Trends Identified
Blockchain
Distributed electronic ledger that uses software algorithms to record and confirm transactions with reliability and anonymity. The record of events is shared between many parties and information once entered cannot be altered, as the downstream chain reinforces upstream transactions.
2016
Tech breaktroughs megatrend
PWC
Distributed manufacturing
Distributed manufacturing turns on its head the way we make and distribute products. In traditional manufacturing, raw materials are brought together, assembled and fabricated in large centralized factories into identical finished products that are then distributed to the customer. In distributed manufacturing, the raw materials and methods of fabrication are decentralized, and the final product is manufactured very close to the final customer. In essence, the idea of distributed manufacturing is to replace as much of the material supply chain as possible with digital information. To manufacture a chair, for example, rather than sourcing wood and fabricating it into chairs in a central factory, digital plans for cutting the parts of a chair can be distributed to local manufacturing hubs using computerized cutting tools known as CNC routers. Parts can then be assembled by the consumer or by local fabrication workshops that can turn them into finished products. One company already using this model is the US furniture company AtFAB. Current uses of distributed manufacturing rely heavily on the DIY “maker movement”, in which enthusiasts use their own local 3D printers and make products out of local materials. There are elements of open-source thinking here, in that consumers can customize products to their own needs and preferences. Instead of being centrally driven, the creative design element can be more crowdsourced; products may take on an evolutionary character as more people get involved in visualizing and producing them. Distributed manufacturing is expected to enable a more efficient use of resources, with less wasted capacity in centralized factories. It also lowers the barriers to market entry by reducing the amount of capital required to build the first prototypes and products. Importantly, it should reduce the overall environmental impact of manufacturing: digital information is shipped over the web rather than physical products over roads or rails, or on ships; and raw materials are sourced locally, further reducing the amount of energy required for transportation. If it becomes more widespread, distributed manufacturing will disrupt traditional labour markets and the economics of traditional manufacturing. It does pose risks: it may be more difficult to regulate and control remotely manufactured medical devices, for example, while products such as weapons may be illegal or dangerous. Not everything can be made via distributed manufacturing, and traditional manufacturing and supply chains will still have to be maintained for many of the most important and complex consumer goods. Distributed manufacturing may encourage broader diversity in objects that are today standardized, such as smartphones and automobiles. Scale is no object: one UK company, Facit Homes, uses personalized designs and 3D printing to create customized houses to suit the consumer. Product features will evolve to serve different markets and geographies, and there will be a rapid proliferation of goods and services to regions of the world not currently well served by traditional manufacturing.
2015
Top 10 emerging technologies of 2015
World Economic Forum (WEF)
Achieve innovation and resilience through diversity
Diversity is not only a moral imperative—it can also make businesses more effective in the long run. Our study of more than 1,700 companies around the world shows that diversity increases the capacity for innovation by expanding the range of a company’s ideas and options. And as the speed of change accelerates, innovation and reinvention are increasingly necessary to stay on top. The most obvious sources of diversity, such as gender, ethnicity, and sexual orientation, are indeed important in driving innovation, but variety of work experience and educational background is also meaningful. Importantly, these factors are mostly additive, so companies that are diverse on multiple dimensions are even more innovative. Structural diversity alone, however, is insufficient. Organizations also need an environment conducive to embracing new ideas, and they must install open communication practices, participative leadership, commitment to building diversity in top management, openness to testing multiple ideas, and other measures to unlock the full potential of diversity. Diversity also increases resilience. Like biological communities and organisms, companies that encompass more heterogeneity are likely to withstand unanticipated changes better. Enterprises that embrace diverse talent, ideas, and sources of growth will have an advantage in understanding and adapting to external shocks—which increasingly threaten the survival of individual businesses.
2018
Winning the ’20s: A Leadership Agenda for the Next Decade
Boston Consulting Group (BCG)
Discrimination in the tech industry
Diversity, inclusion and discrimination have become major topics in and out of the tech industry. Self-reported data from several leading technology companies show that women, blacks and Hispanics are often underrepresented in this fast-growing workforce.
2017
Key trends shaping technology in 2017
Pew Research Center
Sequencing patient DNA may lead to personalized medicine
DNA data will help medical professionals better identify drug treatments that are effective and safe for a particular patient, and at dosages suitable for their metabolism. Personalized drug testing on stem cells cloned from the patient could reduce the need for more general animal and human drug trials and possibly identify a wider range of possible treatments. As the genetic markers of disease become increasingly known, DNA will grow more useful in diagnosis, as well as pre-diagnosis – offering risk profiles of conditions well before the onset of symptoms. Some chronic diseases may be prevented or even eradicated through prenatal interventions, early-life treatments, or possibly gene therapy.
2013
Metascan 3 emerging technologies
Canada, Policy Horizons Canada
Global risks: A riskier &/or Safer world
Does greater connectivity increase the risk that local difficulties will turn into global disasters? Or does it provide opportunities to diversify and thus dilute the dangers? The preliminary evidence suggests that it may actually do both.
2008
11th Annual global CEO Survey
PWC
Growing pressures on ecosystems
Driven by global population growth and associated demands for food and energy, as well as evolving consumption patterns, the pressure on the Earth's ecosystems is continuously increasing. Despite some positive developments, such as a recent reduction in the rates of tropical deforestation, global biodiversity loss and ecosystem degradation are projected to increase.
2015
Assessment of global megatrends - an update
European Environment Agency (EEA)
Do-It-Yourself (DIY) Movement
Driven by the ubiquitous adoption of the Internet and smartphones, individuals are increasingly engaging with the digital world to make purchasing decisions and perform tasks without professional assistance.
2017
Beyond the Noise- The Megatrends of Tomorrow’s World
Deloitte
Drones
Drone technology is now expanding quickly into the civil market, generating an increasing number of innovative services, new businesses and jobs. These emerging services have the potential to substantially increase productivity in a wide range of sectors (agriculture, energy, construction, etc.) and so support the competitiveness of European economy. As the drone industry is a crossroads of technologies, drone services will improve many aspects of the daily life of citizens.
2015
Preparing the Commission for future opportunities - Foresight network fiches 2030
European Strategy and Policy Analysis System (ESPAS)
Robots for traditional and undersea resource acquisition
Drones and robots will play a growing role in prospecting and extracting in both traditional and undersea mining, particularly in situations that are remote, difficult or dangerous. The operators of these robots may live in urban locations with their families and never set foot on-site. Operators could live in different me zones around the world, enabling round-the-clock production without major disruptions to their personal and family lives.
2013
Metascan 3 emerging technologies
Canada, Policy Horizons Canada