"AI Innovation Temporarily Halts Its Rapid Progress"
In a world where AI is rapidly advancing, it's crucial to remember the enduring value of human skills. This is a message that US professor Scott Galloway and fintech expert Nicola Breyer have been championing, highlighting the importance of creativity, emotional intelligence, strategic thinking, and personal connection in a tech-driven world.
Galloway, who has made a name for himself by emphasizing the indispensable nature of certain human skills, particularly in the face of AI, points to creative problem-solving, emotional and social intelligence, strategic vision, and the ability to build meaningful relationships as the key differentiators that AI cannot replicate easily. In fields such as design, filmmaking, strategy, and others where human insight is paramount, creativity and mastering one’s unique human perspective remain critical.
Breyer, an open finance expert, advisor, and investor in fintechs, echoes these sentiments. She believes that in order to thrive alongside AI, one must cultivate skills that AI cannot replace, such as emotional intelligence and nuanced judgment. Breyer, who was previously CEO and Managing Director at the open finance company Qwist, suggests taking a break from technology during vacation to reflect on human qualities like curiosity, contextualization, and connectivity.
The pace of AI innovation can sometimes feel overwhelming, and it might be necessary to be more "human" again, focusing on understanding and empathy. This is particularly important as there are legitimate fears about AI among some people, and concerns about being overwhelmed by mobile services or having a knowledge gap.
In the financial sector, there is a shortage of skilled workers, particularly developers who know the 60-year-old financial programming language COBOL. Meanwhile, many people are still using outdated computers and MS Office installations, and have poor internet connections. Some people are not interested in AI due to lack of personal relevance or limited digital infrastructure.
Despite these challenges, AI progress is not yet widespread, with many people still far from experiencing its impact in their daily lives. Companies are cutting jobs, but not due to automation. This underscores the need for a balanced approach to AI, one that values both its potential benefits and the importance of human qualities in a data-driven world.
Breyer's article, which wishes the readers a wonderful summer with less time in front of screens and more experiences in being, emphasizes this point. She believes that these human qualities will remain important in the age of AI, and encourages everyone to be human, with all their innovation and tech enthusiasm.
In conclusion, as we navigate the rapidly changing landscape of AI, it's essential to remember the enduring value of human skills. By focusing on creativity, emotional intelligence, strategic thinking, and personal connection, we can ensure that we remain relevant and valuable in a tech-driven world.
Fintech experts, such as Nicola Breyer, advocate for the cultivation of skills that AI cannot replace, like emotional intelligence and nuanced judgment, to thrive in a technology-driven world. Galloway, a US professor, underscores the need for creativity, mastery of unique human perspectives, strategic vision, and the ability to build meaningful relationships in fields where human insight is crucial. In the financial sector, though AI progress is not yet widespread, there's a shortage of skilled workers and a need to maintain a balanced approach that values both AI potential and human qualities.
