The Role of Higher Education, Optimism, Purpose and Science in Shaping Our Future

Last week, while researching the history of innovation, I stumbled across a reference to the role the Morrill Land-Grant Act of 1862 and 1890 played in elevating the standard of living in America.  I was not familiar with it.  Seems the act was signed into law by President Abraham Lincoln in 1862, and it was a groundbreaking piece of legislation that permanently altered the American educational and economic landscape. 

It was the vision of Vermont Congressman Justin Smith Morrill, and supported by a broad coalition of lawmakers.  The Act aimed to democratize access to higher education and promote practical scientific research. The Morrill Land-Grant Act significantly contributed to the improvement of the American standard of living, a testament to the foresight of its proponents.

In the United States we have a long tradition of being very sceptical of government involvement in just about everything, but the Morrill Land-Grant Act stands as a powerful example of how we can use foresight, optimism and vision to unite our efforts for the purpose of improving our future, and our standard of living.  

Justin Smith Morrill, envisioned a more democratized system of higher education. Coming from a poor background, Morrill believed strongly in the idea of self-improvement and saw education as a means of social mobility. Morrill and other supporters of the Act sought to broaden access to higher education beyond the privileged elite, enabling more Americans to gain the skills necessary for success in an increasingly industrialized society.

The Act's supporters were also motivated by a desire to stimulate practical scientific research. The Act specifically mandated the teaching of agriculture and mechanical arts (engineering) in addition to classical studies, reflecting the belief in the transformative potential of applied science.

The Morrill Land-Grant Act enhanced the standard of living for millions of Americans over the decades in several significant ways. 
  1. By providing federal lands to states to fund the establishment of public colleges, the Act democratized access to higher education. Today, there are 112 land-grant institutions that collectively enroll between one and two million students each year, and since its inception has graduated tens of millions. 
  2. The Act promoted research and innovation, particularly in agriculture and engineering. The agricultural experiment stations, for instance, significantly increased agricultural productivity, leading to a more abundant and cheaper food supply, a crucial factor in improving the standard of living.
  3. The Morrill Act spurred economic development at local, state, and national levels. As major employers and centers of innovation, universities have a substantial impact on their local economies. A 2019 report from the Association of Public and Land-grant Universities found that these institutions contributed over $2.8 billion to the U.S. economy in 2017 alone, supporting more than 17.5 million jobs.
  4. The investment in applied sciences is foundational to economic growth and innovation which drives improvements in our standard of living.
  5. The Morrill Act has facilitated social mobility by providing affordable higher education to a broad range of citizens. A 2017 study from The Equality of Opportunity Project found that students who attend land-grant universities are more likely to move up in income class after graduation, reflecting the Act's original vision of education as a means of social mobility.
The Morrill Land-Grant Act of 1862 significantly improved the standard of living in America, demonstrating the enduring power of its creators' optimism and vision. By democratizing access to higher education, promoting research and innovation, spurring economic development, and fostering social mobility, this landmark legislation has had a lasting and profound impact on American society.

*I use generative AI in all my work.
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Kevin Benedict
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Fostering Innovation Through Optimism, Science and Public Sentiment

As we navigate the intricacies of the 21st century, we must recognize the influential role public sentiment plays in shaping society's progress. By “progress,” I mean the combination of economic, technological, scientific, cultural, and organizational advancement that has transformed our lives and raised standards of living over the past couple of centuries. We will explore the relationship between societal mood, trust in science, and innovation, highlighting historical case studies and data points that emphasize these relationships. By fostering trust in science and promoting a positive public sentiment today, leaders can create an environment conducive to sustainable innovation and societal growth.

Science has always been a formidable catalyst for societal progress. The ancient Greeks, for instance, used rudimentary scientific principles to engineer astounding structures like the Parthenon and pioneered advancements in medicine, mathematics, and astronomy. During the Middle Ages, Arabic scholars preserved and expanded upon the knowledge of the Greeks, contributing to fields such as algebra and optics.

The Scientific Revolution of the 17th century marked a pivotal shift in scientific thought. Galileo's heliocentric model and Newton's laws of motion dismantled established notions of the universe, laying the groundwork for modern physics. The trust placed in their revolutionary ideas, although initially met with resistance, ultimately led to further exploration and discoveries.

The 18th century's Industrial Revolution, spurred by innovations such as James Watt's steam engine, led to mass production and changed the face of economies globally. During the 19th century, Louis Pasteur's germ theory revolutionized medicine, leading to life-saving treatments for previously incurable diseases.

The 20th century saw unprecedented scientific advancements, from the development of antibiotics and vaccines to the creation of the internet. These technological advancements, largely borne out of periods of optimism and societal trust in science, have revolutionized communication, health, and many other facets of our lives.
Research suggests there is a connection between happiness and innovation at both the individual and societal levels. Happiness can foster creativity, which is a fundamental driver of innovation. 
History tells us that the road to a better future is accessed through discovery, gaining knowledge and applying it. Sitting still or pining for the past are not the answers.  Science helps us gain knowledge on how to improve the human experience and progress. Yet, the road to progress has often been bumpy, with mistrust and misunderstanding casting shadows over scientific advancement. Galileo faced the Inquisition for his revolutionary ideas, and a few years back, the false link between MMR vaccines and autism led to a decline in vaccination rates, and misinformation led to distrust of vaccines during the COVID-19 pandemic which had serious consequences for millions.  We will discuss this more later.

The Correlation between Societal Moods and Innovation:

Positive societal moods have often given rise to periods of profound creativity and advancement. For example, the post-World War II economic boom was characterized by societal optimism and trust in science. This period saw a surge in total patent filings – from 91,996 in 1946 to over 316,386 in 1965. It also produced breakthrough inventions such as transistors, mainframe computers, and satellite technology. The optimism of the era and the faith in science allowed these technologies to permeate society quickly, transforming the economic and social landscape.  

The Center for Science and the Imagination at Arizona State University even has a mission of encouraging optimistic thinking about the future through fiction and narrative: It observes that imagination and ambition themselves play a large role in shaping our future.
The late 19th century in the United States was marked by a strong faith in the power of reason and technology to improve society.
Conversely, negative public sentiment, often fueled by misinformation, politicians that promote fear for political gain, or economic hardships, can hinder innovation. During the 2008 financial crisis, research and development (R&D) investments took a significant hit, halting the annual growth in patent filings.  However, once R&D budgets and optimism returned patent filings rapidly grew from 482,871 in 2009, to 646,855 in 2022. 

Challenging times, however, can also serve as a catalyst for innovation. The COVID-19 pandemic, despite its devastating impacts, has accelerated advancements in telemedicine, remote work technologies, and mRNA vaccine development. 

The Challenges of Trust in Science in the Age of Misinformation:

In our information-saturated society, misinformation and disinformation pose significant threats to public trust in science.  A 2020 report by the National Academies of Sciences, Engineering, and Medicine identified misinformation about science and health as a "significant threat to public health and well-being."  One timely example, as mentioned earlier, is the widespread misinformation about vaccines. A study in the Lancet in 1998 falsely linked the MMR vaccine to autism, leading to a decrease in vaccination rates that then led to serious measles outbreaks. Although the paper was later retracted, that misinformation continues to echo around the internet and it continues to impact public trust in vaccinations today.

Climate change is another domain where misinformation has hampered progress. Despite the overwhelming scientific consensus on human-induced climate change, misinformation campaigns have resulted in significant portions of the public doubting its existence or severity, which hinders urgent climate action and we all suffer.

Recommendations:

Leaders play a pivotal role in shaping public sentiment and fostering trust in science. By promoting transparency and encouraging science education, they can enhance public understanding and acceptance of scientific advancements and scientific processes.  Science is not about being right the first time.  It is a process of learning, gaining knowledge and getting better.  It is the story of our human progress.
While science generates much of our prosperity, scientists and researchers themselves do not sufficiently obsess over how it should be organized. ~ Patrick Collison and Tyler Cowen
Politicians that might gain a few points in the polls by promoting fear and an anti-science position must look past personal interests and understand the larger negative impact on society and public health.

Transparency in communication is crucial. For instance, during the 2014 Ebola outbreak, Liberian President Ellen Johnson Sirleaf's regular, transparent updates played a critical role in combating misinformation, maintaining public trust, and managing the crisis effectively.

Investing in science education is another powerful tool. For example, Finland, which boasts one of the world's best education systems, has a strong focus on science education. This focus has not only resulted in high science literacy rates but also a strong public trust in science and a vibrant innovation environment, evidenced by the number of Finnish patents filed and tech companies created.

Leaders should also strive to celebrate scientific achievements and foster collaborations between scientists and communities. The Human Genome Project, a collaborative effort involving scientists from around the world, has had profound impacts on medicine and been widely celebrated, enhancing public trust in science.

Today, leaders must navigate the intricate dynamics of societal moods, trust in science, and innovation. They must strive to foster an environment of positivity and trust, necessary for maximizing the societal benefits of scientific advancement. A Pew Research Center study found a decline in trust in science in the United States, from 73% in 2009 to 58% in 2021. Another concern is that in 2021, 29% of U.S. adults say they have a great deal of confidence in medical scientists to act in the best interests of the public, down from 40% who said this in November 2020. Similarly, the share with a great deal of confidence in scientists to act in the public’s best interests is down by 10 percentage points (from 39% to 29%), according to a new Pew Research Center survey. Such data underscores the critical need for leaders to cultivate trust in science, given its direct influence on the pace and acceptance of innovation and ultimately our standard of living. 

The evidence is clear: optimism about the future and trust in science is essential for innovation. Leaders looking to foster a culture of innovation must focus on building trust in science through transparency, investment in science education, and the celebration of scientific achievements. By doing so, they lay the foundation for a future where progress and growth are not merely possibilities but happy expectations.

*I use generative AI to assist in all my work.
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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

A View from the Frontlines of Generative AI with Expert Deepak Seth

Generative AI is one of the most important developments I have seen in my career in high tech.  I find it endlessly fascinating, powerful, astounding and terrifying all at the same time.  In this episode our guest is the brilliant Deepak Seth.  Deepak is an expert in financial services platforms, artificial intelligence and machine learning.  Join us for a deep dive into these subjects and more.




*I use generative AI in all my work.
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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Future-Oriented Mindsets: A Historical Reflection

Innovation and progress are not random phenomena; rather, they are the result of purposeful optimism and a forward-thinking mindset.

Historically, a good example of a future-focused perspective is the Renaissance, a transitional period between the Middle Ages and our contemporary times. During this era, society collectively shifted its mindset, emphasizing the possibilities of human potential and reason over entrenched traditional belief systems. This forward-thinking and hopeful transformation paved the way for an explosion of creativity and intellectualism in the arts, literature, philosophy, and science, underscoring the significant influence of mindset on societal evolution.

The Enlightenment Era further demonstrated the transformative capacity of a future-facing perspective. Anchored by intellectual stalwarts like Locke, Kant, and Voltaire, the Enlightenment was characterized by a steadfast conviction in human rationality and its potential to advance society through knowledge acquisition. This hopeful attitude ignited ground-breaking progress in various fields including politics, philosophy, science, and culture - progress that continues to inform our modern society.

The Industrial Revolution is another testament to the compelling power of a forward-thinking mindset. This era witnessed seismic shifts in technology and society, underpinned by an optimistic faith in human inventiveness. Advances in mechanization enhanced productivity and revolutionized society. The ensuing industrial and economic growth revealed the potency of a positive, future-oriented mindset.

The 21st century came with renewed optimism for the potential of technology to grow our economies and better our world through digital transformation. This period, characterized by the emergence of the internet, advancements in computing, and widespread digital technologies, has radically transformed all aspects of human existence. The ongoing Information Age reinforces the proposition that a hopeful and future-oriented mindset can significantly boost progress and innovation.

Historical evidence repeatedly confirms the instrumental role optimism and a future-focused perspective play in driving advancement and cultivating innovation. As leaders, understanding and nurturing these relationships is crucial. 

*I use generative AI in all of my work.

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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

The Telegraph: A Catalyst for an Improved Standard of Living

The "Special Century" is a name given by historians to the period of time starting in 1870 and ending in 1970.  This century launched an astounding variety of innovations and inventions, plus supported a historic rise in the standard of living for much of the world.  Never before in history had so many far reaching history-shaping developments happened in such a relatively short period of time.  

Why 1870?  What about the Renaissance, the Scientific Revolution, the Age of Enlightenment, the Industrial Revolution and the Information Age?  Why was 1870 the date when innovations and inventions came together to dramatically raise the "standard of living" for many?

I propose the telegraph is a key part of that answer.  It was a keystone invention that not only enabled economic growth in ways never before possible, but it also played an important role in making all of our lives better. 

The most direct impact of the telegraph was the revolution in time and communication. The telegraph obliterated the time barriers that hindered information transfer, transforming it into an instantaneous process. This had a profound influence on many aspects of life and industry.  

The telegraph also contributed significantly to economic development. Rapid exchanges of information facilitated trust and prompt business decisions enabling companies to adapt swiftly to market conditions. This efficiency led to the creation of new wealth and indirectly improved living standards. 

The telegraph also enabled the rise of modern financial markets as real-time communication of stock prices made it feasible for a wider audience to participate in financial exchanges and wealth creation, thus contributing to broader economic growth.

The geographic expansion of businesses were directly fueled by the telegraph. Telegraphs allowed companies to manage far-flung operations efficiently. Information from distant markets could be gathered and processed almost instantaneously, leading to better decision-making. Moreover, the telegraph enabled effective coordination of supply chains. Businesses could manage deliveries and inventory across vast geographical areas, driving down costs and driving up efficiency. 

The telegraph also played a vital role in the early stages of globalization. It linked continents and made international communication convenient and swift. This gave businesses access to global markets, making it feasible to sell products and source raw materials internationally. The ease of international communication also meant that diplomatic discussions could be sped up, smoothing the path for global trade agreements and fostering international cooperation. 

Furthermore, the telegraph revolutionized the financial world by enabling telegraphic transfers. This allowed money to be transferred quickly over large distances, facilitating global trade and investment. Telegraphic transfers allowed businesses to expand into new regions, fueling the process of globalization.

The telegraph was a pivotal innovation in human history. Its contributions to societal communication and business processes profoundly shaped the trajectory of the developed world. By enabling faster and broader communication, the telegraph allowed businesses to reduce information blind spots in operations, expand and globalize. This invention laid the foundation for subsequent communication technologies and set the course for the interconnected world we live in today. 

This is not, however, the whole story.  The account, so far, has been largely about how the telegraph enabled businesses to expand, and the economy to grow.  Our standard of living, however, is something different.  It involves things like clothing, food, health, transportation, home, energy, communications, information and work.  Our rising standard of living during this time in history didn't just happen by accident.  It took many people from around the world with a shared purpose to improve the human condition.  This ambitious global movement, known as the progressives, required a new kind of communication strategy to help it all work together.  The telegraph was a timely solution.

The Progressive Era, (1880s to 1920s), was a period of broad social and political change.  Progressive movements at the time aimed to address problems caused by industrialization, urbanization, immigration, and corruption in government.  The organizers of these movements were fast learners and utilized the telegraph to their advantage in organizing activities, campaigns, legislation and voters.  The telegraph was essential for them to coordinate their activities across large geographic areas in near real-time. This new kind of communication strategy was used successfully to organize a national convention of women's clubs in 1889, a national strike of railroad workers in 1892, and a national campaign against child labor in 1900 to name a few.

The opponents of the progressive movements were slower at adopting these new kinds of global, near real-time and mass communication strategies powered by the telegraph, and as a result the progressive movement was able to achieve many of their goals, such as passing child labor laws, establishing the Pure Food and Drug Act, and winning women's suffrage all of which enhanced the standard of living for millions.

The telegraph was also a key component in the growth of the press during the Progressive Era.  Organizations like the Associated Press and Reuters were called wire services because of their connection with the telegraph.  These telegraph based news wire services were instrumental in exposing corruption and promoting social and political change during this time. It was a symbiotic relationship between the telegraph, the progressive movement and news wire services that influenced many social changes that broadly improved our standard of living.

The telegraph represented a revolution in communications rivaling both the printing press and the Internet, plus it was instrumental in helping improve the standard of living for ultimately billions of people.

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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Insuring Against Cyber Threats with Expert Bob Parisi

In this deep dive with Munich Re (Groups) cybersecurity expert Bob Parisi, we learn how the insurance and reinsurance industry develops policies to cover different cyber security threats.  We ask questions like:
  • How have you seen the risk for cyber attacks change over the past 5-10 years?
  • What are the risks around generative AI, and other forms of AI that insurance companies are thinking about?
  • How do you calculate or quantify the level of exposure or risks a particular company might face?
  • What standards do you use to judge how secure a company is against cyber threats?
  • How do you anticipate the threat surface for cyberattacks evolving over the next 5-years?
  • Much more...
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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Join the Linkedin Group Digital Intelligence

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Digital Twins Film Project - Premier

I had a great time participating in the filming and development of a 10 minute film on digital twins recently.  Last week was its premier at the TCS Innovation Forum.  Many thanks to the brilliant production via the communications and storyboard teams at Tata Consultancy Services - Ian Vollmer, Andrew Corcione, John O'Leary Emily Jane Lewis, George Faulkner, Katie Hemcher, and great contributions from Alexandra Whittington and Frank Diana.

Here is the film!  We hope you find it insightful and interesting!




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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Artificial Intelligence and Your Soul - An Interview with David Espindola

Futurist David Espindola’s new book has just been released, "Soulful: You in the Future of Artificial Intelligence."  Alex Whittington and myself were fortunate to be able to interview him a couple of weeks back so we could share it with you today. 


David doesn't shy away from the challenging topics of God, soul, purpose, Christianity, religions, and AI.  I applaud him for sharing his perspectives and giving us much to contemplate.



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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

The Rising Tide of Digital Realities and Their Influence: An In-depth Analysis

Every year or so I want to remind readers of the importance of media literacy, and to caution that both overt and covert influence campaigns are being run continuously through traditional and new media platforms with the intent of altering our perceptions, opinions and ways of thinking.  Our brains are the new battlefield, and it's up to each of us to protect them.

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Emerging on the horizon of our digital landscape are burgeoning alternative realities. They manifest as immersive gaming experiences, virtual and mixed realities, progressive Web 3.0 technologies, and the impending Metaverse worlds. These digital realms offer limitless escapism and engrossing entertainment, often drawing us in willingly, with full awareness of their entrancing allure.

Despite the known addictive qualities of these virtual environments, they are seen as acceptable indulgences. Yet, the focus of today's discussion lies not with these recognized digital realities, but rather with the unanticipated, unseen ones that envelop us.

Skilled influencers, operating in the interest of diverse entities, ranging from politicians to military strategists, employ a well-established set of tools and techniques. Their aim? To subtly alter an individual's perception, thereby constructing an alternative reality within their minds. The most concerning aspect is that the individuals affected often remain oblivious to their manipulated mindset until it's too late.

We've all witnessed the unsettling transformation of once content friends or family members into bitter, irritable individuals, incensed by an incessant diet of contentious political talk shows and hostile editorials. These changes aren't accidental; they are the result of meticulously planned campaigns aimed at reorienting an individual's thinking by submerging them into an alternate reality. This sophisticated strategy, designed to reshape individuals' thought patterns, follows a long-standing blueprint:
  1. Pinpoint your target audience.
  2. Define your objectives: the ideas, cognitive frameworks, and behaviors you seek to propagate, influence, or modify within your audience.
  3. Identify your audience's emotional susceptibilities: these act as the conduit for the introduction of an alternative reality.
  4. Recognize demographic groups most susceptible to psychological manipulation, often the socio-economically disadvantaged, elderly, less educated, and minority groups. These individuals often grapple with dissatisfaction, financial insecurity, and disenfranchisement.
  5. Harness various communication channels, such as social media, traditional media, and messaging platforms, to synchronize and amplify the key messages appealing to these groups' vulnerabilities and grievances.
  6. Amplify and disseminate key messages relentlessly until your target audiences reciprocate the messages.
  7. Understand that truths, half-truths, and outright fabrications can all serve to effectively sway an audience's thinking. The crucial aspect is not consistency or credibility, but sheer volume: inundate your audience with an avalanche of correlated messages.
  8. Utilize narratives that align with your cause, repeating them frequently to create a defensive barrier against external influences.
  9. Center your messaging on elevating the "status" of your audience over other groups.
  10. Highlight and amplify your target audiences' grievances.
  11. Assign blame for all grievances to educated elites, rival political factions, outsiders, corporations, foreigners, the wealthy, and minorities.
  12. Denounce all dissenting voices, views, and opinions as biased, fraudulent, corrupt, and unpatriotic.
  13. Secure a popular spokesperson eager to voice your audience’s grievances, unafraid to make the harsh and uncouth statements that others only dare to think.
  14. Incite distrust in established institutions, norms, and leaders.
  15. Advocate simplistic solutions to complex problems and grievances.
  16. Bestow upon your target audiences “secret” insider information and conspiracy theories that make them feel distinctive, intelligent, and valued.
  17. Grant your target audience a noble purpose, a mission to champion and defend, offering them a path to status and recognition.
This list of nefarious influence techniques exploit an audience's base instincts rather than their better judgement. They tap into biases, prejudices, fears, and insecurities, weaving them into narratives that shift blame onto others while portraying themselves as heroic figures in a grand narrative. These narratives rewire our brains, altering our thought patterns and trapping us in an alternative reality, often without our conscious realization. 

This discussion aims to shed light on the tools, strategies, and techniques employed to craft these alternative realities. By identifying and understanding these mechanisms, we equip ourselves with the knowledge to navigate these digital landscapes with discernment and wisdom.

In this new age of digital realities, it's crucial we remain vigilant of the subtle influences that seek to shape our perception. By doing so, we can guard our minds against unwarranted manipulations, ensuring our engagement with digital realities remains within the realms of informed entertainment and enriching experiences.

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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

GPT and the Consequences of Knowledge Friction


ChatGPT has democratized knowledge in ways that few innovations outside of the Gutenberg printing press, the internet, and search engines have done.  It not only finds content, but answers our specific questions with formatted explanations and analysis, and remembers our conversations at a later date.  

This month, the new AutoGPT is making headlines.  AutoGPT enables advanced reasoning capabilities and understands context and concepts effectively in a configurable and automated manner.  AutoGPT can provide valuable insights and recommendations, supporting data-driven decision-making and facilitating efficient business processes all automatically.  
 
The automation component of AutoGPT can help reduce knowledge friction caused by the lack of time.  If you don't have the time to study and research important and impactful topics, the lack of time becomes a source of knowledge friction.  Automating the research, analysis, formatting and distribution of knowledge is a powerful feature.

In business, knowledge friction hurts.  It often forces leaders to make decisions based on conjecture, rather than by data-driven decisions. In addition, it can have the following implications:

1. Information asymmetry: When one party in a transaction has more or better information than the other, it can lead to imbalances in bargaining power and market inefficiencies. For example, when sellers with low-quality products can exploit uninformed buyers.
2. Market failures: Knowledge friction can contribute to market failures when information is either scarce or costly to acquire. For instance, consumers might not be aware of the full range of available products or their quality, leading to suboptimal choices. 
3. Barriers to entry: Imperfect information can create barriers to entry for new businesses or innovations. Startups may struggle to convince potential customers of their value proposition or face difficulty acquiring necessary information to compete effectively with established firms.
4. Price discovery: Knowledge friction can impact the process of price discovery in markets, as buyers and sellers may not have complete information about supply and demand conditions. This can result in price volatility, inefficiencies, and the misallocation of resources.
5. Decision-making: In the presence of knowledge friction, individuals and businesses may face difficulties in making informed decisions, leading to suboptimal choices and potentially reduced economic efficiency.
6. Innovation and technology diffusion: Knowledge friction can slow down the dissemination of new ideas, technologies, and best practices, limiting the potential for innovation and technological advancements to drive economic growth.
7. Competitive advantage: Firms that can manage and reduce knowledge friction may gain a competitive advantage over their rivals. This can be achieved by investing in research and development, employing better information management systems, or developing a reputation for transparency and trustworthiness.

Knowledge friction plays a significant role in capitalistic markets by influencing market efficiency, competition, innovation, and decision-making. Reducing knowledge friction can lead to improved market outcomes, but it's important to understand that not every businesses wants to remove knowledge friction.  Some companies have built successful businesses in niche markets that thrive on knowledge friction.  They are unlikely to be as enthusiastic with artificial intelligence as others.

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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Navigating the Future: Essential Characteristics and Strategies for Leaders

In an ever-changing world filled with uncertainty, business executives often grapple with the responsibility of anticipating and adapting to emerging trends and technologies. In this article I aim to provide guidance on how to focus on the most critical elements in the age of digital transformation, as well as how to cultivate a forward-thinking mindset.

My first piece of advice is to prioritize what matters most. Amidst the noise and distractions, it's crucial to identify the most important factors for your organization. As Donald P. Coduto wisely said, "The most important thing is to keep the most important thing the most important thing." Embrace this principle to maintain focus and ensure success.

Understand the game you are competing in.  Understand your competition.  Master the rules of digital transformation. To excel in today's competitive landscape, it's essential to understand the dynamics of the digital age. Key elements to consider include:
  • Data as the modern commercial battlefield
  • The pursuit of information dominance
  • The importance of optimized information logistics systems
  • The value of speed, analytics, and operational tempos
  • The necessity of real-time operational tempos
  • The competitive edge of quick data analysis and action
  • The exponential increase in competitive advantages through data-driven strategies
  • The benefits of situational awareness in innovation and efficiency
  • The growing economic value and innovation opportunities through data collection and analysis
  • The diminishing value of data over time and the importance of timely utilization
  • The multiplier effect of contextual information and timely delivery
  • The emphasis on digital twin capabilities and strategic information use over sheer size
The businesses of tomorrow will compete on decision-making.  To win, decisions must increasingly be automated.  As the world becomes increasingly data-driven, organizations that automate decision-making processes will dominate. Invest in technologies that streamline and enhance these processes to stay ahead of the competition.

Leaders must focus on and cultivate a "futuristic mindset." Rather than attempting to understand every emerging trend and technology, executives should focus on developing the essential characteristics of a forward-thinking mindset. This approach allows leaders to effectively navigate and adapt to the evolving digital landscape.  The following are some of the essential characteristics focus on.
  1. Embrace data and AI: Leverage data, artificial intelligence (AI), and machine learning (ML) to gain insights, make better decisions, and enhance efficiency.
  2. Automate processes: Explore and implement automation to improve your business and customer experience.
  3. Capture and codify expertise: Record and digitize human knowledge for use in automation and decision-making.
  4. Enhance visibility and information access: Utilize technology to gain better insights, situational awareness, and decision-making capabilities.
  5. Adopt digital twins: Use digital twins for remote sensing, action, and scenario simulations.
  6. Use networks to innovate: Upgrade your strategies, business models and user experiences as networks enabled new capabilities.
  7. Align strategies with technology: Ensure your strategies evolve in tandem with emerging technologies and customer expectations.
  8. Understand and navigate time dimensions: Balance human, digital, and future time to optimize performance and prepare for the future.
  9. Encourage innovation and adaptability: Foster a culture of innovation and adaptability to maintain a competitive edge.
  10. Focus on customer experience: Understand customer interactions and design inspiring journeys for them.
  11. Define your purpose: Develop an authentic and inspiring purpose to motivate employees, customers, and stakeholders.
  12. Build and engage with ecosystems: Collaborate with partners and stakeholders within your industry ecosystem to create more value.
  13. Prioritize learning and adaptability: Continuously learn about and adapt to new technologies and trends.
  14. Simplify processes: Reduce complexity to improve agility, speed and innovation.
  15. Assess and adapt to future scenarios: Utilize frameworks and models to anticipate future changes and adapt accordingly.
  16. Consider generational perspectives: Understand and cater to the different perspectives of each generation.
  17. Improve human experiences: Strive to make the workplace and world more fulfilling for human beings.
  18. Foster purposeful thinking: Encourage and invest in thoughtful decision-making and innovation within your organization.
  19. Establish a unifying doctrine: Develop guiding principles to unify your organization and provide a basis for action.
To wrap things up, leaders must adapt to the rapidly evolving landscape by leveraging emerging technologies and reevaluating their strategies to stay ahead of the competition. Embracing data-driven insights, automation, and AI will be essential for making informed decisions and enhancing customer experiences. Moreover, fostering a culture of innovation, understanding the importance of purpose, and prioritizing human flourishing will ensure that organizations remain resilient in the face of change. By incorporating these 19 key concepts into their strategic approach, leaders can most effectively navigate the complexities of the digital era and harness the potential of future technologies for the benefit of their stakeholders and the broader ecosystem.

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Kevin Benedict
Futurist at TCS
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***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Knowledge Friction and GPT

As a futurist, I am always reading with an eye on how the information I am consuming might have an impact on the future.  Last week, my colleague, Ashok Krish, the Global Head of Digital Workforce at TCS, wrote, "Generative AI tools have the potential to provide expert knowledge to employees who may not have specialized training in a specific area."  That got my attention.  Will GPT and other LLM (large language model AI systems) enable many more of us to have access to expert knowledge?  If generalists were soon to have the power of easy and constant access to expert knowledge, how might that change the world?

With that question in mind, I took a deeper dive into understanding the concept of knowledge friction, its impact on businesses, and the steps organizations can take to ensure all their team members have access to expert knowledge via AI tools of all kinds.

Knowledge friction in business refers to the barriers, inefficiencies, or difficulties in accessing, sharing, and using knowledge. In the context of business, knowledge friction can influence market dynamics by creating information asymmetry and affecting competition. In other words, what you don't know can hurt you.  Think about the process of buying a used car from a private party.  If the seller knows there is damage to the vehicle, and the buyer does not - that would be an example of knowledge asymmetry.  

If there is knowledge friction inside a business, and useful knowledge is not available or distributed where it is most needed, that is a major problem.  LLM solutions like GPT have the ability to distribute the accumulated knowledge of the world to just about everyone.  LLM's are not perfect, but they are the best source of the world's knowledge ever known to man.  Any organization that resists access to this knowledge, and purposely creates friction to prevent access to knowledge will soon find themselves at a severe disadvantage.

Reducing knowledge friction and improving access to knowledge through advanced AI systems like GPT can yield several benefits for individual enterprises, including enhanced decision-making, increased efficiency, improved innovation and problem-solving, customized customer experiences, enhanced human capital development, better knowledge sharing and collaboration, reduced costs, better risk management and compliance, and a competitive advantage.

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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Join the Linkedin Group Digital Intelligence

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Speed Changes Everything

As a futurist, I often find myself discussing how emerging technologies might impact jobs.  We talk about automation, artificial intelligence, robotics and other technologies that are all obvious candidates for human displacement.  We don't, however, think enough about the physics-related notion of speed. 

Speed refers to how much distance can be covered in a unit of time. If a car moves at 3 MPH, the driver can safely look around, take a drink of water, and eat a burger while driving.  However, if the car is moving at 120 MPH, the task of driving requires all of the driver's attention just to keep it under control.  The difference in speed completely changes the nature of the job.

The following is a list of just a few ways people, things, concepts and processes can be changed when speed increases:
  1. Faster operational tempos require faster decision-making.  At a certain point humans reach their limit.  At that point processes must be automated and decisions made by algorithms to progress.
  2. Speed changes organizational charts. Faster operational tempos require flatter organizational charts and fewer humans in the decision chain.
  3. Speed requires faster acting and reacting.  Again, humans have their limits.  At a certain point automation and algorithms must take over to manage the speed of action.
  4. Speed mandates continuous  and increased levels of attention and concentration.  Humans tend to quickly lose concentration, which soon becomes a big liability.  Automation will need to take over in a 24x7x365 - always on world.
  5. The faster the speed, the more precision is required.  Often this precision can be lost as humans get tired and lose focus.
  6. Speed quickly destroys the quality of a human experience.  Even a race car driver must rest, recuperate and be restored before returning to the track.  Continuous speed forces humans out of operational processes.
  7. The increasing speed of innovations, invention and transformation makes long-term planning obsolete.
  8. The speed of innovation far outpaces government's' ability to study, regulate and monitor it in order to build guardrails and protect their citizens from potential dangers.
  9. Speed changes how markets operate.  Instant and automated digital trading based on algorithms can cause huge market swings and unanticipated swarming events and bring instability to the global financial system.  There is no time left in this process for wise industry sages to deliberate and ponder.
  10. Speed changes how commerce and e-commerce are conducted.  Consumers want instant information, transactions, confirmations, approvals, feedback, real-time rating, comments, chats YouTube explanations and instant personalization.  Real-time equals automation, as humans cannot operate at digital speeds.
  11. Speed changes how sports betting is conducted.  As more information is produced about every competitor, team, event and environment at a faster pace than ever before - the nature of betting changes.  Sensors, digital twins, data analytics, algorithms and speed increasingly becomes a source of advantage for sophisticated gamblers.  The nature of the game has changed.
  12. Speed changes how democratic elections must be managed and safeguarded.  Media-reporting on elections based on near-real-time data, projections and speculation across different regions, time zones and methods of voting can create confusion, concern and conflict that interferes rather than promotes democracy.  
  13. Speed changes the manner in which styles and cultures evolve.  Influencers can publish media and can instantly change the direction of fashion, create swarming events, or destroy the reputation of other people or things.
  14. Speed changes how languages evolve.  Historically, time and distant provided environments where languages evolved slowly in near isolation or with limited outside influence.  Today, with global media broadcasting, and routine travel around the world the trajectory and pace of language evolution is greatly impacted.
  15. Speed changes how conversations take place.  From face-to-face often requiring travel, to letters requiring travel and delivery, then phones, to email, texting and then chat, as each of these means of communication changed, so also did the way we format information and present it.  It changes our writing style and habits.
  16. Sloths are the definition of anti-speed
    Speed changes relationships - think online dating.  From proximity being a key selection filter to now opening the doors instantly to the world's population, much of what was historically involved with developing a relationship has been impacted by data and speed.
  17. Speed changes the nature of conflict, battles and warfare.  In the roman era, leaders estimated that armies could generally move at 20 miles a day.  So armies separated by 60 miles were thought to be 3 days a part.  Three days allowed time to anticipate, prepare for battle or negotiate for peace.  Today, with stealth aircraft, drones, missiles and hypersonic weapons attacks can occur with little to no warning.  There is no time for negotiation, contemplation and conversation.  The nature of conflict has changed as a result of speed.
Today, speed is tightly integrated with the notion of digital.  As things becomes digitally enabled, speed transforms it.  This transformation often pushes humans beyond their limits.  They become the friction in a world running at un-human speeds.  A place where only more sophisticated digitally enabled things (i.e., robots, AI, algorithms, automation) can work at this new and future operational tempo.

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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Join the Linkedin Group Digital Intelligence

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

GPT-4 for Executives

I feel like a kid with a new bike.  GPT-4 is opening up so many new avenues for discoveries!  In fact, our Future of Business team here at TCS now has weekly trainings and discussions on how GPT-4 works, and how best to use it.  I am just beginning my learning journey, but already some things are clear. GPT-4 has an enormous amount of useful knowledge if you know how to find it.  It's mostly common sense, but here are some helpful things I am recognizing.
  1. Learn the right way to ask questions.  The better and more specific your questions are the better the answers.  That seems basic, but asking GPT-4 a list of similar questions will quickly show you which ones work better.
  2. Tell GPT-4 who it is before it answers a question, e.g., GPT-4, you are a data scientist, or you are a bioengineering scientist, or you are a fireman.  Giving GPT-4 a personna gives it a POV (point of view) to answer question from a specific perspective.
  3. Understand how to frame questions based on logical arguments and frameworks.  
  4. The paid subscription version of GPT-4 remembers your previous chats/conversations, so you can go back to a discussion you had last week, and ask GPT-4 to expand on its answers.  It archives your conversations for future reference.
  5. GPT-4 is good at finding your knowledge blind spots.  You might think you understand a subject, but you can ask GPT-4 to help you create checklists of things that are often overlooked, or that only experienced experts would know about a subject.  The lists often reveals things not previously considered.  This enables one to fill in the blind spots.
  6. You can combine questions and personas to get fascinating answers.  For example, GPT-4 is both a futurist and a fireman writing an essay on the future of firefighting from Jeeps.  What things would be important to a firefighter that drives a Jeep deep into the mountains?  These endless combinations make for stimulating conversations with your family and friends.
  7. You can also ask GPT-4 to create a counter argument.  How would those that are opposed to argument #1, counter it?
  8. You can also ask GPT-4 to take the persona of your competition.  How might my competition respond if I launched a new product that did xyz in this market?  
Hopefully, your creative juices are flowing and you can see how nearly every position in an organization where decision-making is important could benefit from having their own subscription.

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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Join the Linkedin Group Digital Intelligence

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

GPT-4 is Even Better Than You Think


I recently read an article written by four professors from large universities.  The purpose of the article was to convince the reader that GPT-4, and other large language models are not significant or worth our interest.  Were we testing the same LLM system?  I am giddy with the potential!

I am also a veteran futurist with over three decades in the technology industry, and I can confidently say that GPT-4 is the most impressive technology I have seen in my career.  In fact, Bill Gates, calls it the biggest technology leap since 1980.

I am not saying LLMs are perfect, but they are certainly incredible.  I can ask for a list of emerging technologies and trends in a particular industry and it will produce a comprehensive list comparable to my own manually researched list.  I can ask GPT-4 to find trends most analysts have missed.  It will competently generate a list of little known developments, and then describe their potential impact on an industry.  I am amazed.  

I asked GPT-4 to consider the convergence of a half dozen different scientific and technological innovations on the food industry.  It wrote an essay on how the combination of those innovations would influence the future of food.  As a veteran futurist I read the essay and learned.  The content was clever, insightful and rational.  No human I know can produce that level of insight and analysis so fast.

I recently had a call with a friend in the technology field that tried to convince me that LLMs and GPT were not impressive.  He explained there were better technologies being developed by others.  OK, but the GPT-4 I am testing daily is rocking my world.  I will celebrate each new start-up that produces something better, but for now I am seeing the future and it is in my hands.

One of the biggest discoveries I have made since I started using GPT daily is the amazing amounts of creative juices that are spilling out of my brain.  Each new response that GPT generates expands my curiosity.  One response leads to another question, more curiosity, and new paths of discovery.  

If GPT has this impact on millions of users, it will be an amazing experience of community learning and education.

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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Join the Linkedin Group Digital Intelligence

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Our Future and Media Literacy

In my work as a futurist, everything I read lately seems to suggest a need to become more "media literate". What is media literacy?  ChatGPT describes it as follows, "Media literacy refers to the ability to access, analyze, evaluate, and create media. It involves a set of critical thinking skills that enable individuals to navigate the complex and rapidly evolving media landscape, identify credible sources of information, and make informed decisions about what to consume and how to interpret media messages."

Just this week, media mogul Rupert Murdoch, acknowledged under oath, that his news commentators endorsed many falsehoods knowingly to keep their audiences happy and agitated.  Tens of millions of people were influenced by these false accusations - a siren call for media literacy.  

AI generated version of me
Our future will include tsunamis of falsehoods from not only our own internal sources, but from our enemies'.  All of us are going to be exposed to information purpose-built to make us fight with each other. We will be presented with fake images (see AI generated of me), fake video, fake audio, fake articles, etc., designed to create confusion and agitation. It is critical that we understand how to analyze information and see through these tactics, strategies and attacks.

Organizations have collected over 5,000 pieces of personal and behavioral data on many of us.  This information is now being used to personalize mind attacks on individuals. This information was collected from mobile applications, e-commerce sites, social media and psychographic profiles and other places.  We are now being led on a journey of long-term mind-manipulation, often without us even realizing it.  Read much more on how this is being done on my blog here.

This isn't a secret.  There are no hidden conspiracies here.  It's all very public.  We must be media literate enough to recognize how all sides are engaging in it, so we don't become the victim of it.  

Let's not, however, interpret these influence campaigns as business or politics as usual.  This is not normal.  Artificial intelligence, social networks and massive quantities of personal and behavioral data on each of us means that mind-manipulation campaigns can be personalized for everyone based on our age, backgrounds, ethnicities, incomes, culture, education level, careers, religion, philosophy, lifestyle, etc.  They know us by our social media photos.  They know us by our online activities.  They know us from hundreds of data breaches around the world.

All of this information has been consolidated in the hands of organizations with nefarious intent.  Many sell this collected information to the highest bidder, which can often be nation states that are unfriendly to us.  This purchased information is then used in campaigns to change the way entire nations think and vote - one individual at a time.  

Is it any wonder that our social cohesion is stressed?  Is it any wonder our politics are increasingly divisive?  Do you sometimes wonder why there are so many heated political arguments between family members?  Is it any wonder that race relations seem to be getting worse, not better?  None of this is an accident.  Russia has a long and well documented history of using information operations against their opponents.

It's both the intended and unintended consequences of our fondness for technology, and our human desire for connection, community and love.  Our desires have made us vulnerable. Our desires can easily be exploited by organizations determined to use our vulnerabilities to influence our thinking.  What's different this time is that organizations now have direct access to our brains through our media and social media consumption.

The strength and fortitude of a nation is often measured by its social cohesion - the degree to which they are unified around shared ideals and vision?  It is these very ideals and vision where enemies seek to create disunity.  Here is more from ChatGPT, "Social cohesion and political stability are important factors for any country's security and resilience. Therefore, it is in the interest of any country to address its internal divisions and work towards greater unity, not only to defend against external threats but also to build a more prosperous and harmonious society."  Is your country coming together and becoming a more harmonious society?  If not, why not? 

This week, the New York Times contained an opinion piece that clearly articulated the strategies an opponent would employ to make us weak.  "Over the past two decades, China has built formidable political warfare and cyber warfare capabilities designed to penetrate, manipulate and disrupt the United States and allied governments, media organizations, businesses and civil society. If war were to break out, China can be expected to use this to disrupt communications and spread fake news and other disinformation. The aim would be to foster confusion, division and distrust and hinder decision making." 
 
We must all recognize the world we live in today.  The world's battlegrounds today are just as often in our own minds as on a battlefield.  Our enemies are purposely messing up our logic, thinking and increasingly our holiday dinners.  

All of us should do our part to be attentive, aware and media literate.

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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Join the Linkedin Group Digital Intelligence

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Mindsets, Skills and Human-AI Pairing

Digital Mindset
This article was created in collaboration with ChatGPT, Dall-e, and myself.

As organizations continue to undergo digital transformation, leaders must adapt to new challenges and opportunities. Here are some essential mindset attributes that leaders need today:
  • Agility: In the rapidly changing digital landscape, leaders must be agile and able to pivot quickly to keep up with market demands and emerging technologies.
  • Customer-centricity: A customer-centric mindset is crucial in today's digital world. Leaders must understand their customers' needs and preferences and use digital tools to create a seamless customer experience.
  • Growth mindset: Leaders must have a growth mindset and be willing to learn and experiment. They must be open to new ideas and technologies and willing to take risks to drive innovation.
  • Collaboration: Digital transformation requires collaboration across teams and departments. Leaders must foster a culture of collaboration and encourage cross-functional teams to work together.
  • Data-driven decision-making: Data is at the heart of digital transformation. Leaders must be comfortable with data and use it to make informed decisions and drive business outcomes.
  • Digital fluency: Leaders must be digitally fluent and have a good understanding of emerging technologies. They must stay up to date with the latest trends and be able to identify opportunities for their organization.
  • Empathy: In the digital age, leaders must also have empathy and emotional intelligence. They must be able to connect with their employees and understand their needs and concerns, especially in remote and hybrid work environments.
By adopting these essential mindset attributes, leaders can help their organizations navigate the complex digital landscape and achieve long-term success.

While leaders possess various skills that enable them to drive their organizations to success, there are several skills that are crucial to succeed in the future that are not adequately present among leaders today. Some of these skills include:
  • Digital Literacy: The digital age is here, and leaders who are not tech-savvy may find it challenging to navigate the complexities of digital transformation. Leaders must develop digital literacy and be familiar with emerging technologies that are driving innovation and transforming industries.
  • Cultural Intelligence: With globalization, leaders need to have cultural intelligence to understand the diverse cultures that exist across the world. Leaders who have cultural intelligence can successfully collaborate across borders, understand customers' needs in different countries, and effectively lead teams from different backgrounds.
  • Creativity: In the future, leaders who can think creatively and find innovative solutions to complex challenges will have a competitive advantage. Leaders who possess creativity and have the ability to ideate, brainstorm and iterate will drive innovation in their organizations.
  • Emotional Intelligence: In the future, leaders who can empathize and connect with their employees will be more successful. Leaders who possess emotional intelligence can build trust, create a culture of collaboration, and motivate their teams to achieve their goals.
  • Adaptability: With the rate of change increasing in the world, leaders must be adaptable and willing to change course quickly to stay ahead of the competition. Leaders who are adaptable can pivot and transform their organizations in the face of unexpected changes, such as economic downturns, technological advancements or pandemics.
By developing these skills, leaders can prepare themselves for the future, navigate the complexities of the ever-evolving business environment and drive success in their organizations.

As we move forward into an increasingly digital and fast-paced world, there are several new skills that leaders will need to master over the next 5 years. These skills include:
  • Artificial Intelligence and Machine Learning Skills: Leaders need to be able to understand and utilize artificial intelligence and machine learning to improve business operations, automate processes, and create new products and services.
  • Cybersecurity Skills: As the number of cyber threats continues to rise, leaders must understand cybersecurity best practices and implement them to protect their organization's data, systems, and networks.
  • Sustainability Skills: With the increasing focus on sustainability and reducing carbon footprints, leaders must have the skills to design and implement sustainable practices in their organizations.
  • Remote Work and Collaboration Skills: As remote work becomes more common, leaders must be able to manage remote teams effectively and use digital tools to collaborate with employees and stakeholders.
  • Creativity and Innovation Skills: The future will require leaders to think creatively and innovatively to develop new solutions to complex problems and create new products and services.
  • Diversity, Equity, and Inclusion Skills: Leaders must develop skills to lead diverse teams and foster an inclusive workplace. They must also understand the importance of equity in the workplace and create policies and practices to ensure equal opportunities for all employees.
  • Agile and Lean Methodologies: The future will require leaders to implement agile and lean methodologies to enable their organizations to pivot and adapt to changes quickly.
By developing these skills, leaders can stay ahead of the curve and help their organizations succeed in the ever-changing business landscape of the future.

As the business landscape evolves, several new and lesser known skills will become more important:
  • Data Storytelling: As data becomes more prevalent in decision-making, leaders who can effectively communicate data insights through storytelling will have a competitive advantage.
  • Design Thinking: Design thinking is a problem-solving approach that focuses on empathy, creativity, and iteration. Leaders who can implement design thinking in their organizations can generate new and innovative solutions to complex problems.
  • Cognitive Flexibility: Cognitive flexibility is the ability to switch between different ways of thinking and adapt to new situations quickly. Leaders who possess cognitive flexibility can pivot and change course easily in response to unexpected changes.
  • Digital Ethics: As the use of technology continues to increase, leaders must understand the ethical implications of their actions and the impact of technology on society. Leaders who prioritize digital ethics can build trust with their customers, employees, and other stakeholders.
  • Psychological Safety: Psychological safety is the belief that one can speak up without fear of retaliation or negative consequences. Leaders who prioritize psychological safety can create a culture of open communication and collaboration, leading to improved performance and employee satisfaction.
  • Network and Ecosystem Building: Leaders who can build and maintain relationships across industries, organizations, and geographies can leverage these connections to drive innovation and create new opportunities for their organizations.
By developing these lesser-known skills, leaders can differentiate themselves from the competition and better position their organizations for success in the future.

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Kevin Benedict
Futurist at TCS
View my profile on LinkedIn
Follow me on Twitter @krbenedict
Join the Linkedin Group Digital Intelligence

***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

Interviews with Kevin Benedict