The Exponential Age

Book excerpt: A bold exploration and call-to-arms over the widening gap between AI, automation, and big data—and our ability to deal with its effects. 2021 Financial Times Best Book of the Year We are living in the first exponential age. High-tech innovations are created at dazzling speeds; technological forces we barely understand remake our homes and workplaces; centuries-old tenets of politics and economics are upturned by new technologies. It all points to a world that is getting faster at a dizzying pace. Azeem Azhar, renowned technology analyst and host of the Exponential View podcast, offers a revelatory new model for understanding how technology is evolving so fast, and why it fundamentally alters the world. He roots his analysis in the idea of an “exponential gap” in which technological developments rapidly outpace our society’s ability to catch up. Azhar shows that this divide explains many problems of our time—from political polarization to ballooning inequality to unchecked corporate power. With stunning clarity of vision, he delves into how the exponential gap is a near-inevitable consequence of the rise of AI, automation, and other exponential technologies, like renewable energy, 3D printing, and synthetic biology, which loom over the horizon. And he offers a set of policy solutions that can prevent the growing exponential gap from fragmenting, weakening, or even destroying our societies. The result is a wholly new way to think about technology, one that will transform our understanding of the economy, politics, and the future. “Azeem is a master at interpreting a dazzling array of trends and illuminating the future. Exponential is a must read to understand the problems, promise, and paths forward on the exponential journey ahead for us as individuals, businesses, and society.” —Paul Daugherty, Group Chief Executive Officer, Technology, Accenture “With his experience as a startup entrepreneur, tech investor, innovation executive at big companies and journalist, Mr. Azhar is well-placed to decrypt these digital trends. He has a knack for interrogating and inverting conventional thinking.” —The Economist