Mapping the Future with Big Data | WFS

It is, in many ways, a snapshot of the way that statistical data from databases, user data from multiple participants, and social network data from the public will change the nature of rapid decision making in the years ahead. It’s a very big change, and Esri is at the forefront of the way big data and geography will merge in the future.

(via My slides from LSG13 in London: working, learning and living in the future - Futurist Keynote Speaker Gerd Leonhard)
If you hang around Twitter long enough, you’ll become alternately inured to and irritated by the grinding repetitiveness of a few stock phrases, which come at you like a Greek chorus of unoriginality. While much has been made of Twitter groupthink — the tendency to inflate the importance of your chosen hive-mind’s opinion at the expense of what the Real World actually thinks
Turkey is like a traumatised adolescent,” she explains. “We have had so many traumas, such as what happened with the Kurds, that we are finding it difficult to mature as a country. I’m not angry. And I’m not afraid. When I told my nine-year-old that I was planning to come here, he said: ‘Don’t go. Erdogan won’t understand’.
TV ad revenues will account for 40 percent of the global total this year as digital advertising continues its rise through the ranks. Digital advertising is the only category expected to see double-digit growth this year and is now bigger than print advertising on a global scale. Newspapers and magazines continue to see their ad revenues decline (-3.3 percent and -5.1 percent respectively) as our reading habits are shifting toward digital consumption. (via • Chart: Global Ad Market to Grow 3% in 2013 | Statista)

TV ad revenues will account for 40 percent of the global total this year as digital advertising continues its rise through the ranks. Digital advertising is the only category expected to see double-digit growth this year and is now bigger than print advertising on a global scale. Newspapers and magazines continue to see their ad revenues decline (-3.3 percent and -5.1 percent respectively) as our reading habits are shifting toward digital consumption. (via • Chart: Global Ad Market to Grow 3% in 2013 | Statista)

It is just the latest bold-faced retail brand on the brink of extinction. Circuit City is dead; Best Buy is dying. Borders is gone; Barnes & Noble is shuttering storefronts. Kmart has closed 40 percent of its stores in the past decade. As recently as 1998, Sears was in the Dow 30. Today, Sears Holding isn’t even in the S&P 500.
You soon learn that 66% of lost hikers are found within two miles of the spot last seen. You impose a ring over your map reflecting this two-mile perimeter. You then learn that 52% of lost hikers are found downhill, only 32% go up, and 16% keep walking at the same elevation. You impose an elevation layer on the area with all the land above the last point seen shaded one color and the land beneath it shaded another. You can even impose a new lens depicting tree and plant cover and open fields, and one depicting linear objects like trails, roads, power lines, and streams, knowing that the vast majority of lost hikers follow some sort of linear marker to avoid going in circles.

Mapping the Future with Big Data | World Future Society

Pretty amazing example of how Big Data can be used to dramatically change the outcome of real-life scenarios.

Thanks to Patrick Tucker at WFS for posting this!

The real story of the global economy is this: institutions aren’t delivering the level of well-being that people want, need, and expect,” says Umair Haque, the director of the Havas Media Labs and Harvard Business Review blogger who writes frequently on how business can create real value. “The next global economy isn’t just about stuff, it’s about human lives.

The Amazon Bundle: Why the Retail Giant Is Like the Cable Company of the Future - The Atlantic

Being the starting point for online purchases is everything: Google’s biggest source of online advertising comes from searches with a shopping intent. Why look anywhere else when only Amazon will get it to you today?

Even the Golden Rule of business has transformed. The old Golden Rule in business was to find out what your customers wanted, and give it to them. Today, if you ask your customers what they want and you give it to them, you’re missing a huge opportunity, because their answers will never give you more than a fraction of your potential.

Hands On: Scanadu Scout Medical Tricorder by PCMagazineReviews

Three digital accelerators have been driving the transition from change to transformation for many years, but due to their predictable exponential rate, they have now reached an inflection point — a point where processes, products, services, and careers no longer change; rather, they transform. The three digital accelerators are processing power, digital storage, and digital bandwidth. The impact of these three accelerators—the enormous gains in power, miniaturization, product intelligence, interconnectivity, cloud services, mobility and a raft of other technological dimensions—will be felt in every industry, every corner of the globe, and every nook and cranny of society.
We favor objects because we think that experiences can be fun but leave us with nothing to show for them. But that turns out to be a good thing. Experiences have the nice property of going away. Cars need repairs, they rust in our driveway, and they ultimately disappoint us enough that we sell them and get new ones. Experiences are like good relatives that stay for a while and then leave. Objects are like relatives who move in and stay past their welcome.
The cashless society — a world where physical money is practically obsolete — has, in just a few years, gone from a utopian dream to something like an inevitability. In Sweden, a national effort is underway to take the country cashless within two decades. Throughout Africa, it’s perfectly common for merchants to accept money through mobile phones by having buyers transfer a specific amount of money to a specific number associated with the merchant. (via Yes, Credit Cards Are Making You a Bad Person - Derek Thompson - The Atlantic)

The cashless society — a world where physical money is practically obsolete — has, in just a few years, gone from a utopian dream to something like an inevitability. In Sweden, a national effort is underway to take the country cashless within two decades. Throughout Africa, it’s perfectly common for merchants to accept money through mobile phones by having buyers transfer a specific amount of money to a specific number associated with the merchant. (via Yes, Credit Cards Are Making You a Bad Person - Derek Thompson - The Atlantic)

futuresagency:

Future Of Digital Marketing 2013 in KL, interview with Futurist Gerd Leonhard (by Digital Malaysia) - a short video with an interview with me, mostly on Marketing