Today's lesson was on Technology Assessment of how we can make sense of technological trends to predict the future and identify the game changers in the market.
"Change is the only constant."
To a large extent, this proverb is very relevant in today's modern world context. During the first lesson, I remembered Prof asking the class on their opinions about technology and world change. Like many of us, I support and embrace change, only for the better of mankind. However, if you look back, you start to wonder how much of these changes have benefitted mankind as a whole, either positively or negatively.
Some trends for the technological future will include augmented reality, exponential revolution, cloud computing, robotics, exoplanet and etc. In fact, some of the trends listed are already present. However, the challenge now is to incorporate these technologies into a single use to facilitate our daily lives. Hence, this is where the wildcard innovations come in!
In response to the parody version of the Microsoft video, it is mockingly said that the changes will require 498years. Looking at the rate of technological advances, I feel that we will probably achieve it in another 10 years or slightly more.
As Prof has mentioned in class, there are 2 ways to consider strategic foresight. Firstly, you start with existing realities. In this method, you will find lots of constraints as stumbling blocks, before being able to maneuver your way out. On the other hand, forget the current situation and think about how to convert possibilities into reality by envisioning. This way, it will be viewed as small stepping stones to lead to your goals.
An interesting definition of FUTURE that I've learnt from watching one of the videos shown in class:
Fast (rate)
Urban (societal development)
Tribal (not ethnic divisions, but people with common interests)
Universal (globalized)
Radical (type of change involved)
Ethical (values and morals)
So, are we ready for the future?
"Change is the only constant."
To a large extent, this proverb is very relevant in today's modern world context. During the first lesson, I remembered Prof asking the class on their opinions about technology and world change. Like many of us, I support and embrace change, only for the better of mankind. However, if you look back, you start to wonder how much of these changes have benefitted mankind as a whole, either positively or negatively.
Some trends for the technological future will include augmented reality, exponential revolution, cloud computing, robotics, exoplanet and etc. In fact, some of the trends listed are already present. However, the challenge now is to incorporate these technologies into a single use to facilitate our daily lives. Hence, this is where the wildcard innovations come in!
In response to the parody version of the Microsoft video, it is mockingly said that the changes will require 498years. Looking at the rate of technological advances, I feel that we will probably achieve it in another 10 years or slightly more.
As Prof has mentioned in class, there are 2 ways to consider strategic foresight. Firstly, you start with existing realities. In this method, you will find lots of constraints as stumbling blocks, before being able to maneuver your way out. On the other hand, forget the current situation and think about how to convert possibilities into reality by envisioning. This way, it will be viewed as small stepping stones to lead to your goals.
An interesting definition of FUTURE that I've learnt from watching one of the videos shown in class:
Fast (rate)
Urban (societal development)
Tribal (not ethnic divisions, but people with common interests)
Universal (globalized)
Radical (type of change involved)
Ethical (values and morals)
So, are we ready for the future?
Overall, 7/10 for this lesson!
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