[Please open the attached .pdf for best viewing.]
Scott Foster will then go into depth [on] the Japanese perspective. "The election of Donald Trump sparked panic and dismay throughout East Asia as people contemplated a throwback to the angry, protectionist and demanding America of the 1970s and 1980," stated Scott Foster. "Relief has followed with Prime Minster Abe's successful meetings with Trump, the visits of secretaries Mattis and Tillerson to Japan and South Korea, and - ironically - North Korea's ballistic missile tests, which have taken the spotlight off trade. However, the issue of persistent Asian surpluses and the loss of American jobs will be back, most likely with a vengeance. Meanwhile, for COFES attendees, perhaps the most important developments are Industry 4.0 and the eclipse of low-wage manufacturing, which are already transforming East Asia," said Foster.
The two most important (and overused) words in Silicon Valley are "innovation" and "disruption." In the next two issues of the SNS Global Report, we're going to explore the forces behind them. In this week's discussion, we'll go deeper on the return on investment for invention, based not on total ROI, but on how quickly those revenues are realized. And in our next GR, we'll pull out the frauds and tricks behind the innovation economy and the darker side of profitless disruptions.
When we look at the major successes in technology over the last few decades, it turns out that there is a new way of examining them: speed. Most of us know the wisdom that it takes 20 to 30 years for a new technology paradigm to become an overnight success. The Internet, for example, comes to mind.
And yet there are other tech successes that, by building on existing trends, platforms, standards, and other "helpers," gain acceptance and provide returns very quickly. What separates these two categories of slow versus fast returns? I've grouped them into two major categories: Enablers and Vectors.
What are they?...