Friday 18 October 2013

Disruptive dozen technologies for the future



To help cut through the hype that surrounds the arrival of almost all new technologies, the McKinsey Global Institute examined more than 100 rapidly evolving technologies and identified 12 that are almost certain to disturb the status quo in the coming years. The MGI estimates that the combined annual economic impact of this "disruptive dozen" – which span information technology, machinery and vehicles, energy, bioscience, and materials – will reach $14-33 trillion by 2025. Much of this value – in many cases, a significant majority – is likely to accrue to consumers.

Examples of the 12 disruptive technologies include:

Advanced robotics - that is, increasingly capable robots or robotic tools, with enhanced "senses," dexterity, and intelligence - can take on tasks once thought too delicate or uneconomical to automate. These technologies can also generate significant societal benefits, including robotic surgical systems that make procedures less invasive, as well as robotic prosthetics and "exoskeletons" that restore functions of amputees and the elderly.

Next-generation genomics marries the science used for imaging nucleotide base pairs (the units that make up DNA) with rapidly advancing computational and analytic capabilities. As our understanding of the genomic makeup of humans increases, so does the ability to manipulate genes and improve health diagnostics and treatments. Next-generation genomics will offer similar advances in our understanding of plants and animals, potentially creating opportunities to improve the performance of agriculture and to create high-value substances- for instance, ethanol and biodiesel- from ordinary organisms, such as E. coli bacteria.

Energy-storage devices or physical systems store energy for later use. These technologies, such as lithium-ion batteries and fuel cells, already power electric and hybrid vehicles, along with billions of portable consumer electronics. Over the coming decade, advancing energy-storage technology could make electric vehicles cost competitive, bring electricity to remote areas of developing countries, and improve the efficiency of the utility grid.

Source: McKinsey & C

Thursday 17 October 2013

RobecoSAM: Countries most likely to thrive in the future



A new report from investment advisors RobecoSAM does, and the results are quite different from the standard narrative. The report takes into account 17 factors, ultimately finding that Sweden is the most sustainable country on Earth--meaning it's best equipped for the future. And the least? That would be Nigeria, in 59th place, despite all that oil.

The factors include environmental (which accounts for 15% of scores, and includes things like renewable energy and emissions), social (25%; e.g. life expectancy, and level of worker unrest), and governance (60%; e.g. corruption and inequality). The aim: to provide a comprehensive picture of a "country's ability to safeguard the needs of its future generations."

Australia (which does better for governance than environmental factors), Switzerland, Denmark, Norway, and the U.K. come next. The U.S. is in ninth place, scoring solidly in most categories, though lower relatively on the environment.

Sweden scores well across most of the criteria, including "use of renewable energy sources and CO2 emissions," on factors like "labor participation, education, and income inequality," and governance. Above, you can see how it lines up against Russia, which comes in 55th, just above Indonesia, Venezuela, Egypt, and Nigeria. As you might expect, the biggest differences between those countries are in things like the quality of institutions and "political risk."


Source: Fast Company and RobecoSAM