11.20.23

Why the Open AI war matters for everyone

BY Wesley Diphoko 3 MINUTE READ

Over the weekend we witnessed one of the most dramatic moments in the history of technology startup management. It reminded many of what happened to Steve Jobs when he was fired from a company he founded, Apple. This time around it was Sam Altman the man who co-founded the company that brought us ChatGPT, OpenAI. He was fired by the four member board allegedly for not being “candid with the truth”. Although there were attempts to bring him back, an intervention by shareholders led to an appointment of Emmett Shear, the former CEO of Twitch.Why do developments at OpenAI matter? To get the sense of the significance of this development, one has to look at what I understand to be at the root of conflict. According to reports, at the centre of the OpenAI conflict, there’s the company Chief Scientist, Ilya Sutskever and former CEO, Sam Altman. In a debate about curbing the powers of AI or to let it be, Sutskever was more for curbing AI powers and Altman wanted to move ahead swiftly. In technical terms that means, Altman was pushing ahead to release Artificial General Intelligence (AGI) which has more powers that supercede human beings. On the other hand, Sutskever was of the view that society is not ready for AGI.

As of Monday (20 November 2023) part of the settlement included a move by Sam Altman to Microsoft in order to create an internal AI entity. At this stage it’s not clear how much power will Sam Altman have under Satya Nadella’s, Microsoft CEO, wings.

We can however conclude that the world is currently at war about what is to be done about AI. Should it be allowed to go rogue or be controlled. This is one of the most important issues after climate change. It is something that will probably feature heavily in a battle amongst global powers such as China and the US.

While the Sam Altman firing issue may seem trivial, it is something that should serve as a wake up call for the global community. The battle about AI should not be left to just individuals and corporations. If its potential harms are what we have come to understand, then there’s a need for consensus building process around how AI will be enabled in society. Tech needs a multilateral institution that will facilitate the deployment of technology in line with human values. If developments at Open AI are anything to go by in terms of how prepared we are to deal with what is coming from AI, we are in trouble. Our situation is such that we’ve allowed kids to play with a bomb while we’re watching as bystanders. If AI will have a significant impact on society, then society has to decide how it should be governed and function.

South Africa has been vocal about current wars and quiet about AI. Such a reaction is understandable, considering there’s little local understanding (at least amongst law makers) about its impact. The time is now to get its full understanding and begin a process of having a voice on what should be done. The issue may seem far from South Africa (or countries beyond the US) at this stage due to where it’s developed. Its impact will be felt globally and therefore there should be a global response. Currently, commercial interests are shaping everything in the AI space. Everyone is at the mercy of current investors. It’s not an ideal situation for human society. One can only hope that there will be a change of heart amongst companies that are leading the AI race. The leadership of tech leaders matters now more than ever.

WESLEY DIPHOKO

11.17.23

Eric Spofford: From Overcoming Addiction to Achieving Massive Real Estate Success

BY Wesley Diphoko 2 MINUTE READ

Eric Spofford, the visionary business athlete and CEO of Spofford Enterprises, has a journey that embodies resilience and success. He is not your average entrepreneur. Spofford’s unwavering spirit has spurred him to carve out an exceptional path, one that led him from battling addiction to achieving remarkable success in the real estate industry, with a $115m exit. Spofford’s incredible feats are rooted in notable entrepreneurial ventures and his mission to help others attain financial prosperity through business and real estate investing. Spofford’s story is one of triumph over adversity. At the young age of 15, he became entangled in the clutches of alcohol and drug addiction. For seven challenging years, he grappled with this harrowing battle until, at 22, he emerged victorious, embracing a life of sobriety. His journey through recovery instilled in him the invaluable qualities of discipline and determination.

Having conquered his demons, Spofford embarked on an impressive entrepreneurial journey. He founded Granite Recovery Centers, an addiction treatment business that provides a comprehensive range of recovery services. Over 13 years, he transformed Granite Recovery Centers into one of the largest addiction treatment enterprises on the East Coast. His leadership and vision helped thousands of individuals find their path to recovery.

In a significant move, Spofford decided to sell Granite Recovery Centers, a business he had passionately nurtured, for well over $100M. His transition from addiction treatment to a new venture demonstrated his unrelenting commitment to personal growth and innovation. The change marked the inception of Spofford Enterprises, a entrepreneurial family office with a diverse portfolio that includes real estate, venture capital, and professional and personal coaching.

Spofford Enterprises, under Spofford’s dynamic leadership, currently manages a mixed portfolio of multi-family,commercial, and single-family Section 8 properties. The firm’s expansion also includes the launch of Bonus Round Charters, a Miami-based yacht chartering business. The entrepreneur’s business acumen and relentless work ethic are the driving forces behind the success of Spofford Enterprises.

Spofford’s enduring legacy lies not only in his achievements but also in his vision to help others reach their financial goals. Expertly blending success with paying it forward, Spofford aspires to help 10,000 individuals become millionaires through real estate investing. His mission reflects a deep-seated belief in the importance of legacy and the impact one leaves on the world.

As he continues to mentor and guide aspiring entrepreneurs with his new program, Cash Flow is King, his impact on the world grows stronger. Spofford’s triumphs serve as an important reminder that success should be a means to make the world a better place and leave a lasting legacy for future generations. His ultimate goal is to inspire the next generation of entrepreneurs to create businesses that are not only profitable but also beneficial to the community.

From battling addiction to becoming a successful entrepreneur in both business and real estate, Eric Spofford’s journey is a testament to the power of resilience and determination. His story inspires entrepreneurs and individuals alike, reminding us that with steadfast commitment and hard work, we can overcome life’s challenges and achieve success. In entrepreneurship, Spofford is a shining example of what can be accomplished with determination, discipline, and a commitment to your vision.

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11.13.23

Meet the Ai Pin: An AI hardware that may change how you use computers

BY Wesley Diphoko 3 MINUTE READ

In the beginning it was a machine that could fit in a room, it was followed by a machine that required a desk to operate, thereafter only a hand was required.

Now you may just need something to wear to have the same computing power that required a room many years ago. This is a thought that crossed my mind as I was thinking about the significance of the product, Ai Pin, that was launched last week by a couple that formerly worked at Apple, Bethany Bongiorno and Imran Chaudhri.

If the founders of Humane, the company behind the AI device, succeed in getting consumers to buy into their product they will have pioneered a significant shift in the history of the computing industry. Before we get into the significance of the Ai Pin as a product let’s outline its simple functions.

The wearable device will listen to your voice in order to carry out functions like making a call and providing answers to your questions. It will learn from your behaviour and preferences to serve answers that are tailored for you. The device will not require any glass surface to show you its answers. It will use a laser to project answers to the palm of your hand. At the same time it will use gestures to receive instructions. As for the significance of this device, books will be written about this moment. The Ai Pin is the first artificial intelligence hardware product. It’s an answer to the highly sought after means of enabling AI to have its own hardware. In the Ai Pin artificial intelligence has been productised. It will not be the last. In the next few years we are likely to see products that will marry AI with hardware. It will be one of the few products that may liberate society from looking at screens.

It will usher a new category of products that will come with AI built into them to all sorts of things at home. The Pin’s primary job is to connect to AI models through software that is called AI Mic. We know that currently it is powered by ChatGPT although not limited to OpenAI technology. Its operating system, called Cosmos, is designed to route your queries to the right tools automatically rather than asking you to download and manage apps. The Humane Ai Pin is the beginning of a larger project. I’m also of the view that it’s the beginning of enabling human beings to be connected beings.

We are moving away from just a computer that is based in an office or one in the palms of our hands to something that is always with us. Our voice will become the key in our interaction with devices. Buttons will also slowly disappear as we will be using gestures. Even if Ai Pin fails as a product we will continue to see more gadgets that require a different form of interaction. We know already that our cars are likely to work without a steering wheel. This form of interaction with devices will be taken to another level if the Neuralink by Elon Musk and company becomes a reality.

A lot about this future of computing seems appealing until you get to an understanding of what will be required from us. The Ai Pin will retail for $699 plus a $24 per month subscription fee. This tells you everything you need to know about the price we will have to pay to have computing power.

In a future where control of gadgets is less buttons and screens we will likely compromise on control of our devices. Subscription model will govern how we will access devices. Beyond just buying the device a user will have to pay a monthly fee to use. Imagine driving a car that requires you to pay a subscription fee to access an air conditioner. It seems to me products like Ai Pin should come with a warning. As more things disappear on our gadgets we are also losing the control of things we were supposed to own.

11.08.23

How Shoprite Group is leading a retail sector technology revolution

BY Wesley Diphoko 3 MINUTE READ

There’s no question that the COVID-19 pandemic inspired digital transformation across economic sectors. The retail sector became the poster child of what happens when a traditional industry gets transformed by technology. The Shoprite group in particular has shown us how. Some businesses woke up during the pandemic when they had no choice but to apply digital strategies. When retailers could not welcome customers in their stores Shoprite Group had already built their digital machine.

I recently spent some time with the leadership team behind innovations within the Shoprite Group. I came out of the flagship retail building with the thought that the Shoprite Group has built a retail technology giant to transform itself from a brick and mortar to a tech empowered business. From a consumer perspective it’s not easy to tell the extent to which the business is backed by technology. Consumers can only feel it through the efficient service when they interact with companies within the Shoprite Group.The entire process that ensures timely arrival of goods ordered online is dependent on a tech engine built and acquired by the company. It’s not just the bikes we see on the roads, it’s not just the app but an entire logistics system that enables the delivery of goods. One of the elements is data which is instrumental in enabling the retailer to personalise services and make better pricing and promotions. The data is so important within the Shoprite Group to an extent that recently it established an academy to develop data scientists. The academy offers a year-long programme in which apprentices have the opportunity to extract knowledge and insights from complex data sets involving sales, inventory, consumer spending and much more. Graduates from the academy on completion they join an entity, ShopriteX, within the group which focuses on data and analytics.

What could be referred to as a data startup within the Shoprite Group, is armed with a platform, Rex, which is behind the data analytics processes within the group.

This technology machinery is what makes it possible for consumers to get rewards for their loyalty in retail stores like Checkers. It also enables the delivery within the 60 minutes promise. The technology wave I felt within the Shoprite Group head offices is the same wave that is blowing within the retail sector. Major retailers, Pick n Pay, Woolworths have been busy trying to compete through the use of technology. The extent to which retailers have adopted technology is a game changer in this sector. Small players would have difficulty to compete under such circumstances. These technological changes are repositioning the leading retail giants. Some of them, as seen in the case of the Shoprite Group, are becoming technology companies and incurring the challenges faced by tech giants. The Sixty60 innovation by the Shoprite Group creates the Uber challenge for the retail giant. The delivery app is wholly owned by the Shoprite Group and could introduce challenges (e.g labour) similar to those faced by Uber. To employ or not to employ the delivery drivers? How to create better working conditions for Sixty 60 drivers? As the Shoprite embarks on this digital transformation, may it not adopt all the traits of tech companies. May the retail sector learn good things from tech giants and avoid the bad practices that we’ve seen over the years. The retail sector ought to avoid the manner in which Uber has treated drivers. Shoprite Group and other retailers must also avoid falling into the trap of abusing user data as we’ve seen with tech giants. In the quest to improve customer service there’s a possibility that data shared by consumers may be used to get customers to buy what they don’t need. This should be avoided at all costs.

Correction: This article previously indicated that “the delivery app is not completely owned by the Shoprite Group”.

This has now been corrected to indicate that “Sixty 60 is 100% owned by Shoprite Group”.

10.30.23

How Springboks used Tech to win

BY Wesley Diphoko 2 MINUTE READ

Most South Africans know a lot about the sports man that we’ve come to know as Springboks. As the country celebrates the Rugby World cup victory, the glory will go to Siya Kolisi, Rassie Erasmus, Jacques Nienaber and other team mates. One of the few things that will not receive any mention is the technology that was also instrumental in providing all the intelligence for the winning team. Many South Africans have wondered about the small block on the Springboks jersey. Allow me to share the little understanding I have behind that major contributor to the Springboks performance.

We live in the age of data where information is everything. This is even more important in the sports sector to get an understanding of players performance and other variables. The Springboks team has embraced modern technology to gather data about the performance of each player. This information is used to make game decisions.

Some of this information is used during the game and also after the game. The small block on the Springboks jersey is known as the Apex device. It is a GPS wearable used in the world’s best leagues that meets standards for data accuracy, reliability, and consistency. Apex’s unique software includes the ability to monitor player and team demands specific to rugby. The innovative software has the ability to track every individual collision and analyse every scrum with impact timing differentials and return to feet statistics for each individual player within the scrum on top of all the standard metrics such as speed, distance, accelerations, decelerations. In simple terms, the Apex device collects data that is streamed to the team management. This is done during the game and empowers the coach and advisors to make live game decisions. In developing technology solutions for the team, Springboks has partnered with various technology companies. Some of them are local and some are global companies.

We have a lot to learn from the way the Springboks team has used technology. Individuals and businesses can derive critical lessons that can be used to improve performance. Using technology to gather information about our health is one of the key lessons. Smart wearable devices such as smart watches can enable us to study our sleeping patterns, heart condition and our general activity. At the end of the day they can provide us with information that we can use when there’s a need. Sometimes they can warn us about imminent health issues. We need to start sharing data and information collected from our smart watches to assist with the healthcare process. This needs to be done in a responsible manner that respects data privacy standards. Businesses can also learn a lot from the Springboks implementation of technology. Businesses can learn that technology can be a companion. It’s not always necessary to take the approach that seeks to replace human beings with technology. The Springboks have shown that technology can work with humans to achieve desired results. Data sourced from technology devices can be used to inform decisions to improve performance.

There’s no doubt that the Springboks have inspired a nation. Their use of technology will probably inspire other sport teams to use technology to improve their performance. Don’t be surprised to see most sports clubs starting to use the block device on their jerseys to gather data about players. Let’s just hope that the reliance on technology will be balanced to enable the enjoyment of sports and other activities.

10.24.23

Elon Musk 1st year as Twitter/X Boss according to former employee

BY Wesley Diphoko 5 MINUTE READ

This week marks one year since Elon Musk strutted into Twitter’s San Francisco offices carrying an actual kitchen sink, grinning from ear to ear as he reluctantly closed his $44 billion purchase of the social network.

Things have changed significantly at Twitter since then. Twitter has the company laid off the majority of its staff, leaving the company woefully undermanned in areas like content moderation and government relations. In addition, Musk blew up the verification process in favor of a pay-to-play scheme, installed the longtime NBCUniversal executive Linda Yaccarino as the new CEO—and changed the company name to X.

But those changes have been far from smooth, and in some cases appear to have left Musk’s company ill-prepared to tackle the challenges to come in a year full of elections, according to many former staff members and contractors. New analysis by NewsGuard shows that three-quarters of the platform’s most viral false claims about the ongoing Israel-Hamas war come from users Musk has charged to be verified—one of the first acts he took to redraw the platform in his own image once he took ownership.

To be sure, the platform was far from perfect before Musk came along, former employees admit. “Even before Musk, Twitter had the reputation of being the social media site where you went to argue,” says Melissa Ingle, who was a senior data scientist who worked at Twitter from September 2021 to November 2022. The platform also struggled with content moderation, according to Ingle, whose work directly touched on that area. “We had poor responses to bots, various spams, and content violations,” she says.

Yet there was still a magic to the old Twitter, in her mind: “Twitter was a place where you could meet the most amazing people,” she says. And that’s what she thinks has disappeared from the platform since its purchase and rebranding to X. For one thing, the user numbers have tanked, as new data released earlier this month shows.

“Then Musk came along and stripped it for parts and aired out all our dirty laundry in an extremely calculated way,” says Ingle, who believes that Musk managed to amplify the negatives and issues about Twitter, while tamping down the saving graces that counteracted and canceled out the problems.

The litany of issues that X now faces are huge. The userbase has shifted, and who is prioritized in the timeline is dictated now by who’s willing to pay, rather than who has relevance or importance in topical conversation. That shifts the tone of what’s said, with negative effects on minorities, including Ingle. “I was threatened bodily and reported it, but the tweet was up for months,” she says. Musk launched his bid in part to try and tackle Twitter’s bot problem, but in recent weeks users have found the number of porn bots liking random posts has increased.

Child sexual abuse material (CSAM), which Musk put forward as another of his priorities, “is as bad as it ever was,” says Ingle. “He’s somehow managed to make a fairly grim financial situation into a bloodbath,” she says. “He even jettisoned one of the most meaningful and longest lasting features of the company—its name.”

It’s not just the name that’s gone—so are a number of key features that were designed to keep the platform safe. “All of the programs that I was involved in have basically been taken down or dismantled,” says Theodora Skeadas, who worked in Twitter’s public policy team as well as managing Twitter’s trust and safety council’s day-to-day operations. Like many, she received notice she would be laid off in December 2022, which took effect in February 2023. “Unfortunately, the impact has been pretty severe,” she says. “Civic integrity work is either reduced, or in some cases not happening at all.”

Skeadas believes that “the impacts of our departures have been noted” by the way the platform has changed. She says there are fewer resources for marginalized political groups in civic spaces; there’s reduced labeling and fact checking around elections. “People are observing and reporting on rising disinformation, hate speech, and violent rhetoric,” Skeadas says.

Skeadas had anticipated, alongside her colleagues, all of this happening because they had experienced the fires that Twitter fought around political conversation on the platform first hand for years. “It’s disappointing,” she says—both personally and professionally. “Frankly, it’s been challenging to find another role in the job market, as competitive as it is.” But personally, she also felt that she and her team at Twitter were doing a good job protecting against election interference and issues, and the work was rewarding. “It was nice to be involved in a community of people doing work that felt meaningful and time sensitive, and was high-impact,” she says.

Others are more measured in their criticism of how Musk is running his ship.” I have to admit that he’s quite good at being scrappy, and removing everything that is unnecessary until he feels like it might suck,” says Manu Cornet, a former software engineer at Twitter from June 2021 to November 2022. However, Cornet is also critical of the way that he enacted many of his cuts—for instance, pulling the plug on what Musk thought of as extraneous servers powering the platform. “There’s a lot of ruthlessness and clumsiness in his behavior,” says Cornet. Yet alongside that, there are positive aspects that have helped push through his vision. “There’s also a lot of let’s not take no for an answer and no bullshit,” Cornet adds.

X’s press team did not immediately respond to a request to comment on the former staffers’ thoughts.

Cornet worries about the way in which Musk seems to run his company through trial and error—especially given its hundreds of millions of users, and how the app is answerable to its advertisers, many of which abandoned the platform and have subsequently come back with only nominal investments in products. Linda Yaccarino, the CEO Musk installed into Twitter before the rebrand to X, claimed at a recent conference that many advertisers had returned, highlighting Visa as one. But a Media Matters investigation showed that Visa returned with a $10 ad spend, compared to $77,500 in the 12 weeks before Musk took over.

“I’m guessing people who are still there are working insane hours, which is not something that will be sustainable in the long term,” Cornet says. But he’s less concerned now than he was previously about the platform’s technical survival. “I’m more concerned about it becoming more of a cesspool of people who are increasingly right leaning and whether it may not be a representative sample of the population,” he says.

Twitter’s rightward tack, including Musk’s indulgence in conspiracy theories and amplifying and engaging with alt-right voices on the platform, gives him pause. “He’s making quite a statement in his political views,” says Cornet. That would have put users off, he reckons, if not for the fact that there are few feasible alternatives for people to move to.

None of the former staff members believe that Musk is doing a good job. Ordinarily, that might be seen as bad blood by those who were let go by the entrepreneur, but the weight of public opinion also seems to agree that things have gotten materially worse, rather than better, during his tenure in charge: Just 4% of Twitter users said they thought the rebrand to X had a positive effect, compared to 67% who said it was negative. At the same time, unfavorability ratings towards Musk have skyrocketed.

“I think he’s made decisions that have harmed individuals,” says Skeadas, “and have also undermined the company’s success.”

FastCompany

10.23.23

The Upcoming Amazonification of (South) AFRICA

BY Wesley Diphoko 4 MINUTE READ

There was no shortage of excitement amongst most South Africans when it was announced that Amazon was gearing to have a physical presence in South Africa. Some however wondered what was exciting about an entry of a company that already had some form of presence in South Africa. One could explain it by highlighting the fact that just about any non-South African brand (especially American) has a tendency to excite those who admire all things American. When Burger King came to these shores it was a sensation. People waited in long queues to get the big burger, chips and fizzy drink. Starbucks almost had a similar effect. Who does not want to be seen carrying a white cup with a green goddess? There’s something about American brands that triggers excitement across the world.

The US knows how to promote their brands to the global community. There’s however a difference between early excitement about a US brand and actually experiencing it in real life. South Africans are about to feel what it really means to source goods and to do business with Amazon. Local e-commerce businesses can rest assured that when an American global company comes to town it will probably gobble everything. Amazon will leave no stone unturned in getting local businesses on board. Before you know it, Amazon will feel like a South African brand. It will attempt to outsmart everyone in the game. The Amazon parcels will probably get to you quicker compared to other local e-commerce platforms. Chances are they will also cost less than other similar online stores. All of this will be made possible by local people and businesses that will work with the tech giant. Amazon is also serious about addressing the skills agenda in South Africa. The Amazon e-commerce service is well positioned to get human resources in a labour market like South Africa. These are indeed reasons to be excited however they are based on an assumption that Amazon is just an e-commerce company. Amazon is primarily a technology company. The entry of Amazon into the South African market could lead to the Amazonification of South Africa and the broader African market.

Amazon has its tentacles everywhere through services such as Amazon Prime, Amazon private retails brands, physical and its digital physical entities. Amazon Prime is technically a subscription service and not a retail unit. However, the Prime membership scheme underpins the entirety of Amazon’s retail business model. Prime members get exclusive deals, products and discounts, along with free and fast delivery. In addition to its e-commerce platform, Amazon’s online retail business includes sales from Amazon private-label brands.

There are more than 100 Amazon private-label brands, such as Amazon Basics, a brand of household items like kitchen accessories and batteries; Amazon Essentials, a clothing line; Amazon’s brand of luxury bedding and towels. In addition to all of these products there’s Amazon physical stores. Amazon launched its first physical bookstore, Amazon Books, in Seattle in 2015.

Later, it opened 21 Amazon Books locations across 13 states, including New York, California and Colorado. The stores featured a curated selection of titles based on consumer data gleaned from the company’s online retail platform and Kindle readers. All books on the shelves had at least a four-star customer rating on Amazon.com or are highly anticipated new releases. Shoppers could browse “Most-Wished-For Books on Amazon.com” and other data-driven categories. Customers could also purchase games, toys, home items and Amazon tech devices at Amazon Books. These products were available at discounted prices for Amazon Prime members. The Amazon Book stores were later closed down. They illustrated that Amazon could turn online things into physical entities.

As a result, Amazon made another major move into physical stores with the $13.7 billion acquisition of Whole Foods in 2017. There are approximately 500 Whole Foods locations. Amazon’s acquisition of Whole Foods also marked its entrance into the food retail industry. The grocery chain is recognized for its selection of natural and organic offerings. Amazon Prime members get discounts at Whole Foods shops across the country. Beyond just physical stores Amazon is adding a digital layer to physical spaces. Amazon added checkout-free shopping to its retail strategy with Amazon Go and Amazon Go Grocery. Amazon Go is a chain of 25 convenience stores located in Chicago, New York, San Francisco and Seattle, which first opened in 2018. Amazon Go offers ready-to-eat snacks and meal options.

Amazon expanded Go stores in 2020 with the first Amazon Go Grocery store, located in Seattle. Amazon Go Grocery offers a full selection of supermarket foods, with fresh produce, meat and a bakery. Customers scan the Amazon Go app when they enter the store and fill their carts with items. When customers finish shopping, they exit the store without checking out at a register. The Amazon Go app tracks a virtual cart of all the customer’s items and then bills the person’s Amazon account. Amazon Go locations are designed to remove lines in grocery stores with checkout-free technology. To shop at these stores, customers are required to have an Amazon account and the Amazon Go app. Are you still excited about Amazon? Consumers will enjoy innovation across the Amazon stable if the tech giant follows the same script in the African continent. As for retailers and other major businesses there’s a reason for concern. Amazon could disrupt a number of industries in the long run. The Amazon.co.za is just an introduction into something far more bigger for Amazon in the African continent.

10.19.23

EDITORIAL: Inside the latest issue of FastCompany (SA)

BY Wesley Diphoko 2 MINUTE READ

We are living in one of the most important moments in the history of technology. We are witnessing significant changes with major implications for how we live. Some of these changes may have both positive and negative effects on how we live.

In this issue, we’ve captured some of these key developments in the field of Artificial Intelligence (AI). Most professionals who follow developments in the innovation space have heard enough about AI and the latest product ChatGPT, the impressive technology that grabbed everyone’s attention. In this issue we introduce you to the humans behind it.

I also share some of the few things that I observed during my Silicon Valley visit earlier this year. We also shine a spotlight on the fintech sector and particularly companies that have developed solutions that are changing the payments landscape. One of the exciting developments in this space is a solution that was developed by Clickatell which enables chat-payments across other payment systems. Our cover feature focuses on a fintech company, Ozow, that has been on the cutting edge of taking payments to another level. We sat down with the co-founders, Thomas Pays, Oriel Pays and Lyle Eckstein and we share their journey in building the payments platform in Africa. We spent some time at their headquarters in Cape Town and experienced what fuels some of the fintech innovation when we pay for goods and conduct business online.

Current technological developments in AI and other fields are such that leaders need to take a step back and ask themselves, how to navigate upcoming changes driven by technology?. We are at a “re-boot moment” that requires everyone to re-assess and re-new. Most technologies that have worked in the past are undergoing massive change. To remain relevant there will be a need to re-align and re-position in such a way that requires mastering new tools. Part of this will be about embracing what you already know, however with a new twist that embraces current technological developments. Once again we are called upon to learn new skills, to adopt new technologies if we are to remain relevant. This moment requires those who lead to take others along with them.

Each sector of society has to consider how artificial intelligence will affect its bottom line and its survival into the future. The decisions that will be taken now matter for the future. Governments will have to play their role in ensuring current innovations do not harm our future. Businesses will have to be careful about how they position themselves for the future to avoid extinction. Professionals can no longer just assume yesteryear skills will matter in the future. Now is the time for professionals to re-learn.

At FastCompany (SA) together with partners in South Africa, we are initiating a process that will assist young people to re-boot and prepare themselves for the future. I’m hoping you will be inspired by what we share in this issue and reboot responsibly.

Subscribe here.

10.16.23

The Robots are here, we need to embrace them

BY Wesley Diphoko 3 MINUTE READ

The human race has been caught off guard as the robot revolution is already in full-force. We’ve assumed for many years that robots will only join us in the future. It turns out that robots are already with us. Some households are already using robots to carry out basic functions. Smart vacuums are already sweeping some homes here in South Africa. They are tiny objects fitted with cameras and small brushes. Through a smartphone they can be requested to clean wherever the operator may be. Through the camera a smart vacuum is able to learn about the room to understand where to clean in the future. For now it’s not as perfect as a physical broom, however it can carry out basic functions to keep a small room in clean condition.

In the US, robots are being tested to deliver packages in controlled environments. The use of robots around the world is another indicator that robots are taking off.

In Rwanda robots were used during the pandemic to deliver life saving vaccines. Some South African hospitals used robots to assess patients when it was unsafe for doctors to do so. All of these functions by robots point to a new reality of a world that is slowly introducing robots in our daily lives. They also point to a future where robots will definitely form part of daily living. We are headed to a future where robots will become our companions. They are destined to take care of some of our difficult tasks. In disaster situations they will be assigned to access hard to reach and dangerous environments. Rescue operators will work with robots to save people in earthquakes and in burning buildings. Households will get personal robots to carry difficult objects thereby becoming a useful tool.

Businesses will also find ways of using robots to do business. All of this will free people to do more meaningful work. One of the most exciting developments in the field of robots is the development of a robot, Optimus, by Tesla. Optimus is inspired by the human body, with arms, hands, legs and a head. It also has a brain, which is a central computer located in its torso. Optimus has a 2.3 kWh battery pack, which amounts to about a full day of work, along with 28 structural actuators, which allow the robot to move. Its hand features has six actuators and 11 degrees of freedom, or axes of motion, less than half of what an actual human hand has, though it can perform both wide and more precise adaptive grasps of objects. Sensors allow Optimus’s hand to identify what it’s grabbing and understand where its hand is in relation to space. Its hands are also capable of carrying a 20-pound bag.

Optimus’s central computer processes vision data from multiple sensors so it can perceive its surroundings. It also has a visual navigation system managed by neural networks to get around. It’s loaded with a library of natural motion references — essentially engineers recorded human motions, like grabbing a box off a shelf, and mapped that motion data, which has been optimised to adapt to real-world motion, to Optimus. When Optimus enters the market we begin a process of buying robots in the same way that we buy cars. They will be another object that we own to carry out our commands. Current versions of robots that are in operation provide an opportunity to climatise society with the robotic world.

There’s no doubt that robots will change the nature of work. In the same way that the washing machine freed us from washing clothes, robots will free us from some activities. One can have a positive or negative view of robots; there’s nothing that can stop them from joining human society. What can be done is to prepare our world to co-exist with them in a way that maintains harmony.

10.10.23

The Next Big Thing is not a Smartphone

BY Wesley Diphoko 3 MINUTE READ

No one can argue with the fact that artificial intelligence has taken the world by storm. Since the day internet users started using ChatGPT, AI has been on everyone’s lips. What has been lacking however is the user experience to convert non-believers into believers. Let me explain. Every technology is nothing until such time that people begin a process of not just using but relying on it for almost everything they do. The netizens are well aware of that itching feeling of checking a status, an email and whatever else online. All digital products that have reached such status have converted you from being a non-believer to a believer or in simple tech terms a user. Artificial Intelligence has so far failed to convert most into believers. No one is yet using ChatGPT in the same way that we search for stuff on Google search. It was one thing to get users excited, it’s something else to keep them engaged and using the product. It seems to me AI leaders are concerned about lack of user conversion into believers. The next big thing is to create an iPhone moment for the AI world.

According to media reports, this could be the reason why the man,Sam Altman, behind ChatGPT may be in discussions with the former chief designer of products such as iPod, iPhone and Apple watch. I am reliably informed that Sam Altman and Jony Ive may be discussing what is now referred to as an AI smartphone. If these reports are true, we are likely to see the next big thing after smartphones. Ive is not the only Apple alumni who may be in a position to shape the future of hardware in the AI driven world

Other members of the Apple mafia are working on their own version of AI hardware. Imran Chaudhri is a designer, inventor and innovator. He spent over 20 years at Apple imagining and creating some of the world’s most beloved consumer products, like the Macintosh, iPod, iPad, Apple Watch and iPhone. Imran is best known for his work on inventing the groundbreaking user interface and interactions on the iPhone, and is named as an inventor on thousands of patents. His work defines how the world interacts with technology, and is driven by his insistence on putting the human experience front and centre in the design process. His partner Bethany Bongiorno led the teams behind some of Apple’s most transformational products. As a Director of Software Engineering, she was responsible for all software project management for iOS and macOS and also played a key leadership role in the execution of critical projects such as the launch of the original iPad. Prior to her time at Apple, Bethany studied physics, worked in astrophysics research, and was a data management and software development consultant. Bethany is passionate about building and leading high performing teams to solve complex problems.

Together, Imran and Bethany envision a future that is even more intelligent and even more personal, and have committed an organisation they’ve created, known as Humane, to building not for the world as it exists today but as it could be tomorrow. They seek to reshape the role of technology in our lives. Their first product has been spotted on fashion runways worn by some of the leading figures in fashion.

They have created an Ai Pin which is a clothing-based wearable that uses a number of sensors while it harnesses the power of artificial intelligence to enable innovative ‘personal computing experiences. The connected and intelligent clothing-based wearable device uses a range of sensors that enable contextual and ambient compute interactions. A selection of these interactions were recently previewed for the first time publicly in Imran Chaudhri’s TED Talk, where he got a call and he just used his hand as an interface. He went on to describe the Ai Pin as something that will take screens away and allow us to be hands free. Imran described it as the product that will become your companion by listening, sensing and observing and responding whenever required. If he succeeds in taking the product further, we are likely to see a future of technology that will be without screens and invisible.

Watch the TED talk by Imran Chaudri