All posts filed under: Technology

State of the Metaverse… metawhat???

Published by Gert Christen

Remember when there was a lot of buzz about the metaverse? But ask a random person on the street today what it all means, and you’ll get dozens of different answers. There is definitely less buzz around the “metawhat???” Mark Zuckerberg promised us a network of virtual worlds that are interconnected and that would allow us to interact with each other and with digital objects in a seamless and immersive manner. This would leverage virtual reality, and augmented reality, and would revolutionize industries. Or would it? Companies like Meta (or the artist formerly known as Facebook) have seemingly gone all in on the metaverse, but it seems like their biggest use case thus far has been virtual reality conference rooms.  What happened to the promised revolution?Who asked for this? And how is the Metaverse coming along? So far, the payoff hasn’t been very solid. According to a recent report, most people don’t care about the metaverse – unless it’s in a gaming context. And some gaming applications are pretty cool, and are gaining popularity such …

Connected Life: Utilizing Next-Gen Technologies for Humanitarian Action

Published by Gert Christen

As we explore a connected life, our society is still trying to comprehend how digital technology plays a role in creating life-changing and life-saving solutions that would not have been possible even 5-10 years ago. What is the role of entrepreneurs in creating technology that can solve some of the hardest problems in the world, such as humanitarian law and policy, or environmental impact? With the incredible advances in connected technologies built on systems like the blockchain, digitalization has become a priority not only in the tech sector but also for organizations providing solutions for uses with extremely high stakes, such as humanitarian relief in conflict areas. A colleague of mine, Yannick Heiniger, is currently working as a Senior Technology Diplomacy and Cyber Advisor for the Swiss foreign ministry in San Francisco. Yes, Silicon Valley’s tech companies have become so important that countries send diplomats to the Bay Area. Denmark started the trend by appointing a “Tech Ambassador” and Switzerland’s consul general in San Francisco also has the rank of an ambassador. Why? Because in …

Connected Life. How everybody, everything being online everywhere, all the time is changing our lives.

Published by Gert Christen

By 2025, we will have over 27 billion IoT devices connected to the internet – that’s more than three devices for each person living on Earth. And two-thirds of these persons own a smartphone, which makes them also constantly connected to the internet. No doubt: Everybody and everything is now online all the time. This is how a majority of us live our lives today: Connected! And enabled by technologies.  Never before has the world, its infrastructure, and the people who live here been more connected, and personalization is helping to drive tailored experiences for people while connectivity technologies are helping companies create new products, deliver better services anywhere in the world and realize efficiency gains never thought possible on a massive global scale. These innovations that were once a pipedream of human ingenuity relegated to sci-fi novels and utopian thought exercises are now our daily reality. But in creating these solutions, questions, and considerations arise. Will these technologies really enhance everyday life, and for everybody? Is the rapid growth of e.g. mobile, AI, and …

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What Does It Take to Create to a Circular Economy?

Published by Gert Christen

According to most recent estimations, over 300 million tons of petroleum-based plastics are produced annually. These plastics are used in a wide range of products, from packaging materials to electronics and vehicles. However, a significant amount of plastic waste ends up in landfills, where it can take centuries to break down, leading to pollution of the surrounding soil and waterways, as well as harm to wildlife that may ingest or become entangled in the plastic. A large amount of plastic waste also ends up in the ocean, where it harms marine life and disrupts ecosystems. It is estimated that by 2050, there could be more plastic in the ocean than fish by weight. Sure, efforts are being made to reduce plastic waste, such as recycling programs and the development of biodegradable plastics. However, these solutions are not perfect and face challenges including contamination and lack of infrastructure for collection and processing. For the curious, there are a couple of ways you can handle plastic from a biochemical standpoint: Traditional Method, which involves melting plastics and …

Hybrid Work and San Francisco Commercial Real Estate

Published by Gert Christen

The COVID-19 pandemic has completely shifted the state of work in the country. While many employers are demanding their employees return to the office, workers are seeking much more flexible arrangements. A survey from Gallup in June 2022 found that approximately 56% of full-time employees in the U.S., or more than 70 million workers, say their job can be done remotely. Of those surveyed, 50% were adapting to hybrid work schedules, 30% were exclusively working remotely, and only 20% were working entirely from their office. The same survey found that six out of 10 employees working exclusively remotely are “extremely likely to change companies” if not offered remote flexibility at work. In Silicon Valley, 2-3 days of remote working has emerged as the new normal, with Wednesdays and Thursdays as the days when most employees work at the office. With technology moving in the direction of catering to remote and hybrid employee needs, employees are moving out of more expensive cities in an effort to save money, cut back on commute time, and achieve better work/life balance. If you’ve …

Shapeshifting of entertainment ecosystems:

Published by Gert Christen

Content is king! And in TV, the trend clearly shows us moving away from watching traditional channels paid via cable TV and moving towards subscription-based streaming services. Streaming benefitted from COVID with record growth: However, as the competitive battle heats up among the providers, winning new subscribers and preventing existing ones from leaving is becoming harder. As a consequence, providers started looking for more ammunition: attractive content to keep their viewers within their own walled garden longer and to attract new subscribers. A reshuffling of the assets in this industry has begun, and we have a front-row seat to a textbook case of a formerly new industry entering a more mature phase. WarnerMedia TV and Discovery merged to create a new premium mouthful, “pure-play direct-to-consumer entertainment company.” WarnerMedia was previously owned by AT&T, the U.S. telecom provider who, with this move, turned their entertainment assets into an independent business. This spinoff was a glycemic index-busting sweet deal for AT&T, as it received up to $43 billion dollars, which it can now pour into the 5G …

The coming of transhumanism

Published by Gert Christen

Doctors have used technology to repair or improve human bodies for decades, and this has been uncontroversial. However, soon the technology will be available to be stronger, to better resist illnesses, and to live longer. This voluntary transhumanism is different – and it will become controversial. Should we do everything that we technically could? Is it right? Will it be only for the rich? Are we playing god? These are questions that we need to start exploring. Rena Seiler recently tackled the topic in a paper entitled “Transhumanism – the vision of the technological evolution of humans” at the Institute for Digital Business of HWZ University Zurich. You can read the English version here, or her original article in German here. Rena argues that this technology is being developed no matter what and that we as a society must seize the opportunity of the early stage to discuss the use of transhumanism. Otherwise, there is a risk that the technology will be exploited for selfish personal and strictly commercial reasons, which will exclude many from …

Transhumanism – The technological evolution of humankind.

Published by Gert Christen

Transhumanism is considered a philosophical school of thought that seeks to expand the boundaries of human possibilities through the use of technological methods. Rena Seiler, MAS Digital Business student at HWZ University in Zurich, Switzerland, offers insight into the challenges of the transhumanist vision. On February 18, 2021, Perseverance, NASA’s rover, landed safely on Mars. From tabloids to science magazines, the broad media covered the successful landing on the red planet, which marked the kickoff of NASA’s mission. Much of the population watched in fascination as humanity moved one step closer to one of the four explicit goals of NASA’s mission: the colonization of space, starting with Mars. So our aspiration to colonize space is no longer science fiction at all but reality. Colonizing space: Is the human object as ready as its rockets? The vision of space colonization also poses challenges for the “human object.” Currently, a one-way trip to Mars takes nine months. The associated strain on the human body leads to various, sometimes lasting, physical impairments. The question inevitably arises as to …

Data is the new oil

Published by Gert Christen

Michael Palmer of the Association of National Advertisers expanded on Clive Humby’s statement. “Data is the new oil. It’s valuable, but if unrefined, it cannot really be used. (Oil) has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable activity; so must data be broken down, analyzed for it to have value.”* We’ve come a long way in data as the basis for businesses, and we’re learning about its legal, social, and ethical boundaries along the way. But there’s no doubt about the trend: Companies who use data as the sole base for their business are coming. And it’s growing into big business for many, not just social media platforms (exploiting user-generated data in return for free services), storage companies (operating the data centers where our clouds host our data), and companies providing software-as-a service (SaaS). Data in recruiting and talent management: Recruiting and managing employees is still mostly database-driven. Enter keywords, and databases, like LinkedIn, will list results. Consequently, resumes and LinkedIn profiles today are optimized for …

The State of the Corporate Startup

Published by Gert Christen

Video and presentations for download from the “Corporate Venturing” event on October 28, 2020. The event was organized by the Swiss American Chamber of Commerce in San Francisco and was sponsored by the Swiss Business Hub. Experts from Swisscom, the Swiss Railways SBB and Paul Holland from Mach49 and Foundation Capital shared their approaches to corporate innovation (more about the speakers at the end of this post). Here are the recording of the event and the speaker presentations: Zoom video recording Swisscom presentation Swiss Railways SBB presentation Mach49 innovation consultants presentation Thank you to the Chamber for organizing the event and to the three speakers for sharing their work and their inputs. Feel free to download the slides and the event video. If you have an opinion on corporate innovation let me know and let’s start a dialog. The panelists were: Swisscom (Lukas Peter, Head of Silicon Valley Outpost): Swisscom started an outpost in Silicon Valley 20 years ago and are one of the most visible and present partners and investors in the Swiss innovation scene. …