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CRITICAL ANALYSIS OF GLOBAL DEVELOPMENTS, TRENDS & IDEAS

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Innovation

Beacons Over Mars

in Economics/Middle East/Politics/Technology/US by
Kizilgaha beacon tower

Lets begin with a question: How is trade created? At first an intellectual being defines a phenomenon and then that person (or maybe someone else who has somehow acquired that knowledge) generates an interest for it. Spontaneously that interest defines a need which ends up with an exchange. The difficulty of this process can vary; sometimes rocket science is required to define a phenomenon but sometimes it is as easy as lighting a beacon. For instance the Silk Road of the ancient world was not even a leveled sand road but rather several beacons lit by the locals to invite trade caravans. As a result goods, science and culture were transported to both ends of the known world, forming our past. It is of course a fact of history that trade has not only created immeasurable wealth but also caused devastating wars. Some countries boosted their intellectual capacity and flourished whereas some regions ended up covered by sand plagued by chronic instability. That’s why we read about geopolitics in our daily lives. History gave us a great example when colonialism overturned the existing Central Asian and Middle Eastern status-quo causing the wealth of European Empires’ to be revolutionary in every aspect at the expensive of…

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What is the Future of the Assembly Line?

in Business/Technology by

Production changed drastically during the last century and is continuing doing so without loosing any momentum. The most recognized technological shift occurred with Henry Ford’s use of the assembly line and progress has continued in a variety of fashions. One of these that is often overlooked is the use of robotization, an example being KUKA robots, which have reinvigorated factories over the past decades. Through this robotization and computerization more efficient solutions have been brought to the industry and now we are heading to another techno-climax. In this decade we will look for answers to the following questions: What will we consume and how how we will produce them? How will production tools change? Which raw and recycled materials will be used? Will production locations change? All those questions are bringing robots to the fore of the discussion. I have mentioned about the changes in means of the production promoting in-house production in my previous article “Decentralization of Production and Customization culture”. Also my cowritten academic paper with Eric Watson “Impact of Technological Trends: Scenario Planning the Next Technological Paradigm” aimed to project the possible scenarios. Though in this article I am going manipulate recent technological developments to create a better example in an effort to highlight…

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Chasing Innovation

in Business/Technology by

Urbanization has been the engine of modernization in Europe. For most citizens today, every event from birth to the grave including education, marriage, work and leisure, occur in cities. Cities are mirrors of cultures and regimes. McKinsey’s report entitled “Urban World: The Shifting Global Business Landscape” predicts the changes of the major cities in the next decade. According to the report, there are 8,000 companies that account for 90% of the total world GDP and third of those companies are located in 20 major cities that generate 40% of their revenue. McKinsey’s forecast shows that by 2025, there will be 15,000 companies to have headquarters in 330 cities, and 40% of these companies will be located in emerging economies. Additionally, according to UN’s estimations, between 2010 and 2050, over 40% of the world’s population will be living in cities. Other studies, such as the UN Habitat: State of the World’s Cities 2012/2013, present a prosperity framework which tries to achieve equitable distribution; where poverty is reduced, minorities have rights, genders have equal participation, energy is used efficiently and the quality of environment is increased. The UN also presents some facts regarding the rise in productivity with urbanization and they find two general categories…

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