This conversation is about the importance of standards in technology and how the Object Management Group (OMG) develops and maintains standards. Mike discusses the challenges of keeping up with the pace of technological change and how OMG's standards process helps to ensure that standards are stable and well-thought-out.

Mike also discusses the potential for standards to help with the development of new technologies, such as artificial intelligence (AI) and blockchain. They argue that standards can help to ensure that these technologies are used in a responsible and ethical way.

Here are some key points from the conversation:

Standards are essential for interoperability and ensuring that different technologies can work together.
The OMG's standards process is designed to be stable and well-thought-out, while still allowing for incremental change.
Standards can help to ensure that new technologies are used in a responsible and ethical way.

Overall, the conversation highlights the importance of standards in technology and the role that OMG plays in developing and maintaining these standards.

Here are some specific examples of standards that were discussed in the conversation:

XBRL (eXtensible Business Reporting Language) is a standard for exchanging financial information.
ontologies are formal definitions of the meanings of concepts.
Explainable AI is a type of AI that can explain its own decisions.

The conversation also touches on the following topics:

The speed of technological change
The challenges of developing standards for new technologies
The potential for standards to help with the development of new technologies
The ethical implications of new technologies

Finally, get your exclusive free access to the Industrial Academy and a series on “Why You Need To Podcast” for Greater Success in 2023. All links designed for keeping you current in this rapidly changing Industrial Market. Learn! Grow! Enjoy!
MIKE BENNETT'S CONTACT INFORMATION:
Personal LinkedIn: https://www.linkedin.com/in/mikehypercube/

Company LinkedIn:  https://www.linkedin.com/company/omg/

Company Website: https://www.omg.org/
PODCAST VIDEO:
https://youtu.be/RDeSKJ0FoiY
THE STRATEGIC REASON "WHY YOU NEED TO PODCAST":

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NEOM: https://www.neom.com/en-us

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Arduino: https://www.arduino.cc/

Fictiv: https://www.fictiv.com/

Hitachi Vantara: https://www.hitachivantara.com/en-us/home.html

Industrial Marketing Solutions:  https://industrialtalk.com/industrial-marketing/

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