The Strategic Foundation


In my last post, I explored the evolution of business in the industrial age. This Fourth Iteration of Business establishes resilience on a foundation of automation and intelligence. Resilience may be more important than the productivity gains that are sure to be realized as we progress towards Business 4.0, providing the capacity to recover quickly as the pace of shifts accelerates. This visual represents a strategic foundation for Business 4.0.

The Strategic Foundation

Continue reading

The Automation of Everything


In a Post from 2014, I explored the path of automation and a possible economic impact between $14 and $30 trillion. Almost four years later, my focus has shifted from economic to societal impact. How far will we take automation? Will automation augment us, freeing us from mundane and redundant tasks, or will it replace us? Is automation limited to those characteristics we typically associate with our left brain – or will it encroach upon our right brain characteristics?

These questions currently have no answer – just speculation. How far the slider in the visual below goes, drives a profound difference in the ultimate implications to society. The obvious area of impact is the future of work – if we do indeed realize decentralized autonomous organizations. Do our right brain characteristics become much more important in this future world, and do they represent a safe haven? I show three very impactful examples in presentations that would have us question whether or not machines can be creative, compassionate, and eventual companions.

Continue reading

Artificial Intelligence and Jobs


AI Intersects with RoboticsThis very good opinion piece addresses a subject that is gaining more attention and driving more dialog. Will artificial intelligence destroy jobs? Author Kai-Fu Lee has an opinion:

“It will soon be obvious that half of our job tasks can be done better at almost no cost by AI and robots. This will be the fastest transition humankind has experienced, and we’re not ready for it”

Continue reading

Tipping Points in Human History


I’ve been talking lately about the two main tipping points in human history: from hunter-gatherer to agriculture, and agriculture to our industrial society. That second tipping point beginning about 1760 ushered in three revolutions. The First Industrial Revolution  saw the rise of iron and textile industries and the mechanization of production through the use of water and the steam engine. This second tipping point saw a reduction in physical labor and a shift in where new forms of labor were required. The Second Industrial Revolution started in 1870,  riding advances such as electricity, telephone and the internal combustion engine to drive rapid industrialization and globalization. A massive disruption followed, as established sectors were eliminated and new ones emerged.

Continue reading

Will a Robot Take your Job?


In a recent article, Kevin Drum makes a compelling argument that You Will Lose Your Job to a Robot—and Sooner Than You Think. The piece is a little long, but this is a must read for everyone. At the heart of his argument lies the exponential progression of artificial intelligence (AI). Using the human brain as a barometer, AI will reach one tenth the power of the human brain by 2035. By 2045, we will have full human level AI.

Exponential Computing Curve

Continue reading

Is Creativity the Sole Domain of Humans?


The transition from our current industrial/information age to an augmented and then ultimately an automated society is underway. The role of humans in that society is an often discussed topic, where our right brain characteristics are likely to play a more dominant role. But are those characteristics the sole domain of humans?

Meet an Artificial Intelligence Virtual Artist called AIVA that was taught to compose classical music – an emotional art which is usually considered to be a uniquely human quality. Musical pieces composed by this AI are used as soundtracks for film directors, advertising agencies, and even game studios. Oh, and it released its first album called Genesis.

8 Billion Acts of Innovation


I had the pleasure of talking to Taimour Zaman of 8 Billion Acts of Innovation today. They have a TV show focused on Artificial Intelligence, with some incredible stories about current innovation in the field.

The 8 Billion Acts of Innovation venture capital TV show is focused exclusively on artificial intelligence. Recently introduced in Toronto, Canada by investment visionaries Sai Mohammed and Taimour Zaman, AI companies present their business cases and compete for venture capital financing. It’s the only show of its kind in the world, now being viewed by over 3 million people.

$20+ Million of Funding per Show

The show’s panel of investors are senior ‘C-level’ executives whose job is to assess AI companies’ business and financial potential. The funds are put up by Curah Capital, a Toronto-based private venture capital firm involved in real estate and technology.

Mr. Mohammed and Mr. Zaman’s objectives for their show:

1) Worldwide popularity via expanded TV coverage
2) Attract top AI companies from across the world
3) Award ever-larger funding amounts, and
4) Develop financed-firms into celebrated successes

We covered a wide variety of topics in this short video.