Idealog – July 26, 2019

Idealog.co.nz | The Transformation Issue

ideas log

015

BY THE NUMBERS

$1.1 billion

How much was invested in New Zealand companies

in 2018 from private equity and venture capital funds.

$99.1 million

The amount of angel investment in early-stage

tech companies in New Zealand in 2018.

$11.1 billion

The revenue generated in New Zealand’s

tech sector in the past year.

One cent

The minimum investors can invest per trade on

the NZX, thanks to Sharesies joining the NZX. It

-9;,'32£@-2='9;1'2;6£!Ĥ381-2'> '!£!2&

3ø'8-2+(8!$ধ32!£-9'& 9,!8'9W

20 to 40 years

,'!13<2;3(ধ1'68'&-$;'&#@The End of Sex

And The Future of Human Reproduction author Henry

T. Greely where people will stop having sex to make

babies and instead choose to conceive them in a lab.

8 million

The number of people that have been through





9-2$';,')89;;'9;;<#'#!#@>!9#382-2ˆŽ¥W

2.32 billion

The number of global users of Facebook, according

to its most recent earnings report.

24 hours

The deadline in which tech companies like Facebook

and Google have to remove content by that the

French government deems to be hate speech. (^) ■
WHY THIS MATTERS
The World Health Organisation has warned
that that mental illness will be the primary
cause of disability and absence in the
workplace by 2030 if we don't act now.
Closer to home, according to the 2017 Wellness in the
Workplace survey by Southern Cross and Business NZ,
stress has increased by 22.9 percent across all businesses
in New Zealand in two years.
Meanwhile, absenteeism and presenteeism is a serious
problem – costing employers NZ$2 billion annually. High
rates of absenteeism mean employees aren’t as productive
as they could be, which results in lower profitability, job
growth and more likeliness of errors.
Businesses that don't recognise this link between
wellbeing, increased engagement and performance may
find themselves not meeting their full potential, pushing
outdated business models or losing valuable staff.
THE TOP 10
WORST TECH
INNOVATIONS
OF THE
CENTURY
MIT Technology Review has
published a list of the worst
tech innovations from the
past two decades. Some were
too early to market, others
caused more problems when
they solved, while some put
investors ahead of customers.
Overall, they all shared one
thing in common: they failed
in finding a sustainable,
regenerative business model.

1. Segway


2. Google Glass


3. Electronic voting


4. One laptop per child


5. CRISPR babies


6. Data trafficking


7. Cryptocurrency


8. E-cigarettes


9. Plastic coffee pods


10. Selfie sticks