In a world of digital natives, businesses need to embrace discontinuous thinking
Add BT as a preferred source
LESS than 20 years after Apple launched the iPhone, almost seven billion people, 86 per cent of the world’s population, have a smartphone – more than those who own a toothbrush or have access to electricity and an indoor toilet.
And, boy, are we making use of these devices. Singapore residents spent an average of 5.3 hours a day peering at their phone in 2022, according to industry tracker App Annie – receiving, as a reward, dopamine-induced gratification from every glance at this ultra-addictive and hypnotic screen.
The societal consequences in terms of shortened attention spans, distraction and ultimately disconnection from our fellow human beings deserve a rigorous and wide-ranging debate. Meanwhile, companies have to deal with the economic consequences of this change.
TRENDING NOW
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Can Vietnam’s small-business backbone survive a compliance squeeze – all at once?
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Not in education, employment or training: Why more Hong Kong youths are opting out of work
