Hollywood spent decades teaching us to fear AI. Now AI is coming for Hollywood, an interesting way of ironies writing themselves. - Peter Diamandis

With the smart grid for energy and the smart grid for water — what's technically called resource consumption optimization — we're seeing the second wave. Next up is the automation and control of far more complex autonomous systems — such as self-driving cars.

The road to bold is paved with failure, and this means having a strategy in place to handle risk and learn from mistakes is critical.

A recent RAND Corporation report illustrates these points precisely, finding that preventable medical errors in hospitals result in tens of thousands of deaths per year; preventable medication errors occur at least one and a half million times annually; and, on average, adults receive only 55 percent of recommended care, meaning that 45 percent of the time, our doctors get it wrong.