Balancing Risk and the Future

Brett King - Futurist · Intermediate ·🧘 Mental Health & Wellbeing Practice ·6mo ago

Key Takeaways

Balancing risk and innovation in regulated spaces for mental health

Full Transcript

It's the art of the possible that you're really looking at for future adaptation. So, you want to be able to explore and have that freedom to invent and try new things. But in heavily regulated markets where you have this reversion to the mean where you're trying to keep people who want things not to change and people who want things to advance, you're sort of trying to manage that. It's very difficult because even this morning on social media, I was engaged in conversations with people who are protesting the potential for a digital identity. And yet the reality is if you can just extrapolate where we are today and where we're going to go over the next 5 to 10 years, having access to your genome, your blood work, this basic biomarkers in your health data and being able to put this into an AI so you can get optimized health care is an obvious path of innovation that we're going to have. But you can't have that without a digital identity structure. So you have these people, there's fear about how the government's going to use this and so forth. But at the same time, if you can extrapolate where this technology is going to take us in terms of life improvement, then that's just sort of part of the basic infrastructure.

Original Description

Innovation in regulated spaces is a balancing act: managing risk while building the infrastructure for a better, healthier, more efficient future.
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