The Leader Magazine

MAR 2018

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14 MARCH 2018 t H e le A de R 1. Emerson (2017), The next step to a holodeck, 2. AI Transforming Business: Corporate CxO Perspectives. businesses/ 3. Statista (2017), Revenues from the artificial intelligence (AI) market worldwide, from 2016 to 2025 (in million U.S. dollars) 4. Todd Litman, Victoria Transport Policy Institute (2017), 'Autonomous Vehicle Implementation Predictions', 5. Per Square Mile (2011), '800 million spaces and nowhere to park?' 6. Thyssenkrupp (2017), Multi finds its first home in Berlin at OVG's East Side Tower, https://multi.thyssenkrupp-elevator. com/en/ t he future is now: mapping the progress of these '2040' technologies v irtual reality & haptic technology: One day, you will not only interact with simulations of your overseas colleagues projected in the room you're in, but you'll be able to actu- ally shake their hand and experience a sense of touch. By using (ultrasound) soundwaves, researchers succeeded to make air feel like a solid object 1 . The first touchable hologram was created by scientists in Japan in 2016. The combination of haptics – the science of touch – and technology has the potential to rewrite the way we interact between the digital and physical worlds. Artificial intelligence: Some 98 percent of corporate leaders see AI as essential for their businesses, according to a recent book written by executives at companies such as GE, BNY Mellon, and Samsung 2 . Statista claims that the size of the AI market worldwide is expected to be worth approximately $59.8 billion by 2025 3 . Says Alex White, vice president of Enterprise Business EMEA at NVIDIA, 'AI won't be an industry – it will be part of every industry'. Advanced transport – driverless everything: Well-funded firms around the globe are creating new forms of urban transport. Not only roads, but skies, oceans and railroads will be filled with autonomous vehicles, ships, planes, trams and trains. Victoria Transport Institute predicts that by 2040, autonomous vehicles will account for up to half of all road travel 4 . Driverless cars could make the 800 million 5 parking spaces in the U.S. superfluous. And what of the design of offices when rooftop entries are required for flying taxis? f uture buildings: The world's first rope-less, horizontal- vertical elevator system, called Multi, will be installed in the East Side Tower in Berlin. The system has been developed by German elevator manufacturer ThyssenKrupp and can achieve up to 50 percent higher transport capacity and re- duce peak power demand by as much as 60 percent when compared to conventional elevator systems. The company claims the system is 'a genuine game-changer that will truly transform the way people move, work and live in our built environment' 6 . Sigrid G. Zialcita, left, is managing director for research and Lai Wyai Kay, center, is associate director for research at Cushman & Wakefield Asia Pacific. Tica Hessing is human geographer and urban planner for strategic consulting at Cushman & Wakefield Australia. facilities, prayer rooms and wellness spaces are available 24/7 to accommodate the demand to work, chill and eat at any hour of the day or night. Human connection and potential 'Good morning Lisa! How have you been?' Lisa enters the meeting room and greets her manager. They have a meeting with two graduates, beamed in from Asia. They put on their augmented-reality headsets and shake hands with their virtual candidates. With digital revolution the norm, 2040 is a social age, where the humanities – which had been eclipsed by technology – have emerged once again as critical skills. The focus is on human interaction and the need for workers with high emotional intelligence. Recruitment is global, and workforces are diverse. In 2040, employees can work 24/7 on projects; it's just a matter of getting the right people from the right time zone. a brave new world While attempts to foretell the future will almost always fall short, the changes within the 2040 environment envisioned here have already been set in motion. Rapid advances in smart building and digital technologies are invariably compressing the lifecycle of office buildings, posing a challenge for landlords to maintain performance as their assets age. There is no loyalty to new office supply. The emergence of co-working concepts – the single biggest disruptor in the office real estate industry – shows how demand for office space might be shaped in the future. In all probability, that future is now.

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