Press release

Reinventing the future: essential insights from DTX London 2024

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At a time when artificial intelligence promises to reshape every facet of our lives, the tech industry is caught in a dizzying dance of progress and prudence. This delicate balancing act was fully displayed at the Digital Transformation EXPO (DTX) London 2024, where the air crackled with excitement and apprehension. 

As industry titans and innovators converged at ExCeL London in early October, a central question emerged: how do we harness the transformative power of AI while safeguarding the essence of our humanity?

The event’s theme of ‘reinvention’ wasn’t just a catchy slogan; it was a rallying cry for an industry at a pivotal moment. From calls for a pause in AI development to warnings of “digital cage fights”, DTX London laid bare the complex tapestry of challenges and opportunities that define our technological future. 

As we stand on the brink of unprecedented change, one thing becomes clear: the path forward demands technological prowess, deep ethical reflection, and a renewed focus on the human element in our digital age.

A call for mindful innovation

The opening keynote, delivered by Britain’s leading psychological illusionist Derren Brown, set a thought-provoking tone for the conference. He called for a pause in AI development to ensure that technological products serve humans, not vice versa. “We need to keep humanity in the driving seat,” Brown emphasised, challenging the audience to rethink the breakneck pace of innovation.

Brown’s talk wasn’t just about technology; it was a philosophical journey through the concept of happiness. From ancient Greek philosophies to modern-day pursuits, he painted a picture of happiness as elusive as a rainbow – always seeming to move further away as we approach it. His advocacy for stoicism and its central tenet of controlling only what’s within our power resonated deeply with an audience grappling with the unpredictable nature of technological change.

While Brown’s call for caution was well-received, it starkly contrasted with the sense of urgency permeating the rest of the conference. Piers Linney, Founder of ImplementAI and former Dragons’ Den investor, in a particularly vivid analogy, likened competing in today’s market to “cage fighting – to the death – against the world champion, yet having Ironman in one’s corner and not calling him for help”. His message was clear: innovate or become irrelevant.

This sentiment was repeated across various panels and presentations. Michael Wignall, Customer Success Leader UK at Microsoft, warned: “Most businesses are not moving fast enough. You need to ask yourself: ‘Am I ready to embrace this wave of transformation?’ Your competitors may be ready.” His advice was unequivocal: “Do stuff quickly. If you are not disrupting, you will be disrupted.”

A human touch

Amid the calls for rapid innovation, a crucial counterpoint emerged: the need for human-centred tech design. In a main-stage panel I moderated, industry experts stressed the importance of listening to and learning from customers. 

Gavin Barton, VP of Engineering at Booking.com, advised: “Really focus on the outcome you’re looking for. Look at the problem rather than the metric; ask what the real problem is to solve.” This sentiment was echoed by Sue Daley, Director of Tech and Innovation at techUK, who cautioned against unquestioningly jumping on the AI bandwagon. “Think about what you’re trying to achieve. Are you involving your employees, workforce, and potentially customers in what you’re trying to do?”

Dr Nicola Millard, Principal Innovation Partner at BT Group, introduced the concept of the “3 Us” – Useful, Useable, and Used – as a framework for evaluating tech innovation. She emphasised the importance of testing and learning from failure.

Exploring the dark side of innovation

While much of the conference focused on technology’s positive potential, Jake Moore, Global Cybersecurity Advisor at ESET, provided a sobering reminder of its darker applications. In his talk, ‘The Rise of the Clones’, on the Cyber Hacker stage, Moore discussed how he had used deep fake video and voice technology to gain entry to a business and commit small-scale fraud. 

This demonstration served as a chilling reminder of the potential for misuse of AI technologies. Moore quoted the late Sir Stephen Hawking’s warning that “AI will be either the best or the worst thing for humanity”.

DTX 2024 also highlighted the tech industry’s ongoing struggles with diversity and inclusion. Baroness Jones of Whitchurch, Parliamentary Under-Secretary of State for the Department for Science, Innovation and Technology (DSIT), highlighted the stark reality: women make up less than 30% of all workers in the tech sector, and less than 10% come from lower socio-economic backgrounds. The potential cost of this lack of diversity is staggering – £250 billion could be added to the economy if women started and scaled businesses at the same rate as men, she said.

Another key topic was the need for neurodiversity in tech teams. Holly Foxcroft, Head of Neurodiversity in Cyber Research and Consulting at Stott and May Consulting, led discussions on creating neuroinclusive organisations. The takeaway? It’s not about ticking boxes; it’s about creating psychologically safe spaces and making simple, often inexpensive adjustments to accommodate different working styles.

Innovating lessons from a gaming giant

Adding a touch of gaming stardust to the proceedings, John Romero, the legendary game designer considered the inventor of the first-person shooter genre, shared his innovation principles. Romero, whose groundbreaking work on titles like Wolfenstein 3D (1992) and Doom (1993) revolutionised the gaming industry, drew surprising parallels between game development and the current AI revolution.

At first glance, Romero’s presence at a digital transformation conference might have seemed unusual. Yet his insights proved invaluable, demonstrating how the fast-paced, highly competitive world of game development can offer crucial lessons for navigating the AI landscape.

The gaming pioneer outlined five fundamental innovation principles:

  1. A new idea is not enough: Romero emphasised that innovation isn’t just about having a novel concept. It’s about execution and bringing that idea to life in a meaningful way.
  2. The ability to execute the idea is vital: This principle underscores the importance of having the skills, resources, and determination to turn concepts into reality – a crucial reminder for businesses looking to leverage AI technologies.
  3. Romero argued that the right idea must come at the right moment. Timing is crucial. This resonates strongly in the current AI landscape, where being too early or too late with an innovation can be equally detrimental.
  4. Know what to keep and what to cut: Romero stressed the importance of ruthless prioritisation. In the world of AI, where possibilities seem endless, knowing what to focus on and what to discard is a vital skill.
  5. Leverage the latest technology to accelerate innovation: Just as game developers push the boundaries of hardware capabilities, Romero encouraged attendees to exploit emerging AI technologies to drive innovation forward fully.

Balancing progress and prudence

As the curtains fell on DTX London 2024, attendees were left with a complex tapestry of ideas and challenges. The call for rapid innovation was clear, but so, too, was the need for thoughtful, human-centred design. The potential of AI to revolutionise industries was evident, but so were the risks of its misuse. The importance of diversity and inclusion in driving innovation was underscored, as was the government’s role in fostering a progressive yet safe technological landscape.

The overarching message? In this age of AI-driven reinvention, the tech industry must walk a tightrope between innovation and responsibility. As we hurtle towards an AI-powered future, we must ensure that our technological progress enhances rather than diminishes our humanity. 

The challenge for leaders in the tech industry is clear: to innovate at pace while keeping a steady hand on the ethical tiller, ensuring that in our rush to reinvent, we keep sight of the very things that make us human.