[Cancelled. Please consider IPRO 497-200 on Tuesday afternoons which offers a similar IPRO experience, or the other Friday morning IPRO sections.]
Twelve emerging technologies are poised to change the world and how we live our lives. This spans technologies like energy storage, automation of knowledge work, and autonomous vehicles. According to the McKinsey Global institute, the market for Internet of Things (IoT) could be worth $4 trillion alone. Businesses need new strategies, policy makers need new social policies, and technologists need to make the technology useful to our lives. The leaders of our institutions need to identify and carefully evaluate potentially disruptive technologies early in their lifecycle as they begin to impact the world we live in. At the same time, significant problems in our world limit opportunity for many. In this IPRO class we will examine how disruptive technologies might be brought to bear on global challenges, changing the ways people live and work and how companies, industries, and economies function. The 12 world-changing technologies and 10 global challenges are listed below:
12 World-Changing Technologies: (1) the mobile Internet; (2) Automation of knowledge work; (3) the Internet of Things; (4) cloud technology; (5) advanced robotics; (6) autonomous and near-autonomous vehicles; (7) next-generation genomics; (8) energy storage; (9) 3D printing, scanning, and advanced manufacturing technologies; (10) advanced materials; (11) advanced oil and gas exploration and recovery; and (12) renewable energy.
10 Global Challenges: (1) food security; (2) economic growth and social inclusion; (3) climate change; (4) environment and natural resource security; (5) the future of the global financial system; (6) the future of the internet; (7) gender parity; (8) international trade and investment; (9) long-term investing, infrastructure and development; (10) healthcare.
The purpose of this IPRO project is to inspire and encourage new venture concepts in a dynamic, multi-team workshop environment that cultivates interaction, serendipitous connections, breakthrough thinking, and a touch of competitive spirit. A successful student project is one in which the student team has envisioned and positioned a locally-experienced problem within the larger context of global challenges, and makes a persuasive, user-centered case for a solution using one or more of the 12 disruptive technologies.
Approach. IPRO team members will be encouraged to craft their own new venture ideas and concepts based on a combination of the 12 emerging technologies and the 10 global challenges listed above. Students are expected to fully explore the multiple modalities of the human-centered design process including: problem framing, user research, data analysis (both quantitative and qualitative), insight synthesis, ideation, concept development, prototyping to learn, and iteration. Teams will be encouraged to quickly find an entry point into their project, frame up a problem, prototype solutions, test with users, communicate their learnings, and iterate at least two times before final presentations at IPRO day. They are required to identify and collaborate with at least three users who are experiencing the problem they seek to solve, and at least one faculty member or other expert who can help to guide their project with up-to-date domain information and feedback on prototypes.