SBE Seminar with Researcher Joshua Pearce
Title: "Collaboration in Distributed Digital Manufacturing and Electricity Generation"
Abstract: Open source software has grown to dominate the software industry making up 100 percent of the operating systems of the world’s supercomputers, 90 percent of the cloud, 82 percent of the smartphone market, 62 percent of the embedded systems market and appears poised to dominate the future, with over 70 percent of the IoT. Free and open source hardware appears to be about 20 years behind open source software but is growing exponentially. Distributed manufacturing, which is a powerful fusion between online resources, modular and open-source tech, and point-of-source production devices, such as 3-D printers, will increasingly enable entrepreneurs to set up shop almost anywhere. Studies done at Michigan Tech have shown distributed digital manufacturing of open source hardware results in jaw-dropping price decreases in a wide range of product categories–from science and medical equipment to toys and consumer goods. At the same time distributed generation of electricity is the least expensive and fastest growing form of energy production in terms of both electric power as well as jobs (creating employment 12X faster than the rest of the economy) both in the US and the world. These two distributed trends appear poised to upend both conventional electricity generation technologies (70 percent of US coal plants are no longer economic) and manufacturing (digital DIY saves 90-99 percent compared to conventional processes).
This talk will look closely at how the collaboration between the School of Business and Economics and engineering might capitalize on the opportunities offered by these trends.
Wednesday, January 23 at 3:00 pm to 4:00 pm
Academic Office Building (AOB), AOB 101
1400 Townsend Drive, Houghton, MI 49931