Lifeboat Foundation

When one thinks of Mark Twain, one thinks of folksy wit, Huckleberry Finn, Tom Sawyer and the Mississippi River. Twain’s work immortalized the rapidly changing United States of the 1800s. But in his personal life, Twain often preferred the future to nostalgia, supporting women’s suffrage and civil rights, and frequently being contemptuous of what he considered to be the absurd and corrupt values of the past. He harbored a long running fascination with technology and new gadgets, and frequently invested in the latter — albeit with spotty success, at best. But Twain cemented his becoming an honorary futurist via his long friendship with inventor and Mad-scientist archetype Nikola Tesla.

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For millennials and the generations to follow, the future will differ radically from their parents’ world. Massively powerful digital technologies will bring seismic changes in the lifestyles, opportunities, privileges and choices experienced by young people compared to their parents.

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How will our relationship to technology evolve in the future? Will we regard it as something apart from ourselves, part of ourselves, or as a new area of evolution? In this new video from the Galactic Public Archives, Futurist Gray Scott explains that we are a part of a technological cosmos. Do you agree with Scott that technology is built into the universe, waiting to be discovered?

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In Unexpected Futurist, we profile the lesser known futurist side of influential individuals. This episode’s unexpected time-traveler: Benjamin Franklin. Ben Franklin was an inventor, observer, electricity pioneer, and serial experimenter, so it’s not entirely surprising he looked to the future. But it turns out he was looking to the far, far future. In 1780 he wrote a letter to a friend in which he lamented that he was born during the dawn of science.

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How will our relationship to technology evolve in the future? Will we regard it as something apart from ourselves, part of ourselves, or as a new area of evolution? In this new video from the Galactic Public Archives, Futurist Gray Scott explains that we are a part of a technological cosmos. Do you agree with Scott that technology is built into the universe, waiting to be discovered?

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A Future Scenario by Shubham Sawant

Las Vegas: February 10, 2027

I woke up with the pleasing sound of alarm followed by a sweet voice came, “Good morning. It’s 7:00 am. You have reached at MGM, Las Vegas.” I was sound asleep for the last 8 hours in my car while it was driving me from San Francisco to Las Vegas. I got out with my luggage and the car zoomed away to pick-up another passenger. Everything has changed in the last 10 years. It is like a dream come true scenario for motorist. The roads are super clean with no honking, no speeding tickets, no angry words or smoke. Every vehicle on the road is communicating with every other vehicle and the traffic is always moving in complete synchronization.
The biggest change happed in last few years is people stopped buying cars. Big companies established their network of taxi services. With the push of a button on cell phone the car arrives wherever you are. The technology is so advanced that the car nearest to you finds your request. You enter the destination and the algorithm works to find the fastest most economical path to your destination and you are on your way.
Most of the parking spaces are gone under restructuring. People have converted their parking garages into recreational rooms or extra bedrooms or what not. The entire look and feel of cities has gone under transformation. The accident rates are almost negligible and car insurance industry is almost brink of extinction. Similarly oil industry stocks are at the bottom and renewable energy is booming. The science fiction has become reality.

Shubham Sawant is a Junior at the University of Houston as a Mechanical Engineering Technology Major. This scenario was part of a project he completed for the course TECH 1313-Impact of Modern Technology on Society.

Shubham says: “I have been very fascinated with the future and how it will be like. Every year, new and new people come up with amazing ideas and products that help us further think about how the future will be. I love to read and I almost always try to read anything that relates to the future. Since I was 4, I have grown to love automotive culture. You will see me talking about cars in a conversation. I love sports like soccer, swimming and cycling. I plan to work in the automotive industry and hopefully get a career to design and manufacture automobiles!”

The study of consciousness and what makes us individuals is a topic filled with complexities. From a neuroscience perspective, consciousness is derived from a self-model as a unitary structure that shapes our perceptions, decisions and feelings. There is a tendency to jump to the conclusion with this model that mankind is being defined as self-absorbed and only being in it for ourselves in this life. Although that may be partially true, this definition of consciousness doesn’t necessarily address the role of morals and how that is shaped into our being. In the latest addition to The Galactic Public Archives, Dr. Ken Hayworth tackles the philosophical impact that technologies have on our lives.

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Exponential Fever. The business world is currently gripped by exponential fever. The concept came to prominence with Moore’s law — the doubling every 18–24 months of the amount of computer power available for $1,000. The phenomenon has since been replicated in many fields of science and technology. We now see the speed, functionality and performance of a range of technologies growing at an exponential rate – encompassing everything from data storage capacity and video download speed to the time taken to map a genome and the cost of producing a laboratory grown hamburger.

New Pretenders. A wave of new economy businesses has now brought exponential thinking to bear in transforming assumptions about how an industry works. For example, AirBnB handles roughly 90 times more bedroom listings per employee than the average hotel group, while Tangerine Bank can service seven times more customers than a typical competitor. In automotive, by adopting 3D printing, Local Motors can develop a new car model 1,000 times cheaper than traditional manufacturers, with each car coming ‘off the line’ 5 to 22 times faster. In response, businesses in literally every sector are pursuing exponential improvement in everything from new product development and order fulfillment through to professional productivity and the rate of revenue growth.

Stepping Up. For law firms, the transformation of other sectors and their accompanying legal frameworks creates a massive growth opportunity, coupled with the potential to bring similar approach to rethinking the way law firms operate. While some might be hesitant about applying these disruptive technologies internally, there is a clear opportunity to be captured from helping clients respond to these developments and from the creation of the industries of the future. To help bring to life the possibilities within legal, we highlight seven scenarios that illustrate how exponential change could transform law firms over the next 5 to 10 years.

Rise of the ‘Exponential Circle’. Our continuing programme of research on the future of law firms suggests that we will see exponential growth for those firms who can both master the legal implications of these technologies for their clients and become adept at their application within the firm. By 2025, we could indeed have witnessed the emergence of an Exponential Circle of law firms who have reached ‘escape velocity’ and left the rest behind.

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Technological innovation is happening ever more rapidly and the changes will transform every industry. Small and Medium Sized Enterprises (SMEs) can benefit from these innovative technologies but must strike a balance between using technology and being overwhelmed by it.

To help business owners embrace the potential of new technologies we asked Rohit Talwar, editor of ‘The Future of Business’ and ‘Technology vs. Humanity,’ to provide some practical advice on how to survive, and thrive, in the face of this continuous tidal wave of technological change.

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