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Emerging Tech Not Considered Very Productive by CEOs

Emerging tech has tremendous potential—but not a lot of CEOs see it that way. One writer argues that executives need to be more creative thinkers in optimizing the Internet of Things (IoT), artificial intelligence (AI), blockchain, and 3D printing.

Matt Hamblen writes, “The [IoT], artificial intelligence, blockchain, and 3D printing promise to improve productivity on a grand scale for enterprises, cities, and other organizations.

“Even so, CEOs and other senior enterprise managers rate such breakthrough technologies ‘very low’ in terms of productivity improvement in the next five years, according to a new Gartner survey of 388 senior executives. But it may be too early in the game to fully appreciate the potential benefits of these technologies, Gartner suggested.

“‘There seems to be a big, unexplored future,’ said Gartner Analyst Mark Raskino in a summary of the survey released Monday. ‘That [future] amounts to a leapfrog opportunity for a new generation of brave and creative business technology thinkers.’

“Raskino said CEOs and CIOs need to ‘completely reinvent’ the operating models they use for improving productivity that rely on the radical changes promised with IoT, AI, blockchain, and 3D printing. Those four, which Gartner calls general-purpose technologies (GPTs), can be applied in a variety of ways and are ‘capable of changing the way business and society work.’”

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