Who is Generation Alpha? Understanding our future trendsetters

As the world evolves, so does each generation. Right now, the spotlight is on Generation Alpha, the demographic cohort succeeding Generation Z. But who exactly are they, and what sets them apart?

Meet Gen Alpha

Generation Alpha (Gen Alpha) consists of children born from 2010 to 2025. They are the offspring of Millennials and the first generation born entirely in the 21st century. Gen Alpha is expected to be the largest in history, with more than 2 billion people worldwide, and may outnumber Baby Boomers by next year.

They are also the most globally and racially diverse generation. Around the world, more than 2.8 million Gen Alpha are born every week, with the highest numbers in India, China, and Indonesia. In the U.S., there are over 51 million Gen Alphas. While just over half of Gen Z in the U.S. identify as non-Hispanic white, Gen Alpha will mark the first generation in which less than half of the population is white.

Our most tech-savvy generation yet

The Hyper-Digital Generation

For Generation Alpha, technology isn’t just prevalent; it’s omnipresent. The lines between offline and online life are blurred for these digital natives who have never known a world without smartphones, social media, or instant access to information.   

Augmented reality (AR), virtual reality (VR), and artificial intelligence (AI) are not cutting-edge innovations for Alphas; they are part of their daily lives.

Gen Alpha has never known a world without iPads. Nearly half of Gen Alphas own tablets. They have been exposed to tablets, mobile phones, and other electronic devices since a very young age.   

According to Razorfish, many young Gen Alphas between the ages of three and five already have tablets: 43% have one before age six. As they reach six and seven, they become exposed to more complex technologies, including video game consoles, earbuds, and smart TVs. By eight and nine, laptop and desktop computers are introduced, with their millennial parents giving them their first smartphone around nine.

Welcome to the “screen-age”

According to research firm Gitnux, children aged 8 to 12 spend nearly five hours per day on screens of various devices. Because they have access to many devices, Gen Alphas are used to focusing on multiple screens at once. This means they consume content in a very different way than previous generations.

Noah Mallin, chief strategy officer of media and social agency IMGN Media, provided a great example: “For Gen Alpha, it’s more like studying on Quizlet on your smartphone, while YouTube is on in the background on the family Roku — and you’re using the computer to hang out with friends in Minecraft.” This makes them highly effective multi-taskers and can result in shorter attention spans.

Content consumers and creators

YouTube is Gen Alpha’s favorite platform. In a Breno Bain survey of 7 to 14-year-olds, YouTube was seen as the coolest brand. It is also the favorite platform for consuming content, with 86% of Gen Alphas surveyed consuming content on YouTube. This is thanks to brands targeting this generation on the platform, and Gen Alpha influencers and content creators continually popping up on YouTube and TikTok.

Take Ryan Kaji, a Kidfluencer with nearly 37M followers on YouTube, Everleigh Soutas with nearly 4M followers on YouTube, EthanGamer and his 3.2M followers who watch him play Roblox and Minecraft, and Nastya with her whopping 114M followers.

Creative gamers

Like Gen Z, Gen Alphas are also big gamers. But where Gen Z likes gaming to escape or relax, Gen Alpha sees it as a creative outlet, a place to build their worlds, and a place to socialize. Games like Roblox and Minecraft are their gaming worlds of choice. That’s why brands like Walmart, Nike, Barbie, and the NBA have all found their way onto Gen Alpha-heavy platforms.

AI natives

While Gen Z is referred to as “digital natives,” Gen Alpha has earned the honor of being coined “AI natives.” Gen Alpha has grown up alongside AI innovations, from Alexa to Google Assistant, AI-based characters in video games, deepfake YouTube videos, and ChatGPT. They’re the most comfortable generation yet when collaborating and conversing with AI.

What’s important to Gen Alpha?

Education, creativity, and independence

For Gen Alpha, education is becoming more personalized and technology-driven than any previous generation. They value creativity and are likely to pursue learning paths that allow them to explore their imaginative sides. Gen Alpha knows how to quickly navigate the digital landscape to find solutions, explore new ways of individual expression, and acquire knowledge independently.

Environmental concerns

Growing up with climate change as an ever-present concern, Gen Alpha places great importance on sustainability. They are already aware of our planet’s environmental challenges and are poised to be more eco-conscious in their choices, even more so than Gen Z. One-third of Gen Alphas surveyed said they want to make a difference, help others, or help the planet when asked what they want to be when they grow up.

Diversity, inclusion, and authenticity

Living in a hyperconnected world, Gen Alpha is the most globally aware generation yet. Their interconnectedness offers them access to news, resources, and cultures that have the potential to shape their views as global citizens and how they advocate for causes that are most important to them.

Gen Alpha expects to see these values reflected in society because they were introduced to diversity and inclusion from an early age. They are growing up in a world where gender fluidity and racial equality are increasingly recognized, shaping a more accepting worldview. 92% of Gen Alpha respondents understand the power of authenticity. They value standing up for people, understanding people who are different, learning new things, and self-expression.

Brand loyalty

While Gen Z has expressed its anti-consumerism sentiments, distancing itself from overconsumption, Gen Alpha is more like its Millennial counterparts, exhibiting brand loyalty and obsession. Examples of that can be seen in their recent obsession with Stanley Quenchers and Sephora products.

Gen Alpha also has a big influence on their parents’ purchases, with Morning Consult reporting that by age 5, they are influencing household purchase decisions, with 85% of parents saying that their five- to nine-year-olds have explicitly requested products they’ve seen in stores, on TV, or online.

Gen Alpha is already showing its discerning taste and is looking for authenticity in brand marketing and relatable spokespeople. Brands like Claire’s are creating The Collab, a community platform targeted at Gen Alpha and Gen Z to connect with musicians, dancers, skateboarders, fashion influencers, and more. Crayola is following its massive YouTube success with Gen Alpha-specific content that resulted in a 40X increase in organic views by bringing it to other platforms such as TikTok and Pinterest.

Future job market

Gen Alpha will make up 11% of the adult workforce by 2030, and 65% of Gen Alphas will work in jobs that don’t exist today. Unlike Gen Z, Gen Alphas will enter a job market dominated by AI and automation. Adaptive skills and continuous learning will be essential for success in their careers.

This generation is ready to embrace these new skills and technologies, with 59% of Gen Alpha believing that AI, virtual reality, and smart assistants will be integral to their future jobs. They see technology as a way of engaging with the world and will bring a more global view to their jobs.

They have also watched their parents transition during Covid to a more flexible work set-up, making remote and hybrid work not a nice to have for Gen Alpha but an expectation.

This generation has the potential to be innovative and entrepreneurial trailblazers, adept at research, problem-solving, online collaboration, and a strong desire to make a difference.

Generation Alpha is set to leave a bold imprint on our cultural, technological, and environmental landscape. Their ingrained understanding of technology, alongside a strong sense of social responsibility, may well propel us toward a future that prior generations could scarcely have imagined.

Futurism & Technology Trends

Shaping tomorrow: Exploring digital behavior shifts [5 TRENDS + Key Takeaway]

In today’s rapidly evolving digital landscape, we are witnessing a paradigm shift reshaping our online experiences and interactions. This transformative journey is not just about the advent of new services and technologies but also reflects our growing consciousness about the health implications of our digital lives. This shift is remarkably evident among younger generations like Gen Z and Gen Alpha.

These digital natives, who have seamlessly integrated technology into their daily lives, are steering away from traditional online platforms like standard search engines and news or product websites.

Instead, they are gravitating towards social apps and seeking information, inspiration, and a sense of community in more dynamic and interactive spaces. This change coincides with a growing interest in multi-functional “Super Apps” among all internet users and a rise in immersive, more experiential digital tools.

Recent statistics vividly show this evolving digital behavior, particularly among younger generations.

Here’s a summary highlighting these key trends:

  1. Increased smartphone usage
    Gen Z spends over 6 hours daily on smartphones, indicating a heavy reliance on mobile devices for various aspects of their daily lives.

  2. Changing information sources
    Almost 40% of young people now turn to platforms like TikTok and Instagram for answers, bypassing traditional tools like Google Maps or Search.This reflects a shift towards more visually engaging and social forms of information gathering. Younger generations are beginning their digital explorations from a place of curiosity, favoring immersive and interactive experiences over traditional search and browsing methods.

  3. Rise of super apps
    Apps are increasingly becoming all-in-one solutions, bundling various services to ensure users have everything they need within a single platform. This trend is leading to a more integrated and streamlined digital experience.

    Superapps consolidate and replace multiple apps for customer or employee use and support a composable business ecosystem, according to Gartner. Examples of successful super apps include Rappi, a Colombian on-demand delivery app; WeChat, a Chinese social media platform; and Grab, Southeast Asia’s ride-hailing, taxi, food-delivery, and grocery app. Early super-apps are expected to emerge in Western countries by 2025.

    ShaQ Express in Ghana also exemplifies the transformation from a traditional delivery company to a super app, offering a number of Internet-based services under one roof, yet another example of this trend towards more versatile and comprehensive digital platforms.

    By 2027, it’s projected that more than 50% of the global population will be daily active users of super apps. This trend underscores the growing preference for integrated platforms that offer a range of services in one place.

  4. Brand trust as a key purchase driver
    Brand equity is now the top purchase driver for consumers. This highlights the increasing importance of brand reputation and reliability in consumer decision-making.

  5. High trust in online reviews
    A staggering 88% of customers surveyed trust online reviews from strangers as much as personal contacts. This statistic demonstrates the significant role of digital word-of-mouth in shaping consumer trust and purchase decisions.

The landscape of digital interactions in our daily lives is rapidly evolving, painting a future where technology, trust, and convenience merge seamlessly.

As we navigate through an ever-evolving digital terrain, it becomes increasingly clear that our world is transforming significantly.

The shifts in digital behavior, highlighted by the rise of all-in-one platforms and the nuanced journey of technologies like Generative AI, underscore the dynamic nature of our digital ecosystem.

We must all pay close attention to these changes. Understanding and adapting to these shifts is not just about keeping up with technological advancements; it’s about actively participating in a world that is becoming more interconnected and experiential.

Embracing these opportunities will be the key to thriving in this new digital age?

Blog Futurism & Technology Trends Innovation Leadership

How technology can enhance real-world experiences

From digital transformation to experience transformation

The concept of hybrid reality – blending our virtual and physical worlds – has gained significant traction, fueled by a desire for more meaningful experiences along with advancements in artificial intelligence (AI) and immersive technologies. 

The COVID pandemic accelerated the shift to digital experiences such as remote work, home food delivery, online shopping, telemedicine, and more. While these experiences were initially met with widespread enthusiasm, as they offered unprecedented convenience and efficiencies in various aspects of daily life, many individuals began to recognize what this technology didn’t provide.

The lack of tangible human interaction and richness of real-world experiences left consumers realizing they did not want to live a digital-only life. For example, they loved to shop online but still wanted to go shopping, and while working from home provided new, exciting flexibility, they still wanted to interact with their teams in the office.

We’re all increasingly living in a time where much of our day is spent moving between different environments, experiences, and ways of doing things. From hybrid work to other hybrid physical/digital experiences, consumers will experience the merging of our physical and digital worlds – leading to better, more satisfying, and useful products and experiences for their everyday lives.  There is an opportunity for technology to augment our hybrid world, making it more seamless and adaptable to our needs.

Let’s dive into some of the ways this blending of physical and digital will affect our lives now and in the future.

Hybrid applications

Hybrid reality applications span diverse sectors, including entertainment, education, and healthcare, demonstrating their versatility and broad appeal. Augmented reality (AR) is one technology that will have a massive impact on hybrid reality. The AR market revenue is expected to top $21 billion this year.

Work

Whether someone is attending a meeting remotely or in the office, everyone wants to feel like they are an integral part of the team. This works great when everyone is either in person or virtual but is especially difficult when meetings are hybrid. HP is very focused on using AI-powered audio and video to make hybrid meeting experiences more engaging, no matter where you are. For example, this involves moving from a static video feed of everyone in the room to being able to frame the audio and video of the person speaking automatically.

And HP is not alone. Sixty-three percent of high-growth companies have adopted a “productivity anywhere” workforce model.

Touch

Touch is a big part of our physical world experience, but it is not possible when remote or virtual…yet. A startup, Emerge.io, has developed a virtual touch technology that allows you to feel a remote hug, handshake, or high-five literally. The small device creates a precise, ultrasonic force field, so now you can physically feel what you see on the screen or through your AR glasses. This could also be used for games, media content and video calls to set the stage for new hybrid experiences that include touch.

Writing

Even with all the technology today, some people still prefer using a pen to write in a physical notebook. What if you can have the best of both worlds? One approach is by adding a very accurate sensor to the pen, enabling the stylus to create a digital copy of anything you write or draw on paper. Another is to use the power of Generative AI to enable this, allowing you to have the physical benefit of writing with all the power and benefits of digital. This is another example of hybrid reality, blending our digital and physical worlds to create an even better experience than is possible in just a purely physical or purely digital experience.

Looking forward

The impending arrival of hybrid reality, an innovative blend of physical and digital worlds, is poised to revolutionize our interactions and work landscape. As hybrid reality becomes a tangible part of our daily lives, it will redefine the boundaries between virtual and physical realms and offer new, dynamic ways to interact with each other and our environment, profoundly impacting both our personal and professional lives.

Blog Futurism & Technology Trends Innovation Leadership

How technology is powering the future of the workforce

The pandemic has caused a shift in the way we work, with more people working from home than ever before. As we look to the future, it’s clear that technology will continue to transform how we work, both in and out of the office. Join us as we explore how technology has impacted the hybrid and remote workforce.

Increased productivity

Technology has played a crucial role in enhancing productivity while working from home. A Stanford University case study found that employees who worked from home for nine months were 13.5% more productive than their office counterparts. Another study by ConnectSolution found that 77% of remote workers say they’re more productive when working from home, with 30% doing more work in less time and 24% doing more work in the same period.

Technology has been instrumental in increasing productivity while working from home. With advancements in technology to revolutionize working from home, such as virtual and augmented reality, digital whiteboards, and advanced video conferencing tools, we can expect even more solutions to help remote teams work efficiently and effectively in the future.

HP is committed to helping the remote workforce by providing advanced technology solutions that enable seamless remote work. One example is our focus on providing home office tech for hybrid work success. With the rise of remote work due to the pandemic, HP has recognized the need for high-quality technology solutions to help workers transition between home and office environments. HP offers a range of products and services to support remote workers, including a powerful laptop like the HP Dragonfly Pro, the user-friendly HP 710 rechargeable wireless mouse, or an all-in-one printer like the HP ENVY 6000.

Video conferencing boom

Over the past three years, video conferencing has restructured how we work from home, enabling us to stay connected with our colleagues despite being physically distant. With the increased use of technologies like Zoom and Microsoft Teams, people can now conduct face-to-face meetings, collaborate on projects, and attend training sessions without being in the same room. Video conferencing has made remote work more manageable and reduced the isolation many remote workers face.

A study by HP Tech Ventures portfolio partner Owl Labs found that 71% of remote workers find it easier to present on a video call than in person and feel more connected to their team when they use video conferencing. By seeing each other’s faces and body language, employees can build stronger relationships and better understand each other’s perspectives, improving teamwork and productivity. Moreover, video conferencing has eliminated the need for long commutes and allows people to save time and focus on their work. Another study by Axios found that working from home saved workers around the world an average of 72 minutes in commute time every day in 2021 and 2022, leading to improved work-life balance and higher job satisfaction.

Streamlined communication and collaboration have been vital to keeping remote teams functioning smoothly. Technology has provided employees with a level of interaction never seen before. The influx of technology allows for effective employee engagement and entirely transforms communication norms. Video conferencing has become crucial in making remote work more manageable and connected. As more companies adopt remote work policies, video conferencing will continue to be vital for maintaining productivity, staying connected, and fostering teamwork.

HP acquired Poly last year, reinforcing our commitment to helping the remote workforce by providing advanced technology solutions that enable seamless remote work. We’re leveraging our combined strengths with Poly to create a unique, pro-grade experience for hybrid workers. According to a study by Lifesize, video conferencing leads to productivity for 94% of companies. As video conferencing is paramount for hybrid work, we are excited to see how HP will incorporate Poly into its software and PC offerings. The Poly Studio Room Kits for Microsoft Teams Rooms can now be paired with the Microsoft Teams-certified HP Mini Conferencing PC with Microsoft Teams Rooms to deliver a complete solution experience for meeting rooms of any size.

Ctrl + Alt + Secure

As more people work remotely, cybersecurity has become a significant concern. Cybercriminals are constantly looking for new ways to exploit vulnerabilities and gain access to sensitive information. Companies and employees must work together to fend off cyber threats. Between 2008 and 2021, the FBI recorded a 207% increase in cybercrime reports, with losses hitting almost $7 billion last year. HP Wolf Security’s Evolution of Cybersecurity report also details the rise of cybercrime and the importance of implementing advanced security measures.

As employees are often the last line of defense in an attempted cyber-attack, it is critical to equip them with the knowledge to recognize when such an attack occurs and what steps they should take to mitigate the threat. One of the most significant cybersecurity risks associated with remote work is using unsecured networks. According to the Norton Cyber Security Insights Report, 49% of people in the U.S. never use a virtual private network (VPN) when they connect to public Wi-Fi. To protect against this risk, remote workers should use a VPN to encrypt their data and prevent it from being intercepted. To minimize the risk of a data breach, remote workers should ensure that their devices are equipped with up-to-date antivirus software and that all software and operating systems are regularly patched and updated.

Overall, cybersecurity is critical when working from home. Remote workers should be aware of the risks associated with remote work and take appropriate measures to protect their devices and data. By using secure networks, regularly updating software, and utilizing strong passwords, remote workers can help minimize the risk of a cyberattack and ensure that sensitive data remains safe and secure.

Technology is transforming how we work from home, with increased productivity, improved collaboration, and advanced cybersecurity measures. As we continue to adapt to a new way of working, it’s clear that technology will play a vital role in ensuring that remote workers can work effectively and securely.

Source: HP
Blog Futurism & Technology Trends Innovation

6 gaming companies to watch this year

Gaming continues to be a hot topic this year as startups innovate for the world’s 3 billion gamers. From haptic clothing that lets you feel your games to technology that adds smell to your virtual reality experiences, here are the top gaming startups to watch this year:

Mobalytics

How they’re changing the game

Mobalytics, (we’re biased; it is an HP Tech Ventures portfolio company) is an AI-powered personal gaming assistant that helps gamers conquer their favorite games. As the first personal performance analytics for competitive gamers, the platform analyzes players’ performance over many sessions and, helps them define their weaknesses and strengths, and provides personalized advice on improving their aim, strategy, teamwork, etc.

Why we’re watching

We admire Mobalytics’ bold vision to help all gamers reach their full potential, and their founder and CEO, Bogdan Suchyk, embodies that spirit by leading as though nothing is impossible.

Avalon

How they’re changing the game

Avalon is revolutionizing how games and virtual experiences are built. Founded by pioneers and leaders from games including EverQuest, Call of Duty, Diablo, God of War, Assassin’s Creed, and Elden Ring, Avalon is building a new interoperable universe.

Why we’re watching

With a comprehensive and extensive background in games, Avalon solves problems that will face creators and designers in the near future and is building the tools and framework that will allow them to do so.

Parsec

How they’re changing the game

Parsec, an HP Tech Ventures that exited to Unity, has a proprietary desktop capturing application perfect for any graphically intense applications in game development, broadcast, media and entertainment, architecture, engineering, and construction.

Why we’re watching

Optimized for low latency, high framerate, and security, Parsec enables gamers to stream video game footage through an Internet connection. It allows users to run a game on one computer but play it remotely through another device, which has proven a winning formula for professionals and gamers with high-end compute needs.

Tangle

How they’re changing the game

Tangle is a virtual space for teams to connect and collaborate. A central hub for remote communications, Tangle enables customers to grow a thriving remote work culture that teams love.

Why we’re watching

Where gaming and hybrid work meet, Tangle offers avatars and other fun features to make remote work a unique and enjoyable experience. Users can project their personality yet still protect their privacy while also communicating to colleagues their openness to collaborate vs. the need to focus. Sort of like closing or opening that office when people had private offices with a lot more useful features and gradations.

Runway

How they’re changing the game

Runway’s mission is to make content creation accessible to all. They’re taking recent advancements in computer graphics and machine learning to push the boundaries of creativity and lower the barriers to content creation.

Why we’re watching

Runway offers a broad toolset for art generation and supplements another long-time favorite or ours, user-generated content. The platform is forming the next generation of generative AI tools as it embodies a spectrum of tools, e.g., text input of course, but easy-to-use editing, personalized data set training…

Scenario

How they’re changing the game

Scenario enables artists and game developers to create their own image generators trained on the specific style of their games. Starting with specific training data should enable creators to rapidly iterate and go much faster than trying to develop everything from scratch themselves.

Why we’re watching

Regardless of the level of technical expertise, game developers can create custom generators capable of producing entirely new game assets consistent with a given style.

We’re looking forward to seeing the innovations these gaming and eSports startups deliver this year.

Blog Futurism & Technology Trends Innovation

Augmented Reality: The gateway to the future

Several exciting technologies are at the center of discussions about the future, from virtual reality (VR) and the metaverse to 5G and artificial intelligence (AI). While these emerging technologies are expected to disrupt our daily lives eventually, most of them must still overcome significant obstacles before mass adoption is plausible. However, augmented reality (AR) could bridge the gap between the present and the future due to its increased accessibility and interactivity.

First, what is AR?

AR is the integration of virtual objects into the real world. In an AR experience, users can interact with virtual features that are overlaid in the real world, in real-time. These virtual items are accurately rendered within the real physical environment to create a believable experience for users. While VR creates an entirely simulated world, AR alters the perception of the real world with its added elements, which can include visual, haptic, auditory, and olfactory components.

The current state of AR

AR is far from perfect and still has many issues to iron out, but its growth is possible alongside its adoption. AR does not necessarily require more than a smartphone to function. This differentiates it from technologies like VR that require specific gear and virtual environments, which limits adoption until its framework is fully resolved. VR headsets can be somewhat uncomfortable and can cause eyestrain and motion sickness. While developers are addressing those concerns, there is also the issue of true immersion. One of the main benefits of VR over AR is its promise of total immersion into virtual worlds and scenarios. Technologies that would support that capability exist, such as haptics and omnidirectional treadmills, but they are still a growing sector and difficult to afford for the average consumer. An ever-improving AR app on your smartphone is far easier to adopt than expensive VR gear that takes you to limited virtual experiences and currently incomplete worlds. By introducing AR to consumers on devices they already own, it could become easier to encourage them to adopt fully fleshed-out AR and VR technologies down the line.

AR is currently used in applications like mobile, retail, healthcare, and education. Mobile applications include popular games, like PokemonGOAmon, and Angry Birds AR; visualizer apps that allow you to place furniture or change the color of your home’s walls, like DecorateAR and Paint Tester; and social media apps like Snapchat and TikTok. Retail AR saw significant growth during the COVID-19 lockdown. Many brands embraced different virtual try-on technologies, from IKEA Studio to ASOS’ “See My Fit” to Kohl’s virtual closet on Snapchat. AR in healthcare is currently focused on medical imaging technologies that improve surgical planning and outcomes, such as HP Tech Ventures’ partner Surgical Theater, which uses AR, VR, and 3D technologies to provide a precise visualization platform for surgeons and medical students. For non-medical education, AR apps like Elements 4D and JigSpace help students learn important concepts through immersive visualization.

The future of AR

In the future, AR applications will see both improvement and innovation. The AR market is expected to grow at an impressive compound annual growth rate of 40+% from 2022 to 2030. Already existing technologies, like the above apps, will improve, expand, and become easier to use and access. New and emerging technologies, like AR glasses, smart lenses, holograms, and the metaverse, will enable AR’s further expansion and adoption. AR glasses and smart lenses are already in progress, with companies like Apple and Nreal working to create comfortable and fully functional AR glasses. HP Tech Ventures’ portfolio company Mojo Vision is also working on smart contact lenses and recently reached an incredible milestone with the first-ever on-eye demonstration of a feature-complete AR smart contact lens.

Holograms, powered by AR goggles, glasses, or contact lenses, are another potential technology innovators are beginning to explore. As our world embraces hybrid and remote work, hologram meetings could become the new norm. 3D holographic displays could also become another feature of the future of work. And in our personal lives, board games of the near future could see a holographic boost, with companies like Tilt Five creating holographic AR versions of popular games like Settlers of Catan.

Finally, AR technologies will play a significant role in adopting the metaverse. While many envision the metaverse as a fully immersive experience enabled by VR headsets, there is a growing belief that AR will be a more palatable gateway, augmenting our existing world rather than replacing it with a virtual one. Perhaps more likely is the existence of two metaverses: one enabled by AR and the other by VR, with possible entry points between them.

The importance of AR boils down to one essential factor: accessibility. Incredible strides have been — and will continue to be made — with several emerging technologies, however mass adoption cannot occur if the average consumer can’t access them. Allowing consumers to interact with the metaverse and related technologies through devices they own will shorten the adoption time and onboarding process for future devices. This makes AR the perfect gateway to VR, the metaverse, and many future technologies.

Blog Innovation

How weak signals can help you stay ahead of the next wave of innovation

A crucial ingredient for any successful business is understanding the trends shaping the world around us and that point to future opportunities.

If you miss these shifts, you risk being disrupted and, worse, going out of business. But if you can catch these potential trends early and capitalize on them, they instead mean growth and opportunity.

Catching these subtle changes early isn’t easy, however. All world-changing shifts don’t just magically appear, they start as weak signals, and you must look for them. A weak signal is very early evidence of a potential future mainstream trend. Given the very early nature of these signals, they may or may not actually become a trend. But identifying and monitoring weak signals over time is integral to getting in on new trends early. Sometimes this can be the difference between catching a new wave and leading this change or getting left behind.

As futurists, we want to be the disrupters, not those being disrupted. To do that, we need to constantly observe society and the world around us to find these new trends and weak signals.

Here are eight weak signals that our team is watching for future impact.

Eco-consumerism

Consumers are becoming more aware of how their consumption contributes to climate change, and this is changing their buying behaviors accordingly. As consumers become more eco-friendly, they’re putting pressure on brands to do the same by repurposing waste, using biodegradable materials, and prioritizing renewable resources. Companies that don’t embrace sustainability or give back to the planet in some way risk losing the support of consumers. With 77% of consumers concerned about the environmental impact of the products they buy, that’s a large demographic to risk losing.

Here’s a look at eco-consumerism at play:

  • These bio-concrete tiles are made with Japanese knotweed and American signal crayfish, two invasive species in the UK that would otherwise be considered waste. They also reduce carbon emissions caused by traditionally made concrete.
  • These running shoes from Zen Running Club are made entirely from plant-based materials, resulting in a fully biodegradable shoe.
  • Molded fiber, an eco-friendly packaging alternative, is gaining momentum. Once a time-consuming process, recent innovations like HP’s Molded Fiber Advanced Tooling Solution are accelerating the adoption of more sustainable packaging.

Rise of reality

While we are still living highly digital lives, and there is significant hype surrounding a potentially virtual future in the metaverse, there is also a growing need for a return to reality. After the lockdown portion of the pandemic, many of us are ready to return to physical spaces, travel, and in-person entertainment to escape Zoom fatigue and tech burnout. As more people crave unplugging over new online experiences, it will be critical for new technologies to enhance our physical experiences and interactions. Even further, tech companies are responsible for improving their products to battle burnout and enhance user experience.

Here’s a look at the rise of reality at play:

  • AiFi, an HP Tech Ventures portfolio company, offers AI-powered autonomous retail solutions, making shopping a seamless experience for consumers and retailers.
  • To address tech fatigue, many tech companies could provide time-limit features or recommend breaks to users. Other companies are getting even more creative, like these hologram startups aiming to make remote meetings feel less impersonal.
  • Location-based VR experiences, powered by technologies like HP’s VR backpack, allow users to blend the virtual with reality.

Distributed enterprise

In a recent HP Wolf Security report, 46% of office workers admitted using their work devices for personal tasks, and 69% claimed to have used their personal devices for work activities. This overlap between work and personal devices has been exacerbated by the increase in remote work, which has further blurred the line between consumer and enterprise. Enterprise products and services are being increasingly distributed across smaller home offices rather than large company headquarters. This has significant implications for cybersecurity and maintenance and could contribute to feature changes.

Here’s a look at distributed enterprise at play:

  • With the era of hybrid work upon us, there is a growing need for devices connecting home and corporate offices. Solutions like HP Presence provide powerful collaboration tools to reinvent how people connect.
  • Employees and companies can better protect their data from cybercriminals by embracing decentralized cybersecurity. Approaches like zero trust security are gaining popularity, with 78% of firms planning to adopt zero trust in 2022.
  • Remote maintenance is not entirely new, but it’s increasingly essential as remote work grows. Advanced remote management technologies, like NVIDIA’s Fleet Command, are working to optimize processes for global IT professionals.

Omniscient health

As people continue to be hyper-conscious of their health, there has been significant growth in health-related technologies ranging from wearable devices to AI-powered diagnostics. Wearables like fitness trackers have become smarter and more powerful, so users are gaining greater insight into their health. Health providers can use this new data, paired with the power of AI, to aid in their care. Microfluidics could also enable faster, less invasive, and more accurate diagnostics. As monitoring our health becomes part of our daily routine, chronic issues could be caught sooner, leading to more proactive care.

Here’s a look at omniscient health at play:

  • Using data from continuous wearable sensors, physiQ generates personalized and actionable insights for patients and their healthcare providers.
  • For people with chronic illnesses, health monitoring tools are essential. Fortunately, many startups are working to create more straightforward and less invasive health monitoring methods, such as BOYDSense, which developed a breath-based glucose level monitor for those with diabetes.
  • Using microfluidics, researchers at Northwestern developed a sticker that absorbs and uses sweat to accurately diagnose cystic fibrosis in newborns. Another research team from the University of Minnesota has also created a new microfluidic chip that could provide point-of-care diagnostics.

Internet of energy

At our current rate, global energy consumption is set to see a 50% increase between 2020 and 2050. With the growing volume of data, demand for clean energy, and increasing adoption of emerging technologies, a new energy system may be critical. Antiquated energy infrastructure, like electrical grids, cannot keep up with technology advancements and energy demands. The Internet of Energy may be the best solution, as it can reduce inefficiencies, limit waste, and maximize the potential of existing infrastructures. It could also lead to the adoption of smart grid technology, which would hugely benefit users and energy consumption.

Here’s a look at the internet of energy at play:

  • Smart panels from startups like Span balance home electricity use to avoid overloading utility grids.
  • Packetized Energy, recently acquired by EnergyHub, is a software platform aggregating energy devices such as water heaters, HVAC systems, electric vehicle chargers, solar inverters, and distributed batteries into dispatchable and flexible grid resources.
  • General Electric (GE) launched a startup, Current, which pairs LEDs and solar panels with software. This allows the system to gather data to apply insights to corporate operations to increase lighting and productivity savings.

Geospatial AI

The increasing number of satellites and improved image quality provides a plethora of data that, combined with supercomputing, allows Geospatial AI (GEOAI) to extract and impart impactful insights. This integration of geospatial studies and AI helps machine learning mimic human spatial reasoning and dynamics to better understand environmental and geographical impacts. This could lead to hyper-local and instantaneous weather forecasting, real-time wildfire detection, and other capabilities that could make environmental conservation and planning more seamless.

Here’s a look at GEOAI at play:

  • Google’s Machine Learning for Precipitation Nowcasting from Radar Images performs weather forecasting using real-time data instead of hours-old data.
  • The city of Boston will use data from satellites in the TreeTect pilot to improve tree equity and anticipate tree maintenance tasks.
  • Scientists from Stanford University developed a deep-learning model that maps fuel moisture levels across 12 of the US’ Western states, making it easier to predict where wildfires are likely to ignite and spread.

Transportation transformation

Growing concern for pollution and congestion is leading to disruptive innovation in transportation technology, policy, and infrastructure, which will radically change how we transport people and things in the future. Crowded freeways, slow delivery times, and an urgency to counteract climate change all demand revolutionary change in the transportation industry.

Urban transportation is central to the effort to slow climate change, with plenty of opportunities for growth and innovation. Home to more than half the world’s population, cities account for more than two-thirds of global carbon dioxide emissions. Transportation is often the most prominent and fastest-growing source of emissions and is the U.S.’ second-largest source of greenhouse gas emissions.

Here’s a look at transportation transformation at play:

  • Though not quite a reality yet, the idea of a hyperloop has long captivated society, with companies like Virgin and The Boring Company working towards its creation. The technology exists to create the ultra-fast transportation concept, but there are still significant hurdles to overcome.
  • TuSimple has created autonomous trucks, which promise improved safety, efficiency, and sustainability. Its trucks allegedly shaved 10 hours off a 24-hour run.
  • Florence has implemented smart trams, which could shape future transportation for other European cities.

3D-printed electronics

Advances in 3D printing technology that allow for voxel-level specification of materials, combined with improvements in metal substrates, will enable electronic components to be printed at the same time as durable parts, rather than being added as a separate assembly step after printing. These capabilities could allow electronic devices to be 3D-printed on demand as all-in-one elements, with no assembly required. This would minimize production costs and time and create an opportunity to reduce the size and weight of electronics.

Here’s a look at 3D-printed electronics at play:

  • Japanese CAD and 3D printing company SOLIZE uses HP 3D printers to make out-of-production spare parts for NISMO, the motorsport division of Nissan
  • Optomec’s Aerosol Jet printing technology enables 3D-printed electronics using aerodynamic focusing.
  • Nano Dimension’s Dragonfly IV 3D printer can generate entire circuits in one step.
  • Researchers at the University of Florida have developed a method of printing copper on fabric, a milestone for wearable electronics.

Considering the state of our world, futuristic thinking is a necessary skill we all need to learn and practice. With the constant and rapid pace of change, everyone should be honing their futurist skills. And thinking like a futurist isn’t reserved for a select group of people. It is a fundamental skill set that anyone can learn.

This is not something all of us do naturally, though. Only a small percent of the population thinks and plans for the future. In fact, only 35% of Americans regularly think about their five-year future. Those who aren’t thinking of their futures are disadvantaged over those who do. If we want to stay one step ahead in our fast-paced world, and if we’re going to move forward and create the future we want, we must adopt long-term, futuristic thinking.

To help you get started, here are three essential practices that I have found very useful in my career as a futurist:

  1. Monitor shifts — Pay attention and understand what’s happening in the world around you. Notice the small changes that create new needs. Keep an eye on these weak signals and any others that appear.
  2. Visualize future outcomes — Start with your vision for the future and work backward from there, not the other way around. What was the catalyst for your vision of the future?
  3. Adopt an innovative mindset — Have a “can do” attitude and be unstoppable. Embrace everything as a learning opportunity, even failure.

The more you think like a futurist, the better you can create the future you want.

Which of these weak signals are you interested in? Any others you are monitoring? Share your thoughts with me in the comments.

Blog Futurism & Technology Trends Innovation

E3 Reckoning: Equality, Equity, and Environment

The COVID-19 pandemic shined an unflattering light on the need for further advancements in equality and equity, as well as growing concerns for sustainability post-pandemic. As our team began to study the cause and effect of these dire circumstances, we noticed three key trends and opportunities that will impact all of our futures.

1. From digital divide to digital parity

Nearly half of the world’s population remains unconnected to the Internet and locked out of opportunity. Inequality in access to the Internet and communication services, known as the digital divide, affects 52% of women and 42% of men worldwide. That gap becomes even more pronounced in rural regions of the world or here in the U.S. in urban locations that lack affordable and reliable access to broadband Internet. In Africa, only 39.3% of its inhabitants have Internet access, compared to 87.2% of Europeans and 94.6% of Americans.

COVID-19 further highlighted this issue when it pushed us all to work and study from home. Take education, for example. Pre-COVID, roughly 260M children were not in school, which soared to 460M. However, according to the United Nations, almost half of the earth’s inhabitants — some 3.6 billion people — did not even have access to the Internet at the end of 2019. It is nearly impossible to work or study from home without access to the Internet.

There’s also a cost to digital equity. The U.S. alone loses more than $130 million a day in economic activity when people aren’t online.

Closing the digital divide will take trillions of dollars, and no one company can solve it alone. Yet digital equity is indispensable for exercising fundamental human rights, including access to education, healthcare, and economic opportunity.

The HP Refresh Program aims to empower communities by providing schools with the resources to equip every student with the tech they need. HP software helps organizers restore previously used PCs, providing a workaround that avoids dipping into already-strained school district budgets. Plus, this helps to reduce tech waste by keeping devices in good condition and in use.

Microsoft also recently expanded their Airband Initiative, connecting rural areas to eight cities: Atlanta, Cleveland, Detroit, Los Angeles, Milwaukee, New York City, El Paso, and Memphis. The Airband program provides affordable internet access and computers. Microsoft also intends to make devices more affordable by providing free and low-cost refurbished computers and tablets to communities of color. Microsoft is partnering with companies like PCs for PeopleHuman-I-T, and PlanITROI, whose Digital Dreams Project provides refurbished devices to K-12 students in need.

HP has also set very aggressive goals to help bridge the divide by 2025:

  • Enabling better learning outcomes for 100 million people by 2025, since the beginning of 2015
  • Contributing 1.5 million employee volunteering hours by 2025
  • Contributing $100 million in HP Foundation and employee community giving by 2025

2. From business capital to human capital

According to the Credit Suisse Global Wealth Report, the world’s richest 1 percent, those with more than $1 million, own 43.4% of the world’s wealth. That disparity only grows greater when you look at it by class and race.

According to a McKinsey study, Black workers make approximately 30% less than their white co-workers. At the same time, Latinx Americans make just 73 cents for every dollar earned by white Americans.

At HP, we believe leveling the playing field is critical. We believe in creating a culture of inclusion, equality, and empowerment for our employees. We also believe in creating a platform for human rights that extends beyond HP, where we will strive to drive policy changes that fight racism, advocate for human rights, and advance social justice across the globe.

Diversity and inclusion are fundamental drivers of innovation and creativity. HP was built on the values of diversity and inclusion, fairness, and equality. We embed diversity, equity, and inclusion into everything we do. HP’s Board of Directors is one of the most diverse of any U.S. technology company. We encourage our suppliers and business partners to commit to diversity, equity, and inclusion goals and invest in programs and partnerships that build the pipeline for diverse talent. We are committed to creating inclusive technology that affirms human dignity, promotes independence, and unleashes creativity.

Our 2025 goals include:

  • Double the number of Black and African American HP executives (VP level and above) in the U.S. by 2025
  • Developing skills and improving the well-being of 500,000 factory workers by 2025
  • Doubling factory participation in our supply chain sustainability programs by 2025, compared to 2015

One of those programs helping us achieve these goals is HP LIFE, a free, skill-training program for entrepreneurs, business owners & lifelong learners. HP LIFE is intentionally accessible offline — given the current digital divide. Since 2012, more than 1 million people have taken courses.

3. From resource consumer to environmental steward

Corporations across the globe are stepping up and making more meaningful goals to battle climate change. Climate impact on business and supply chain and growing demand from customers to buy from and work with companies that better align with their values drive these efforts.

Nielsen studies show that 66% of consumers would spend more for a product if it came from a sustainable brand, and 81% of global consumers feel strongly that companies should help improve the environment.

At HP, we have long been proponents of climate action. Our mission is to drive toward a net-zero carbon, fully regenerative economy while engineering the industry’s most sustainable portfolio of products and solutions. In April 2021, we set new goals that outline our comprehensive plans to combat climate change, focused on carbon emissions, circularity, and forests. We are also working to address the fiber of non-HP paper used in HP printing products and services through initiatives like the HP Sustainable Forests Collaborative and are restoring, protecting, and improving the management of over 200,000 acres of forest in Brazil and China. Being an environmental steward is not only good business but also smart and impactful business.

Our broad goals include:

  • Using 30% post-consumer recycled content plastic across HP’s personal systems and print product portfolio by 2025.
  • Eliminating 75% of single-use plastic packaging by 2025, compared to 2018
  • Recycling 1.2 million tonnes of hardware and supplies by 2025
  • Achieving zero deforestation associated with HP brand paper and paper-based product packaging
  • Using 100% renewable electricity in our operations by 2025

We have an opportunity as technologists, entrepreneurs, and global leaders to drive the change needed to create a more balanced, equitable, and sustainable future. What steps will you take this year?

Blog Futurism & Technology Trends

How to lead a remote team during COVID-19

Our “new normal” requires leaders to rethink how they lead. These tips will help you lead a team that’s working from home.

Internet access has also become congested because more people are online during the day performing their jobs and attending school virtually. Carriers have reported their customers are using more voice calls and many of them are using Wi-Fi rather than cellular. In addition, Facebook has seen a 70% weekly increase in the number of people using Facebook Messenger for group video calls.

As the pandemic continues to alter our everyday lives, we’ve become reliant on services that allow us to work from home. Meetings are happening on Microsoft Teams, Zoom, and Google Hangouts. In fact, Zoom reported daily users spiked to 200 million in March, up from 10 million in December.

Creating a culture of a high-performing team can be challenging under normal circumstances, but what does it look like during a global pandemic? As a leader how can you adapt your leadership style and processes to meet your employees’ new expectations? Here are the top tips I have learned through my own experience leading a global, remote team.

  1. Communication is crucial.
    Implement tools that allow you to communicate easily. We use Skype and Microsoft Teams, and find it great to stay in touch with quick messages and updates on projects without cluttering our email inboxes.

    You can use a messaging tool to encourage socializing, too. Create a group in Whatsapp or whichever messaging platform you use that is not specific to work. Keep the “water cooler conversations” going and allow your team a space to share their non-work related content.

    For updates that require more than an email or chat message, hold daily or weekly stand-ups. We use Zoom for video meetings and find it a great tool to hold virtual meetings. Your team can share what they are working on, any challenges they may have, and ask questions. If you plan on having your stand-up as a video call, make sure your team knows that ahead of time and that everyone joins using video.  It not only makes the meetings more engaging, but it also discourages multitasking. 😃

  2. Manage expectations.
    Does your company require your team to be online during certain hours of the day? Communicate that with your employees, don’t assume they will follow the same hours as when they were in the office.

    If you don’t already use a project management tool, consider implementing one so that your team can keep track of upcoming deadlines, project statuses, and the items on their plate.

  3. Be flexible.
    Work isn’t the only thing in our lives that has been disrupted by COVID-19. For those who are at home with their children, caring for a loved one, or experiencing another life event that is disrupting their normal, flexibility is paramount.

    One important aspect of emotional intelligence I’ve discussed in the past is empathy. It’s the ability to put yourself in someone else’s shoes and understand how they might feel in a certain situation. As leaders, the more we’re able to relate to others, the better we help them feel understood and inspired.

    Check-in with your team on a regular basis and be fully present in your conversations, so you can make genuine connections and better understand their point of view. Once you have checked in, be flexible in creating a schedule and culture that considers their needs and current demands they’re facing.

  4. Cut yourself some slack.
    Remember, you and your team are going through massive changes in a quick time frame, so don’t expect things to be perfect from the start. Focus on small changes to start, and you will build a stronger and more supportive work culture.

    Don’t forget to take care of yourself, too. We’re all in this together.

Are you leading a remote team? I’d love to hear about your experience and any tips you’ve learned along the way. Please share them in the comments below.

Blog Innovation Leadership

HP Megatrends 2020 Refresh

Staying ahead of constant requires a keen understanding of the global forces that will shape our human experiences and business decisions

The amount of change happening in the world today is accelerating, creating a continuous challenge for how companies stay ahead of it all, decide where to invest, think about the future, and innovate in ways that enable them to do the disrupting, instead of being the ones disrupted.

Blog Futurism & Technology Trends Innovation Leadership