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The newsletter for innovators and entrepreneurs
Welcome to the latest edition of Innovation Notes! Enjoy, and have a great weekend.
Looking for Innovators
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Trends, Insights, and Concepts
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Politicians cannot bring back old-fashioned factory jobs | The Economist
As that suggests, though, the potential for new jobs in manufacturing is not quite the boon politicians would like. Advanced manufacturing provides very good jobs (see chart 2) but they are the jobs of the future, not the past; they need skill and adaptability. They will change a lot over the lifetimes of those who hold them, and they will never provide anything quite like the mass employment of the past.
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The Robot Rampage – Bloomberg Gadfly
It took 50 years for the world to install the first million industrial robots. The next million will take only eight, according to Macquarie. Importantly, much of the recent growth happened outside the U.S., in particular in China, which has an aging population and where wages have risen.
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Popular from the Last Newsletter
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Should your company hire a Chief Artificial Intelligence Officer?
Experts (in A.I.) are recommending that companies need to hire executives at the highest level of their companies within their skill set. While I think that A.I. is a very important tool set for the future of humanity and business. I’ve seen similar comments in the past whenever something is a hot area of business. I see some value in a Chief Innovation Officer for many companies, which is a very cross functional and people (i.e. management) related activity. But, I don’t think we need to create a Chief A.I. Officer – just like we survived just fine without a Chief Database Officer. (Another technology that has been cross-functional and pervasive).
But, I do recommend that large companies create a dedicated Data Science group that is cross functional and looks for and launches data-driven opportunities for the business. I could see this group rolling up under corporate Innovation or reporting directly to the CEO. Note – this isn’t an I.T. support group, this is a strategic group for driving strategy and launching new products.
The reason is that data is the new oil and how a company maps out and manages its opportunities in this area will become a giant strategic advantage (or disadvantage). This business planning involving data assets includes A.I. as an important sub-category. |
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What this newsletter is about
This is a newsletter that follows news that entrepreneurs, innovators, and investors should track if they want to explore new opportunities. I look for interesting trends, insights, and concepts across in the broad categories of: social, technological, economic, and political (STEP). Combinations of which could create interesting future opportunity spaces for innovators. We also explore things to think about if you lead innovation efforts.
How often is this newsletter sent?
You will receive an email a few times a month.
Disclaimer
My newsletters are my own and don’t reflect any company I work for, advise, invest in, or own.
About me
I’m the Co-Founder/ VP of Product & Business Development of Talla, a ChatOps platform for business focused on HR and other internal teams. My background is in technology, entrepreneurship, and innovation, where I’ve worked on the future of the Internet of Things, e-commerce, big data, collaborative commerce, and cleantech. Additionally, I’ve been involved in business opportunity research concerning autonomous vehicles, drone, and 3D printing. I live in Silicon Valley and spend about 20% of my time in the Boston area.
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Will Murphy · 3790 El Camino Real # 1022 · Palo Alto 94306 · United States of America
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