Emerging technologies catalyze disruption. But 2020 promises to be especially extra turbulent. Election year dynamics, coupled with an increase in grassroots business activism, and governments taking action on environmental issues, will infuse even greater chaos into our everyday experiences.
Last year, I described the disruptions facing a variety of industries, including healthcare, packaging, travel and hospitality, software, real estate and construction, retail shopping, and manufacturing.
Here’s my take on the biggest forces transforming business and society in 2020:
1. nEmbedded Intelligence – makes products, robots, business applications and healthcare diagnostics, “smarter” than ever before.
2. Energy Everywhere – High-capacity batteries
3. Circular Economy – Reduce, reuse, recycle economy
4. Transportation Revolution – Battery-powered cars, trucks, and motorcycles , self-driving vehicles
5. Entertainment Fragmentation – niche viewing provided apps like Netflix, Amazon Prime Video, Disney+, and Hulu
6. Digital Money – The rise of digital wallets like Apple Pay and Google Pay,
I – Word Understanding
Catalyze – to cause (change or reaction)
Infuse – to fill with
Disruptions – disturbance or problem that interrupts an event or activity or process
Niche – specialty (for a specific or smaller market)
II – Have Your Say
How does the following affect our society?
1. Ai, robotics and smart products
2. High capacity batteries
3. Circular Economy
4. Battery powered vehicles and self-driving cars
5. Streaming industry
6. Digital money
