VUCA

In this episode, Ricardo discusses the volatility of AI projects. He explains that AI projects face volatility due to rapid technological advancements, constant changes in API connections, and their experimental nature. Regulatory and ethical considerations evolve daily, creating uncertainty about legal and public perceptions. Talent shortages compound the challenge, with expertise in high demand and high turnover rates.

In this podcast, Ricardo expresses deep sadness and extends condolences to those affected by the recent tragic events in Israel and Gaza. He emphasizes his personal connection, mentioning that he has brothers and sisters in both Israel and Palestine. Ricardo highlights the importance of understanding and managing uncertainty, a crucial skill for project managers.

In this thought-provoking episode of the podcast, Ricardo explores the possibility of AI surpassing human intelligence and developing emotions to the point where it has a soul and feelings, as the philosopher Nick Bostrom proposed in his Big Think video. With such advancements in AI, it begs the question: will we need to consider "AI Rights" similar to "Human Rights"?

To help us cope with anxiety, Ricardo discusses a technique he learned from Nick Trenton's book "Stop Overthinking": the 5,4,3,2,1 method. Every day brings new challenges, and it's easy to get caught up in a never-ending cycle of panic and worry about the potential dangers to our work and projects. The method is based on counting down from five to one; at each stage, we focus on a different sense in order to locate ourselves in the here and now.

This week, Ricardo discusses the 18th edition of the Global Risk Report, published annually by the World Economic Forum. This report presents a ranking of global risks and threats, both short-term and long-term. From an operational standpoint, the project or initiatives we are working on can be severely impacted by events that happen far away. Ricardo draws a parallel between the positioning of our project from the global perspective.

In this week's episode, Ricardo talks about the relationship between the concepts of BANI and VUCA. The acronym VUCA for "volatile," "uncertainly," "complex," and "ambiguous" has its origins in the American army during the cold war and sought to explain the constant changes and complexity of contemporary entities, which alter our perception of what is right and what is wrong.

Informal discussion with SITA about the future of project management and their case study featured on the book PM Next Generation, published by Wiley.

In this week's episode, Ricardo talks about the latest news published in the press about the streaming service Netflix, which, upon announcing the first reduction in the number of subscribers to the platform in the last ten years, suffered a devastating drop in the value of its shares. Netflix's value dropped from more than 300 billion dollars at the end of 2020 to 89 billion after the announcement.

In this week's episode, Ricardo talks about flexibility and inflexibility when planning something. We often have the mindset of planning, executing, and controlling something so that it must go exactly as planned. Any variation in the plan is bad and should be avoided, this is inflexibility, and all we don't have today is predictability, showing that the world of inflexibility no longer exists.

In this week's episode, Ricardo returns to the concept of Antifragile, presented by Nicholas Taleb in his book, where Taleb stated that the antifragile "is not necessarily the opposite of fragile" but "what improves with shock." Ricardo talks about making the different types of systems antifragile, systems that can be you, your career, or your company. He complements the concept and outlines the five steps from fragile to antifragile.

In this week's episode, Ricardo talks about the concept of Antifragile, presented by Nicholas Taleb in his book. To better explain it, Ricardo explains the meaning of being "fragile" and "robust," where "robust" is not necessarily the opposite of fragile. Robust refers to the ability to resist shock and is not necessarily improved by shock. What improves with shock is Antifragile. And what you gain from stress.