TEN LESSONS LEARNED FROM SINGULARITY UNIVERSITY’S EXECUTIVE PROGRAM
One of our participants, Eddie Ng, sent me an email toward the end of the program, highlighting his ten key takeaways. I found them insightful (and funny) — he kindly gave me permission to repost them here:
- Failure: Fail fast, often and forward. Capture the learnings from your failures and make them reusable. Design for rapid experimentation and share what you have learned. (Talk: Introduction to Silicon Valley)
- Digitization: When you take major decisions, ask yourself what will happen when everything you “touch” is digitized and becomes exponentially faster/cheaper/better in ever shorter periods of time. How does this affect your decision making? (Talk: Introduction to Exponential Thinking)
- Change: There are boundaries to change. Turbulent boundaries are the most productive zones for change and provide the greatest opportunities. Rapid experimentation occurs fastest here. Find the “turbulent boundaries.” (Talk: Future Forecasting)
- Artificial Intelligence: Anything that is repetitive or has a pattern driven by data will be replaced by AI. We are screwed unless we learn to imagine/create/feel and base the value we drive on these factors. Be more human! Most of my coworkers/friends are going to be out of a job faster than they think! (Talk: Artificial Intelligence)
- Open Innovation: You don’t need to have expertise, you can crowdsource. You don’t have to have money, you can crowdfund. Having the challenging/big/exciting/questions or ideas and knowing how to “package” it, matters more than having the answers. (Talk: Collaborative Innovation)
- Organizations: There will be no more management or managing people, the system/AI will be the manager. If there is no more managers/boss then… I am going to be unemployed. I am going to drive my wife crazy! (Talk: Future of Work)
- Insights: Reason from first principals, boil everything down to fundamental truths. Then work backwards and find the inefficiency in the process. (Talk: Methods for Predicting the Future)
- Poverty: The Blockchain and abundant energy will be the key to ending poverty. Figure out how to bring either one of these to the poorest! (Talks: Blockchain & Energy)
- Methods: Start with the solution, design a protocol diagram for your problem, and then attack it from every point and angle. (Talk: Hacker Mentality)
And lastly and most importantly:
- The Future: A lot of your friends/colleges/loved ones will be left out/displaced/frightened by this rapid change… communicate/educate/share with them. The next 10 years is going to scare the “shit” out of them. YOU DON’T WANT THEM TO END UP HATING YOU!
Build What Matters.