AUTOMATION. PREDICTIVE TECHNOLOGY. INCLUSION.Shifting towards the economy of 2030Technologies are transforming many of the fundamentals of commerce and production, as well as dismantling barriers to economic participation. Our researchers cite three key shifts that will drive progress across the globe. Get the Future of the Economy ReportThe Future of the Economy at a Glance
Autonomous commerceMachines will evolve into consumers. They’ll use a mix of sensors, software and AI to assess the needs of the people they serve.
Anticipatory productionLong production cycles will be transformed by micromanufacturing, over-the-air software updates and the work of enthusiast communities and innovators.
Leapfrog economiesTechnical advances will enable smaller economies around the world that are unburdened by old, outdated systems, to leap forward.
AUTONOMOUS COMMERCEMachines as consumersMachines’ shift, from unconnected tools to consumers will be profound. Advances in smart distributed ledgers and AI will enable machines to fulfill human tasks. Intelligent objects will shop and compare products based on quality and cost, as humans do. Laundry machines will negotiate with other appliances to prioritize hot water use, detect maintenance issues and even hire local contractors to resolve issues, if needed.70%of business leaders would welcome people partnering with machines/robots to surpass our human limitations2Learn How Otto Motors Is Making Robots a Reality
ANTICIPATORY PRODUCTIONDemand on-the-flyOn-demand manufacturing will become the norm. Technology will enable us to turn defects into improvements in real time based on customer feedback and predictivity. Innovation will be democratized and barriers to creating and commercializing products will recede. We’ll witness the rise of ‘meta-making’ – people with limited resources manufacturing and marketing their outputs to a global audience.77%of business leaders will use emerging tech to predict customer demand3See How Draper Is Innovating for Breakthrough Engineering
LEAPFROG ECONOMIESUnlocking inclusive opportunitiesEmerging technology will help less developed economies overtake others with aging infrastructures by offering new ways to create value and go to market. Distributed ledgers will empower the disenfranchised to document their identities and participate in the formal economy. A new, more inclusive world order could emerge.54%in emerging markets would transact more via blockchain (compared to 41% in developed markets)3Explore How Technology Is Enabling Healthcare Workers in India
SECURITYSecurity must be deeply embedded.Breakthrough technologies such as IoT & AI could lead to more intelligent, targeted attacks. Security must be deeply embedded in any IT infrastructure.Making IoT devices secure with AI
DATA PRIVACYData protection will be more important than ever.Data is growing exponentially. So are risks. Data privacy starts with data protection.Learn more about the Global Data Protection Index
HUMAN-MACHINE INTERACTIONSHumans must carefully guide human-machine relationships.Challenges exist, like bias in AI and failures in autonomous vehicle performance. Humans will need to supervise machines for the best results.Enhancing driverless safety with AI
TRUST & TRANSPARENCYTrust will become critical to evaluating business.Organizations use frictions to minimize risk. Without these safeguards, organizations will need to earn and maintain the highest levels of trust.Why a culture of trust is critical for NATO
JOB CREATION & EDUCATIONTechnology can create as many jobs as it replaces.Automation can eliminate and create jobs, simultaneously. Educate and train so everyone can thrive in this digital future.Creating unlimited educational opportunities with VR
SECURITYSecurity must be deeply embedded.Breakthrough technologies such as IoT & AI could lead to more intelligent, targeted attacks. Security must be deeply embedded in any IT infrastructure.Making IoT devices secure with AI
DATA PRIVACYData protection will be more important than ever.Data is growing exponentially. So are risks. Data privacy starts with data protection.Learn more about the Global Data Protection Index
HUMAN-MACHINE INTERACTIONSHumans must carefully guide human-machine relationships.Challenges exist, like bias in AI and failures in autonomous vehicle performance. Humans will need to supervise machines for the best results.Enhancing driverless safety with AI
TRUST & TRANSPARENCYTrust will become critical to evaluating business.Organizations use frictions to minimize risk. Without these safeguards, organizations will need to earn and maintain the highest levels of trust.Why a culture of trust is critical for NATO
JOB CREATION & EDUCATIONTechnology can create as many jobs as it replaces.Automation can eliminate and create jobs, simultaneously. Educate and train so everyone can thrive in this digital future.Creating unlimited educational opportunities with VR
Realizing the digital futureOur research has shown that technology has the potential to redraw our economy for the better by 2030. However, a friction-free economy is not guaranteed. To realize these forecasts, organizations will need to lay the groundwork for their digital future today.The Digital Future Is Now
Autonomous commerceMachines will evolve into consumers. They’ll use a mix of sensors, software and AI to assess the needs of the people they serve.
Autonomous commerceMachines will evolve into consumers. They’ll use a mix of sensors, software and AI to assess the needs of the people they serve.
Anticipatory productionLong production cycles will be transformed by micromanufacturing, over-the-air software updates and the work of enthusiast communities and innovators.
Leapfrog economiesTechnical advances will enable smaller economies around the world that are unburdened by old, outdated systems, to leap forward.
5G & 6G5G/6G will deliver hyper-fast wireless connectivity, virtually eliminating network delays.
IoTIoT will generate powerful data insights to better anticipate customer needs.
AIAI will transform everything – from targeted product creation to rapid authentications and better decision-making.
BlockchainBlockchain will provide an immutable, transparent data storage mechanism.
CryptocurrenciesCryptocurrency will be a global payment alternative, that is less prone to fraud and settles immediately.
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