As leaders, it is incumbent on all of us to make sure we are building a world in which every individual has an opportunity to thrive. Understanding what AI can do and how it fits into your strategy is the beginning, not the end, of that process.

AI has been making tremendous progress in machine translation, self-driving cars, etc. Basically, all the progress I see is in specialised intelligence. It might be hundreds or thousands of years or, if there is an unexpected breakthrough, decades.

Deep-learning will transform every single industry. Healthcare and transportation will be transformed by deep-learning. I want to live in an AI-powered society. When anyone goes to see a doctor, I want AI to help that doctor provide higher quality and lower cost medical service. I want every five-year-old to have a personalised tutor.

Despite all the hype and excitement about AI, it's still extremely limited today relative to what human intelligence is.

The basic problem is that web 2.0 tools are not supportive of democracy by design. They are tools designed to gather spy-agency-like data in a seductive way, first and foremost, but as a side effect they tend to provide software support for mob-like phenomena.

Just as the Internet brought the cost of disseminating information down by an order of magnitude, bitcoin brings the cost of transferring ownership down by an order of magnitude.

The start of 2016 offers great promise as the world awakens to the power of connectivity and increasing digitization. The new Digital Age is upon us, and it is unlike anything we have experienced before.

We had to address information technology in the ways we had not before and give the agents the tools that they need to do their job more efficiently and more expeditiously.