March 24, 2020
Emerging economies will leapfrog others
This report offers insights around how the emerging technologies such as – 5G,
IoT, AI, Blockchain possess the potential to enable large-scale shifts that
could transform the future of the economy by 2030, allowing individuals,
organizations and governments to collaborate more seamlessly and unlock new
sources of revenue and inclusion.According to the IFTF report, organizations
will need to overcome a few dilemmas in the coming decade, including security
threats; data privacy; governance and trust & transparency.
The next era of
human-machine collaboration, powered by the new-age technologies are not only
being talked about in closed rooms or for research purposes,they have
transformed into global discussions points.From an Indian perspective,
businesses like Chitale Diary, MapMyGenome, Antara Foundation are some of the
leading examples where companies have utilized emerging technologies like IoT
etc.The report is the first instalment of a three-part series with IFTF
exploring how emerging technologies could change our lives, work and the economy
over the next decade. We’ll witness the rise of ‘meta-making’ - people with
limited resources manufacturing complex things and marketing them to a global
audience..0 will move the world towards an economy without external boundaries
or frictions. Innovation will be democratized and barriers to creating and
commercializing products will recede.The collaboration will reduce frictions and
create new digital marketplaces. For instance, at the World Economic Forum 2019
the central focus was around Digital Transformation which will be driven by
emerging technologies. Dell Technologies has recently launched its report named
"Future of the Economyâ€, in partnership with Institute for the Future China
large capacity automatic filling machine detailss Suppliers (IFTF) to
explore how the emerging technologies will reshape our economy over the next
decade.
Three shifts towards a friction-free economy:IFTF predicts that there
would be three key shifts that would pave the way towards the friction-free
economy by 2030:Shift 1: Autonomous Commerce—Machines as Consumers - Machines
will evolve into consumers, using a mix of sensors, software updates, and AI to
sense when they, and the people they serve, are functioning sub-optimally. The
global leaders present at the forum discussed how globalization 4.Shift 3:
Leapfrog Economies – Unlocking inclusive opportunities - Technical advances will
unlock opportunities for inclusive development and lift millions of people out
of poverty by enabling all people to document their identity and generate new
sources of revenue.Today, technology is driving human progress and the
interwoven partnership between humans and machines has opened up new
opportunities for organizations across the globe.This report builds on the
organizations’ collaboration in 2017 with IFTF, when IFTF distilled informed
opinions from 20 experts from around the world to forecast the ‘next era of
human-machine partnerships’. It builds on Dell Technologies and IFTF’s debut
research report in 2017 forecasting the next era of human-machine partnerships.
IFTF distilled informed opinions from 20 experts from around the world to
forecast the ‘next era of human-machine partnerships’.
Emerging economies will
leapfrog others, held back by aging physical infrastructures. They’ll then find
a remedy – autonomouslyShift 2: Anticipatory Production—Meeting Demand OnThe Fly
-On-demand manufacturing will become the norm. Making the most of the
opportunities of 2030, will require a degree of urgency and preparedness by
individuals and organizations, to achieve a friction-free economy by 2030. for
their business growth
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