Scott Amyx is the Chair & Managing Partner at Astor Perkins, TEDx, Top Global Innovation Keynote Speaker, Forbes, Singularity University Smart City Accelerator, SXSW Pitch/Accelerator, IBM Futurist, Tribeca Disruptor Foundation Fellow, National Sloan Fellow, Wiley Author, TechCrunch, Winner of Innovation Awards.
Astor Perkins is a deep tech and sustainability VC that backs mavericks solving some of the hardest problems facing humanity on Earth and in space.
From climate change mitigation and adaptation, longevity, and human survival on Earth and in deep space, to the space economy itself, Astor Perkins is tackling some of the most difficult scientific, engineering, and technical problems that have global market potential.
Scott’s feature Wiley book Strive is available for order. Find out how doing the things most uncomfortable leads to success. Pioneering thought leader Scott Amyx shows anyone striving to succeed, regardless of who or where we are, what we do or have done for a living, or how young or old we are, that the secret to outstanding achievement is not talent but doing the things uncomfortable he calls “strive”.
Drawing on his own powerful story of an impoverished immigrant frequently told that he would amount to nothing, Amyx, now a celebrated venture capitalist and futurist, describes his meteoric rise from obscurity to prominence, which led to the hypothesis that what really drives success is not intellect, opportunities or even network but pursuing personal change that’s uncomfortable.
In this book, Scott takes readers into his defining life moments and stories from some of the most unlikely individuals who persevered through change to become outrageously successful. He also mines fascinating insights from history and shows what can be gleaned from modern experiments in high performance.
Finally, he shares what he’s learned from interviewing dozens of high achievers—from corporate CEOs, unicorn startup entrepreneurs to global policy leaders. Strive shows how you can shape your life and your career, a life of fulfillment and joy, constantly creative and productive, one that always holds the possibility of delightful surprise.
Scott’s second feature book The Human Race: How Humans Can Survive in the Robotic Age is scheduled to come out next year. Scott explores the imminent net job loss from artificial intelligence, robotics and the Fourth Industrial Revolution and its impact on income inequality and rise in populism and nationalism that are sweeping across the globe.
AI-driven cyber-physical automation is expected to displace 50% to 80% of the human workforce by 2030. As the pace of convergence of exponential technologies reach near vertical slope, the trend of human displacement is unstoppable. What will be the role of humans?
For the structurally unemployed and underemployed, it will be bleak future with limited options. Only those with highly specialized PhDs in fields that create, train and maintain AI, robotic and advanced scientific and technical systems may have a place in the world of hyper-automation. Contrary to popular belief that only predictable physical work is automatable, as narrow AI continues to master new niches, it will amass a superset of capabilities that will not only replace tasks but holistic job functions. There is no senior executive, policymaker or subject matter expert that will be safe.
Scott explores the limitations of universal basic income and taxing robots. Instead, he proposes a vastly different, out-of-the-box solution called the Human Currency. It’s a global economy and a cryptocurrency based on human-to-human empathy services. Moreover, it has the resiliency and sustainability built into the system to ensure the viability of the human race for centuries to come.
Scott emphasizes the need to pursue job training and labor force development in human-to-human services that leverage our ability to empathize with the human condition. The empathy business models and services will become the bedrock of post Fourth Industrial Revolution.
How do you turn disruption Into innovation? In PwC’s Annual Global CEO Survey, 62% expressed concern about the impact of disruption in their industry. Disruption is coming from all directions — from the Internet of Things, blockchain cryptography, AI/ machine learning, data analytics, decentralized computing to changes in consumer behavior.
According to an Accenture study of 1,000 large enterprises, big companies struggle with innovation. The biggest barrier is not a lack of vision but because, by definition, big companies are mature. Organizational structures and processes are in place to guide the company towards efficiency. Seasoned managers steer their employees from pursuing the art of discovery and towards engaging in the science of delivery. Employees are taught to seek efficiencies, leverage existing assets, and listen to their best customers. Such practices and policies ensure that executives can consistently deliver positive earnings to Wall Street, but they also minimize the types and scale of innovation that can be pursued successfully within an organization. No company ever created transformational growth by doing what they do a tiny bit better and a tiny bit cheaper.
The biggest barrier is not a lack of vision but because, by definition, big companies are mature. Organizational structures and processes are in place to guide the company towards efficiency. Seasoned managers steer their employees from pursuing the art of discovery and towards engaging in the science of delivery. Employees are taught to seek efficiencies, leverage existing assets, and listen to their best customers. Such practices and policies ensure that executives can consistently deliver positive earnings to Wall Street, but they also minimize the types and scale of innovation that can be pursued successfully within an organization. No company ever created transformational growth by doing what they do a tiny bit better and a tiny bit cheaper.
Disruption is a great term, as long as it’s being applied to your competitors and not your firm. Exponential technologies are creating disruption. The convergence of exponential technologies is expected to disrupt almost every sector and business. Changing trends are forcing leaders to take a hard look at their business models and core competencies. New entrants are threatening to displace “cash cows” and prominent brands. How is your company positioned to take advantage of the multi-billion dollar opportunity that beckons? Or is your business at risk from the advances in technology? If your company is not embracing technological and business model changes, it may be in danger of becoming obsolete.
The new marketplace for industries like manufacturing, energy, gas and oil, and construction is a far cry from that in decades past. The perfect storm of problems has been brewing, as novel challenges cut into revenue and force corporations to scramble to find fresh opportunities. Obstacles to growth come in many forms. For example, the Bureau of Labor Statistics noted that there has been a gradual slide in worker productivity, not over just the last few quarters, but over the last decade.
However, just as some industries are struggling, there is little doubt that the tech sector is going strong—and that it is shaking up other verticals to create value and opportunities for expansion and growth.
While it is not likely that a single solution can bring about significant change in the industrial sector, the appropriate application of advanced technologies, data analytics, machine learning and robotics can result in a greater optimization of business workflows and processes, enhanced safety, improved research and development, and the creation of new revenue streams. The silver lining is that innovation also ushers in new types of jobs that didn’t exist before. Innovation coupled with continuous lifetime learning and retraining creates a flexible and adaptable labor force.
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