Recently, there have appeared some analyses that point to a shift from traditional human production to machine production.
In a McKinsey Quarterly article (https://www.mckinseyquarterly.com/Strategy/Growth/The_second_economy_2853
), W. Brian Arthur, a visiting researcher at the Palo Alto Research Center (PARC) and an external professor at the Santa Fe Institute, focused on the “second economy”. The subtitle of his article sums up the message:
“Digitization is creating a second economy that’s vast, automatic, and invisible—thereby bringing the biggest change since the Industrial Revolution.” He continues, “we can say that another economy—a second economy—of all of these digitized business processes conversing, executing, and triggering further actions is silently forming alongside the physical economy… human beings may design it but are not directly involved in running it. It is remotely executing and global, always on, and endlessly configurable.” Read More »
Tags: Cities, economy, government, internet, jobs, localgov, neweconomy
Could you live without the Internet?
If you think that the answer to this question is an easy “yes,” then you may find the results from Cisco’s 2011 Connected World Technology Report a bit shocking. Cisco commissioned an international workforce study of nearly 3000 people asking their views on the network in their lives.
A few choice highlights:
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Tags: amazon, Cisco, connected world technology report, human network, internet, internet importance, internet of things, iPad, network, ronan singh lach, skype, trailspace.com, wireless
Public sector decision makers are under enormous pressure to deliver results in difficult and uncertain times. In late 2010 and early 2011, the Cisco Internet Business Solutions Group (IBSG) conducted in-depth interviews with more than 100 senior public sector executives from around the world—at the city, regional, and national levels. Responses from these officials were remarkably consistent regarding the key challenges they face in a world undergoing significant economic, political, environmental, and social transitions.
Some of these public leaders expressed concerns about their organizations’ capacity to respond to new policy and service demands, budget reductions, and the need to engage new technology platforms for innovation and service delivery. Other challenges related to the public sector’s ability to help cities, regions, and countries navigate the current uncertain and volatile environment. Read More »
Tags: Cisco, IBSG, innovation, internet, meeting of the minds, network, productivity, public sector, public sector reform, resilience, socioeconomic challenges
When I was entering college, fax machines were kind of a big deal. Mobile phones were something you might glimpse in a movie about spies or some super wealthy person. It was the nascent years for the world’s 1G network. But for me and my friends, compact discs were the thing—a whole new way to enjoy music. And if you took our wheels away, we were lost. Contrast this with today’s young adults for whom the internet has become deeply fundamental. More than half surveyed in a new Cisco Connected World Technology Report say the internet is more integral to their lives than cars, dating, and partying. Wow!
The 2011 Cisco Connected World Technology Report looks at the relationships between human behavior, the Internet, and networking’s pervasiveness. The objective: to determine how the next generation of workers will influence everything from business communications and mobile lifestyles to hiring, corporate security, and companies’ abilities to compete.
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Tags: Cisco Connected World Technology Report, facebook, internet, mobile internet, young adults
How does a business become a category leader that fully leverages their online activity for market development and growth? I’ve previously described the process of using social media as an online lead generating tool, attracting prospective customers towards the corporate website.
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Tags: internet, London 2012, Service Provider, small business, social commerce, video