A recent Report on artificial intelligence (AI) suggests that COVID-19 is not likely to slow the path of AI. Per the report: nearly three-quarters of businesses now consider AI critical to their success, as it continues to grow in importance across companies of various sizes and industries, according to a new report. Appen Limited’s 2020 State of AI Report indicates that two-thirds of respondents do not expect any negative impact from the COVID-19 pandemic on their AI strategies.
I wrapped up another great book. This one focused on government deficits as viewed through the lens of Modern Monetary Theory. Author Stephanie Kelton addresses the topic in her recent book titled The Deficit Myth. In this best seller, Ms. Kelton – Professor of Economics and Public Policy at Stony Brook University – explores the role of currency issuers (U.S., Japan, U.K., Australia, etc.) versus currency users. From the book:
“The distinction between currency users and the currency issuer lies at the heart of Modern Monetary Theory. And as we will see in the pages ahead, it has profound implications for some of the most important policy debates of our time, such as health care, climate change, Social Security, international trade, and inequality.”
In looking at a Post Pandemic Society, I took a Journey to the 1920s and 1930s to understand what history might tell us about our emerging future. I have been amazed at the eerie similarities between our present day and that period a century ago (see visual below). If anyone is interested in exploring the cycles of history, I highly recommend the book The Fourth Turning. In the meantime, this recent Article explores a similar comparison to that time in history with a focus on deglobalization. Per the article:
“The post-pandemic world economy seems likely to be a far less globalized economy, with political leaders and the public rejecting openness in a manner unlike anything seen since the tariff wars and competitive devaluations of the 1930s.”
In a post from the summer of 2019, I explored the notion of an Augmented Age: a future where our natural human capabilities are radically augmented in three ways: Computational systems will help us think. Robotic systems will help us make. And a digital nervous system will connect us to the world far beyond what our natural nervous system can offer. Fast-forward to a world altered by COVID-19: Are we on an accelerated path to augmentation and automation? This recent Forbes Article takes an interesting look at the question from the perspective of lights out factories.
A recent article on the Future of Medicine explores the emerging Wellness Ecosystem and the impact that COVID-19 is likely to have on its path. The key message from the article and associated video below is that Connected Health has a greater opportunity for realization. The pandemic has proven that virtual ways of working and telemedicine can work. The video examines the role of artificial intelligence, 5G, Sensors, and data in the progression towards a personalized health ecosystem.
I just finished a new book released by Fast Future. The book is a compilation of post-pandemic scenarios authored by Futurists around the world. Aftershocks and Opportunities: Scenarios for a Post-Pandemic Future takes a look at both the challenges and opportunities introduced by COVID-19. Due to the number of responses from global futurists, a second book is in the works. I’ve added this one to my Book Library. An abstract is included below.
I had the pleasure of speaking at a virtual event organized by The Society For Information Management – Philadelphia Chapter. The topic was a look into a post-pandemic future. We used polls to explore the sentiment of the group. The video captures the session and polls.
Much has been said about the shift to remote work. The permanence of the shift remains to be seen, let’s assume however that this forced experiment has been successful enough to warrant an increase in remote work percentages. What are the implications of this shift? This recent Article authored by Patrick Gray explores two possible implications.
In an earlier Post, I explored the possible implications of COVID-19. As with any look into the future, we know a series of dots will connect to shape it. Looking at the pieces in isolation fails to identify the potential paths. The world of work is a great example. Whatever happens in the context of work has an obvious ripple effect into multiple domains. The visual below captures some of that those ripples:
“The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world.” Klaus Schwab – Founder and Executive Chairman, World Economic Forum
Way back in 2010 when I launched this Blog, its purpose was to focus on reimagining. What will the world look like in twenty years? Ten years into that journey, the word reimagine seems like the right choice. The quote above from Klaus Schwab captures it well. While the pandemic may indeed serve as a catalyst for reflection, reimagining, and an ultimate reset, we have been here before – only to return to the status quo.
How can we find the signal when there is so much noise? We don’t have an effective way to predict what will happen next, history tells us that. We do have a way to understand what happened when crisis has occurred in the past. In a piece titled A Post Pandemic Society, I explored the somewhat scary similarities between modern day and the world of a century ago. In a recent Article authored by Robert Shiller, Sterling Professor of Economics at Yale University, he takes a similar look at two events during that period.
In this recent Article, author Paul Gillin provides insight on trends and technologies that are likely to be forever transformed by the events of recent months. SiliconAngle asked several technology executives for their thoughts on the topic. Here are the technologies and trends identified.
“Against the backdrop of a two-century period of faster and faster transformation, the coronavirus is compressing and further accelerating the arc of events” – Steve LeVine
That quote from a recent Article via Steve LeVine captures what is happening very well. History warns us that predicting what happens post-crisis is wrought with peril. As the article states, in the 16th and 17th centuries, smallpox, measles, and other diseases brought by the Spanish wiped out up to 90% of the South and Central American population, utterly transforming the historic order. But the global flu pandemic of 1918 to 1919 appeared to establish no new norms. Mr. LeVine posits that Covid-19 appears to be a hybrid in impact — vastly speeding up some trends while dispelling others. A quote by Cliff Kupchan, chairman of the Eurasia Group, captures it well: “Such acceleration is a natural byproduct of crises like pandemics, which tend to jolt the current system.”
The final polls from our virtual roundtable hosted by C-Level are included below. You can view a video of the virtual roundtable Here. I posted the results of polls One, Two, Three, and Four earlier. You can participate in those polls by visiting the posts. The fifth and sixth polls launched during the session probed the questions of digital learning and the resilience of supply chains.
In a virtual roundtable hosted by C-Level on May 14th, we used several polls to gain insight on how people are thinking about the post-pandemic world. The topic of the roundtable was “Rehearsing Post-Pandemic Futures.” You can view a video of the virtual roundtable Here. I posted the results of polls One, Two and Three earlier. You can participate in those polls by visiting the posts. The fourth poll launched during the session probed the question of surveillance.
In a virtual roundtable hosted by C-Level on May 14th, we used several polls to gain insight on how people are thinking about the post-pandemic world. The topic of the roundtable was “Rehearsing Post-Pandemic Futures.” You can view a video of the virtual roundtable Here. I posted the results of polls One and Two earlier. You can participate in those polls by visiting the posts. The third poll that we launched during the session probed the question of jobs.
In a virtual roundtable hosted by C-Level on May 14th, we used several polls to gain insight on how people are thinking about the post-pandemic world. The topic of the roundtable was “Rehearsing Post-Pandemic Futures.” I posted the results of the First Poll earlier. You can participate in that poll by visiting the post. The second poll that we launched during the session probed the question of human behavior post-pandemic.
I had the pleasure of participating in a virtual round table hosted by C-Level on May 14th. The topic was “Rehearsing Post-Pandemic Futures.” I did 30 minutes of presentation which included poll questions. It was followed by 30 minutes of Q&A. Vanessa Foser, Chairman of the Board at C-Level AG, was the host and moderator. You can view the virtual roundtable via video below. I will share the various poll results separately in future posts.
One of the perks of my role is the interaction I have with leaders around the world. Thursday of this week, I had the pleasure of participating in a virtual round table hosted by C-Level. The topic was “Rehearsing Post-Pandemic Futures.” I did 30 minutes of presentation which included poll questions. It was followed by 30 minutes of Q&A. I want to share some of the insights of the session over a series of posts – starting with a poll that we positioned at the start of the presentation, and then again at the end.