Curious Minds at Work
CM 203: Azeem Azhar On Thriving In An Exponential Age
Dec 20, 2021
Azeem Azhar, an expert on the impact of technology on society and the economy, discusses the rapid pace of technological change. He contrasts the slow evolution of 20th-century innovations with today's exponential advancements, revealing the growing gap in policies to manage these changes. Azhar highlights the transformation in business models of tech giants and the need for updated regulations. He also emphasizes the importance of interdisciplinary thinking to tackle complex societal challenges and encourages active participation in navigating this evolving landscape.
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Quick takeaways
- Technological advancements today happen at an unprecedented pace, significantly outstripping the slow growth of earlier innovations like electricity and cars.
- There is a critical disconnect between rapid technological change and outdated regulatory frameworks, necessitating updated policies to address emerging challenges.
Deep dives
The Pace of Technological Change
Technological change today is occurring at an unprecedented speed compared to previous generations. For instance, while electricity and automobiles took decades to become widespread, digital technologies like social media and smartphones reached large portions of the population in a fraction of that time. This rapid advancement signifies a shift to what is termed the 'exponential age,' where the capabilities of software and digital platforms grow and scale quickly, outpacing the regulatory frameworks established for earlier technologies. As a result, there exists a growing disconnect between society's expectations and the pace of technological innovation.
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