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Identifying the skills needed for the future
Developing a growth mindset
Creating a culture of continuous learning
4. Demonetized
Money is increasingly removed from the equation as the technology becomes cheaper, often to the point of being free. Software is less expensive to produce than hardware and copies are virtually free.
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3. Disruptive
The existing market for a product or service is disrupted by the new market the exponential technology creates because digital technologies out perform in effectiveness and costs.
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THE 6 Ds OF EXPONENTIAL ORGANIZATIONS
- Digitized
- Deceptive
- Disruptive
- Dematerialize
- Demonetize
- Democratize
Any technology that becomes Digitized enters a period of Deceptive growth. Such a rapid rise describes the third D, Disruptive
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6. Democratized
Once something is digitized, more people can have access to it. Powerful technologies are no longer only for governments, large organizations, or the wealthy.
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2. Deceptive
When something starts being digitized, its initial period of growth is deceptive. Doubling 0.01 gets 0.02, then 0.04 and so on. Exponential growth really takes off after it brakes the whole-number barrier. 2 quickly becomes 32,...
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1. Digitized
Anything that becomes digitized enters to exponential growth. Digital information is easy to access, share and distribute. It can spread at the speed o the internet.
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5. Dematerialized
Separates physical products are removed from the equation. Technologies that were once bulky or expensive are now all in a smartphone that fits in your pocket.
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CURATED FROM
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Other curated ideas on this topic:
Demonetization (or Dematerialization)
The term coined by futurist Peter Diamandis is a process by which technology is rendering previously expensive products or services much cheaper — or even free.
It's mainly happening because we are moving hardware products to software. For example, the phone today has about $1M of app...
Corporations and social norms
Money is very often the most expensive way to motivate people. Social norms are not only cheaper but often more effective as well.
If corporations started thinking in terms of social norms they would realize that these norms build loyalty and—more important—make people wan...
How automation will affect jobs
Low-skill jobs, where 70% of the responsibilities are predictable physical and cognitive tasks, are straightforward to automate, especially as automation technology becomes cheaper than paying a human to do the same job.
- Outside an office environment: The jobs that will be affec...
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