Daniel Doll-Steinberg, a specialist in the global derivatives technologies and disruptive tech, is the guest in the latest episode of the Dinis Guarda YouTube Podcast to discuss the short and long-term implications of emergent technologies. Highlighting his latest book, ‘Unsupervised: Navigating and Influencing a World Controlled by Powerful New Technologies’, Daniel explains the impact of an unsupervised technology revolution by the year 2040, while explaining the immediate action. The podcast is powered by openbusinesscouncil.org and citiesabc.com.
From altering the dynamics of employment to redefining the very essence of humanity, these technologies are ushering in an era of unprecedented transformation. However, as our world hurtles towards an unsupervised technological future, both educational institutions and governments find themselves ill-prepared for the challenges that lie ahead.
The co-founder of EdenBase, in his second interview with Dinis, Daniel Doll-Steinberg, highlights the six technologies that he mentioned in his book ‘Unsupervised: Navigating and Influencing a World Controlled by Powerful New Technologies’, co-authored with Stuart Leaf and published by Wiley.
In the previous interview on the podcast, Daniel discussed EdenBase, a company that invests knowledge, capital and technology, enabling the next Game Changing tech-companies to achieve responsible growth and positive impact, with Dinis. EdenBase has till date helped many startups achieve $10’s billions dollar in market cap.
According to the book ‘Unsupervised’, the six foundational technologies that are vital for our focus in the current paradigms are: Artificial intelligence, blockchain and tokenisation, quantum computing, 5G and 6G, metaverse and immersive tech, and bio-computing.
"When we add these technologies together, the world will be clearly different, because these will be the general-purpose tech - one that most people can start using, if not everyone", Daniel told Dinis.
An 'unsupervised' world rebooting
Since its very inception, humanity has undergone a series of transformative innovations, often reshaping the physical world and the way it functions. From the invention of the fire and wheel to the printing press, these inventions have undoubtedly left their indelible marks on society.
"The current era of tech revolution, however, is about bringing the overall cognitive revolution", says Daniel. He explained that unlike the innovations of the past that primarily altered the physical landscape, today's technological advancements are orchestrating nothing short of a reboot in our collective consciousness.
"It leads of change in how we perceive things", he alerts. The digital age has given rise to a new era of interconnectedness, where information flows freely, and ideas transcend borders. Although this global exchange of thoughts and experiences challenges preconceived notions, it also "is slowing manipulating the way our brain behaves. On one end, emergent tech is replacing the humans in various job positions and skill sets, social media and other digital platforms are slowly altering the very foundations of human brain and its functioning."
In this world rebooting before our eyes, the most significant shifts occur not in the external world alone, but within the intricate recesses of our minds, redefining how we perceive, interact with, and shape the future.
"This is why we wrote this book - to alert the people about what is happening around. People who develop these technologies are very siloed and do not know what is happening out of their domain. It is this era that needs to be supervised", Daniel told Dinis.
Supervising the navigational shifts
In the current tech revolution, it often feels like we are sailing into uncharted waters without a compass. Governments and educational institutions, designed for a different era, struggle to adapt to the rapid pace of technological innovation. While the tech revolution surges forward, policymakers and educators find themselves grappling with the challenge of preparing individuals for a future they can hardly fathom.
The question that arises is: What should the direction of supervision be in this era of emergent technologies?
Daniel says that the answer lies in embracing adaptability and agility. Rather than attempting to stifle innovation or control the uncontrollable, the focus should be on fostering a culture of responsible tech advancement.
"We have got a herd of tech that are accelerating exponentially in almost every direction; all impacting our future. There is no way our brain can comprehend the future.
Teaching my kids about certain subjects now is not as relevant as how they are going to be trying to manage and navigate the world that's preparing for them. It is vital to build the foundation of this technology revolution representing as many people as we can. A fix at an earlier stage is always better than the one at a later stage.
Supervision is not about dictating or regulating; it is about seeing what's happening, and influencing the direction", said Daniel.
Supervision is a shared responsibility
It's crucial to recognize that the burden of supervision doesn't rest solely on the shoulders of governments or policymakers. Everyone, from individuals to businesses, must take an active role in overseeing the trajectory of tech advancements. While governments play a crucial role in shaping regulatory frameworks and ensuring ethical boundaries, individuals and organizations must also hold themselves accountable for the responsible use of technology.
"This is the time for really well thought-out ideas. We have to be careful, and we also can't afford to do nothing about it. Technology advancements are never going to stop. So, everybody has a part to play. We cannot just rely on regulators and policy makers to do this for us", said Daniel.