Best time in history and also the scariest
• business as usual, change the way we think or react - personal, business, governments
• active citizens, responsible, thoughtful, collective consequences
• government change quicker - as things change quick, people left behind, don’t loose them
• most pressing moment
• changing perspective
Tim Hoettges, Deutsche Telekom
• rapidly change - precarious situation, fear of digitalization and impact, feeling behind, handle the issue, jobs not there for a lifetime, skill set changed, but great opportunities
• fear being poor, not achieve the same wealth as parents even with university degrees, vote with their feet (elections)
• leaders: create an environment that they understand, clear dialog, but he don’t know really what to do
1) trying to find answers
2) education, education, education
• companies have to get all people on board, not just the Digital Elite
• "Make people understand the chances of digitalization! It is a matter of education“*
• "Digitalization has to be driven by leaders, but it can not stop at this level!“
• "At least we should have an open debate about basic income.“
• "Debatte on change has to be driven by entrepreneurial and political leaders - but has to include all individuals"
McKinsey study 50% of jobs worldwide are susceptible to automation by existing technology - Niko Mohr, McKinsey & Company
• Jobs in the US are mostly lost through automatization, not globalization
• wake-up call, opportunity, development
1) awareness something is going to happen, it will have an impact, implication
2) it’s not going to be a disaster, it has happened lots of times ago in history (e.g. agriculture -> industrial ages), accept this is going to be happened - take it as an opportunity
3) and develop
Ian Goldin, Oxford Martin School
• don’t make mistake to compare it to a revolution 100 years developing (agriculture), some countries still try to reach
• 25-30 years now! much quicker
• massive consequences
• because a job can be done by my machines it doesn’t mean that it will happen
Do leaders realize what’s happening at the moment?
• WE have a digital duty in this age, we all do, changes will happen and we need to adapt
• connectivity nowadays is perceived as a human right, leaders and politicians have to be more political - call out of business leaders to take more responsibility in democratic political debates - challenge is, how do we enable this for everybody
• What is the human right of connectivity? Is privacy, business dignity more important or profit and policy?
• digital duty in this age, we all do, changes will happen and we need to adapt • We are living in our own personal bubbles (digital eco chambers), mono culture created around us, my personal interests - no diversity, diversity is fading away, support and recommendation from my bubble, losing variety of information - hope: in the end of the day the good wins
• question about decision making, speed and being brave = global responsability, Ian added.
• The current revolution is taking place globally.
• "I’m not worried about future number of jobs. I am worried about their quality. Too many insecure jobs, forget about pensions. We will have a few good jobs, and a mass of bad jobs."
• still in a learning mode
• innovative environment, downs are normal, we need to control it
• broadband infrastructure shouldn’t be considered other than streets or railways, it’s public infrastructure