Daniel Priestley explains why AI is likely to reshape work and careers faster than any previous technological shift.

I’ve known Dan for 7 years now and his wisdom is gold. Since we recorded this he has appeared on leading podcasts, including The Diary of a CEO and Modern Wisdom.

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Transcript
Daniel Priestley (:of New York and I think it's:

just over decade that that shift happened. Now, in order to make that shift, you had to have raw materials, production lines, physical atoms being reorganized into shapes. And you also had to buy the thing. It was very expensive for people to buy this new thing called a car. Despite all of those challenges, it only took 12 years to completely eradicate horses and carts and go over to motorized vehicles.

Now, AI is going to be way faster than that. No one has to buy anything. It's free or almost for free. It's on your phone right now. It just plugs into everything we've already got. So you can plug AI into almost any technology that exists. And then the infrastructure is all there. We don't have to set up power plants or anything. Obviously, there's compute power. You've got to have compute and all of that. But there is the means to create compute and a small amount of compute, relatively speaking, in one location can serve people all over the world.

Yeah, I mean, we're talking years.

Pete Hunt (:(:

think the first thing is to see it as a wave that can be surfed. And that if you've got an attitude of curiosity and enthusiasm and openness to change, then you're probably going to notice stuff that you naturally can move towards clinging onto this is the way it used to be and this is how it's meant to be done is probably not the answer.

If you think about AI's two major superpowers, superpower number one is to get people to overconsume. So it's really good at getting you to listen to more Spotify than you intended to and getting you to buy more stuff on Amazon and getting you to watch more TikToks than you thought you'd watch. So it's great at that. It figures you out real fast and works out what you like and gives you more of it. And then it figures out when you're bored and gives you something else. So it's very, very good at that.

The second superpower it has is the superpower to get you to create way more than you thought you could create in record time. the ability to, like, let's say you're a lawyer, kind of drafts the first draft of a contract and then lets you do it. You can drop a contract into chat GPT and ask it, what are some of the loopholes? What are some of the things that are wrong with it? What could I do to improve this? You know, summarize this in simple English. If you get copied in on a massive long email chain.

You can just copy that whole email chain into chat GBT and say, summarize this. And it'll just give you like the top line briefing of what that whole email chain is about as a good starting point, which means that you're digesting the whole thing a lot faster. The other day I was running a workshop and everyone had submitted questions and all of that. It was a big spreadsheet. I just copied the whole spreadsheet, threw it into chat GBT and said, give me the five top themes of all the questions.

And it just goes boom, here's the top five things everyone's interested in and summarized them all perfectly.

Pete Hunt (:

If you actually felt in yourself, you know what? That's what I trained as. This is what I've been good at for 25, 30 years. I've sitting on all of this value, but I don't know what to do with it. I want to do something different. It's just like, what were the sort of first steps?

Mm.

Daniel Priestley (:

The value is shifted from content to context. So content is knowing how to draft contracts or knowing how to put together agreements or what should be in there and all of that stuff. Content is like writing emails and all of the backwards and forwarding and all that sort of stuff. Context is understanding why it's valuable in the first place, why it's important, what should we be doing, why do we do stuff the way we do it. So you've got to begin by saying, my content has become less valuable, but my context is quite valuable. like, for example, you might, because AI doesn't have any context, it just does whatever you ask it to do. And one minute you could ask it to draft a contract and the next minute you could ask it to write a song. It doesn't care. It'll just give you whatever you ask of it. So the humans have to have the context. We have to have a bigger vision or a bigger picture. And we have to say, Hey, just doing stuff isn't the valuable bit anymore. Especially if that stuff can be done on a computer. Pretty much anything that happens on a computer is now going to be done by AI in some form, or it'll be massively supported by AI. So a lot less people will be required. So it's like some people say, well, know, AI can't just do it all. And it's like, okay, but it can make one human five times more effective.

Pete Hunt (:

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