The rate of change is accelerating.
The futurist and Google’s director of engineering, Professor Ray Kurzweil has predicted that in the 21st century, technological advancement will move forward not by 100 years but by 20,000 years.
And his predictions about technological advancement have been quite accurate so far – he’s had an 86% success rate!
So, when he says that computer intelligence will match human intelligence by 2029 …
It’s highly likely that some form of technological change is going to disrupt your industry in the near future and whatever 3, 5 or 10 year plans you currently have.
And whatever you do, don’t fall into the trap of thinking that your industry might be in some way protected from this disruption.
The impact of AI (artificial intelligence) – the embodiment of this technological advancement – is all around us. And in many instances, AI is revolutionizing entire industries that you’d imagine might be outside of its reach, in the blink of an eye.
Uber is an example.
In a little over a decade, Uber revolutionized the taxi industry and became a $15 billion business whilst million-dollar competitor businesses became worthless overnight.
And the important thing to recognize here is that …
Uber isn’t in the taxi business. They are in the AI business.
Which means that right now someone, somewhere (probably a 14-year-old kid in their bedroom) is almost certainly working on a move way beyond what you have planned … and they are going to disrupt your industry with AI.
Who are they? Where are they? Maybe it’s time you sought out and befriended these ‘geeks’.