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Lab3_HRM2

The document discusses five disruptive technologies: autonomous vehicles, 3D printing and robotics, the Internet of Things, augmented reality, and blockchain. It highlights the advantages and disadvantages of these technologies, emphasizing their potential to innovate and transform industries while also posing risks such as privacy breaches and job displacement. The overall message underscores the importance of embracing change and adapting to these technological advancements.
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0% found this document useful (0 votes)
2 views

Lab3_HRM2

The document discusses five disruptive technologies: autonomous vehicles, 3D printing and robotics, the Internet of Things, augmented reality, and blockchain. It highlights the advantages and disadvantages of these technologies, emphasizing their potential to innovate and transform industries while also posing risks such as privacy breaches and job displacement. The overall message underscores the importance of embracing change and adapting to these technological advancements.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Nerissa G.

Cabriadas
HRM2A
July 03, 2019

The five Disruptive technologies

1. Transportation - Autonomous Vehicles

The technology and cost for autonomous vehicles are almost ready for the
mass market—with the real hold up being the regulators, who barely know
how to begin rethinking a hundred years of safety, insurance, and traffic
laws.
Unlike the awkward-looking prototypes of the first Google cars, the
incumbent automotive companies (who fortunately already know more
than a few things about disruptive innovation), are showing concept
vehicles that will just look like cars, with the cameras, sensors, and other
new technology hidden from view. Audi has a console that can be
removed and replaced, like a tablet computer. VW will use ultrasonic
technology to predict where you can find a parking space.

2. Manufacturing – 3D Printing and Robotics

In the world of mass market 3D printing, the trend is for more, more, more
—more vendors, more printing media, and more applications. Industrial
3D printers have long been used to create manufacturing prototypes, but
up until now the disruptive applications to go along with the rapid decline
in price for the key components haven’t been obvious. Now the devices
are increasingly being used for remote, just-in-time manufacturing and
printing more sophisticated designs including customized prosthesis and
3D printed fashion.
3. The Internet of Things

We declared last year to be the year when the Internet of Things—in


which everyday items became fitted with the ability to collect, send, and
receive information—finally became a reality. That was clearly the case
with this year’s exhibits, which included very large companies including
Samsung and Bosch and plenty of start-ups using the basic technology in
surprising new ways. The theme for this year was everything connected to
everything else, whether it made obvious sense to do so or not.
The shift from computers as computers to everything else as computers
has already disrupted industry leaders. As recently as a few years ago,
Intel’s very large booth in the Central Hall mostly focused on PCs and
laptops that featured the company’s chips. But as the market for
computers slows, the company has shifted its attention to the IoT, offering
ever smaller and more powerful components that can be embedded into
everything that isn’t already “smart.” Intel’s booth this year had hardly any
traditional computers.

4. Augmented Reality

Advances in display and audio technologies that enable users to


experience real and imagined environments with ever-greater richness.
Whether in the form of virtual reality goggles and earphones that provide
immersive gaming experiences, or superimposed displays that augment
the view out a car window, the continued decline in price, size, and power
requirements for basic computing components continues to spark
revolutionary change in the world of sensory input.

5. Blockchain

Blockchain Technology is needed for Bitcoin to exist, without the


blockchain, bitcoin doesn’t exist. It’s useless. The blockchain that supports
bitcoin was developed specifically for the digital currency.
In its simplest form, blockchain is a digital decentralized ledger that keeps
a record of all transactions that take place across a peer-to-peer network.
The major innovation is the fact that the technology allows market
participants to transfer assets across the internet without the need for a
centralized third party.

In other words, blockchain technology removes the middleman from all


transactions.The most vulnerable industry to blockchain technology is the
financial services industry. Specifically, banks have the most to lose in
terms of the blockchain’s ability to completely alter the way they operate.
The disruptive technology is important because it’s a way of embracing
changed.

5 Advantages

 It helps businesses expand its market through innovation with new


and existing products/services.
 It exposes businesses to the importance of urgency.
 It helps companies discover its present and future leaders.
 It helps companies discover future opportunities.
 The company culture can turn into a learning community that
embraces change.

5 Disadvantages
 The breach of privacy (the possibility of hackers breaking into the
system and stealing the data).
 The Millennial generation has already been scrutinized as being
lazy and emotionally unstable as a result of internet addiction.
 Replacement for human labor in fields like manufacturing,
maintenance, cleaning, and surgery thus furthering the issue of
unemployment and financial security as a majority of jobs will be
replaced by AI/automation.
 With BMW already incorporating a self-parking feature,
autonomous vehicle application may lead to huge financial and
societal issues as it is a mix of traditional and driverless cars on the
road causes all kinds of unpredictable scenarios.
 The implementation of cloud technology makes the users more
vulnerable to attack which may lead to life changing losses. When
you move to cloud, you give all of your data and your company
information to outside cloud providers further putting your company
at risk of an attack or leak of confidential information

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