The Path to a Prosperous Future
Today the advance of IoT and AI is driving further changes. This is accelerating the convergence of physical and digital spaces. In this era of IoT and AI, we think business will be increasingly operated in a more autonomous and distributed form. The need for real-time responsiveness will increasingly limit the usefulness of collecting and controlling data centrally.. Instead, we will need distributed AI systems across the network, which will autonomously learn from data and create insights.
A Learning Enterprise
A Learning Enterprise in the digital era is a knowledge-driven organization that creates value for customers through continuous learning and co-creation across ecosystems. It leverages Human Centric AI to empower people. The collaborative output of people and AI will deliver innovation. The competitive advantage of a Learning Enterprise stems from how well and how fast it can learn, create new knowledge and convert this into business outcomes.
A key challenge for becoming a Learning Enterprise is data. How can you trust data, how you can protect and secure data?
In our primitive societies, the only form of trust was between people. Personal trust, or ‘Trust 1.0’ as we might term it, worked on the reciprocal paying of favors. Social innovation provided the solution that enabled trust to scale. Institutional Trust -‘Trust 2.0’ - emerged whereby people placed their trust in governments, banks, and other organizations. In the digital era from today, the internet has created a world where billions of people are connected and trillions of things are being connected through the IoT. Digital is changing how we trust. Digital Trust, or ‘Trust 3.0’, uses financial technology to underwrite uncertainty for transactions and assure the trustworthiness of data. With trust in data, businesses will be able to scale ecosystems of co-creating innovative value from using data securely.
Human Centric Intelligent Society
Our world is facing serious sustainability challenges. The population is now surpassing 7.5 billion, and is expected to reach nearly 10 billion in 2050. As a result, people will need more food and resources. How can we help these people live fuller lives?
We believe a prosperous and sustainable future can arise through digital technologies that co-create value oriented around people.