googles founders larry page and sergei brin understand advancing technologies better than almost anyone else does that is why they reorganized google as they did they realized that to survive the company needed to make structural changes to thrive it needed to unleash a new innovative spirit this is the type of thinking that every large company needs to do changes in technology are happening at a pace that was unimaginable before and will wipe out entire industries and new trilliondollar industries will emerge companies such as google which understand and lead the change will thrive industries such as indias it services which are holding on to old business models will become toast this disruption is happening because technologies such as computing sensors artificial intelligence and 3d printing are advancing exponentially and converging for more than 100 years the processing power of computers has doubled every 18 months now it has come to the point at which our smartphones are more powerful than yesterdays supercomputers were faster computers are now being used to design faster computers and computers and the information technology that they enable are absorbing other fields we are seeing startups coming out of nowhere to disrupt old industries note how in the us amazoncom disrupted bookstores and apple shook up the music industry mapping apps on cellphones have displaced gps devices and with these apps uber is transforming the taxi industry innovation has globalized business models and technology developed in one country can be easily exported to another thats why india has companies such as flipkart snapdeal and ola which are worth billions of dollars with robotics and 3d printing it is now cheaper to manufacture in the us and india than in china highly dextrous industrial robots that cost as much as a car can work alongside humans and do repetitive tasks the cost of operating them is less than the cost of human labour and the robots work 247 india can build a new automated manufacturing industry and export to the entire region its it industry can learn manufacturing and help western businesses automate their factories this is a bigger market opportunity than the market for it services ever was in the next three or four years smartphones will replace cellphones and a billion indians will become connected on the internet there are amazing opportunities in this to transform commerce education government and infrastructure management with aadhar having provided digital identities to a billion people digital currencies and cardless transactions have become practical every industry that deals with information especially banking can be modernized and disrupted oldline banks will surely be put out of business advances in sensors are making it possible to build inexpensive medical devices that work with smartphones an example is the swasthya slate a booksized device that performs 33 medical tests this delhimade device costs rs 35000 and is helping 25 million people in jk it could transform healthcare worldwide soon with ai software we will