On August 13, the United States Treasury paid 5.22 percent to borrow for thirty years, the highest nominal cost at a thirty-year auction since 2001. Reuters reported the following day that inflation-adjusted borrowing costs across the major economies had reached their highest levels in more than a decade, with US thirty-year real yields near eighteen-year highs at around three percent, and British and German ten-year real yields at levels not seen in over ten years.
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Challenging The Structures Of The Current Era
With technological change comes social change and a shift in the organizing systems that oversee how our communities are governed
LYDIA KOSTOPOULOS – Emerging Domains of Conflict in the 21st Century
It has long been my belief that the structures supporting this current era have experienced diminished effectiveness and are reaching end of life. When I would share these thoughts back in 2012, I remember getting strange looks – but fast forward ten years and it’s not so strange anymore. That quote above comes from a recent article that identifies five emerging domains of conflict. Taken together with an exploding number of additional factors, it is easy to see why our organizing system is on the verge of dramatic change.
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Winning The Right Game
My belief in a shifting organizing system dates back several years. The work of leading think tank RethinkX effectively highlights why. History tells us that a collapse is inevitable when the existing system can no longer adapt fast enough to order-of-magnitude improvement in technological capabilities. When this condition is present, a new organizing system is required. RethinkX defines an organizing system as:
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The Next Generation Of Artificial Intelligence
Two recent articles caught my eye this week. One article focused on the Fourth Generation of artificial intelligence, calling it artificial intuition. The other article explores the shift from artificial narrow intelligence to Artificial General Intelligence. In the case of artificial intuition, author Mark Gazit describes how helpful AI has become, and its ongoing limitations. Machine learning is still fully dependent on historic data. New and unknown scenarios leave data scientists helpless. Mr. Gazit suggests that in order to have true artificial intelligence, we need machines that can think on their own.
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The Impact of Capital on Exponential Progression
In a post back in 2018, I described a phenomenon that contributes to the rapid Acceleration of innovation and scientific breakthroughs. Peter Diamandis coined the term Techno-Philanthropists and compared and contrasted them to the Robber Barons of a different era. Billionaires get a lot of negative press these days – but one thing is clear: their wealth is both accelerating the pace of innovation and addressing some of the world’s greatest challenges. Stories described by Articles like this one highlight the point.
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The Shifting Energy Paradigm
Our energy platform has not changed since the early days of the second industrial revolution. Energy is one of the three foundational pillars of our society – with communication and transport representing the other two. Collectively, they create a general purpose technology platform that enables our society. Although we talk a lot about a Fourth Industrial Revolution, in reality, there was never a third shift in this foundational platform.
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Self Driving Delivery
The hype around autonomous technology continues. The focus, investment and rapid advancement in this space has changed the way leaders Think about the Future. The science-fiction feel of a future-focused discussion has disappeared – replaced by the reality that the future is appearing faster than we think. Look no further than self-driving delivery.
