How AI Will Change Your Life - A Futurist's Guide to a Super-Smart World - Patrick Dixon signs books and talks about key messages - the future of AI, how AI will change us all, how to respond now to AI in business, personal life and government

Future of Sales and Marketing in 2030: physical audience of 800 + 300 virtual at hybrid event. Digital marketing / AI, location marketing. How to create MAGIC in new marketing campaigns. Future of Marketing Keynote Speaker

TRUST is the most important thing you sell. Even more TRUE for every business because of AI. How to BUILD TRUST, win market share, retain contracts, gain customers. Future logistics and supply chain management. Futurist Keynote Speaker

Future of Artificial intelligence - discussion on AI opportunities and Artificial Intelligence threats. From AI predictions to Artificial Intelligence control of our world. What is the risk of AI destroying our world? Truth about Artificial Intelligence

How to make virtual keynotes more real and engaging - how I appeared as an "avatar" on stage when I broke my ankle and could not fly to give opening keynote on innovation in aviation for. ZAL event in Hamburg

"I'm doing a new book" - 60 seconds to make you smile. Most people care about making a difference, achieving great things, in a great team but are not interested in growth targets. Over 270,000 views of full leadership keynote for over 4000 executives

Futurist Keynote Speakers - how Futurist Keynotes transform events, change thinking, enlarge vision, sharpen strategic thinking, identify opportunities and risks. Patrick Dixon is one of the world's best known Futurist Keynote Speaker

Futurist Keynote Speaker: Colonies on Mars, space travel and how digital / Artificial Intelligence / AI will help us live decades longer - comment before keynote for 1400 at Avnet Silica event

Future of Travel and Tourism post COVID. Boom for live experiences beyond AI. What hunger for "experience" means for future aviation, airlines, hotels, restaurants, concerts halls, trends in leisure events, theme parks. Travel Industry Keynote Speaker

Quiet Quitters: 50% US workforce wish they were working elsewhere. How engage Quiet Quitters and transform to highly engaged team members. Why AI / Artificial Intelligence is not answer. How to tackle the Great Resignation. Human Resources Keynote Speaker

The Great Resignation. 50% of US workers are Quiet Quitters. They have left in their hearts, don't believe any longer in your strategy. 40% want to leave in 12 months. Connect with PURPOSE to win Quiet Quitters. Human Resources Keynote Speaker

Future of Human Resources. Virtual working, motivating hybrid teams, management, future of motivation and career development. How to develop high performance teams. HR Keynote Speaker

Speed of change often slower than people expect! I have successfully forecast major trends for global companies for over 25 years. Focus on factors driving long term changes, with agile strategies for inevitable disruptive events. Futurist Keynote Speaker

Agile leadership for Better Risk Management. Inflation spike in 2022-3 - what next? Expect more disruptive events, while megatrends will continue relentlessly to shape longer term future globally in relatively predictable ways. Futurist Keynote Speaker

Crazy customers! Changing customer expectations. Why many decisions are irrational. Amusing stories. Lessons for Leadership, Management and Marketing - Futurist Keynote Speaker VIDEO

Chances of 2 people in 70 having same birthday? Managing Risk in Banking and Financial Services. Why the greatest risks are combinations of very unlikely events, which happen far more often than you expect. Keynote speaker on risk management

Compliance is Dead. How to build trust. Reputation of banks and financial services. Compliance Risks. Why 100% compliance with regulations, ESG requirements etc is often not enough to prevent reputational damage

Life's too short to do things you don't believe in! Why passionate belief in the true value of what you are selling or doing is the number one key to success. Secret of all leadership and marketing - keynote for 1100 people in Vilnius October 2021

Future Manufacturing 5.0. Lessons from personal life for all manufacturers - why most manufacturing lags 10-15 years behind client expectations in their day to day life. Manufacturing 4.0 --> Manufacturing 5.0. Future of Manufacturing Keynote

80% of sales are won or lost in 3 seconds, How to grow your business by giving attention to small things that really matter. Future of Marketing, Futuris Keynote Speaker - Pardavimu formule in Vilnius

Making sense of the 2007-2015 economic crisis - what next? Look back from 2100 - VIDEO

Futurist Keynote Speaker: Posts, Slides, Videos - Future Trends, Economy, Markets, Keynote Speaker

When historians look back in 100 years time – what will they make of the sub-prime crisis and all that followed?  What links will they make between the rise of China as a mega-industrial nation, buying huge amounts of dollars, keeping their own currency low, and costs of borrowing low for developed nations.  Of course we are talking about a wider issue than China, but China is a dominant force in this regard.

The fact is that China’s willingness to buy dollars and euros in the 2000s provided a very welcome boost for developed nations – providing a lot of money at low interest rates.  Both governments and individuals took advantage of this to spend on things they thought were important at the time – running up huge debts, and driving these economies into a long boom, creating local jobs, improving infrastructure, health care and education.

China and other exporting nations also benefitted from the boom:  more people were able to buy more Chinese goods and services – so everyone was happy, for a while.

When the sub-prime crisis hit (caused by stupid lending on a massive scale to people who were very bad risks), governments for forced to bail out banks, adding to their own debt.  Some of these governments were then at risk of becoming insolvent themselves – creating a vicious circle, since much of their own debt was held by…. Banks…. 

So the sub-prime crisis linked to mortgages became a banking crisis became a government crisis, and then became a new (and even more serious) banking crisis.  But this time, the only way that some governments can raise more cash to save themselves and their banks is to print money – the oldest trick in government finances. 

These days, a single mouse click on an Excell Spreadsheet in the Treasury can make millions of dollars of new virtual money – washed into the nation’s systems as “quantitative easing” or some other financial device.  But the concept is fundamentally similar. Governments are making virtual money to buy up their own debts.  By early 2012, the UK government alone will have created around £300 billion of new cash – enough to buy around a third of its own debt.

President Mugabe embarked on physical money printing recently, as the only way he could afford to pay government workers and the army.  The more notes he printed, the less they were worth.  Money printing led to a 1 billion % inflation rate – I have a 10 trillion Zimababwe dollar bill to show for it, which on the day it was printed would have bought half a loaf of bread.  The German government went down the same disastrous route in the 1930s – which is why the German people are so keen today on low inflation and prudent government finances.

At some point there has to be a huge and painful adjustment to the global reality which is that emerging nations are continuing to grow, and developed nations are in decline.

No amount of government borrowing or artificial stimulus from emerging nations can disguise this decline.  The end result – either gradual or sudden – will be a massive transfer of wealth from declining nations to emerging nations.

This global equalization process will transform the political landscape for the next three hundred years, and will have more impact on social justice, improvement of education, access to health and so on for the poorest in our world, than the entire combined total of global development aid over the last five decades, a hundred times over.

In the meantime, governments like the UK are quietly discovering the benefits of inflation – running at over 5% at the end of 2011, wiping out tens of billions of government debt in a relatively painless way.  Painful though to anyone who has cash – who is seeing the value of their savings eroded rapidly.  High inflation with low interest rates is a way of taxing savers, and rewarding borrowers.

Inflation may reduce the debt mountain – but may also give future lenders a scare, so they start demanding more interest to persuade them to buy (yet) more government debt, or to re-buy debt that has to be repaid to them by certain dates.  And then as interest rates rise, so do risks of another big recession – or worse.

In the shorter term the UK government is not too worried by inflation, as most of the money it needs to borrow is tied up in long-term low interest contracts which do not expire until 2013-4, very different from Greece of Italy which keep returning to the markets with billion dollar begging bowls every few weeks.

Article written: 1st November 2011

Countries Visited

Patrick Dixon has given keynotes on a wide range of trends to audiences in North America, Central America, Latin America, Western Europe (European Union), Central Europe, Eastern Europe, Baltic States, Scandinavia, Africa, Central Asia, South East Asia and Asia Pacific.  Countries visited include: Australia, Barbados, Belarus, Belgium, Brazil, Burundi, Canada, China, Czech Republic, Denmark, Democratic Republic of Congo, Egypt, Estonia, Fiji, Finland, France, Germany, Greece, Estonia, Hungary, India, Italy, Ireland, Kazakhstan, Kuwait, Latvia, Malaysia, Mexico, Morocco, Netherlands, Nigeria, Norway, New Zealand, Panama, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, Uganda, United Arab Emirates, United Kingdom, United States and Zimbabwe.

Related news items:
Newer news items:
Older news items:

Thanks for promoting with Facebook LIKE or Tweet. Really interested to read your views. Post below.

Join the Debate! What are your own views?



Search for your future

Our cookie policy

We use cookies for statistical purposes. To comply with the e-Privacy Directive we need to ask your consent to place these cookies on your computer.

Your use of this site indicates acceptance of these terms. I accept I Decline