Latest / The DEX Show: A Show for IT Change Makers / IT, AI & the skills-based enterprise w/ Ravin Jesuthasan
Transcript
- 0:01Welcome it, changemakers to the deck Show with Tim Flower and Tom McGraw.
- 0:07Let's get into it. Hello changemakers, it's your deck show. I'm Tom
- 0:11mcgraha. I'm joined as ever bitiing Flower and we are joined for the second
- 0:15time by one of our favorite guests. It's a return of raving Joseu Fuss
- 0:21and raving. Great to see you again, sir. How have you been?
- 0:25I often think you know, you're our connection to the to the Davos
- 0:29crowd of the great and good of the world. You have to you have
- 0:31to come and tell us what's going on. How's your year being so far?
- 0:34What are they talking about? Oh, that's great to be here with
- 0:36both of you. It's it's been going well. Um, we've my last
- 0:42book as we've as you've probably seen us, done relatively well. It seems
- 0:47to have prompted a lot of interest. M Davos was really I think it
- 0:53was nice to get back there in January from twenty twenty and then perhaps more
- 0:59recently, the World Economic Forum Growth Summit in Geneva was a really good gathering
- 1:06where they released their Future of Jobs report and it was intriguing to see particularly
- 1:11in this era of generative AI, you know, the impact of automation,
- 1:15the impact of economic uncertainty on jobs, as well as the impact of the
- 1:22of the energy transition on potentially work. So something exciting changes. I think
- 1:29big topics there, and congratulations on the book. Last time we spoke was
- 1:33actually October of twenty twenty one. Doesn't time fly, gentlemen, And we
- 1:40spoke all about the concept that stuck in my head ever since, which is
- 1:44which is called the democratization of work. So you know, whenever when we
- 1:49reached out to you to have you back on the show, we immediately wanted
- 1:51to hear what you wanted to discuss first and foremost, and you raised a
- 1:57concept called the skills based enterprise and the impact with new technology on this notion.
- 2:02So let's start with it because I hadn't heard of it before, as
- 2:06I hadn't the democratization of work once upon a time. What is the skills
- 2:09based enterprise? Right? Yeah, So it's probably the hottest topic around and
- 2:15it does tie into that point about the democratization of work because if you think
- 2:21about it, Tom and Tim, the two most important forces that are transforming
- 2:25work are certainly digitalization. You know, enabling technologies like the one we're on,
- 2:30but also you know the large language models which are democratizing access to aim.
- 2:38You know, PwC announced that they're training all of their employees to use
- 2:44chat GPT, and chat GPT is just that Tibothy Iceberg on the digitalization journey.
- 2:51Because you've also got you know, DAI two, You've got Codex,
- 2:54which is making English the most powerful coding language around, you know, set
- 3:00aside Python and Julia, etc. So digitalization certainly is one really important force.
- 3:06The other term, to your point, you made democratization of work,
- 3:09And just to remind your users, you know, when we use the phrase
- 3:13the democratization of work, it's what it's speaking to is our growing ability to
- 3:19increasingly decouple work from its traditional confines of space, time, and structure.
- 3:24And those two forces together are transforming work and giving rise to this notion of
- 3:30the skills based enterprise. And what the skills based enterprise is is its organizations
- 3:38who have shifted from the job as the singular currency for work to increasingly skills
- 3:46being the currency for work. And the reason they're doing that is to drive
- 3:51much greater agility and resilience and flexibility to respond to those two forces I talked
- 3:55about. They're moving beyond that one to one relationship between a degree, a
- 4:00person and a position to the many too many, you know, to the
- 4:04unique bundle of skills and capabilities that's Tom versus Tim, the many different career
- 4:10opportunities that could be opened up for you. You know, when we go
- 4:14beyond that one to one relationship between a person and a position and so,
- 4:20and what it involves is the matching of changing demand for work to the skills
- 4:27of the talent we have to the specific skill gaps that need to be closed
- 4:31so that we can make those connections ever more seamlessly. So that's really the
- 4:36essence of the skills based enterprise, if that makes sense, and you see
- 4:43it as effectively something was going to really exacerbate that democratization trend, I think
- 4:49so, I think it. I don't know if it exacerbates as much as
- 4:54enables organizations to more effectively respond to that in exorable force that is the democratization
- 5:01of work. We're just going to see that continue, and I think the
- 5:04skills based enterprise allows companies to respond to it proactively and perhaps even use it
- 5:11to for advantage. So you know, it doesn't matter what topic we have
- 5:17on the show, we always work our way back to AI. It always
- 5:21is us. Recently, it feels like it's almost becoming too much of a
- 5:26cliche. Stop talking about but let's talk about it in the bigger picture.
- 5:31So, um, what kind of impact do you think it has on the
- 5:38economy at large? And do you anticipate AI and what do you what do
- 5:44you anticipate AI having in terms of an impact over say the next five years
- 5:48on the larger scope of the economy. Yeah, you know, I think,
- 5:54you know, this is one of the few instances where the hype might
- 5:57actually match the reality. Yeah, you know where where I'm seeing in the
- 6:00work I'm doing with clients in some great research that Eric Brnolfson at Stanford is
- 6:06doing. And Eric's been really vocal and I think rightly so that the way
- 6:11we think about impact, largely in our rather outdated ways of counting and measuring
- 6:16productivity, don't really capture how the how AI has been democratized. You know,
- 6:23if you look at even going back to you know, Facebook and Twitter
- 6:29and to social media, and you know the impact of social media and productivity
- 6:32is completely ignored and discounted. And I think Eric estimates that just the technologies
- 6:39that are freely available to all of us have probably added about a percentage point
- 6:44to GDP that goes unaccountable UM. And I think we've got similar situation tim
- 6:50with with what we're seeing with with generative AI UM and particularly as we see
- 6:57how UM you know, there's some interesting experiment it's emerging where you know,
- 7:00you've got a control group that doesn't have generative AI and and and you know,
- 7:04and a pilot where they've used generative AI and we're seeing in some instances
- 7:10forty to fifty percent improvements in productivity because what we're doing is democratizing knowledge and
- 7:15creativity. Right. And the interesting thing is this is just you know,
- 7:20GPT right and text generation. But if you think of the broader implications of
- 7:27these large language models, you know, think of Dali two on image generation,
- 7:30Codex on coding, you know, Megami barked on drug discovery. UM.
- 7:36You know, the impact is just multiplying exponentially. I think that's what's
- 7:43really interesting about this next generation of AI UM. You know, it's it
- 7:47does need its guardrails, as as many have talked about, but I think
- 7:51it has just tremendous potential. So I m I would maybe challenge a little
- 7:59bit on whether increasing knowledge. So let's let's talk a little bit about it.
- 8:01Because over the years, you know, when Google came out, I
- 8:07heard a lot of people say, I don't need to remember things anymore.
- 8:11I don't need to memorize things. I can just go do a search,
- 8:13and that then transitioned into you know what, I don't even need to know
- 8:18things anymore. I can go ask And I think that the chat GPTs have
- 8:24a you know, I don't need the knowledge. Chat gpt has the knowledge.
- 8:28I just need to know what kind of questions to ask and I will
- 8:33be informed on what the answers are. So I'm curious where you see the
- 8:37correlation or the relationship between knowledge and skill and the implications to the enterprise.
- 8:48More specifically, you know, this this attainment of knowledge and skill as a
- 8:54necessary component to get a job and employment. What's the what do you see
- 8:58the correl between knowledge and skill in the implications that AI brings to it.
- 9:03Yeah, that's such a fabulous question, because you know, I think what
- 9:09we've done is we've democratized knowledge, right, But what we haven't done is
- 9:13democratize logic and critical thinking. And I think that's absolutely essential. And Tim,
- 9:20and I think, you know, I'm really glad you brought this question
- 9:22up because one of the issues, as we know, with these large language
- 9:26models is, unlike other types of machine learning, there is no logic embedded
- 9:31into these large language models. Right. We're essentially sort of looking at basically
- 9:35next best guess, right, next best you know, word, image,
- 9:39graphic, where other you know, likely connections based on this massive volume of
- 9:46data. And I do think, you know, I forget, forgive me,
- 9:50I'm drawing a blank on the name of the poet, but there's a
- 9:56quote that sticks in the back of my head. Is very famous English poet.
- 10:00He talked about, you know, in the quest for for knowledge,
- 10:05what wisdom have we lost? And the quest for um information? What knowledge
- 10:11have we lost? And the quest for data? You know, what real
- 10:13information have we lost? It'll come to me, I'm sure, probably after
- 10:16the show, but but we'll put it in the show next. Excellent Elliott,
- 10:22Elliott, thank you, thank you. Oh yes, yes it was
- 10:24to yours Elliott. And ironically enough I googled it, you know, did
- 10:30you remember that? But actually, you know, in general, I have
- 10:35to say, you know, talking about the question of hype and aim,
- 10:41I've never in my life been um sort of slightly nauseated and impressed by first
- 10:48using a technology as I was first using chat GPT and first experimenting with it,
- 10:54and I kept giving it more and more complex instructions. And it's that
- 10:58moment when if it took five minutes, I feel like the impact would be
- 11:03different if it took you know, like it would just feel like it's gone
- 11:05in there, it's figuring it out. But it's the immediacy, isn't it.
- 11:09And it's the immediacy of talking to somebody you know that you know.
- 11:13Obviously, individuals don't have that wealth of information to access on a dime like
- 11:18that, but they are able to filter information in an immediate way and respond
- 11:22to you. And we think of that as consciousness, and we're not at
- 11:26all used to encountering that same immediacy in an external, seemingly non conscious entity.
- 11:31I find it quite quite remarkable, and instantly it's changed the way I
- 11:35work and other people I work with as well. So the sense that it's
- 11:39going to have a big impact is is undeniable. So I want to I
- 11:43want to pick up again actually on all of these trends raving in fact,
- 11:48starting with a democratization of work, and what they seem to add up to
- 11:56for the worker, for the employee, as we say, is a portrait
- 12:01of a of a future or imminent professional space, which is which is very
- 12:05very impersonal arguably, you know, the sentiment that has traditionally kind of bound
- 12:11us to teams and colleagues, to organizations which more recently we kind of formalize
- 12:16as culture of his culture. I mean, that would seem to be if
- 12:22we look at how these trends are developing and where they're going, a fast
- 12:26growing atavism, you know, something that's just completely outmoded in the modern working
- 12:31world. Does that? You know? First of all, I suppose the
- 12:35question is to what extent is that a viable trend for us as emotional sentimental
- 12:41beings? And and second, oh no, I guess first of all,
- 12:45if the question is is that accurate? Second of all, is that a
- 12:48good thing? Is that a viable thing? And third of all, is
- 12:52there is there anything that can rub against it? You know? Yeah,
- 12:56yeah, that's it's it's a really good, really good question. You know,
- 13:01I do think as we introduce these technologies, they are fundamentally altering culture,
- 13:09right because if you think of our traditional cultural artifacts, and I'll even
- 13:13go back to you know, forget that technology. But you know, to
- 13:20quote another sort of futurists, Alvin Toffler, you know, in nineteen seventy
- 13:26said we would all be living in electronic cottages. And in the United States
- 13:31from nineteen seventy to twenty twenty, we got to a whopping fifty percent sorry,
- 13:35we got to whopping six percent of a whole work being done full time
- 13:39remote and overnight, we got to fifty six percent right in May of twenty
- 13:43twenty. But to me, the thing that you know, this starts with
- 13:46again going back to the democratization of work and the decoupling, if you will,
- 13:50from the artifacts that have traditionally shaped culture and work. Culture in the
- 13:56office was probably the most defined, most visible feature of that culture, right
- 14:01because we all came to the office between nine to five. We hang out
- 14:07of the water cooler and Tim and I would talk about our kids or you
- 14:09know, football games, etc. So that that culture started and ended from
- 14:16between nine to five, and it existed within the walls of the enterprise,
- 14:20and then we just you know, open it up right, so it now
- 14:24permeates to work, permeates every facet of life. I do think we are
- 14:28going to start to see we are starting to see a reordering and a new
- 14:33set of artifacts come about and redefining what that culture looks like. You know
- 14:39that I mentioned PwC is training all of their employees on chat GPT. Soon
- 14:46Chat GPT in that organization will become a critical part of their culture because it'll
- 14:52be part of the shared set of experiences of everyone who is a part of
- 14:56that enterprise. But I do think we need to be incredibly intentional because you
- 15:03know, we as a species sort of cling on to those experiences right to
- 15:09define what binds us together, you know the part you know, when it
- 15:13was the office, we were forced together back the space. Now what are
- 15:16the new artifacts, right, those shared experiences, those those common connections to
- 15:22mission and purpose, Which is another reason why you see more and more companies
- 15:26indexing to mission and purpose because they know that that's what connects you know,
- 15:31these disparate interests who may not bump into each other very often, if at
- 15:35all. You know, two a common mission and purpose, two a single
- 15:39culture. And what about if I can just insert a question here. I
- 15:48assume you're optimistic, raving about how our economy is globally and nationally adapt to
- 15:54this new technology and the opportunities that are at present very unforeseeable that arise from
- 16:00it. Um Is that is that accurate? And can you be any more
- 16:04concrete about your your your cause for medium time optimism because in general, I
- 16:10think the discourse around ai IS is a pessimistic one, yes, and the
- 16:15sense of an old world making way for a new one makes people feel very
- 16:19anxious and unsteady, reasonably enough, And I was wondering what your taken about
- 16:23overall? Yeah, you know, I I would say, my I'm cautiously
- 16:29optimistic. Um even your course now now now I'm worried. I see the
- 16:36opportunity, you know, I see the prize ahead of us, tom um,
- 16:41But I worry about, you know, our propensity to sacrifice long term
- 16:48sustainability for short term profit and gain. And you know I've seen just in
- 16:53the work I deal with the organizations some some not so intelligent decisions around you
- 16:59know, just on a micro level, right, this is incredibly micro.
- 17:03You know, smaller firms rushing to sort of replace their interns replace seventy to
- 17:08eighty percent of the work of their junior level talent with GPT, you know,
- 17:12with GPT, right, particularly advertising the legal side of things. And
- 17:17yes, you know, yeah, it's going to save you a little bit
- 17:18of money in the near term. You can never replace an an entire job,
- 17:23as we know with a particularly with a single technology. But the longer
- 17:27term consequence is you know, who's going to be your manager or supervisor next
- 17:33next year, who's going to be the leader of the firm the year after?
- 17:37Because it goes back to something Tim said right the question, which again
- 17:41I loved, it's it's not just knowledge and information. What you're building in
- 17:45most of our businesses with these apprenticeship models is logic and discernment and critical thinking.
- 17:52And that to me is just where, you know, one small example
- 17:56of where you know, we sacrifice the long term for the for the near
- 17:59term of yeah, and I suppose there's another dynamic a friend of mine pointed
- 18:03out to me, which is, you know, capitalism depends on having people
- 18:08to sell its products, right Like if you if you if capitalism would really
- 18:15kind of commit a kind of economic suicide if it, if it, if
- 18:18it kind of excavated its own workforce for technology because who then is the market?
- 18:26But maybe this points I mean, I'm interested in your reflections upon that
- 18:30potential trend medium term or havn't and whether that actually just points towards universal basic
- 18:38kingcarment and systems like that, or we actually see or you actually anticipate a
- 18:45kind of capitalism to have some enduring creative vitality and with it the creation of
- 18:51new opportunities and economies. So my personal sense is, you know, and
- 18:55I actually wrote a paper on this and laid out the two sort of ends
- 18:59of the continue that you've just alluded to. One where we sort of are
- 19:03in a post consumer society where we need some form of universal basic and come
- 19:07to sustain that, you know, that notion of consumerism. Or do we
- 19:12actually end up in an era where there is sufficient opportunity created for us to
- 19:18keep upskilling and reskilling, to keep moving humanity up that knowledge you know in
- 19:25knowledge curve, if you will as we substitute, you know, more and
- 19:29more of the things we've traditionally done. And I'm I'm optimistic on that front,
- 19:34Tom and Tim that we will in fact, there is in fact emerging
- 19:37opportunity. What I'm perhaps uncertain about is our two things. One is will
- 19:45we afford ourselves the time to upskill and reskill? And it's that pace of
- 19:52change that I worry about because we all know that that pace has increased exponentially
- 19:56over the course of the last one hundred years, and you know, are
- 20:00we approaching the point where we just can't adjust fast enough? I'm not sure,
- 20:06you know a question, And that that's one worry. The other is
- 20:08I don't think we will completely sort of you know, do away with automation
- 20:14doing everything in every single industry. But I do think that certain industries are
- 20:18going to go through significant change and enabling to my first point about time,
- 20:25enabling those transitions for people from the industries that are heavily affected into the emerging
- 20:32industries, which may be quite different, I think is going to be really
- 20:36important. Yeah, I really like the I like that concept of advancing the
- 20:44human race to upskill everybody, right, and we as a as a as
- 20:49a human race are now advancing ourselves and this gives us the abilities. So
- 20:53I think there's going to be a hybrid of some of the notions you've talked
- 20:56about. One is that upskilling of humanity and society, but also making sure
- 21:03that those that don't have access to either the technology or the corporations, um,
- 21:10don't get left behind because there's already there's already a gap of people being
- 21:14left behind, right. So I think we've got to have a we've got
- 21:17to have a bit of a bit of both worlds in that regardless. Um,
- 21:22So, Robin kind of the wrap up question. We started our conversation
- 21:26or we you know, early on we talked about the economic impacts, and
- 21:32we talked about the implications to employers and and business in general down to the
- 21:37individuals. Being a technologist myself, what should technologists be focusing on today to
- 21:47stay ahead of these trends and the tendencies pushed forward by AI? Where where
- 21:52should folks be focusing on if you're technology minded, other than just learning how
- 21:56to use chatgeepint. Yeah, you know, really really good good question there.
- 22:02Um. You know, I think Timids, there's two things I would
- 22:04say. One is all of us technologists or otherwise need to have this mindset
- 22:11of just perpetual reinvention um. And I think that's what's going to stand us
- 22:15in good stead. As you know, the next generation of AI emerges as
- 22:22as other technologies emerge. Right, So how do we keep reinventing ourselves?
- 22:26Do we? You know, are we curious enough? We are? We
- 22:30do we give ourselves the space to learn and develop, you know, in
- 22:34the flow of work, I say to all of my clients, we've got
- 22:38to get out of these inane conversations about work life balance because we've lost that
- 22:41war. We instead actually need to be much more intentional about designing in space
- 22:48for each of us individually and collectively, so that we have the space for
- 22:52both learning as well as well being in the flow of work. Um and
- 22:57so, so I think that notion of space for reinventions important. I think
- 23:02more tactically, tim, You know, we've talked for a long time about
- 23:07leaders who are T shaped, right or pie shaped, people who are deep
- 23:11in one area and then maybe see connections broadly. I think that's still important.
- 23:15But I was introduced to a concept by a colleague of mine around this
- 23:19notion of the V shaped learner, And that's the learner who may start off
- 23:25in a narrow domain, but she's able to sort of build out at the
- 23:29margins into adjacent domains. And I think that's going to be equally important.
- 23:34I don't think it's one or the other, but I think the talent who
- 23:37can sort of build deep technical capability in adjacent areas is going to be increasingly
- 23:44critical as well. Good stuff. Yeah, absolutely, And I'm going to
- 23:51put in a final, final curveball for your rabbit. It's not a curveball
- 23:53at all. You're going to be all over this one. But you mentioned
- 23:56at the top of the discussion being aware talking about sustainability and and I'm fascinated
- 24:03to hear how that enters this confluence of new technologies and trends, and how
- 24:08you see that as a as a as a as a as a catalyst for
- 24:14further change, and what that change looks like when you add this environmental factor
- 24:18to be overall Pickle. Yeah, that is a good, good question,
- 24:22Tom. I think you know, when I when I think of sustainability and
- 24:26the age and the technological implications, I think two thoughts sort of come about.
- 24:33You know something Tim said a second ago, and I sort of trace
- 24:36this back over the last four industrial revolutions. The Second Industrial Revolution, we
- 24:41actually reduced an equality dramatically, right, because there was lots of an equality.
- 24:47You had highly skilled artisans and then everyone else who was you know,
- 24:52tending to pigs and things like that. And as we introduced automation, we
- 24:56brought more people into the game. You know, you could go work at
- 25:00a factory and earn a lot more than you might on the farm, etc.
- 25:04And then in subsequent iterations, we actually drove more inequality because we increase
- 25:11the premiums on people who were intelligent, people who had access to technology.
- 25:15And I think what we're seeing with this next generation of generative AI, again,
- 25:19this is where I'm really optimistic, is the potential for that democratization of
- 25:23access to bring more people into the game. You know, you don't need
- 25:27to have spent thirty years in graphic design to be able to create something that
- 25:33someone who's maybe got five years of that logic in that critical thinking might be
- 25:37able to create with Dali two. So I think that's to me one dimension
- 25:41of where that sustainability perhaps gets reinjected into society Tom, because I think the
- 25:48path we were on was not a sustainable one. You know, we were
- 25:53that growing inequality you know, as we all know, was not sustainable and
- 25:57was going to lead to It's the stuff that makes for revolutions right, as
- 26:03we've seen many times over history. But this is where not to put everything
- 26:07on chat GPT and suggest that it's going to be the salvation of the species.
- 26:11But I do think in some in some instances, it can help us.
- 26:15I think that's one piece. I think the other is going to be
- 26:21how we handle the transition to net zero. And I am truly optimistic that
- 26:26some of these technologies are going to be helpful in creating that next generation of
- 26:33technology solutions, that next generation of skills that are going to require power technologies
- 26:40like carbon capture, sequestration, etc. Which I think are going to be
- 26:44increasingly important to undo the damage that we've already done. So you know,
- 26:48a couple of perspectives, different angles on sustainability. If helpful, very helpful,
- 26:55And it's a fantastic chat raving and wonderful to have you back on the
- 26:59show. Before you go, please tell the listeners about your brilliant new book
- 27:03and where they can find it and where they can find you. Yeah.
- 27:06Absolutely so. The last book that came out was called Work Without Jobs.
- 27:10It's my fourth. You can get there is a website www dot work without
- 27:17Jobs dot com, and my website is Robin Jason Thason dot com and I
- 27:21would love to have everyone follow me on Twitter and LinkedIn. Absolutely fantastic rabbing.
- 27:26Thanks so much for coming back on the Deck Show. Hope to see
- 27:27you again. Thanks Tom, Thanks Tim, Thanks Ravan. To make sure
- 27:33that you never miss an episode, subscribe to the show in Apple podcasts,
- 27:37Spotify your favorite podcast player, and if you're listening on Apple podcasts, make
- 27:41sure to leave a rating at the show. Just have the number of stars
- 27:45you think the podcast deserves. If you'd like to learn more about how next
- 27:48think can help me improve your digital employee experience, head over to nextthink dot
- 27:52com. Thank you so much for listening. Until next time,