Related Posts

• Deloitte 2014 Tech Trends

  The previous posts on business trends have gathered a little more interest, so in doing more research I found the following treasure trove on tech trends at Deloitte University Press. Deloitte's articles through and complete with graphs to supplement the projections.  The growth forecasts coincide with other news on technology predictions and when you read over the article you'll see how well laid out this presentation is.  My hat is off to Deloitte, Bill Briggs, Mariahna Moore and the cast of thousands that compiled this report.

  The base concept is Globalization and thinking in terms of a global resources, supply chain management and emerging markets that are evolving with the technology.  Right now we are at a tipping point with the growth of Asian and India's markets set to explode.  Delivering services to these economies and the challenges that will ensue, can't even fathom the numbers the rewards will bring into the fold.  We are just beyond the base of the curve where it's slope is about to go vertical.  Artificial intelligence, robotics, wearables, battery tech, culture and class separation.  This is by far the best report for all entrepreneurs to read or make a study of.  A great series from Deloitte.

• The Speed of Technology

  The speed of technology is taking off, try and hang on.

  Technology is increasing at an exponential rate, with the pace of technological change accelerating rapidly in recent years. This is due to a variety of factors, including advancements in computer processing power, the increasing availability of data, and the development of new technologies such as artificial intelligence, machine learning, and quantum computing.

  One measure of the pace of technological change is Moore's Law, which states that the number of transistors on a microchip doubles roughly every two years. This law has held true for several decades and has been a driving force behind the rapid growth of computing power.

  Additionally, the rate of technological change can be seen in the development and adoption of new technologies, such as smartphones, social media, and cloud computing, which have transformed the way we live and work.

  The speed of technological change is also apparent in the rate at which new technologies are being developed and brought to market. For example, the time it takes for a new technology to reach 50 million users has been decreasing steadily, from 75 years for the telephone to just 13 days for the Pokemon Go app.

  Internet usage will continue to grow over the next 20 years, especially as more people around the world gain access to the internet.

  According to data from the International Telecommunications Union (ITU), the number of internet users worldwide reached 4.9 billion in 2021, up from 3.4 billion in 2016. This represents a growth rate of more than 7% per year. If this trend continues, we can expect the number of internet users to reach 7.5 billion by 2030 and 9.7 billion by 2040.

  The growth in internet usage is being driven by a number of factors, including the increasing availability and affordability of internet access, the proliferation of smartphones and other mobile devices, and the growing importance of digital technologies in daily life.

  In addition to the overall number of internet users, other trends to watch in the coming years include the continued growth of e-commerce and online services, the increasing use of artificial intelligence and automation, and the expansion of the Internet of Things (IoT) and other connected technologies.

• Blockchain Technology

  

  Blockchain technology can be boiled down to an accounting ledger built on a network of servers.  There's a detailed article and infographic included on Recode.net that will give you an overview of how any why this financial technology will shape more than just crypto currency transactions in the future.
  
  Blockchain technology is developing very quickly into an established transaction method and disrupting the financial services industry.

  Read more about blockchain technology Recode.

• Technology of the Future

  I've been digging into futuristic technology and uncovered an article by Mike Edelhart on Yahoo/Tech news entitled, 9 Technologies That Will Soon Be Inside You. It's interesting news and there just might be some up and coming products to invest in.

  I have to admit some of these tech products freak me out. These aren't ideas, they're working prototypes and the concepts, along with the business models, makes sense for each. It's easy to be comfortable with these, we already have several medical implants.

  Here's the list: implantable smartphones, healing chips, cyber pills, implantable birth control, smart tattoos, brain-computer interface, meltable bio-batteries, smart dust and the verified self. Is this the biblical mark of the beast? Read the full article with the slide show here.

• Trends - Currency & Financial Tools

  I graduated high school a year early on the condition set by my parents that I attend a junior college. So I enrolled for a couple of night classes at what was locally referred to as UCLA or University Closest to Lambert Avenue, better known as College of DuPage in Lombard Illinois.  I signed up for a couple of classes. One class was Intro to Business and after a couple of days into the class I was really enjoying it. Our instructor was like no teacher I had in high school he had an unorthodox method of getting his points across and when he began the course he started by telling us that he wasn't going to teach us the way business was done by the book, he was going explain business in the real world and how to be successful in it. This got my attention and when he told us that he caught Mitsubishi's initial listing on the American stock exchange making millions and was only teaching there for 1 dollar a year, he had my full attention. At the age of 17 I didn't know what I wanted to do, I only knew what I didn't want to do, and that was working in a 9 to 5 grind for the rest of my life.

  Without getting on a rant here, one of the main points he kept emphasizing was to spot trends in business and consumer behavior. I look for trends daily and one source I keep going back to is BusinessInsider.com. If there's any indication of what the future holds it will be a change in currency. Follow the money trail here, there are several start ups in the financial sector where investment is in internet financial vehicles, financial tools, cryto-coins, lending platforms and investment can be viewed more of a diversification of the current financial institutions. The finance industry knows which way the wind is blowing, they're closer to the ground floor of business in general, they know what the numbers are. Here's a link to some of the top Nordic startups.

  The obvious investment is clicks and bricks, solid online business models. And, whatever you're doing, it will be online.

• Technology - The Death of Us All

  Text to neighbor:
  
  Hi, Fred, this is Richard, next door. I’ve have a confession to make. I’ve been riddled with guilt for a few months and have been trying to get up the courage to tell you face-to-face. At least I’m telling you in this text and I can’t live with myself a minute longer without you knowing about this. The truth is that when you’re not around I’ve been sharing your wife, day and night. In fact, probably much more than you. I haven’t been getting it at home recently and I know that that’s no excuse. The temptation was just too great. I can’t live with the guilt and hope you’ll accept my sincere apology and forgive me. Please suggest a fee for usage and I’ll pay you. Regards, Richard
  
  
  Neighbor’s response:
  
  Fred, feeling so angered and betrayed, grabbed his gun and shot Richard, killing him. He went back home and poured himself a stiff drink and sat down on the sofa. Fred then looked at his phone and discovered a second text message from Richard.
  
  Second text message:
  
  Hi, Fred. Richard here again. Sorry about the typo on my last text. I expect you figured it out and noticed that the damned Auto-Correct had changed “wi-fi” to “wife.” Technology, huh? It’ll be the death of us all. Regards, Rich