The Four Seasons
January 15 and 16, 2002


agenda l key findings l speakers l participants l trends
KEY FINDINGS

KEY NOTE SPEAKERS
Dr. Ann Cavoukian, Ph.D., Commissioner, Information and Privacy Commission/Ontario
Edie Weiner, President, Weiner, Edrich, Brown, Inc.
    "Life in the Fast Lane "
Dr. Una Ryan, President & CEO, Avant Immunotherapeutics

ROUNDTABLES
Addicted to Adrenalin
Organizational Morphing
Nanotechnology
What Will It Mean to Be Human

CLOSING REMARKS
 
KEY NOTE SPEAKER
Dr. Ann Cavoukian, Ph.D., Commissioner, Information and Privacy Commission/Ontario
Our privacy is increasingly at risk. Seeking the consumer's consent, which is an essential component of privacy, is done in a very haphazard manner.
The attacks on the World Trade Center had an enormous impact on privacy. The pendulum swung completely in favor of security. Public safety is paramount, but it must be balanced against privacy. Anti-terrorism acts have extended law enforcement powers, and that can impact all of our freedoms well into the future.
Informational self-determination is the German term for every individual's constitutional right to determine the fate of his/her information. The Germans are the strongest protectors of privacy.
The Code of Fair Information Practices places restrictions on the collection, use and disclosure of information by government or businesses. Information collected, under this code, can only be used for the purpose for which is was collected - the primary purpose. Unfortunately, this code is violated all the time.
The United States has federal and state privacy laws, but no independent oversight agency, like Canada's Privacy Commission, to ensure compliance with the legislation - and no laws that protect information in the private sector.
European privacy laws are applicable to the public and private sector. To harmonize these laws across the European Union, they formed a Directive of Data Protection.
Privacy is good for business, and a lot of businesses are beginning to believe this. Treat privacy as a business issue, not as a compliance issue. Build privacy into your organizational culture and the design of every project right from the start. Your business will gain a significant competitive advantage.
A November 2001 survey revealed that privacy and security issues continue to be the major concern when it comes to shopping online. The absence of any meaningful privacy protection online and offline has resulted in consumer backlash.
Use your privacy policy to engender trust, not to mislead people. Media coverage of privacy issues has jumped 300 percent over the last four years. Privacy violations result in losses of revenues, a downward spiral of stock prices, and loss of market share.
Within a decade, privacy management will be one of America's great growth service industries. Chief Privacy Officer (CPO) is one of the fastest growing professional designations. Companies that don't dedicate a CPO encourage their CIO to expand his/her role to incorporate privacy.
Companies need to document their data flow of personal information. It's rarely done, and it's where every business must start to protect privacy.
Information in the wrong hands can change lives. In Canada, doctors are protecting patients from insurance companies, refusing to give anything more than the most basic personal information.
People are afraid of government and business tracking their whereabouts. Identity theft is the fastest growing form of consumer fraud. A National I.D. program wouldn't increase security, but is likely to result in more identity fraud. Encourage people to access their files, medical and personal files. Consumers must ensure that this information is accurate.
 
KEY NOTE SPEAKER
Edie Weiner, President, Weiner, Edrich, Brown, Inc.
"Life In the Fast Lane."
The world moves toward complexity, not simplicity. The instant a new trend emerges, the countertrend begins to emerge - not in spite of the trend, but because of the trend. And, in life in the fast lane, trend leads to countertrend at lightening speed, and the smart businesses capitalize on and profit from both.
Bio-medical Advances/ Diseases of Affluence
  Trend: We are moving into a decade when biomedical advances will be spectacular. Countertrend: As we solve health problems and because of our intelligence and affluence, we are creating new problems and diseases.
 

Socio-techno diseases:
• Carpal Tunnel Syndrome, a result of technology.

Psycho-social diseases:
• Stress, considered by insurance companies to be the number one cause of workers' compensation claims in the 21st century. Depression, afflicting more women than men.

Environmental diseases:
• Asthma, due to cleaner living environments. Diabetes, a major epidemic due to diets rich in fat and sugar.
• Cancer, due to over-exposure to light at night.

Knowledge diseases:
• Birth defects, due to knowledge about cholesterol. Diets low in fat during pregnancy reduce colane (sp?) in fetuses and impact intelligence.
• Attention Deficit Disorder, due to rapid brain development in young children and school systems that cannot keep them engaged. We are, as a result, drugging our most intelligent, out-of-the-box thinkers.

Choice/ Boredom
  Trend: Consumers expect/demand choice. Countertrend: Marketers are offering so many choices that we're bored. We can do anything, satisfy our options quickly and are anxious for the next new thing.
Deviance/ The Main- Streaming of Deviance
  Trend: We are moving toward greater deviance. Countertrend: We are moving toward the mainstreaming of deviance. The law of large numbers still applies, so marginal groups increase in proportion to majority groups. At the same time, the Internet is shrinking the world and building global communities of "deviants." As deviants increase in number and connect, they become markets and mainstream. .
Technology in the Fast Lane
  Educated incapacity afflicts us all. We know so much about what we know and do that we're unable to see how to do things differently. The less able we are, therefore, to find new solutions to the issues we face. It's time to see our lives and culture through the eyes of a child or an alien who know nothing of our world.
 

Pollution:
• Y2K will never be a thing of the past. Software glitches, computer viruses and hackers are the pollution of the next economy. The United States now spends 13 percent of GDP cleaning up pollution from previous agricultural and industrial economies. Over the next 10 years, we are likely to spend 10-18 percent of GDP to clean up software pollution.

Auction Economy
• Uniform pricing is a thing of the past. We live in a multi-money economy, haggling for prices with our price club cards, coupons and frequent buyer programs. But, we're not always paying the lowest price, particularly the most affluent and educated consumers. Time and convenience are more important than money, and we often buy what we want at the first place we find it, regardless of whether it's cheaper across town.

Cans and Cannot
• Society has always been concerned about the haves and have nots. The cans and cannots should be our focus. Many poor people go on to do great things, because they find opportunity. We must ensure that everyone who wants to move up is not handicapped by poverty. It's critical, therefore, to improve the public education system. Public schools are where "cans" have always learned the skills to succeed. If we don't improve public education, more have nots will become cannots, and we will be wasting enormous human and financial resources.

  Y2K will never be a thing of the past. Software glitches, computer viruses and hackers are the pollution of the next economy. The United States now spends 13 percent of GDP cleaning up pollution from previous agricultural and industrial economies. Over the next 10 years, we are likely to spend 10-18 percent of GDP to clean up software pollution.
Women In The Fast Lane
  The issues, decisions and challenges women now face are unprecedented in their complexity and long-term impact.
 

Men:
• Many men are retiring at the time their executive wives are hitting their strides. This will fuel a further increase in the number of divorces and create real business opportunities - jobs, hobbies, friendship networks, and travel clubs to keep older men busy.

Divorce:
• In the United States, 53 percent of all marriages end in divorce. At a time when many of us will live to be 100, therefore, all the assumptions we have made about our senior years are wrong. We may have no spouse. Many of us won't have children, or we'll have so many step-children that no one will know who will inherit our estates - if we have any money left at all.

Extending Life
• One in eight baby boomers will live to be 100. We are not, however, extending life at the end, but at the middle. From 35-70 years of age, we live the same age. Middle-age is now 69 and will get older as baby boomers age. Marketers and pharmaceutical companies will keep us young, but we may very well outlive our money.

Earnings
• Executive women are earning more than their parents, their children and their spouses. This is impacting how we deal with our families, how we raise our children and our relationships with spouses. We are hanging out with, taking as lovers, and marrying men who are not earning at our level - and this is very difficult for us and some of these men to deal with.

Think About This
 

Water
• Water is selling for $7.50 for 24 ounces. Gas is selling for $.99 to $1.49, depending on where you live and the octane. The United States is the only country paying more for water than gas, and we are fighting wars for gas. We will be fighting wars for water in the 21st century

 
ROUNDTABLE
Addicted to Adrenalin
Our addiction to adrenaline is driving us to constant innovation, to seek newness and to demand continuous entertainment. Companies are getting into trouble because they are being forced to innovate and merge too quickly.
The need for speed is replacing our traditional values with the need for more experiences. We live vicariously through Fear Factor, Survivor, and Who Wants to be a Millionaire. Today, entrepreneurial means being a millionaire by the time you're twenty-four, crashing, and finding the next fever-paced career and life.

This high-speed, addicted to adrenaline lifestyle is creating business opportunities in two key areas. First, permission to escape stress. Second, concierge services or elegance of navigation. People have so many choices that they need help searching and sorting through their choices and navigating complex situations.

Fifty years ago, we paid full attention to our families, our jobs, to everything about the institutions in our lives. Today, we pay continuous partial attention to everything we do. We're continuously figuring out what's our highest priority at any given moment and scanning to graduate our level of commitment to acknowledge what matters the most at any given instant.

Watch I Love Lucy. When Lucy talked to Ethel on the phone, she was fully engaged. Fast-forward to Seinfeld. While Jerry is on the phone, he's killing a bug, watching television, getting a pizza, etc.

In a fast-paced life, changing your environment and presenting yourself with a new challenge will be a rush, and that's positive. The need for speed can be a good thing and give you focus.
There are positive and negative energy surges. There's the high attached to true creativity. This is a grounded experience in which you can push the boundaries. Negative adrenalin addiction, the need to create crises to feel the thrill of meeting the deadline is often rooted in a dysfunctional childhood.
Addiction is divided into two categories: manic - sex, gambling, workaholic, over-spending, anorexia, for example - and sedative - alcohol, drugs, overeating excessive television watching. Biochemistry, in part, determines our addictions. All addictions, however, arise from trauma or neglect.
 
ROUNDTABLE
Organizational Morphing
Information is not power. It is so cheap. Power is implementation. You can know a lot, but if you do nothing with it, you have no power.
We're moving into the 21st century with a landscape littered with hybrid organizations. Now, industries are breaking apart. All companies in any field are not the same. Companies are centralized and decentralized; have virtual, contract, and permanent employees; have knowledge versus tangible assets, and structure those differently. Business-to-business, the old formulas do not apply.
After the passage of the Financial Services Reform act, the SEC is trying to come up with a set of rules by which to seamlessly regulate the banking and brokerage industries and is having a very hard time, largely because the boundaries between both industries have been crossed.

Information sharing is one of the biggest debates as organizations morph and merge. Management promises privacy, but the sharing of information across the various entities of any global organization contradicts the privacy and regulatory environments of most countries.

Industries need to form communities of interest in order to provide better personalization, efficiencies, and security. When people are comfortable with the privacy protections in place, we will open the door to a whole new sector of business opportunity.

We're moving into a new world of work. More people are leaving traditional corporate environments. They want to have more control over their lives and more challenging work.

Virtual employees are part of the companies they work for. They just work in a different way. However, flexible staffing structures increase risk and regulatory conflict as freelance people move back and forth across companies.

Outsourcing now extends to getting technology off the Internet. The pricing isn't there yet, but increasingly companies will be utilizing common technologies downloaded from the Internet.

Binge and purge people management is not helping organizations to maximize their investments in human capital. Most large companies manage human capital as part of their production function. That's not enlightened management.

The Internet companies - the first virtual companies - allowed people to reorganize work outside of the patriarchal structures. This appealed to a lot of women. It also taught us some hard lessons about what the markets value.

Corporate culture still matters. Clients choose service providers on their values and the way they work. Employees choose where to work based on culture, and consumers make buying decisions based on what a company stands for.

Before striking any strategic alliance, including with an outsourcing partner, go through a dating period. If there isn't a good cultural match between your business and your potential partner, break off the talks.

The crash of the dot-coms is going to lead to more creativity in larger organizations. Ex-dot-comers are coming back to traditional organizations and bringing with them their new ways of working and entrepreneurial points-of-view.
There is value to the information exchange and socialization that occurs when people work together in large group - or companies. The challenge for these companies is to break their numbers down into smaller socialization units so that ideas can flow more freely.
 
LUNCHEON KEYNOTE
Dr. Una Ryan, President & CEO, Avant Immunotherapeutics
It's so important to mentor. So many people remember what they really wanted to do with their lives and often they don't know how to do this. Mentoring can help them to make the shift.
Share your history. People learn - first of all, that no one makes a meteoric rise to the top. Some of the drudgery and tragedy of our career needs to be told. Tell your "pilgrim's progress" story, and you will hand on some success.
Remember yourself as a child and be a role model. Mentor yourself throughout your life.
The big challenges in medicine today are finding affordable ways to relieve pain and suffering and then finding ways to get those remedies to the people who need them. Healthy, wealthy Americans and Europeans will pay fairly high prices for a single-dose, traveler's vaccine for cholera, Typhoid Fever, Dysentery, etc. These are diseases that kill people in the third world. We need to find ways to get these vaccines to people who need them and don't have the money to buy them.
Arteriosclerosis, coronary heart disease is going to be the biggest cost to the healthcare system. It already accounts for 50 percent of all deaths. Many studies show that primary prevention early in life prolongs the onset of a first heart attack.
 
ROUNDTABLE
Nanotechnology
Nanotechnology is the world of tiny molecules. A nanosecond is a millionth of a second. Nanometers are millionths of a meter, and put everything at a molecular level.
Scientists believe they will be able to create, synthesize, build, and then program atoms to replicate themselves. We will then be able to create gold from gold, oil from oil, body tissue from body tissue.
Nanotechnology is changing the building blocks of most matter. Nanomanufacturing doesn't mimic, but emulates nature. This leaves us open to life-saving and life-altering advances, as well the abuse of power. We are working to design materials and technologies that are smaller, better, and faster.
Nanomedicine is experimenting with encasing rat cells in nanotechnology and implanting these in humans to regulate insulin in diabetics. Surveillance cameras are shrinking. Building materials are becoming smarter, lighter, more environmentally safe, and less expensive.
The product of nanotechnology will be new information and new information sources. Information will become power, because access to information, who owns it, creates it, controls it, and pays for it will be enormous issues.
Our lives have changed dramatically over the last 20 years because of our access to information. If nanotechnology allows us to create information chips, how will we control who produces and who gets access to this information. This is a global issue, and there is no framework for this or international consensus.
  We are always trying to catch up morally, socially and legally with the fact that science is zooming forward. Cloning and Stem Cell Research are happening, and if governments say "not here," this research will move offshore and be funded by private companies that are unregulated.
There is a huge gap between the people who are doing the biotechnology work and the public who are trying to understand it. The scientific community, out of fear of regulation, hasn't done a good enough job of communicating what they do and the value of their work
The Pharmaceutical industry has been an integral partner in advancing science. We cannot turn to government to subsidize medical education or research. They don't get it.
Medicine and science have been historically sexist. That's slowly starting to change. Enrollments of female students in medical and physics programs are beginning to match the available talent pools, but chemistry and engineering still lag behind
 
ROUNDTABLE
What It Will Mean To Be Human
We are approaching the point when human, animal, and machine will come together. Selective genetics, intelligent computers, implanted microchips, and brain mapping are our future. The implications for religion, education, free will, personality, and identity are far-reaching.
Any American who is not changed today because of what happened on September 11th has no soul.
Privacy is the foundation of freedom and what it means to be human. To be human is to be free. The fundamental thread that runs through all totalitarian states is the removal of privacy. To be human, we must be able to make our own choices, to be self-determining. It is our right to have a private life and to keep it private. We do not have to answer all the questions that governments ask us.
Science and technology ask how we are human. Theology asks why. Theology is rediscovering what it means to be human, focusing on three inter-related aspects: relationality, embodiment, and empathy.
 

• Relationality: "I think, therefore, I am," is shifting to recognize that we are inter-connected, and it's what happens between us that defines our humanity.

• Embodiment: We are not only defined by our relationality, but by what happens at the atomic, molecular, and cellular levels within our bodies. We all present many different selves to the world, and the only real way to know someone is to interact face-to-face.

• Empathy: There are many ways to understand other people. We listen, hear, and understand, but we also feel and can imagine - sometimes with very visceral responses - another person's experience. Because we can imagine these experiences, we can also imagine the consequence of our actions - which will lead us to good or bad - but, raises us above other species.

Stem cell research, genome research, and other biotechnology advances will result in personalized drugs, will alert all of us to our pre-existing conditions, and the way patients are treated. Gene-related patents don't pertain to specific genomes, but to the drugs that might bind to that particular gene. Protecting the intellectual property associated with this process or pathway is a meaningful business.
The boundaries between the organic and inorganic, cyberspace and meet space are blurring.
 

• Today, machine-to-machine and human-to-machine communication outstrips the amount of human-to-human communication.

• In 10 years, a single disk will hold every experience you have ever had in your life.

• Biological and molecular computing - using organic media which can be ingested - will be commercialized.

• Communities will increase in importance as individuals need to connect and reflect on their humanity.

• As more devises are manufactured from photo light images, handmade crafts will increase in value.

Computers can't do anything people don't tell them to do. They are not our masters, they are our slaves. Sometimes we make mistakes when we program them. Sometimes the wrong people get their hands on the right computers, but in the end they are passive.
Domain names are beginning to signify identity. Online, you can create as many identities as you like to support all the different people you are in your life or imagine yourself to be, and that can be good and bad.
Anonymity is not good for society. People do bad things when they re not accountable, and governments cannot keep track of their citizens. Yet, in some cases, anonymity is the only way to protect our rights.
Computers haven't made people as efficient as we had hoped they would. We've moved from thinking and initiating to responding and reacting.
Women have greater awareness of the need to find their voices and to be heard about what it means to be human - physically and spiritually.
 
CLOSING REMARKS
Esther Dyson, Chairman, EDventure Holdings
"Put one woman in a room of nine men, and she will be ignored. Put 10 women in a room of 100 men, and they will connect. Suddenly, they'll get noticed. We are moving towards a world that is both connected and decentralized."

"I don't want women, who have always been outsiders to be absorbed into the mainstream. We really want the mainstream to react and adapt to us. Our outsiderness gives us a clarity of vision, and it's important that we maintain this."