Tag Archives: FAIR

Digital Transformation Final Summary

The world will look nothing like it did in the past, we are undergoing a period of digital transformation. The American Dream is no longer what it used to be; Capitalism is shrinking, and technology is taking the jobs of the working-class. Americans are having trouble finding their place in society because technology has taken the role of human physical presence. The past American Dream offered a pre-determined agenda that was simple to complete, founded on simple jobs like “factory worker”, “waitress” or “cashier”, but now these ‘stable’ positions are all disappearing. Navigating the former route of the American Dream is not an option because it is no longer so set in stone. Life proves to be unpredictable, and same with the direction of the American Dream. New jobs are emerging on the web, and we must adapt to this digital transformation, even if it means adjusting our American Dream. We can no longer settle for one job, rather settle when the jobs are done.

We must cope with the fact that there is almost no room to climb up the capitalist ladder anymore. We must work with the ones at the top in order to expand our overall potential for success. Platform companies control most of the IoT and technologies that come with it. They offer many opportunities for businesses to grow: Shopify, Amazon, and Facebook offer many services to help customers and sellers engage in business, Ziosk offers an easy-to-use food ordering service for dine-in customers at Applebee’s and other restaurants, and Microsoft Office changed the way we create and submit reports. Neglecting these innovations will leave you behind, there is much success to be gained by properly utilizing these technologies.

We must not learn a specific set of skills, rather a much broader set of technology skills that cover multiple fields. Being F.A.I.R. will help people transition into their new skills. F.A.I.R. people will always be innovating new products/services, so no longer can we restrict our skills, we must anticipate and adapt to change.

Achieving the American Dream is still possible, but it requires a new route to success. We must expand our knowledge in different fields rather than one to adapt to the never ending changes we will face. We cannot have a narrow focus to our next step in life when the future requirements to our jobs require us to think more broadly. Being able to adapt to change, “learn, unlearn, and relearn”, will help us reach the next chapter in our lives.

Link to our group presentation!

 

The Future of Digital Transformation

Over the past two months, I have researched the disruptive impacts of digital transformation and how they affect our society and the future. To me, I think the most important hypothesis that I discovered throughout my research is that most businesses and jobs that exist today are doomed in the future. Technology companies, specifically Amazon, Apple, Facebook, Google, and Microsoft, have become necessities to our daily lives and while in the process of becoming so important to us, other businesses have fallen off the radar.

There is really only one reason why this is happening and that is digital transformation. Really, only a few companies are leading in digital transformation and other than those leaders, other companies are only transforming in reaction to others transforming. Typical scenarios include technology companies creating software and platforms for other companies to use (Amazon Web Services, Facebook Pages, Square).

(For example, many restaurants in South Orange utilize online ordering, but back where I am from, that transformation has yet to be made. I assume in South Orange, once one small business took on the challenge, many others were forced to compete. The level of competition has not yet increased where I live, so for now, many businesses still use the phone to take orders until one business discovers the trend).

There is a lack of awareness when it comes to this issue, which may be a reason why there has not been more and/or faster transformation. However, digital transformation is not easy, which may be why it has taken companies awhile to get the ball rolling on this pressing issue. MITSloan lists three critical elements to digital transformation, including, transforming customer experiences, operational processes, and business models. In short, it looks like a complete business remodel, which most executives do not wish to undergo due to time and risk.

On the other hand, if companies do not wish to digitally transform, they will risk their own success. If companies wish to be successful, making processes more efficient is the answer, even if that means making harder decisions along the way. As result of these technologies, lots of business operations will become autonomous, and jobs will be lost along the way. Digital transformation not only affects companies, but their workers, since much of the new technology will overtake human tasks. Companies are being forced to choose between technology and human, and the better choice is clearly technology.

In the end, digital transformation will force us to choose between ourselves and the potential of technology, and it is likely that technology will be chosen. So what does that mean for the rest of us not running the few companies that dominate our everyday lives? If people want to survive in a digitally transformed world, people must not only learn new technologies, but more specifically how to be F.A.I.R. Being able to be F.A.I.R. maximizes the potential of becoming successful because in the world we enter, it is not all about being skillful, rather being able to change directions at a moments notice. Moving into the future, the only way to survive digital transformation is by embracing it in whatever way possible.

What I Have Learned about Virtual Reality

Along with the rest of the Virtual Reality team, I too made my own video explaining some of the most important things that I learned from the investigations my group and I have done on VR and AR. Extending beyond some of the basic information about virtual reality that you can read on Wikipedia, I hope this video will make you think about the ways that we use these technologies in our everyday lives. Hope you like it and please feel free to leave a comment below with any questions or criticisms.