Navigating the Future of Business with Futurist Craig Rispin

Business Builders Podcast

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In this insightful episode of the Business Builders podcast, we're joined by renowned futurist Craig Rispin. We delve deep into the realm of emerging technologies and explore how they could reshape the business landscape. Craig shares his expert insights on how to prepare for these inevitable changes today.
Key Points Discussed:

1. The importance of understanding the Fourth Industrial Revolution and its impact on the business world.
2. The role of emerging technologies like AI, VR/AR, and synthetic biology in driving productivity and innovation in businesses.
3. The urgent need for businesses to adapt to technological advancements or risk becoming irrelevant.
4. Practical ways businesses can embrace change, including deploying AI, adopting new apps, leveraging reverse mentors, and building university partnerships.
5. Craig's views on the potential risks and ethical considerations associated with advanced AI.

Quotes from the Episode:

• “The most exciting technologies to me are based on the fourth industrial revolution.” - Craig Rispin
• “The next billionaires are going to be three people and AI and that’s it.” - Craig Rispin citing Peter Diamandis
• “There will be two types of firms: those who exploit the opportunity of AI and the ones that are out of business.” - Craig Rispin
• “Technology always precedes legislation.” - Craig Rispin on the universal law of technology
• “The world has changed, and you're just keeping on doing what you did last quarter or last year, or three years ago, or 10 years ago. You can't do that and think you could be competitive.” - Craig Rispin

Conclusion:
This episode is a must-listen for anyone keen on staying ahead of the curve in the rapidly evolving business world. Join us as we navigate the future of business with Craig Rispin and learn how to adapt and thrive amidst technological change.

Next Episode Teaser:
Don't miss our next episode where we discuss implementing a four-day work week. An exciting conversation you won't want to miss!
Remember to subscribe to the Business Builders podcast for more insights from industry experts and thought leaders.
Adapt_CO
Helping businesses find their new shape.
SA Business Builders
Business leaders social group based in South Australia
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1. Introduction (00:00:00)

2. What is a futurist and why should business leaders be interested in what they have to say? (00:01:05)

3. What are the most exciting emerging technologies or trends that will significantly impact our lives over the next decade and are they from Star Trek? (00:05:51)

4. The third industrial revolution morphing into the fourth industrial revolution. (00:09:36)

5. Neurotechnology and emergin technology (00:14:12)

6. What role do futurists play in addressing world challenges (00:22:14)

7. The benefits and risks of AI (00:26:42)

8. What are the top three things business owners can do right now to prepare themselves to stay competitive moving into the future? (00:36:57)

9. Wrap up and next episode (00:51:25)