Tech on TapMarch 5, 2014

Perspectives on Disruptive TechnologiesThreat or Opportunity?

The first person to live to 300 is already alive.

- Dave Evans, Cisco

There are 7 billion mobile devices on Earth, nearly one for every person.

- Cisco Global Mobile Report 2013

The minimum economic scale of production required to be competitive will be 90% lower in a software-defined supply chain.

This implies that existing manufacturers could face a flood of new competitors that occupy small market niches.

- IBM Institute for Business Value report, 2013

As of February 2012, 30 percent of U.S. military aircraft are drones.

- Congressional Report Service

By 2025, more than 90% of news will be written by computers.

- Kris Hammond, Narrative Science

We are heading toward the transformation of humanity being a collection of 9 billion human brains working together toward a ‘meta-intelligence’

where you can know the thoughts, feelings, and knowledge of anyone.

- Peter Diamandis, X-Prize and Singularity University Founder

The future is already here — it's just not very evenly distributed.

- William Gibson, author

1837 Flatboats dominate logistics

Indiana begins building Wabash and Erie Canal

1849 Railroad reaches Evansville

1853Canal completed to Evansville

1870

Competition from railroads leads to collapse of the canal company.

General Assembly passed a resolution issuing an official apology to the state's creditors and the state and federal governments of the United States for the repudiation of large parts of their debt from the canal construction. The

result of the repudiation ruined Indiana's credit for nearly twenty years

2014Evansville canal terminus

1849 Railroads reach Evansville as rail begins its domination of logistics

Terre Haute & Evansville Railroadin its glory days

2014

Remains of TH&E Railroad re-purposed as the Four Freedoms Monument

1914

Horses were so vital to Indiana's logistics that, along with Ferry Boat Operators, Veterinarians were exempted from jury duty.

Burns' Annotated Indiana Statutes 1914 (repealed in 2006)

2014

Reitz Home Carriage House re-purposed as Museum

1903

Internal Combustion Automobile being built in Evansville

2014

Mercedes European S-Class

Stop & Go Pilot feature allows the car to drive itself in gridlock up to 6 mph, with the driver’s hands off the wheel.

2009

There were 5.5 million motor vehicle accidents in the US. Over 9.5 million vehicles have been involved in these accidents in which 33,808 people have lost their lives. In all about 2.2 million have been hurt and among these over 240,000 victims needed hospitalization. The country as a whole bore a cost of $450 billion

Worldwide over 1.27 million people die in car crashes each year

90% of Accidents are caused by Human Error

● Far Fewer Accidents● Wrecker Services● Repair Shops● Replacement Parts● Insurance Adjusters● Rental Cars● Ambulances / EMT's● Police● ER's● Inpatient Beds● Trauma Units / Surgeons● Funeral Services● Personal Injury Attorneys

● Much Smaller Vehicles● Less Fuel● Less Roadway● Less Parking● Less Materials

● Fewer Drivers● Valets● Taxi Drivers● Bus Drivers● Truck Drivers

201?Autonomous Vehicles

McKinsey Global Institute Analysis

The Effects of Disruptive Technologies

Pillars of Regional Economy = Targets for Disruption

LogisticsRetail

Images courtesy Shutterstock

Manufacturing

Healthcare Education

PR

IMA

RY

SEC

ON

DA

RY

Kaufmann Index of Entrepreneurial Activity, 2011

Regional Comparison of Entrepreneurship and Startups to Date

High-Tech Startup Density By Metro, 2010

The Great Lakes mega-region is exploring ways to grow its economy in the face of the shrinking role of the manufacturing sector.

The Great Lakes mega-region is exploring ways to grow its economy in the face of the shrinking role of the manufacturing sector.

Draw on regional expertise:manufacturing, materials, plastics

electronics, robotics, software

Physical Products and Materials

PIVOT:

An Innovation Ecosystem in Evansville is an emerging community effort

DIY/garage MakerSpace

Applied Engineering Center

AcceleratorCoworking SpaceHome/cafes

Startups

COLLABORATION