1030 INNOVATION? THE STRUGGLE IS REAL

thinkfuture: technology, philosophy and the future

Connect with Mike: https://www.linkedin.com/in/todasco/ Be A Better YOU with AI: Join The Community: https://10xyou.us Get AIDAILY every weekday. Subscribe at https://aidaily.us Read more here: https://thinkfuture.com --- In this episode of "ThinkFuture," host Chris Kalaboukis chats with Mike Todasco, an innovation expert with a diverse background ranging from accounting at GE to leading innovation at PayPal. Mike shares his journey of shifting from traditional roles to exploring new technologies and the challenges of fostering innovation within large companies. Mike discusses how traditional corporate environments often struggle with separating outcomes from the actual work done. He and Chris explore how companies tend to scapegoat teams when projects fail, rather than acknowledging factors like timing and luck. They delve into examples of ideas that were ahead of their time, such as PayPal's "Beacon" hands-free payment system. Mike also reveals how he cultivated a culture of innovation at PayPal by creating an "innovation lab" with a unique environment to encourage employees to "think differently." He stresses the importance of allowing teams the freedom to explore without immediate constraints, fostering a space of creativity. Additionally, the conversation touches on AI and machine learning. Mike shares his fascination with AI, sparked in 2021 with the advent of GPT-3, and discusses AI's potential to revolutionize industries like healthcare. The discussion wraps up with thoughts on achieving "superintelligence" within the next decade, questioning how we keep moving the goalposts on what "superintelligence" truly means​(