Invited by Chalice Or and the CEO of the Hong Kong Trade Development Council, organisers of the annual Hong Kong Technology Expo, to give the main stage keynote.
Matthew GriffinFounder, President and Futurist, 311 Institute
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Chalice Or and the CEO of the Hong Kong Trade Development Council (HKTDC) invited Matthew to give the main stage keynote at the annual Hong Kong Technology Expo, one of the world's largest celebrations of new technology. Held at the Hong Kong Convention Centre on Victoria Harbour, the expo drew more than 400,000 attendees and over 1,000 exhibitors across three days, with audiences from Hong Kong and the Chinese mainland.
In line with the expo's theme, his keynote was titled The Future of Connected Living. He opened with how the world is changing: the technologies and global trends shaping the future, and the impact they are having now and will have on business, culture and society.
"These technologies enable a myriad of new disruptive business models, including disrupting the Asian banking and retail sectors with just a smart fridge."Matthew Griffin, Hong Kong, April 2024
He then turned to the disruptive business models these technologies enable, including how a single smart fridge could disrupt Asian banking and retail, the power of visionary leadership, and what connected living will look like.
He closed with a run through the latest emerging technologies, each one a challenge to industry incumbents and entrenched thinking: crypto mining cars, tax free Web 3.0 enabled living, the future of health and wellbeing, and cars, clothes and computer chips designed by AI.
311 Intelligence
What this means for your leadership team
Watch for rivals from other industries.
A smart fridge that can disrupt banking shows that competition can come from devices, not just other banks or retailers.
Think in business models, not gadgets.
Matthew focused on the business models connected technologies enable. The value sits in the services built on top of the device.
Challenge entrenched thinking early.
Each emerging technology in the session was a challenge to incumbents. Leadership teams that question their assumptions first keep the advantage.
Three questions for your next leadership meeting
Which connected devices could reach our customers before we do?
What services could we build on products our customers already own?
Which of our assumptions would a new entrant ignore?
The trends and technologies behind this session
From the 311 Starburst, the 311 Strategic Intelligence Unit’s map of the technologies and trends shaping the next 50 years.
Connected products become channels for new services, letting device makers and platforms compete with banks and retailers for the same customers.
How does Open Banking relate to this keynote?
Devices that offer financial services depend on access to banking data. The 311 Starburst tracks Open Banking widening into open finance.
What are Hardwired AI Model Chips?
They are chips with one AI model built permanently into the silicon, making AI cheaper to run in everyday devices. The 311 Starburst expects wide use around 2030.
How can 311 brief our leadership team on this?
Through a private executive briefing or leadership workshop, tailored to your sector, in person first.
Bring this to your leadership teamA private executive briefing or leadership workshop, tailored to your sector. In person first, anywhere in the world.
Analysis by the 311 Strategic Intelligence Unit, from Matthew Griffin’s session and 311 data.
If Matthew gave this session today
The technologies that will connect everything and everyone.
311 Institute's Future of the Connected World codex maps the technologies and trends that will connect everything and everyone, the same forces Matthew explored on the HKTDC main stage.