All countries will eventually need to rebuild their growth models around digital technologies and the human capital that supports their deployment and expansion.
Big Internet companies on average are capable of generating revenue of $1 million per employee, and that compares to 10 to 20 percent of that which is normally generated by traditional offline businesses of comparable size.
It’s very hard to hold onto new technology. It gets around.
The pace at which people are taking to digital technology defies our stereotypes of age, education, language and income.
The speed at which technology evolves affects everyone; we repeatedly hear that constant innovation is overwhelming for consumers, who struggle to keep pace.
Digital, it is not the destination.
I had been one of the earliest social media adopters, driven by a mix of curiosity and enthusiasm for the way in which it levels borders and connects people who couldn't really have connected otherwise.
Convergence of technology and the judicial system is the need-of-the-hour. We need to go digital and adopt online analysis of legal cases. Dissemination of legal knowledge to the common man will also a go a long way in improving the law and order situation in the country.
There will be no cost drag from digital by 2020.
Creative people are notoriously the slowest to adopt new technology.
I don't find the technology threatening. A lot of people my age, my generation, find it difficult to immerse themselves. But I would never preclude the idea of using any technology if I thought it suited the end result.
I think you’re going to see tech bringing efficiencies to businesses that aren’t pure tech.
Even in developing markets, we're seeing the growth of digital communication is proceeding at a very rapid pace.
If you want to deemphasise cash, then people should not only have an incentive for going digital but also a disincentive for doing cash.
Technology keeps progressing. Young people follow the curve. But as they get older, they get inertia, and they start deviating from that curve.
We all live such digital lives, there is no reason why we should not import this into our company.
Even in mature economies, digital's benefits to society are substantial.
I'm not against the technology at all, I just don't like to use it if it's just to mimic what you can do with traditional methods.
Luckily for both the tech industry and Hollywood, there is only one thing that counts - use of the Internet is still growing exponentially, as consumers shift to digital everything from analog.
If you ask me what I worry about every morning when I wake up, it's that I don't understand future mainstream Internet users' habits.
People get comfortable with technologies.
Digital is going to have five times the impact than the information era. Just because you led the first transition as a company or country, that doesn't mean you will lead in this one.
My daughter was the one actually who believed in social media - she pushed me to get into Instagram, Snapchat, and everything else.
Everybody at Axa has understood that digital is there, that digital changes our business, and also that digital can create an opportunity.
