The Power of Predictions
From the Delphic Oracle to weathermen and demand forecasting, mankind has used predictions to make choices. While the accuracy of prophecies was questionable, decisions in today’s fast-paced world lose their foundations before they’re even made. Yet we stand on the brink of a revolution. With AI on the rise, CEOs, politicians, doctors and even hesitant grooms are bound to reach more informed conclusions. Soon enough, faster and better prediction tools will change entire industries. And they will create new opportunities.
On 4 June 2019 the Power of Predictions conference brought around two hundred guests to the Gottlieb Duttweiler Institute in Rüschlikon, Switzerland, to hear from a stellar line-up of experts.
It was a stunningly beautiful day with glistening vistas across Lake Zurich but a host of speakers kept the audience rapt and focused on the multi-faceted world of predictions, and its ever increasing potential, in the age of AI. The event, hosted by GDI and co-organized by Swiss Re Institute and IBM, took fascinating and unexpected turns with presenters looking at the theme of the day from different viewpoints, such as economics, healthcare, art, risk management, capitalism and ornithology – yes, ornithology!
We heard from Ajay Agrawal (Professor at Toronto University and founder of the Creative Destruction Lab), Ran Balicer (Director at the Clalit Research Institute), Martin Weymann (Head of Sustainability, Emerging and Political Risk at Swiss Re), Michelle Ufford (Engineering Manager at Netflix), James Bridle (writer and publisher), Martin Wikelski (Director at the Max-Planck-Institute), Thomas Ramge (journalist and author) and Norbert Bolz (media theorist and Professor at the Berlin Technical University). And, mind you, that's just some of the speakers!