anthony miller - the second half of the chessboard: thriving in a time of exploding possibilities

Anthony Miller

The Second Half of the Chessboard

DEBUNKING THE MYTHS Speaker 11 of 17

Followed by

Jeff Fletcher

@antmiller1

The  Second  Half  of  the  Chessboard  Anthony  Miller  –  CEO,  Lightstone  

Specialised  Data  •  Analy<cs  •  Technology  @lightstone_sa  •  @antmiller1  

Time  To  Wake  Up!  

1st  Industrial  Revolu?on   1760s  –  1840s  

•  Transi<on  from  hand  to  machine  produc?on  •  Big  shiD  from  wood  to  coal  •  Introduc<on  of  steam  power  •  New  iron  and  tex?le  manufacturing  processes  

•  First  trans-­‐Atlan?c  steamship  service  

2nd  Industrial  Revolu?on   1840s  –  WW1  

•  Large-­‐scale  iron  and  steel  produc?on  •  Prolifera<on  of  railroad,  telegraph  and  (later)  telephone  networks  

• Widespread  use  of  machinery  in  manufacturing  

•  Inven<on  of  the  lightbulb  •  First  successful  aeroplane  flight  

Informa?on  Revolu?on  

Analog   Digital  

1920s  –  1950s  Analog  Revolu?on  

•  Television  goes  main-­‐stream  •  Fully  automated  telephone  switchboards  •  Con?nuous  produc?on  lines  •  Self-­‐controlled  machine  tools  displace  human  labour  

•  Computerised  control  using  punch  cards      •  Affordable  motor  cars  

1920s  –  1950s  

Digital  Revolu?on  

1950s  –  Today  

•  Home  PCs  and  video  games  (1970s)  •  Prolifera?on  of  PCs,  ATMs,  industrial  robots,  electronic  music  (1980s)  

•  Digital  mobile  phones,  digital  cameras,  the  Internet,  extensive  factory  automa?on  (1990s)      

• Mobile  phones  explode,  SAAS,  social  media,  smartphones,  ubiquitous  Internet  (2000s)  

The  Tipping  Point    

The  Upward  Spiral  

1  Digital  technology  has  improved  exponen<ally  since  incep<on  –  and  shows  no  sign  of  slacking  

2  Data  is  being  generated  at  a  mind-­‐blowing,  ever-­‐quickening  pace  –  and  we  are  just  star<ng  to  scratch  the  surface  of  its  economic  poten<al  

3  Ideas  and  innova?ons  tend  to  build  off  other  ideas  and  innova<ons  –  and  now  more  ideas  are  more  accessible  to  more  people        

Source:  The  Second  Machine  Age  by  Erik  Brynjolfsson  and  Andrew  McAfee;  other    

The  Power  of  Doubling  

Source:  The  Second  Machine  Age  by  Erik  Brynjolfsson  and  Andrew  McAfee;  other    

BeXer,    faster,    cheaper  

Device  prolifera?on  

“Big  Data  is  like  teenage  sex:  everyone  talks  about  it,  nobody  really    knows  how  to  do  it,  everyone  thinks  everyone  else  is  doing  it,  so  everyone  claims  they  are  doing  it…”    

                 –  Dan  Ariely  

Big  Data  

It’s  all  about  people  

Developing  world  too  

   Source:  Data  from  ITU  and  World  Bank  

Internet  of  everything  

Source:  Cisco  

Metcalfe’s  law  

Compounding  ideas  

Lots  More  Tapping  In  

Source:  Interna<onal  Telecommunica<ons  Union  

Internet  users  per  100  inhabitants  

And  Set  to  Explode  

Source:  Kleiner  Perkins  Caulfield  and  Byers:  Internet  Trends  2014  

So  what?  

Imagine  7  of  these...  

…  by  the  next  World  Cup  

And  Now?  

The  Fat  Cats?  

Andrew  Carnegie   John  D.  Rockefeller   Cornelius  Vanderbilt   King  Edward  VII    

Mark  Zuckerberg  Carlos  Slim  Steve  Jobs  Harry  Oppenheimer  

Cecil  John  Rhodes  

Bill  Gates  Warren  Buffek  

Porters  5  Forces?  

War  for  Talent?  

The  thing  about  smart  people  is  they  seem  like  crazy  people  to  dumb  people    

Breadcrumbs?  

Smart  Devices?  

Data  science?  

•  “I  keep  saying  that  the  sexy  job  in  the  next  10  years  will  be  sta<s<cians,  and  I’m  not  kidding.”    

 –  Hal  Varian,  Google  (2009)  

•  “Informa<on  is  the  oil  of  the  21st  century,  and  analy<cs  is  the  combus<on  engine.”    

 –  Peter  Sondergaard,  Gartner  Research  

Bringing  In  The  Crowd?  

1  The  world  is  changing  at  a  pace  that  none  of  us  can  comprehend  

2  What  was  previously  impossible  may  now  be  cri?cal  

3  We  must  think  laterally  and  quickly  to  keep  up  

4  Organisa?on  design  and  people  strategy  will  be  cri?cal  success  factors    

5  To  the  winners  will  go  massive  spoils  

In  summary  

Specialised  Data  •  Analy<cs  •  Technology  @lightstone_sa  •  @antmiller1