by Sejuti Das

NASSCOM 2016: Get Ready for Life in the High-Tech Smart Lane

Feb 11, 2016
BusinessFinancial Services IndustryGadgets

With new gadgets like Apple watch, Google glasses, fitness and health monitors, a person living today has instant access to more information than the entire planet had just five decades ago. Renowned futurist Brett King discusses the big trends in media, technology, healthcare, financial services, education and employment over the next two decades.

With new gadgets like  Apple watch, Google glass, fitness and health monitors, a person living today has an immediate access to more information, than the entire planet had just five decades ago, said Brett King, CEO and founder of Moven, Author, Speaker and Radio Host at NASSCOM India Leadership Forum 2016.

“Every day we generate a huge amount of information in every book ever printed throughout all of human history. There is so much data being produced by devices connected to the internet today that humans can no longer curate that content, and therefore we will be needing machines and algorithms just to make sense of it all,” said King.

In the last 25 decades technology has altered every possible aspect of our life and the world around us. But there will be more changes in the next few years alone than in the last decades combined.

 “With supercomputer-level technology, smart sensors are ingested to notify out sickness before we even know ourselves, self-driving cars have been made that are safer than human driven cars, and artificial intelligence-based personal super-assistants to ease our daily lives—not only will the way we live be forever changed, but also the way we work, and the way we learn,” said King.

King feels It’s not just about artificial intelligence alone. “It’s about drastic shifts in social interactions, extreme alterations in the way the world is connected. Simply categorizing the next era as the machine 2.0 age is too much of an economist’s view—machine or artificial intelligence-based automation impacts the economy from a productivity and employments’ perspective,” he said.

In his view, the witnessed change will be much more about how one live their lives and how society operates as a whole. The rate of this paradigm shift in terms of social and cultural impact will be beyond anything anybody have encountered in the last many decades. “That is what is different this time. This time it’s about you,”  he said.

Since the emergence of the machine age, society has been constantly impacted by newer technologies. We come across larger organizations that have been created often in less time than it takes for legacy companies to launch their products. The speedy nature of this change has much more to do with how we respond as individuals and jointly as a society, than focusing on the fundamental technologies behind that change.

“As humans, we’re conflicted about change,” concluded King.

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