TOP TEN
10
The public is the new king
None of the four Master Narratives ( Glasnost , Wired , Disruption and Under Duress ) described in the future of mining report from Sandpit Innovation and Wikistrat , which were based on the simulation scenarios , view the role of governments as the main driver forcing the mining industry to change or impacting the market landscape in which it operates . The new normal when it comes to ESG norms will be directed and driven by the public , making it faster , less expected , and harsher .
09
Industry leaders are about to change , but not be replaced
Although disruption was perceived by most of the crowd as inevitable , it wasn ’ t seen as fatal . It seems that the crowd doesn ’ t predict a Kodak-type disruption in which an external actor with superior technology will take over the industry , but more of an Airbnbtype one , in which mining firms will learn how to live with the new competition , losing some market share , but adapting to the new reality over time . Technology is disrupting the sector with data now referred to as the ‘ new oil ’.
118 May 2021