How is Artificial Intelligence Transforming Humanity in Every Dimension | 7wData

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Mark Minevich is a highly regarded and trusted Digital Cognitive AI Strategist, Artificial Intelligence expert, Global Social Innovation and Technology Executive, UN Advisor, Leading Author and Columnist, Private Investor/Venture Capitalist, and the principal founder and 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 Executive committee of AI for Good Foundation. Mark is a Chief Digital Strategist at the International Research Centre for AI, under the auspices of UNESCO. Mark is Sr. Advisor to Boston Consulting Group Boston Consulting Group. Currently, he serves as the strategic advisor and Global ambassador to the CEO and Chairman 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 to Canadian Growth Investments and Business Advisor to Infosec Global.

What is the definition of leadership for you? As a leader, should one create more followers or leaders?

I believe that a leader should create more leaders, not followers. A leader is someone who inspires and motivates others to achieve their goals. A leader also has the vision and foresight to see the 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 followers does not necessarily create positive change, and can even lead to negative outcomes if those followers are not inspired or motivated 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 of supportive people is essential for any entrepreneur. These people can provide advice, mentorship, resources, and opportunities. They can also be a sounding board for new ideas and help you navigate through difficult times. If you take anything away from my journey, let it be the importance of networking. It really is the key to success.

Having recorded experience as a technology executive and UN advisor, how would you describe global technology trends and innovation?

Technology is evolving at an accelerating pace and is becoming more sophisticated and integrated into our everyday lives. We are seeing a trend towards climate-friendly and sustainable technologies, as well as a move towards more personalized and bespoke solutions as a result of the inception of Web 3. Concretely, we are seeing steady development in the fields of carbon capture, climate risk analysis and management, as well as distributed ledger technologies.

How have Artificial Intelligence and technology practices changed in the last decade?

There has been a shift from general-purpose AI technology that can be used for a variety of tasks, 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 development of new methods for training and deploying AI models. We are also seeing a move away from rule-based systems towards more data-driven approaches, which is enabled by the increased compute power and storage capacity that are now available.

With AI innovation across industries, organizations can better understand all aspects of business strategy, risk, and ethics. How can they make informed decisions about AI applications by assisting them with the deployment of AI?

There are a number of ways in which organizations can make informed decisions about AI applications. Firstly, they need to ensure that they have a clear understanding of their own business goals and objectives. They also need to understand the state of the art in AI technology and how it can be applied to their specific domain.