An individual iPhone 10 in 2020 contains more computing power than every computer in 1986 on the planet - that's a fact that is often hard to get your head around.
But John Kim, president of platform and marketplaces at Expedia Group, believes the often mind-blowing progress that is being made year-over-year in technology should be embraced rather than feared.
Working on the principles of Larry Tesler, the so-called Father Of Cut And Paste who recently passed away, travel has countless "modes" (AKA friction) that could be alleviated with the application of new technology.
Speaking during a keynote address at the Phocuswright Battleground: Americas event last week, Kim outlines a number of factors that are coming into play:
- Mass productization of data.
- Vast levels of processing and storage power.
- Game-changing innovation in user experience.
He believes that the next, most influential and innovative company to emerge in the industry will be the one that sits between, Venn diagram-style, travel's pain points and the combination of all those emerging tech tends.
His speech is available to view here:
John Kim, Expedia - When cultural revolutionaries and technology meet
* The video of the startup competition in Phocuswright Battleground: Americas is now available here. PhocusWire's previous story is here.