BUSS1000 Lecture 1: BUSS1000 Future of Business Onenote
5 Jun 2018
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Lecture 13 notes
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Read rubric
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Final Exam
Tuesday, 29 May 2018
12:36 PM
Lecture Page 1
Lecture 1
Tuesday, 6 March 2018
11:26 AM
Lecture Page 2
term’s founder = John Naisbitt
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are large, transformative processes with ‘global reach, broad scope, and a fundamental
and dramatic impact’.
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Large influence over the world we live in and the future of business
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Australian and global levels
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Direct linkages to the wicked problems (and some overlap)
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They cut both ways
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Megatrends:
Technological change driven by the acceleration, distribution and application of
computing power across industry via the internet, cloud and individual mobile
platforms
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has been called “the second machine age” and “the fourth industrial revolution”
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90% of the world’s data created in the last 4 years
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75% of stock trades today create by algorithm
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1 trillion objects connected by 2025
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Artificial intelligence 4:1 wins in GO (game) in 2016
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Artificial intelligence
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Machine learning
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Cloud
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Quantum computing
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Drones and autonomous vehicles
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Virtual reality
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3D/4D printing
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Robotics
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Connected devices
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Internet
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Based on
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building cars
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driving them
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writing articles
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managing funds
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diagnosing diseases
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delivering individually tailored learning
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Benefits (robots and algorithms are getting better at):
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Challenges in cyber security
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Limitations:
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impactful technology
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Six specific megatrends (identified) :
Megatrends
Sunday, 4 March 2018
1:57 PM
Lecture Page 3
Document Summary
Megatrends: te(cid:396)(cid:373)(cid:859)s fou(cid:374)de(cid:396) = john naisbitt a(cid:396)e la(cid:396)ge, t(cid:396)a(cid:374)sfo(cid:396)(cid:373)ati(cid:448)e p(cid:396)o(cid:272)esses (cid:449)ith (cid:858)glo(cid:271)al (cid:396)ea(cid:272)h, (cid:271)(cid:396)oad s(cid:272)ope, a(cid:374)d a fu(cid:374)da(cid:373)e(cid:374)tal a(cid:374)d d(cid:396)a(cid:373)ati(cid:272) i(cid:373)pa(cid:272)t(cid:859). Large influence over the world we live in and the future of business. Direct linkages to the wicked problems (and some overlap) 75% of stock trades today create by algorithm. Artificial intelligence 4:1 wins in go (game) in 2016. Benefits (robots and algorithms are getting better at): building cars driving them writing articles managing funds diagnosing diseases delivering individually tailored learning. The pace of change arising from impactful technology is an invitation to understand the profound changes that are underway ensure that they can be empowering to individuals, businesses and communities who are using them. evolving communities. Rapid and profound demographic and change is leading to evolving communities with different business, social and individual challenges. World population 7. 5b in 2016 --> 10b in 2050.
