Kondratiev & Schumpeter discovered cycles based on technology innovation and we are at the beginning of the 6th wave thanks to AI.
Newsletter #17 | May 22nd, 2023
How AI Started the 6th Kondratiev Cycle
Innovation and Entrepreneurship Waves
Reactions to ChatGPT and other generative AIs range from "artificial intelligence will replace us humans" to "it sucks". However, one thing cannot be denied: it is fascinating and it will change our everyday lives.
And there are good reasons for this: AI has all the characteristics of a general purpose technology that can be used in any industry and for any purpose in life. Like steam, electricity or computers, it will complement our lives and become an indispensable part of humanity. And it opens the 6th Wave of innovation and entrepreneurship, originally described by Nikolai Kondratiev and enhanced by Joseph Schumpeter.
These waves of innovation, observed since the late 18th century, are shortening from more than half a century to a few decades. And the public, according to surveys, seems to have realized how important AI will become in all areas of life. We need to prepare for it, and better today than yesterday.And that leads me directly to...
...AI Workshops & Talks (Summer and Autumn 2023)
In the coming months, I will be in Europe repeatedly to conduct workshops and give talks on generative AI and the implications for a wide variety of industries. The workshops will cover AI in general and generative AI like ChatGPT in particular, with an in-depth look at exactly how it works. The aim is to understand strengths and weaknesses, as well as opportunities, limitations and associated risks of those AIs. In the workshops there is also a big hands-on focus and getting familiar with several AI tools.
The workshops themselves can range from half a day to several days. An ideal start is certainly a half day, for an industry specific in-depth a day is well suited. If interested, please just email me for more details. The current schedule with already planned AI workshops and talks for various clients and conferences can be found on my website.
New Book: KREATIVE INTELLIGENZ
Wie ChatGPT und Co die Welt verändern werden
The tidal wave of AI applications is crying out for an overview of this topic. A book is needed! After my AI bestseller When Monkeys Teach Monkeys, in which I already present autonomous AI as a continuous theme, my second book on artificial intelligence (in german) will follow in the fall:
CREATIVE INTELLIGENCE How ChatGPT and Co will change the world
The attention and exceedingly amazing possibilities offered to users by GPT-4, ChatGPT, Bard, Alep Alpha, Hugging Face, Midjourney, Stable Diffusion, DALL-E, Lensa, Jarvis, AutoGPT or BabyAGI made the interest in AI shoot through the roof. But what generative, creative, autonomous AI really is and how it can be used in one's own business or personally is not so easy to sort through.
In Kreative Intelligenz I explain the type of AI, what it can already do today and in which application areas it is used, as well as what further opportunities and possibilities will present themselves, but also what challenges we are facing with this powerful technology.
Even though the book will not be published until the fall, it can already be pre-ordered today. In the meantime, it is advisable to bridge the waiting time with my first AI book, Wenn Affen von Affen lernen (When Monkeys Learn from Monkeys), because this can answer many philosophical questions about artificial intelligence.
Techno | Phil | oSophical
Waymos and Human Drivers
Block Each Other
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Tesla Bots:
Here They Are!
Water Levels in California
I know, after so much rain in Europe, you probably want to hear something other than about rain. But that's been long awaited in California after more than three years of drought. And we've had more than enough rain this winter. So much, in fact, that flooding is now imminent, because the reservoirs are full to bursting and the snowmelt from the Sierra Nevada and Tahoe has begun. So if all you hear from me in the near future is gurgling, I'm flooded - or splashing in the ocean....
Don't worry, after the rain will surely come the summer!