9 March 2012
The next wave of innovation
One of the many wonderful speakers at Geonext 2012 was Dr James Bradfield Moody, whom opened the conference with a presentation, entitled: The Next Wave of Innovation: Convergence of Digital and Natural.
Since the Industrial Revolution, the tide of progress has ebbed and flowed: five distinct waves, each starting with disruptive new technologies and ending with a global depression, have transformed our industries, societies and economies almost beyond recognition. We are now on the cusp of another massive transformation – the sixth wave of innovation.
The sixth wave will see the shift from society’s consumption of abundant resources, to management of scarce resources, and the drive to manage them more efficiently. According to James, we need to decouple resources from economic growth, much like, decades ago, we decoupled labour from economic growth.