The economic landscape is experiencing transformative shifts, fueled by breakthroughs in advanced technologies like artificial general intelligence (AGI), quantum computing, and the emergence of new growth centers in Asia and Africa. These advancements are transforming industries, economies, and societies, pushing businesses to rethink how they operate and grow. AGI and quantum computing are not just technological innovations — they are disruptive forces reshaping everything from supply chain optimization to human-computer interaction. Simultaneously, Africa and Asia are emerging as the next economic powerhouses, bringing new opportunities for investment, talent, and innovation.
Frost & Sullivan’s webinar, “Top 5 Transformational Megatrends to 2040: Exploring the Future of Adaptive Education, Advanced Computing, and the Next Global Growth Centers,” convened leading experts to explore the five most impactful megatrends set to define the future of business, technology, and society. Experts: Malabika Mandal Ray, Global Research Manager, Frost & Sullivan; Ankit Shukla, Vice President – TechVision, Frost & Sullivan; Sukriti Mahna, Senior Analyst – TechVision, Frost & Sullivan.
To gain valuable perspectives from these experts and access the recorded session of this webinar, click here.
What Were the Transformative Viewpoints Discussed During the Webinar?
- Harnessing the Power of AGI, 6G, and Quantum Computing: The integration of AGI, 6G wireless connectivity, and quantum computing is revolutionizing industries, transforming everything from communication networks to human-computer interaction. These advancements will accelerate the development of brain-machine interfaces and push boundaries in computational power, driving innovation across sectors like healthcare, aviation and more. As investments in generative artificial intelligence (GenAI) are expected to reach $12 billion by the end of 2024, the opportunity to harness these disruptive technologies has never been greater – Which strategies and business models will enable your organization to leverage AGI, 6G, and quantum computing for competitive advantage?
- Addressing Critical Gaps Through Corporate Upskilling: In an era of rapid technological transformation, the shortage of skilled professionals has become a pressing challenge for organizations across industries. Upskilling initiatives like Walmart’s Correlation One program are addressing this gap by equipping employees with in-demand skills such as data analytics and software development. These efforts not only bridge skill gaps but also empower employees to contribute more effectively to business growth – Is your organization prepared to mitigate skill shortages by implementing targeted upskilling programs?
- Optimizing Operations with Quantum Computing: The advent of quantum computing promises to transform industries such as supply chain management and logistics by solving complex optimization problems faster than traditional computing methods. When integrated with technologies like Internet of Things (IoT) and geolocation, quantum computing will enhance decision-making accuracy and operational efficiency – How will your organization capitalize on quantum computing’s potential to streamline operations and improve real-time decision-making?
- Leveraging the Gig Economy for Innovation and Flexibility: As the workforce ecosystem evolves, companies are turning to the gig economy to balance profitability and workforce flexibility. By incorporating gig workers with specialized skills, businesses can reduce overhead costs while driving innovation in key areas. This shift allows organizations to remain agile and responsive to industry changes – Is your organization ready to integrate gig economy talent to foster innovation and drive operational flexibility?
- Accelerating the Transition to Clean Energy with Green Hydrogen: The global push toward limitless clean energy is advancing through the adoption of electric vehicles (EVs), nuclear fusion, and the growing use of green hydrogen. Leading economies like China, the United States, and the European Union are driving this shift, with green hydrogen emerging as a key alternative to fossil fuels, promoting energy independence and sustainability. How is your organization preparing to integrate green hydrogen and lead the transition to 100% clean energy?
- Africa and Asia: Emerging Growth Centers and Expanding Consumer Class: Africa and Asia are rapidly becoming global economic powerhouses, driven by growing working-age populations, rich mineral resources, and significant investments in renewable energy. With India and China leading the way, 40% of the world’s largest companies are now of Asian origin. Additionally, the rising middle class and younger populations, including Generation Z, Generation Alpha, and Generation Beta, are reshaping consumer markets and creating new business opportunities. How is your organization positioned to tap into the talent, resources, and evolving consumer base in these regions?
“When most of the developed countries will see a hyper-aging society, these regions will see an increase in younger population like Gen Zs, Alphas, and Betas. This gives Africa and Asia a diverse consumer class, pushing economic growth and opening new opportunities for businesses operating in these areas.”
Malabika Mandal Ray – Global Research Manager, TechVision
“When most of the developed countries will see a hyper-aging society, these regions will see an increase in younger population like Gen Zs, Alphas, and Betas. This gives Africa and Asia a diverse consumer class, pushing economic growth and opening new opportunities for businesses operating in these areas.”
Sukriti Mahna, Senior Research Analyst, TechVision
“Businesses are progressively investing in green hydrogen production projects. It’s not only about replacing carbon-intensive fuels, but also reducing energy dependence. For instance, Amazon has already partnered with Plug Power to deploy hydrogen-powered forklifts, marking the beginning of this green energy revolution.”
