{"id":38866,"date":"2023-10-20T14:59:23","date_gmt":"2023-10-20T14:59:23","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/microsoft-ceo-satya-nadella-on-our-worlds-future-trust-is-the-new-currency-startupsmart\/"},"modified":"2023-10-20T14:59:23","modified_gmt":"2023-10-20T14:59:23","slug":"microsoft-ceo-satya-nadella-on-our-worlds-future-trust-is-the-new-currency-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/microsoft-ceo-satya-nadella-on-our-worlds-future-trust-is-the-new-currency-startupsmart\/","title":{"rendered":"Microsoft CEO Satya Nadella on our world’s future: \u201cTrust is the new currency” – StartupSmart"},"content":{"rendered":"
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\u201cTrust is the new currency when it comes to digital technology,\u201d says Microsoft CEO Satya Nadella.<\/p>\n

Speaking at a Microsoft Australia developer event in Sydney, Nadella called for greater democratisation of artificial intelligence and new computing to empower all people to become creators in the digital age.<\/p>\n

In the last decade, Nadella says technology was about consumption, but that is about to change.<\/p>\n

\u201cIn the next ten years, there\u2019s going to be more of a balance between the creation and consumption of technology,\u201d he says.<\/p>\n

\u201cThe opportunity is enormous, the question is really how do we step up to take the responsibility to have broad impact?\u201d<\/p>\n

The responsibility of developers to democratise technology<\/h3>\n

From day one when Bill Gates established Microsoft, Nadella says the heart of the company has been about enabling people through technology.<\/p>\n

Read more: Melinda Gates on the “enormous mistakes” the tech sector must avoid<\/strong><\/a><\/em><\/p>\n

This, he says, is what drives them and informs every decision, especially now, as the balance of tech creators to consumers is changing.<\/p>\n

\u201cI\u2019m a product of democratisation of Microsoft,\u201d Nadella says.<\/p>\n

\u201cThis company does what it does to bring technology to all sectors of the globe.\u201d<\/p>\n

While it\u2019s important to push the envelope on digital technology, Nadella says developers must consider the people who will eventually benefit from the products or services created.<\/p>\n

\u201cEvery developer has both that opportunity and also the responsibility to create surplus in our economy,\u201d he says.<\/p>\n

\u201cWhat developers are able to do with these new computers and new platforms to have real impact is what gives us meaning to the work that we do.\u201d<\/p>\n

Every business should think digital<\/h3>\n

With the emergence of artificial intelligence, new computers, smart devices and the internet of things, Nadella says all businesses, from retail and insurance through to healthcare and mining should start embracing these developments to succeed.<\/p>\n

\u201cYou do want to think of yourself as also being in a digital business,\u201d he says.<\/p>\n

\u201cThings like machine learning and artificial intelligence are not just for consumer internet companies.\u201d<\/p>\n

Nadella, who fulfilled a lifelong dream by walking on the Melbourne Cricket Ground this week, says innovative sporting companies like Cricket Australia are now setting an example of this.<\/p>\n

\u201cI was glad to see how cricket Australia plans on using machine learning,\u201d Nadella says.<\/p>\n

\u201cThe idea that developers can bend the performance of even cricket players is one of the most empowering things I have seen in my life.\u201d<\/p>\n

What world do you want to build?<\/h3>\n

Innovation with purpose is fundamental for a better and more empowered world, Nadella says.<\/p>\n

Creating technology with the purpose of enabling every person on the planet, is what led them to initiatives like\u00a0Seeing AI, a project headed by Saqib Shaikh, a Microsoft developer who lost his sight when he was seven years old.<\/p>\n