ABB, 108
Acer, 107
Adaptation
to capital cost changes, 10, 140–147
catalysts for, 205–206
to labor market gap, 10, 156–164
mind-set for, 204–207
to new competitors, 174–179
to new consuming class, 9, 25–26, 98–109
resistance to, 204
to resource management improvements, 9–10, 120–128
to technological disruption, 45–52
to urbanization, 23–30
Adchemy, 52
Additive manufacturing. See 3-D printing
Adoption. See Technology adoption
Advertising
to aging population, 66–68
data monetization by, 49
to middleweight city consumers, 101
Africa
Arab Spring in, 111–112
fertility rate in, 56
foreign direct investment in, 80
marketing to, 106
mobile banking in, 176
mobile Internet population in, 79
new consuming class of, 101, 102
public-private partnerships in, 198
talent training programs in, 161
trade growth to, 7
urbanization in, 15–16, 23, 29
African countries
Angola, 76
Morocco, 80, 81 (table)
South Africa, 55 (fig.), 81 (table), 113 (table), 161
Tanzania, 89
Tunisia, 111–112
Agility
adaptation mind-set and, 206
globalization and, 82–83, 87–89, 88 (fig.)
in investing, 145–146
in manufacturing, 82–83
in trade, 87–89
Aging population, 53–70
advertising and marketing to, 66–68
emerging markets comparison of, 57 (table), 58–60, 63 (table)
in Europe, 61, 65, 69, 70, 195
fertility rate decline and, 7, 55–58, 55 (fig.), 61
goods and services for, 67–70
health-care industry and, 64, 66–67, 183, 185
labor market gap from, 7, 59 (table), 60–61, 64–66, 194–195
life expectancy increase of, 58, 60, 61
new consuming class of, 66–70, 101
real estate for, 68
in retirement, 62–64, 63 (table), 194–195
robotics for, 53–54
social security for, 62
structural change for, 61–64, 68
talent retention of, 64–66, 160, 194–195
technology adoption by, 67, 69, 70
Agriculture. See Food
Ahrendts, Angela, 178
Alliance for Financial Inclusion, 192
Allianz, 51
Android, 51
Angola, 76
Annan, Kofi, 15
Apple, 43 (table), 98
Apps
adoption acceleration of, 42
grocery delivery, 25
health, 52
labor market redefined by, 154
messaging, 2, 42, 48, 172, 176
transportation, 25–26, 29–30, 31–32, 47, 48, 154, 171
Arab Spring, 111–112
Argentina, 77, 81 (table), 113 (table)
Arthur, W. Brian, 33
Asian countries
Pakistan, 161
Philippines, 113 (table)
Taiwan, 5, 113 (table), 174
See also China; Japan; Singapore; South Korea
AstraZeneca, 85
Atos, 161
Audi, 175
Australia, 120, 141, 159 (table)
Automotive manufacturing industry
agility in, 82–83
aging talent retention in, 65
capital productivity optimization in, 141–142
circular economy approach in, 124
design for switchability in, 128
new competitor adaptation in, 175–176
R&D, 141–142
robotics in, 53
sector crossover of, 173
talent training programs in, 163
Axa, 65
Axel Springer, 52
Banking industry
aging consumer services in, 69
peer-to-peer services in, 47, 85, 143–144, 145, 171
telecommunications and, 176–177
See also Investing; Monetary policy
Bannister, Roger, 205–206
Barmer, 177
Baxter (robot), 37
Beijing, China, 24
Ben Ali, Zine El Abidine, 111
Bharti Airtel, 170
Boeing, 85
Bolivia, 77
Bonds, 10, 134 (fig.), 146
Bouazizi, Mohamed, 111
Bowers & Wilkins, 84
B&Q retailer, 124
Brazil
connectedness rank of, 80, 81 (table)
fertility rate decline in, 55 (fig.)
goods and services customization for, 104
infrastructure deficit in, 135–136
mobile banking in, 177
new competitor entry of, 168, 170
new consuming class of, 97, 101, 102
Porto Alegre, 25
real estate in, 133
talent training in, 163, 196–197
urbanization speed and scale in, 20 (fig.)
Bread riots, 111–112
British Gas, 65
Brynjolfsson, Erik, 6
Bunyad, 161
California
Silicon Valley, 58, 64, 77, 86, 175, 189
Canada, 69, 96, 133, 144, 159 (table)
Capital cost, 131–148
adaptation to changes in, 10, 140–147
aging population and, 183, 185
decrease scenario, 10, 138–140
distribution unevenness and, 135
increase scenario, 10, 132–138, 183, 185
interest rate and, 133, 134 (fig.), 138–140, 141, 144–145
productivity optimization and, 140–142
savings rate and, 137–138, 139
volatility, 88 (fig.), 138–140, 145–147
See also Digital capital
Capital flows. See Financial globalization
Cars
demand increase for, 114–115
insurance and price transparency, 173
new consuming class for, 96
sharing services, 25–26, 31–32, 47, 48, 154, 167–168
3-D printed, 38
See also Automotive manufacturing industry
Chawla, Sona, 51–52
Chevrolet, 128
Children
day care for, 193–194
retiree ratio to, 63 (table)
Children of Men (movie), 56
China
aging population in, 58–60, 61, 67
connectedness rank of, 80, 81 (table)
e-commerce takeover by, 1–2, 9, 96, 98, 99 (fig.), 165–166
in economic center of gravity, 5, 17, 19 (fig.)
fertility rate decline in, 55 (fig.)
foreign direct investments from, 76
goods and services customization for, 103–104, 105
immigration of talent from, 77
new competitor entry of, 168, 170
new consuming class of, 93–94, 96–97, 97 (fig.), 98, 99 (fig.), 101
renewable energy plan of, 126
rural lifestyle in, 18–19
savings rate in, 137–138
talent return incentives in, 193
tourism growth from, 77–78, 94
trade flows of, 7
urbanization speed and scale in, 18–22, 20 (fig.), 21 (fig.)
China regions and cities
Beijing, 24
Foshan, 25
Guangzhou, 101
Hong Kong, 21 (fig.), 81 (table), 113 (table)
Inner Mongolia, 135
Shenzhen, 101
Wuhan, 58–59
China’s Second Continent (French), 77
Cignifi, 177
Circular economy, 123–125
Cities. See Emerging cities; Megacities; Urbanization
Clamadieu, Jean-Pierre, 108
Clarks Village, 93–94
Climate change, 119
Colbree, 84
Commodity prices
increase in, 111–112, 114–116, 115 (fig.), 117 (table), 118–119
oil correlation to, 82, 117 (table), 118, 127
trend break in, 9–10, 113–114, 115 (fig.)
volatility resilience, 127–128
See also Resource management
Competition. See New competitors
Connectedness ranking, 80, 81 (table), 86–87
Consumption. See New consuming class
Cosmopolitan capitalism, 144
Crowd-sourced funding, 47, 85, 143–144
DARPA (Defense Advanced Research Projects Agency), 37
Data
digitization of, 39, 41, 46 (fig.)
globalization of, 7, 78–79, 82
monetization of, 49–50
new goods and services from, 47, 49
optimization of, 46–47
privacy and protection policy, 189–190
product tracking, 39, 47, 85, 196
productivity gains from, 196–197
RFID tracking, 39, 48, 85, 122
See also Digital capital
Debt, government, 62, 139–140, 186 (fig.)
Defense Advanced Research Projects Agency. See DARPA
Demand, 114–116, 117 (table)
Denmark, 191, 193–194, 195, 199
Detroit, Michigan, 135
Deutsche Telekom, 177
Digital capital, 47–52, 74, 86
Digital media
digitization of, 39, 46 (fig.)
investing in start-up, 52
monetization of, 50
sector crossover in, 173–174
Digital platforms
new capital sources via, 143–144
new competitor entry via, 165–166, 170–172
new talent via, 154, 158, 160–161, 162
trade globalization via, 74, 85–86
Digitization, 39, 41, 46 (fig.)
Disruptive forces
types of, 4–7
See also Technological disruption
Dylan, Bob, 60
E-commerce
aggregation, 173
China takeover of, 1–2, 9, 96, 98, 99 (fig.), 165–166
digitization influence on, 39, 46 (fig.)
grocery delivery, 25
new consuming class and, 1–2, 9, 98
price transparency, 173
start-up talent acquisition in, 52
subscription revenue model in, 49–50
trade globalization and, 74, 85
urban adaptation to, 25
Economic center of gravity, 5, 16–18, 19 (fig.)
Economic value
of emerging markets, 5, 97 (fig.), 170
of environmental damage, 119
of globalization, 80
government size and, 191
interest rates and, 139–140
of new consuming class, 96, 97 (fig.)
savings rates and, 137–138, 139
of technological disruption, 34
of tourism, 77
urbanization speed and scale per, 20 (fig.)
Education
by mobile Internet, 161
public spending on, 192
STEM, 155, 156, 158, 159 (table)
talent training, 161, 162–164, 183, 196–197
See also Universities
infrastructure deficit in, 131–132, 133, 135–136
middleweight, 97 (fig.), 100–102, 174
operational complexity management in, 28–30
speed and scale of, 16, 18–22, 20 (fig.)
See also Urbanization
Emerging markets
aging population comparison in, 57 (table), 58–60, 63 (table)
connectedness rank of, 80, 81 (table)
cosmopolitan capitalism with, 144
economic center of gravity in, 5, 16–18, 19 (fig.)
economic value of, 5, 97 (fig.), 170
foreign direct investments from, 76
speed and scale of, 5, 100, 170, 171 (table)
trade between, 73–74
traits of, 100
See also New competitors; New consuming class
Energy
efficiency measures, 122, 123, 125–127, 196, 199
environmental costs of, 119–120, 196
financial globalization and, 80
natural gas, 2, 36, 116, 125, 141, 196
new competitor wave in, 168, 170
regulation of, 196
renewable, 36, 122, 126–127, 199
supply and demand, 117 (table)
technological disruption in, 36
See also Oil
Enernoc, 122
Engineering, STEM and, 155, 156, 158, 159 (table)
England, 29, 31–32, 93–94, 143
Environmental conservation, 36, 119–120, 122, 196
Europe
aging population in, 61, 65, 69, 70, 195
connectedness ranks in, 81 (table)
in economic center of gravity, 16–18, 19 (fig.)
fertility rate decline in, 7, 55 (fig.), 56–57
government decentralization in, 192
Industrial Revolution, 16, 18, 33, 202
labor market recovery cycles in, 150
local manufacturing in, 27
reuse and recycling in, 124, 196
talent immigration from and to, 77, 158
talent training in, 196
unemployment rates in, 184 (table)
European countries
Denmark, 191, 193–194, 195, 199
Greece, 82, 113 (table), 184 (table), 192
Ireland, 184 (table), 191
Netherlands, 113 (table), 184 (table)
Russia, 81 (table)
See also Germany; United Kingdom
Expedia, 172
adoption speed of, 43 (table)
new competitor entry against, 172
Fan Milk International, 23
Feldstein, Martin, 133
Fertility rate, 7, 55–58, 55 (fig.), 61
Finance. See Banking industry; Capital cost; Investing; Monetary policy
Financial crisis of 2008, 4, 76, 138–139
Financial globalization
Fink, Larry, 205
Finland, 191
Fiscal policy, 83, 85, 183, 185, 186 (fig.)
See also Globalization
Food
increased price of, 111–112, 113 (table), 114, 118–119
oil correlation to, 82, 118, 127
price volatility resilience, 127–128
waste solutions, 121 (table), 122–123
Food and beverage industry
new consuming class in, 103–104, 105, 106
spending increase in, 112, 113 (table)
Foreign direct investing, 76, 80
Fortune Global 500
life span of, 167
location evolution of, 5, 169 (fig.)
Foshan, China, 25
Fracking, 2, 36, 116, 125, 141, 196
Free Mobile, 48
Freemiums, 49
French, Howard, 77
Frito-Lay, 103
Gates, Bill, 205
GDP (gross domestic product). See Economic value
General Electric, 51, 80, 104, 108, 175
Germany
connectedness rank of, 80, 81 (table), 86–87
Deutsche Telekom, 177
digital media investments in, 52
e-commerce market in, 99 (fig.)
fertility rate decline in, 7, 55 (fig.), 56–57
labor policy and recovery in, 181–182, 193
public spending in, 191–192
urbanization speed and scale in, 20 (fig.)
Ghosn, Carlos, 173
Globalization
acceleration of, 71–72
agility and, 82–83, 87–89, 88 (fig.)
business location and, 86–87
connectedness ranking, 80, 81 (table), 86–87
finance, 7, 74–76, 80, 82, 87–89, 88 (fig.)
government centralization level and, 192
immigration patterns and, 7, 76–77, 86
immigration policy and, 185–186
implications of, 79–83
mobile Internet, 78–79
new competitor instant entry from, 80, 84–85, 170–172
new competitor waves from, 167, 168, 169 (fig.), 170
penalty, 107–108
R&D, 85–86
resource management and, 118–119
tourism increase from, 77–78, 94
trade, 6–7, 71–74, 75 (fig.), 85–86, 87–89, 185–186
Glossybox, 49
Goods and services
for aging population, 67–70
customization for new consuming class, 102–105
price transparency of, 173
reuse and recycling of, 123–125, 196
RFID tracking of, 39, 48, 85, 122
switchability design for, 128
See also Manufacturing; New goods and services; Trade
energy efficiency measures of, 122
location and operational complexity of, 29
new competitor entry against, 171, 172
Government, 181–199
bond decline, 10, 134 (fig.)
data usage for productivity, 196–197
debt, 62, 139–140, 186 (fig.)
future centralization of, 191–192
future role of, 192–193
future size of, 191
incentive programs, 193–194
private partnerships with, 27–28, 29–30, 198–199
public spending, 188–189, 191–193
regulations for productivity, 194–196
talent training programs, 163–164, 196–197
technology adoption by, 194, 196–197
See also Infrastructure; Policy
Great Depression, 115 (fig.), 206–207
Great Moderation, 3–4
Greece, 82, 113 (table), 184 (table), 192
Gross domestic product (GDP). See Economic value
Guangzhou, China, 101
Health-care industry
aging population and, 64, 66–67, 183, 185
apps, 52
labor market gap in, 152, 161–162
medical breakthroughs, 33–34, 35, 37–38, 47, 60
mobile, 177
new consuming class adaptation by, 104
Helix, 83
H&M, 125
Homeplus, 25
Hong Kong, 21 (fig.), 81 (table), 113 (table)
Hospital Corporation of America, 64
House of Cards (television series), 174
Hydrogen fuel cells, 127
IBM, 108
I:CO, 125
Illumina, 34
Immigration
fertility rate decline and, 56, 57–58
policy, 185–186
Income inequality, 186–189
India
connectedness rank of, 80, 81 (table)
cosmopolitan capitalism in, 144
in economic center of gravity, 19 (fig.)
fertility rate decline in, 55 (fig.)
foreign direct investments from, 76
goods and services customization for, 103, 104–105
new competitor entry of, 170
new consuming class of, 96, 97–98
operational complexity management in, 29
public-private partnerships in, 198–199
renewable energy plan of, 126
smart city technology in, 41
space exploration by, 2–3
urbanization speed and scale in, 20 (fig.), 131–132
Indian cities
Pune, 41
Surat, 25
Industrial Revolution, 16, 18, 33, 202
Infrastructure
data and productivity gains, 196–197
deficit, 131–132, 133, 135–136
energy storage and, 36
financing partnerships, 29–30
policy and new business opportunity, 197–199
private partnerships for, 27–28, 29–30, 198–199
public spending, 188–189, 191–193
repurposed services for, 28
smart city technology and, 28, 41, 198
See also Transportation
Inner Mongolia, China, 135
Innovation
acceleration of, 33–34, 35 (fig.), 42
ripple effect of, 202
time and betting on, 50–51
Instacart, 25
Insurance industry, 46 (fig.), 50, 173
Interconnection. See Globalization
Interest rates
decrease, 133, 134 (fig.), 138–140
Internet. See Mobile Internet
Internet of Things, 38, 40 (fig.)
Intuition reset, 8–12, 204–207
See also Adaptation; Trend break