In China just like everywhere else, the tertiary sector has long been deemed as an affiliation or an attachment to primary and secondary industries with a certain amount of contribution to employment, but never as a driver of the economy. The game is changing. Industries such as finance and retail are facing a technological reinvention, and great changes are also reshaping HR services.
Our foodstuffs in the future may be full of surprises. The challenges are high, human imagination is boundless. Numerous emerging innovations can be noted. Some are still in the labs, others are seeking to gain a foothold in the marketplaces.
In 2005, the web digitized a new and unexpected field: social relationships. By organizing our social life, the Web 2.0 and social networks have transformed our lives. At the dawn of 2015, digital technologies are about to enter another new and awaited field: our relationship with ourselves. This unlikely encounter between technology and psychology forebodes a radical transformation of our everyday life, a third phase of the digital revolution.
Uber and Airbnb have undergone regulatory setbacks lately. But as regulators continue to crack the whip, there is little sign they will be able to stem the tide of popularity for these sharing services. Should the very idea of regulation evolve? It should not, at least, exist to protect entrenched industries and shut out competition. But companies like Uber, who have very strong Libertarian streaks, may have to make a move too. Will both sides learn to play together?
We bathe in a controlled digital reality where a multitude of information flows converge. Processing these data has become a sensitive issue inasmuch as they relate to our private sphere, to our intimacy. Personal control is only partly effective since almost nobody knows how to implement it seriously. This is why experts have been discussing the opportunity of Big Data governance. How can we proceed? Alongside the institutional answers based on the emergence of control authorities, one possible path forward could be via ethical data mining.
3D printer manufacturing technologies are not new, but what is new is increasing accessibility that follows suit to marketing of small printers at affordable prices. This democratization both fascinates and worries creators and designers as well as decision makers. Often described as the vector for a 3rd industrial revolution, 3D printing, however, does raise questions when it comes to intellectual property rights that the technology may undermine. Certain already existing technical and legal solutions could accompany more extensive use. Nonetheless, there will necessarily be a change in paradigm.
ParisTech Review has a passion for alternative and disruptive economic models, those that may shape tomorrow's economy. Here are seven articles, published between 2011 and today, presenting seven major innovative models.
With the proliferation of technologies and the growing complexity of products and services, it no longer seems possible for any company, as large as it may be, to innovate alone. How to identify the right partners and develop a partnership over time? How to ensure successful exchanges? Technology scouting strives to bring answers to these issues. If developed correctly, it paves the way to technological intelligence. However, effective scouting implies many changes in the organization of the company regarding innovation.
The world market for service robots will represent 25 billion euros in 2015 and could well be 100 billion euros by 2018 and 200 billion in 2023, according to the International Federation of Robotics. If we can assert that this entire high growth sector is emerging, there are, nonetheless, variations to be considered: some robots are close to industrial maturity, while others are still in experimental assessment phases. But the growth trend is now well established. It may not necessarily be spectacular but will affect considerably both developed societies and their economies.
Robots will soon be able to read texts for us, engage in conversations, clean our windows, deliver packets and parcels, prepare our pill-boxes and even help us get back on our feet should we fall, or have difficulty just getting up. We had them first in the military sector, then carrying out industrial chores, now we see a new generation coming, prepared to do household chores, maintenance work, leisure activities or engage in educational activities. Whether they be macro-, or nano-, humanoid or dronoid, these robots are about to become our future companions. So, where do we stand today?
Robots are machines capable of endlessly repeating the same operation, without fatigue or making mistakes. With such qualities, they are now quietly moving into many areas of our socio-economic world, replacing human operators deemed less reliable and more expensive. Medicine, especially surgery, is a prime demand field for robots. The latter can carry out very precise operations, in a cluttered environment, reducing the risks for both the surgeon and the patient.
In recent years, the massive and controversial use of drones in U.S. military operations in Iraq and Afghanistan has fueled an intense debate. But this controversy is only the tip of the iceberg: the development of standalone and remote-controlled machines is but the prelude to the rise of military robotics, a field that involves all industries. It is already used in logistics, communications and training, with expected effects on number of staff and productivity. The gradual integration of robotics will affect the safety of operational troops and combat on the battlefield. It will also raise many ethical questions.
The next automobile revolution will be the driverless car. Ever since the automobile industry was born, it has continuously represented a clear-cut vector for technological progress and societal transformation. Driverless cars, with general roadworthy models running by 2030, promise to bring sizeable changes to the way we live, to the environment, to our health, the economy and industry at large. Market potential is already visible but many questions still remain to be answered.
Initially developed for military uses, exoskeletons are now moving into civvy street, with applications under development for disabled senior citizens or handicapped persons. Business of this product calls for sophisticated technologies by also for a clear view at the end-users. In this technology-intensive, leading edge emerging market, start-ups are out front.
It's understood, the twenty-first century will be the century of robots. And there is a lot of talk concerning a subfamily of these machines: drones. While these remotely piloted aircrafts were first developed in a military context, there seems to be no end to their civilian uses. This development goes hand in hand with a radical change in business models, marked in particular by a sharp drop in prices and an increasing variety of uses. So what are the current prospects?
The African digital boom has already begun. McKinsey estimates that the contribution of the Internet to the annual GDP of Africa could rise from $18 billion in 2014 to $300 billion in 2025. Yet, all the countries are not addressing the digital wave with the same attitude.
African nations are seldom mentioned in the world ranking of innovative countries, but things could change with the rise of a new generation of technologies that perform many financial transactions from mobile phones. Today, mobile banking opens a new avenue for development. But can this model be exported?
Ever since the electronic properties of silicon were discovered in the United States in the late 30s, it has been a well-known fact: a new material can change the world. Perhaps because it weighs less, is sturdier, provides better thermal and acoustic performance, lasts longer, or makes production and assembly easier. Every now and then, the scientific community announces a new miracle material successor to silicon and the 2010s already rustle with announcements about a very serious candidate: graphene, a two-dimensional crystal consisting of a single layer of carbon atoms, which is credited with exceptional potential.
The venture investor and former Facebook executive examines technologies he thinks will improve the quality of life and economic output, and explains why most executives undervalue technical proficiency.
The Bitcoin bubble bursting is but one small part of a bigger story. The most exciting part is not speculation, but challenging the banks' control over payment solutions. This is what we should discuss. Starting now.