Josh Klein

1. NYK London
Josh Klein, October 2018

2. The only control you have is
and the values you cultivate
over the culture you sustain

3. Technologies are getting more
potent, more quickly, be it
Genomics, 3-D Printing, IoT,
Drones, AI, Self-Driving Cars, or the
combination of all of the above!

4. Technologies are getting more
potent, more quickly, be it
Genomics, 3-D Printing, IoT,
Drones, AI, Self-Driving Cars, or the
combination of all of the above!

5. CRISPR-9

6. Gene Drives

7. Food (all of it)
Creative Commons Attribution-Share Alike 4.0 International
Author: Love Food Hate Waste NZ
https://commons.wikimedia.org/wiki/User:OgreBot/Uploads_by
_new_users/2015_July_13_21:00

8. Technologies are getting more
potent, more quickly, be it
Genomics, 3-D Printing, IoT,
Drones, AI, Self-Driving Cars, or the
combination of all of the above!

9. Guns

10. Houses
Creative Commons Attribution-Share Alike 4.0 International
Author: 3DPrinthuset (Denmark)
https://3dprinthuset.dk/europes-first-3d-printed-building/

11. Organs
License: Creative Commons Attribution-Share Alike 3.0 Unported
Author: Steven Fruitsmaak
https://commons.wikimedia.org/wiki/File:Ligamentum_capitis_fe
moris.jpg

12. Technologies are getting more
potent, more quickly, be it
Genomics, 3-D Printing, IoT,
Drones, AI, Self-Driving Cars, or the
combination of all of the above!

13. Alexa

14. Intimate Appliances
License: Creative Commons Attribution-NonCommercial-
ShareAlike 3.0 Unported (CC BY-NC-SA 3.0)
Author: Cory Doctorow
https://boingboing.net/2017/11/10/back-orifice-2.html

15. RFID

16. Technologies are getting more
potent, more quickly, be it
Genomics, 3-D Printing, IoT, AI,
Self-Driving Cars, or the
combination of all of the above!

17. Recidivism

18. Facial monitoring

19. Technologies are getting more
potent, more quickly, be it
Genomics, 3-D Printing, IoT, AI,
Self-Driving Cars, or the
combination of all of the above!

20. Unemployment
2.86% of US workers currently
employed as drivers.
> 4 million U.S. jobs likely lost to
autonomous vehicles.
U.S. drivers could see job losses at a
rate of 25,000 / month*
* Goldman Sachs Research

21. Less Fatalities
Driverless cars could, by midcentury,
reduce traffic fatalities by up to 90%.*
In the US, 300,000 fatalities could be
prevented over the course of a decade.
That's on par with modern vaccines,
which save 42,000 lives for each U.S.
birth cohort**
* McKinsey & Company
** Centers for Disease Control

22. Technologies are getting more
potent, more quickly, be it
Genomics, 3-D Printing, IoT, AI,
Self-Driving Cars, or all of the
above!

23. NLP +
A/B Testing +
Social Media

24. Slaughterbots
trailer

25. Culture is moving in lockstep with
this evolution. The USA is "making
Canada great again." The EU is
formalizing privacy - and so is
China. Meanwhile, smaller
countries are selling citizenship
and virtually monetizing electricity.

26. Culture is moving in lockstep with
this evolution. The USA is
experiencing a media inversion.
The EU is formalizing privacy - and
so is China. Meanwhile, smaller
countries are selling citizenship
and virtually monetizing electricity.

27. #MeToo
45% of USA Twitter users had a friend
post using the term
Numerous high-profile leaders fired
Industries from finance to
entertainment affected
A MeToo congressional bill
Echoing groundswell in countries
worldwide
License: Creative Commons Attribution-Share Alike 4.0 Intn’l
Author: Wolfmann
https://upload.wikimedia.org/wikipedia/commons/a/ac/MeToo_h
ashtag_digital_text_on_RGB_screen_2017-12-09_version_11.jpg

28. NRA
Recent polls show 7 in 10 Americans
want stricter gun laws
Everytown for Gun Safety enrolled to
more members than the NRA in two
weeks (25% growth)
Walmart voluntarily ended sales of
guns to anyone under the age of 21

29. United Airlines
Instead of a ~$1,200 annual bonus,
employees entered an (up to) $100,000
lottery
The new system would have cut
employee bonuses overall by tens of
millions of dollars annually
Employees leaked internal memos,
posted on every social media, and
solicited intense media attention

30. Culture is moving in lockstep with
this evolution. The USA is
experiencing a media inversion.
The EU is formalizing privacy - and
so is China. Meanwhile, smaller
countries are selling citizenship
and virtually monetizing electricity.

31. General Data Protection
Regulation (GDPR)
Failure to comply with GDPR will cost
4% of global annual turnover or €20
million, whichever is greater.
Under GDPR, companies are required
to report a breach within 72 hours of its
discovery.
97% of companies didn’t have a plan in
place for when GDPR kicked off.

32. Culture is moving in lockstep with
this evolution. The USA is
experiencing a media inversion.
The EU is formalizing privacy - and
so is China. Meanwhile, smaller
countries are selling citizenship
and virtually monetizing electricity.

33. Sesame Credit
License: Creative Commons Attribution-Share Alike 3.0
Unported
Author: Friman
https://upload.wikimedia.org/wikipedia/commons/a/ac/Presid
io-modelo2.JPG

34. facial recognition glasses

35. Culture is moving in lockstep with
this evolution. The USA is
experiencing a media inversion.
The EU is formalizing privacy - and
so is China. Meanwhile, smaller
countries are selling citizenship.
and virtually monetizing electricity.

36. Citizenship as a service

37. I.e., Technology - and the
intelligence it engenders - isn’t
amoral. It’s especially moral.
And yet...

38. I.e., Technology - and the
intelligence it engenders - isn’t
amoral. It’s especially moral.
And yet...

39. I.e., Technology - and the
intelligence it engenders - isn’t
amoral. It’s especially moral.
And yet...

40. The public corporation is vanishing
as new models disintermediate
businesses and individuals alike.

41. Dual-class voting
rights (and similar
arrangements)
increasingly
common
55% drop in
corporations
listed on U.S.
stock markets
between 1997
and 2012.
Less IPOs from
2009 to 2014 than
in 1996 alone.

42. The public corporation is vanishing
as technology disintermediates
businesses and individuals alike.

43. “Corporation” vs “Nexus-of-Contracts”
"Webification"
Made the make-or-buy decision
subject to continuous revision as
prices became readily available.
From Prof. Gerald F. Davis, U. Michigan,
“Uberization and the Web Page Enterprise”

44. “Corporation” vs “Nexus-of-Contracts”
"Webification"
Made the make-or-buy decision
subject to continuous revision as
prices became readily available.
“Nikefication”
Enabled organizations to deploy Design in
Oregon, Production in China, and
Distribution anywhere else.

45. “Corporation” vs “Nexus-of-Contracts”
"Webification"
Made the make-or-buy decision
subject to continuous revision as
prices became readily available.
“Nikefication”
Enabled organizations to deploy Design in
Oregon, Production in China, and
Distribution anywhere else.
"Uberization"
A nexus-of-contracts shifting from
owned assets or resources to purely
on-demand, digital sourcing.

46. The public corporation is vanishing
as technology disintermediates
businesses and individuals.

47. “Employee” vs “Freelancer”
"Career"
Investing in organizational knowledge
led to tenure and better pay, versus
domain expertise.

48. “Employee” vs “Freelancer”
"Career"
Investing in organizational knowledge
led to tenure and better pay, versus
domain expertise.
“Job”
Work becomes commodified, meaning price
trumps loyalty

49. “Employee” vs “Freelancer”
"Career"
Investing in organizational knowledge
led to tenure and better pay, versus
domain expertise.
“Job”
Work becomes commodified, meaning price
trumps loyalty
"Task"
Work becomes increasingly unary,
enabling growing automation

50. This means that in-demand talent
is more expensive than ever... and
less loyal. But if they don't leave
it's worse. Meanwhile, the startups
they flee to are your greatest
threat, and markets you can't play
in are booming.

51. Startups without revenue are
fetching prices that amount
to $5m-10m per AI expert.

52. The cost to replace a highly-
trained employee can
exceed 200% of their annual
salary.

53. This means that in-demand talent
is more expensive than ever... and
less loyal. But if they don't leave
it's worse. Meanwhile, the startups
they flee to are your greatest
threat, and markets you can't play
in are booming.

54. 44% of employees say they
would consider taking a job
with a different company for
a raise of 20% or less.

55. Recent research by Dice
indicates that 65% of
employees are confident
they can find a better
position that pays more.

56. A Deloitte poll of more than
10,000 millennials across 36
countries found 43% planned
to leave their jobs within two
years, while only 28% plan to
stay beyond five.

57. A recent Gallup poll showed
that 93% of young
professionals say they left
their employer the last time
they changed roles.

58. Note that it’s not just AI Experts
that are in-demand…
… increasingly it’s employees who
have unusual combinations of
expertise.
Is that you?

59. This means that in-demand talent
is more expensive than ever... and
less loyal. But if they don't leave
it's worse. Meanwhile, the startups
they flee to are your greatest
threat, and markets you can't play
in are booming.

61. License: Creative Commons Attribution 2.0 Generic
Author: Baer Tierkel
https://www.flickr.com/photos/sweetmojo/2349268098/si
zes/l/
Goldman Sachs on a Hepatitis C
treatment with cure rate of > 90%:
"Is curing patients a sustainable business
model?"
"In the case of infectious diseases such as
hepatitis C, curing existing patients also
decreases the number of carriers able to
transmit the virus to new patients, thus
the incident pool also declines …"
- "The Genome Revolution," April 10 report by Goldman Sachs

63. This means that in-demand talent
is more expensive than ever... and
less loyal. But if they don't leave
it's worse. Meanwhile, the startups
they flee to are your greatest
threat, and markets you can't play
in are booming.

64. ● Global VC investment reached $46.5B across
2,884 deals
● Series A funding rounds have grown
substantially: 39% were $25 million or larger
● 40+ VC-backed unicorns (> billion-dollar
valuations) in 2017
According to Pitchbook.com

65. Pricewaterhouse
Coopers and CB
Insights' Q1 2018
MoneyTree report

66. This means that in-demand talent
is more expensive than ever... and
less loyal. But if they don't leave
it's worse. Meanwhile, the startups
they flee to are your greatest
threat, and markets you can't play
in are booming.

67. The Black Market is worth
almost $10 trillion,
represents $1 of every $7
transacted in the USA, and
will be the primary market
for 2/3rds of the planet by
2020.

68. The Black Market is worth
almost $10 trillion,
represents $1 of every $7
transacted in the USA, and
will be the primary market
for 2/3rds of the planet by
2020.

69. The Black Market is worth
almost $10 trillion,
represents $1 of every $7
transacted in the USA, and
will be the primary market
for 2/3rds of the planet by
2020.

70. The Black Market is worth
almost $10 trillion,
represents $1 of every $7
transacted in the USA, and
will be the primary market
for 2/3rds of the planet by
2020.

71. Let’s summarize.

72. Technologies are getting more
potent more quickly, and culture is
moving in lockstep. Technology is
disintermediating businesses while
empowering employers and
consumers alike.

73. Technologies are getting more
potent more quickly, and culture is
moving in lockstep. Technology is
disintermediating businesses while
empowering employers and
consumers alike.

74. Technologies are getting more
potent more quickly, and culture is
moving in lockstep. Technology is
disintermediating businesses while
empowering employers and
consumers alike.

75. Technologies are getting more
potent more quickly, and culture is
moving in lockstep. Technology is
disintermediating businesses while
empowering employers and
consumers alike.

76. Technologies are getting more
potent more quickly, and culture is
moving in lockstep. Technology is
disintermediating businesses while
empowering employers and
consumers alike.

77. i.e.,

78. The only control you have is

79. The only control you have is
over the culture you sustain

80. The only control you have is
and the values you cultivate
over the culture you sustain

81. This is a radically different
operating environment.
What will you change to
excel within it?

82. This is a radically different
operating environment.
What will you change to
excel within it?

83. Let’s talk.
Josh Klein / www.josh.is / josh@josh.is