Afleveringen
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Hi there,
Here's a short message ahead of my summer break.
Back in September with a bigger and better podcast.
Thanks for listening.
Ian
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We like to think of our global energy system as a well-oiled machine, transitioning smoothly from fossil fuels to renewable sources. But, as we learn in this episode, the situation is much more difficult.
Michael Bradshaw is a Professor of Global Energy at Warwick Business School. Professor Bradshaw's research on the geopolitical economy of global energy has examined the role of foreign investment in Russia's oil and gas industry, global energy dilemmas and the interrelationship between energy security, climate change and economic globalisation.
Music credit: David Cutter Music / @dcuttermusic
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Zijn er afleveringen die ontbreken?
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How subtle factors like familiarity, cognitive ease, and self-serving biases can sway our choices without us realising it. Learn how to bring these to the surface to help you make better decisions.
Özgün Atasoy is an Associate Professor of Marketing at Warwick Business School. Professor Atasoy is an expert on consumer decision-making, particularly in consumer-technology interactions, consumer choice, and financial decisions.
Music credit: David Cutter Music / @dcuttermusic
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Learn how to influence others regardless of your position, gender or background.
Connson Chou Locke is a Professor in Management at the London School of Economics (LSE) where she teaches Leadership, Organisational Behaviour, and Negotiation and Decision Making.
Music credit: David Cutter Music / @dcuttermusic
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We like to think we’re making decisions, but we are not. We’re often just rationalising pre-existing biases. The decision is already made.
Vincent Mak is Professor of Marketing and Decision Sciences and a member of the Senior Leadership Team at Cambridge Judge Business School.
Music credit: David Cutter Music / @dcuttermusic
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Sarah Hall is Professor of Geography and Fellow of St John’s College at the University of Cambridge. Professor Hall is a public economic geographer whose work focuses on the uneven impacts of profound economic change, including Brexit, the changing economic position of China internationally, and the rise of finance-led capitalism.
Summary
Professor Hall discusses the uneven impacts of profound economic changes such as the 2007-2008 financial crisis, Brexit, and the rise of China. She explains how economic change affects different regions differently based on their economic history, labour market, and regulatory regime. She also highlights the regenerative capacities of cities like London, which have the ability to respond to crises by innovating in new markets. The conversation explores the changing economic order due to China's growth and its impact on global finance. Additionally, the discussion touches on the pressing economic issues of regional inequality in the UK and the changing relationship between the US and China.
Takeaways
Economic change affects different regions differently based on their economic history, labour market, and regulatory regime.Cities like London have regenerative capacities that allow them to respond to crises by innovating in new markets.China's growth is reshaping the global economic order, particularly in the realm of finance.Regional inequality is a pressing economic issue in the UK, with lower productivity in large cities outside of London.The changing relationship between the US and China has significant implications for global trade and geopolitics.Key Moments
02:25 The Role of an Economic Geographer
08:04 The Impact of Economic Change on Geographies
15:12 Research on the 2007-2008 Financial Crisis
45:10 Pressing Economic Issues in the UK and Globally
Music credit: David Cutter Music / @dcuttermusic
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Alixandra Barasch is an Associate Professor of Marketing at the University of Colorado. Having earned her Ph.D. in Marketing from The Wharton School, University of Pennsylvania, she was previously an Assistant Professor at New York University and a Visiting Associate Professor at INSEAD. Alix studies how new technologies are fundamentally reshaping consumer behaviour and well-being.
Summary
Professor Barasch discusses why humans engage in social media and the psychological motives behind sharing information online. She explores self-focused motives, such as impression management and emotion regulation, and other-focused motives, such as sharing useful content and finding common ground. The research suggests that authenticity and empathy are crucial in how others perceive pro-social behaviour online.
Takeaways
People share information on social media for both self-focused and other-focused motives.Self-focused motives include impression management and emotion regulation, while other-focused motives involve sharing useful content and finding common ground.Sharing good deeds on social media can be perceived as authentic pro-social behaviour if it conveys empathy and emotions.The order and context of sharing information on social media can influence how others perceive the motives behind the behaviour.Authenticity and empathy are key factors in shaping the perception of pro-social behaviour online. Impression management plays a significant role in our online presence, and there are trade-offs between authenticity and polish.Photo sharing can enhance enjoyment and immersion in positive experiences, but the goal and context of the photos matter.Phone addiction is a real concern, especially in terms of social interactions and well-being.Key Moments
01:47 Exploring the Psychological Motives Behind Social Media Engagement
05:15 Understanding the Reasons for Sharing Information Online
10:27 Exploring the Motivations for Doing Good Deeds
29:12 Impression Management in the Online Space
39:45 The Effects of Photo Taking
47:19 Addressing Phone Addiction
51:22 Considering Others in Technology Use
55:15 Nuances and Trade-Offs of Technology
Music credit: David Cutter Music / @dcuttermusic
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Stefano Puntoni is the Sebastian S. Kresge Professor of Marketing at the Wharton School. Prior to joining Penn, Professor Puntoni was a professor of marketing and head of department at the Rotterdam School of Management, Erasmus University, in the Netherlands. He holds a PhD in marketing from London Business School and a degree in Statistics and Economics from the University of Padova in his native Italy.
Summary
In this conversation, Professor Stefano Puntoni discusses the potential of generative AI. The conversation covers topics such as the foundational technology behind generative AI, prompt engineering strategies, and the organisational adoption of generative AI. Professor Puntoni addresses the ethics of using AI tools, emphasizing the importance of responsible use. He predicts that the marketing industry will undergo significant changes in the next five years, with automation playing a larger role in tactical execution while human judgment remains crucial in strategic decision-making. The conversation explores the impact of generative AI on career development and the importance of complementing AI rather than trying to substitute it. The discussion also highlights the skills that machines lack, such as causal reasoning, critical thinking, and moral judgment. The conversation then shifts to the organizational adoption of AI, with advice on how senior management can approach AI implementation.
Takeaways
Generative AI has the potential to automate certain aspects of the business but does not diminish the role of human creativity.The marketing industry will undergo significant changes in the next five years, with automation playing a larger role in tactical execution.Human judgment and strategic decision-making will remain crucial.The ethics of using AI tools should be carefully considered and responsible use is important.New job opportunities will emerge in the field of generative AI, such as large language model optimisation. Generative AI is likely to have a significant impact on career development.Rather than trying to substitute AI, it is important to complement it by developing skills that machines lack.Skills such as causal reasoning, critical thinking, and moral judgment are valuable in the AI era.Organisations should approach AI implementation with intellectual humility, curiosity, and flexibility.Key Moments
07:21 The Future Potential of Generative AI
26:18 New Job Opportunities in Generative AI
33:31 Complementing AI: Developing Skills Machines Lack
Music credit: David Cutter Music / @dcuttermusic
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Dr. James B. Rieley is an advisor to CEOs and senior leadership teams in both Europe and America. Dr. Rieley, who has an earned doctorate degree in Organisational Effectiveness, additionally has a B.S. in Business Administration, and was the president of a successful plastics manufacturing company for over 20 years. After selling his company in 1987, he began to work with organisations in the area of decision-making and realising personal and collective organisational potential.
Summary
Dr. Rieley discusses the attributes of effective leaders and the importance of creating an environment where individuals and organisations can realise their potential. He emphasises the shift from efficiency to effectiveness and the need for leaders to focus on thinking, influencing, achieving, and leading. Dr. Rieley also highlights the value of systems thinking in understanding the cause and effect relationships within organisations. Additionally, he advises influencing others and driving cultural change within an organisation. In this conversation, Dr. James Rieley discusses the importance of understanding mental models and how they impact decision-making and behavior. He explains that mental models are the key to making fundamental changes in a cultural environment and that they have a greater impact than strategy or market share. He emphasises the need for leaders to embrace change and think long-term, as well as the importance of understanding the future of work and being flexible in organisational structures.
Takeaways
Leadership is about creating an environment for individuals and organisations to realise their potential.Effective leaders focus on thinking, influencing, achieving, and leading.Systems thinking helps understand cause and effect relationships within organisations.Asking questions is a powerful way to influence others.Cultural change requires addressing policies, procedures, and mental models. Understanding mental models is crucial for making fundamental changes in a cultural environment.Mental models have a greater impact on decision-making and behaviour than strategy or market share.Unpacking and analysing mental models can be done by identifying variables and their connections through cause and effect relationships.Leaders need to embrace change and think long-term, considering the future of work and being flexible in organisational structures.Key Moments
05:18 Creating an Environment for Potential
33:36 Influencing Through Questions
44:37 Long-Term Thinking and Better Decisions
53:57 The Future of Work and Adaptability
Music credit: David Cutter Music / @dcuttermusic
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Sir Geoff Mulgan CBE is Professor of Collective Intelligence, Public Policy and Social Innovation at University College London (UCL). Prior to that he was Chief Executive of Nesta, the UK’s innovation foundation. Between 1997 and 2004, Geoff had roles in the UK government, including director of the Government’s Strategy Unit and head of policy in the Prime Minister’s office. From 2004 to 2011, he was the first Chief Executive of The Young Foundation. He was the first director of the think-tank Demos and has been a reporter on BBC TV and radio.
Summary
Professor Sir Geoff Mulgan discusses the concept of collective intelligence and its importance in solving complex problems. He shares his diverse career journey and emphasises the value of being useful and working with intelligent pioneers. The definition of intelligence is explored, highlighting the capacity to make choices and the various functions and capacities that contribute to intelligence. The role of artificial intelligence (AI) in collective intelligence is discussed, with AI being effective in certain tasks but lacking creativity, judgment, and wisdom. It also delves into the discussion around education and work, highlighting the importance of preparing individuals for the future job market and the shortcomings of current education systems. The conversation emphasises the need for education systems to become more collectively intelligent and adaptive to the changing needs of the workforce. It concludes with advice for young people to cultivate deep knowledge in a specific field while also developing a wide range of skills and engaging with the arts.
Takeaways
Collective intelligence is intelligence at a large scale and is crucial for solving complex problems.Intelligence is the capacity to make choices and encompasses functions such as memory, observation, creativity, judgment, and wisdom.Artificial intelligence (AI) is effective in tasks like observation, prediction, and memory, but lacks creativity, judgment, and wisdom.The combination of human and machine intelligence is often more effective than relying solely on AI.Replicating human wisdom in AI is challenging due to the ability to understand context and relate knowledge to specific situations. Incorporating wisdom into AI systems is a challenge that requires engaging with the lessons of wisdom and considering ethics, long-term perspectives, and the ability to make judgments.Education systems need to adapt to the changing needs of the future job market and focus on developing both technical and generic skills such as communication, problem-solving, collaboration, and creativity.Education systems should aim to become more collectively intelligent by using data, evidence, and experimentation to improve teaching methods and navigate the complexities of the future.Individuals should cultivate deep knowledge in a specific field while also developing a wide range of skills and engaging with the arts to stay relevant and adaptable in a rapidly changing world.Optimism and positive imagination are important for envisioning and working towards a better future, despite the challenges and pessimism that exist.Key Moments
08:20 Exploring the Definition of Intelligence
16:16 The Role of Artificial Intelligence in Collective Intelligence
30:07 Adapting Education Systems for the Future Job Market
36:20 Cultivating Deep Knowledge and Wide Skills for Success
52:02 Embracing Optimism and Positive Imagination for the Future
Music credit: David Cutter Music / @dcuttermusic
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Catherine Barnard is a leading Professor in EU law and Employment law at the University of Cambridge, author of three of the primary textbooks in the field, deputy director of UK in a Changing Europe, a non-partisan think-tank looking at the implications of Brexit and its aftermath.
Summary
This episode is a wake-up call. It explores the experiences of EU migrant workers in the UK, focusing on their living conditions, challenges, integration into local communities, and the impact of Brexit. The conversation highlights the exploitation and poor treatment faced by migrant workers, including the withholding of passports and deductions from their income. It also discusses the lack of support and resources for migrant workers, such as limited access to healthcare and language barriers. The episode emphasises the need for better integration efforts and addresses the potential future challenges posed by an ageing population of migrant workers.
Takeaways
EU migrant workers in the UK often face exploitative living conditions and poor treatment, including the withholding of passports and deductions from their income.There is a lack of support and resources for migrant workers, such as limited access to healthcare and language barriers.Integration into local communities is challenging due to long working hours, exhaustion, and language barriers.The impact of migration and lack of integration played a significant role in the Brexit vote, with some communities feeling left behind and experiencing a changing identity.The ageing population of EU migrant workers poses future challenges, including increased healthcare needs.Key Moments
02:03 Living Conditions and Exploitation
06:32 Challenges Faced by EU Migrant Workers
12:28 UK's Decision to Allow Unrestricted Access
14:54 Living Conditions and Slavery-like Practices
24:18 Access to Healthcare
27:11 Integration into Local Communities
34:14 Impact of Lack of Integration on Brexit
37:11 Migration and the Decision to Move
41:50 Future Challenges and Aging Population
Music credit: David Cutter Music / @dcuttermusic
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Thomas Sampson is a Professor of Economics at the London School of Economics. His research studies the impact of globalisation on workers, firms, and productivity. Thomas is also an academic adviser to the Bank of England and an associate at the Centre for Economic Performance, where he has worked extensively on the economic consequences of Brexit.
Summary:
This conversation is nothing short of a masterclass in international trade. We cover a wide range of topics, including the importance of trade for economic prosperity, the historical context of international trade, the role of tariffs, the impact of Brexit on UK-EU trade, and the intersection of international trade and climate change. Professor Sampson provides insights into the complexities and challenges of these issues, highlighting the need for cooperation and global solutions.
Key Moments:
06:29 What is International Trade and Why is it Important
09:24 Historical Context of International Trade
14:57 Tariffs and Their Role in International Trade
20:14 Winners and Losers in International Trade
28:27 The Impact of Brexit on UK-EU Trade
40:04 The Intersection of International Trade and Climate Change
Music credit: David Cutter Music / @dcuttermusic
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Andrew Beggs is a Professor of Cancer Genetics & Surgery at the Institute of Cancer and Genomic Sciences, University of Birmingham, and the Deputy Director of the Birmingham Experimental Cancer Medicine Centre and Theme Lead for Biomarkers and Liquid Biopsy. He is also Head of Somatic Cancer in the Central and South Genomic Medicine Service Alliance and Co-Lead of the Translational Biology and Genetics research theme within the Institute of Cancer and Genomic Sciences. He is a fellow of the Alan Turing Institute and has recently been awarded an MRC Senior Clinical Fellowship.
Summary
This conversation explores the role of genetics in cancer and why the disease is hard to treat. It discusses assessing cancer risk and the benefits of annual MRI scans. Advances in less invasive and targeted therapies are highlighted, along with the importance of accessing new treatments and seeking second opinions. The conversation also touches on the progress in treatments, the cost of care, cancer genetics research, ways to reduce cancer risk, and the uncertain effects of vaping.
Key Moments
02:13 Understanding cancer
07:36 Why is cancer difficult to treat?
13:12 Assessing personal risk of cancer
16:01 The effectiveness of annual MRI scans
24:55 Advancements in Less Invasive and Targeted Therapies
28:20 Availability and Access to New Treatments
29:04 Importance of Seeking Second Opinions
31:59 Progress in Cancer Treatment and Cures
33:38 The Cost of Cancer Treatments
36:42 Cancer Genetics Research and its Process
44:19 Reducing the Risk of Cancer
46:14 Vaping and its Unknown Effects on Cancer
Music credit: David Cutter Music / @dcuttermusic
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Professor Jonathan Portes is one of the UK's leading economists and a Professor of Economics and Public Policy at King's College London. Professor Portes has previously served as chief economist at the Department of Work and Pensions and chief economist at the Cabinet Office.
Summary
Professor Portes explores the economic impacts of immigration, the misconceptions surrounding it, and the political use of immigration as a tool. He also explores the concerns of today's labour market, the potential impact of technology on inequality, and the challenges of transitioning to a sustainable economy. The conversation emphasises the need for scenario planning and a broader range of perspectives when considering the future.
Key Moments
03:19 Misconceptions of Immigration
09:31 Political Use of Immigration
16:13 Population Demographics and Immigration
27:41 Concerns in Today's Labor Market
35:33 Impact of Technology on Inequality
44:18 Transitioning to a Sustainable Economy
46:51 Advice for Businesses
Music credit: David Cutter Music / @dcuttermusic
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Ioannis Ioannou is one of the world’s leading experts on Sustainability and Corporate Social Responsibility (CSR) and Associate Professor of Strategy and Entrepreneurship at London Business School. Professor Ioannou regularly publishes in top-tier peer-reviewed academic journals, including Strategic Management Journal, Academy of Management Review, Management Science, and Organization Science. Professor Ioannou is also the co-Chair of the Sustainability Advisory Panel of Merck, a member of the ESG Advisory Board of the DWS Group, a member of the Advisory Board of the Sustainable Risk Assessment Framework (SRAF), the Board of the Alliance for Research on Corporate Sustainability (ARCS), serves as an Advisor to TreeApp, and a member of the World Economic Forum Expert Network. Learn more here: www.ioannou.us
Summary
Professor Ioannou discusses the need for sustainability and corporate social responsibility to be central to the strategies of organisations. He explores the fall of Kodak and Blockbuster as analogies for organizations that fail to adapt to these new demands. Professor Ioannou defines sustainability and corporate social responsibility as integrating environmental and social issues into business. He emphasises the importance of understanding the evolving nature of these challenges. Professor Ioannou also discusses the connection between corporate strategy and sustainability, the trade-offs and opportunities of sustainability, and the challenges of transitioning to a sustainable business model. He highlights the role of disruptive innovation and the clashing capabilities and competencies that organizations may face. Ioannou addresses the balance between short-term results and long-term transformation and the role of investors in the transition to sustainability. He concludes by providing advice for business leaders on how to approach sustainability.
Key Moments
04:21 Defining Sustainability and Corporate Social Responsibility
05:17 The Conceptual Level of Sustainability
06:14 The Evolving Nature of Sustainability Challenges
09:28 The Connection Between Corporate Strategy and Sustainability
10:22 The Goal of Shareholder Value and Sustainability
11:16 The Two Stories of Sustainability
12:39 The Trade-offs and Opportunities of Sustainability
14:29 Disruption and Clashing Capabilities
20:34 Navigating the Disruption of Sustainability
21:32 Disruption by Sustainability and Ethics
22:27 Technological Innovation and Sustainability
23:23 Customer Changes and Sustainability
24:18 Clashing Capabilities and Competencies
27:37 Structural Inertia and Transitioning to Renewables
28:32 The Challenge of Competing with Two Business Models
31:15 The Rate of Change in Sustainability
33:37 Balancing Short-Term Results and Long-Term Transformation
36:27 The Role of Investors in the Transition to Sustainability
47:28 Advice for Business Leaders
Music credit: David Cutter Music / @dcuttermusic
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Alison Taylor is a Clinical Associate Professor at NYU Stern School of Business and Executive Director of Ethical Systems. Professor Taylor has spent the past two decades consulting with multinational companies on risk, anti-corruption, sustainability, human rights, culture and behavior, stakeholder engagement, ESG, and ethics and compliance – including as a senior advisor at sustainability nonprofit BSR, a member of the Board at Venture ESG, and a sustainability adviser at Zai Lab, KKR, and Pictet Group.
Summary
Professor Alison Taylor discusses the concept of being a good business and the challenges and complexities surrounding it. She emphasizes the need for a better conversation about the role of business in society and the importance of clarity and honesty in addressing ethical questions. Professor Taylor also explores the tension between shareholder value and other objectives, the limitations of rating agencies, and the need for organizations to focus on managing their negative impacts. She highlights the qualities of effective leaders and the importance of culture in driving change. Ultimately, she calls for better questions and a more systemic approach to addressing the challenges facing businesses today.
Key Moments
00:59 What does it mean to be a good business?
04:42 Disconnects and challenges in the business world
05:12 Rating agencies and the limitations of transparency
06:32 Tension between shareholder value and other objectives
07:31 The need for a better conversation about business in society
08:01 The problem with stakeholder rhetoric
09:26 Moving from transparency to accountability
10:55 The limitations of rating agencies
11:24 The challenges of measuring ESG performance
12:47 The problems with corporate advocacy
13:39 The fantasy of transparency leading to accountability
20:05 The role of business in society
22:02 The need for companies to manage their negative impacts
23:15 Holding companies accountable through employees and social media
24:36 The qualities of effective leaders in driving change
26:28 The challenge of changing entrenched thinking at the top
27:53 When CEOs and leaders should speak out on social and political issues
29:32 The importance of having a process for making decisions on contentious issues
34:39 The ingredients of a healthy culture
37:02 The need for organizations to make a conscious choice to transform
40:06 The challenges and uncertainties of the future
Music credit: David Cutter Music / @dcuttermusic
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Anand Menon is a Professor of European Politics and Foreign Affairs at Kings College London, director of the UK in a Changing Europe (an initiative that aims to make the findings of social scientific research available and accessible to all non-academic audiences interested in Brexit, the Brexit process and its implications), an associate fellow of Chatham House and Senior Associate member of Nuffield College, Oxford and co-editor of the journal West European Politics.
Summary
This conversation explores the history, dynamics, and external factors influencing the UK-EU relationship, with a focus on Brexit. The conversation begins with the drivers and history of Brexit, including the UK's skepticism towards the EU and contingent factors such as the Eurozone crisis and migration. The discussion then delves into the current dynamics of the UK-EU relationship, the success or failure of Brexit, and the impact of external factors such as NATO and conflicts. The conversation also covers the UK-EU Divergence Tracker, the importance of regulatory alignment, and the future of UK-EU relations.
Key Moments
00:57 The History and Drivers of Brexit
08:24 The Method of Decision-Making: Referendum
09:22 Brexit: Success or Failure?
16:23 The Windsor Framework and the Northern Ireland Protocol
19:44 The Importance of UK-EU Regulatory Alignment
22:08 The Motivation for UK-EU Influence
27:43 The Role of International Organizations (NATO and the UN)
28:13 The Role of World Powers (USA and China)
38:19 Collaboration and Cooperation in Conflicts (Ukraine, Russia, Israel, Hamas)
40:35 The Future of UK-EU Relations
Music credit: David Cutter Music / @dcuttermusic
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Michael Haenlein is a leading expert on the impact of new technologies on firms and consumers, a Professor of Marketing at ESCP Business School, and holds Visiting Positions at Kozminski University in Warsaw and Trinity Business School in Dublin. He examines issues such as video gaming, mobile gaming, artificial intelligence, social media, and influencer marketing and has published over 50 articles in academic and practitioner-oriented journals. As a consultant, he has worked with many international companies in various industry sectors, such as telecommunications, financial services, technology, and private equity.
Summary
Professor Haenlein discusses the future of social media, the shift towards authenticity and interactivity, the impact of social media on relationships and trust, and the responsibility of social media platforms. He also explores the consequences of social media on mental health and polarisation, the perception of distraction and overstimulation, the rise of streaming and individual content creators, and the disruption of traditional media organisations. The conversation highlights the challenges of content creation and quality, as well as the concentration of platforms and the democratisation of content creation.
The conversation then explores gaming as a form of entertainment, debunking misconceptions and highlighting its size and reach. It delves into the time consumption and active engagement in gaming, as well as the social connections and virtual world it offers. The discussion also touches on advertising in games and the potential gamification of TV and films. The impact of AI on customised entertainment is explored, and the importance of understanding new technologies through personal use is emphasised.
Key Moments
01:27 The Future of Social Media
04:24 Authenticity and Interactivity in Social Media
13:11 The Impact of Social Media on Trust and Misinformation
20:32 The Design and Responsibility of Social Media Platforms
23:56 The Consequences of Social Media on Mental Health and Polarization
26:12 The Perception of Distraction and Overstimulation
30:29 The Rise of Streaming and Individual Content Creators
36:18 The Disruption of Traditional Media Organizations
40:34 The Challenge of Content Creation and Quality
47:32 The Concentration of Platforms and Democratization of Content Creation
51:43 Gaming as a Form of Entertainment
52:39 Misconceptions about Gaming
53:40 Size and Reach of the Gaming Industry
54:07 Time Consumption in Gaming
55:33 Active Engagement and Social Connections in Gaming
56:29 Gaming as a Virtual World
57:23 Advertising in Games
01:01:13 Gamification of TV and Films
01:02:37 AI and Customized Entertainment
Music credit: David Cutter Music / @dcuttermusic
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Dr. Felix Gille is a leading expert on trust in the healthcare system and a research scientist at the University of Zurich. Dr. Gille's work is widely published in top academic journals, and he has recently published his first book, What Is Public Trust in the Health System?
Summary
Dr. Felix Gille discusses the concept of trust and its importance in the healthcare system. He explains that trust is a relational construct between individuals and that it is built through positive shared experiences and reputation. Dr. Gille distinguishes between individual and public trust, highlighting that public trust is a relationship between the public and the state. He emphasises the significance of public trust in the healthcare system, as it leads to legitimacy and participation. Dr. Gille also explores the challenges and strategies for fostering public trust, including clear communication, system guarantees, and autonomy.
Additionally, he discusses the concept of trust in artificial intelligence in healthcare and the need for a coherent understanding of trust in AI. This conversation explores the importance of trust in healthcare and how it can be built and maintained. The discussion highlights the role of communication, transparency, patient-centric care, and technology in fostering trust. It also addresses the challenges to trust in healthcare and proposes trust as a performance indicator. Overall, the conversation emphasises the significance of trust in improving healthcare outcomes and calls for its integration into the healthcare system.
Key Moments
01:23 Understanding Trust
11:31 Public Trust in the Health System
19:45 Demographic Attitudes towards Trust in the Health System
22:09 Attitudes towards Data Sharing
28:17 Fostering Public Trust in the Health System
41:13 Trust in the COVID-19 Vaccine
47:01 Trust in Artificial Intelligence in Healthcare
Music credit: David Cutter Music / @dcuttermusic
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Professor Alexander Wagner is one of the world's leading financial economists, a Professor at the Department of Banking and Finance of the University of Zurich (UZH) and a senior chair of the Swiss Finance Institute (SFI). Professor Wagner has taught corporate finance to thousands of students and hundreds of executives, and he has helped shape the governance systems of companies, large and small. He is the Chairman of the Executive Education of the UZH Faculty of Business, Economics, and Informatics and Co-Head of the UZH Center for Crisis Competence. He has served as chairman of a proxy advisor and as an independent counsel for PwC. His research focuses on corporate finance, sustainable finance, and behavioural economics.
Key Moments:
01:16 Professor Wagner's Research Interests
03:12 Impact of Surprise Elections on Stock Market
19:02 Why Do Share Prices of Companies Change?
23:50 Connection between Financial Crisis and COVID Deaths
40:12 Do Investors Care About Biodiversity?
Music credit: David Cutter Music / @dcuttermusic
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