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.

Reimagining Our Driverless Future


In segment two of my interview with Chunka Mui, we picked up our conversation with the driverless car scenario. Chunka Mui is the managing director of the Devil’s Advocate Group, a consulting team that helps organizations design and stress test their innovation strategies. Mr. Mui published a popular book titled The New Killer Apps.

Key points of discussion were:

  • If we eliminate auto fatalities, what happens to the need for auto insurance?
  • How to think about the timing of the autonomous vehicle scenario
  • The arms race towards the automotive ecosystem
  • Eliminating 90% of human accidents is plausible
  • Critical mass not needed to feel the impact of this scenario
  • From predicting to rehearsing – a portfolio of options
  • Understanding milestones, markers, obstacles and accelerants
  • Understanding extreme scenarios
  • Understanding the path of science and technology

Here is a six minute animated version of our segment two discussion that picks up where segment one left off:

You can view segment one here.

Download A PDF Version of the Transcript

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Autonomous Vehicles: An Interview with Chunka Mui


The convergence that is steering our emerging future manifests itself through a number of scenarios that drive multiple paradigm shifts. As the shifts themselves converge, they intensify the critical need for leaders to think differently about a world where the future arrives faster than people think. Some time ago, I had a great conversation with Chunka Mui regarding pace, the sheer number of shifts, and the need to think differently. We used the autonomous vehicle to explore the challenges of our emerging future. I will present the full discussion in five short segments, along with white board animation to visualize our dialog.

Chunka Mui is the managing director of the Devil’s Advocate Group, a consulting team that helps organizations design and stress test their innovation strategies. As a consultant on strategy and innovation, Mr. Mui has spent considerable time analyzing the autonomous vehicle scenario. He asked a question in his book The New Killer Apps about autonomous vehicles and what happens if traffic accidents are reduced by 90% as Google predicts. This simple question makes visible the broad and deep implications of these future scenarios. As society responds to their implications, new ecosystems emerge that alter our world. In this case, the vehicle is one of numerous components of an emerging mobility ecosystem that is defined by the responses that are playing out right now.

Here is the first of the five segments:

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A Shift to Purpose and Well-Being


Singularity University has been talking about purpose for some time now. They describe a focus that is audaciously big and aspirational, causing significant transformation to an Industry, community, or the planet. There is a clear “why” behind the work being done, something that unites and inspires action. They call this a Massive Transformative Purpose.

A focus on purpose has a motivating effect with the potential to trigger incredible outcomes. A proven approach in high-growth organizations according to Singularity University, with a focus on purpose in common across the 100 fastest growing organizations. In an era that challenges much of our belief system, an aspirational quality of purpose is a mechanism that helps us think differently. Shared passion within communities and shifting generational views of mission-driven work can fuel the fires of purpose. An organizational focus on purpose is a vehicle for attracting and retaining top qualified talent. A purpose that is aspirational and focused on creating a different future is what ignites passion in individuals and groups; it’s what engages people’s hearts and minds to work together to realize their goal. Breakthroughs in science and technology can be linked to the deeply unifying and motivating ability of purpose. Setting out to solve big problems brings purpose and meaning to work. The more we organize around purpose, the better the outcomes and the more fulfilled we will be with our work.

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Banking on Disruption: TCS and the Clayton Christensen Institute


TCS and the Clayton Christensen Institute have collaborated to produce a series of articles and whitepapers that explore the future of industries through the lens of a set of fundamental theories developed by Harvard Business School Professor Clayton Christensen (Mr. Christensen is a TCS Board member). The theories offer a form of what-if analysis that leaders can leverage to better understand the cause and effect between actions and results. These theories include Disruption Theory, the Theory of Jobs to Be Done, and Modularity Theory. In this case, the author focuses on the disruptive potential of innovation, and this first piece in the series tackles Disruption in the Banking Industry.

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Uncertainty Drives the need to Sense and Respond


“The rhythm of technology is changing the rhythm of business, and we’re all going to need to adapt”Jeff Gothelf and Josh Seiden, Authors of Sense and Respond

Back in 2013, in a post on sense and respond systems, I talked about the drivers that would push organizations towards a sense and respond paradigm. There are no bigger drivers than volatility and uncertainty, and nearly four years since that post, that fact is becoming clearer. In a recent book by Jeff Gothelf and Josh Seiden, they elevate sense and respond to a position that is core to achieving an adaptive enterprise. They see feedback loops and a movement away from command and control as the enabling mechanisms that allow us to thrive in the digital age.

Management expert Gary Hamel summarizes the challenges we face as the structures of the industrial age collide with the digital age:

“Modern management is one of humanity’s most important inventions. But it was developed more than a century ago to maximize standardization, specialization, hierarchy, control, and shareholder interests. While that model delivered an immense contribution to global prosperity, the values driving our most powerful institutions are fundamentally at odds with those of this age – zero-sum thinking, profit-obsession, power, conformance, control, hierarchy, and obedience don’t stand a chance against community, interdependence, freedom, flexibility, transparency, meritocracy, and self-determination. It’s time to radically rethink how we mobilize people and organize resources to productive ends”.

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Intersections Promise to Drive Multiple Paradigm Shifts


Since the time I completed this post on Disruptive Power and Intersections, it continues to receive attention. It is by far the most effective component of any Future Thinking effort. Given the continued traffic to this two year old post, I am updating with current content. By way of reminder, the anchor emerging futures visual is available via this PDF. An expansion of the science and technology foundation is visualized via this PDF. The visual below connects the intersections of 8 combinatorial scenarios. This is not an exhaustive set of connections; it is strictly intended to describe the scenarios at a high level. This visual can be downloaded via this PDF.disruptive-power

Figure 1: Intersections amplify both power and impact

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