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2018 and Beyond



The folks at Farm and Dairy Magazine interviewed me on trends to watch in 2018 in the world of agriculture. It’s a good read – you’ll find it below!

On stage in New Orleans, I spoke about the idea of Spock having a medical tri-corder on the farm. It’s not as crazy an idea as you thinK!

As I write this post, I’m down in San Antonio, where I’ve got two events where I’ll speak about the future of agriculture to several hundred dealers for a farm and ag supplier about future trends.

I love talking to farming groups – it’s one of the most innovative industries that I know. Watch this video for the reasons why!

5 agricultural trends to watch in 2018
Farm and Dairy, January 2018

SALEM, Ohio — The top five trends to watch for in 2018 are sure to keep farmers on top of their game.

With an increased number of events causing hysteria, with the rise of “fake news,” an overload of news in general — thanks to the world being at our fingertips — farmers have to work harder to tell their story, said Jim Carroll, futurist.

“All producers need to be honest in explaining the humane treatment of animals, to explain what they do. We need real ag folks to tell our story, we’ve got to increase real news,” he said.

Social media is the key, and farmers haven’t been in the conversation enough, Carroll said.

This year, we need to keep our eye on emerging issues, agritourism and marketing, adds Brad Bergefurd, Ohio State Extension horticulture specialist and educator in Scioto County.

In addition to the continuous need to tell our story, experts believe these five issues will be trending in 2018:

1. Increased speed of change

We’ve been talking about it for years, and now it’s happening: Young people are returning to the family farm — the iPod generation is gaining the reins, said Jim Carroll.

“The speed of change will pick up; those returning to the farm are open to all these new ideas,” said Carroll, who travels the country talking about the future. “People are scared of the future, but want to understand it.”

The average age of farmers is 58. Their average age has been inching upward for approximately 30 years, according to the USDA’s Census of Agriculture.

The census shows that during the past 30 years, the average age of U.S. farmers has grown by nearly eight years, from 50.5 years to 58.3 years, but that is about to change, warns Carroll, and that change brings rapid innovation adoption.

2. Fitbits for cows

A world with animal and crop health sensors will continue to flourish this year.

“Fitbits for cows, chickens, pigs — we see it happening now, but it will expand,” said Carroll.

Using drones to fly over herds to check on the health is happening. Farmers are monitoring the gestation of an animal, getting notifications from their iPhone, he said.

“We’ll see connectivity as a management practice,” Carroll said. “Being connected can save time and money on animal health.”

“Data analysis in the year ahead will supplement what farmers know intuitively,” he said, “and, in some cases, challenge those assumptions.”

New products rely on aerial satellite imagery, greenness sensors, soil maps and millions of weather data points — this innovation meshed with a group of early adopters is sure to keep technology pushed to the limits.

3. Global trade advocates

Global trade matters, it always has and it always will, agree Carroll and Tanner Ehmke, a former wheat farmer who is now the Knowledge Exchange manger at CoBank.

“Of course farmers in the Midwest are saying ‘don’t take apart NAFTA.’ NAFTA does matter,” said Carroll.

“Without a global perspective, the cost of food will double or worse. Without NAFTA, markets will be lost, trading partners and labor forces will be lost,” Ehmke said.

“There is room to be optimistic in trade in 2018,” he said. “But, we can’t lose NAFTA. No bilateral trade deals can replace the benefits of NAFTA.”

4. Labor shortages

Labor shortages will continue for highly skilled stoop labor, which tend to Ohio fruit, orchard, nursery, hops and vegetable crops, said Bergefurd, who focuses on specialty crops across Ohio.

“There were major labor shortages on Ohio farms in 2017, resulting in many acres of vegetables and some fruit not being harvested due to shortage of hand harvest labor,” he said.

He foresees a shortage of high quality, locally grown fruit and vegetables. Several large farms don’t have the needed labor, and, as a result, they are changing operations and not producing as many — or any — specialty crops, and are growing more grain crops instead, Bergefurd said.

Bergefurd predicts the acreage devoted to mechanically harvested pickling cucumbers will increase in northwest Ohio and few acres of the 80-year-old traditional, hand-harvested pickling cucumbers of Ohio will be planted due to labor shortages.

“Farmers who will plant hand-harvest pickles will adopt the use of harvest aids and will continue to move away from the crop share method that has historically been used,” he said.

5. Hitting bottom

“2018 looks like we will hit bottom, with grain and dairy prices bottoming out,” said Ehmke, who works to provide strategic insights about trends, structural change, and policy directives within the key rural industries served by CoBank.

“In 2018, we will see farm stress get worse before it gets better. We need to be proficient thinkers and use our relationships to get by.”

The world supply of crops will get tighter this year as usage picks up — starting to match with production, he said.

“We see the world demand, especially in Southeast Asia going up, and that is a good thing.”

Politically, trade uncertainty looks to continue this year, which won’t help the markets. Dairy prices continue to be under stress, as we see expansion globally, he said.

As prices hit bottom, Ehmke is optimistic that they will start to go the other way in 2019.

“I hope to see the dollar soften a bit. It won’t be a game changer this year, but it will start to help,” he said.

Are you ready for 2018?

You need to be. Change is fast and furious, and it’s everywhere. Watch this to understand what comes next — and what you need to do!

 

Production note: ‘green screened’ in my basement with my new iPhone X. The video quality of this phone is staggering! Awesome video edit done by my partner in Moscow, Armine Simonyan, aka Alexandra. Her work is wonderful!

What are the drivers of disruption in your industry? Where is all the fast change coming from?  Edge thinking, iterative design, small beats big, rapid prototyping, devices change and more.

Watch my 2nd 2018 Outlook video – “The Seeds of Disruption: The Impact of Edge Thinking and More!”

It’s always fun to watch the crystallization of a trend that you’ve been speaking about on stage for over 15 years. And that trend is what I’ve come to call ‘complexity partners.’

I recently did a keynote for Quintiq, which is a company that builds a software platform that helps companies to manage complex supply chains and workforces. And while there, I did an interview with them on why the need for ‘managing complexity’ is becoming critical in the context of faster trends.

 

It’s kind of fun, because this is a trend I’ve been speaking about for 20 years, going way back to my book, “Surviving the Information Age.” I it,  which I coined the phrase, “complexity partners,” describing in it that one of the key things organizations would need to focus on in the future was managing increasing complexity. Nailed it!

And I’ve written many posts around the issue, particularly around complex workforce issues. For example, in a blog post on 21st century capital, I wrote this:

  • complexity partnerships: in the 20th century, organizations focused on hiring the skills that they needed to get the job done. You simply can’t do that today — skills are too fragmented and too specialized. That’s why successful organizations have mastered the art of complexity supply and demand. They provide their own unique complex skills to those of their partners who need such skills. And when they are short other skills, they tap into the skills bank of their partners. By selling and buying skills with a broad partnership base, they’ve managed to become complexity partners — organizations that spend most of their time focusing on their core mission, and spend less time worrying about how they are going to do what they need to do.

It’s a big and important issue, and if you look at the client list for Quintiq, you’ll know that the trend has matured and gone supernova. Here’s a clip from the keynote! Enjoy!

You know you are doing something right when an organization brings you back for the 3rd time!

The International Asset Management Council is an organization relentlessly focused on economic trends, and represent two distinct groups – economic development representatives from government organizations, including states, provinces and cities, as well as individuals in many Fortune 1000 organizations responsible for future site locations for manufacturing plants, R&D facilities or other corporate locations. The content of my talk? Look at this picture. Now read this post.

IAMC had me in for a keynote in 2003 to put into perspective how the Internet and technology would continue to change the global economy, and again in 2010 to paint a picture as to why we would continue to see massive economic growth after the economic downturn of 2008. My predictions in both keynotes were bang on.

Fast forward to 2017: they just had me in to open their fall 2017 economic outlook conference in Richmond, Virginia, with a keynote focused on the trends that are providing for future opportunity in the manufacturing sector. That was easy for me to do – I’ve done dozens of keynotes in the world of manufacturing sector over the last decade, both for manufacturing associations as well as Fortune 500 companies.

The undercurrent of my talk, though, in putting manufacturing trends into perspective, was the broader theme : we live in a transformational period of time, in which people and organizations are making big bold decisions related to major trends, in order to discover and establish success in the next economic wave. Obviously, folks like Elon Must.

So what should someone in economic development do to discover the next wave of economic opportunity? Here’s a good list to start thinking about the question!

  1. Align to tectonic shifts – While there is only one Tesla Motors and Gigafactory, and but one Elon Musk, there are many other new companies and people reinventing our world. There are a massive number of new disruptive trends (such as detailed in my blog post, Disruption: There’s More to It Than You Think There Is! Each of these trends which can provide for big economic opportunity, massive industry shift, and the establishment of new companies. Watch those disruptive trends, and understand where future growth with occur.
  2. Be relentlessly positive.The trends defining the future are around us now, and are defining future economic growth! Over my 25 years as a futurist, I’ve been through several economic downturns, but have always preached that real opportunities are found in trends: science, technology, knowledge and transformation. When the next inevitable downturn hits (we’ve been on a great 8 year run since 2008), make sure you keep your thinking aligned to future opportunities.
  3. Think trends, not fads.  It’s all too easy for those in economic development areas to focus on the fad of the day: think, for example, of the hysteria around the recent Amazon 2HQ beauty contest. While you probably need to chase opportunities like this, don’t let it make you forget out about other trends that are charging the future forward.
  4. Challenge assumptions on speed. The future is happening faster than you think! Consider, for example, how quickly self driving cars are coming about, and the rush to electric vehicles. Both have profound economic development implications, such as what I suggest in this post, Self-driving Cars and Economic Success. Challenge yourself on velocity: be prepared to accelerate your efforts.
  5. Align to fast science. All trends are based, at their heart, on the result of scientific discovery. Think about the fast pace of evolution of battery technology, and how Nevada hit a home run with the placement of the Gigafactory in Reno. Here’s the thing: batteries are the new plastic, and there is going to be a lot of economic growth, investment and new industry established around this one single aspect of our world of science. 
  6.  Know when to jump. When should a community align to a trend? In the IT world, many of us rely on something called the Gartner HypeCycle. It’s a useful tool to understand when any particular trend might become real and hav major impact. Make the hype-cycle part of your overall process — jump in any get involved with any trend in order to understand
  7. Focus on ‘smart’. There’s a lot of hype about smart cities and the future, and some of it might be overplayed. But clearly, organizations in the future will choose to place facilities in locations that have smart infrastructure, smart highways, fast bandwidth, and all the other attributes of being at the forefront of trends.
  8. Don’t be dumb. I can’t think of a dumber economic initiative than the money that Wisconsin is putting behind the Foxconn plant. Expect to wake up in 5 years to headlines as to how idiotic the structure of the deal was. Don’t jump on board fake trends.
  9. Don’t be afraid to fail. Having said that, be prepared to make some mistakes along the way. Nevada put a lot of money into an initiative by Faraday involving an electric car factory that appears to have failed. Is that a bad thing? Not necessarily so, since when it comes to aligning to the future — you win some, and you lose some.
  10. Be like Fiji. Fiji doesn’t have a potato industry, but no matter. They’ll build one. For a great economic development attitude, read this post.
  11. Think skills. Focus on the new job categories that are emerging. For example, in the world of agriculture, we are seeing the emergence of all kinds of new careers, such as vertical farming infrastructure managers, drone helicopter insurance crop risk managers, robotic herd health monitors and cattle ranch drone herder infrastructure managers! Go into any industry, and watch the new careers coming about – and then think about the economic development implications that might come from that.
  12. Go global for ideas. Think big trends. Vertical farming mentioned above? Already there are 800 million ‘city-farmers’ according to UN statistics – including 25% of population of Burkina Faso, 35% in Cameroon, 63% in Kenya, 68% in Tanzania. Fast fact: 90% of the fresh vegetables in Accra, Ghana come from farming within the city. So vertical farming is a major trend, and has implications for your local economy. Assess what it might mean in terms of opportunity, infrastructure, new companies….
  13. Get distributed. Make sure your infrastructure is aligned to the new decentralization. Consider local renewable energy generation, or “distributed energy resources.” It’s growing 3-5x faster than centralized energy — one California utility estimates investments in DER in solar and micro-grid is now growing faster than its own main new-energy & basic grid investment. Distribution is happening in every industry, resulting in fascinating new companies establishing wonderful new companies based on concepts that didn’t exist just a few years ago.
  14. Watch for clues. We live in the era of the ‘grand challenge” — initiative such as the XPrize Foundation, which challenge the global scientific community to solve some of the biggest problems of our time having to do with energy, healthcare, the environment, transpiration. The XPrize led to SpaceX; the Darpa challenge led to the emergence of the self-driving car trend. Other challenges are leading to the birth of other new billion dollar industries.
  15. Ignore those who are playing defence. Doomed business models fight losing battles to try to protect their future, and most often, fail. That’s happening right with automotive dealer associations as they try to protect a dying business model in the face of rapidly changing consumer behaviour, and upstarts like Tesla who dare to do something different with automotive stores in shopping malls. The same holds true for record companies in their battle against Mp3 music — we now live in a music streaming world. Place your bets on the disruptors, not the disrupted.
  16. Align to the bold changes. For example, take a look at how Saudi oil giant Aramco is realigning its business to petrochemicals and away from oil. That parallels other big shifts — from carbon cars to electric vehicles; from coal to renewables; from car-buying to car-sharing. Better to align yourself to those who are making big bold moves as opposed to those who are stuck in the status quo.
  17. Look for exponential trends. WE sequenced 1/10000th fo the human genome in 1990, and 2/10000 in 1991. It was only 1% by 2007 – but 7 years later, it was done. That’s exponential math: 1% is only 7 doublings away from 100%. The same type of trend is driving solar : we are at 2% solar today, but 2% is only 6-doublings away from 100%. We’re doubling solar capacity every 2 years, and so that leaves only 12 years to 100%. Understand exponential industries, and you’ll understand economic growth.
  18. Be like the Jetsons, not the Flintstones. Coal isn’t the future. Get over it.
  19. Think long term. Just like investing. Creativity doesn’t care about economic downturns. Those who invent the future will keep doing so despite any economic uncertainty. Have a long term economic success plan, and stick with it through the ups and downs.
  20. Think global. Look at the picture below which I put up on day as part of my daily motivational posting. Simply put. America isn’t everything.

But wait, there’s more!

    21. Hire me! Seriously. If you want to discover the future of economic opportunity, bring in a futurist like me. We’ll share with you what comes next, infuse you with our optimism, and show you a path forward.

Disruption is real, it’s big, and it’s happening faster than you think. My job as a futurist has me doing an increasing number of CEO level events for Fortune 500 companies around the world, participating in leadership meetings which are focused on the massive transformations and disruption occurring in every single industry. Clients such as NASA, Disney, Godiva, Nikon, Mercedes Benz, Johnson & Johnson, and many more.

There is so much coming together all at once, and it accelerates everything. You might not understand the multiple trends that are coming together, so let me take you there.

Here’s what you need to think about today, as the pace of change picks up:

1. Multiple trends merge. There’s a lot going on! Individually, any trend is disruptive. Combine them together, and it’s transformative. 3D printing, exponentiating bandwidth, hyper-connectivity, the Internet of Things, artificial intelligence, robotics, neural networks, deep analytics, autonomous vehicles, Bitcoin and blockchain, self-learning systems. All of these trends and more are merging together,  leading to a massively new, connected, intelligent machine that will transform, change, challenge and disrupt every industry.

2 Every company becomes a software company. From healthcare to insurance, home appliances to automotive, manufacturing to packaging, retail to sports & fitness, energy to agriculture: every industry is seeing massive change as it becomes enabled, challenged and transformed by technology and connectivity. From precision agriculture to self-driving cars, smart clothing to connected microwaves, remote medical monitoring devices to active packaging  — every company in every industry is becoming a computer company, with software and technology at its heart and soul.

3. Moore’s law innovation speed defines every industry. It’s the rule that defines that the processing power of a computer chip constantly increases while the cost collapses at an exponential rate — and that speed of change is coming to drive the speed of innovation in every single industry as we all become tech companies. Companies are having to innovate and transform at a pace never seen before.
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4. Science exponentiates. The volume of medical knowledge is doubling every six years, and the number is going down. The cost for genomic sequencing is following an exponential downward curve. Battery technology innovation is moving forward at a furious pace with new methodologies, ideas and more coming to market. One single new chemical substance allowed Apple to miniaturize the hard drive for the original iPod, which led to the birth of a billion dollar industry. Science is the heart of the future, and the future is happening faster!

5. Edge thinking dominates. Crowdfunding networks allow for a world in which small upstarts don’t need to follow long-established ‘rules’ for changing the future. To move faster, they source ideas and inspiration through crowd-thinking, raise their funds through new forms of financing, and prototype products through 3D printing and other fast-to-market methodologies. Global R&D has moved from massive labs to globally dispersed idea factories.

6. Small beats big. Legacy is death: agility and speed are the new metrics for success. Big organizations are often encumbered by history and are suffering from the disease of  organizational sclerosis. New, aggressive upstarts can move faster, with the result that they can make decisions that provide for big disruption and challenge.

7. Ideas accelerate. With the Internet, we have essentially built a big, global idea machine, and fast innovators know how to mine its riches. In every field, the pace of innovation and discovery is speeding up to an unprecedented level. What use to seem like science fiction just a few years ago is todays’ reality.

8. Revenue reinvents – regularly. With fast ideas comes faster innovation : 60% of Apple’s revenue comes from products that didn’t exist 4 years ago. That’s a blistering pace of innovation. Expect that to become the norm in most industries as the future accelerates, product lifecycles collapse, and disruption disrupts.

9. Attention spans collapse. All of this fast change is difficult to comprehend, and so we have become scattershot! We now scan some 12 feet of shelf space per second – a goldfish has a longer attention span than a human. We need to have constant, relentless innovation in terms of marketing, branding and consumer outreach, not to mention what we need to do to engage our workforce!

10. New interaction dominates. Mobile is everything; we live on our devices. It influences everything we do, all that we decide, and much of how we interact with each other. The next phase will involve smart, connected packaging talking to our devices, and a new era of hyper-connectivity that will make todays’ early attempts at mobile marketing seem like child’s play.

11. Business models realign. The Internet of Things (#IoT) doesn’t just result in cool new products – it redefines entire revenue models. The era of predictive diagnostics allows for a future in which appliance or automotive manufacturers can now design products that will tell you when they are about to break down. This changes the essence of the product from a physical device that is sold to the sale of a service with uptime guarantee revenue models.

12. Distributed technologies redefine. When everything connects, power disperses. Micro-grids will change the utility industry as backyard wind, solar and other renewables result in little, local neighbourhood micro-grids. Cars that talk to each other and to sensors in the highway result in a new concept of transportation. Everywhere you look, distributed connected technologies are redefining concepts and turning industries upside down.

13. Money disappears. Sometimes distributed technology have a bigger impact than you think – as is the case with blockchain, which essentially redefines money. Central banks are out, and distributed ledgers are in. Ethereum goes one step further than Bitcoin, by embedding the historical contract concept of an offer and acceptance into the very essence of money. It’s intelligent money, and we still don’t know how quickly this will change everything.

14. Flexibility emerges. Given all this change, companies are focused on agility in order to get ahead. At a manufacturing plant in Graz, Austria, Magna has built the ultimate in flexible assembly lines, with the ability to build different cars from different companies on one assembly line. Elsewhere, companies are busy moving the software concept of agile development into the boardroom, adopting it as a key leadership trait. The ability to change fast is now the oxygen that fuels success.

15. Gamers Game. 25,000 people showed up to watch 4 gamers play a video game tournament in the Los Angeles Staples Centre – and 43 million tuned in worldwide via Twitch, the hottest new social platform on the planet. They’re coming into the workplace, and live in a world that involves a constant need to ‘level-up.’ Nothing will ever be the same as new forms of motivation and reward come to drive everything – and in this world, Xbox-type rooms are the new office!

16. Virtualization arrives. AR and VR are here, and the era of virtual welding is not too far off – and any other skill can be undertaken anywhere, at any time. An example is the forthcoming disruption of trucking, which will happen when a driver in India can navigate a truck through the streets of New York through a virtual headset! Outsourcing of skills is one thing – outsourcing of physical work is a whole new level altogether!

17. Infrastructure risk exponentiates. One word – Equifax. We are busy building a big, elaborate machine in the form of massive connectivity and accelerated information, but don’t quite know how to secure it. The TV show South Park had a character do a shoutout to in-home Amazon Echo and Google Home devices — and exposed a new security risk that no one ever thought about. Expect things to get better much worse before it gets better!

18. Insight influences. Big data and analytics might be overused buzzwords, but not to everyone. We live in a new world of Amazonian insight, where those who have the tools and knowledge to understand what is is really going on are the ones to get ahead. Depth of insight drives disruption – actuaries are moving from a world of looking back to one fo looking forward based on real time medical device connectivity. Car insurance is no longer based on past driving performance, but real time behaviour based on GPS. Even the world of health care is moving from a a world in which we fix you after you are sick – to knowing what you will be sick with based upon your genetic profile, and acting accordingly.

19. Expectations accelerate. If your Web site sucks, so do you. In our new world, people want the simplicity of a Google query via a touch screen device. Gone are the days of complex online forms — in are applications that are instantly aware of who you are and what you want. The bar of expectations is increasing at a furious pace, and if you can’t keep up, you can’t compete!

20. Industries virtualize. No one company can do everything that needs to be done in an era of fast change. In retail, all kinds of new partners are emerging to support last mile shipping, drop shipping capability, drone delivery and more. In finance, there are more types fo Fintech startups than there are world currencies, helping banks to navigate the complex new world of cryptocurrencies and more.

21. Knowledge accelerates. Skills access is the new gold. Did you notice Ford paid $1 billion to get access to some experts in self-driving car technology? Enough said. Those who can access the skills in trend #1 above win. We’re in a global war for niche talent, and that pretty much defines a critical strategy for the future. If it is all about skills, then success involves a strategy in which grabbing them fast is the only path forward.

22. Experience is the new capital. Innovation is the new oxygen. There’s no time to learn, to study, to plan. It’s time to figure out what you don’t know, and do the things that are necessary to begin to know about it. Experiential capital is the new capital for the 21st century.

23. Generations transform. 1 out of 2 people on the planet are under the age of 25. They’re globally wired, entrepreneurial, collaborative, change oriented — and they are now now driving rapid business model change, and industry transformation, as they move into executive positions

24. Big, bold thinking predominates. There are people who grab all of these trends and do “big things.” We are seeing the emergence of an entire world of big dreamers and doers, individuals who dare to challenge the orthodox, and abandon routines. The concept of the ‘moonshot’ is no longer restricted to those with deep pockets — but is oxygen for those with big ideas.

25. Action is the best reaction. Put it all together, and what odes it mean? If you don’t disrupt, you will be disrupted. It’s your ability to quickly act, react and do that will allow for future success. There’s not a lot of time for debate, studying; inertia is abhorred. Simply DO. That should be you.

Remember that song by the Who? “I hope I die before I get old!”

You better change before you can’t.

You might be obsolete before you know it.

Quit talking about disruption.

Do something about it.

Here’s a clip from a recent keynote. It’s part of a talk where I cover 20 Disruptive Trends, and put into perspective why the future belongs to those who are fast! In this short clip, I cover trends involving batteries, self-driving, 3d printing, the space industry, genomics, health care knowledge, and more! Including why I can drink more coffee than other people!

I’ve got a keynote topic description coming around this, with a draft below.

Aligning Acceleration and Agility: The Business Case for Fast!

To say that we live in a fast world would be an understatement. Small, quick upstarts like Square are challenging the global credit card industry, at the same that GPS based driver monitoring devices are rewriting the rules of the auto insurance industry. The NEST Learning Thermostat morphs from a quiet startup to a worthy challenger to industrial energy device powerhouses. Autonomous vehicle technology leads us to road trains and a more rapid emergence of intelligent highway infrastructure. We’re in the era of the end of incumbency, in which small dominates big, fast trumps ponderous, and indecision spawns failure. Everywhere we look, we can see acceleration, speed, and velocity: and in times like these, time isn’t a luxury.

For any executive, these trends matter — because fast trends drive disruptive change. And disruptive change envelopes us in terms of fast trends: self-driving cars, 3d printing, crowdfunding, the sharing economy, blockchains, personal drones, swarm-bots, smart dust, vertical farms, the Internet of Things, cognitive computing, smart factories, artificial intelligence, augmented reality, quantum computing, intelligent farms, smart clothing! What seemed to be science fiction just a few short years ago has become a reality today, as time compresses and the future accelerates.

Take a voyage with Futurist Jim Carroll into the world of tomorrow, today, as he outlines the key trends, technologies, ideas and initiatives that are transforming our world around us at hypersonic speed. A world in which the speed of change impacting every company and every industry is increasingly driven by the speed of technology and Silicon Valley hyper-innovation. One that demands faster innovation, agile response, flexible strategies, and most important, the ability to ‘think big, start small, scale fast.’
For the last 25 years, Jim Carroll has been speaking to and advising some of the worlds largest organizations on the trends that will impact them. With a client list that ranges from NASA to Disney, the Swiss Innovation Forum to the National Australia Bank, Johnson and Johnson to Godiva Chocolates, Jim has had a front row seat to the massive change being encountered in industries worldwide, and deep insight into the leadership mindset of organizations as they adapt to the era of acceleration.
 In just a few short years, it will the year 2025, and the world of tomorrow will be your reality of today. Are you ready for what comes next?

 

The folks at New Equipment Digest interviewed me a few weeks back for an article on manufacturing,  ahead of a major keynote I had earlier this month.

You’ll have a 50-year old guy or lady in the factory, and you bring these tools to help streamline processes and they say, “Oh my God! This is terrible that can take my job away. I’m done; I’m toast.” And somebody in their 20’s is going to say, “cool.” It’s a much more agile workforce, much more willing to try new things.

It’s but one talk I do in this sector; on Monday, I’ll headline the International Asset Management Council on future manufacturing trends. They’re the folks from Fortune 1000 organizations who make the decisions on where to locate future factories, logistics locations and supply chain investments.

INDUSTRY TRENDS
Futurist Says “Fast & Furious” Changes Coming to Manufacturing

Forget your Magic 8-Ball or fancy-schmancy predictive analytics. Futurist Jim Carroll knows what lies ahead for manufacturing and technology, and we have the scoop for you here. Bet you didn’t see that coming.
John Hitch | Sep 21, 2017

Jim Carroll, a former accountant and current author/corporate speaker, is confident he knows what’s going to happen in the world of manufacturing. And the world renowned Canadian futurist doesn’t need a flux capacitor or any other sci-fi MacGuffin to make bold claims in front of millions about what technologies they need to adopt now, and what the world will look like for our children after we’re rocketed to our Martian retirement homes — where our corpses will no doubt be used as fertilizer for space yams. (You’re welcome, Elon.)

Continue Reading

This October, I’ll keynote the MacKay CEO Forum 2017 Edge Summit in Vancouver, with about 500 CEO’s in the room. I’ll take a look at what happens when accelerating technology trends result in every company become a technology company.

I just wrote up a new keynote topic description, modified from a few of my other topic outlines.

Aligning to Velocity: Key Trends and Strategies for the Era of Acceleration

We have a new vocabulary! Self-driving cars, 3d printing, crowdfunding, the sharing economy, blockchains, personal drones, swarm-bots, smart dust, vertical farms, the Internet of Things, cognitive computing, smart factories, artificial intelligence, augmented reality, quantum computing, intelligent farms, smart clothing! What seemed to be science fiction just a few short years ago has become a reality today, as time compresses and the future accelerates.

Take a voyage with Futurist Jim Carroll into the world of tomorrow, today, as he outlines the key trends, technologies, ideas and initiatives that are transforming our world around us at hypersonic speed. A world in which the speed of change impacting every company and every industry is increasingly driven by the speed of technology and Silicon Valley hyper-innovation. One that demands faster innovation, agile response, flexible strategies, and most important, the ability to ‘think big, start small, scale fast.’

 For the last 25 years, Jim Carroll has been speaking to and advising some of the worlds largest organizations on the trends that will impact them. With a client list that ranges from NASA to Disney, the Swiss Innovation Forum to the National Australia Bank, Johnson and Johnson to Godiva Chocolates, Jim has had a front row seat to the massive change being encountered in industries worldwide, and deep insight into the leadership mindset of organizations as they adapt to the era of acceleration.

In just a few short years, it will the year 2025, and the world of tomorrow will be your reality of today. Are you ready for what comes next?

Want to understand the future? It’s all about the batteries!

My attention was reminded of this fact last week with an article that appeared on Bloomberg, “Tech Guru Bill Joy Unveils a Battery to Rival Lithium-Ion,” which brought me back to a series of Twitter posts I did a few months back about trends involving batteries.

The thread is worth revisiting, since what is happening with battery technology today will impact dozens of industries into the future! Often, entire industries will be changed and disrupted by the most innocuous of trends.

Obviously, the energy, hi-tech and automotive sectors will be transformed by the acceleration of battery innovation.  But so will other industries, such as healthcare, aerospace, and agriculture. Everywhere I look, I see big changes and opportunities that come from the acceleration of battery science.

With that, I’m pretty convinced that in the future, people will come to realize that one of the most transformative trends of our time had to do with the acceleration of the science of battery technology. To understand why the acceleration of battery science, and innovation around battery concepts is so important, let’s replay the Twitter thread here, with some added commentary.

First off, battery technology is being subjected to the acceleration of basic science, with I have been speaking on stage about for many years. Specifically, the key point being that “we’re going from 19 million known chemical substances today, to 80 million by 2025, and 5 billion by 2100. Any new substance can lead to the emergence of a billion dollar market.”

That’s the acceleration of battery science in a nutshell.

The key concepts accelerating concepts with batteries involve how to improve longevity, weight, and innovate with battery concepts to ride this pace of scientific discovery.  Simply put, there are big opportunities that come from making batteries lighter, that last longer, and which are based on new concepts and scientific ideas, not to mention innovate methods of utilizing them.

Where is the basic science innovation occurring? With drones!

What sparked my original Twitter thread was an article I came across which focused on the unique research occurring with drone batteries. Drones have quickly become a part of many industries, yet have been limited in terms of how long and how far they can fly. The article took a look look at the many new types of batteries – beyond the common lithium-ion batteries – which are under development. If you want to understand what’s really happening with the science of batteries, read the article.

As a futurist, I track dozens of topics in order to keep up with trends, and last month, this article below caught my attention. It’s another example that there is a lot of innovation occurring with different concepts in battery science, another barometer for fast innovation.

And the disruption from batteries? It’s huge in every industry. In the energy sector, for example, it will allow people to store energy from their own backyard energy sources, to be reused later. Then they’ll connect to their neighbours, leading to the emergence of little local energy micro-grids. People will disrupt the utility industry just as they they disrupted the music industry!

Since industries understand that batteries really define their future, the pace of innovation is moving from fast to furious.

And then, while writing may Twitter thread, another article about battery science innovation caught my attention!

And another…. the key thing is, take a look around, and there is just an amazing level of science innovation with battery tech – just as there was with ‘plastics’ in the 1960’s!

Often, to think about the future, you need to stretch your mind well into the future, and think big and bold. Folks are doing that in the battery space:

Add it all up, and something transformative is happening!

I’ve been speaking about the impact of battery science on industries for many ears, including in the energy sector; in 2012, I keynoted a global energy event for Accenture, and spoke about how battery technology was leading to fascinating  concepts — such as a 24 hour solar power plant!

I’ve also written about the topic for many organizations, such as this article I wrote for GE, distributed to their clients worldwide.

Of course, the thing about innovation is this: there are often people who discount the speed of trends which are occurring, or simply can’t conceive of how massive change comes into play.

Back to the fact that it is all about accelerating science. (I repeat myself!)

And so, it’s all about the batteries!

What should you think about next? Maybe penguins!

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