Exponential Wisdom

Episode 59: AI Disrupting the Middleman

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Peter and Dan discuss the disintermediation of the insurance industry, and specifically how AI will disrupt the middleman in all industries.

 

 

In this episode:

  • Peter and Dan talk about using technology to gather and evaluate increasingly more data. When will tech companies who know the most about you enter the insurance industry?
  • Peter gives his view of the future of health insurance, where big data is so personalized that you will only pay for your exact needs instead of covering the masses.
  • Peter and Dan discuss a range of ideas: what happens to life insurance when you live 30 extra years? What becomes of auto insurance when autonomous cars don’t have accidents?

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Episode 58: Digital Avatars Creating an Abundance of Time

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Peter and Dan discuss an exciting new experience using virtual reality technology to attend live presentations anywhere in the world. Peter also describes his experience after a 90-minute VR presentation, taking off his headset and snapping back into the real world at the XPRIZE office.

 

In this episode:

  • Peter tells the story of meeting High Fidelity founder Philip Rosedale in a virtual world with a live audience of 200 people watching as he gave a talk on exponential technology.
  • Peter describes the moment seeing his digital avatar and the VR space created with a replica of SpaceShip One in the Mojave desert behind the stage. To see the video of Peter’s VR experience, click here: https://youtu.be/JugTHzUq4FE

  • Dan talks about his idea that as technology goes global, everything else stays local — and how this might affect your business model.

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Episode 57: Who, Not How

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Dan explains why entrepreneurs struggle with procrastination and introduces a new method he uses to implement new ideas.

Changing the thought process from “how to do this” to “who can do this” is a game-changer.

In this episode:

  • Peter explains using the “Who, Not How” method in his company, and why instead of creating a to-do list, he spends the year creating Impact Filters (a Strategic Coach client tool) explaining why the project is important, defining criteria for success, and then picking a point person to implement the task.
  • Dan explains why first-time entrepreneurs start with how — because at the beginning, there’s no one else to delegate to — but as time goes on and the company grows, this becomes a bad habit.
  • Peter gives an example of gaining back hundreds of hours of time, an Abundance of time, by delegating a project to his summer interns.

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Episode 56: Passing the Turing Test

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Peter and Dan discuss Google Duplex, an AI system capable of conducting natural conversations to carry out “real world” tasks over the phone. The technology is directed towards completing specific tasks, such as scheduling certain types of appointments and makes the conversational experience as natural as possible, allowing people to speak normally — like they would to another person — without having to adapt to a machine.

In this episode:

  • Peter talks about the Turing test, developed by Alan Turing in 1950, as a test of a machine’s ability to exhibit intelligent behavior equivalent to, or indistinguishable from, that of a human, and why he believes Google Duplex has conquered this feat. Read the Google blog here.
  • Dan and Peter discuss the implications of technology like this, when AI’s master realistic voice-synthesizing, and the societal and legal ramifications. Will AI’s be required to self-identify by law? Should they?
  • Peter describes a future where AI’s impact the education industry and believes we are less than 5 years away from this disruption.

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Episode 55: The Immorality of Mortality

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Peter and Dan discuss a recent trip to Vatican City, where the XPRIZE Vision Circle & Innovation Board members met on the annual Adventure Trip to discuss longevity and regenerative medicine, piggybacking on the United to Cure conference hosted by the Pope.

 

In this episode:

  • Peter discusses his opening remarks at the conference with fellow panelists George Church (one of the creators of gene-editing CRISPR technology), Martine Rothblatt (CEO of United Therapeutics, whose goal is to regenerate human organs), and Lou Reese and Mei Mei Hu (co-CEOs of United Neuroscience, focused on creating vaccines against Alzheimer’s and Parkinson’s disease).
  • Dan brings up three keys to longevity: 1) Friends who are progressing, not declining, 2) Enough resources and income to be independent, and 3) Having a purpose, so you look forward to a future that is much greater than the past.
  • Peter and Dan discuss how morality has evolved over time, and how some ideas that were once considered immoral are now considered miracles.

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Episode 54: Self-Sovereign Identity

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Peter and Dan discuss a powerful use of the Blockchain: a basis for exponentially expanding trust among individuals within a global society. This could help the millions of people born without national documentation, who are stuck in no man’s land without an official identity.

 

In this episode:

  • Dan and Peter discuss a fundamental new political idea in which individuals would have self-sovereignty, and why the blockchain is the best place to securely store identification.
  • Peter describes reinventing democracy: a future where you can choose what sovereign association of individuals to be part of. In this digital existence, the individual decides how to spend time, income and even political votes.
  • Peter outlines a few industries that will be completely disrupted — like real estate, the financial industry and politics — when you cut out the middleman.

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Episode 53: Don’t Die From Something Stupid

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Peter and Dan discuss takeaways from Abundance 360, Peter’s executive summit where four rockstar longevity CEOs summarized new capabilities in the healthcare industry. These cutting-edge companies, whose early experiments have produced amazing results, will have therapies and drugs on the market in the next one to five years.

In this episode:

  • Peter mentions Mark Allen, the CEO of Elevian, on the “young blood” research he’s commercializing. He also explains the research and early stage experiments to give GDF11 to humans in the next five years.
  • The second company mentioned is Celularity, where CEO Bob Hariri, a pioneer in the stem cell business, has developed the best stem cells available to help rejuvenate the regenerative engine in your body.
  • The next company is Unity Biosciences, a company backed by Jeff Bezos. This company has created the ability to identify and kill senescent cells, and are entering human trials in the next five years.
  • The final company is Samumed, and its CEO Osman Kibar. Peter explains the company’s miraculous mission to regrow cartilage to a youthful state with a single injection and its wrinkle-eliminating cream.

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Episode 52: When Everything Is Intelligent

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Peter and Dan imagine a future when AI saturates everything in our lives and every object becomes intelligent with the ability to learn about you.

 

 

In this episode:

  • Peter shares stories from his recent trip to China, including his experience with $5 machine learning chips that transform any object less than $100 into an intelligent machine.
  • Dan describes tasks that currently annoy him and his belief that annoyance is where innovation happens first.
  • Peter and Dan discuss things they don’t want an AI to help with, and why certain things in life will stay analog to give humans pleasures.

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Episode 51: Advertising to AI’s

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Peter and Dan discuss the future of advertising products and services, including new possibilities when personal AI’s are in the world. Peter describes a near future in which artificial intelligence is so good at predicting desires that we will ultimately give them control of our purchasing power.

 

In this episode:

  • Dan shares his history in the advertising business in his early days out of college at a large agency in Canada, where they did print, radio, and television ads for big brands, and how this business has dramatically changed.
  • Peter paints a picture of the future when personal AI’s with perfect knowledge will have enough data to correctly predict which products and services we will want, even before we ask.
  • Dan and Peter agree that human-AI collaboration will ultimately level up humanity in a way that will dramatically change many industries, including advertising and marketing.

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Episode 50: Going to Mars

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Peter and Dan discuss recent events in the space industry, including the successful rocket launches of SpaceX, going to Mars and Peter’s vision of the next decade.

 

 

In this episode:

  • Peter talks about the launch of Falcon Heavy with a Tesla Roadster on the trajectory to Mars, and the safe landing of the side boosters at the Kennedy Space Center. 
  • Dan and Peter discuss the possibilities of sending humans on one-way missions to Mars and two-way missions, and their belief that people will go no matter what because they crave that level of exploration, adventure and significance. 
  • Peter discusses three tactics he believes have contributed to Elon Musk’s massive success as an exponential entrepreneur.

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