A Forecast from Technology's Promise by William E. Halal

E-Commerce - Global Access

Technology’s Promise draws on the work of TechCast Project at George Washington University. The TechCast “A Virtual Think Tank Tracking the Technology Revolution” forecasting system has been developed by Professor William E. Halal from pooling the knowledge of 100 experts around the world covering the entire span of technological innovation.

The forecast for E-Commerce – Global Access is a challenge to bring modern communication to poor nations. Globalization is rapidly changing Information Technology (IT) because the experts think 30% of the world’s population will have access to most media by 2016. Can you imagine before the recent global IT boom, only two-thirds of the world’s poor had never made a phone call not a liability or a burden any more a huge new market now, why is this? The poor is now a market for cheaper goods. For example, Hewlett-Packard, Dell, MIT, AMD, Intel and more are among the already prominent entrepreneurs providing PCs for $100 to jump start the poor nations. C.K. Prahalad stressed the point in “The Fortune at the Bottom of the Pyramid” a profit to be made from selling to the poor a global market for e-commerce. Stay tune for more updates targeting which poor nations are in the IT market and trade details. 

 "Imagination is more important than knowledge."

Albert Einstein

References

1. Halal, W. E. (2008). Technology's promise: expert knowledge on the transformation of business and society: Palgrave Macmillan.
2. Prahalad, C. K. (2009). The fortune at the bottom of the pyramid: Eradicating poverty through profits: Wharton.

Update: 2009 Paul Moller's talk on TED.com

This video is from TED Ideas worth spreading


Inventor Paul Moller talks about the future of personal air travel for Skycar and GPS U.S., there's a Russian GPS, and there's a new GPS system going to Europe, called Galileo. Continue to watch my blog for more updates on Paul Moller and his Skycar. Thank you.

Future Innovation Super Fast Travel

An Innovation Still Being Realized

According to Harriet Tubman "Every great dream begins with a dreamer". We are still trying to accomplish this idea and still waiting on this to happen fast flying car:

So, why has this innovation not been successful thus far? Is this a question to be answered by a researcher at RAND Corporation using DELPHI. DELPHI is used to gather key questions from panels of experts and participants who are not all in the same location geographically.

Technologist William Halal revealed an innovation idea normal time period for a prediction is 10 to 15 years to be realized from Technology’s Promise. Coming from an expert would you believe in the next twenty years we would all be flying around that depends on some economic implications this prediction for the future maybe possible.

To expand upon the possibilities The FUTURIST a magazine of forecasts, trends, and ideas about the future Sept-October 2008 Vol. 42, No. 5 interviews Paul Moller. Paul Moller has spent the last 40 years trying to bring a flying car to market and his latest prototype the M400 Skycar. This forecast still maybe unlikely to occur or may happen after 2020.

FUTURIST: In terms of selling flying cars, I guess the thing I'm trying to get a handle on, why is it so very, very hard?

Moller: I could spend a few years on that one. There are three components that make or break this technology: engines, electronics, and materials. For the engine, the most critical element is power. Once you reduce the diameter of the propulsion system, you go from a helicopter, to a fan system, you're moving less air. The problem is, the less air you move, the more power it takes to generate a certain kind of thrust. We've spent about $35 million over a period of 40 years developing the power plant for this project. 

  References

1. Christakis, A. N., & Bausch, K. C. (2006). How people harness their collective wisdom and power to construct the future in co-laboratories of democracy: Information Age Publishing.
2. Halal, W. E. (2008). Technology's promise: expert knowledge on the transformation of business and society: Palgrave Macmillan.