The Innovation Vortex: How Emerging Tech Will Reshape Business Models Across Industries

The rise of generative AI is sparking discussions about its potential impact on various industries, with SaaS being a prime example. The traditional per-seat subscription model, a cornerstone of many SaaS businesses, might be vulnerable as AI automates tasks and potentially reduces the need for human users. Here’s a breakdown of the conversation:

Challenge: Generative AI’s ability to automate tasks could lead to fewer human employees needing SaaS applications, impacting per-seat subscription revenue.
Nuance: The impact might not be a complete disruption. While some user seats might decrease, AI could also create new functionalities and workflows requiring additional subscriptions.
For your blog post, consider this summary:

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Generative AI: Thoughts From A Recent Book

I just finished reading a book titled Generative Artificial Intelligence: What Everyone Needs to Know. Author Jerry Kaplan offers a thought-provoking exploration of Generative AI (GAI), a revolutionary technology poised to reshape our world. Delving into its potential to transform everything from healthcare to creative arts, the book also tackles the ethical considerations and challenges that come with this powerful new tool.

Artificial intelligence (AI) has become an undeniable force in our lives. From virtual assistants like Siri to self-driving car technology, AI is rapidly transforming the landscape. However, as Kaplan states, a new wave of AI is poised to make even greater strides: Generative AI (GAI).

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Brave New Words: Unleashing The Potential Of AI-Driven Education

I just finished reading my most recent book titled Brave New Words, written by renowned education innovator and entrepreneur Salman Khan. In “Brave New Words”, Salman Khan explores the transformative potential of artificial intelligence in education. With his signature clarity and vision, Khan outlines a future where AI-powered learning systems enhance human teaching, increase accessibility, and foster a more equitable education system. This book offers a roadmap for educators, policymakers, and learners to navigate the AI revolution in education and unlock the full potential of humanity. I highly recommend it and have added the book to my Library.

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Navigating The Uncharted: Embracing AI’s Uncertain Future

I really enjoyed a recent article written by Steve Andriole. I enjoyed it because it appreciates the uncertainty of our times and questions the AI predictions flowing from all corners. As readers of my Blog know, I don’t believe in prediction. Mr. Andriole reflects on a number of failed predictions that underscore the point. Instead, I believe in rehearsing the future.

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The Shifting Dynamics Of Large Language Models

We are clearly in the early days of a transition and we are watching it unfold before us. Hype aside, it is fascinating to watch artificial intelligence rapidly evolve. A recent article provides a small example. As we view this evolution through the lens of accelerants and obstacles, much has been said about regulations and the limitations of data and compute power (potential obstacles). The article identifies two possible accelerants: intensifying competition and new sources of data. Here is a brief summary.

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Beyond Fear: Embracing The Positive Potential Of Artificial Intelligence

I had the pleasure of sitting down for a discussion with Journalist Kevin Williams. His article went live on CNBC on April 6. I really enjoyed this one for multiple reasons. First, the positive focus that Kevin was looking for – a focus inspired by the recent TCS Futurist Study. Second, Kevin sought additional perspectives, one from another Futurist and the other from a psychologist. The question of human behavior is an important one – so I was thrilled when Kevin pursued that angle. As the advent of generative artificial intelligence (AI) has sparked both fascination and fear in equal measure, these conversations are important. Here are some key messages from the article.

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Navigating The Workforce Shift

In a recent article, Don Reisinger describes a consortium formed to address the impact of jobs lost to AI. In an era where technological advancements have the potential to reshape industries at an unprecedented pace, concerns about the displacement of jobs due to artificial intelligence (AI) adoption have reached a critical juncture. Acknowledging this challenge, several leading tech companies, deeply entrenched in the realm of AI, have joined forces to mitigate the impact of job loss and facilitate workforce transitions.

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Beyond The Tomb: AI’s Duality – From Reuniting Families To Automating War

A recent article focused on the duality of innovation. Author Andy Meek describes how AI is evolving in this dual context, in this case, resurrection versus killing. He describes the futuristic turn taken by China’s Ching Ming Festival, a time-honored tradition of honoring the dead. While families still visit gravesites and burn offerings, a growing trend sees them paying for hyper-realistic AI avatars of their loved ones.

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Transforming Education: Learning In The Modern World

A recent article by Forbes Councils Member MacKenzie Price explores the role of AI and humans in emerging transformation of education. As readers of my Blog know, I view education as the bridge to a new era. Here is a brief summary of the article:

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Will AI Reshape Our World Faster Than Electricity?

Imagine a world transformed not in decades, but years, by a single invention. That’s the potential future with Artificial Intelligence (AI). History offers a fascinating comparison: electricity. This seemingly simple technology took 40 years to fully revolutionize factories, forever altering manufacturing. Along the way, it changed how we lived in our homes, altered the workforce, and transformed various aspects of society.  But will AI follow the same slow burn, or are we on the cusp of an exponential leap?

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The Knowledge Explosion And The Rise Of AI: How Knowledge Can Propel Human Development

Throughout history, humanity has thrived on breakthroughs that ignited explosions of knowledge. These “tipping points” fundamentally altered our way of life, from the dawn of language sparked by fire to the scientific revolution fueled by the printing press. I wrote about the role of knowledge in advancing human development as part of my looking glass series. Artificial intelligence (AI) presents the potential for another such tipping point, one that could significantly enhance human well-being across health, wellness, education, communication, transportation, and more.

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Embracing Tomorrow: Futurists’ Optimism On AI And The Future Of Work

In today’s rapidly evolving landscape, the role of futurists in enterprises is paramount. These visionaries not only anticipate possible futures but also guide companies in preparing for what lies ahead. Unsurprisingly, technology trends often dominate these discussions, with the potential of Artificial Intelligence (AI) sparking both celebration and concern. That’s why Futurists here at TCS decided to launch a study titled Working Towards the Future.

The survey reveals an overwhelming sense of optimism among futurists regarding AI’s impact, particularly in the realm of work. A staggering 90% of surveyed futurists express optimism about the changes AI will bring, with nearly half of them being very optimistic. This optimism extends to AI’s potential contributions to employee health and wellness, as 72% of participants foresee significant positive impacts.

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Unlocking The Power Of AI: Lessons From Chess And Beyond

A recent article did a great job of looking backward to see forward. The author delves into the intricate relationship between AI and strategic games like chess and Go, offering insights into AI’s broader societal impact. Initially met with trepidation, AI’s victory over human players sparked fears of obsolescence within the chess community. However, the aftermath revealed a flourishing chess scene, with increased interest, diverse talent, and heightened sponsorship—a testament to AI’s role in rejuvenating rather than diminishing the game. Beyond gameplay, AI revolutionized strategic thinking and decision-making processes. By providing access to vast amounts of data and novel strategies, AI empowered players to innovate and adapt, reshaping the landscape of traditional games.

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Navigating The Duality Of Artificial Intelligence

Everyday, we see more headlines focused on artificial intelligence (AI). Given the possibilities, it stands to reason that the conversation will continue into the foreseeable future. At the heart of the discussion lies the dual paths of innovation. The path forward represents a delicate balance between the socially constructive benefits of innovation and a destructive path driven by technologies that have no ethics, and an innovation engine that has no governance. The AI discussion has historical precedent. Artificial intelligence has permeated our lives, from the algorithms recommending your next purchase to the groundbreaking medical diagnoses saving lives. While AI’s potential for positive impact is undeniable, it also evokes concerns about job displacement, algorithmic bias, and even the dystopian possibilities of superintelligence.

This discourse around AI hinges on two distinct perspectives: techno-optimism and techno-pessimism. Techno-optimists, brimming with faith in progress, view AI as the ultimate problem-solver, a tool to unlock a brighter future. They envision AI revolutionizing healthcare, tackling climate change, and propelling us towards a utopia driven by innovation.

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The Rise Of Brain-Computer Interfaces

Imagine a world where you can control your computer, prosthetic limb, or even virtual reality experience with just the power of your thoughts. This is no longer the realm of science fiction, but the exciting reality of brain-computer interfaces (BCIs). BCIs act as a bridge between your brain and external devices. They capture the electrical activity generated by your thoughts and translate them into commands that can be understood by computers or machines. This is achieved by placing electrodes, either on the scalp (non-invasive) or directly on the brain tissue (invasive), to detect these signals. Sophisticated algorithms then analyze and decipher these intricate patterns, transforming them into actionable commands.

The potential applications of BCIs are vast and hold the promise to revolutionize numerous fields. In the medical realm, BCIs offer a glimmer of hope for individuals with paralysis or neuromuscular disorders. Imagine someone suffering from ALS regaining the ability to communicate and control their environment through the power of thought. BCIs could empower them to type messages, operate prosthetic limbs, or even control their smart homes, restoring a degree of independence and agency.

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Next Generation Productivity

I believe the notion of  a next generation of productivity is about to ramp…sharing again


Stalled Productivity

In a recent post, I focused on a series of emerging shifts and the transformation pillars that enable a re-imagined future. In this post, I will dive into one of those pillars: next generation productivity. According to Wikipedia, productivity is an average measure of the efficiency of production. It can be expressed as the ratio of output to inputs used in the production process. In a recent Citi Report, they describe the significant slowing of labor productivity growth, which drives a focus on next generation gains. But In spite of technological progress and innovation, measured productivity growth is low by historical comparison. They cite these  growth statistics across advanced economies.

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AI-Powered Bionic Limbs

You get the sense with every new headline that the possibilities are endless. Viewed through the lens of Clayton Christensen’s jobs to be done, these advances broaden the application of those jobs to a large spectrum of human need. Human-machine convergence in this video enables the disabled. Take a look.

Enabling the disabled

The Interplay Between Corporations, Nations, And Artificial Intelligence

How do we govern a world increasingly impacted by advances in artificial intelligence? What role will nations and corporations play? This question concerning governance is now top of mind, with questions emerging in various forums that I participate in. As we contemplate future governance models, it is instructive to focus first on the past. In a recent book titled The Handover, author David Runciman explores the historical role of corporations and nations. He describes both as artificial agents and compares them to artificial intelligence. He then explores the interplay between the three. Here is a summary of the major book themes.

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The Coming Wave

Permeating humanity’s oral traditions and ancient writings is the idea of a giant wave sweeping everything in its path, leaving the world remade and reborn.

Mustafa Suleyman – The Coming Wave

That quote from a book published this month is closely aligned with the compelling argument made by the authors of The Fourth Turning. While the latter book describes rebirth in the context of generational turns, this one views it through the lens of AI and Synthetic Biology. The Coming Wave comes to us from Mustafa Suleyman, the Co-Founder of DeepMind. The author defines a wave as a set of technologies coming together around the same time, powered by one or several new general-purpose technologies with profound societal implications. Thinking back, one major study found that twenty-four general-purpose technologies have emerged over the entire span of human history. Artificial intelligence and synthetic biology are likely to add to that number. The question I have asked in a poll is this: will they be more profound in their impact then previous technologies? Consider that fire, language, writing, electricity, the printing press, the steam engine, the Internet, the domestication of plants and animals, and the wheel, are all on the list. To even be considered among that list speaks volumes. But to be thinking in terms of most profound?

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The Path Of AI: Machine Intelligence or Machine Usefulness

Central to my thinking on innovation is a belief that human advancement is within our grasp. The innovation wheel I developed was inspired by this belief, and while I am an optimist, I also appreciate the role that history plays in providing perspective. Just because we have the opportunity to advance human development doesn’t mean that we will take it. History tells us that opposing forces fight to influence our path. With that as context, I ventured into reading a book titled Power and Progress. Authors Daron Acemoglu and Simon Johnson explore a thousand years of history and contemporary evidence, making the case that progress depends on the choices we make about technology.

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