Slides for Ross Dawson's keynote at the Center for Institutional Investment Chief Investment Officer Summit

1. Investing for
the Future
@rossdawson

2. Who will we become?

3. What changes and what stays the same?

4. Acceleration

5. Arxiv (preprint open source journal)
Monthly submissions
Ideas connecting and procreating

6. Positive feedback loops and winner take most markets

7. Source: Google
Human-designed
Neural net
AI-designed
Neural net
AI designs AI

8. Heteroskedastic markets

9. Modular economy

10. Brain Internet
Applications
Organisations Industries
Proteins Actors
Society
PoliticsContagion
Networks everywhere

11. The rise of platforms

12. Machine-to-Machine (M2M) ecosystems

13. The development of the agent economy

14. Coevolutionary arms races

15. The economic networks come alive and evolve

16. Post-capitalism

17. Accounting for externalities

18. Wealth Haves Have nots
Values Globalism Nationalism
Power Individuals Institutions
Openness Expansion Constraint
Healthcare Inclusive Exclusive
Technology Embrace Disengage
Humanity Original Transhuman
Work Elites Insecurity
Image: Marcu Ioachim
Social polarisation

19. Source: Economic Policy Institute, US Bureau of Labor Statistics
Who gets the value?

21. New forms of income distribution

22. Shared prosperity

23. Augmentation

24. Source: Electronic Frontier Foundation
Exceeding human performance

26. Cognitive offloading

27. Interface
Model
quality
Transparency
Data
quality
Assessment
Decision
factors
ConfidenceFormat
Visual
presentation
Human
Ethics
Synthesis Sense-making Judgment
Context Strategy
AI
Defined decisions
Text analysis
Pattern discovery
Trading signals
Humans + AI

28. Source: Grau et al/ PLOS
Brain-to-brain communication

29. Towards collective intelligence?

30. Vision

31. Efficient markets for capital

32. Transparency is essential

33. Measuring more than money

34. Disaggregation of company reporting

35. Capital flows to where it creates the most value

36. Creating the future