Tech and finance: Building the blockchain

*****Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership. Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma.Find out more about IMD at imd.org

The IMD AI Safety Clock is a tool designed to evaluate the risks of Uncontrolled Artificial General Intelligence (UAGI) – autonomous AI systems that operate without human oversight and could potentially cause significant harm.Our mission is to evaluate and communicate these risks to the public, policymakers, and business leaders, helping ensure the safe development and use of AI technologies. *****Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

Mike and Amit explore the impact of emerging technologies on finance.*****Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

Since the dawn of history, humans have turned to technological innovations to win wars.In the battle of Agincourt, French knights saw their superior numbers whittled down by English longbows. On the fields of Flanders, tanks and machine guns heralded a new age of mechanized destruction. The advent of TNT brought explosive power to battlefields long before the atomic bomb changed the face of war forever.At a certain point, technological developments meant that physical strength, and even numerical superiority, could be largely decoupled from victory. Those with the biggest guns, and smartest machines, won out.Now, as we enter an AI age, many wonder how machines will transform conflict once more.*****Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

This year, Amazon celebrated 30 years in business.By creating a virtual space where (almost) everything was available at the click of a button, the Seattle-based tech firm changed the face of retail. Tempted away from brick-and-mortar stores by the convenience of online shopping, Amazon created a whole new kind of consumer.However, not all of its retail ideas have been successful. The company recently decided to close nearly all its cashless physical stores because of low sales. Customers just weren't buying into the concept of a till-less store.This demonstrates a simple, but important rule of retail: old habits die hard. Over the years, retail innovations such as the cash register have made life far more convenient for owners and customers alike, and letting go of them isn't that easy.In this episode, Mike and Amit discuss what makes retail tech successful – and what your shopping experience may look like in years to come.******Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

In an era of desk jobs, sedentary lifestyles are common. Combined with the rise of ultra-processed food, it's no wonder so many people find it hard to stay in shape, despite their best intentions.To help out, there's a plethora of tech to choose from. From apps that count calories to wearable health trackers, innumerable gadgets promise a slimmer, stronger you.But at what point does all this tech get in the way of a healthy life? When are there too many apps to keep an eye on? In this week's episode, Matt and Amit discuss why AI trainers might be the future. As AI is applied to ever more tech, the era of health apps may soon be replaced by something altogether more powerful.*********Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

Mike and Amit discuss how games like football and tennis have paved the way for the $2bn industry of Esports.*********Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

There's no doubt that statistics and data play an important role in professional sports. Whether in soccer, cricket, or American football, superfans have always been interested in goals scored, passes caught, or wickets taken. But the point at which the value of that data became apparent was the advent of "Moneyball" in the early 2000s, which revolutionized Major League Baseball.Popularized by a 2011 film starring Brad Pitt, the clever use of discreet data by Oakland A's general manager Billy Beane was a watershed moment for coaches and owners and altered the DNA of pro leagues in other sports. Since then, however, things have moved on – so how does data inform and change sports today? In this episode, Mike and Amit cover analytics as they kick off a three-part mini-series about tech in sports.*********Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

Mike and Amit talk about the giant chipmaker NVIDIA, and how it's creating the technology of tomorrow.*********Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org

In March 2024, the European Union approved the world’s first set of major regulatory rules to govern artificial intelligence. The EU AI Act categorizes technologies by risk – low, medium, high, and "unacceptable." Those deemed the most dangerous can, in Europe, be shut down entirely.It was a huge change in the tech world, but many may wonder why it was needed. Forms of AI have been used for decades, so aren't existing laws enough? And how does generative AI differ from traditional AI?  Mike Wade says it comes down to power. Generative AI is worlds apart from its predecessors. The technology could cause disaster in the wrong hands, and, like nuclear energy, it needs regulation. But enforcement of AI rules is tricky. Amit Joshi thinks the explainability of AI, or lack thereof, poses a challenge to regulators. In this latest episode of Mike & Amit Talk Tech, the two IMD professors discuss these problems in the context of the shifting landscape of AI law.*********Michael Wade is a Professor of Innovation and Strategy and Director of the IMD Global Center for Digital Business Transformation. He also holds the Cisco Chair in Digital Business Transformation. An expert in digital transformation, he has published 10 books and more than 100 case studies, as well as articles on topics such as digital business transformation, innovation, strategy, and digital leadership.   Amit Joshi is a Professor of AI, Analytics, and Marketing Strategy. He specializes in helping organizations use artificial intelligence and develop their big data, analytics, and AI capabilities. An award-winning professor and researcher, he has extensive experience in AI and analytics-driven transformations in industries such as banking, fintech, retail, automotive, telecoms, and pharma. Find out more about IMD at imd.org