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Technology past, present and future

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Presentation on theme: "Technology past, present and future"— Presentation transcript:

1 Technology past, present and future
Are the most valuable skills the ones you already have?

2 Topics A bit about me A bit about skills A quiz EY
Food for thought - why tech?

3 Fiona Capstick Started work at 18 – computer operator
Learned to code in Assembler IT leader Technology advisor

4 There’s a revolution coming

5 #EYDisrupt The tech is moving very quickly: Boston Dynamics robot
Deepmind – AlphaGo Pwc – Talent Exchange Blockchain – investments, pwc move, EY Swiss Accelerator, etc Alliance with EMC Occulus Rift begins to ship real product Google’s car has its first “own fault” accident Robert Gordon publishes his book pouring water on Tech optimism iPhone vs FBI Launch of BBC Micro Bit Problems with network-wide “ransomware” Microsoft apologises for racist chatbot Hydrogen powered drone launches Tesla launches Model 3 #EYDisrupt

6 #EYDisrupt The tech is moving very quickly: Boston Dynamics robot
Deepmind – AlphaGo Pwc – Talent Exchange Blockchain – investments, pwc move, EY Swiss Accelerator, etc Alliance with EMC Occulus Rift begins to ship real product Google’s car has its first “own fault” accident Robert Gordon publishes his book pouring water on Tech optimism iPhone vs FBI Launch of BBC Micro Bit Problems with network-wide “ransomware” Microsoft apologises for racist chatbot Hydrogen powered drone launches Tesla launches Model 3 #EYDisrupt

7 Technology is reaching everyone across the world; the world’s poorest people are more likely to own a smart phone that to have a toilet in their house - World Bank This tech is also available to everyone.

8 Increasing processing power + Low price =
Technology explosion + Mass adoption + Massive “data exhaust” #EYDisrupt

9 Disruptive technology
Harry and I are going to jump through a sample of some of the most exciting tech out there and get you thinking about what this means for business, and how businesses can start to think about responding to this new world. _____ Alternative By “disruptive technology”, im referring to technologies that either displace existing technologies (drones) or are a ground breaking product that creates completely new industries (eg VR) Eg., in the same way that we saw the personal computer (PC) displaced the typewriter and forever changed the way we work and communicate So lets talk through some… ________ Background A disruptive technology is one that displaces an established technology and shakes up the industry or a ground-breaking product that creates a completely new industry.   Harvard Business School professor Clayton M. Christensen coined the term disruptive technology. In his 1997 best-selling book, "The Innovator's Dilemma," Christensen separates new technology into two categories: sustaining and disruptive. Sustaining technology relies on incremental improvements to an already established technology. Disruptive technology lacks refinement, often has performance problems because it is new, appeals to a limited audience and may not yet have a proven practical application. (Such was the case with Alexander Graham Bell's "electrical speech machine," which we now call the telephone.) Changing business In his book, Christensen points out that large corporations are designed to work with sustaining technologies. They excel at knowing their market, staying close to their customers, and having a mechanism in place to develop existing technology. Conversely, they have trouble capitalizing on the potential efficiencies, cost-savings, or new marketing opportunities created by low-margin disruptive technologies. Using real-world examples to illustrate his point, Christensen demonstrates how it is not unusual for a big corporation to dismiss the value of a disruptive technology because it does not reinforce current company goals, only to be blindsided as the technology matures, gains a larger audience and market share and threatens the status quo.

10 #EYDisrupt 3 D printed Food Car Buying – Augmented reality
Robotic automation – restaurant in US Blockchain! Drones – delivery! Autonomus vechicles #EYDisrupt

11 #Truetech #Faketech

12 Mind control to drive a car?
Students at a US University have found a way to drive a car just by using thought Not going to focus on the obvious ones we hear about all the time…

13 TRUE Mind control to drive a car? Mind control to drive a car?
A team of college UC Berkeley's students modified a Tesla so a person can do just that. Use your brain and the car will accelerate or brake - no pesky pedal -pushing necessary. The group put an electroencephalogram (EEG) headset, which measures the brain's electrical activity, on the driver. For the driver, thinking about tapping his right foot corresponded with "go," and thinking about clenching his left hand meant "stop." A linear actuator - a mechanical rod that applies force - would apply pressure to the gas and remove pressure from the brake, or vice versa, depending on the command. Not going to focus on the obvious ones we hear about all the time…

14 Low orbit space elevators for fast travel?
Nevada spacetech startup Haven is employing hyperloop technology to begin construction of a low orbit space “elevator” outside Las Vegas, with the intention of commercialising it once the nascent space tourism projects of Virgin Space and Elon Musk's Space X programme become fully developed. The elevator will propel a reinforced shuttle built from carbon nanotubes, at hypersonic speeds, allowing it to break free of the Earth’s gravitational pull Not going to focus on the obvious ones we hear about all the time…

15 FALSE Low orbit space elevators for fast travel?
Not going to focus on the obvious ones we hear about all the time… FALSE

16 A machine to record what you dream?
Using a neural net interface, scientists have successfully recorded REM state imagery from a test team of five subjects. The team was able to discern images of buildings and homes, and in some cases even family members.

17 A machine to record what you dream?
FALSE

18 Fly in a taxi to work? The idea of an automated all-electric taxi that lands in your garden, takes off vertically and flies you safely and quickly to your destination, sounds wonderful. One company has committed to have self-piloted flying taxis for commuters ready for production by 2020 – just over 3 years away Not going to focus on the obvious ones we hear about all the time…

19 TRUE Fly in a taxi to work?
JA 1 TRUE Airbus has made a commitment to deliver this by 2020 – in a push to outpace and out-innovate Google and Uber

20 Monitoring homeless people’s winter health?
The Danish government has begun distributing winter jackets equipped with wearable tech connectivity and tracking capability to homeless people. The coats allow the state to monitor the wearer's health in the winter when many of them are on the streets and at risk of hypothermia. If vital signs drop dramatically, the wearer can be tracked and medical aid administered.

21 Monitoring homeless people’s winter health?
BUT there is the tech available to do this. Demonstrates that unless there is funding to do these great things, they wont happen. FALSE

22 An EY AI? EY Analytics in India has developed an AI (Artificial Intelligence) system that understands what you’re saying and can have an intelligent conversation with you

23 An EY AI? TRUE ELSA is an Artificial Intelligence based system that is capable of understanding natural language and respond to users by engaging in a meaningful conversation through a web interface while learning on its own from user conversations.

24 EY

25 Who are EY and what do we do?
65,500 Americas 36,200 Asia-Pacific We’re one of the world’s leading professional services organisations and expert advisers. We help businesses to navigate change and innovate. Our purpose is to build a better working world. 7,700 Japan 150 Countries in which we operate US$31.4bn Last year’s revenue 102,200 EMEIA 247k EY people worldwide

26 Why EY? Mindset People Growth Flexibility Inclusivity
We empower our people to ask our clients better questions, constantly challenging through smart, disruptive ideas that prompt change and growth. Growth Flexibility Inclusivity

27 How is tech affecting EY?
Technology is disrupting the world of business at a scale and rate we’ve never known before. As challenges like cyber security, data privacy and workplace automation become more complex, what will it take to connect the dots and thrive? The big challenge for all organisations is how to turn these challenges into opportunity and growth.

28 Seven different entry points for graduates
Consulting Technology Seven different entry points for graduates Assurance Law Transactions Actuarial Tax

29 A range of different programmes
2 days Available to all years 4-6 weeks Placement available to penultimate and final year students 12 months Available to penultimate year students that require a placement as part of their degree 3 years Available to finalists and graduates Insight Days Summer Internship Programme Industrial Placement Programme Graduate Programme

30 Your way into EY

31 Offices across the UK

32 A bit about 21st Century skills

33 Companies are accelerating towards being digitally-enabled businesses
2019 20% of brands will abandon their mobile apps – social platforms Every $1 enterprises invest in innovation will require $7 in core execution 2021 20% of all activities an individual engages in will involve at least one of the top-seven digital giants 7 $ 2020 100m consumers will shop in augmented reality 30% of web browsing sessions will be done without a screen - voice Algorithms will positively alter the behaviour of more than 1bn global workers 40% of employees can cut their healthcare costs by wearing a fitness tracker 2022 IoT will save consumers and businesses $1tr a year in maintenance, services and consumables A blockchain- based business will be worth $10bn IoT Source: Gartner Reveals Top Predictions for IT Organizations and users in 2017 and Beyond

34 Future skills Complex problem solving Emotional intelligence
Creativity Collaboration Cognitive flexibility

35 My encouragement to you
Embrace technology Be inquisitive Be creative Be open

36 Questions


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