Exponential Wisdom

Episode 113: Global Supply Chain

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Peter and Dan discuss the past few years’ shifts in global supply chains and how the COVID-19 pandemic exposed a major flaw in the system, as many companies moved operations from China to other parts of the world. Peter explores an intriguing flip, as companies increasingly move workforces off-shore yet transition key aspects of their supply chains on-shore.

In this episode:

  • Dan talks about how many manufacturing operations were shut down during the global pandemic, and explains why North America will become a major manufacturing hub in the next decade. 
  • Peter examines the implications of hiring people from all over the world. Increasingly enabled by core ‘metaverse’ technologies, experiences in AR and VR are evolving to allow remote workforces to interact in extraordinary, life-like ways. 
  • Peter and Dan agree that the most successful companies are those working to onshore their supply chains, hire top talent outside national borders, and globalize their consumer bases.

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Episode 106: Technology Empowering Teamwork

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Peter and Dan talk about the extraordinary progress in human teamwork, how technologies like AI, networks, sensors, allow humans to communicate faster and easier.

In this episode:

  • Dan discusses increasing collaboration within his company, starting with focusing on each individual before any teamwork can happen. 
  • Peter talks about the XPRIZE crowdsourced prize designs that happened during the beginning of the pandemic and the speed of the teamwork was amazing.
  • Peter and Dan give examples of how they run their team meetings on zoom including best practices and timing.

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Episode 104: Capital Availability

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Peter and Dan discuss the abundance of capital available to entrepreneurs today, exploring the reasons for a historically unparalleled surge in funding and its accessibility. In 2019, aggregate global crowdfunding — inclusive of peer-to-peer lending — reached $14 billion, with over 2,000 platforms offering access to funding. But as is the case with many digital platforms, this too is experiencing double-digit growth. Experts now project that crowdfunding will reach $30 billion by 2025.

In this episode: 

  • Peter explains how today’s speed of computation is helping drive an abundance of available capital across industries globally. Between crowdfunding sites, venture funding, ICOs, and SPACs, there is no capital-related excuse to put off pursuing your MTP and Moonshot.
  • Dan discusses the geo-political ramifications of the pandemic and how entrepreneurs have used the last eighteen months to their advantage. 
  • Peter talks about the benefits of Bitcoin and why cryptocurrencies will transform economies for the better.

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Episode 84: Navigating Business in Scary Times

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Peter and Dan discuss working-from-home (WFH) dynamics and how they’ve simplified their daily routines as the COVID-19 pandemic upends business-as-usual and forces us to adapt. Making longer-term projections, they illustrate how industries will transform during this global pause, and what implications we’ll see in our everyday lives.

In this episode:

  • Peter emphasizes the importance of treating every problem like an opportunity. By adapting to new (and projected) “normals,” Peter discusses his process for writing down all the problems he faces working from home, and then turning these into opportunities ripe for business.
  • Dan talks about leveraging Zoom across his meetings and workshops, expressing why he is more excited than ever to reinvent business models and common company practices. 
  • Peter features the newly launched FutureLoop “Pandemic Edition,” a daily update on how exponential technologies are impacting the detection, prevention and cure of COVID-19. (Check out the link here!)

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Episode 65: The World Becoming Automagical

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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.

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