049: "Understanding the power of exponential technologies"
#MoTcast host Ingo Stoll talking to Pascal Finette - Global evangelist of the Singularity University teaching Silicon Valley's brightest minds on leveraging exponential technologies to transform the world.
"It's only going to get more and it's only going to get faster in future."
Please note: Episode 047 hosts an international guest and is released in english.
About Pascal Finette
Whether he’s teaching, speaking or “wrangling unicorns,” Pascal lives at the forefront of entrepreneurship, technology, global impact and the magic that happens when they all intersect. At Singularity University, he heads up “everything entrepreneurship” and leads breakthrough thinking at SU Labs, where Silicon Valley’s brightest minds are leveraging exponential technologies to transform the world. He further serves as Singularity’s Global Evangelist, interpreting SU’s vision of the future to C-level and Fortune 500 leaders in small private groups.
Pascal is also the Chief Heretic at TheHeretic.org, where he writes a widely popular and highly opinionated daily newsletter. His new book, The Heretic: Daily Therapeutics for Entrepreneurs features the best of his top 100 posts edited into short, digestible and unfiltered insights.
Before Singularity University, Pascal spent his career pushing the boundaries of technology. He started on the Net before there was a web browser, founded several European startups, led eBay’s Platform Solutions Group in Europe, launched a consulting firm helping entrepreneurs with their strategy and operations, and invested in early-stage tech startups. As the head of Mozilla Labs, he led innovations at the very edge of what is possible on the web, including the first global open source accelerator program. He headed up Mozilla’s Office of the Chair and invested in social impact organizations around the globe at Google.org. Along the way, Pascal also founded the nonprofit organizations Mentor for Good, The Coaching Fellowship and started the GyShiDo (Get Your S%#& Done) movement.
Pascal is a guest lecturer at Stanford University, Berkeley’s Haas Business School, HEC (France), ESMT (Berlin) and London Business School and other leading educational organizations around the world.
"The Future Is Exponential"
The HERETIC - Daily Therapeutics for Entrepreneurs
Current book for entrepreneurs by Pascal Finette and Peter Arcuni
Let’s get real. Being an entrepreneur comes with its ups and downs. To achieve success in the business world, one must dive deeper and realize what it really takes to be an entrepreneur. All the struggles, disappointments, and frustrations are what will help you grow and achieve what it is you really want. The Heretic is a place where we can truly get real about entrepreneurship. Right down to the nitty gritty of it all. Through humor, practical tips and my own personal stories within the crazy and exhilarating world of entrepreneurship you’ll discover: - Ways to deal with failure - Giving yourself credit - What’s meaningful to you - And most importantly, finding inspiration and motivation There are so many books out there trying to tell you how to be a successful entrepreneur. Truth is there is no one way to achieve greatness. Everyone has their own struggles and their own experiences that will lead to their own unique way of how they became successful. Sharing our insights and what we have learned along the way is the best way to give advice. Simply telling someone how to do be an entrepreneur will never work, you will only be making them a replica of yourself and the whole idea behind being a successful entrepreneur is doing something different. There are no entrepreneurs out there that are exactly the same. If that were true the business world would be a boring and unthrilling career choice. It’s about taking risks, failing, succeeding, being different and enjoying every minute of it! In this book we’re going to get raw, unfiltered and opinionated. Prepare to get real!
Ray Kurzweil's "The Second Half of the Chessboard"
What might help you to truely understanding exponential growth: The second half of the chessboard (Slideshare by Dr. Carsten Sorensen).
Quotes and statements by Pascal Finette within the show:
"You really and truely intuitively - as much as you can do this as a human being - have to understand the exponential nature of the change we're seeing."
"Exponential change - it's one thing to talk about it. It's a completety different thing to actually feel it."
"These exponential trends will grow significantly bigger than we expect them to."
"Think of voice recognition systems like siri today: it's ok - not great. Siri is about 7 to 8 years old and it's on a classic exponential track so it doubles every year. How good is siri as a teenager? It's not 10 times as good - it's 128 times as good as today! That means siri in another 7-8 years will be better in understanding than any human ..."
"We don't need any buttons on dashboards anymore - we will communicate with our devices."
"I think people know it, but they don't go through the effort of extrapolating it out."
"In 10 years we will have a very natural way of speaking with machines."
"I can nearly guarantee you that in 10 years we won't have humans answering calls anymore - not as a first line."
"We need to eat our own dog food. Means: If you create somwthing, you need to be a user of what you create."
"We see already a massive amount of positive change. And I believe we're only at the beginning of this."
"It's all about being mindful about the future and not just blindly following any trend."
"It will be fascinating to look back at this conversion in 10 or 20 years."
Ingo: "What do we tell those people who might pretty likely loose their job to a machine to be positive about the future?"
Pascal: "This is definitely one of those questions that keep me and many people here at SIgularity University awake at night."
Shownotes and links
- Official Website www.finette.com
- Singularity University - Singularity University is a global community using exponential technologies to tackle the world’s biggest challenges.
- Singularityhub (Blog) - Singularity Hub chronicles technological progress by highlighting the breakthroughs, players, and issues shaping the future as well as supporting a global community of smart, passionate, action-oriented people who want to change the world.
- Pascal Finette - Full bio on LinkedIn
- Book on amazon: "The Heretic: Daily Therapeutics for Entrepreneurs"
- Moore's law (wikipedia)
- A set of methodologies and frameworks for approaching digital transformation:
1. Clayton Christensen: The Innovator's Dilemma (book reference here)
2. Geoffrey Moore: Crossing the Casm (book reference here)
3. Salim Ismail: Exponential Organizations (book reference here)
Thanks to Pascal Finette for answering all of the big questions!