Introducing BCG X Files

Dear Tech friends,??

Welcome to this very first edition of BCG X Files, our new monthly tech-driven BCG X LinkedIn newsletter. ?

There is no doubt that the world is in dire need of innovations that spark high hopes and drive progress. Last December we launched BCG X, the new tech build and design unit of BCG. We bring together the ambitious entrepreneurship, the power of technology and the creative innovation to solve the world’s biggest challenges and build new solutions for the future.

It is with great excitement that we launch a newsletter that looks at the world through the tech lens and inspires to make a difference. Each month we will bring you a curated digest of the latest tech news and trends, must-read articles from thought leaders and industry experts, and helpful resources from across the tech universe.??

One callout for this month is an article about Women in Web3 which shows that even in Web3, women are still underrepresented. Read the article to discover how we can build a more equitable future.

Want to get the BCG X Files in your inbox every month? Just hit the subscribe button. Feel free to share your thoughts and ideas with us anytime in the comment section below.?

P.S. Don't miss our Question of the Month. Let's exchange the experience!

Enjoy!?

-Sylvain Duranton, Global Leader of BCG X

Latest Tech Trends & Breakthroughs

The Future of Digital Health | BCG - 3 min read

What can we expect from health care innovation in 2023? In this year’s edition of The Future of Digital Health, BCG and BCG X health experts share the key digital health trends and developments that will define the space in the year ahead.

How ChatGPT Kicked Off an A.I. Arms Race | NY Times - 8 min read

This NYTimes piece goes behind the scenes and interviews a number of current and former OpenAI employees to better understand the trajectory of one of the most important, albeit unconventional, companies of the moment.

4 Ways Artificial Intelligence Could Transform Manufacturing | World Economic Forum - 4 min read

This WEF analysis?outlines 4 ways AI is transforming manufacturing. By leveraging AI, manufacturers can improve efficiency, reduce costs, and increase innovation, ultimately leading to a more sustainable and profitable future.

How AI Will Transform Project Management | HBR - 11 min read

Researchers, startups, and innovating organizations, are beginning to apply AI, machine learning, and other advanced technologies to project management, and by 2030 the field will undergo major shifts.

Responsible Tech

Think Responsibly | Wired - 15 min read

BCG's experts discuss unique power and limitless potential of AI: regardless of how much humans may erroneously humanize it, still requires that we govern it…and govern it responsibly. After all, with great power comes great responsibility.

AI Is Revolutionizing How Companies Manage Transformations | BCG - 10 min read

The BCG piece explores the strategies for using AI to drive business transformation. Organizations will need to take a holistic approach to AI implementation, including building a strong foundation, establishing clear goals and governance, and investing in the right talent and technology.

Meeting the AI Moment: Advancing the Future Through Responsible AI | Microsoft On the Issues - 9 min read

Microsoft argues that AI systems like ChatGPT have the potential to transform many industries and improve people's lives, but it is important to ensure that they are developed and used responsibly, with a focus on ethics, transparency, and accountability to maximize their benefits and minimize their risks.

Tech for Good

Building an Ecosystem that Grows Farmers’ Incomes by 25% | BCG - 1 min

BCG X partnered with?Olam , a major multinational food and agribusiness company, to launch?Jiva , a profit-with-purpose venture that designed a way to use the power of technology to address one of the world’s biggest challenges and implemented positive change to build a better tomorrow.

Green Tech Is No Longer An Option For The Tech Sector | Forbes - 5 min read

While AI becoming more valuable in real-world applications and its computational load increasing, the issue of software emissions is becoming more pressing as companies accelerate their deployment of AI.

IBM, NASA Will Use AI to Improve Climate Change Research | Nextgov - 3 min read

The research will use IBM's AI foundation model technology and NASA's Earth and geospatial science data, specifically NASA's Earth-observing satellite data. The collaboration will help "provide an easier way for researchers to analyze and draw insights from these large datasets."

3 Ways Technology Is Helping the World Adapt to Climate Change | World Economic Forum - 3 min read

New technologies are proving key in the urgent process of climate adaptation. AI is being used to detect wildfires and send early warnings to forest communities. While Google is using satellites and machine learning to issue detailed flood alerts.

Question of the Month

Have you used Generative AI, such as ChatGPT in your daily work? How? Share your experience and examples in the comments below!

We hope you enjoyed this first edition of BCG X Files. Don't miss out on the next one - subscribe today!