Three Main Lessons from SXSW
By: Riku Vassinen
28 presentations, panels and keynotes.
73 pages of notes on my Moleskine.
Plus lots of VR and AR demos and company booths.
Constant feeling of missing something out.
More interesting people, discussions and food for thought in a week than you usually have in months.
Sleep deprivation mixed with jet lag.
Painful muscle spasms in your leg because of 20hrs in plane to and from.
Too much fried food.
3D and Cheetos version of your head.
SXSW 2018 is over and it was truly inspiring experience.
Having had couple of days to reflect, these were the main threads that emerged across multiple different disciples:
1Â Â Â Â Â Big data to smart data
Many of the talks this year raised concerns about the way companies have been collecting data. As data points become more immersive such as facial recognition, the right way to utilize the data might not be hoarding masses of data. It is about using your data in smarter way. Blockchain could enable companies to utilize useful data but without the need for massive database around you. GDPR will be changing the data landscape radically in Europe.
In my Final talk of SXSW, Samantha Mathews introduced SoulPrize: innovation competition to create unified personal identity server device and accompanying platform that gives each person ownership over their own personal information and the ability to leverage that data as they choose. Currently they have raised already 10 million to the purse to find the solution.
Also it is good to remember that data itself is meaningless. What insights you can derive from data separates you from the rest. Immediately when we move to the interpretation of data, we will also start to manipulate data.
2Â Â Â Â Â Integration of everything
Many people back home have asked what is the buzzword of SXSW? And to be honest there is not any. Cutting-edge marketers have realized that it is not about shiny new object or catchphrase, but how that sexy new thing works with all the other touchpoints. Our audience does not separate digital and other ways of living. As AR and VR gets more mainstream, they will become as natural part of our life as using social media or messaging.
So many of the talks were about how to tie all the strings together. How you mine data from VR? How blockchain can help different industries? How cannabis industry is essentially forced to leapfrog in all the aspects of technology because of regulations? How legacy industries can work together with start-ups to innovate? How AI fuels all the parts of consumer journey?
The succeeding marketers in 2018 are integrators and conductors of this complicated world.
3Â Â Â Â Â AI requires and allows us to be more human
It was refreshing to hear many viewpoints about how discussion about AI is almost too soon. Many speakers said that we are currently using maybe only 50% of our human intelligence. In Australia there are fewer women in top leadership positions than there are men name John, Peter & Dave. USA reached all time-high in amount of female CEO´s: 5%.
All the research pinpoints that diverse teams are more successful but the same time 78% of people don´t trust their team mates. To survive era of AI we need to start working better together and appreciate and make better use of diversity. Â
Algorithms are also build by man and that means there can be biases (whether in training set or implicit). Interesting side effect in the rise of machine learning is that we need to start to focus more on âsofterâ things: selling, empathy, understanding come easily to humans than to robots. Whereas studying maths does not really make sense as robots will eventually be better in that in any case.
Steven Wolf Pereira compared AI to flying. Human needs to take the reign in take-off (setting your business goals) and landing (analysing, optimizing, changing the course). Actually flying is done by machines or planes.
In his Annual SXSW Interactive ending speech/rant Bruce Sterling talked about the need for our industry to add more art to tech. In many ways art is basic research of digital (and of course right now the worry in US is declining investment to basic research). You tinker and play with new digital things and eventually those plays will turn into future.
It is great to solve problems of today, but through the exploration of technology we can solve the opportunities of future. Â




















