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Geeking Out With Legendary Futurist and Investor Steve Jurvetson

Listen to this week's episode of Capability Amplifier here!

Lets get one thing straightwe are living inexciting times! There has never been more diversity and opportunity when it comes to technology. Things we only used to see in sci-fi movies and on The Jetsonsare now found inreality.

Recently I attended The Near Future Summit in San Diego, CA. It's anawesome event centered around acommunity of Entrepreneurs, activists, inventors and investors who enjoy helping one another achieve lofty goals. The event is packed with celebrities, Silicon Valley pioneers, heads of state, influencers and royalty.

At the event, I had the incredible opportunity to meet and interviewSteve Jurvetson. I was super psyched to speak to Steve and have the chance to pick his brain about the future of technology.

One of the things Steve is blown away by is the diversity and breadth of opportunities for venture capitalism and revolutionary entrepreneurialism. Inthe '90s, when Steve started as a VC, it was all software, semiconductors and healthcare. That's it. If you invested in automotive, you'd lose your money. If you invested outside of this narrow domain, it was a fool's errand. But today? Almost every industry is going through a massive disruptive revolution, some moving faster than others like automotive and aerospace.

Related:4Artificial IntelligenceTrends to Watch

Eventually, everything from agriculture to financial services to you name it, are converting from software-centric businessesto intelligence-centric businesses. Deep learning with AI and neural networks is going to have a major impact.

Lets talk about quantum computing. Its a big area of interest for Steve and something hes put a lot of resources into. Quantum computing is as weird as the name implies. It uses quantum mechanics as the fundamental basis of computation in a way that is unlike any computer you've ever heard of before. The important thing to keep in mind is it's not just another supercomputer: it engages the computational resources of parallel universes!David Deutsch described it like this, If you took the entire matter of the universe, and reconstituted it into the best computer, it still cannot solve certain problems. And these computers could.

I asked Steve onequestion about how AI will affectthe average business owner.

The first effect, he said, would be, machine learning or deep learning.My advice for a small business ownerwould be to just spend a little bit of time watching YouTube videos or take a Udacity course on machine learning. It's remarkably simple to learn and if you were starting any new business today, to nothave a machine learning element to your business model would be as bizarre as to ignore mobile phones or the internet.

Related:What Every Entrepreneur Must Know AboutArtificial Intelligence

Steve believes that machine learning/deep learning is the most important advance in how we do engineering since the scientific method itself. It's essentially a process of, how do we learn how do we build complex systems? How do we transcend our own intelligence eventually, to build things that are smarter than ourselves?

Check out the whole Podcast Interview HERE and dont forget to subscribe, leave me a message, rate, review and share!

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