Author

Topic: What will digitalization do to the future? (Read 501 times)

legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon
January 12, 2016, 05:59:09 PM
#7



Apploitation in a city of instaserfs
How the “sharing economy” has turned San Francisco into a dystopia for the working class










If you spend enough time in San Francisco, you’ll notice sharing economy workers everywhere. While you’re waiting to get some food, look for the most frantic person in the lineup and you can bet they’re working with an app. Some of them are colour-coded: workers in orange T-shirts are with Caviar, a food delivery app; those in green represent Instacart, an app for delivering groceries. The blue jackets riding Razor scooters are with Luxe—if you’re still driving yourself around this city, these app workers will park your car.

In the Bay Area, there are thousands of such people running through the aisles, fidgeting in line and racing against the clock. They spend most of their time in cars, where it can be harder to spot them. Oftentimes they’re double-parked in the bike lane, picking up a burrito from inside an adjacent restaurant or waiting for a passenger to come down from the apartment on top. If you look closely, you’ll see a placard in the window that says Uber or a glowing pink moustache indicating they drive around Lyft’s passengers. Last summer, I was one of them.

Oh, Canada! I’m writing you from Berkeley, California to warn you about this thing called “the sharing economy.” Since no one is really sharing anything, many of us prefer the term “the exploitation economy,” but due to its prevalence many in the Bay Area simply think of it as “the economy.” Whatever you want to call it, the basic idea is that customers can outsource all the work or chores they don’t want to do to somebody else in their area.

You can be chauffeured around the city while somebody picks up and launders your dirty underwear. You can have groceries delivered to your door and your bathroom given that deep clean that you don’t have time to do yourself. The best part is you can do it all on your phone! Sharing economy companies promise their customers all the luxuries of the rich and famous—and they can do that by taking advantage of the system and, in some cases, bending or simply avoiding labour laws.

I know this because I spent a month driving, shopping and in other ways serving the users of apps like Uber, Lyft, Postmates and Instacart. I recorded the whole thing for a podcast called Benjamen Walker’s Theory of Everything. Benjamen wanted to see what it was like to work for an app, but he didn’t want to do the work himself. In the spirit of the sharing economy, he convinced me to “partner” with him. There is so much ridiculous stuff I can’t get to in this short space that you should listen to my full adventures online at www.sharingeconomy.fail or by searching for “Instaserfs.”

I signed up for as many sharing economy jobs as I could, but they’re not really jobs. I was never an employee; I was a “partner,” or a “hero” or even a “ninja” depending on the app. Sharing economy companies are just middlemen, connecting independent contractors to customers. When I signed up to work with (not for) these apps, I was essentially starting my own ride-sharing/courier business.

As a freelance filmmaker, I knew the deal: being your own boss is a big responsibility. In the U.S., we independent contractors have to pay an additional self-employment tax and we have to find our own health insurance. We’re also not guaranteed a minimum wage. As sharing economy workers, we use our own cars, which means paying for our own gas and maintenance costs.  We are on our own.

We do still have a boss. It just isn’t a person. It’s an algorithm.


https://www.policyalternatives.ca/publications/monitor/apploitation-city-instaserfs?utm_content=buffer4dcc8&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer


------------------------------
Be sure to read the whole article.


sr. member
Activity: 658
Merit: 252
January 12, 2016, 12:25:00 PM
#6
https://agenda.weforum.org/2015/11/what-will-digitalization-do-to-the-future/

Quote
Digitalization is the cause of large-scale and sweeping transformations across multiple aspects of business, providing unparalleled opportunities for value creation and capture, as well as being a source of major risk.

Earlier this year, the executive Tom Goodwin captured the impact digitalization is having on business today in an article for TechCrunch:

Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate.

The veracity of the statement can be debated, as can the question of whether this is a new trend or rather an existing one adapting to different conditions. After all, had Goodwin been alive when Johannes Gutenberg introduced the printing press in the mid-fifteenth century, he may have pointed out that the largest publishers suddenly no longer employed authors (or to be precise, monks and clerical scribes). Technology has always shaped and changed industries, from the printing press to the first industrial revolution’s steam engines and cotton spinning looms – smashed by Luddites who feared for their livelihoods.

There is no doubt, however, that the complexity of these transformations, the impact they have cross-industry, and the pace at which they are occurring is truly unprecedented.

Business leaders across all sectors are grappling with the strategic implications of these transformations for their organizations and industry



ecosystems. Digital is changing entire industry value chains as it transforms the nature of business.

The rise of industry leading platforms, supported by the explosion in the breadth and depth of data available, accelerates and amplifies the impact that digital technologies are having. These shifts are disrupting business models for existing enterprises, forcing them to fundamentally reconsider their businesses, while giving rise to smaller, more nimble players who embrace the opportunities digitalization affords to challenge industry status quos.

To change at the pace of digital, players across the value chain will need to think about their structure, employee skills, hiring practices, and how they collect and analyze data to drive data-centric business models. They will need to consider their existing business relations and how to form new partnerships inside and outside the ecosystem. Finally, they must effectively engage and maintain trust with consumers and their rapidly shifting expectations.

Digitalization does not only raise serious questions about its economic impact, though, but also on the social and public implications it brings. Take the topic of employment and job displacement, for example. Rapid and continuous technology developments are transforming the skills required for most existing jobs, creating completely new types of roles, and also rendering obsolete entire sets of current job functions.

According to a US Department of Labor report, 65 percent of today’s school children will eventually be employed in jobs that have yet to be invented. This not only has significant implications on how these children have to be educated and trained. It also implies that the current workforce may have to question the longevity of their existing employment and how they can ensure they are earning a living in the mid-term, given the changing nature of the labor market and the jobs available.

We live in very exciting times. I truly believe that digitalization is one of the most fundamental periods of transformation we have ever witnessed. It provides a unique opportunity for global leaders to shape our future. At the same time, it also places a momentous responsibility on their shoulders to ensure these transformations will have a positive impact on business and society. The World Economic Forum is committed to helping leaders understand the implications of digitalization and help to shape better opportunities for our future.

This will be reflected in our discussions at the upcoming Annual Meeting in Davos-Klosters, themed ‘The Fourth Industrial Revolution’, where all stakeholders of society – governments, business, academia, and civil society – will convene to work together to better understand the trends that are emerging to jointly shape our future. It is also at the heart of our project work on Digital Transformation of Industries, which constitutes an ongoing initiative that serves as the focal point for new opportunities and themes arising from latest developments and trends from the digitalization of business and society.

To keep up with the Agenda subscribe to our weekly newsletter.

Author: Jim Snabe, Chairman, Center for Global Industries, Member of the Managing Board, World Economic Forum.


digitalization will drastically turn the world into another place. i mean if it continues happenning such a fast manner, there will be no need to any human resources.
newbie
Activity: 56
Merit: 0
November 21, 2015, 07:48:20 PM
#5
Hi

Digitalization will make the world much more connected. It will also mean more convenience and quicker service.

Bye
hero member
Activity: 675
Merit: 500
November 13, 2015, 07:07:59 PM
#4
Not to mention - most of the money exists only in the digital form.
Bitcoin just takes it further - fully in digital form.  Tongue
We are still waiting for that killer application (interface) which can take Bitcoin to the masses.
hero member
Activity: 798
Merit: 531
Crypto is King.
November 12, 2015, 04:56:07 PM
#3
Sharing the information (:
sr. member
Activity: 266
Merit: 250
November 12, 2015, 02:36:47 PM
#2
That's a great question!

Do you have an opinion? Or a specific question about digitalization? Or were you just posting this article to share with us?
hero member
Activity: 798
Merit: 531
Crypto is King.
November 12, 2015, 11:34:17 AM
#1
https://agenda.weforum.org/2015/11/what-will-digitalization-do-to-the-future/

Quote
Digitalization is the cause of large-scale and sweeping transformations across multiple aspects of business, providing unparalleled opportunities for value creation and capture, as well as being a source of major risk.

Earlier this year, the executive Tom Goodwin captured the impact digitalization is having on business today in an article for TechCrunch:

Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate.

The veracity of the statement can be debated, as can the question of whether this is a new trend or rather an existing one adapting to different conditions. After all, had Goodwin been alive when Johannes Gutenberg introduced the printing press in the mid-fifteenth century, he may have pointed out that the largest publishers suddenly no longer employed authors (or to be precise, monks and clerical scribes). Technology has always shaped and changed industries, from the printing press to the first industrial revolution’s steam engines and cotton spinning looms – smashed by Luddites who feared for their livelihoods.

There is no doubt, however, that the complexity of these transformations, the impact they have cross-industry, and the pace at which they are occurring is truly unprecedented.

Business leaders across all sectors are grappling with the strategic implications of these transformations for their organizations and industry ecosystems. Digital is changing entire industry value chains as it transforms the nature of business.

The rise of industry leading platforms, supported by the explosion in the breadth and depth of data available, accelerates and amplifies the impact that digital technologies are having. These shifts are disrupting business models for existing enterprises, forcing them to fundamentally reconsider their businesses, while giving rise to smaller, more nimble players who embrace the opportunities digitalization affords to challenge industry status quos.

To change at the pace of digital, players across the value chain will need to think about their structure, employee skills, hiring practices, and how they collect and analyze data to drive data-centric business models. They will need to consider their existing business relations and how to form new partnerships inside and outside the ecosystem. Finally, they must effectively engage and maintain trust with consumers and their rapidly shifting expectations.

Digitalization does not only raise serious questions about its economic impact, though, but also on the social and public implications it brings. Take the topic of employment and job displacement, for example. Rapid and continuous technology developments are transforming the skills required for most existing jobs, creating completely new types of roles, and also rendering obsolete entire sets of current job functions.

According to a US Department of Labor report, 65 percent of today’s school children will eventually be employed in jobs that have yet to be invented. This not only has significant implications on how these children have to be educated and trained. It also implies that the current workforce may have to question the longevity of their existing employment and how they can ensure they are earning a living in the mid-term, given the changing nature of the labor market and the jobs available.

We live in very exciting times. I truly believe that digitalization is one of the most fundamental periods of transformation we have ever witnessed. It provides a unique opportunity for global leaders to shape our future. At the same time, it also places a momentous responsibility on their shoulders to ensure these transformations will have a positive impact on business and society. The World Economic Forum is committed to helping leaders understand the implications of digitalization and help to shape better opportunities for our future.

This will be reflected in our discussions at the upcoming Annual Meeting in Davos-Klosters, themed ‘The Fourth Industrial Revolution’, where all stakeholders of society – governments, business, academia, and civil society – will convene to work together to better understand the trends that are emerging to jointly shape our future. It is also at the heart of our project work on Digital Transformation of Industries, which constitutes an ongoing initiative that serves as the focal point for new opportunities and themes arising from latest developments and trends from the digitalization of business and society.

To keep up with the Agenda subscribe to our weekly newsletter.

Author: Jim Snabe, Chairman, Center for Global Industries, Member of the Managing Board, World Economic Forum.
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