How is Artificial Intelligence Transforming Humanity in Every Dimension – Digital First Magazine
Mark Minevich is a highly regarded and trusted Digital Cognitive AI Strategist, Artificial Intelligence expert, Global Social Innovation plus Technology Executive, UN Advisor, Leading Author and Columnist, Private Investor/Venture Capitalist, and the principal founder plus President of Going Global Ventures. He is an award-winning technology executive and has published two books and over 40 articles on AI, Industry 4. 0, IoT.
Mark is newly appointed Chairman of the Professional committee associated with AI for Good Foundation. Mark is a Chief Electronic Strategist at the International Research Centre with regard to AI, under the auspices of UNESCO. Tag is Sr. Advisor to Boston Consulting Group Boston Consulting Group. Currently, he serves as the strategic advisor plus Global ambassador to the CEO and Chief of New York based Amelia/ IPsoft Inc. Mark collaborates and advises large global enterprises both in the US and Japan (Hitachi). Mark is Advisory Partner in order to Canadian Growth Investments and Business Consultant to Infosec Global.
What will be the definition of leadership for you? As a leader, should one create more followers or leaders?
I believe that a leader should produce more frontrunners, not fans. A leader is someone who inspires and motivates others to achieve their goals. A leader also has the vision plus foresight to see the particular potential in people and help them to realize their own leadership potential. Creating more leaders ensures that there are more people working towards making the world a better place. Creating more supporters does not necessarily generate positive change, and can even lead to negative outcomes if those followers are not really inspired or motivated in order to achieve anything.
Share your experiential learning in this life journey.
One of the most important things I’ve learned in my journey is the power of networking. Building a strong network associated with supportive people is essential regarding any entrepreneur. These individuals can provide advice, mentorship, resources, and opportunities. They can also be the sounding board for new ideas plus help you navigate through difficult times. If you take anything away from my journey, let it be the particular importance of social networking. It really is the key to success.
Having recorded experience as a technology professional and UN advisor, how would you describe global technology trends and innovation?
Technology is evolving at an accelerating pace and is becoming more sophisticated plus integrated into our everyday lives. We are seeing a trend towards climate-friendly and sustainable technologies, because well since a move towards a lot more personalized and bespoke solutions as the result of the inception of Web 3. Concretely, we are viewing steady development in the fields of carbon capture, climate risk analysis and management, as well as distributed ledger technologies.
How have artificial intelligence plus technology practices changed in the last decade?
There has been a shift from general-purpose AI technology that will can be used for a variety associated with tasks, in order to more specific and targeted AI applications. This is in part due to the increasing amounts of data that are available, as well as the advancement of new methods intended for training plus deploying AI models. We are furthermore seeing the move away from rule-based systems towards more data-driven approaches, which will be enabled by the increased compute energy and storage capacity that are now obtainable.
With AI innovation across industries, organizations can better understand all aspects of business strategy, risk, and ethics. How may they make informed decisions about AI applications by assisting them with the particular deployment associated with AI?
There are a number of ways in which organizations can make knowledgeable decisions regarding AI programs. Firstly, they need in order to ensure that these people have a clear understanding associated with their very own company goals and objectives. They also need to understand the state of the art within AI technologies and how it can become applied to their specific domain. Additionally , they will need to consider the ethical implications of AI plus make sure that their own AI applications are aligned with their values. Finally, they need in order to think about the risks associated with AI and put in place measures to mitigate these dangers. After taking all associated with these factors into consideration, organizations can then start to deploy AI applications.
How do you foresee AI technology trends impacting the global business landscape?
We have been in the particular midst of one of the worst recessions inside history, and AI is usually playing a major role in helping organizations to survive and thrive during these challenging times. AI is usually being used to automate tasks, improve decision-making, and drive efficiencies across the board. We are also seeing a move towards using AI to get predictive maintenance and forecasting, as well as pertaining to managing supply chains plus logistics. In the future, AI will become increasingly ubiquitous and integrated into all elements of business. For example, we will see AI-powered chatbots plus digital assistants becoming the norm, and businesses will need to adopt AI in order to remain competitive. Personalization of the particular customer experience will also become more important, and AI will play a key role in enabling this.
How can you leverage your AI knowledge plus innovation efforts to expand capabilities and positively impact social development and weather change?
I am very passionate about making use of AI meant for good and I believe that it has the potential to make a positive impact on social advancement and environment change. We are currently involved in a number of initiatives that are usually aimed at using AI to help solve some associated with the world’s most pressing problems. For example , The AI For Planet Foundation is really a non-profit organization, which is definitely using AI to help tackle a global climate crisis. Currently, we have been working on defining AI-driven options that may aid in the transition to a low-carbon economy. Synthetic intelligence offers a tremendous number of use cases in weather change, including environmental monitoring, carbon trading, and renewable energy. For instance , smart grids that use AI can help in order to optimize energy usage plus reduce wastage, while also increasing the particular integration associated with renewable power sources. In addition , AI can be used to develop brand new materials and processes which are more environmentally friendly.
What challenges have you faced in your business trip? Do you think luck or hard work is more essential?
For years, I approached my assessments, reviews, plus pitches with great bluntness. I would tell my investors and company partners plainly, “This can be how it is — period. ” However, I have since learned that the world is more complex than that will. We need to deliver things within a way that doesn’t cause unnecessary stress but helps to set confidence and expectations. That being said, I believe that hard work is a major key in order to success. It’s not just about working hard though; it’s about working smart. You have to be efficient and utilize your time within the best way possible.
You are a strong advocate of companies investing in the Metaverse. How can enterprises increase their chances associated with success in the Metaverse and position themselves as leaders with this emerging market?
The Metaverse is a virtual world that is certainly created by the particular convergence of multiple online communities and 3D environments. It is a natural extension from the internet and will eventually become the dominant platform for all human activity. Enterprises need to start investing within the Metaverse now in case they want to be leaders within this emerging marketplace. There are a quantity of ways in which they can do this. Firstly, they need to create a presence in the Metaverse and start experimenting along with different apps, such as virtual reality, augmented reality, plus 3D commerce. Secondly, they need to build a strong team of experts who are knowledgeable about the Metaverse and the technology behind it. Finally, they want to make partnerships with other companies that are active in the Metaverse. These partnerships will be essential for driving innovation and growth in the Metaverse.
Web3 technologies are necessary for enterprises to stay ahead of the particular curve. Exactly how can they use Web3 to gain a competitive edge?
Web3 systems are the next generation associated with internet systems which are based on the particular principles of decentralization, trustlessness, and security. They have the potential in order to radically change the way inside which businesses operate and give them the competitive edge. Enterprises can use Web3 technology to build decentralized applications (DApps) that will are more secure and effective than traditional centralized programs. Additionally, they could use Web3 to develop new business models that are not possible with centralized techniques. For instance, they can make use of blockchain technology to create decentralized marketplaces where buyers plus sellers may trade without the require for a central authority. This will allow them to cut out the particular middleman and save on costs.
Tell us something about your passion and what drives your own passion?
The particular impact associated with digital creativity and synthetic intelligence upon society, business, and government is a passion of mine. We strongly believe that these types of technologies can be used to improve our world and make it a better place for all. Specifically, I am passionate about using AI for good, and have been involved in several initiatives to use AI for social good. I am also interested in digital government, and feel that digital technologies can help government in order to be more efficient, effective, and responsive to the needs of citizens.
Do you believe in being in the rat race or being a tiger?
No more rat race. I literally wake up every day with a smile on my face. I find that doing what I want plus being in control of my own life makes me a lot happier. Imagine deciding to go anywhere and doing whatever you want as long as you create value. Who wants to shlepp when you could enjoy life in order to the fullest. I figured out that art of living a fulfilling life is trying things that are way outside of their comfort zone and enjoying it.
I believe that it is important to be a tiger, not a rat. I think that too often, people get caught up within the corporate jungle and forget what is really important in life. Being a tiger means being focused and driven, and always striving to be the best that you can be. It also means being aware of the bigger picture plus making sure that your actions are usually in line with your own values and goals. Being a rat means being afraid to take risks, plus always playing it safe. It also means becoming focused on the wrong points, like money and status, instead associated with what really matters in life.
What has been your inspiration? Tell us about your desires and goal.
Becoming the son of a sewing machine mechanic who was born in a small village in Belarus, We are immensely proud of the dad plus everything he has accomplished. He is my motivation because he always fought for what he believed in and never gave up on his dreams. Thanks to him, I have been able to experience the particular benefits of the American dream. I hope to continue their legacy by inspiring others to never give up on their dreams plus to usually fight for what they think in.
Mention your own achievements within professional and personal lives; state the awards & accolades received to date that define your accomplishments.
I was recently named as one of the 20 Most Followed AI Influencers of 2021 simply by Engati, and now serve as the newly appointed Chairman of the Executive committee associated with AI with regard to Good Foundation. I am also a Knowledge Partner and Co-Chair of the Steering Committee for the AI for that Planet Alliance collaboration with UNDP, UNESCO and BCG. Forbes named me among the Leaders to Watch in 2017, and I have received the particular Albert Einstein Award regarding Outstanding Achievement and the World Trade Leadership Award from the Globe Trade Centers and Planet Trade Center’s Association.
Tell all of us about the network of professionals and partners you have created. Can you shed some light on a few initiatives or techniques you are incorporating?
Currently, I am Co-Chair associated with the Guiding Committee for your AI for the Planet Connections, Chair from the Executive Committee for the AI intended for Good Basis – inside collaboration along with UNDP, UNESCO and BCG as the Knowledge Partner based in Paris, as well as Senior Advisor in order to Boston Consulting Group plus BCG Gamma. Through these various positions, I have been able to create a strong system of experts and companions who are all working towards using AI to get good – meaning creating social and economic value while also protecting our environment. We are working towards developing a set of best practices for AI applications in the environmental sector, creating an online platform that will allow businesses and organizations to find AI solutions for climate change, working with businesses plus organizations to develop AI pilots that focus on climate change, conducting research on the impact of AI on the environment and weather change, and educating the public about AI and its potential to help address climate change.
What are usually the different verticals that you have worked with so far? How do you stay abreast of the particular periodic technological and industry changes in a constantly evolving world?
I have worked with a wide range of businesses and organizations across a variety of industries, including the telecommunications, automotive, aerospace, defense, healthcare, banking, and insurance sectors. I have also caused governments plus NGOs. I stay abreast of the latest industry changes by attending conferences and events, reading industry publications, and following thought leaders on social media. In addition , I am a member associated with several professional organizations, such as the World Economic Forum, the particular G20 plus B20, GFCC, US Council on Competitiveness, which enable me in order to stay up-to-date on the latest business trends.
As a successful business leader, what would your advice be to youngsters aspiring to become business leaders and entrepreneurs in the future?
My advice in order to the younger generation that is aspiring to be business frontrunners and entrepreneurs in the particular future is to always be learning. Technology is changing at an exponential rate plus it is important to stay up-to-date upon the current trends. Additionally , it will be important to be adaptable and agile in order to succeed in today’s rapidly changing world. Finally, it is usually important in order to have a strong network of professionals and partners who can offer advice plus support.
What projects or goals are a person working on or leading currently?
I am presently working on a number of initiatives, such as the AI for the Planet Alliance and the AI for Good Foundation. We are furthermore working upon a book on Preparing for the Human Centric Digitally Driven Future, which focuses on the importance associated with people plus values in the digital age.
Any other thoughts that you would like to share with our readers?
We recently had an interview along with CDO magazine, in which usually I suggested several key action items for companies. First of all, companies must shift from automation of their existing processes to digitizing their operations. In addition, companies shouldn’t just adopt new technologies – they need to concentrate on the customer experience via personalization, mobile interactions, and data-driven marketing. Lastly, firms should invest into sensor tech plus the Internet of Things to obtain real-time insights.