Her time in Japan exposed her to advanced mobile technology, which she saw as a glimpse into the future of distributed internet and many-to-many content sharing, leading her to pursue a career in predicting technological trends.
The three general purpose technologies are artificial intelligence, advanced sensor technology, and biotechnology. These technologies are converging, creating a flywheel effect where improvements in one lead to advancements in the others.
Biotechnology can impact industries like food production by enabling synthetically produced meats and new materials, such as nitrile gloves, which can be printed instead of extracted, addressing supply chain issues and environmental concerns.
The technology super cycle refers to the convergence of artificial intelligence, advanced sensor technology, and biotechnology, where improvements in one technology drive advancements in the others, creating a cycle of innovation with profound economic impact.
Organizations should develop foresight capabilities by tracking signals and trends, differentiating between what's trendy and what's a true trend, and mapping out scenarios based on uncertainties. They should also benchmark themselves against other industries to find new opportunities.
She believes that traditional regulation is often reactive and may not account for the rapid evolution of technologies like AI and biotechnology. Instead, she suggests alternative frameworks that compel companies to make responsible choices without stifling innovation.
Professionally, she is excited about the unpredictability of the future and the new opportunities it presents. Personally, she is looking forward to participating in the Unbound gravel race in Kansas, a challenging cycling event.
As the founder and CEO of the Future Today Institute, Amy Webb helps global companies and governments see what comes next. She’s an expert in strategic forecasting, NYU business school professor, and popular author and speaker on tech and trends. She sat down with host Jeff Berman to share her insights on how every business can better prepare for the future.
Check out Amy Webb's latest tech trends report) to go deeper on the topics discussed in this episode.
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