The Future Of

In this episode of The Future Of, Dr. Michael Housman, CEO and Founder of AI-ccelerator, and Fernando Luege, Chief Technology Officer at Grupo Financiero Base, join host Jeff Dance to discuss the future of AI in FinTech. They explore the FinTech evolution in the new AI-driven era, how generative AI unlocks new horizons in FinTech innovation, and how FinTech's development enhances human potential.They Cover:05:43 - 11:40 - The FinTech Evolution11:41 - 17:10 - The Unstoppable Rise of Generative AI in FinTech17:10 - 21:23 - How AI is Redefining the Financial Landscape21:23 - 27:28 - The Future of Finance27:28 - 34:10 - How Fintech's Evolution Unlocks Human Potential34:10 - 36:57 - Innovations and Challenges in KYC, Payment Gateways, and Regulatory Evolution36:57 - 40:39 - Balancing Innovation and Ethics in FintechIf you're interested in the future of port policy and finance, tune into this episode of "The Future Of", a Podcast by Fresh Consulting.Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Dr. Michael Housman: https://www.linkedin.com/in/michaelhousman Fernando Luege: https://www.linkedin.com/in/luege AI-ccelerator: https://www.linkedin.com/company/ai-ccelerator Grupo Financiero Base: https://www.bancobase.com/en Previous guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI

In this episode of The Future Of, Cary Davis, President and CEO of the American Association of Port Authorities (AAPA), joins host Jeff Dance to discuss the future of port infrastructure, policy, and finance. They discuss the challenges of investing in future-proof infrastructure, the importance of decarbonizing port operations, and the role of technology in shaping the future of ports.They Cover:06:10 - 12:29 - Representing over 120 ports across the Western Hemisphere, including 80 in the U.S., the American Association of Port Authorities (AAPA) is a key player in advocating for ports at various levels of the federal government. The organization has achieved several legislative victories recently, notably the Infrastructure Law and the Inflation Reduction Act, which have resulted in significant investment in port infrastructure. Also, the POWERS Program is designed to promote the use of renewable energy sources, such as offshore wind and solar power, in ports.12:29 - 17:26 - The infrastructure of ports in the U.S. requires significant maintenance and modernization, which is being driven by funding from initiatives such as the Bipartisan Infrastructure Law and the Inflation Reduction Act. The focus is on rehabilitating aging traditional infrastructure, considering some ports are over a century old. It is also essential to adapt ports to accommodate larger, modern vessels for both cargo and tourism. Additionally, there has been an increase in green energy projects at the post, with an impressive $50 billion dedicated to various initiatives, including hydrogen, nuclear, and offshore wind energy. Moreover, a $3 billion grant program from the EPA for cleaner infrastructure and operations is set to roll out in early 2024.22:41 - 27:51 - The Customs and Border Protection (CBP) Space Act aims to secure ports at the expense of customs and reallocate merchandise fees to ensure that CBP has sufficient resources for infrastructure and advanced IT systems, including AI, to identify high-risk cargoes. Also, with the rising cyber risks, ports are undergoing significant digital upgrades and IoT integration to enhance their security.27:51 - 33:04 - The future of port management depends on finding the right balance between embracing innovation and ensuring security. To reach that balance, ports focus on implementing sustainable fuel options, adopting new IT solutions, and using “cobots” or collaborative robots to improve safety and efficiency.33:04 - 37:19 - Digital platforms are crucial in transforming the logistics and supply chain industry. To enable efficient sharing of cargo data across different players in the supply chain, ports need to adopt interoperable systems similar to Uber Freight. Currently, there is a lack of unified standards and communication among ports. Therefore, the ultimate aim is to establish a reliable and interconnected digital infrastructure, potentially on a global scale, within the next twenty years.If you're interested in The Future Of Port Policy & Finance, tune into this episode of "The Future Of", a Podcast by Fresh Consulting.Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Cary Davis: https://www.linkedin.com/in/cary-davis1 American Association of Port Authorities: https://www.aapa-ports.org AAPA POWERS Program: https://aapapowers.com Previous guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI

In this episode of The Future Of, host Jeff Dance explores the future of ports with three industry leaders: Paul Matthews, CEO of the Port of South Louisiana; Kristin Decas, Port Director and CEO of the Port of Hueneme; and Shaun Kjar, Director of the Inland Port in Utah. Together, they discuss the challenges and opportunities in the port industry, including sustainability, innovation, and coordination. They Cover:[00:02 - 16:05] - Port Innovation and Efficiency - Implementing solar panels and transitioning towards energy-efficient facilities is an initiative that can attract customers and reduce costs. The conversation highlighted deepening the river channel, expanding rail access, and improving road infrastructure to enhance port efficiency. Cybersecurity measures are also essential to safeguard assets and information, particularly in an industry representing 25% of the US economy.[12:16 - 14:05] - Coordination and Collaboration - Stress was placed on the significance of relationships and coordination among terminal operators, trucking companies, railroads, shippers, and other stakeholders to ensure efficient port operations. The Port Authority acts as a facilitator, fostering economic development and bringing various stakeholders together for mutual benefits and efficient operations. [14:15 - 19:03] - Innovation and Sustainability - Engage with local government authorities help to create infrastructure beneficial for both the port and the local community. Sustainable growth can not happen without community involvement in decision-making processes.[23:53 - 25:35] - Partnerships and Global Interconnectedness - International partnerships and collaboration between ports are necessary, explicitly referencing the memorandum of understanding with the Ukraine Seaports Authority. This highlights the interconnectedness of ports globally and how collaborations can benefit all parties involved. Ports can come together and share knowledge and strategies to overcome navigational challenges and improve efficiency in port operations.[25:54 - 27:32] - Workforce Evolution and Challenges - There is a generational shift in the workforce, a "silver tsunami", where experienced individuals retire. To retain the knowledge of the experienced work class while integrating younger generations, the evolving demands and focuses of different ages in the workforce must be considered.[56:43 - 01:00:59] - Decarbonization and Green Initiatives - The Port of Oxnard is ambitious to become the nation's first decarbonized port. Plans were outlined to achieve a zero-emission footprint by integrating technologies like shore-side power systems and green hydrogen fuel cells. Growth initiatives need to align with environmental sustainability to secure substantial funding and grants.[01:10:49 - 01:11:30] - Impact on Communities and Education - Kristen and Sean emphasized the rewarding aspects of their work beyond technological advancements. Ports can do more by creating programs to uplift youth, providing educational opportunities, and creating career paths within the port industry. Sean highlighted their involvement with high school students through programs like robotics competitions and global trade and logistics classes, aiming to inspire and prepare the next generation for careers in this field. They also highlighted the positive impact of their work on local communities by creating jobs and contributing to economic development.If you're interested in the future of port innovation, tune into this episode of "The Future Of", a Podcast by Fresh Consulting.Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Paul Matthews: https://www.linkedin.com/in/paul-matthews-a792129Port of South Louisiana: https://www.portsl.comKristin DecasPort of Hueneme: http://www.portofh.orgShaun KjarInland Port in UtahPrevious guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI

The podcast discusses the role of the Federal Reserve, the impact of cryptocurrency, and the importance of FinTech in making the financial system more efficient. They also explore the definition and characteristics of money, the regulation of money, and the potential role of AI in shaping the future of money.

In this episode of The Future Of, Daniel Rosenstein, Group Product Manager of Advanced Autonomy and Applied Robotics at Microsoft, joins host Jeff Dance to discuss the future of generative AI in robotics. They share the importance of generative AI in robotics, particularly the integration of visual libraries and video analysis, how generative AI enhances human-robot collaboration, and the role robotics will play in our everyday lives in the near future.They Cover:[15:00] - Generative AI serves as a universal translator for robotics. It's more than just predicting text; it's about the possibility to understand complex semantics of computer codes, data formats, and languages. This allows generative AI to bridge communication gaps, like translating between various codes and facilitating machine-to-human interactions.[17:51] - When combined with visual libraries, generative AI improves robotics by simulating human-like perception. This enables robots to accurately sense and interpret their surroundings. Furthermore, Large Language Models (LLMs) can merge diverse data, widening their context awareness and capabilities, such as generating images of iconic landmarks based on country criteria.[25:42] - Enhanced by generative AI, robots can now understand and act on advanced commands, allowing better support for the aging baby boomer population, such as interpreting requests like "find my pills." This technology also improves consumer experiences, allowing voice assistants in robots to handle complex tasks. Moreover, in organizations like oil rigs and power plants, robots benefit from this AI by running more efficient inspections, interpreting diverse sensory data, and adapting to dynamic environments.[29:32] - Major companies like Google, Meta, and Amazon are prioritizing the fusion of visual perception with robotic logic. For example, Microsoft's Azure OpenAI offers a distinctive model of OpenAI functionalities, which focuses on data privacy, ensuring users retain ownership of their data. Microsoft is also developing product interconnectivity across its major products.[46:36] - Generative AI will revolutionize robotics by allowing them to adapt to unexpected circumstances, such as wildland fires. While robots excel in repetitive or dangerous tasks, they often lack the nuance of human touch. Generative AI is bridging this divide, paving the way for a more collaborative effort between humans and robots, where each complements the other's strengths and abilities.If you're interested in the future of drone delivery, tune into this episode of "The Future Of", a Podcast by Fresh Consulting.Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Daniel Rosenstein: https://www.linkedin.com/in/daniel-rosenstein-8a87803 Microsoft: https://www.linkedin.com/company/microsoft Ashish Kapoor: https://www.linkedin.com/in/ashish-kapoor-a2971b6/Scaled Foundations: https://scaledfoundations.ai/ Jason Kelly: https://www.linkedin.com/in/jasonlkelly/Freemont Robotics: https://www.fremont.ai/Previous guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI

In this episode of The Future Of, Keenan Wyrobek, Co-Founder, CTO, and Product Architect of Zipline, joins host Jeff Dance to discuss the future of drone delivery. They unveil the current state of the industry, the most recent developments in drone delivery, how Zipline became the market's leader, and some of the biggest opportunities drone delivery can save and improve lives.They Cover:[02:35] - Zipline stands as today’s largest autonomous delivery system, operating in seven countries. Initially focusing on the timely delivery of blood, the company has significantly expanded its services and now delivers consumer and food goods. Zipline bypasses traditional road traffic, ensuring faster and more efficient deliveries. This innovation has led to a remarkable 97% reduction in environmental impact compared to standard delivery methods.[09:43] - Zipline's uniqueness lies in two key areas: advanced technology and a customer-centric approach. Zipline stands out with its robust technology stack, like its proprietary AI-based "Nowcasting System," a specialized weather forecasting tool for drones. Beyond technology, Zipline’s true distinction lies in its commitment to customers. The team's approach guarantees every technological decision made aligns seamlessly with customer needs, ensuring its platforms are not only innovative but also aligned with client requirements.[12:17] - Zipline offers two distinct drone delivery products. The long-range platform, operating for years from the metro outskirts, serves remote cities and towns. It uses a fixed-wing drone resembling a large RC plane, delivering parcels with a mini parachute, ideal for broad, open areas. However, to meet customer requests for metro area deliveries, Zipline has developed Platform 2. This system silently delivers packages in tight spaces by lowering a small "droid" from a hovering drone. Despite challenging conditions, the droid precisely places the package and retracts quickly and quietly, effectively catering to most addresses, even in densely populated areas.[15:36] - In the present drone delivery landscape, the norm is individuals using 3,000-pound vehicles for small deliveries. This method is not only economically inefficient and unreliable but also environmentally destructive. Zipline's aim is to ensure timely, predictable deliveries with a substantially lower environmental impact. While other startups are also venturing into drone delivery, the company's focus and commitment set it apart as it's diligently working with a growing customer base, prioritizing their needs and striving to provide an unmatched, efficient, and rapid delivery experience.[23:07] - Envision a future 10-20 years from now, where your local pharmacy or favorite restaurant is equipped with a “magic” portal. Much like Zipline’s system, drones smoothly slide in and out of these portals, quickly delivering orders to your back porch. On the professional side, imagine the immense boost in efficiency for various occupations. Jobs that depend on physical materials – doctors, mechanics, and construction workers, for instance – no longer need to deal with the delay of getting necessary items. The frequent, time-consuming trips to the hardware store become a thing of the past as drones deliver the needed products instantly to your location.[25:43] - Drone delivery holds immense potential for enhancing global healthcare. It presents a solution to the global crisis of improving healthcare quality while cutting costs. Despite advancements in medicine, the escalating costs are unsustainable for many countries, including the United States, which allocates a significant portion of its GDP to healthcare. On-demand drone delivery offers a consistent and efficient method to deliver essential medications and supplies directly to patients' homes, ensuring uninterrupted treatment. In the U.S., health systems are already harnessing drone technology to fortify home healthcare programs. Practitioners receive timely supplies during home visits via drones, improving their ability to provide immediate care.If you're interested in the future of drone delivery, tune into this episode of "The Future Of", a Podcast by Fresh Consulting.Full transcript: https://www.freshconsulting.com/insights/podcasts/the-future-of-drone-delivery/ Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Keenan Wyrobek: https://www.linkedin.com/in/keenanwyrobek Zipline: https://www.flyzipline.comPrevious guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI

Guests Gabby Everett and Claire Aldridge discuss the future of biotech, including the genomics revolution, personalized medicine, and the impact of COVID-19 on drug development. They highlight the role of AI and machine learning in analyzing omics data and tailoring treatments based on genetics. The podcast also explores the growth of the biotech industry in North Texas and the potential for advancements in precision medicine.

In this episode of The Future Of, Sean McDowell, Senior Vice President of Design and Innovation at MillerKnoll; Jim Kalbach, Chief Evangelist at Mural; and Rich Knepprath, Creative Director at Fresh Consulting, join host Jeff Dance to discuss the future of collaboration. They dive into best practices for effective hybrid workplace collaboration, tools for innovating collaboration today, as well as the evolution of work.They Cover:[10:00] - Effective collaboration in the digital hybrid workplace relies on tools like Mural that support clear communication. While we can convey intent through facial expressions in-person, ensuring such presence remotely is a challenge. The pandemic highlighted that work isn't tied to a fixed location anymore; we’ve moved from "going to work" at an office to collaborating across diverse places and times. This transition encourages us to rethink how, when, and where we collaborate.[16:45] - Physical spaces undeniably impact collaboration. As we transition from traditional work environments to digital ones, the effectiveness of our workspaces varies. A notable shift is the move away from classic workplaces to more collaborative spaces, which has increased the demand for conference rooms and innovative solutions. With the growing sentiment of returning to offices, it's essential to remember that the fusion of digital and physical methods is our future.[23:48] - When we foster a shared vision and trust within a team, collaboration thrives. However, the essence of collaboration has evolved from traditional office norms. Today, balance is key. Embracing asynchronous collaboration allows individuals to work at their unique pace and timing, boosting both efficiency and creativity.[43:16] - Bridging the gap between the physical and digital realms doesn't mean waiting for the next big tool. Instead of waiting for perfection, we should use what's available now. By understanding your core needs, you can innovate with current tools, many of which are often overlooked. From AI to spatial audio and VR, there's so much you can do today without waiting for tomorrow.[48:05] - As work evolves, terms like hybrid, tools, and async will be termed work. This new standard erases old boundaries, highlighting common sense and collaboration. But trust remains essential. With innovative minds at the forefront, we're optimizing current tools while transitioning from flat screens to holographic technology, virtual reality, and augmented reality, signaling an intertwined digital and physical future.If you're interested in the future collaborative robots, tune into this episode of "The Future Of", a Podcast by Fresh Consulting.Full transcript: https://www.freshconsulting.com/insights/podcasts/the-future-of-collaboration/Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Sean McDowell: https://www.linkedin.com/in/sean-mcdowell/ MillerKnoll: https://www.millerknoll.com/ Jim Kalbach: https://www.linkedin.com/in/kalbach/ Mural: https://mural.co/ Rich Knepprath: https://www.linkedin.com/in/richknepprath/ Fresh Consulting: https://www.freshconsulting.com/ About the Show"The Future Of" is a podcast by Fresh Consulting, hosted by Jeff Dance, where we discuss and learn about the future of different industries, markets, and technology verticals. Together we'll chat with leaders and experts in the field and discuss how we can shape the future human experience.Previous guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI

In this episode of The Future Of, Caleb Osborne, Director of Product Development at Asensus Surgical, joins Jeff Dance to discuss the future of robotic surgery. They unveil the types of robots involved in surgeries today, the newest developments in surgical robotics, and the surgeries robots are already doing.They Cover:[05:20] - As a smaller and more focused group, Asensus has seized the opportunity to concentrate on key areas. Their instruments boast high reusability, resulting in low per-procedure costs and setting industry standards. In contrast to typical 7.5 to 8-millimeter robotic instruments, LUNA's five-millimeter instruments are best-in-class, crucial for converting traditional laparoscopic procedures to minimally invasive ones. Notably, Asensus leads the way with the Intelligent Surgical Unit (ISU), offering real-time interoperative video and data access, replacing outdated methods like sterile measuring tapes, and opening up a world of clinical possibilities.[10:10] - Surgical robots come in various types, each specialized for specific medical purposes. Future robots may serve only one or two segments of surgery. Examples include endovascular steerable catheter and bronchoscopy robots, as well as neurosurgery, spine, and orthopedic robots. Some procedures are image-guided, while others use telemanipulation. Fully autonomous soft tissue surgery is still challenging due to anatomical variations, making spine and orthopedic surgeries more amenable to autonomy. Nevertheless, robotics and AI enhance surgical outcomes in specialized fields.[16:48] - Advancements in surgical robotics driven by AI offer great promise for medical practices. However, it's vital to address concerns around privacy and cybersecurity. Fortunately, the FDA has taken steps to regulate the use of AI in medical devices. Their requirements include rigorous testing with specific datasets to ensure consistent performance, as well as a clear statement of the intended use for each AI algorithm in specific procedures. The FDA also distinguishes between "closed" and "open" algorithms. Closed algorithms are fixed, while open ones can adapt to new procedures.[24:00] - Caleb envisions the future of robotic surgery, where technology and expertise are seamlessly integrated. Surgeons will use robots in the operating room and confidently present the system to patients, creating trust in their skills and the robot's capabilities. To make this happen, extensive training and ongoing support will be essential. Additionally, robotic systems will integrate well with other medical devices, creating an interconnected operating room. This collaboration, especially between the robot and anesthesia technology, will improve patient outcomes. The focus is optimizing the entire surgical process while keeping the surgeon's experience efficient and effective.[38:08] - The need for high-bandwidth data traffic in and out of operating rooms (OR) is driven not only by surgery but also by the opportunity to use other needs, such as diagnostic imaging and electronic health records. It is important to manage data flow and privacy across countries like Germany and Italy, especially in the cloud. Fortunately, major companies like AWS and Google Cloud are already working on privacy solutions and plugins. However, regulatory bodies must support these advancements to ensure seamless integration of cloud computing and on-device operations, which can enhance the clinical experience. Just like they have done with cybersecurity, they must now address privacy and AI issues collaboratively and promptly.[51:15] - In the medical device field, we often overlook two critical aspects: the overwhelming number of devices clinicians handle daily, each with numerous buttons and screens. This complexity can inhibit their ability to care for patients effectively. For surgeons working with multiple robotic systems, while login procedures may vary, core interactions like tissue manipulation should be kept consistent. As technology advances, we should shift competition towards innovative features. This parallels how backup cameras became standard in cars. Additionally, we can provide hospitals with resources for patients, such as simplified simulators to build trust between patients and surgeons.If you're interested in the future collaborative robots, tune into this episode of "The Future Of", a Podcast by Fresh Consulting.Full transcript: https://www.freshconsulting.com/insights/podcasts/the-future-of-robotic-surgery/Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Caleb Osborne: https://www.linkedin.com/in/caleb-osborne0808/ Asensus Surgical: https://www.asensus.com/ About the Show"The Future Of" is a podcast by Fresh Consulting, hosted by Jeff Dance, where we discuss and learn about the future of different industries, markets, and technology verticals. Together we'll chat with leaders and experts in the field and discuss how we can shape the future human experience.Previous guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI

In this episode of The Future Of, Nathan Bivans, Chief Technology Officer at Fort Robotics, joins Jeff Dance to dive into the future of robotic safety, including ethical concerns, generative AI's impact on robotics, and how to ensure that robotics safety regulations accommodate rapid technological advancements without compromising human safety and ethics.They Cover:[06:58] - In modern robotics, safety, and security are intertwined, especially in applications like agriculture, construction, and transportation, where control is limited. Integrating safety and security means responding to security breaches with safety measures, such as safely shutting down a compromised robot. Nathan suggests incorporating security into the well-known V model of safety engineering by starting with a threat model. This unified approach ensures the trustworthiness of robot behavior.[09:25] - The top concerns in robot safety derive from developers prioritizing functionality over safety. They often overlook thorough testing to demonstrate reliability, leading to potential risks. Balancing rapid development and safety is crucial, requiring the integration of designed-in safety and security measures. Neglecting safety can result in difficulties when securing sales, causing delays or lost deals. It is essential to prioritize safety from the beginning to avoid such challenges.[11:37] - To ensure robotics safety regulations keep up with technological advancements without compromising human safety and ethics, companies should invest time upfront in hazard analysis. By understanding the scope of safety challenges, they can prioritize and solve high-priority issues while gradually addressing others. It's crucial to involve domain experts and tailor regulations to specific applications. Anticipating and acknowledging potential problems, even without immediate solutions, demonstrates a proactive approach. Considering security alongside safety is vital. By thinking ahead, organizations can strike a balance between innovation and responsible development, fostering robotics advancements while upholding safety and ethical standards.[19:03] - The rapid rise of generative AI has profound implications for robotics. It goes beyond visual and text-based models, enabling robots to see, identify, and perform tasks more effectively. However, this progress necessitates a focus on safety without suppressing innovation. Trust and predictability are crucial, as humans rely on established rules for cooperation. Implementing oversight and guidelines ensures the responsible use of AI.[22:42] - Nathan raises an important concern regarding oversight and disclosure in the autonomous vehicle industry. Companies often fail to be transparent about accidents, leading to skepticism. Nathan suggests that companies should openly share information, even when accidents occur, to build trust. This requires confidence in the quality of their solutions and a culture of learning and improvement. While legal issues may arise, fostering transparency and prioritizing safety can minimize blame and promote innovation.[35:45] - While there are no significant reasons to fear robotics, exercising caution and prioritizing security measures are essential as we witness the increasing deployment of robots and IoT devices. Understanding the potential risks and addressing them proactively through robust security practices, continuous monitoring, and rapid updates are critical steps in safeguarding against worst-case scenarios and ensuring the safe and secure operation of these technologies.Full transcript: https://www.freshconsulting.com/insights/podcasts/the-future-of-robotics-safety/Subscribe here:Apple: https://apple.co/3t0hujsSpotify: https://spoti.fi/3BLB3jabCast: https://bit.ly/38yNx3lRSS: https://bit.ly/3uaCPIBInstructions on how to rate and review The Future Of can be found hereEpisode resources:Nathan Bivans: https://www.linkedin.com/in/nathan-bivans-b89a584/ Fort Robotics Website: https://www.fortrobotics.com/ About the Show"The Future Of" is a podcast by Fresh Consulting & hosted by Jeff Dance, where we discuss and learn about the future of different industries, markets, and technology verticals. Together we'll chat with leaders and experts in the field and discuss how we can shape the future human experience.Previous guests include: Gurdeep Pall of Microsoft, Carolyn Belle of Astroscale, Kane Simms of VUX World, Rogger Kibbe of Samsung Research America, Rob Tiffany of Sustainable Logix, Katrina Stevens of Tech Interactive, Check out our 3 most downloaded episodes:The Future of the MetaverseThe Future of ConstructionThe Future of Generative AI