Wednesday, May 3, 2023
Penn State Great Valley
This year's theme: Embracing Volatility: AI in Technology, Talent, and Planet
This year’s Phorum takes place in a context of inflation rates not seen since 1990; costs of capital higher than they’ve been at any of our previous gatherings; and prospects of a pivotal disruption of human capital, due to simultaneous changes in demographics and work practices, even as AI challenges whole classes of employment. Whether starting a company (and needing to interest investors who can get risk-free returns of better than 4%/year in T-Bills), or seeking approval for a technology acquisition (and facing headwinds of macroeconomic and geopolitical turbulence that were not being predicted a year ago), the rules of many games have changed. We’re glad to say, though, that the uniquely multi-disciplinary breadth and outreach of our Phorum program team are still in play, and we’ll be exploring intersectional challenges and opportunities including:
- How will roles be redefined when costs of tasks like programming and copywriting effectively go to zero?
- How will innovation get funded when AI-driven R&D gets more efficient, but capital costs are higher?
- How will we manage and govern AI-generated work in different industries, especially regulated ones?
- Where will infrastructure hit limits – and what will be the outcome of decentralization versus winner-takes-most?
- How will companies’ data assets become buy-ins to collaborations aimed at high-impact problems?
Wednesday, May 3, 2023
8:00 AM – Registration and Continental Breakfast
9:00 AM to 4:00 PM – Conference, Showcase, and Demo World
4:00 PM – Networking Reception
Penn State Great Valley Conference Center
PACT is committed to our attendees’ health and safety. Therefore, we are following CDC and local government guidelines regarding COVID-19. We recommend vaccinations, but they are not required for PACT events at this time. For updates, please visit our website at www.philadelphiapact.com.
Working agenda as of 4.11.23
Networking Breakfast & Registration
Demo Pit Pitches
Sponsored by: Bentley Systems and Osage Venture Partners
Conference Kick-off with Dean Miller, CEO, PACT & Emerging Technology Trends
We try to make every Phorum an over-the-horizon detector of imminent innovations. “Generative AI” has been foreshadowed in research (and controversy) since 1964, but its explosion into everyday use has taken place over mere months. What’s next? Conference chair Mike Bachman and Phorum regular Peter Coffee share and compare their views.
- Mike Bachman, Boomi
- Peter Coffee, Salesforce
Innovative Executives Discuss AI
Join our C-suite panel as they delve into the transformative impact of artificial intelligence on businesses across various industries, exploring the opportunities and challenges it presents. They will discuss the strategic integration of AI technologies into business operations, highlighting the importance of ethical considerations, data privacy, and security. These leaders will also share insights on fostering a culture of innovation, investing in talent development, and adapting to the rapidly evolving AI landscape. Furthermore, the panel will address the implications of AI on the future job market and the responsibility of businesses to ensure a smooth transition and workforce upskilling. The discussion will underscore the potential of AI to drive growth, enhance customer experiences, and revolutionize the competitive landscape, while emphasizing the need for responsible and sustainable AI adoption.
- John Cowan, Next Wave Partners
- Tristan Handy, dbt Labs
- Arlen Shenkman, Boomi
- Moderator – Caroline Yap, Google
Sponsored by: Comcast Business
Future of Healthcare and AI
Fueled by the recent uptake of generative AI platforms like OpenAI’s ChatGPT and Google’s BARD, the growth of artificial intelligence (AI) is moving from the background to the foreground of healthcare. AI is already being used to develop new digital health tools and technologies, such as chatbots, virtual assistants, and self-diagnostic tools. AI can also be used to improve the efficiency and accuracy of healthcare delivery. Everyone is experimenting with ways to enhance their own productivity and healthcare is no different. AI won’t replace healthcare workers, but it will replace ones that don’t use AI in order to better perform their jobs.
AI also has the potential to become more transparent and help address health inequities by finding undiagnosed patients or predicting disease in under-served populations. In R&D, we can now run AI across both identified and de-identified data sources and even at the edge to deliver new insights and discoveries that were previously impossible.
- Sean Lane, Olive AI
- Irene Rombel, PhD, BioCurie
- Matt Winkler, Takeda Oncology
- Moderator – Scott Snyder, PhD, Eversana and the Wharton School
Sponsored by: Ametek
Networking Lunch – Demos & Showcase
TALENT: Human Capital and the Role of AI
We’re used to a “talent pipeline” that flows from birth through workforce entry, with at least two-year latency from students choosing majors to earning entry-level degrees. What happens when generations of GPTs evolve in mere months? How do we educate, hire, and develop trainers and editors of AIs? Will AI be as much an educational solution as it is a workplace challenge?
- Samantha Bussard, Compass
- Vlad Coric, PhD, SEI
- Parth Thaker, Comcast
- Moderator – Allen Born, Fairmount Partners
Sponsored by: SEI
Technology Executive Roundtable Phorum Luncheon – AI-Powered Transformation: Revolutionizing Industries in 2023
Exclusive session by invitation only
Join industry executives for a luncheon discussion on the value of AI usage. Hear from experts on a cross-industry view of AI best-practices and its impact from hiring perspective, capital increase, and beyond. Explore the type of investments companies should be making to get the most out of AI, increase ROI, and gain valuable data insights. Learn about enterprise and education frameworks using conversational AI and delve into the benefits beyond benign bot-driven processes. Don’t miss this opportunity to learn about the transformative power of this always-evolving technology and how it can revolutionize your business. And how enterprises view next steps for AI adoption.
- Ed Macosky, Boomi
- Phil Moyer, Google
- Andy Santacroce, Tokio Marine North America Services
- Jing Wang, Vanguard
- Moderator – Arlen Shenkman, Boomi
Sponsored by Boomi
Stephen Wolfram on Generative AI – Fireside Chat
A pioneer in computational thinking, and in 1981 the youngest-ever recipient at that time of a MacArthur “genius grant,” Stephen Wolfram has been enlarging the scope of knowledge-based computation since he began developing his Mathematica system for technical computing in 1986. Few people are so thoughtful, and so illuminating, on the subjects of what these tools can and will do. Phorum is privileged to bring you his insights in a conversation with Peter Coffee, VP for Strategic Research at Salesforce.
Sponsored by: Fairmount Partners
AI: Risk Management and Legal Compliance
Who owns the training data and the output of generative AI? What opportunities do companies have to create IP using generative AI, and protect against claims from others? These topics and more are discussed in a fireside chat with the Co-Chairs of Fox Rothschild’s Technology Practice.
- Terry Kerwin, Fox Rothschild
- Jim Singer, Fox Rothschild
Sponsored by: Fox Rothschild
AI: Good vs Evil
Witness a gripping debate into some controversial aspects of artificial intelligence and its potential to either usher in an era of unparalleled abundance or spell doom for humanity. Join our speakers as they offer expert opinion on a range of topics about AI. They will examine AI’s undeniable promise to solve global challenges, enhance human capabilities, innovate education, transform healthcare, and elevate the quality of life for all. They will also peer into the dark side of AI, discussing concerns over the development of autonomous weapons, the loss of privacy, inequality, and the potential for AI to be weaponized by malicious actors. As they grapple with these conflicting perspectives, the panelists will challenge the audience to confront their own beliefs about the role of AI in shaping the future of our species.
- James Thomason, The Next Wave
- Ethan Mollick, PhD, Wharton
- Caroline Yap, Google
- Moderator – Mike Bachman, Boomi
Sponsored by: Vanguard
Wrap Up & Demo Pit Best in Show
Putting It All Together – Emergence and Expectation
Having started our day with what’s “emerging,” we’ll end with some thoughts on what may be “emergent” – what happens when simple changes combine in unexpected ways. What does this year’s Phorum offer us in potential emergent opportunities – and challenges? Peter Coffee delivers his annual, real-time endnotes on our day and shares a pre-recorded conversation from earlier this week with Esther Dyson, founding chair of the global Internet coordinator ICANN and multi-decade thought leader and angel investor.
- Peter Coffee, Salesforce
- Esther Dyson, EDventure Holdings
Sponsored by: Bentley Systems and Osage Venture Partners
2023 ADVISORY BOARD
Director, Internet & Cloud Investment Banking
Corporate Initiatives Manager
Division Director – Information Systems
Global Architect & Principal Technologist
Vice President and Head of Platform Research
EVP & Global Head of Private Banking
Chief Digital Officer
Osage Venture Partners
Head of Identity and Access Management
Fox Rothschild LLP
Co-Founder – Product & Venture Investments
Vijay Kumar, Ph.D.
Nemirovsky Family Dean
University of Pennsylvania
The Phorum Demo Pit features the region’s hottest early-stage companies that are providing cutting-edge innovation. Demo Pit was created to allow startups to connect with C-level enterprise decision-makers attending Phorum. In addition to showcasing their technology in the Pit, each Demo Pit participant will present their company to a panel of judges and the Phorum audience. One will be names “Best in Show” and will receive the 12th annual Phorum Phorward Award. Since our inaugural event, past participants have gone on to raise more than $350M in capital, with three of the ten successfully completing exits to strategic acquirers.
2023 DEMO PIT FINALISTS
2022 — Nerdwise
2021 — Sweft
2020 — boodleAI
2019 — Crossbeam
2018 — Slyce
2017 — 51 Maps
2016 — RedOwl
2015 — Tesorio
2014 — SocialLadder
2013 — PeopleLinx
2012 — Cloudamize