Surgery by Livestream
Smart classrooms that beam knowledge into students’ heads…almost entirely automated farms…mankind having the ability to fly…
These were all predictions made in 1899. And they got it all right…
Students can beam knowledge about almost anything from a screen right into their heads. Farming output has increased while the population of famers has diminished. And that’s largely thanks to automated equipment. Mankind has also taken to the skies, although we’ve had some trouble with that of late.
In 1899, they got it all right…sort of.
OK, I might be fibbing a bit. The futurists of 1899 didn’t get it exactly right.
Source: Little Things
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And how could they? They had no concept of mobile phones or digital screens. How could they imagine the possibilities of such technologies?
Their general ideas were solid, at least. The details just turned out to be a little different. The same will likely happen in the Internet 2.0 world.
You might remember yesterday, I talked about two moments in history. The first was the creation of the internet. The second was the creation of the Web.
From both spawned the digital world you see today, either directly or indirectly. Without either, companies like Google, Facebook and Amazon may never exist.
I also briefly mentioned a third moment in history. It will be built atop of the first two. And the world may be drastically different because of it.
It’s the next evolution in connectivity and you’re living through it right now…
1,000 years into the future…
Now it’s my turn to look silly.
What kind of tech will exist 1,000 years into the future?
I’m going to guess we will have mastered artificial intelligence. Or maybe it will have mastered itself. It will speak, interact, listen and remember just like you or me. The only difference is it can process data exponentially faster.
We could also have nanobots swimming around in our bloodstream. They’ll not only fight off infection, but enhance our natural abilities.
And forget manual labour for construction. I envision tiny microscopic robots that will construct themselves into whatever shape or building we desire.
Doesn’t sound too laughable for 1,000 years into the future?
I bet somewhere along the line I end up looking like the futurists of 1899. My ideas might be sound, but I’ll bet the details are way off.
All I can be sure of is that the future will be different, let’s put it that way.
In yesterday’s video, I talked about one type of futuristic technology. And it’s only possible if we have this next evolution in connectivity.
That example was remote surgery.
A Melbourne-based paediatrician delivering lifesaving surgery to children across the other side of the world. How? With robotics and an extremely fast connection speed of course.
Maybe this will give you a good mental picture…
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It’s from that new Samsung ad. The girl is getting a tattoo from a dexterous robotic arm. The tattoo artist is controlling the arm in another state, maybe even another country from his tablet.
Something similar might be just around the corner for surgeons.
And it could be one of the greatest leaps forward to disseminate the highly detailed skills that surgeons acquire over the years.
You may remember the recent separation of conjoined twins Nima and Dawa. These Bhutan born babies came all the way to Melbourne to have the six-hour procedure.
Why not get some surgeons in Bhutan to do it? There were none available. None qualified or experienced enough could pull it off. So they came to Melbourne.
But with this next evolution in connectivity, complex surgeries like this might all be done locally, via a robotic arm and live stream. This tech likely isn’t 1,000 years away either. Maybe just a few years…
The same goes for driverless cars. In the video above, I mention estimates of how much data driverless cars eat up and spit out.
It’s about 4,000 gigabytes per hour. To put that into context it’s like streaming 4,000 Netflix movies…ALL AT ONCE.
And this is just one car for one hour. Imagine how much data will be flying around with a road full of these autonomous cars.
Point is we need this next evolution in connectivity. With it, possibilities like remote surgery and driverless cars, which are mere inches from our fingertips, become achievable. But without it we don’t get there.
We need faster connection speeds. We need a network with more capacity. We just need more.
What about the NBN?
What a joke. The NBN is yet to be fully rolled out. When it’s complete, it won’t even be 100% fibre. It’ll be a mix of fibre and copper wire.
Such a network won’t dramatically improve our connection speeds. Maybe you’re already on an NBN plan. If you are, you’ll know what I’m talking about.
That’s why we still need this next evolution in connectivity. With it, we leap into the future. Without it, we just don’t get there.
And boy, do we Aussies need it. Take a guess where we stand at fixed broadband speeds?
Top 25? Nope. Top 40? No, again.
Australia comes in at number 60 for fixed broadband speeds. We’re behind names like Uruguay and Serbia.
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I think it’s pretty clear the government can’t fix this problem. They tried their best and they gave us the NBN.
No. This job will be left up to the private sector. They’re already rolling out the infrastructure for this next evolution in connectivity in fact. And it’s not just in Oz but in China, the US, the UK and most other G20 nations.
When the Internet 2.0 finally goes live, I don’t think it will be that hard to guess what happens next…
Two ASX opportunities
I expect hundreds, no, thousands of businesses will be scrambling to benefit from this third moment in history.
Not only will it pave the way for new technologies, but new businesses and income streams as well.
Google, Facebook and Amazon, I’m sure they’ll all benefit from this next generation in connectivity. But they probably won’t be the names that double overnight.
The really big winners from this opportunity will likely be found in the smaller end of the market, where $50 million in sales is a noticeable addition.
Down here in the bottom of the market, you might see stocks rise 100%, 200%, maybe even 300% on this opportunity.
With that in mind, I decided to go on a hunt a few months ago. I wanted to find the few stocks that could really benefit from this Internet 2.0 evolution.
I kept coming back to two names. These two ASX stocks, I believe, could really benefit from our ever-increasing data-filled world.
One is involved in the infrastructure build-out. The other could see a myriad of customers jump onto their system as we move to a cloud-dominated world.
I’ll reveal more about both in a report that goes live tomorrow.
See you in the future,
Editor Money Morning
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