MountainScenarios

Disruptive Innovation: AI Will Spark Exponential Economic Growth

(First published on IntellZine on April 4, 2024, https://www.intellzine.com/2024/04/disruptive-innovation-why-ai-will-spark.html … Repeat here with permission.)

The innovation and investment guru Cathy Wood gave a TED talk in December 2023 about 5 pivotal innovation platforms that will (continue) to change the world as we know it. Her group expects to see exponential sustained growth that is fueled by the productivity gains in these areas, especially where they converge. The 5 platforms (AI, Robotics, Energy Storage, DNA sequencing, and blockchain) are described below, with AI in the center. One example she uses is the rapid move to self-driving taxis. TED talk with Cathy Wood, Why AI Will Spark Exponential Economic Growth. (2023, Dec. 18).  

GenAI Everywhere (Build a Table)

We are working on a Regenerative Dynamic approach to articles and blogs. Using Generative Artificial Intelligence (GAI), we provide the prompts that produced the answers (blog, table, graphic, etc.). This way the reader can regenerate and extend what we produce in the hyper-fast changing world of AI. A month from now, or a year from now, with a different GenAI, the results may be different. Also, there are often links to Wikipedia where the pages are continually updated.

YOU: Besides ChatGPT and Google Gemini, what other major platforms use GenAI? Do Samsung and IBM have similar AI products?

H+AI: The Genius of Crowds and AI

This site has now taken a dive into AI, Generative Artificial Intelligence (GAI) in this case. AI Assistants are everywhere now, and proliferating. In search(ish) there is Google’s Gemini (formerly Bard); in Microsoft there’s Copilot which utilizes OpenAI’s technology. And, of course there OpenAI’s ChatGPT itself, with the open source version available to anyone who has the time and money to obtain data, pre-train, and implement their own GAI system — typically for a more specific application like internal customer service.

There is a new heading on DelphiPlan.com (ScenarioPlan.com) that addresses Delphi + AI, or Scenario + AI… https://delphiplan.com/delphi-ai-primer/

Scenario Planning within Nonprofits

A seminar for nonprofits included discussion of scenario planning as it pertained to the Great CIVID Pandemic. It wasn’t so much scenario planning as we use it here on ScenarioPlans.com, as best, worst, and most-likely case (but more on that later). Imagine the nonprofit, out on thin ice, as the world’s economy went into lockdown. What if all funding froze up, even the promises of commitment? What if we are over-whelmed (under-whelmed) with customer needs? What if we have to cease operations (for an indefinite time)?

An excellent article with tools is at Bridgespan: Nonprofit Scenario Planning During a Crisis. (Image is from Bridgespan.)

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The EV Hurricane Disaster: a 1-sided scenario, part 2

Read  The EV Hurricane Disaster: a 1-sided scenario, Part 1 on ScenarioPlans.com (also DelphiPlan.com). The EV disaster article analyzes a viral email that talks about how horrible it will be when a hurricane is storming into a population center and the electric vehicles are all stuck on the road with no possibility for charging.

PART 2 of this discussion is from SustainZine: The EV Hurricane Disaster: a 1-sided scenario, part 2. (Repeated here for convenience.)

The EV Hurricane Disaster: a 1-sided scenario, Part 1

An unsigned, undated, email came circulating the web presenting a horror story about EVs: Everyone has electric cars, and they are all trying to flee the peninsula (let’s say South Florida) as a hurricane approaches. Cars are stuck in traffic with no place to go, and no place the recharge. Can’t run radios and air conditioning because that uses precious batteries. Kids and elderly suffering in sweltering heat.

The obvious conclusion: we all need to stick with huge gas-guzzling SUVs and avoid moving into the future.

Crypto Currency as Legal Tender in El Salvador, and more…

It has been interesting to find people within governments trash talking crypto currency. “No way it will become mainstream.” “Doesn’t have backing of a sovereign government, so …”

Bitcoin in El Salvador store. Official starting Sept 7 2021. (Reuters)

WEF Global Risks Report for Scenario Plans

The Global Risks Report 2021, 16th Ed., Insight Report, was just released by the World Economic Forum (WEF). This is one of the best places in the world to gather ideas for scenario planning, especially Chapter 1 on Fractured Futures. Essentially, this report is scenario planning, but for the whole of the world, and then on a region-by-region basis. So, a government, a business, or a non-profit organization can simply review these risks, adapt the concepts to your locale and situation, and wa-la, you have scenarios to plug into your scenario planning workshop. Of course, multiple risks might have similar results for your organization; for example, disaster recovery planning might be similar for man-made disasters as well as natural disasters.

Survival Plan

Survival Planning: using scenarios in times of extreme uncertainty

A Recession is destructive innovation. It has accelerated, for example, the Amazon effect of online sales and purchases with the closure of some 29 retailers. The recession of the 2020 Pandemic is different in some respects, straining local restaurants and bars, even the best of local.

Beyond Moore’s law, Beyond Silicone Chips

Beyond Moore’s law (by Dr Ed Jordan)

After almost 60 years, Moore’s law, related to the doubling of computing power every year-and-a-half-ish, still holds. At the current exponential speed, there is a brick wall looming in the foreground: the physical limitations of silicon chips. The most straightforward example of how that might impact a company is to look at Intel Corp. But first more on Moore’s law and the more general idea of learning curves.

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