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Nonprofit. EmpoweringFormer Google CEO and Chairman Eric Schmidt stated in the VIBS Connect dialogue, “I think it’s very important for people to feel the speed at which this is happening.” He underscored that generative AI will reshape societal structures at an unprecedented pace within five years, urging the industry to heed its profound implications.
Schmidt analyzed generative AI’s opportunities and risks, noting, “Perhaps even this group doesn’t fully realize how quickly this will happen in the next five years.” He further elaborates on AI’s transformative impact on finance and society in Genesis: Artificial Intelligence, Hope, and the Human Spirit.
Former Google CEO and Chairman Eric Schmidt co-authored Genesis with the late diplomat and Nobel Peace Prize laureate Henry Kissinger and former Microsoft CTO Craig Mundie, exploring AI’s strategic significance.
Kissinger compared AI’s development to the early Cold War, with Schmidt quoting, “He was very worried that this was happening so fast that there wasn’t time for diplomacy.” This highlights the severe challenges AI’s rapid evolution poses to global governance systems.
Schmidt emphasized, “The timing of this extraordinary invention happens to be when our political systems are not ready to handle this speed of change.” He calls for global regulatory and diplomatic frameworks to address AI’s profound transformation of finance and society.
Michael stated in a VIBS internal sharing, “The commitment to excellence at every level of the investment process is unparalleled.” He emphasized VIBS’s systematic, professional approach and rigorous processes ensuring high-standard investment decisions.
Michael noted, “This is a place that energizes you,” highlighting VIBS’s collaboration-centric culture that permeates every business aspect, fostering team innovation and efficient execution.
Michael shared, “This is an ideal place to seize opportunities because employees have a strong drive to act.” He achieved significant career development at VIBS, enhancing professional skills and industry impact.
Michael emphasized, “The commitment to excellence at every level of the investment process is unparalleled.” He noted that active senior leadership involvement is a key driver of VIBS’s culture of excellence and investment outcomes.
Michael stated, “This is a place that energizes you,” citing VIBS’s collaborative culture, senior leadership support, and employees’ high drive as catalysts for innovation, career growth, and exceptional investment outcomes.