How to think about artificial intelligence

Peter Diamandis is known as a futurist. But the author and entrepreneur is also amazed by the present. "We are living in the most extraordinary time in human history," the founder and executive chairman of the XPRIZE Foundation said during his Open Lending-sponsored keynote Monday at the CUNA Governmental Affairs Conference (GAC) in Washington, D.C. Technology's existential leaps forward, and how people adapt to those leaps. "Technology is a force that makes whatever was scarce in the past more abundant," Diamandis says, noting that technological advancements are leading to an abundance of energy, food, and potentially workers if artificial intelligence (AI) continues to progress. As computational power continues to double, AI, sensors, robotics, blockchain, and more technologies are converging to reinvent the future and transform business models.