Creative Innovations Asia Pacific 2016 invited some of the worlds thought leaders to Melbourne to discuss the impact Artificial Intelligence and robotics will have on business and the wider community. I covered the event, listened to thought provoking presentations, and set up a small studio for portrait sessions of some of these leading brainiacs. The presentations given by these experts will be available online on CITV. Make use of this incredible resource.
The first digital camera was introduced in the early 1980s. Eastman Kodak declared bankruptcy 30 years later. The Netscape browser was launched in 1994. In 15 years, the U.S. newspaper industry was a shell of its former self.
Apple launched the iPhone in 2007. Six short years later, the former industry king – Nokia – exited the handset business by selling its mobile phone operations to Microsoft.
The waves of disruption affecting our global economy are creating massive new growth markets. There are now more smartphones than people on the planet, promising unprecedented ability to bring new solutions to people who historically were locked out of so many markets. We now have a chance to bring education and healthcare to hundreds of millions of people in new ways. New technologies have the potential to find effective ways for us to confront climate change, feed the 10 billion people who will populate our planet, and radically reconfigure how we make and distribute things.
Entrepreneurs from around the globe are swarming these and related opportunities, and having impact at unprecedented pace. Consider Uber and Whatsapp. Both companies were founded in 1999. Five years later, the former was worth close to $50 billion and the latter had been acquired by Facebook for $20 billion and grown to more than a half-billion users.
Both companies were founded in 1999. Five years later, the former was worth close to $50 billion and the latter had been acquired by Facebook for $20 billion and grown to more than a half-billion users.
That’s not to say the life of an entrepreneur is easy. It’s so easy to start a business today that the second one gets a whiff of success, the race is on, and it is only a matter of time before the next disruptive wave begins.
Large companies can seize these opportunities too, if their leaders rise to confront the challenges of transformation, changing the very essence of their business. Historically the stories of successful transformation are painfully few, but incredibly powerful. Apple transforms from a niche player in a slice of the computing market to the world’s largest company. Fuji acts early, diversifies its business, and thrives where Kodak stumbled.
Australia’s leading banks are embracing digital technologies, moving their businesses in promising new directions. Rising to the transformation challenge requires new mindsets, skills, organizational designs, and more, but leaders that do so have a chance to drive substantial growth and impact.
Hiroshi Ishiguro (石黒浩 Ishiguro Hiroshi) is director of the Intelligent Robotics Laboratory, part of the Department of Systems Innovation in the Graduate School of Engineering Science at Osaka University, Japan. A notable development of the laboratory is the Actroid, a humanoid robot with lifelike appearance and visible behaviour such as facial movements.
Australian NASA scientist Dr Abigail Allwood is now one of 7 principal science investigators in NASA’s next mission to the red planet … the 2020 Mars mission. Abby is the first woman and first Australian to be given the prestigious role. Abby is a field geologist with a strong interest in the oldest record of life on Earth
Dr Pradeep Philip is founder of the boutique advisory house, Ergo Consilium, advising CEOs and executives as they navigate uncertainty. He is a highly qualified and experienced executive operating at the highest levels in politics and public policy and public sector management in Australia.
With the set pre-lit, Steph and Nynno await our astronaut.
Hair?… check. Garments?… check. Focus?… check.
A quick eyeball prior to blast off.