As the cliché goes, “Change is the only constant”! Human race with smarter brain and use of Thumbs of both hands has leaped frogged ahead of other species. From stone age tools, to the wheel, to metals, list is endless. During any and every change there has been resistance, there has been reluctance to accept new things. Flat earth theory is the classic case of non-acceptance of the progress of science. But in the end, all the new changes became routine.
During last 50 years of previous century and 17 years of current century, the changes and innovations have happened at an breath taking speed. Some things kept on becoming more efficient and improved tremendously. Some products, became obsolete even before their potential could be realized. Classic example is Fax. Before we started using fax in a big way other methods of communications came into use, PC became a mass product and over period fax machines simply disappeared. Some products which never existed before suddenly became household names, like iPod.
Computer proliferation has been the most important change that happened during 80’s and 90’s. Advent of computers, first as big as a room, then came desk top machines, followed by laptops, tablets and smart phones. This sequence is important. Computing and storage capacities went on increasing so rapidly that current smart phone capabilities are far greater than original desk top machines. One of the most important effect of these changes is to speed up discoveries in various fields, improve diagnostics in medical field due to better imaging techniques and faster results of collection and analysis of data.
I have only touched upon a couple of innovations and technological changes, but I always wonder how the general population of the world will handle these changes. One important thing about some of these changes is that they are seamless and are accessible without the hindrance of international borders. This reminds me of a Hindi song Panchi Nadiya, Pawan ke zoke, Koi sarhad na inhe roke! Birds, Rivers, the Breeze fly and flow at will and no border can stop them. Internet is one such thing like the birds and rivers and breeze! Except in countries like China, who go by their own laws of freedom. Another unfortunate seamless development is terrorism but that is a subject by itself.
How is general population able to handle these changes? In developed countries where literacy levels and education levels are higher, you might think that they handle it the best. But we already know that India is leading the usage of Cell phones, more than 80% of India’s population has biometric identification, which is practically unbreakable. High % of Kenyans use cell phones to make their financial transactions. I am quite sure many more Indians can do it but they avoid doing formal transactions so that they can cheat on taxes. I do not know the data about how many Indians have started using Bitcoin crypto currency! This switch over will be fast because it is currency which is non-traceable, seamless internationally and illegal in India. This will help people keen on dabbling into “black money”; at least currently it is better than keeping money in Cayman’s island!
How can new technologies change the world order? This may not happen overnight, but it can happen. Countries like US, England, Germany and many other are money rich countries, but countries like India are data rich. In 70’s in the last century when gulf countries realized the importance of oil, in a decade or so they became rich countries because they exploited the oil! Mukesh Ambani has recently said that Data is new Oil! What is the meaning of this statement? It means that the country which garners and manages the data well, will become rich fast. China is both rich in money terms and is data rich, so they will probably gallop over the others.
The Rich world already had systems and with new technologies they have improved on their systems. But in countries like India a large % of people who are not in the system, are taken into formal system, thanks to Aadhar which has biometric authentication. This has enabled India to create completely new systems. This will enable such people to access loans, and funds to which they never had any access. These systems can give poor, subsidy in Electricity bills and Fertilizers, directly. Before new systems there was a big leakage of funds and benefits never reached the poor. Systems are being designed for day to day use where biometric authentication is the only thing that is checked e g vending machines. Using this authentication, financial transactions can be completed. In India power deficit has been historical. Recently, a solar power plant for 800 Megawatt was commissioned in six months in Andhra! Five thousand people were employed on this project. One more example of new technology doing quickly, what old and polluting technology was taking years to do. Those who can afford, should put a solar plant on their own rooftop, for home use. What this does is 30/35% transmission loss is gone because there is no transmission!
Will the “uneducated un included” population be able to handle these rapid technology changes? If cell proliferation is an indication, then things look good! Cell phone is going to be the tool for all so it is upto the app developers and various agencies to create business processes in such a way that life becomes easier and easier; biometric authentication is already there! Before signing off let me share one more example of new technology and thought process. There is a Dam near Pune with a very large reservoir! The is plan, is to cover 4600 acres of water with floating solar panels to generate 1000-Megawatt power! Do you know what the bonus is going to be? Great saving of water which is lost due to sublimation! Great thoughts and new technology are simply going to change things for “Have Nots”!