In disruptive times, the power comes from people

An interview with Eric Schmidt

As we enter a new golden age of technological innovation, nurturing talent will become more critical, according to the former chairman of Alphabet.

With his decades of experience in Silicon Valley, Eric Schmidt is regularly tapped for his views on the future of technology and how the latest disruptive innovations in areas such as artificial intelligence could shape the world. Yet he’s quick to point out that it’s the people behind the technology who make the difference, a sentiment he admits is oft repeated yet still somehow underestimated. Developing young talent into the inventors and leaders of tomorrow is a major focus of Schmidt’s philanthropic efforts—and Rise, a new joint initiative between Schmidt Futures and the Rhodes Trust, embodies that mission.

At the recent McKinsey BLINK Conference in the United Kingdom, Schmidt spoke about the dizzying speed of disruption, as well as how to nurture and position people to harness technological dynamism for the greater good of organizations and society. An edited version of his remarks follows.

Talent: Where incredible meets profound

We’re at the beginning of another golden age. When I think about the next big tech innovations, I like to distinguish between those that are incredible and those that are profound. Self-driving cars could be incredible. They can potentially save hundreds of thousands of lives. But new technologies that allow a paradigm shift in the way we solve problems would be profound. Many of today’s toughest problems exist because we are at the limit of what we can understand.

More: https://www.mckinsey.com/business-functions