Exponential Wisdom

Episode 85: Evolution of Work

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Peter and Dan discuss Software as a Service (SaaS) and AIaaS, both vital tools for businesses seeking to scale with a leaner organization. Particularly as workforces become distributed and companies race to digitize, cloud computing is now more important than ever before.

In this episode:

  • Dan talks about the historic opportunity to use our current global pause and newfound free time to brainstorm with customers and collaborate on new capabilities.
  • Peter examines the potential of exponential technologies to help track viruses in the future. Offering a number of possible scenarios, he considers the example of genome sequencing tools built into air ports, as well as other mechanisms for the detection and tracking of novel viruses. 
  • Dan and Peter discuss how COVID-19 will transform life as we know it, and why humanity is yet to face other existential threats. 

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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 83: The Rise of AI as a Service

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Peter and Dan discuss the power of Artificial Intelligence as a Service (AIaaS) and its utility to thousands of companies in both traditional and non-traditional sectors. By adding an AI layer to your organization, AIaaS tools can help any company achieve scale with minimal increases in headcount, fueling data-driven business decisions, personalized marketing efforts, team efficiency, and countless other benefits.

In this episode:

  • Dan elaborates on a quote by Gino Wickman — “Systemize the predictable so you can humanize the exceptional” — and uses it as a framework for understanding AI-human collaboration. 
  • Illustrating several examples (e.g. AIs that help doctors diagnose patients in real time), Peter discusses how he is using “AI as his ‘WHO’” to run experiments across his organizations. 
  • Dan delves into the importance of teamwork between humans and technology, a partnership he claims will be key for competitive businesses in decades to come.

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Episode 82: Delocalizing Talent with Virtual Workplaces

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Peter and Dan showcase a number of entrepreneurs working on wireless power, virtual workplaces, and educational platforms with built-in facial recognition. 

In this episode:

  • Peter discusses Guru, a company that has built a wireless charging system that transmits electricity using high-frequency radio waves. By combining this technology with 5G, businesses like Guru might soon usher in a wireless world. 
  • Peter gives an update on eXp Realty, which has zero physical offices yet thousands of real estate agents, all of whom engage in virtual workplaces for meetings, training sessions, and the like. 
  • Dan and Peter discuss David Sinclair’s “information theory of aging,” a compelling theory regarding why we age.

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Episode 81: The Era of Quantum Supremacy

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Peter and Dan discuss the state of quantum computing and Google’s announcement that they achieved ‘quantum supremacy’ in October 2019. 

In this episode:

  • Peter gives a general overview of what quantum computing is and why this matters to entrepreneurs. 
  • Dan and Peter discuss the skill of asking great questions and why general AI’s will soon assist every aspect of our lives. 
  • Peter mentions a few unexpected consequences of converging technologies like 5G, broadband satellites, and quantum computing available on the cloud for free.

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Episode 80: Democratizing Energy Storage

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Peter and Dan discuss entrepreneurial breakthrough stories specifically in the energy industry. They talk about the importance of timing in launching a new venture and why the 2020’s will be the decade of exponential energy.

In this episode:

  • Peter mentions a company “Energy Vault” that is specializing in gravitational energy storage. Its primary product is a gravity battery that utilizes a multi-headed crane to store energy in a stacked tower of heavy blocks made from concrete.
  • Dan mentions that energy is becoming exponential, because as more and more energy is available, human aspirations for using energy increases. 
  • Peter discusses another company “Heliogen” that is using concentrated solar energy to exceed temperatures greater than 1,000 degrees Celsius, transforming sunlight to create and replace fuels.

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Episode 79: Free Zone Frontier

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Peter and Dan discuss an effective strategy whereby entrepreneurs and established companies eliminate competition, not by overtaking competitors, but rather by building new partnerships through collaborative opportunities.

In this episode:

  • Dan defines and illustrates his concept of the “free zone frontier.” By establishing a partnership between two well-positioned capabilities, one party–the designated “simplifier”–provides a new solution while its counterpart serves as a massive “multiplier.” 
  • Peter offers the example of Amazon’s open sourcing of its internal company software platforms, allowing competitors to use its services and, in turn, make them cheaper for Amazon. By purchasing Amazon fulfillment and customer service, for instance, firms gives Amazon far more data, improving their services while making them cheaper.
  • Dan and Peter highlight numerous cases of entrepreneurs that provide value to clients without anything in return, and thereby validate the products of their business partners. This eventually leads to massive revenue streams and sustainable, trusted businesses.

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Episode 78: Personalized 3D Printed Homes

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Peter and Dan discuss the oncoming wave of 3D-printed homes, soon to grant us far cheaper, more accessible, and environmentally sound alternatives to traditional housing. Offering numerous implications across materials science, market competition and the wealth gap, Peter and Dan demonstrate how both the construction and real estate industries will experience monumental disruption in the coming decade.

In this episode:

  • Peter emphasizes the need to constantly experiment with emerging technologies and novel materials exiting the R&D stage, as well as the importance of integrating 3D printing into your own business.

  • Dan analyzes his concept “don’t compete when you can collaborate,” explaining the benefits of seeking out and constantly building new partnerships. 

  • Peter showcases the company New Story, an innovative nonprofit founded in 2015 that pioneers solutions to end global homelessness. 

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Episode 77: Eliminating Middlemen, When AI Replaces the Sales Agent

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Peter and Dan discuss the first-order implications of artificial intelligence. As technologies like AR/VR, AI and blockchain converge to disrupt traditional business models and processes, countless tasks will become far easier, reducing business costs and time expenditures.

 

In this episode:

  • Peter discusses the latest breakthroughs in augmented reality, validating his belief that AR will become ubiquitous by 2030.
  • Dan emphasizes the importance of skills training, and justifies why AI will transform the education industry.
  • Peter projects AI’s trajectory of becoming more and more knowledgeable. As data explodes in both quality and quantity, middlemen will no longer be needed in most industries.

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Episode 76: Adding 30 Years to Your Healthspan

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With the rise of exponential health technologies, Peter and Dan investigate newly available business opportunities using their “first order implications” framework. When biotech advancements turn sickcare into healthcare, and science adds an additional 20-30 healthy years to our lifespans, what new markets emerge (and which ones disappear)? Peter and Dan discuss the implications to businesses, customers, and society as a whole.

In this episode:

  • Dan delves into the social implications of people having longer professional lives, predicting that mandatory retirement will be moved back by at least 10 years.
  • Peter discusses education industry transformations that will result from people having 2-3 careers. Similarly, once people begin to have far more free time, implications within the travel, tourism, and entertainment industries will unlock new challenges and business opportunities.
  • Peter forecasts our increased food demand over coming decades as people live longer. Consequently, he and Dan project a surge in the lab-grown meat market, which will lead to better-tasting, lower-waste, and far more environmentally sound food production.

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