Hello and welcome back to the blog! I’ve been to another conference called ‘Get Digital’ and I’m very excited to tell you about it. There were only three speakers this time but they had such different insights that each one was fascinating. They talked about innovation and the speed technology is moving at, it was scary to see how many changes have been made and how soon some things are about to change.
Alistair Croll – Visiting Executive, Harvard Business School.
Alistair grabbed the audiences’ attention by talking about previous dramatic changes to society through a technology advancement. This shift is explained by Alistair as a discontinuity – “a point in time where things are not the same afterwards”. A list of examples were mentioned at the talk such as how agriculture lead to an abundance of time saved which led to education, and how books and maps were how you found your way.
I don’t remember a time when phones and email weren’t an option or when wifi wasn’t everywhere I went. I had an iPhone when I was thirteen, before I even needed a phone. It’s actually difficult for someone my age to think about how someone went about their day to day lives without a phone or social media or google even. Alistair shows that this type of thinking is a discontinuity.
Alistair talks about how predictable changes should be but how no one sees them coming. How did we not see the impact technology would have on our lives and how do we not think about how much of a change it has made to our day to day lives?
An interesting video i found which touches on how social media impacts your brain shows how we have psychologically changed due to our social media interaction. This would not have been the case before social media was introduced.
5 Crazy Ways Social Media Is Changing Your Brain Right Now <<< Click here to watch!
A recent example which showed how predicting technology change is so important for companies was Blockbuster. Alistair explained how Blockbuster was in the video store management business, which is why Netflix became successful when they saw that it should be an entertainment delivery business. Netflix saw this before Blockbuster, maybe even before the consumer even expected. Going to the DVD shop was easy, but being delivered your entertainment at home is easier. If it saves time and effort we want it.
The talk was engaging in that I was thinking about what was the next discontinuity, Alistair spoke about robotics and how actual human contact may be something people demand in the future. If we have robots communicating with us and providing services will we want more human contact?
Alistair also has a blog which I will link if you would like to read into what he talks about and his insights. Tilt The Windmil
Dr. Johnny Walker – CEO of Health Founder and Jinga Life.
Dr.Johnny Walker’s talk was very different to what i have usually listened to, he spoke about a topic which i was unfamilar with which made it very exciting and eye-opening. He discussed how technology was going to and has already changed our health system and how we obtain information about our health.
Johnny is excited and encouraged to change the way we interact with our health, he is passionate that our traditional waiting room system is not the most optimal method. We are shown a few new technologies which allow you to track your health through wearable devices. Although, many of the medical terms made very little sense to me this may be an opportunity for people to become more conscious about their health and have a better understanding of what is going on in their body.
Apart from it becoming easier to track your health yourself, advancements have also led to surgeons being able to perform surgery more easily, reducing the risk of failure in a surgery and potentially saving lives.
David Erixon – Head of Digital and Customer Innovation, Ulster Bank.
David speaks about something which is very relevant at the moment, the transition to digital transactions. With contactless and Apple pay, it takes a split second to pay for something. An interesting app which David showed us was called 22seven which, manages your income for you and gives you advice on spending and saving, similar to what a bank can tell you but on your phone.
Security of your money would increase without the use of physical currency and with advancements like retina recognition and finger print recognition there is huge potential for security of your mobile phone which also acts as a bank card.
David mentions that the younger generation has more trust in technology than banks, i agree with that statement. Not only do we trust technology but we rely on it to simply day to day tasks, therefore the abolition of physical money would be suited towards this generation.
Thank you for listening!