Exponential Wisdom

Episode 65: The World Becoming Automagical

February 18, 2019 by exponentialwisdom

Peter and Dan discuss the recent bankruptcy of retail giant Sears. After being in business for 132 years, converging exponential technologies ultimately led to Sears’ downfall.

They discuss the future of retail, in which AI knows everything and the experience is “automagical.” As the world is automated, AI will be able to leverage large data sets to predict exactly what you want.

In this episode:

  • Peter describes the transformation of the retail experience. In the past, you might think of something you need, look it up in the Yellow Pages and then go to the store to see if it was in stock. In the future, you might instead have a frictionless conversation with your AI, which is always listening and knows your preferences.
  • Dan and Peter talk about the fact that every company will eventually go bankrupt. If you’re not constantly trying to fundamentally reinvent your company now, how can you make a massive change?
  • Peter gives the example of ExP Worldwide, a company that went from the 2008 real estate crisis to reinventing as a fully virtual company with zero offices and a virtual campus for staff to meet online.
http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_65_The_World_Becoming_Automagical.mp3

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Filed Under: Podcast Episodes Tagged With: advertisement, advertising, ai, bankrupt, digital, office, retail, sears, shopping, virtual

Episode 51: Advertising to AI’s

March 18, 2018 by exponentialwisdom

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.
http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_51_Advertising_to_AIs.mp3

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Filed Under: Podcast Episodes Tagged With: ads, advertisement, advertising, ai, artificial intelligence, marketing

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