31 Aug 6 Biggest Disruptors: Definitions
Posted at 08:54h in Artificial Intelligence (AI), Big Data Algorithms, Biotechnology, Climate Change, First Time Here? Read These Posts, Industrial Complexes, National Debt
Here’s quick, working definitions of each of the six biggest disruptors driving the relentless change and ambiguity impacting everyone in different, yet interrelated, ways:
Algorithms are processes or sets of rules followed in calculations or other problem-solving operations, especially by computers. Algorithms gather data about everyone and everything, from every imaginable, interconnected source, and this data is now the global economy’s most valuable resource. Click here for a deeper dive.
Artificial Intelligence (AI)
AI is the simulation of human intelligence processes by machines, especially computer systems, and its operational use is multiplying across all industries and disciplines. Click here for a deeper dive.
Biotech is the manipulation of living organisms or their components to produce useful, usually commercial products (such as pest resistant crops, new bacterial strains, or novel pharmaceuticals).
Climate Change is the shift in global or regional climate patterns, occurring from the mid-to-late 20th Century onward, attributed largely to increased levels of atmospheric carbon dioxide produced by the use of fossil fuels.
Industrial Complexes arise when a specific industry (defense systems, federal prison industry, healthcare, insurance, technology, energy, guns, tobacco, media, marketing, etc.) and its proponents or lobbyists become fully enmeshed in social and political systems. In most cases, industry insiders profit at the expense of outsiders and society in general.
National and International Debt
The National Debt is the public and intra-governmental debt owed by the federal government, to buyers of its bonds that include the country’s citizens, international investors, and foreign governments. International Debt is the outstanding loans owed by borrowing countries to the World Bank, International Monetary Fund (IMF), central banks, private sector commercial banks, and other lending institutions.
You need tools to help you shift from reactivity to responsiveness in the face of constant disruption. These are the three that I think can make the biggest impact:
In my work, I write, strategize, and coach about how to develop these tools and make that shift. In fact, I’ve written more than 250 blogs on these three topics across the past decade, and these themes also show up strongly in my books and my work with clients.