FOR MORE INFORMATION PLEASE CONTACT Xact Consulting A/S Arnold Nielsens Boulevard 68A DK-2650 Hvidovre +45 7023 0100 [email protected]www.xact.dk Enterprise Modernization A002. 200 Years of IT A Fairy Tale about Usefulness, Limitations, User Interfaces, Processes, and You Michael Erichsen, Xact Consulting A/S, [email protected]
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• The data explosion creates completely new industries
• Better information can help run companies, institutions and states better
The Economy and IT
• Fast, unregulated financial flows can destabilize economies
• Hidden tax evasions threatens the funding of welfare society
• IT is an important driver in making this possible
Is a Social Media Bubble about to burst?
• “The ability of social media sites to innovate in the long term, and to retain and monetize their subscribers, will be the true test of whether such valuations are merited.”– Simon Harris, PwC
• Facebook and Google earn fortunes on advertisements, but– Twitter?– Instagram?– Reddit?– Snapchat?
Klaus Schwab: The 4th Industrial Revolution
• “There are three reasons why today’s transformations represent not merely a prolongation of the Third Industrial Revolution but rather the arrival of a Fourth and distinct one:
– velocity,
– scope, and
– systems impact
• The speed of current breakthroughs has no historical precedent.”
– Klaus Schwab is founder and executive chairman of the World Economic Forum (The Davos Meetings)
Klaus Schwab: The 4th Industrial Revolution
• “Technology is… one of the main reasons why incomes have stagnated, or even decreased, for a majority of the population in high-income countries:
• The demand for highly skilled workers has increased while the demand for workers with less education and lower skills has decreased.
• The result is a job market with a strong demand at the high and low ends, but a hollowing out of the middle.”
What do we see in the Nordic Area?
• IT unemployment is falling steadily
• A tendency in the mainframe area to recruit and “revitalize”
• Large companied setting up Mainframe Academies to train young colleagues
• Retired programmers and technical specialists being called back to part time jobs
What do we see in the Nordic Area?
• IT unemployment is falling steadily
• A tendency in the mainframe area to recruit and “revitalize”
• Large companied setting up Mainframe Academies to train young colleagues
• Retired programmers and technical specialists being called back to part time jobs
• Off- and nearshoring of operations jobs
• Developers split between– Architects, business analysts and
customer facing staff
– Coders and testers
• Systems programmers split between– High end: Solution architects,
• Sharing economy (also known as shareconomy or collaborative consumption) is a hybrid market model (in between owning and gift giving) which refers to peer-to-peer-based sharing of access to goods and services (coordinated through community-based online services)
“The Sharing Economy”
• The Harvard Business Review:
• “Sharing economy" is a misnomer
• The correct word for this activity is "access economy"
• When “sharing” is market-mediated — when a company is an intermediary between consumers who don’t know each other — it is no longer sharing at all
• Rather, consumers are paying to access someone else’s goods or services
“The Sharing Economy”
• Uber and Airbnb– Fuelled by IT– Company owners earn billions
• Employees have no labour rights– Uber is accused of recommending using Macedonia as tax haven for
Danish Uber drivers to hide their income for taxation and unemployment benefits
– Many European police forces and governments are acting legally against it now
• People renting out their flats have both nice cultural exchanges and very bad experiences– “My flat was used as a brothel”
• In the countryside 200 years ago it was called “day labourers”
• Clustered regularly-interspaced short palindromic repeats are segments of prokaryotic DNA containing short repetitions of base sequences
• The CRISPR interference technique has enormous potential application, including altering the germline of humans, animals and other organisms, and modifying the genes of food crops
CRISPR
• Ethical concerns have been expressed about the prospect of using this nascent biotechnology for editing the human germline
– GMO disagreements part of current US-EU Transatlantic Trade and Investment Partnership (TTIP) negotiations
Organovo: Developing 3D Bioprinting
Prosthetics
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Interfacing Robots
• Pascale Fung, Hong Kong University of Science and Technology:
– Machines often fail to understand intention
• They do not get emotion and humour, sarcasm and irony…
– The field of empathetic robotics is still in its “steam engine” days, but the tools and algorithms that will dramatically improve these machines are emerging
Interfacing Robots
• Pascale Fung, Hong Kong University of Science and Technology:– Machines often fail to understand intention
• They do not get emotion and humour, sarcasm and irony…
– The field of empathetic robotics is still in its “steam engine” days, but the tools and algorithms that will dramatically improve these machines are emerging
• The technical part of understanding spoken languages– 800 phonemes (units of sound) strung together to form all words of
every language in the world (7000)
– Classifier programs group strings of words and tags into 14 moods
– Analysis compares content with mood to identify irony or sarcasm
Interfacing Robots
• Any intelligent machine is, at its core, a software system consisting of modules, each one a program that performs a single task
• An intelligent robot could have one module for processing human speech, one for recognizing objects in images captured by its video camera, and so on.
– Pascale Fung, Scientific American, 2015
Interfacing Robots
• Any intelligent machine is, at its core, a software system consisting of modules, each one a program that performs a single task
• An intelligent robot could have one module for processing human speech, one for recognizing objects in images captured by its video camera, and so on.
• An empathetic robot has a heart, and that heart is a piece of software called the empathy module
• An empathy module analyses facial cues, acoustic markers in speech and the content of speech itself to read human emotion and tell the robot how to respond– Pascale Fung, Scientific American, 2015