In a recent episode of the (A)bsolutely (I)ncredible Interview podcast, I sat down with Brett King, a renowned futurist, technologist, and serial entrepreneur.
The conversation spanned a wide range of topics, from the evolution of Fintech to the transformative potential of AI and the concept of Universal Basic Income (UBI).
A Journey Through Time and Technology
Brett King, who started his career as a coder in Australia, has been at the forefront of technological innovation for decades. He shared his journey from being a "byte ripper" to becoming a thought leader in Fintech and a consultant for governments on AI policy. His work with the Obama administration and the UAE government highlights his influence in shaping the future of technology.
The Augmented Age and AI's Disruptive Potential
King discussed his book "Augmented," which predicted the disruptive impact of AI and technology on society. He emphasized that while we haven't yet banned human drivers, the path towards AI-driven cities is clear. The conversation touched on the rapid advancements in AI, such as smart toothbrushes with AI diagnostics and the potential for AI to revolutionize healthcare, transportation, and more. Brett shared briefly about his new AI Startup nomaddental.ai that is focused on using AI to help maintain your dental hygiene while you’re out roaming the globe.
The Role of Fintech and AI in Shaping the Future
As a pioneer in Fintech, Brett highlighted the challenges traditional banks faced in adapting to technological disruption. He noted that many banks were unprepared for the digital revolution, which led him to become a voice for change in the industry. The discussion also covered the UK's progressive approach to AI regulation and the potential for AI to transform financial services.
Universal Basic Income: A Necessity for the Future?
One of the most thought-provoking topics was the concept of Universal Basic Income (UBI). King argued that as AI continues to automate jobs, UBI will become essential to prevent societal collapse. He cited studies showing that UBI recipients often start businesses and engage more in community activities, suggesting that UBI could lead to a more meaningful economy.
Global Perspectives and the Race for AI Dominance
The conversation also explored the global race for AI dominance, with China, the UAE, and Saudi Arabia leading the charge. King noted that these countries are investing heavily in AI infrastructure, positioning themselves as leaders in the next generation of economic development. He contrasted this with the US, where political and economic challenges may hinder progress.
A Vision for the Future
Brett King's insights offer a compelling vision of the future, where AI and technology play a central role in shaping society. His call for using AI to improve quality of life and address global challenges resonates with the need for forward-thinking policies and collaboration. As we navigate this transformative era, King's perspective serves as a guide for embracing change and harnessing technology for the greater good.
The Rise of Technosocialism
Brett’s latest release The Rise of Technosocialism is available for purchase on Amazon
The 21st century is going to be the most disruptive, contentious period humanity has ever lived through. It will challenge our most sacred ideologies around politics, economics and social constructs. It will force humanity to adapt in ways we can't yet imagine. If the cost of providing universal health care is lower than the cost of building a political movement to prevent it, would politicians still view it as socialism? In a world where algorithms and robots take the jobs of immigrants and citizens alike, are border controls an effective response?
If unemployment skyrockets due to automation, would conservative governments rather battle long-term social unrest, or could they agree on something like universal basic income?
When renewable energy sources are a fraction of the cost of coal-generated electricity, should lobbyists be able to prevent changes to energy infrastructure? When the crowd's mood is measured in influence and exabytes, will real-time democracy render elections a thing of the past?Brett King and Dr. Richard Petty explore the seismic social changes that will be thrust on the world over the coming decades. The Rise of Technosocialism seeks to answer both how our children will live with AI and climate disruption, along with which economies will likely emerge victorious in an always-on, smart world.
This interview with Brett King provides a fascinating glimpse into the future of technology and its impact on society. As we stand on the brink of unprecedented change, the insights shared in this podcast remind us of the importance of innovation, adaptability, and a shared vision for a better world.
It is a look back at where we have came from, an assessment of where we are right now, and where we are headed in this new era of AI.
If you are working passionately with AI and would like to participate and have your product or project featured in an upcoming episode, please reach out and contact me.
Thanks again to Brett for taking the time out of his busy schedule to visit us from the future and share his insights. I’ll look forward to seeing him again in the future.
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