The Next Renaissance
Daryl Bishop
The New Creatives
Business Solution Strategist
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Proposition
We are in the midst of the second ‘Golden Age’
or Renaissance
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1300 1700This way
to the
The Renaissance
Lets rewind to the turn of the 14th Century
Every Wave has its Epicentre
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So what characterisedthe Renaissance
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1300 1700
The Renaissance
The Great Artists
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1300 1700
The Renaissance
Not Just Art - Humanism
• The unique and
extraordinary ability of
the human mind.
• Reasoning
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1300 1700
The Renaissance
The Sciences
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1300 1700
The Renaissance
And the Spread of Knowledge
The Printing Press
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Why did the Renaissance Happen?
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1. Patronage
Lorenzo Medici1449 - 1492
Leonardo da Vinci1452 - 1519
Sandro Botticelli1445 - 1510
Michelangelo1475 - 1564
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2. Social and Political
Feudal Trade &
Commerce
1
• The Individual matters2
Merchant Republics
• Participation
• Political Freedom
• Intellectual crossroads
3
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3. Black Death
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How could a horror like the Black Plague be linked to a
cultural renaissance?
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3. The Results of the Black Death
• Familiarity with death caused thinkers to dwell
more on their lives on Earth
• Humility – Sponsorship of art
• Value of the working class increases
• Work Mobility
• Commoners enjoyed new freedoms
• Food and land prices declined by 30 - 40%
• Inheritance
• Economic Windfall for the lower & middle classes
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1300
The Renaissance
Let’s Fast Forward
1700
Today
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Observations
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Observation One – GFC Recovery
0%
10%
20%
30%
40%
50%
60%
70%
Mid-wage Low-wage
U.S. GFC Job Losses & Recovery
GFC - Job Loss
Post - GFC Recovery
Analysis
• Losses from the 2008 GFC
weren’t replaced
• Low-wage jobs such as
waiters retail recovered as
they can’t yet be automated
• Mid-wage jobs replaced with
automation
Source – U.S. National Employment Law Project
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Observation Two – Peak Jobs
Analysis
• Since the start of the GFC
Australia has created 2 part-
time for every full-time job
• At the bottom of the crisis,
Australia shed 189,000 jobs
while creating 198,000 part
time jobs
Source – Random Analytics Blog
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Observation Three
Source – Bloomberg
• According to a 2013
Oxford University
study, 47% of
occupations could be
replaced by
automation over the
next two decades
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Observation Four
Employees Market Cap
• 850,000 219,000
• 8350
• 50BN
• 200BN
• 12
• 63,900 8,800
• 1BN At time of Purchase
• 870M
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Observation Four
The link between Payroll and Market Value is
Unravelling
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Hypothesis
Automation is a major contributor to our next Renaissance and the emergence of the New Creatives
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Automation is changing our World
Rolls-Royce Drone Ships
• Safer,
• Cheaper
• Less polluting
Car Manufacturing
• Precision
• Speed
• Safety
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Automation is changing our World
Mine Automation
• Efficient
• Cheap
• Safe
Delivery Drones
• Packages to Customers <30 mins
• Customer Service
• Efficient
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Hyper Efficient Data Centers
Infrastructure • Non Standard • Highly Standardized
Location • Local, metro based • Based on primarily cost factors
Support Staff • 100 - 300 • <10
Ownership • Organization • Externally Operated
• Service Model
Yesterday Tomorrow
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Join The Dots – Past to Present
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Join The Dots - Patronage
1300 1700
The Renaissance1st Renaissance The Renaissance2nd Renaissance
2000 2040+
Lorenzo Medici
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Join the Dots – Social & Political
Feudal Trade &
Commerce Corporations Agile, start-ups
Merchant Republics
• Participation
• Political Freedom
• Intellectual crossroads
• The Individual Matters
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Join the Dots – The Black Death
Automation
• Free time from task based activities
to ones more creatively orientated
• Accelerate innovation
• Familiarity with death caused
thinkers to dwell more on their lives
on Earth
• Value of the working class
increases
• Creative people highly rewarded
• Supply and demand imbalance for
creativity
• Economic Windfall for the lower &
middle classes
• Creative Destruction, an agent for
change
• New markets and Opportunities
• The power of hungry minds
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So What Does this all mean?
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Creativity is your Edge
1. Competition will have the added dimension of:
Humans vs Automation
2. Creativity is our competitive differentiator
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So What Does this mean to me?
This will ultimately be a good thing
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When do I need to start planning?
This is happening Now
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Timeframes are Shrinking!
4000 BC125,000 – 400,000 BC
500 AD 15001300 1700
The Dark Ages The 1st Renaissance
1950
The
Industrial
Age 2040
1950 2005
The Computer
& Information
Age 2040+
The 2nd Renaissance
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Characteristics of the New Renaissance
Create Rather than Do
We Create
1
BuildsAutomation
Then
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Characteristics of the New Renaissance
Disruption Normalises2
Today
Tomorrow
vsvs
Jobs
vs
Jobs
X 1000
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Characteristics of the New Renaissance
Trained for Creativity4
Business
Education Institutions
JobsCreativity
Enabled
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Characteristics of the New Renaissance
NO LIMITS5
X
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What Should I do?
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The Two Dimensions of the New Creatives
1 You are a Creative
2 You will Support Creatives
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Take Home
1. Automate
• Drive Efficiency in your
business
• Tear down walls
• People, process, technology
2. Connect
• Connect with the Creatives in
your business
• Trust me – They’re there
• Discover what they need
3. Agile
• Provide the tools for your
businesses Creatives
• Be part of the revenue story
• No Limits
If you automate yourself out of
your current role your next one
will be better in every way
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One More Thing
Q. Why do we Implement
Technology
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One More Thing
A. To Do More with Less
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One More Thing
Q. Why do we Automate
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One More Thing
A. To free up Human Capital
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One More Thing
Q. Why do we need to free
up Human Capital
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One More Thing
A. To allow us to be Creative
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One More Thing
Q. Why be Creative
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One More Thing
A. That’s how Businesses Grow
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One More Thing
Q. But Why Should “I”be Creative
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Creativity Feeds
The SOUL
Daryl Bishop – A Creative
VMware Advisory Services
Australia & New Zealand
Mobile: +61 400 501 010
Skype: daryl.j.bishop
au.linkedin.com/in/daryljbishop/
My Contact Details