In 5 years (2020), we’ll each be sharing 32 times as much data as we are today (“Zuckerberg’s Law” Sharing doubles per person each year), and each computer will be 8 times more powerful than it is today (Moore’s Law: computing power doubles every 18 months). Those computers will be processing that data in networked clouds of thousands of computers, full of apps made of algorithms and intelligence designed to make predictive recommendations and take automated action based on the insights derived from your data.
Some of those actions will be taken online and some of them, thanks to robotics, drones and other connected devices, will be taken in the physical world. It’s a combination of multiple, mutually amplifying, new developments, each individually capable of driving exponential change.
So what do you think your business will be like in 5 years? I’m going to start asking people that in conversations.
Image by Frank Diana