The rise of robo-advisers, 3D printed pharmaceuticals and the coherence economy— This Week’s 10 Reads from a Chief Innovation Officer

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I read over 100 articles this week so you don’t have to — Here are the top 10 you should read over the weekend and why they matter for the public sector. Let’s dive in to this week’s reads —

The Articles —

Out of over 100 articles, here are the top 10 that stood out this week:

🤖 Robo-Advisers Are Coming to Consulting and Corporate Strategy http://bit.ly/2DjiZBn

🚘 Lyft says nearly 250K of its passengers ditched a personal car in 2017 http://tcrn.ch/2mRKyax

✅ How Fast Is AI Progressing? Stanford’s New Report Card for Artificial Intelligence http://bit.ly/2DUdHKi

🤯 Some of the World’s Largest Employers No Longer Sell Things, They Rent Workers http://on.wsj.com/2D8eHJW

💊 You could soon be manufacturing your own drugs — thanks to 3D printing http://bit.ly/2DP4T8w

💼 AI Plus Human Intelligence Is The Future Of Work http://bit.ly/2CWMzJi

🚨 Drone comes to the rescue of two swimmers in Australia http://tcrn.ch/2DMnQZO

📈 Welcome to the Coherence Economy http://bit.ly/2mXmMKD

💡 Will Edge Computing Change How Government Operates? http://bit.ly/2DDn8xL

📊 Deloitte Insights: Tech Trends — http://bit.ly/2DklnV7 [PDF]

The Bottom Line —

Just in case you don’t have time to read each article, here are the key takeaways and why each one matters for government:

🤖 Robo-Advisers Are Coming to Consulting and Corporate Strategy http://bit.ly/2DjiZBn

🏛 Why it Matters for Government: We live in a software-defined world, one where software has replaced and augmented numerous layers of organizations across every industry — and strategy and consulting is the next stop. The abundance of big data and rise of artificial intelligence has enabled us to witness the rise of software-defined roles, such as the first algorithm appointed to a board position, and government could likely be the next destination for these roles to find a home. In the not-to-distant future, your internal auditors will be software, your CFO will consult software advisors, and your governance process will involve a software-based role at some point in the process.

🚘 Lyft says nearly 250K of its passengers ditched a personal car in 2017 http://tcrn.ch/2mRKyax

🏛 Why it Matters for Government: The rise of ridesharing and other sharing economy business models have disrupted the traditional models of ownership — moving us from a model of ownership to one focused on paying for accessing assets. Lyft’s report of 250,000 riders who ditched their personal vehicles in 2017 is a clear indicator that this trend is exponentially increasing. For government, this means that we need to rapidly explore new regulatory and tax models to adjust for a shift in how we access assets going forward.

✅ How Fast Is AI Progressing? Stanford’s New Report Card for Artificial Intelligence http://bit.ly/2DUdHKi

🏛 Why it Matters for Government: It seems every day the web is flooded with new articles about artificial intelligence impacting XYZ, each with its own positive or negative spin on the net result. In the process of sifting through all of these perspectives about AI, we can lose sight of where the development of AI actually is. Thanks to Stanford University, there’s now a new report card that benchmarks AI’s progress — to provide a reality check of multiple lenses of its development. For government agencies, this is a great way to keep up with the development of AI as you explore use-cases in your own organizations. I also encourage you to check out the GSA’s Emerging Citizen Technology Asset as another resource to track use-cases and current uses of these new emerging technologies.

🤯 Some of the World’s Largest Employers No Longer Sell Things, They Rent Workers http://on.wsj.com/2D8eHJW

🏛 Why it Matters for Government: We’ve seen a massive shift in the model of how work is completed in organizations — one shifting from full-time workers to the more agile, freelancers — also validated in one of the reads from last week. This article explores that the largest employers today are no longer traditional brick and mortar stores, but now human capital firms that pool and sell specialized labor. For government agencies, it’s important to remember that it will increasingly become more difficult to hire (full-time) all of the specialized talents that you need — so tapping into these new models of labor procurement will provide a helpful opportunity to bridge talent gaps. Agencies that leverage these new models will undeniably face challenges with existing labor regulations, unions, and benefit structures — but this is expected and part of every major disruptive change to organizational models.

💊 You could soon be manufacturing your own drugs — thanks to 3D printing http://bit.ly/2DP4T8w

🏛 Why it Matters for Government: This was an interesting read about the evolution of 3D printing into a new area that government touches — pharmaceuticals. We’ve seen 3D printed homes, but as with all exponential technologies, it’s rapidly evolving into new use-cases that challenge existing regulatory structures and delivery mechanisms. For this specific case, the great news is that the government (FDA) has proactively begun to explore these implications. For government agencies interested in proactively doing the same, you can read my thoughts in a new planning framework called Exponential Planning.

Read the full article on Medium