Technology

Almost all of the processes we use today were designed in the twentieth century, with the old mindset of command and control. Forms and data such as immigration, customs, starting a company, land records, birth certificates, death certificates, police reports, court cases- all these processes, designed in the twentieth century, are now obsolete. You have to redesign your processes to meet the needs of the twenty first century, and the web.

Telecom Pioneer & Advisor to Indian Government on Technology Policy

When I entered the telecom scene in India, in the early nineteen eighties, we had two million telephones for seven hundred and fifty million people. It used to take fifteen years to get a telephone connection. In a very short space of time, just twenty five years, we have seven hundred and fifty million telephones. We are adding ten million every month, month after month, and for the first time in the history of India- we are a connected nation of over a billion people.

Telecom Pioneer & Advisor to Indian Government on Technology Policy

A nervous system is just a group of cells specialised in transmitting impulses from one to another. Ordinary plant cells can do this, albeit in a less efficient way. It is indisputable that there is no need of this "Holy Grail" of a nervous system to have the miracle of the transmission of electrical signals and communication.

Plant neurobiologist and founder of the International Laboratory of Plant Neurobiology.

The world is changing now faster than you and I change our socks! It's constantly changing, and that constantly changing world is going to induce more movie-making. If you go on YouTube, you can see the most talented young people all over the world who take a camera and start to film ideas they have and put them online.

Unknown.

We have a much more connected marketplace. We have had, what I reckon to be an extremely overvalued stock market since 2000. When you have that situation, you are prone to very sudden negative revaluations.

Hedge Fund Manager & Author of "The Black Swan" Risk Management

In the multi-agent model, if you feed in the real price of the market, they show that before the large dives in market prices you could see the crowding that was beginning to happen behind the scenes, even though you couldn't see it in the price.

Physics professor studying complex systems, crowd behavior, and social networks.

The second big change I foresee is the continued convergence of the complex OTC derivatives market and the exchange traded futures and equity options market. Those lines will continue to blur due to regulation, legislation, increased capital and margin requirements, increased requirements for trade reporting, and increased pre and post trade price transparency in OTC markets.

Former CEO of CME Group, global derivatives exchange leader.

The measurement that we have is not derived from market or economic data. It is derived from the twitterverse- from all these individual users acting as social sensors. When I have a bad day, that has nothing to do with the market! But how I respond to that bad day may be a reflection of a general level of discomfort about how the economy is doing and so forth.

Unknown.

Twitter as a service is very oriented towards people providing short, succinct and relatively immediate 'in the moment' updates on what they're interested in and how they feel- and at a very large scale. At the moment we have around 250 million twitter users! We felt it was the ideal environment for us to test our hypotheses that we could, in fact, gauge the public's mood state from this type of data- and use that to study and even predict socioeconomic phenomenon of which the market is just one.

Unknown.

For the iPad it's game over in terms of market-share… Apple has won! It's a preposterously cheap stock… The applications for the iPhone and the iPad are just growing every day. I think these things are going to be ubiquitous…

Unknown.

I think Groupon was preposterously overpriced, and Zynga was moderately overpriced. The principal problem with Groupon, in my opinion, is that they have a bad business model. It basically eats by selling their customers crack cocaine- telling them to cut their prices 50% for a selected number of people. If you do that enough? You wont have a business.

Unknown.

I think Apple is preposterously undervalued. Apple has this mind-boggling margin structure, phenomenal consumer brand, and is accumulating mountains of cash. I joked on television that they should lever up and buy Greece! They have something like 7x cash-flow.

Unknown.

The reality is that you are looking at your private emails and Facebook and so on at work, and at home you will look at your work emails. We split our private life and work life in a different way than we did in the past. Now, these areas of our lives are totally mixed together.

Leading Brand Expert, Author & Neuromarketing Researcher

Cyber-threat is the single most serious threat faced by the markets. Many countries cannot complete with the United States in conventional military warfare, but in the cyber wars? They can go toe to toe. This is what we call 'asymmetric' warfare where adversaries have been able to level the playing field.

Currency expert & author on financial threats to national security

China's main comparative advantage for the past couple of decades has been cheap labour. What if we move to a world where, because robots are so cheap… cheap labour doesn't really matter anymore? What will be China's main comparative advantage after that?

Founder of Gavekal Research & Investment Strategist

One way to think about reserve currencies is to liken them to an operating system for a computer. Today, everybody is on Microsoft… People complain that it crashes, it's slow and so on.. but nobody changes… why? because everybody else is on Microsoft and if you want to exchange files and work together, you have to be on the same platform.

Founder of Gavekal Research & Investment Strategist