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Using Scenario
   Analysis to
Predict the Future
      of the
 Semantic Web
     August Jackson
     Ernst & Young
I work for Ernst & Young


One of the largest audit, tax and advisory firms in
the world

This material does not constitute advice related to
any of the services the firm provides

Mentions of firm clients do not constitute an
endorsement or recommendation to invest

All opinions expressed here are solely my own
@8of12                                          #slacid
“It's tough to make
   predictions, especially about the
   future.”




@8of12                                 #slacid
Semantic Web: Threat or
   Opportunity?




@8of12                       #slacid
Disruptive technologies follow non-
   linear improvement curves




@8of12                                   #slacid
Questions?
Scenario analysis enabled us
   consider possible futures and create
   meaningful early warning systems




      High                       Significant
                  Disagreement
    Uncertainty                    Events



@8of12                                     #slacid
A clear problem statement is critical to
   a quality scenario analysis



         Subject Domain   Customer Segment




           Timeframe         Geography



@8of12                                       #slacid
STEEP framework aligns trends and
       uncertainties


                                                            Environment
      Social        Technological           Economic                               Political
                                                                   al
•   Demography      • IT           • Drivers of            • Air quality      •   Laws
•   Family life     • Biotechnology growth                 • Water quality    •   Regulation
•   Public health   • Materials    • Inhibitors of         • Arable land      •   Elections
•   Religion            science             growth         • Climate trends   •   Political power
•   Culture         •   Manufacturing   •   Monetary       • Resource             distribution
•   Beliefs                                 environment     availability      •   Conflict
                                        •   Business                          •   Litigation
                                            cycles                            •   International
                                        •   Wealth                                Relations
                                            distribution



@8of12                                                                                 #slacid
Seek a diversity of expertise to identify
                    the critical trends and uncertainties
 Internal Sources




                                       Sales and Marketing
                    Management                                    R&D
 External Sources




@8of12                           Customers            Academics    #slacid
Isolate the two or three critical
   uncertainties to create three to seven
   scenarios                 Extreme State Z Extreme State A
    Critical Uncertainty 1




                                                               Extreme State A      Extreme State Z

                                                                     Critical Uncertainty 2
@8of12                                                                                                #slacid
Questions?
Here’s the problem scope we’ll
   address in a very high-level analysis

          Subject Domain:
           Application of      Customer Segment:
             semantic               Knowledge
          technologies to       Professionals and
         models for research    their Stakeholders
            and analysis


             Timeframe:           Geography:
              3-5 years             Global


@8of12                                           #slacid
STEEP framework aligns trends and
         uncertainties

                                                                        Environment
       Social             Technological               Economic                                    Political
                                                                             al
• Increased use of • Inclusion of                 • High valuation of Drive to conserve     • Public budget
    social media              semantic                “big data”        energy with smart       constraints drive
•   Corporate                 standards in            companies         grids and smart         push for cost-
    adoption of               applications        •   Cloud-based       appliances              savings
    industry              •   Adoption of non-        platforms move IT                     •   Regulations
    standards and             relational              spend from capex                          related to
    general                   databases               to opex                                   personal data
    ontologies            •   Adoption of         •   Availability of                       •   Desire to increase
•   Growing                   natural language        semantic                                  transparency of
    frustration of time       processing              expertise                                 some government
    spent seeking         •   Availability of     •   New revenue                               operations
    information               easy-to-use tools       models and
•   Consumerization           to create               services based on
    of IT                     ontologies              data
                          •   Ubiquitous high-
                              speed network
                              connectivity
                          •   Growing volumes
@8of12                        of data                                                                  #slacid
STEEP framework aligns trends and
         uncertainties

                                                                       Environment
       Social             Technological              Economic                                    Political
                                                                            al
• Increased use of • Inclusion of                • Valuation of “big   Drive to conserve   • Public budget
    social media              semantic               data” companies energy with smart         constraints drive
•   Corporate                 standards in       •   Cloud-based       grids and smart         push for cost-
    adoption of               applications           platforms move IT appliances              savings
    industry standard     •   Adoption of non-       spend from capex                      •   Regulations
    ontologies                relational             to opex                                   related to data
•   Growing                   databases          •   Availability of                           privacy and
    frustration of time   •   Adoption of            semantic                                  protection
    spent seeking             natural language       expertise                             •   Desire to increase
    information               processing         •   New revenue                               transparency of
•   Consumerization       •   Availability of        models and                                some government
    of IT                     easy-to-use            services based on                         operations
                              ontology editing       data
                              software
                          •   Ubiquitous high-
                              speed network
                              connectivity
                          •   Growing volumes
@8of12                        of data                                                                 #slacid
1. Availability of semantic expertise

      2. Adoption of natural language processing

      3. Corporate adoption of industry standard ontologies

      4. Inclusion of semantic standards in applications

      5. Adoption of non-relational databases

      6. Availability of easy-to-use ontology editing software

      7. Valuation of “big data” companies

      8. New revenue models and services based on data

     9. Regulations related to data privacy and protection
@8of12                                                           #slacid
We can describe distinct futures
                                      based on our chosen uncertainties
 Availability of semantic expertise
                                      Expertise is Rare Expertise is Common




                                                                               NLP Limited Adoption   NLP is Ubiquitous
@8of12                                                                        Adoption of natural language processing     #slacid
We can describe distinct futures
                                      based on our chosen uncertainties
 Availability of semantic expertise
                                      Expertise is Rare Expertise is Common



                                                                                                      Smart Content
                                                                                                      • Nearly all published sources
                                                                                                        are semantically modeled
                                                                                                      • Complex semantic models with
                                                                                                        deep nuance and meaning
                                                                                                      • New models for advanced
                                                                                                        search, research and analysis




                                                                               NLP Limited Adoption          NLP is Ubiquitous
@8of12                                                                        Adoption of natural language processing                   #slacid
We can describe distinct futures
                                      based on our chosen uncertainties
 Availability of semantic expertise
                                      Expertise is Rare Expertise is Common



                                                                                                                   Smart Content
                                                                                                                   • Nearly all published sources are
                                                                                                                     semantically modeled
                                                                                                                   • Complex semantic models with
                                                                                                                     deep nuance and meaning
                                                                                                                   • New models for advanced
                                                                                                                     search, research and analysis

                                                                              Big Data and Little Else
                                                                              • Semantic models applied
                                                                                almost exclusively to structured
                                                                                data
                                                                              • Limited application of semantic-
                                                                                based tools for written text
                                                                              • Existing search and analysis
                                                                                models prevail
                                                                                    NLP Limited Adoption                  NLP is Ubiquitous
@8of12                                                                           Adoption of natural language processing                                #slacid
We can describe distinct futures
                                      based on our chosen uncertainties
 Availability of semantic expertise
                                      Expertise is Rare Expertise is Common



                                                                              Big Data Everywhere                   Smart Content
                                                                              • Semantic expertise applied          • Nearly all published sources are
                                                                                primarily to structured data          semantically modeled
                                                                              • Meaningful ontological models       • Complex semantic models with
                                                                                for structured data become the        deep nuance and meaning
                                                                                norm                                • New models for advanced
                                                                              • New search and analysis               search, research and analysis
                                                                                models for data, less so for text
                                                                              Big Data and Little Else
                                                                              • Semantic models applied
                                                                                almost exclusively to structured
                                                                                data
                                                                              • Limited application of semantic-
                                                                                based tools for written text
                                                                              • Existing search and analysis
                                                                                models prevail
                                                                                     NLP Limited Adoption                  NLP is Ubiquitous
@8of12                                                                           Adoption of natural language processing                                 #slacid
We can describe distinct futures
                                      based on our chosen uncertainties
 Availability of semantic expertise
                                      Expertise is Rare Expertise is Common



                                                                              Big Data Everywhere                   Smart Content
                                                                              • Semantic expertise applied          • Nearly all published sources are
                                                                                primarily to structured data          semantically modeled
                                                                              • Meaningful ontological models       • Complex semantic models with
                                                                                for structured data become the        deep nuance and meaning
                                                                                norm                                • New models for advanced
                                                                              • New search and analysis               search, research and analysis
                                                                                models for data, less so for text
                                                                              Big Data and Little Else              Statistics = Meaning
                                                                              • Semantic models applied             • Building ontologies is expensive
                                                                                almost exclusively to structured      and requires clear ROI
                                                                                data                                • Reliance on statistical methods
                                                                              • Limited application of semantic-      for concept mapping
                                                                                based tools for written text        • New search and analysis
                                                                              • Existing search and analysis          methods based on word co-
                                                                                models prevail                        occurrence
                                                                                     NLP Limited Adoption                    NLP is Ubiquitous
@8of12                                                                           Adoption of natural language processing                                 #slacid
Implication wheels can be used to
   flesh out the story of each scenario




                   Hypothesi
                      s




@8of12                                    #slacid
Implication wheels can be used to
   flesh out the story of each scenario

                                  Implicatio
                                      n



                      Hypothesi
                         s



         Implicatio
             n


@8of12                                         #slacid
Implication wheels can be used to
     flesh out the story of each scenario
                                 Consequen
                                    ce
                                             Implication



                                                           Consequen
 Consequen                                                    ce
    ce
                             Hypothesis




             Implication
                           Consequen
                              ce

@8of12                                                     #slacid
What could the “Smart Content” mean
   for news media?



                 Nearly all
                 published
                sources are
                semanticall
                 y modeled




@8of12                              #slacid
“Smart Content” would see changes
   the substance and medium of news

                                     Publication
                                     s offer APIs


                        Nearly all
                        published
                         Hypothes
                       sources are
                            is
                       semanticall
                        y modeled
            “Data
         Journalism”
          becomes
          standard

@8of12                                              #slacid
The changes wrought by Smart
      Content will have impact far and wide
                                     Copyright
                                     Challenge
                                         s
                                                 Publication
                                                 s offer APIs

                               Nearly all                          New
 Expectatio
                               published                        Monetizatio
   ns of                        Hypothes                         n Models
 Empirical                    sources are
 Evidence                          is
                              semanticall
                               y modeled
                 “Data
                Implicatio
              Journalism”
                    n
               becomes
                             Interactive
               standard      Infographi
                                 cs
@8of12                                                           #slacid
Write the future history of each
   scenario to drive your early warning
   tracking effort

            Universities will   People will develop
            educate people        rich semantic        Smart
            about semantics      models and tools     Content
    Today            Software developers                3 -5
                         will release                  years
                      applications with                hence
                       NLP capabilities




@8of12                                                     #slacid
Questions?
Thank You!

August Jackson
august (at) augustjackson (dot) net
http://augustjackson.net
@8of12

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Using Scenario Analysis to Predict the Future of the Semantic Web

  • 1. Using Scenario Analysis to Predict the Future of the Semantic Web August Jackson Ernst & Young
  • 2. I work for Ernst & Young One of the largest audit, tax and advisory firms in the world This material does not constitute advice related to any of the services the firm provides Mentions of firm clients do not constitute an endorsement or recommendation to invest All opinions expressed here are solely my own @8of12 #slacid
  • 3. “It's tough to make predictions, especially about the future.” @8of12 #slacid
  • 4. Semantic Web: Threat or Opportunity? @8of12 #slacid
  • 5. Disruptive technologies follow non- linear improvement curves @8of12 #slacid
  • 7. Scenario analysis enabled us consider possible futures and create meaningful early warning systems High Significant Disagreement Uncertainty Events @8of12 #slacid
  • 8. A clear problem statement is critical to a quality scenario analysis Subject Domain Customer Segment Timeframe Geography @8of12 #slacid
  • 9. STEEP framework aligns trends and uncertainties Environment Social Technological Economic Political al • Demography • IT • Drivers of • Air quality • Laws • Family life • Biotechnology growth • Water quality • Regulation • Public health • Materials • Inhibitors of • Arable land • Elections • Religion science growth • Climate trends • Political power • Culture • Manufacturing • Monetary • Resource distribution • Beliefs environment availability • Conflict • Business • Litigation cycles • International • Wealth Relations distribution @8of12 #slacid
  • 10. Seek a diversity of expertise to identify the critical trends and uncertainties Internal Sources Sales and Marketing Management R&D External Sources @8of12 Customers Academics #slacid
  • 11. Isolate the two or three critical uncertainties to create three to seven scenarios Extreme State Z Extreme State A Critical Uncertainty 1 Extreme State A Extreme State Z Critical Uncertainty 2 @8of12 #slacid
  • 13. Here’s the problem scope we’ll address in a very high-level analysis Subject Domain: Application of Customer Segment: semantic Knowledge technologies to Professionals and models for research their Stakeholders and analysis Timeframe: Geography: 3-5 years Global @8of12 #slacid
  • 14. STEEP framework aligns trends and uncertainties Environment Social Technological Economic Political al • Increased use of • Inclusion of • High valuation of Drive to conserve • Public budget social media semantic “big data” energy with smart constraints drive • Corporate standards in companies grids and smart push for cost- adoption of applications • Cloud-based appliances savings industry • Adoption of non- platforms move IT • Regulations standards and relational spend from capex related to general databases to opex personal data ontologies • Adoption of • Availability of • Desire to increase • Growing natural language semantic transparency of frustration of time processing expertise some government spent seeking • Availability of • New revenue operations information easy-to-use tools models and • Consumerization to create services based on of IT ontologies data • Ubiquitous high- speed network connectivity • Growing volumes @8of12 of data #slacid
  • 15. STEEP framework aligns trends and uncertainties Environment Social Technological Economic Political al • Increased use of • Inclusion of • Valuation of “big Drive to conserve • Public budget social media semantic data” companies energy with smart constraints drive • Corporate standards in • Cloud-based grids and smart push for cost- adoption of applications platforms move IT appliances savings industry standard • Adoption of non- spend from capex • Regulations ontologies relational to opex related to data • Growing databases • Availability of privacy and frustration of time • Adoption of semantic protection spent seeking natural language expertise • Desire to increase information processing • New revenue transparency of • Consumerization • Availability of models and some government of IT easy-to-use services based on operations ontology editing data software • Ubiquitous high- speed network connectivity • Growing volumes @8of12 of data #slacid
  • 16. 1. Availability of semantic expertise 2. Adoption of natural language processing 3. Corporate adoption of industry standard ontologies 4. Inclusion of semantic standards in applications 5. Adoption of non-relational databases 6. Availability of easy-to-use ontology editing software 7. Valuation of “big data” companies 8. New revenue models and services based on data 9. Regulations related to data privacy and protection @8of12 #slacid
  • 17. We can describe distinct futures based on our chosen uncertainties Availability of semantic expertise Expertise is Rare Expertise is Common NLP Limited Adoption NLP is Ubiquitous @8of12 Adoption of natural language processing #slacid
  • 18. We can describe distinct futures based on our chosen uncertainties Availability of semantic expertise Expertise is Rare Expertise is Common Smart Content • Nearly all published sources are semantically modeled • Complex semantic models with deep nuance and meaning • New models for advanced search, research and analysis NLP Limited Adoption NLP is Ubiquitous @8of12 Adoption of natural language processing #slacid
  • 19. We can describe distinct futures based on our chosen uncertainties Availability of semantic expertise Expertise is Rare Expertise is Common Smart Content • Nearly all published sources are semantically modeled • Complex semantic models with deep nuance and meaning • New models for advanced search, research and analysis Big Data and Little Else • Semantic models applied almost exclusively to structured data • Limited application of semantic- based tools for written text • Existing search and analysis models prevail NLP Limited Adoption NLP is Ubiquitous @8of12 Adoption of natural language processing #slacid
  • 20. We can describe distinct futures based on our chosen uncertainties Availability of semantic expertise Expertise is Rare Expertise is Common Big Data Everywhere Smart Content • Semantic expertise applied • Nearly all published sources are primarily to structured data semantically modeled • Meaningful ontological models • Complex semantic models with for structured data become the deep nuance and meaning norm • New models for advanced • New search and analysis search, research and analysis models for data, less so for text Big Data and Little Else • Semantic models applied almost exclusively to structured data • Limited application of semantic- based tools for written text • Existing search and analysis models prevail NLP Limited Adoption NLP is Ubiquitous @8of12 Adoption of natural language processing #slacid
  • 21. We can describe distinct futures based on our chosen uncertainties Availability of semantic expertise Expertise is Rare Expertise is Common Big Data Everywhere Smart Content • Semantic expertise applied • Nearly all published sources are primarily to structured data semantically modeled • Meaningful ontological models • Complex semantic models with for structured data become the deep nuance and meaning norm • New models for advanced • New search and analysis search, research and analysis models for data, less so for text Big Data and Little Else Statistics = Meaning • Semantic models applied • Building ontologies is expensive almost exclusively to structured and requires clear ROI data • Reliance on statistical methods • Limited application of semantic- for concept mapping based tools for written text • New search and analysis • Existing search and analysis methods based on word co- models prevail occurrence NLP Limited Adoption NLP is Ubiquitous @8of12 Adoption of natural language processing #slacid
  • 22. Implication wheels can be used to flesh out the story of each scenario Hypothesi s @8of12 #slacid
  • 23. Implication wheels can be used to flesh out the story of each scenario Implicatio n Hypothesi s Implicatio n @8of12 #slacid
  • 24. Implication wheels can be used to flesh out the story of each scenario Consequen ce Implication Consequen Consequen ce ce Hypothesis Implication Consequen ce @8of12 #slacid
  • 25. What could the “Smart Content” mean for news media? Nearly all published sources are semanticall y modeled @8of12 #slacid
  • 26. “Smart Content” would see changes the substance and medium of news Publication s offer APIs Nearly all published Hypothes sources are is semanticall y modeled “Data Journalism” becomes standard @8of12 #slacid
  • 27. The changes wrought by Smart Content will have impact far and wide Copyright Challenge s Publication s offer APIs Nearly all New Expectatio published Monetizatio ns of Hypothes n Models Empirical sources are Evidence is semanticall y modeled “Data Implicatio Journalism” n becomes Interactive standard Infographi cs @8of12 #slacid
  • 28. Write the future history of each scenario to drive your early warning tracking effort Universities will People will develop educate people rich semantic Smart about semantics models and tools Content Today Software developers 3 -5 will release years applications with hence NLP capabilities @8of12 #slacid
  • 30. Thank You! August Jackson august (at) augustjackson (dot) net http://augustjackson.net @8of12