“Smart society” is a concept we use to describe a future where people will use technology to solve problems and support better living for everyone. It is not the same for everyone as it depends on the particular needs of each country.
For Germany is based on industrial automation, while in Japan is focused on the integration of the physical and digital space to support an aging society and unlock radical innovation in the Japanese industry. Singapore is one of the most advanced Smart countries and their vision of the future is “one where people are empowered by technology to lead meaningful and fulfilled lives”.
Why is tech innovation accelerating?
In the past five years, technology innovation has accelerated its pace. Thanks to enablers that produced a decrease in the cost of computing, smart components such as cameras and sensors, and better network, data processing, and storage tools that support collaborative work. This enabled new use cases that just two years ago, required the computing power and resources of a small University. Today, we are witnessing a progressive democratization of access to advanced technology and knowledge worldwide.
Changes in education and the social fabric have also generated a wave of entrepreneurship that leveraged new open platforms to evolve and iterate on new concepts and improve people’s lives. “There are really two things that have to occur in order for a new technology to be affordable to the mass market. One is you need economies of scale. The other is you need to iterate on the design. You need to go through a few versions.” – Elon Musk
The new trend of automation
Automation has always been part of our economies. The first revolution was powered by steam power, the second by electricity, the third by computers and the fourth by cyber-physical systems. Industry 4.0 is the current trend of automation. The name originates from an automation in manufacturing project by the German government launched in 2011. Since then, governments around the world have developed plans to support the advancement of their economies and the transformation of societies. […]