Blog#2 Technology really enables us to predict the future?

Technology really enables us to predict the future?

Big Data, Could Service, Machine Learning, Microservice, AI, Blockchain, and robotics, we can see those terms everywhere. People say that technology changed the world as if it were monsters. It is certain that the technologies have the power to drastically change the world. However, I think technology will change the world when it interplays with other triggers.

Regarding the Cloud service, entrepreneurs can easily start their business without possessing owing to the service. For example, Ruanda, once one of the poorest countries in the world is now growing at an amazing pace. The government decided to be the sophisticated ITC country because they do not have enough natural resources which other wealthy African countries, such as South Africa and Nigeria have. Also, they exercised strict control over political corruption to stabilize politics. Owing to the government’s policies, a lot of businesses emerged in the country. Those businesses will attract investors and provide employment. Employment and money will provide wealth and increase the population. These events cyclically occur and then finally we could find that the change as drastic.

Contrary to the example of the rising miracle Ruanda, sinking Japan, my country is now facing with the declining economy and population. Along with the declining population, inbound demand and manpower are also diminishing. The large assets which companies currently have may become no more than waste soon or later. Therefore, some companies such as my company, MUFG bank planned to reduce the employees by 10,000 in 10 years. To some extent, the business itself will be diminished, but we are expecting to gain more profitability as well as to adapt to the declining population and market by the down-sizing. For example, by robotics, we are going to realize unmanned branches.

Personally, I think most of the currently dominant technologies’ concept is “Fast and small”. Analytics technologies such as Big Data, Machine learning, AI accelerate the speed of making assumptions. And Robotics and Microservice enable those assumptions to be performed quickly. And Cloud allows users to utilize assets without paying the big upfront cost. Technologies support us to predict the future, create strategies, and perform them, but simultaneously, technologies make the world uncertain and intricate because the changes can be continuously brought by someone behind the certain point which we are now looking at. However, what we can do is to see what we can see, predict the future, and utilize the right resources or technologies at the right time in the right place.