World's top thought leaders discuss the power of disruption in
According to a recent WOBI survey of top executives from 15 different countries, many are no strangers to disruption in both good times and bad — 74 percent of respondents said their organizations had been disrupted at some point by a new product or service, while 83 percent said they had lost money by failing to adopt new technology. The survey also revealed that 72 percent said they were afraid that their business might cease to exist as a direct result of them failing to innovate. Now more than ever, the need to prioritize dealing with disruptive forces in business and life is becoming increasing important.
Keynote speakers included
While it's daunting to conceive how artificial intelligence, drones and 3D printing can replace anyone from pizza delivery boys to construction workers to surgeons and disrupt the labor force, lower healthcare, energy, housing, transportation and other costs coupled with better food and water supply point to a bright future.
"You are talking about the costs of everything dropping dramatically, so yes people might not make as much money, but they also won't spend as much money,"
“What I hope is that we are smart enough to leverage all these advances to solve humanity’s grand challenges and that we’re smart enough to distribute the prosperity we create and to solve the world’s social problems. It’s really up to us,” concluded Wadhwa.
The event heralded the arrival of the
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Source: World of Business Ideas