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

3 technologies impacting our lives during COVID-19

Appreciating technology’s progress amidst the COVID-19 pandemic

There is no doubt that this global pandemic is putting a massive strain on healthcare systems, businesses, economies, and governments all over the world. The world’s economy is expected to diminish by 3% this year. 36.5 million Americans have applied for unemployment since mid-March, nearing levels not seen since the Great Depression. At the time of publishing, over 8 million people have been infected, and 436,322 have lost their lives. In response, the global population is collectively adjusting to a new way of living as the COVID-19 situation progresses. Amidst the extreme stress and uncertainty that we are all facing, it’s important to take a moment to appreciate some of the technologies that are helping us cope during this difficult time.

Connective technologies like video conferencing, social media, gaming, and more are quickly becoming essentials as we are less able to collaborate, socialize, and interact physically. Working from home, something that would have been practically impossible for many people less than two decades ago, is now supported by these technologies, allowing people to connect via video conferencing apps like Zoom, Microsoft Teams, Cisco WebEx etc. Zoom, one of the most popular video conferencing apps of this time, saw a staggering increase in meeting participants, up from 10 million in December to 300 million in April.

Virtual events and educators are utilizing video conferencing as well, in an attempt to continue life as normally as possible. Similar apps like HouseParty and FaceTime are helping friends and families stay connected from afar. Some have noted this reconnection to be ironic in the age of social distancing, as it’s prompting many friends, families, and neighbors to rekindle and deepen their relationships.

Mobile applications and delivery services are enabling people throughout the world to support their favorite local restaurants and vendors by ordering delivery while things remain closed. Throughout the world, apps like Postmates and DoorDash are allowing restaurants to continue business through deliveries, with options to have deliveries left at the door in order to limit person-to-person contact. Some delivery services, like Zomato, are waiving restaurant fees in an effort to bolster the now-struggling industry. In Uganda, the Market Garden app is now connecting women vendors to customers seeking fresh fruits and vegetables that they would normally find in the bustling markets of Kampala but are missing while social distancing rules are in place. In the U.S., 49% of consumers turned to online grocery delivery because of the coronavirus, a practice that may continue even after stay-at-home orders are lifted. Even drones are getting involved in deliveries, with startups like Manna Aero using drones to deliver much-needed medicine to vulnerable people on lock-down.

Social media and entertainment platforms like Instagram, TikTok, and Quibi are providing a welcome distraction from the many stressors of day-to-day life under quarantine. Over 80% of U.S. and UK consumers admit to consuming more content during the lock-down, especially online videos and broadcast TV. In response, Netflix released a way to watch TV shows and movies simultaneously with your friends, virtually. Video games have always been a great way to connect and play with others, and now more people are embracing them. According to Verizon, gaming data usage increased by 75% in mid-March, and several streaming gaming services experienced server issues, likely due to a significant increase of inactive users. Among the affected were Blizzard Activision and Riot Games.

Thanks to these existing technologies, people all over the world are finding ways to stay entertained and sustained during this difficult time, and 9 out of 10 surveyed Americans claim to have a better appreciation for technology due to how it has impacted their lives during this crisis.

How have emerging technologies affected the world’s response to COVID-19?

Artificial intelligence

While artificial intelligence (AI) is still in a relatively nascent stage, researchers have been using it to track the coronavirus and predict potential spread. In the very early days of the virus, Toronto-startup BlueDot’s AI platform spotted a heightened amount of “unusual pneumonia” cases occurring in Wuhan, China. Kamran Khan, BlueDot’s founder and CEO, served as an epidemiologist and physician during the 2003 SARS outbreak, which inspired him to develop a technology that could cull through massive amounts of data in order to detect potentially dangerous diseases. In the past, AI has also successfully predicted the outcomes of the 2016 Zika virus and the 2014 Ebola outbreak. AI machines, like the CS-1 computer from startup Cerebras Systems, are being used to speed up the discovery of a potential vaccine for the coronavirus. Originally intended for cancer research, the CS-1 computer is hard at work at Argonne National Library, running learning models with the intention of finding compounds that may be effective against the virus.

Robots

In Singapore, semi-autonomous robots are being utilized to disinfect large public surfaces, such as outdoor seating. One robot, called the eXtreme Disinfection robot (or XDBot), was created in only six weeks by a team at Nanyang Technological University (NTU). In China, robots are helping out in several ways, from taking temperatures to sanitizing surfaces to producing and delivering food. To limit the amount of contact between healthcare workers and COVID-19 patients, robots are also serving as portable telehealth operators. One such example is Boston Dynamics’ Spot, a dog-like robot with a tablet attached for video conferencing purposes. Boston Dynamics also says that they are working on upgrading Spot with technology that would allow the robot to test for fevers and monitor respiratory rates.

3D printing

The 3D printing community has been incredibly active in finding ways to contribute during this difficult time. Many in the industry have been producing essential gear and helpful devices for healthcare workers, including HP. HP’s 3D research and development centers located in San Diego, Corvallis, Vancouver, Washington, and Barcelona are actively creating mask adjusters, face shields, and hands-free door openers, as well as testing potential new devices that may help patients. HP has made these designs public and available to any who are able to 3D print and contribute to the cause.

We are not alone in our efforts. Digital manufacturing companies from all over the world are coming together to create necessary supplies, such as test swabs. Lamborghini is using HP Multi-Jet Fusion technology to make lung simulators used to test ventilators used by coronavirus patients. Individual 3D-printing enthusiasts are also working tirelessly to give back to healthcare workers, using smaller, at-home 3D printers to craft personal protective equipment and other helpful gear.

During this time of uncertainty and overwhelm, it is perhaps comforting to appreciate how far technology has come. Existing technologies are enabling people to cope in a variety of ways during isolation, and emerging technologies are proving themselves to be essential to the future of our world. While the current pandemic has brought us great challenges, we are better prepared today than we have ever been in history, and perhaps our continued progress will enable humanity to survive future challenges with more confidence and awareness.

Blog Futurism & Technology Trends

Preparing for Gen Z as a Futurist

As a futurist, my job is to anticipate change and stay on top of current trends. There’s a new generation entering the workforce – Generation Z. Following Millennials, this generation includes those born between 1995 and 2010. While being defined as the most ethnically-diverse and largest generation in American history, Gen Z also grew up surrounded by technology, also making them the most tech-savvy generation.

I’ve previously provided some thoughts on thinking like a futurist and today, we’re diving deeper into the role Gen Z plays in the future. Here are my tips for how to collaborate with Gen Z:

1. Put yourself in their shoes

It’s important to acknowledge the obvious differences that divide each generation. For example, Gen Z grew up in a post-9/11 world with new technology and completely different childhood experiences than those of previous generations. With technology constantly at their fingertips, this generation of “digital natives” have had nearly lifelong access to boundless amounts of information at the drop of a hat. In fact, 97% of Gen Z have smart phones and spend more than 4 hours a day online.

And because they’ve never spent a day offline, they are acutely aware of the issues and challenges happening in the world around them. As a result, they are 54% more likely to say they want to have an impact on the world as compared to millennials. Also noteworthy is their attitude towards work and employers; almost half consider what the company does to make the world a better place as important as the salary.

By becoming familiar with Gen Z, and by understanding the different era and experiences they’ve grown up with, you’ll gain a better understanding of how to effectively collaborate with them. Whether it’s through asking questions, doing research, or understanding current trends, you won’t fully see eye-to-eye with this generation until you put yourself in their shoes.

2. Pay attention to what’s important

In the next decade, Gen Z is expected to cause an influx of roughly 60 million job seekers, effectively transforming the workplace. Concerning their careers, Gen Z-ers are very driven and competitive. Nothing motivates them more than achieving success and being rewarded for their good efforts. They value skill development and appreciate feedback, as they are always hoping to improve their performance. A controversial topic amongst Gen Z is the debate over work-life balance. It can be argued that this generation struggles the most with this – 24% say they feel guilty for taking time off work. On the other hand, 39% view work-life balance as a top priority when choosing an employer. Knowing these statistics as an employer can help foster a healthy work environment for future employees.

When choosing where to work, Gen Z will base their decision on the company’s values. This generation’s passion for sustainability, diversity, and inclusion reflects in their expectations for their future employers. Studies show that 77% of Gen Z believes a company’s level of diversity affects their decision to work there.

3. Stay up to date on trends

As any futurist knows, one of the most important ways to prepare for the future is to stay up to date with the latest trends. This applies to Gen Z trends as well. The more informed you are, the more prepared you will be to work with this generation.

Here are some resources for futurists to better understand Gen Z:

  1. After the Millennials
  2. Gen Guru
  3. Gen Z Insights
  4. Generational Differences in the Workplace Infographic
  5. Looking Ahead to Generation Z

We can all benefit from learning from one another. As this new generation enters the workforce, preparing through a lens like this will allow us to better understand and support them in their journey as they embark on this new chapter.

Blog Entrepreneurship Futurism & Technology Trends Innovation Leadership

Why Robots Aren’t Our Competition

In 2016, I wrote an article titled “Robots Aren’t Taking Our Jobs, They’re Transforming Them,” in response to a flurry of articles I read about robots taking over the workforce in the coming years. Now, nearly four years later, we see the same headlines.

While innovation is happening at an astonishing rate, we’re still nowhere near a Westworld-esque future where robots and automation rule. Robots have come a long way, but still need human expertise and skills to function. Therefore, the outcome is less likely a replacement of humans, but rather a reskilling.

There is a valid concern over the possibility of increasing inequality in our automated future. Once robots enter the workforce fully, most highly-skilled, educated workers are likely to experience a smaller shift in responsibilities than their less-skilled, educated counterparts. In order to adapt, those with fewer skills and education will likely have to expand their abilities to either empower them to work with robots or fall within the realm of abilities that robots currently lack, such as emotional intelligence and creativity.

For those that adapt to work alongside robots and automation, most will experience an increase in job quality, or even safety. For example, customer service professionals have been using AI chatbots for a few years now, and chatbots like bold360 allow the AI to answer the simpler questions, giving the humans more time to focus on complex customer issues. For example, HP’s virtual agent helps its support team sort through nearly 600 million technical support requests each year. There are also bomb disposal robots that use VR to allow soldiers to pilot them while disarming bombs from a safe distance.

It’s predicted that, despite disruption, there is still a net positive outlook for jobs. In other words, though 75 million current roles may be displaced by technology, 133 million entirely new roles may emerge simultaneously. These roles will likely be of two categories, one that deals predominantly with emerging technologies, like IT Services or AI Specialists, and one that provides the exclusively human touch, such as Designers or Human Resources.

Other reports, like this one from Brookings Institute, find that approximately 25% of US jobs are likely to be affected by automation. At face value, this number can seem concerning, but it’s important to remember that the process of implementation will still take time.

In the time it takes for the world to fully implement robots and automation in the majority of work systems, humans will be able to adapt and learn new skills, especially if they are empowered by their employers. Some are calling this the “Skills Revolution,” which refers to the fact that the skills required in the workforce are changing at a rapid pace. In the face of this, workers must embrace continuous learning opportunities, and employers must provide ongoing training to future-proof their employees.

To do just that for your employees, consider the following steps:

Pay attention to trends

As a futurist, I am constantly on the lookout for new Megatrends and patterns that may affect our future. This skill has served me and many others well over the years and has helped HP prepare itself for the years to come.

When it comes to future-proofing yourself in the face of automation, pay attention to new careers and job opportunities. It’s predicted that 65% of the jobs that Gen Z will perform don’t even exist yet. If you are able to spot a job trend and properly prepare for it, you could help usher in an entirely new career field.

Embrace lifelong learning

Gone are the days where you could learn a set of skills, perform them for the rest of your life, and earn a living. Nearly all careers require the occasional training or upskilling, but soon it will be necessary to dedicate time to learning on an ongoing basis. For some, this could mean improving their existing abilities and adding complementary skillsets, but for others it could mean learning an entirely new skill. It’s predicted that 42% of required skills will change by 2022, requiring the average worker to adapt to new tasks such as analytical thinking and negotiation. To adjust to these new skills by 2022, employees will need 101 days of training on average.

Thankfully, there are plenty of resources that will help, like Coursera and Lynda, as well as an emergence of recognized online higher education.

Maintain a growth mindset

How do you cope with challenge and difficulty? Do you give up when you feel that something is out of your range of abilities, or do you accept it as a learning opportunity? To maintain a growth mindset, you must learn to embrace challenges and failure as opportunities for growth, rather than letting them stop you in your tracks.

Read “The Power of ‘Yet’ – Developing a Growth Mindset” for more information!

When you develop a growth mindset, you’re able to have the confidence to push through challenges, and this persistence will help you prepare for our automated future. Whether this is a small shift in your career or a larger transition to an entirely new field, a growth mindset will help you see things through a positive lens.

Blog Innovation

Are you ready for the future?

As the pace of change continues to accelerate, one thing is certain. The future will look very different than it does today. I believe this accelerated innovation and the Megatrends driving it will have a sustained, transformative impact on the world in the years ahead — on businesses, societies, economies, cultures and our personal lives.
 
This change is inevitable, and those that anticipate and embrace it will be the revolutionaries of the experience age. In fact, adapting to the changes is the difference between leading change and being led by it. Unfortunately, there is no magic pill. No silver bullet. It takes dedication and thought. So, how can you lead the way and future-proof yourself?

1. Adopt an innovation mindset

When I was in college, a single computer took up an entire room. Yes, am dating myself a little here…. Now, we hold computing devices in the palms of our hands. In fact, we have more computing power in our pockets than all of NASA had when they put the first man on the moon in 1969.
 
Innovation is significantly shaping our world. And it’s the number #1 topic I’m most frequently asked about. Whether it’s at the HP offices, at speaking engagements, or when I attend conferences, people want to know how they can tap into their own inner innovator, and spark innovation at their offices.
 
Innovation is an attitude. As an innovator you need to believe you can change the world, that if you keep working on a problem you will eventually find a solution, and that anything is possible. Innovators have a passion to make things happen. They relentlessly take action.

Start with small things. Have lunch every week with someone outside of your team. Talk to them about what they do and how they do it. Innovation is about leveraging diversity, and the more you know about more things, the better you will be able to innovate.

Write down your ideas. Sometimes the simple act of writing things down can bring your ideas to life. You never know when that list will come in handy.
 
Once you become comfortable with those, move on to larger mindset shifts.

Question your assumptions about everything. Many times, the “right” way to do things can be altered and improved, it just takes someone to question the underlying assumptions. Ask yourself, how can this be improved? How can we make it better?

2. Keep learning or unlearning

“In times of change, learners inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists.” –Eric Hoffer

If you have a fixed mindset, your qualities are carved in stone. If you lack a skill, you will continue to lack it. However, when you adopt a growth mindset, you can grow and change through persistence and experience. With a fixed mindset, you can be easily overwhelmed with the future’s uncertainty, but the future belongs to those who can adopt a growth mindset and keep learning.

I’m currently learning about Quantum Computing by reading “In Search of Schrödinger’s Cat: Quantum Physics and Reality”.

I’m very interested in how the line between science and philosophy is blurring. It seems where science doesn’t have all the answers (e.g. quantum mechanics and the true nature of reality), philosophy comes back to the fore to help us imagine the possibilities that we hope science might one day prove out. Consider Einstein’s original thought experiment about sitting on the end of a light beam (philosophy) and how that led him to the special theory of relativity (science). Both are equally important for charting the human future in a world of accelerating change and technology.

3. Collaborate

A Nielsen study examined the impact of collaboration in the development stage of innovation. It showed ideas developed by teams of three or more people have 156% greater appeal with consumers than those developed by just one or two people who played a hands-on role.

Ideas developed by teams of three or more people have 156% greater appeal with consumers than those developed by just one or two people who played a hands-on role.

Connect with people in your field (current or desired) by discovering how they think and their vision of the future. When you get to know one another, you feel more comfortable sharing ideas and voicing your opinions, creating healthy collaboration.

4. Pay attention to emerging technology trends

Stay current on trends by reading, watching, and listening to sources you trust. As a futurist, my job requires a keen understanding of how the world around us is evolving, the global forces that are dramatically changing the landscape of markets and industries, and trends that are reshaping customer expectation. 
 
At HP, we’ve formalized our analysis and forecasting process into a body of work we call Megatrends, a systematic effort to identify the global technological, economic, and social currents that are influencing how people will live and work around the world in the future. Take a look at this year’s report that looks at how innovation and disruptions in economics, data, automation, and energy impact megatrends.

Personally, I stay on top of trends by reading the latest technology news, speaking with customers and industry pundits, paying attention to university and academic research areas, monitoring venture investing trends and start-up activity. I also draw from my personal experiences, media coverage, and public data sources.

It’s important to have a vision and desired outcomes in mind. Then explore how trends and technologies can help you realize those outcomes. Ongoing problems the world is facing, like poverty and climate change, cannot be solved with short-term thinking. If we want to move forward and create the future we want, we must adopt long-term, futuristic thinking.

Once you’ve identified the trends, come up with proactive statements about where you think the future is going. This is something that true disrupters do. So … ask outlandish questions, free your mind, and push yourself outside of your box. The future is yours to create.

5. Give yourself a break

After all that, are you feeling a bit frazzled? We spend hours pondering how we can stay ahead of this change instead of being led by it. Even if we could predict the future perfectly (which, of course, we can’t), we need to be willing to reinvent ourselves continuously as all of this change in our world occurs.
 
It’s okay to take a break from future-proofing yourself. Read a book. Take a walk outside. Listen to your favorite music. Give your brain a chance to breath and recharge.

Our future will be transformed by people like you, who are strategic thinkers, quick to innovate, and passionate. What do you think? What skills or mindsets will we need to adopt today for the future? Sound off below. 👇

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Answers to 4D Printing’s Top Questions

Did you know the 4D printing industry is expected to be worth upwards of $537 million by 2025 and grow by a CAGR of 42.95% between 2019 and 2025? This is being driven by the need to reduce the costs of manufacturing and processing in the face of an increasing focus to ensure a sustainable environment. Today, I’m diving into the top 4 questions about 4D printing:

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  1. What is the difference between 3D and 4D printing?

    4D printing is similar to 3D printing since it uses the same techniques of computer-programmed “printing” of layered materials to create a three-dimensional object. However, during the fabrication process of 4D printing, the printed produce reacts to external stimuli — heat, water, chemical, pressure, etc. — to self-assemble or change

    It’s a further evolution of 3D printing and is set to completely alter how we create and produce materials by adding the dimension of transformation over time into the creation process.
  2. How does 4D printing work?

    4D printing involves 3D printing objects that can self-assemble and transform based on some external stimuli. For example, a table that assembles itself when you touch a part, or an airplane wing that transforms with wind speed, or a temperature-activated cardio stent.

    In order to make something “4D” — assemble itself or change precisely under certain conditions — a precise geometric code is used based on the object’s angles and dimensions, as well as measurements that dictate how it should change shape when interacting with outside forces.

    It’s all about self-assembly. The ability to program a particular area of the material and be able to activate it through heat, water, chemical reaction, pressure and many other external influences to actually do self-assembly. Altogether these represent what I believe will be the next industrial revolution and a fundamental transformation in manufacturing overall.

  3. What is 4D printing used for?

    4D printing technology is not merely a novelty, but a necessity due to increasing urbanization caused by world population growth that is expected to reach 8 billion people over the next 30 years. This will cause an increase in “megacities — or cities with populations over 10 million people — from 10 in 1990 to 41 over the next ten years. This rapid urbanization will put an incredible demand on manufacturing and the distribution of materials.

    Numerous organizations are pouring money in 4D printing research and development, including Airbus SAS who is using 4D-related “smart” material that reacts to temperature to cool jet engines and a wing that morphs according to aerodynamic conditions to decrease air resistance. Briggs Automotive Company is developing a morphable wing for its supercar that can adjust to external weather conditions and automatically adjust itself to provide maximum downforce to the car.

    As many of you know, I am a drone aficionado. When I saw this research, I was excited. Engineers at Rutgers University–New Brunswick are fabricating smart materials in 4D that will transform according to their environment. This leads to shock-absorbing materials that will change as needed for use in aircraft or drone design for parts like wings that need to self-alter for varying performance.

    4D printing will also have a profound impact on healthcare of the future. It could be used for tissue engineering, self-assembling human-scale biomaterials, design of nanoparticles, and nanorobots for chemotherapy.

    It doesn’t stop there. You’ll see 4D printing transform and disrupt a variety of industries including consumer products, healthcare, automotive, construction, and aerospace

Overall, how 4D printing evolves in the future is up to the innovators and makers of the world. We must remain open to fresh ideas, new tools, and collaboration from all industries

ICYMI: Answers to Industry 4.0’s Top Questions

Blog Futurism & Technology Trends Innovation

BioConvergence: How nature-inspired technology is transforming our world

After about 4.5 billion years of solid research and development, nature has developed some ingenious solutions. From transporting water and nutrients up a 300-foot-tall redwood tree to defying gravity, nature has developed some of the best-known methods for life to adapt and thrive.

Researchers and scientists have been increasingly keen to study nature in search of new innovations. Sometimes, they simply present themselves. Velcro, for example, was created after a Swiss scientist went on a hike in the Alps and noticed that burdock burrs were stuck on his clothes and his dog. It took him 10 years to develop velcro, but now he’s resting comfortably having given the world a new way to stick.

BioConvergence is, put simply, the study of nature and the application of natural processes and phenomena to innovation. Technically it’s the convergence of biological, physical, and computing technologies inspired by nature. This field is now developing some of the most exciting and innovative developments in science and technology, including new materials and new fabrication processes for more efficient and resilient products.

Researchers are drawing on BioConvergence to find efficient, diverse, and ingenious approaches to problem-solving. New solutions are needed now more than ever, as the world’s population is expected to expand to an estimated 8.5 billion people by 2030, including 1 billion new people joining the middle class and consuming more resources. Concerns over sustainability as it relates to these projected needs are prompting new approaches to how we harness energy, consume resources and produce products.

The following are some examples of how BioConvergence is transforming the world as we know it.

Nature-inspired fabrication

In a future where demand could outweigh resources, alternative materials and fabrication methods may be needed–and soon. While previously the majority of our product manufacturing relied on a subtractive and replicative fabrication, we are now seeing increasing interest and use of additive manufacturing processes, that will give us greater control and less waste in product fabrication.

This form of manufacturing allows us to spend more time focusing on the detail of materials properties and science we are actually using to make fabrication and manufacturing more efficient and to increase throughput. It also inspires us to create products with varying material customization and personalization. It’s akin to the organization of cellulose fibers in the branch of a tree give the tree branch flexibility and yield. These properties are substantially different from the material in the trunk of the same tree. It’s the same wood but their mechanical properties are different based on the function of that region of the wood. We are moving into a world where instead of removing material, we add details needed by modifying the material rather than assembling another part.

Additive manufacturing, is an area HP is helping to pioneer and advance with its Jet Fusion technology. With HP’s Jet Fusion technology, users can control a material’s properties, such as color, mechanical strength,texture, elasticity, electrical and thermal conductivity, index of refraction, opacity, and more. This technology allows for the manufacture of parts with different qualities from common material. A part can have durable, hard surfaces with low friction where contact and wear will occur, and a differing index of refraction in another area.

Bioinspired materials

Bioinspired materials are synthetic materials whose structure, properties or function mimic those of natural materials or living matter. Examples of bioinspired materials are light-harvesting photonic materials that mimic photosynthesis, structural composites that imitate the structure of nacre (aka mother-of-pearl), and metal actuators inspired by the movements of jellyfish.

With the rise of 3D printing, greater inspiration is being gleaned from nature to construct new materials, substitute existing materials and develop new fabrication processes.

“Biological systems have clearly shown that large numbers of molecules, structures, and systems in living organisms possess attractive materials properties that are beyond the reach of current nonbiological synthetic approaches,” states the Materials Research to Meet 21st-Century Defense Needs paper by the National Academies Press. “Many of these molecules, structures, systems, and natural fabrication processes could serve as the basis for synthetic materials with enhanced properties.”

The bones of a bird have inspired new forms of concrete. While a bird’s bones are somewhat hollow, they are highly resilient and efficient, rather than fragile. The Technical University Munich (TUM) is experimenting with 3D printing to create lightweight cement pipes with a network of internal supports, similar to a bird’s bones. With a focus on structural efficiency vs. structural volume. Meeting physical requirements with minimalistic design.

“The design was inspired by the bone of a bird: very thin and light, but still very stable,” said Dr. Klaudius Henke, TUM Chair of Timber Structures and Building Construction, “It would be impossible to make it using traditional methods. 3D printing will change architecture. The technology not only allows more versatile shaping, but also more variety, since each component can be individually designed without incurring any additional costs.”

DNA digital data storage

The natural world is also inspiring researchers pondering our growing data problem. By 2040, the demand for global memory is expected to exceed the projected supply of silicon, the raw material for flash memory, according to some scientists. This is based on projected use of data, which continues to be consumed each year at an exponential rate.

Scientists are seeking solutions by looking to nature’s most efficient storage unit: DNA. DNA is three dimensional, lending vastly more storage space per unit area compared to conventional hard drives, which store information on a two-dimensional surface. Through DNA digital storage, scientists found a way to store 215 petabytes, or 215 million gigabytes– roughly equivalent to all the data on the internet — in a single gram of DNA. DNA is made of nucleotides: chemical “building blocks” of phosphate, sugar and nitrogen. As a raw material, it is highly compact and can last hundreds of thousands of years if kept in a cool, dry place.

“DNA won’t degrade over time like cassette tapes and CDs, and it won’t become obsolete,” said Yaniv Erlich, a computer scientist at Columbia University.

Information has been extracted from DNA in bones that are 700,000 years old. And, this memory uses 100 million times less energy than storing data electronically in flash.

Energy through osmosis

A 300-foot coastal redwood tree transports water and nutrients from deep in the ground, through its trunk, out and up its bark and leaves via its nutrient transport system. This incredible feat has inspired scientists to harness the energy of osmotic reactions to produce renewable energy.

In Tofte, Norway, a prototype power plant was created that uses osmotic processes to generate carbon-free electricity. For this power plant, energy is generated as a result of the concentration gradient in places where freshwater meets dense salt water, as it does along coastlines all over the world.

“We critically need more green energy in the world,” said Skilhagen, Statkraft’s Head of Osmotic Power. “Osmotic can be a valuable contributor. It’s a base load renewable energy. You can make electricity from the combination of fresh water and sea water.”

Statkraft’s plant pulls salt water and fresh water from nearby sources and places them into adjoining chambers separated with a thin, permeable membrane. The freshwater forces its way through to the salt water, creating pressure on the salt water side that turns an energy turbine.

One day osmotic power could generate 1700 TWh of electricity per year, which is about half of the European Union’s current consumption, Skilhagen believes.

To read how computers can simulate the brain, and the rest of the article, head over to HPMegatrends.com.



I want to hear your thoughts, too! Leave a comment below or join in on the Twitter conversation by using the hashtag
#MegatrendsbyHP and tweeting me at @AndrewBolwell.

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How Megatrends inform HP’s investment strategies

Strategic investments give HP an eye to the future

One of the primary goals for many corporate venture capital units is to help their company capture future opportunities early. Technology change is happening exponentially around us, and no single company can compete in the world today using just internally developed technology. The successful companies of today and tomorrow, by necessity, will need to embrace open innovation and partner closely with the start-up and venture communities to leverage the full breadth and depth of technology innovation that is taking place around us.

Investing in start-ups provides companies not only with foresight about the markets of tomorrow but optionality to enter those markets by partnering with or acquiring startups to bootstrap and accelerate market entry. Investing in start-ups has many benefits to companies like HP, both strategic and financial. It’s never a choice between the two, as a good investment will have strong strategic value and returns.

Successful investing means aligning a complex array of variables. Starting with understanding the financial viability of the investment and likelihood the start-up can achieve a successful exit (via acquisition) or IPO, and at a valuation that makes the investment worthwhile. Next, you need to look at the strategic impact to the company and if the investment aligns with the vision and strategic objectives of the company. Finally, you need to negotiate terms that make sense for both and the start-up, ensuring is strategically positioned as an investor and advisor, and providing the guidance and financial backing the start-up needs to succeed long-term.

So how does a company move through this process efficiently, always keeping strategic and financial objectives in mind?

To read the full article, visit HPMegatrends.com.

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