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Could business be on the precipice of an automation explosion?

Somebody asked me an interesting question on Quora, and I thought I share my answer here: QUESTION: Could business be on the precipice of an automation explosion? Precipice? No. Automation is on a “normal” exponential growth. INDUSTRIAL AUTOMATION The degree of Industrial automation (meaning production) in Europe and several Asian countries is at over 80% […]

A response for Ric S.

Neben unserem Haus ist ein Kindergarten. Da wird geschrien gestürzt, gemalt, dummes Zeig gemacht. Dann geen sie zur Schule da wird ruhing gesessen, manmuss aufpassen und tun was Lehrer sagen. Später im Gymnasium oder wie auch immer es heute heisst muss viel gelernt werden. bis es einem zum Hals rauss hängt. Learn & Repeat ist […]

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Do entrepreneurs really “create wealth”?

This was an interesting Question on Quora: Do entrepreneurs really “create wealth”? The money they earn already exists beforehand and would have gone to other pockets. That’s not “wealth creation” but “wealth changing hands” Yes, entrepreneurs do create wealth. In fact, entrepreneurs are the group that actually creates wealth in its truest sense. Wealth is created […]

Mercedes #EQS

Since long time a car that I really like Yes, it is a luxury car. Yet, there is nothing wrong with it. It’s an all electric car with a great deal of environmentally friendly materials. If the next generation entrepreneurs like this car as the trophy for building millions of jobs in emerging and developing […]

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Happy 2019 – It’s going to be interesting

It will become an interesting year in very many ways. I feel there are three challenges worth mentioning for 2019 * Intensifying economic challenges across the world * Stress factor technological challenges rising * Socio-Political challenges to deal with the global development Let me shed some light on those challenges. Intensifying economic challenges across the […]

Advanced Entrepreneurship

Advanced Entrepreneurship OK,  you’ve had an idea, you filled in your business model canvas template, wrote a business plan using other templates, you experimented with all kinds of ideas and ways to run your startup. You probably pivoted many times and did everything you learned at school. Great. Now trough all this away and start […]

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Artificial Intelligence Timeline – next 50+ years

Technological – Business – Societal  – Impact Development Timeline The era of AMs – Autonomous Machines 2020 – 2025 We will see a rising number of products mainly chat bots, entering our day to day world. At the same time the work on “General AI” will be intensified and we are getting better and better results – […]

Failure – error – is it really that bad?

I was struct the other day when I looked at the ways how AlphaGO, the GO playing AI based computer is actually working. It immediately resonated with a thought that I had years ago about the human imperfection and its results. Now – GO is a game that is over 1,000 years old not really […]

End Of Automation

“Please listen carefully to this menu as the menu has changed”. “Your call is important to us but please leave a voice message”. “If you need more information go to www – dot – whatever dot com…” Sound familiar? Customer engagement automation is the first impression when engaging with a business. The rest is history. […]

Dear Mr. President Obama

I’m concerned. With a defense budget of $690 Billion, the US spends more money on defense and armor than China ($129B), India ($44B), Russia ($64B), UK ($57B), France ($58B), Germany ($43B), Korea… all together. That means that every US family is paying $6,200 per year to defend – what? In contrast, the US education budget […]