We probably had the famous 5 levels of autonomous vehicles wrong. We often lose track of innovation as a practical and market endeavor, not just a technology benchmark. If up to now we viewed the progress to full autonomy as a matter of progressively making the driver role disappear, we see that we are hitting hard walls.
I have been doing a lot of work on the future of digital economy for various multinationals these last months. Part of the work is to map the key driving forces that are shaping the future of the markets.
It’s not about checking the latest technologies hype, because it’s essentially irrelevant and doesn’t really produce solid foresighting. Remember five years ago when everyone was focused on the emergence of the internet of things? After everyone tried to connect its fridge or spread bluetooth objects in retail spaces, what happened? Nothing much.
I’m in Vietnam right now and don’t have a lot of time to share my thoughts and a thorough analysis. I just want to pin that down for further reference:
China has spent nearly two decades building a digital wall between itself and the rest of the world, a one-way barrier designed to keep out foreign companies like Facebook and Google while allowing Chinese rivals to leave home and expand across the world. Now President Trump is sealing up that wall from the other side.NYT, 2019, May 20 by Li Yuan
I can’t agree more.
Remember how since 2008 India was supposed to be an innovation force to be reckoned with? We had hundreds of keynotes on Jugaad innovation , bottom-up innovation, etc. Look it up, it’s fascinating that no one remembers that anymore. End result: not much, if anything really. This didn’t change anything in London, Paris or San Francisco, not even in Mumbai. But lo and behold, India seems to be back with a new idea on innovation: ride-sharing motorbikes.
Yes, I know what you’re probably thinking right now. What’s new?
In 2013, Apple launched Apple Pay as both a digital wallet and a mobile payment service, and now Apple is a bank?
Up to now, even with iPhones NFC capabilities, biometric authentication and the very robust Apple ecosystem, Apple Pay wasn’t a amazing success. An extra feature in Apple’s ecosystem yes, not a revolution. And since then, I’ve been waiting for more news and more commitment to this service.
Why? Because Apple is a consumer company and that payment is the key to everything’s consumer.