How can business models benefit from scientific and technological developments?
From biomimicry to AI and robotics, the fields of science, technology and business are increasingly interconnected. Convergence examines emerging business models, such as open innovation, alongside emerging disciplines, such as nanotechnology. With rapidly advancing technology across disciplines comes both new solutions and new problems. How can our business models benefit from this blended approach, and what are the potential pitfalls we should keep aware of?
The business world has embraced the idea that the intellectual capital outside their companies is greater than that in their own R&D labs. The companies managing to harness the motivated external collective are experiencing huge returns in the research and development of new products and services. At the same time, robots are extending the physical augmentation of ourselves through out-of-body systems such as online micro instances of AI. Drivers of Change: Convergence examines emerging trends shaping the future of science, technology and business.