disruptive technologies: international economic development council (iedc) 2014 tip strategies

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As part of the 2014 IEDC Leadership Summit, Jon Roberts, TIP's Principal & Managing Director of TIP Strategies, presented an analysis of disruptive technologies and how economic developers might benefit from considering the affect that such technologies have on the labor pool, the supply chain, and social norms.

TRANSCRIPT

DISRUPTION

IGNITE: IEDC Leadership Conference, Irvine, CA February 2, 2014

Presenter: Jon Roberts, Principal, TIP Strategies, Inc.

What are

disruptive

technologies?

The labor pool

The supply chain

Social norms

1

2

3

What’s a CD?

Where are the book shelves?

I’ll send my driver.

Image Credit: Google

Need a

light?

I’ll call a

doctor.

Just print one out!

Image credit: 3D Systems

Image credit (refrigerator): Samsung

It just

knows!

The Internet of Things

The Labor Pool

Massive

disruption in the

number of

workers and the

skill sets they

require.

The Supply Chain

Entire business

units cease to

exist and

secondary

providers

disappear.

Social Norms

Culture shock

around

expected

behavior with

new product

opportunities.

What does it mean for

economic

development?

If productivity doesn’t

bring job gains, what

are we incentivizing?

95

100

105

110

115

120

2000 2005 2010

2000 = 100

GDP +17%

JOBS -1%

GDP/Job Gap Index

Sources: GDP (U.S. Bureau of Economic Analysis); Jobs (U.S. Bureau of Labor Statistics - CES Survey)

Does entrepreneurship

really benefit my

community?

Redefining the public-

private partnership…

The future we see is

not the one we will be

living in.

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