Talk given in Feb2019 to a law firm in Cambodia about the Future is Faster than you Think. Covering 4 major areas: 1) Our exponential digital future including 4 forces driving the acceleration of the future 2) the Age of AI 3) Industry Case Studies: Legal Tech and FinTech (Digital Assets) 4) New models for Digital Innovation including Venture Building

1. The future is FASTER than you think:
tech trends and new business models
Prepared for Bun & Associates
13 February 2019
1

2. Hi.
2
My name is
Andries De Vos
CEO of www.slash.co

3. Hi-Tech
Startup Studio
We help clients
We build startups
www.slash.co
3

4. 4
We build
startups (JV)
We help clients
(corporates, startups)

5. 5

6. Part 1 |
Our Exponential
Digital Future

7. 7
The Chessboard Legend

8. 8

9. 9
The 4th Industrial Revolution

10. 10
Forces driving innovation are
accelerating and compounding

11. 11
Tomorrow’s speed of change will
make today look like we are crawling

12. 12
4 Forces driving
acceleration of future

13. 13
#1 Computational
Abundance (Moore’s Law)
#2 Tech as Open Interfaces
& Building Blocks
#3 De-monitization
#4 Capital Abundance

14. 14
#1

15. 15
#1

16. 16
#2
The history of the internet
is a history of interfaces
and information exchange

17. 17
#2

18. 18
#2

19. What is innovation today?
19
#2

20. The rapid exchange of
ideas through interfaces
The creation of open
building blocks, freely accessible
The building on top
of each others’ ideas
20
#2

21. 21
#3

22. 22
#3

23. 23
#3

24. 24
#3

25. 25
#3

26. 26
#3

27. 27
#3

28. 28
#3

29. 29
#3

30. 30
#3

31. 31
#3

32. 32
#4

33. 33
#4

34. 34
#4

35. 35
The Chessboard Legend

36. 36
We have now
entered the second half
of the chessboard …
change is accelerating

37. 37
The Future is Faster
than you think
#2

38. 38
• Singularity University (https://su.org/) -
YouTube
• Yuval Noah Harari – TED, YouTube and
Book ‘21 Challenges for the 21st Century’
• “Thank you for being late” by Thomas
Friedman
• Cambodia.AI & Startup Jungle Telegrams

39. Part 2 |
Welcome to the
Age of AI

40. AI
Last updated: 3 May 2017
Our Dec’17 talk at Startup Jungle: https://bit.ly/2k9Zn7B
40

41. WEAK AI
STRONG AI
2 types of AI
41

42. Type 1: “Weak AI”
Specific tasks, good tool
42

43. Type 2: “Strong AI”
General intelligence, super-human
43

44. WEAK AI
FOCUS OF THE TALK
44

45. TRADITIONAL SOFTWARE =
EXPERT SYSTEMS
engineer tells them how to do it
by programming rules
45

46. 46

47. Limits of expert systems: DARPA car challenge
2004: 0 finish 2005: 5 finish
47

48. 48
With AI, we as humans don’t tell
the machine what to do.
Not rule-based expert,
but data-based.

49. A (Input)
Examples:
Email
Image
Audio
English
Text
B (Response)
Spam (0/1)
Object (cats, dogs etc)
Text (speech recognition)
Khmer
Audio (A, B etc)
49

50. “MACHINE LEARNING”
50
The majority of AI applications.

51. Example of data clustering
51

52. Example of data clustering
with AI “Neural Network”
52
Layer 2
Layer 1 Layer 3 Layer 4

53. Each data classification
problem is different
We need a lot of AI models
or ‘algorithms’
This can get complex
53

54. 54
Some
examples

55. A FEW EXAMPLES OF AI
55

56. IMAGE RECOGNITION
56

57. 57

58. 58

59. 59

60. AUTONOMOUS SYSTEMS
60

61. 61

62. EMAIL REPLIES
62

63. 63

64. MESSAGING “CHATBOTS”
64

65. 65

66. 66

67. VOICE ASSISTANT
67

68. 68

69. 69

70. Think you can ignore AI?
Think again
70

71. From
Mobile-first
to
AI-first
71

72. 72

73. Is Cambodia ready for AI?
73

74. 2 challenges to start with AI
Access to Data Access to Talent
74

75. AI in Cambodia = embryotic
75

76. www.cambodia.ai
Join t.me/cambodiaAI
www.startupjungle.org
Join t.me/startupjungle
76

77. AI Master course
77

78. But we are optimistic
about AI Talent in Cambodia
78

79. Do you need a PhD
in ML?
Not for applied AI.
79

80. Soon, applied AI will be less
about research and PhDs
and more about Product
Engineering and Data
80

81. Average AI engineer with a lot of data
IS BETTER THAN
top AI engineer with little data
81

82. 82

83. We will allocate
AI engineers
for Cambodian market
ai@slash.co
83

84. Part 3 |
Industry Case Studies –
LegalTech and RegTech

85. The coming company
explosion
85

86. Companies are legal
constructs.
Companies enable
value creation.
86

87. Companies are ‘virtual’
87

88. Virtual is easy to automate …
88

89. For example: company creation
89

90. Yet company creation is stuck in the
world of paper & humans
90

91. Change is coming, all powered by
automation.
Massively increase speed, number and
complexity of companies
91

92. 4 types of jurisdictions
for company formation
92

93. 93
Type 1 Type 2 Type 3 Type 4
Company
Registrar
Majority
SG, HK, etc
On the rise
UK, NZ,
AU, AE etc
Pioneers
Wyoming,
Delaware
Offshore
BVI,
Cayman etc

94. There is a strong demand for
automated legal entity systems
And now the Technology is there.
But the Political drive?
94

95. 4 drivers of change
95

96. 96
#1
Demand for unambiguous signed data
to digitize provenance and digital identity

97. 97
#2
Need for legal entities on the fly,
to allow for automated
or code-supervised events

98. 98
Deal-based incorporation
Currently, for large deals
Future, also minor ones?
If 100x cheaper, yes

99. 99
#3
As world moves at speed of data,
legal process will have to follow

100. 100
#4
The need to ring-fence liability issues
introduced by new technologies

101. 101
Limited Liability Companies

102. 102
Limited liability to assets of
entity
Extraordinary vehicle for
innovation and prosperity

103. 103

104. 104
‘Self Driving Car’ = Liability Minefield ?

105. 105
Smart Limbs

106. 106
AI-powered Internet of Things?

107. 107
Decisions made by code
will interact with complex hardware
and impact the real-world

108. 108
History: from Paper to Algorithmic Trading
Velocity of finance: from days to nano-seconds

109. 109
What is the future Velocity of Legal?

110. 110
In near future, routinely create
networks of companies on-demand?
Will we? Our AI’s?
New use cases?
New partnerships?

111. 111
from manual to automated company creation,
to algorithmic incorporation?

112. Part 4 |
New Models for
Digital Innovation

113. 20th Century Playbook
Market Leader for Decades
113

114. M&A
114

115. Innovate by
Exception
115

116. 116

117. But R&D Labs
No control over
commercialization
117

118. 21st Century Playbook
Constant change
118

119. Continuous
Innovation
Innovate by
Design
119

120. 120
Model to
build your
next big
innovation?
120

121. Control of R&D and
Commercialization
Sounds like a “Startup”? Yes.
121

122. Startup Studio
Startup Factory
Venture Builder
Company Builder
122

123. A Startup Studio is
a Company of Startups
“We develop ideas into products and
products into companies”
123

124. 124
Hollywood Studio
124

125. Famous grads
125

126. 126

127. #1 Entrepreneur-led
127

128. 128
#1
STARTUP
STUDIO
Startups

129. Goal: find the ‘real startup’ faster
129

130. #2 Agency-led
130

131. 131
#2
STARTUP
STUDIO
Clients Startups

132. Goal: launch new scalable businesses
132

133. 133

134. 134
Commercialize?
Joint Ventures

135. #3 Corporate-led
Startup Studio?
135

136. 136

137. 137
Is this Studio
Playbook for
you?

138. 138
THANK
YOU
Contact us:
andries@slash.co

139. 139
Product Development Process

140. SLASH DIGITAL YOUR NEXT TECH PARTNE
www.slash.co
140
Step 1
Problem
Definition
UX Design
Product
Development
Need
Shippable
Product
Step 2 Step 3
Inspiration & Trends
Problem Framing
Ideation
Value Proposition
Ethnography
Frame Solution
Design Prototype
Design Assets
Tech Proof of Concept
Minimum Viable
Product
Soft Launch
Product Release
~1-4 Week Sprints
~1-4 Days Workshop ~1-4 Months Sprints
for POC-MVP

141. 141

142. SLASH DIGITAL YOUR NEXT TECH PARTNE
www.slash.co
142
Phase 1
Problem
Definition
UX Design
Product
Development
Need
Shippable
Product
Phase 2 Phase 3
Workflow
Lean Coach
Innovation Coach
UX / CX Designer
Design Th. Coach
Agile Coach
Scrum Master
Proxy Product Owner /
PM
Business Model
Canvas
Customer
Development
Lean Startup
UX Practices
Design Thinking
Scrum Methodology
DevOps Practices