Wearable Technology

Foresight Dictionary Wearable Technology

Definition Wearable technology refers to electronic devices or gadgets that can be worn on the body, either as accessories, clothing, or implants. These devices typically have smart capabilities, such as connectivity to the internet or other devices, sensors to monitor user activities, or the ability to perform specific tasks like tracking health metrics. Example The … Read more

Quantum

Foresight Dictionary quantum

Definition In futures thinking, ‘quantum’ refers to the application of quantum physics concepts to understand and predict complex, interconnected systems and potential futures. It emphasises non-linear thinking, probability, and the idea that observing a system can change its outcome. Example Computing The development of quantum computing and its potential to revolutionize fields like cryptography, drug … Read more

Visioning

Foresight Dictionary visioning

Definition Visioning is the process of imagining and articulating a desired future state. It involves creative and strategic thinking to define long-term goals, aspirations, and outcomes for individuals, organisations, or societies. This process often informs planning and decision-making by providing a clear vision to guide future actions. Example In the 1960s, the NASA moon landing … Read more

Foresight

Foresight Dictionary Foresight

Definition Foresight is the ability to anticipate and envision possible future developments and trends. It involves identifying potential risks and opportunities to guide strategic planning and decision-making. Actually, more than just strategic planning, futures thinking is often called ‘strategic foresight’ – being more strategic than just considering the future and using foresight as embracing more … Read more

Complexity

Foresight Dictionary complexity

Definition Complexity refers to the state of being intricate, interconnected, or multifaceted. There are non-linear interactions and dynamic feedback loops. Complex systems cannot be easily simplified. It requires a systems thinking approach to understand and navigate. A complicated system however, is easier to reduce to a model or diagram. Example Poly Crisis Adam Tooze’s Poly … Read more

Trends

Foresight Dictionary trends

Definition Trends are patterns of change or development in a particular direction over time. Trend analysis is the practice of collecting information and attempting to spot a pattern, or trend, in the information. Example The rise of remote work is a significant trend that has been accelerated by the COVID-19 pandemic. Companies like Gallup have … Read more

Black Swan

Foresight Dictionary Black Swan

Definition Nassim Nicholas Taleb popularised the term ‘Black Swan Event’ when referring to an unexpected, unforeseen event that has a huge impact. The metaphor of a black swan originated from the presumption that all swans were white, based on centuries of observation, until black swans were discovered in Australia, challenging the previously held assumption. Similarly, … Read more

Anthropocene

Foresight Dictionary anthropocene

Definition The Anthropocene is a (contested) term used to describe a new era in Earth’s history that started when humans began having a major impact on the planet. This includes things like climate change caused by human activity, the extinction of many plants and animals, and big changes to the land, oceans, and atmosphere. Example … Read more

Robotics and Automation

Definition The field of robotics and automation involves the design, development, and use of machines (robots) and computer systems to perform tasks traditionally done by humans, often with increased efficiency, precision, and speed. Example The automotive industry has widely adopted robotics and automation, particularly in assembly lines. For instance, Tesla’s Fremont factory uses hundreds of … Read more

Anticipation

Foresight Dictionary Anticipation

Definition Anticipation in the context of futures thinking or strategic foresight refers to the ability to foresee and prepare for future developments, challenges, or opportunities. It involves analysing trends, identifying potential scenarios, and taking proactive steps to adapt or capitalise on them. Example Disney’s Theme Park Expansion: Disney strategically anticipates future trends in entertainment and … Read more