as a foundation on which other technologies can be built.
- Addressing Fundamental Needs or Problems: Technologies that solve fundamental human problems or needs (like health, safety, communication).
- Interconnectivity: The ability to connect with and enhance existing technologies or infrastructures.
- Economic Viability: The potential for economic sustainability, profitability and with widespread adoption and development.
- 5G/6G
- Sustainable Energy
- Internet of Things
- Artificial Intelligence
- Drones
- Mixed/Extended/Augmented/Virtual Realities
- Blockchain/Distributed Ledger
- Precision Foods - Farming/Fermentations/Lab Grown/Vertical/Plant Based
- Robotics
- Synthetic Biology
- Genetic Engineering
- Genomics
- Precision Medicine
- Nanotech
- Quantum Computing
Chain of Development
Lessons in Scaling
- Technological Innovation: At the core of most scaling endeavors is a technological breakthrough. From the invention of the plow in agriculture to cloud computing in the digital age, technology acts as a catalyst that enables scaling by improving efficiency and productivity.
- Standardization: The adoption of the alphabet and the creation of global supply chains both required standardization (think 40 foot shipping containers). Standardized processes, measurements, and systems enable replication and consistency, which are essential for scaling.
- Infrastructure Development: Robust infrastructure, such as Roman aqueducts and sewage systems, railroads, and telecommunication networks, supports the expansion of scale by facilitating the flow of goods, services, and information.
- Economic Systems: The development of financial institutions and corporate structures provided the framework necessary for scaling industries and managing large-scale economic activities efficiently.
- Sociopolitical Factors: The spread of major world religions and the impact of world wars demonstrate the role of governance, ideology, and organizational capability in scaling. These factors can direct resources, mobilize populations, and enforce systems that enable scaling.
- Globalization: Many forms of scaling were made possible due to the expansion of global interactions. Trade routes, maritime technologies, and later, aviation and the internet, all contributed to creating a globalized world where ideas, products, and innovations could scale rapidly.
- Human Capital Development: The proliferation of global education systems and the resultant improved literacy rates fostered a knowledgeable workforce capable of driving and sustaining scaling efforts.
- Regulatory Frameworks: As seen with the United Nations' formation, effective scaling often requires governance structures that can manage increased complexity and maintain standards across expanded domains.
- Ethical and Social Considerations: The negative aspects of scaling, such as labor conditions during the Industrial Revolution or the environmental impact of the oil industry, highlight that scaling often brings with it ethical and societal challenges that need addressing. Synthetic biology, artificial intelligence and climate change ensure these kinds of ethical challenges will continue into the future.
Scaling has Benefits |
The Essence of Intelligent Digital Leadership
The Phenomenon of Scaling
- Geopolitical Implications: Scaling, particularly in the realm of technology, has given rise to superpower corporations whose influence rivals that of countries. Such entities, with their vast resources and global reach, have often become essential players in diplomatic circles, sometimes even mediating in geopolitical tensions. For instance, the rise of multinational corporations has led to a new form of diplomacy where trade and business interests often take precedence over traditional geopolitical considerations.
- Market Dynamics: Scaling has led to the formation of global markets, transcending traditional boundaries. While this has provided consumers with diverse choices and competitive prices, it has also posed challenges such as monopolies and the undermining of local businesses. The dominance of few scaled entities can sometimes stifle innovation and lead to market stagnation.
- Impact on Nations: The story of scaling is also the story of urbanization. As businesses scaled, they prompted massive urban migrations, leading to the rise of mega-cities. While such urban centers have become hubs of innovation and economic growth, they've also brought challenges like inequality, overcrowding, and environmental degradation.
- Wars and Peace: The scaling of industries, especially in the realm of armaments and technologies, has significantly impacted the nature of warfare. On the one hand, scaled production played a crucial role in World War II outcomes; on the other, the scaled proliferation of nuclear technology has led to deterrence strategies, arguably preventing large scale conflicts. Furthermore, economic interdependencies between scaled economies have often acted as a deterrent against conflicts, promoting negotiations and peace over war.
- Economic Impacts: The ability of companies to scale has been a significant driver of global economic growth. Scaled businesses contribute massively to GDPs, employ vast numbers of people, and spur innovations that drive economic progress. However, this has also led to economic disparities, both within and between nations. As certain sectors or regions scale rapidly, others that can't keep pace may face economic stagnation.
- Cultural Implications: As businesses and technologies scale, they also transport their native cultures with them. This has led to a blending of cultures in some cases and a homogenization in others. The global influence of scaled entities like Hollywood or major tech companies has sometimes overshadowed local cultures, leading to debates about cultural imperialism.
The Legacy and Future of Scaling
Interviews with Kevin Benedict
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In this interview, we sit down with Gartner’s Deepak Seth to explore the transformative power of Artificial Intelligence (AI) and its far-re...
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In this episode of FOBtv, Jasen Williams, the Global VP of Corporate Marketing at Verint, shares his insights on the evolving landscape of c...
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The history of human communication is marked by groundbreaking technological innovations that have reshaped societies. Among these, there ar...