Our theme for this second season is collective intelligence. Over the next ten weeks, we will learn about the counterintuitive workings of collective intelligence and how business leaders are using the incredible power of this little-known resource to master the challenge of winning in increasingly more complex markets.

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We are at the beginning of an unprecedented inflection point in the development of civilization—the transition from the first human epoch where centralized hierarchies that leveraged individual intelligence were the basis of social organization to the second human epoch whose social structures will be highly sophisticated distributed networks capable of rapidly leveraging human and artificial collective intelligence.

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Smart people are not immune from human biases, and when they make decisions based on narratives that out of touch with what’s actually happening, the consequences can be drastic. As the context for how humans think and act together rapidly shifts from top-down hierarchies to peer-to-peer networks, and as our social leaders become more proficient in their understanding of how to build and lead networks, we will have the capacity to leverage the extraordinary amplitude and the incredible speed of collective intelligence to move us beyond the hazards of human bias.

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The expected dramatic reduction in traditional employment over the next decades doesn’t necessarily mean that work disappears. Work will continue to be an important dimension of day-to-day life, but its context could be radically different as new economic roles are created to allow us to be paid for our contributions to networked activity. The role of the gamer may be a tangible way to effect that change and may become a very lucrative pathway to middle class wealth in the very near future.

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As machines become more humanlike, we have the opportunity to partner with machines in ways that will greatly accelerate our capacity to learn. A symbiotic relationship that combines the strengths of both humans and machines could usher in a new era of enhanced human learning and intelligence.

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The continued rapid emergence of the peer-to-peer network as the dominant form of social organization, together with the use of collective intelligence dynamics to shape the development of artificial intelligence systems will ignite an extraordinary leap in the social exercise of human judgment and human decision-making.

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Blockchain, the technology behind the cryptocurrency known as Bitcoin, is likely the innovation that will end the epidemic of hacking and fraud that plagues our IT systems today. It also promises to go a long way in making sure the benefits of digital transformation significantly outweigh the dangers and that these benefits are shared by all as we continue to discover new ways to create wealth.

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Despite their best intentions, business leaders struggle to deliver breakthrough innovation. This needs to change if they are to handle what are arguably the two most important economic challenges we will face in the next decade. Both of these challenges are enormous and wickedly difficult to solve because their dimensions are complex and their solutions demand new ways of thinking. Regardless of the difficulty, how we ultimately deal with these two challenges will likely shape our economic future.

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Rapid developments in the Internet of Things are likely to accelerate the digital transformation of business. By connecting every person and everything into a single global network, the IoT will produce extraordinarily intelligent results at incredibly fast speeds and pave the way to a new generation of business and product models.

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The natural inclination for networks to harness collective intelligence is what makes distributed networks a powerful form of social organization. The capacity to aggregate and leverage this under-appreciated asset will become increasingly important in a business world transformed by radical change.

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