The Business of the Future

If we could see in the future ….

The one thing that stays the same in business is…nothing stays the same. New hardware, software, services and other technologies are coming at a breakneck pace and all of these changes will have a significant impact on commerce, the global economy and individual businesses within the next few years.
As a leader and executive, what changes will have the most impact on your business and how can you best prepare for the challenges or identify them as opportunities?
The fact is that nobody can do accurate long term predictions, but we can make EDUCATED guesses.

For more exciting news about the Business of the future, register to our Newsletter (Click on “Newsletter” to contact us) and see the articles below that will give you a glimpse of some predictions.

Which articles interest you?

1. What will humans look like in 1000 years from now?
2. The Millennial Generation
3. You as leader
4.The levels of personal development
5. The future of automation & Artificial Intelligence Operations – 2019 Trends & Predictions
5.1 Robotics
5.2 Technology
5.3 Artificial Intelligence
5.4 Entrepreneurial Initiatives

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Did you ever wonder if the future human will be taller, see better, have 40% of their organs as machines in them, will have to work in an environment that are oxygenated OR
fly to work with something that look like a spaceship?

Let’s see what futuristic research show:

Click on the link to view how humans will look like in 1000 years.

The future belongs to millennials – How well do you know them?

The millennial generation, born 1980 – 2000, represents the single largest generational group in history. In the next five years, millennials will determine what happens to your brand. Questions like “How do they differ from other generations” and “How can your brand talk to them?”, is questions you should ask. Read more to find some tricks and tips of applying their methodologies.


We invite millennials to work with us. Do you?

More information available at: http://experience.sgkinc.com

Great leadership starts with self-leadership 

Lars Sudmann gives us 3 tips on how to manage “Self-leadership”.
1. Self-Awareness
2. Self-Reflection
3. Self-Regulation

Watch this 12 minute video of Lars Sudmann to empower yourself with these 3 tips.

Denzel Washington says:

1. Put God first
2. Fail Big – Don’t be afraid to go “outside the box” – Set Goals
3. You will never see a U-Haul behind a hearse”
4. Say thank you in advance for what is yours already

Watch this 22 minute video of Denzel Washington to understand the steps you should take to a better future.

The 3 levels of personal development work

Dr. Myles Munroe – Self Development

  1. Robotics in public security

  • Artificial technology for predicting and detecting crime might seem far-fetched, but it’s quite possible for the future we’re looking at. Drone footage, for instance, will make that happen soon. In addition, automatic recognition of suspicious activities is already a reality for camera-based security systems.
  • This technology will change society in a very important way: it will allow law enforcement officials to act quickly whenever a suspicious behavior has been spotted.
  1. Robots in education

  • The line between classrooms and individual learning settings is already starting to blur. As Kendra Roberts, an educational expert from Essays.ScholarAdvisor, explains, “A single teacher does not have the capacity to meet the needs of personalized learning for every single student in the classroom. Computer-based learning is already changing things in that matter. It’s not replacing the teacher, but it enables students to learn at their own pace.
  • Robots will boost the process of personalized learning. NAO, the humanoid robot, is already forming bonds with students from around the world. It comes with important senses of natural interaction, including moving, listening, speaking, and connecting.
  • Video link: 5 Technologies that will change classroom education
  • Video link: Artifical Intelligence & the future of education systems

3. Personal home robots

  • Cloud-connected home robots are already becoming part of our lives. We can set up the vacuum cleaner to do the chore for us, and we can schedule a warm home-cooked meal to be ready by the time we’re finished with work. Multi-function robotic cookers are able to fry, steam, bake, slow cook, and perform any other action without our intervention. We just set them up.
  • These cloud-connected robots are likely to evolve into more advanced version. We expect to see speech comprehension and increased interactions with humans in the upcoming years. These developments may end up changing the entire look and feel of our homes!

4.Robots as co-workers / Employees

  • Robots will have a profound effect on the workplace of the future. They’ll become capable of taking on multiple roles in an organization, so it’s time for us to start thinking about the way we’ll interact with our new co-workers.
  • The machines will likely evolve more in terms of voice recognition, so we’ll be communicating with them through voice commands. This is how futurist Nikolas Badminton expect things to develop: “You’re probably going to walk into an office and your system’s been churning over the last couple of hours considering what’s been going on in business, your role, your job, what you need to do that day, and probably offer up several ideas about the right direction of what to do.” Sounds like a pretty achievable future, doesn’t it?

5. Recruitment of people vs robots

  • Whether we like it or not, robots have already replaced many people in their jobs. The jobs in office administration, logistics, and transport are also at risk of being replaced. Remember autonomous vehicles? Well, we might see them in the form of big trucks on the roads in future.
  • study by Ball State Universitypredicted that many occupations are at risk of being automated, including insurance underwriters, telemarketers, and tax-return preparers. To be more precise, robots are expected to take over half of all low-skilled jobs.
  1. Creating of new jobs

  • “Robots will take our jobs!” is perhaps the most common fear surrounding robotics development. Yes, technology is changing fast and it does have economic ramifications. Driverless cars, for instance, are highly likely to replace cab drivers in the future.
  • In the near future, however, artificial intelligence will most likely replace tasks, not jobs. The good news is that it will also create new markets and jobs. We might need additional education and re-training for those jobs, but the opportunities will be there.
  1. Autonomous cars

  • Self-driving cars still require some human intervention, but we’re getting closer to the day when they won’t. In the past decade, the perception of this technology among the public went from “How is it even possible?” to “Maybe it’s possible…” to “Definitely getting there!”
  • Waymo, the company that arose from the self-driving car project by Google, no longer has a monopoly on this industry. Instead, every significant automobile producer is pursuing this technology, with Uber being one of the strongest players. The users of this service can now get matched with a self-driving Uber when they request the service, so they can get a glimpse of the future.
  • Where will this trend take us? As companies continue to invest in this trend, we’ll live to see a different face of public transport by 2020
  1. Healthcare robots

 

9. Robotics for entertainment

  • Robots are getting more personalized, interactive, and engaging than ever. With the growth of this industry, virtual reality will enter our homes in the near future. We’ll be able to interact with our home entertainment systems through conversations, and they will respond to our attempts to communicate.
  1. Standard of living will improve

  • We’ve seen this throughout history: automation and mechanization boosts the overall standard of living. We’ve seen it with the Industrial Revolution, and it’s going to happen again. According to estimates from the United Nations, poverty was reducedto a greater extent over the past five decades than in the previous 50. That’s because the global economy grew sevenfold, and technology played a huge part in that progress.
  • With software automating all kinds of work, we’re looking at a more comfortable future for ourselves. Aren’t you eager to be part of it?

11. AI in the food industry

Reference to: https://blog.robotiq.com/10-ways-robotics-could-transform-our-future

Technology revolution is about merging people with systems

  • 4IR (Fourth Industrial revolution) is the current  and developing environment in which disruptive technologies and trends such as the Internet of Things (IoT), robotics, virtual reality (VR) and artificial intelligence (AI) are changing the way we live and work. The third industrial revolution, sometimes called the digital revolution, involved the development of computers and IT(information technology) since the middle of the 20th century. The fourth industrial revolution is growing out of the third but is considered a new era rather than a continuation because of the explosiveness of its development and the disruptiveness of its technologies. According to Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum and author of The Fourth Industrial Revolution, the new age is differentiated by the speed of technological breakthroughs, the pervasiveness of scope and the tremendous impact of new systems.
  • What will be the state of AI in 2019?
  • The following list features 120 senior executives involved with AI, all peering into their not-so-clouded crystal ball, and promising less hype and more practical, precise, and narrow AI.
  • “Self-Driving Finance is a practical implementation of AI that is already used in one form or another by millions of bank customers around the globe and will only get better in the coming years.
  • 2019 will be the year of specialized AI systems built by organizations based on their own data. Given the realization that organizations sometimes have only limited amounts of data, but also require specialized data, organizations will come to realize that they need tools to easily create quality AI data internally.
  • This quality over quantity approach will require organizations to take stock of the data they have and ask themselves key questions:
  • Is this data representative of what I’m looking for, and does it match my goal?
  • Will the production data match this training data?
  • Did I strike a balance between repeatability of images and variation?
  • Is my dataset diverse?
  • Taking new approaches to data strategy will be make-or-break for overcoming the challenges of AI’s data problem, to develop AI that works in the real world”
  • AI will enable greater process discovery.
  • “In 2019, we will start to see technology that will allow designers to talk to computer programs powered by AI to redesign, optimize and lightweight parts made by 3D printers in real time.
  • “Because of cloud and the pervasiveness of APIs, in 2019 we’ll begin to see AI deliver meaningful value to the enterprise and get us closer to the Holy Grail of AI, which is helping people at all levels of an organization do what they do more effectively and efficiently, while uncovering new opportunities and new ways to work”—Josh James, Founder and CEO, Domo
  • “While B2B providers have been slow to adapt to the high standard of personalized digital experiences set by Amazon and Google, the industry has at least acknowledged the value of personalized home and landing pages. —Gal Oron, CEO, Zoomin
  • “In 2018 we saw a great deal of hype around AI in healthcare but we also saw it become a reality—in everything from predictive analytics for chronic disease management, to workflow enhancement in radiology as well as administrative and financial use cases that bring operational efficiency.  In 2019 we are going to see voice and video, coupled with AI, being used to help accelerate the shift of the point of care from the hospital, to the patient, wherever they are.  —Jennifer Esposito, General Manager, Health & Life Sciences, Intel
  • “AI plays an increasing critical role in several industries from translating text and powering industrial drones to patient diagnosis. In 2019, we expect AI, and more precisely image recognition, to be integrated into everyday life tasks such as helping those with disabilities and automating cars.  —Michael Gabay, CEO, Trigo Vision
  • “AI will accelerate the end of ownership.” Today, we don’t own movies or music anymore—we subscribe to Netflix or Spotify. Tomorrow, we won’t own productsanymore—we’ll subscribe to them.
    • What will be the state of AI in 2019?
    • The following list features 120 senior executives involved with AI, all peering into their not-so-clouded crystal ball, and promising less hype and more practical, precise, and narrow AI.
    • “Automation plays into the hands of a cyber attacker, allowing him to use simpler tools to gain access and infiltrate networks.
    • “Robotics and AI are increasingly used hand-in-hand to inspect and ensure the proper functioning of critical infrastructure that our society is built on—power lines, railroad tracks, flare stacks etc. Next year, the convergence of these two technologies is poised to accelerate, with 2019 serving as a breakout year for Distributed AI, in which intelligence will decentralize and be embedded closer to the assets and devices carrying out the inspections. –GE Ventures
    • “Artificial Intelligence AI and Machine Learning have been hot topics for a while, but that will begin to decline in 2019. With many enterprises once having built an ‘ AI strategy,’ today we’re already finding that more and more are moving away from the hype and into solving real-world problems. We will see the focus shift from AI to ‘ AI driven’ results as companies look for real business impact from AI tools. The technology will be less important than the business insights it delivers”—Sean Byrnes, CEO and co-founder, Outlier
    • “The consumer’s understanding around AI will shift dramatically. We will no longer associate AI with futuristic robots and self-driving cars, but rather productivity tools and predictions to help everyday menial tasks”—Josh Poduska, Chief Data Scientist, Domino Data Lab
    • 2019 will be the year of the death of the data scientist.In 2019, everybody is going to start learning Artificial Intelligence AI and the domain of data science will no longer be a purist data scientist.
    • “AI is already outperforming humans in many domain-specific tasks; now comes the age of real-world applications. In 2019,  AI will fundamentally disrupt diabetes management, thereby improving the lives of millions
    • “If we want to create AI which is actually adopted by humans, it will have to be less and less ‘artificial,’ and more and more ‘intelligent,’ meaning it will have to take on human traits. For people to feel a connection to AI -powered services and be willing to adopt them into every aspect of their lives, these services will have to become more and more anthropomorphized. —Zohar Fox, CEO and Co-Founder, Aurora Labs

    Read more: https://www.forbes.com/sites/gilpress/2018/12/09/120-ai-predictions-for-2019/#6a3f5e50688

Careers in the future

-Data analyst
-Computer and mathematical jobs
-Architects and engineering
-Specialized sales people (Telesales) – social media and global advertising
-Senior managers (Analysts)
-Product designers (Creators, designers)
-Human resources and organisational development (Training)
-Regulator and government relations experts
-Environmentalist

Watch this video to see the 8 jobs every company will be hiring for 2020

Can we prepare for the Jobs of the Future?

How will the education system have to adapt to new job demands?