Sangeet Paul Choudary is the world’s leading exponent of the platform economy. This week he joins the Futurists to explain how artificial intelligence is likely to reorganize industries. Choudary pushes far beyond facile claims about “AI abundance” and “AI doom” to analyze the probable redistribution of value in markets. He explains how entire systems of production and distribution will be reshaped by machine intelligence. Choudary envisions a reorganization of value creation and value capture whereby AI will reshape the economic pie and cut it into different slices; but not all the value will flow to today’s incumbents. Choudary’s term for this system-wide reinvention “the reshuffle”, the name of his newest book. This conversation makes reference to concrete examples that will be familiar to all listeners: container shipping, the barcode, the smartphone, big data, and the rise of the digital economy.
Industry strategist John Sviokla is the co-founder of GAI Insights and an Executive Fellow at the Harvard Business School. He tells the Futurists about the real challenges and opportunities in the process of reorganizing businesses around unlimited intelligence. Topics include: The existential threat to the big strategic advisory firms. Why talking to machines is such a significant change. The remarkably rapid rise of machine IQ and the power of emergent capabilities. John’s forecast for the evolution of new AI models. How proprietary data, especially intent, will fuel the transition from search engines to answer engines. The logic behind the partnership between Walmart and OpenAI. What happens to a company’s organization when you can buy expertise on demand. How every human worker will become a platoon of experts. The two populations in most organizations that use AI. The net present value of AI projects. GAI Insight’s four-step process for fostering new corporate capabilities based on AI.
In this episode, Australian author, speaker and futurist Ross Dawson joins Robert and Brett to talk the path to the future. From tackling the qualities that make a strong futurist, to the tactical application of forecasting at a organizational level. Dawson is Australia’s leading futurist, but a globally relevant voice.