Capitalism is dead ? #innovation

maker-labA recent article in New Scientist described how underfunded Libraries in the US, which have been particularly badly hit since the Great Recession are starting to set aside space for small workshops called ‘Maker Labs’
These spaces contain 3D printers & other tools & equipment enabling budding entrepreneurs to design & build their own innovative products.

I’m not sure if a similar trend is apparent in the UK but it is certainly true the recession has spawned a large increase in self employment & this is not just peoples desperation but rather a desire for independence & self determination.

Capitalism may not be dying but it feels like we’re entering an exciting new phase of individual entrepreneurship & small collective innovation – who knows where it will lead?
Chris@amberhill.biz
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Rage against the machine…………………………#AI #Innovation

AIThere is much speculation in the sphere of Artificial Intelligence as to when we will arrive at a point in time when machines develop ‘intelligence’ which is beyond that of a human being. This event is often referred to as ‘The Singularity’ as it is difficult to see how human society will evolve after this point as Machine intelligence surpasses our own then grows exponentially..
 
These ideas are explored by Ray Kurzweil in his 2005 book ‘The Singularity is Near’ which discusses the impact of this collossal technological advance & its impact on individuals & society.
 
Of course there are many examples of the use of robots in industry, including the automotive industry where they are ’employed’ where precision & repeatability is essential. In contrast there are plenty assembly lines still employing thousands of human beings because they are more flexible & cost a lot less.
 
There are also may examples in society where A.I is ‘helping’ us including Apples ‘Siri’ which executes voice commands & learns our speech. Sometimes it is easy to forget the iPhone has only been around since 2007  such is the speed of technological innovation.
 
Of course Intelligence is no guarantee of a better society. There are millions of human geniuses now but we still suffer from war, mass starvation, wealth disparity, poverty & numerous other adverse conditions which are a result of the way we organize society rather than the intelligence of the population. Intelligence does not equal wisdom.
 
Predictions vary as to the date of the ‘Singularity’ but general consensus puts it around 2040. If you live that long you may live forever, alternatively you may live to regret it.
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Are you a headless chicken?………………….#innovation

You must be doing something really important eh ? running around like a headless chicken all day putting those fires out. You haven’t got time to headless-chickenthink about future products because your far too busy fixing the current ones!
But hang on a minute……if your not focusing on those future products where is your future revenue coming from when all the old ones become obsolete?

How do you escape this vicious circle ?

  • Keep a timesheet to find out how much time you spend fire fighting & how much on future products.
  • You will probably find it’s 80/20
  • To turn this around you need to gradually increase the time you spend on future product development  to 80%
  • Resist the urge to persist in fire fighting.
  • As time progresses the time you spend on fire fighting will decrease because you have put more effort into your future product development, getting it right first time and minimising the need for fire fighting.

so, are you a headless chicken ?
chris@projectsguru.co.uk

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Why #innovation will fail in China

chinese-workersThe Chinese Government is pouring millions of yen into R&D in an effort to stimulate innovation in industry to stimulate growth in it’s internal markets.

This effort is aimed at increasing added value and moving China away from being the assembly shop of the world – and it’s doomed to fail miserably unless it is accompanied by sweeping political reform which, in itself, is extremely unlikely.

In order for innovation to thrive it is necessary to have a culture which allows open debate, which allows the challenge of pre-existing dogma & beliefs. It encourages the active participation of workers at all levels of the organization from the cleaner to the CEO. Innovation requires an open culture which values individualism.

All of this is impossible in a system which is strictly hierarchical, which jails political dissidents & artists & where the Party has the ultimate say in everything. Innovation is impossible in a culture of fear.

Unless the Chinese State Communist Party embraces democracy & undergoes serious reform any efforts to stimulate Innovation will fail miserably.
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3D print your own brain………………………… #innovation

Scientist’s in California are developing a fantastic new process utilizing revolutionary 3D printing techniques & laboratory grown brain matter.

Dr F Stein describes the process:-

” Human brain matter can be grown quite successfully in the laboratory from stem cells. This process can be accelerated using standard pressure cooking techniques which enables us to grow 1kg of pure brain matter in less than a week. This material is then fed into a 3D printer cartridge. A 3D Cat Scan image of the donors brain is then fed into the 3D printer program & an exact duplicate is then ‘printed’ layer by layer.”

“The next step of the process is to store the donors brain which may then be transplanted into her body at a later date; perhaps at the onset of any sign of brain disease”

This incredible innovation ranks alongside other 3D printing firsts like printing your own house, your own robot or your car.

Even Nokia have got in on the act by releasing templates so you can print your own phone cover.

It’s almost a license to print money – now there’s an idea !
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Our New Year hopes for 2013

2012 has been a pretty miserable year with freakish weather on both sides of the Atlantic, in the U.K  the highest rainfall since records began saw people washed out of house and home and businesses ruined. In the USA Hurricane Sandy battered the East Coast and several lives were lost, homes ruined & businesses destroyed.

Scandal followed scandal in the world of banking, PPI miss-selling, Libor fixing, Rogue traders etc etc

As austerity measures bite, wages decline & the economy bumps along the bottom like a flat baloon.

OK, so that was 2012, what do we want from 2013:-

  • Less emphasis on GDP and more on sustainability. The current system based on mass consumption, Consumerism & unsustainable growth fed by mountains of debt is bust ! We need to replace it with a more responsible, ecologically sound system based on managing the worlds scarce resources more effectively and equitably.
  • We need to take environmental change seriously. Whether there is a direct link between recent extreme weather & man made global warming is up for debate but there is irrefutable Scientific evidence that carbon dioxide emissions are having a direct impact on average global temperature. The long term consequences could be cataclysmic.
  • More People Power – the disaffection with the banks has led to huge defection to “community” banks like the Co-operative bank. Long may this continue. We are the mass consumers and we can have a massive impact by promoting ethical business practice & behavior.
  • Reduce our thirst for Oil – despite most of the Western world being in  recession (or near) the price of Oil remains stubbornly around $100 a barrel. There are a number of factors at work here but there is little doubt we have reached “peak oil” where future supplies will gradually decline and the price rise. We need to break the cycle by urgently seeking alternative energy sources AND reducing consumption. The Automotive industry has made great strides in recent years but nowhere near enough. Much more Innovation is needed in this area.
  • A flatter playing field – whilst workers real wages & salaries have reduced year after year the income of Senior Management & Board members has continued to rise. The gap between rich & poor gets larger every year. This defies rational thought. It is up to us to change things by greater political action, workers representatives on company boards, greater shareholder influence on remuneration committees etc etc. There is NOTHING inevitable about allowing this obscene poverty gap to continue increasing.

So there are some of our wishes for 2013. Whether they come true is up to me and you. All the best.
chris@projectsguru.co.uk

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Your #business cannot compete on cost alone…

According to new research published today by Allianz Insurance, some 83% of UK managers rank Innovation as the key to their organization performing strongly.

However, despite the fact most leaders are fully aware of the benefits of innovation, the ongoing challenging economic environment has caused many to opt out of such projects in recent months.

For instance, 23% of the 500 respondents noted that the economic slump has pushed innovation further down their list of business priorities, with issues such as a lack of funding and a focus on profits being the main reasons behind this fact.

This approach is not only wrong it is patently short sighted. Innovating value added products or services is the only way to ensure long term survival never-mind success. Long-term it is not possible for organizations to compete purely on cost. Globalization ensures that whenever you compete purely on cost, someone, somewhere will be able to undermine your cost base and do it cheaper. The only way to compete successfully, particularly in the West, is to produce differentiated products with high added value, which cannot be easily reproduced elsewhere where labor costs are significantly cheaper.

This requires investment in R & D, training and advanced manufacturing techniques.

Innovation is essential to long term survival.
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#Innovation adds value and creates jobs……

Fantastic news today regarding the development of a National Automotive Innovation Campus at the University of Warwick.

Funded jointly by the Government’s U.K Research Investment fund, Tata Motors & Jaguar Land Rover, the centre will cost 92 million pounds.

David Willetts, Minister for Universities and Science, said: “The UK has world-class companies and great universities. This new investment will get them working together to deliver innovation and growth.”

“The automotive industry in the UK has seen a recent resurgence, but for the UK to remain internationally competitive we must create urgently a critical mass in research excellence,” said WMG chairman and founder Professor Lord Bhattacharyya. “Our vision is to create the National Automotive Innovation Campus where we link people, research and world-leading infrastructure to create and develop novel technologies.

“NAIC will be an ‘engine’ for economic growth, with wide economic benefit, and sustained growth from the creation of world-leading technologies. It will enable academic and industry teams to work together in state of the art buildings, with tailored equipment and digital solutions to create and integrate breakthrough technologies with a whole system approach crossing multiple disciplines.”

This is exactly the type of investment British Science & Engineering has been crying out for & is a terrific example of how collaboration between successful organizations and Government can work together to increase innovation & deliver high value added products along with well paid jobs.

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Invasion of the Robot cars….#auto #innovation

Last week saw a little reported milestone in Automotive history when Californian Governor Jerry Brown signed through legislation to allow fully automated vehicles  on California’s roads.

This took place at Google’s ‘Mountainview’ headquarters where the team have been working on a car which utilizes Google’s ‘Street View’ mapping technology, a number of sensors & some clever software to enable the car to navigate without human intervention. The company has already done over 300,000 miles testing with zero collisions so far.

So why is all of this so important ??   As Highways get increasingly congested it has long been a dream to enable convoys of vehicles to travel nose to tail in close proximity in separate lanes, breaking off as necessary, to reach local destinations.

Robot cars may smack of Sci-Fi but this development could herald a massive social change and a glimpse of the future.

chris@projectsguru.co.uk

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British #Engineering Excellence….

At today’s Paris Motor Show British Automotive manufacturer Jaguar Land Rover revealed 2 fantastic new vehicles. The new aluminium bodied Range Rover and the fabulous new F-type sports car, Jaguars first for over 30 years reviving memories of the iconic 60’s classic the E-type. These vehicles illustrate the very best of British Design and Manufacture. The Quality standards and attention to detail in Design, Product Development and Manufacturing are second to none.

Jaguar Land Rover goes from strength to strength with annual sales over 50% up on the previous year, and all this in the depths of a recession.

This proves that excellence in design, product development, engineering & manufacturing can create tremendous commercial success & generate thousands of high value jobs.

Take a look at the unveil by following this link:-

http://microsites.jaguar.com/LVS/Paris2012/gl/en/

chris@projectsguru.co.uk