Wednesday, June 5, 2013

McKinsey--"Disruptive technologies: Advances that will transform life, business, and the global economy"

 Thanks to a reader.

Sure we poke fun at McKinsey ("Is McKinsey & Co. the Root of All Evil ?") but all-in-all and averaged over the whole firm, especially if you include support staff, they're smarter than I am.
From McKinsey & Co:
The relentless parade of new technologies is unfolding on many fronts. Almost every advance is billed as a breakthrough, and the list of “next big things” grows ever longer. Not every emerging technology will alter the business or social landscape—but some truly do have the potential to disrupt the status quo, alter the way people live and work, and rearrange value pools. It is therefore critical that business and policy leaders understand which technologies will matter to them and prepare accordingly.

Disruptive technologies: Advances that will transform life, business, and the global economy, a report from the McKinsey Global Institute, cuts through the noise and identifies 12 technologies that could drive truly massive economic transformations and disruptions in the coming years. The report also looks at exactly how these technologies could change our world, as well as their benefits and challenges, and offers guidelines to help leaders from businesses and other institutions respond.

We estimate that, together, applications of the 12 technologies discussed in the report could have a potential economic impact between $14 trillion and $33 trillion a year in 2025. This estimate is neither predictive nor comprehensive. It is based on an in-depth analysis of key potential applications and the value they could create in a number of ways, including the consumer surplus that arises from better products, lower prices, a cleaner environment, and better health....MUCH MORE including downloads and a podcast.
More on our Love/Hate with McKinsey:
Mckinsey-- $57 Trillion Infrastructure Investment Required by 2030 (and how to save a Trillion a year)
McKinsey--"Manufacturing the Future: The next Era of Global Growth and Innovation (DDD; SSYS)
Yves Smith Says Nice Things About McKinsey & Co. (they're in the business of propping up diseased managements)