--- title: "Podcast Episode 65: The World Becoming Automagical" description: Peter and Dan discuss the recent bankruptcy of retail giant Sears. After being in business for 132 years, converging exponential technologies ultimately led to Sears’ downfall. image: https://www.diamandis.com/hubfs/Podcast%20Stills/190217%20Homepage%20EW%2016x9.jpg --- # Podcast Episode 65: The World Becoming Automagical February 18, 2019 2 min read ## **[Episode 65: The World Becoming Automagical](https://podcast.diamandis.com/2019/02/18/episode-65-the-world-becoming-automagical/)** ## **February 18, 2019** ![Episode 65 Card](https://www.diamandis.com/hs-fs/hubfs/Podcast%20Stills/Episode%20Cards/Episode%2065%20Card.jpg?width=150&name=Episode%2065%20Card.jpg)Peter and Dan discuss the recent bankruptcy of retail giant Sears. After being in business for 132 years, converging exponential technologies ultimately led to Sears’ downfall. They discuss the future of retail, in which Artificial Intelligence knows everything and the experience is “automagical.” As the world is automated, Artificial Intelligence will be able to leverage large data sets to predict exactly what you want.** ** **In this episode:** - Peter describes the transformation of the retail experience. In the past, you might think of something you need, look it up in the Yellow Pages and then go to the store to see if it was in stock. In the future, you might instead have a frictionless conversation with your AI assistant, which is always listening and knows your preferences. - Dan and Peter talk about the fact that every company will eventually go bankrupt. If you’re not constantly trying to fundamentally reinvent your company now, how can you make a massive change? - Peter gives the example of ExP Worldwide, a company that went from the 2008 real estate crisis to reinventing as a fully virtual company with zero offices and a virtual campus for staff to meet online. [http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_65_The_World_Becoming_Automagical.mp3](http://content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_65_The_World_Becoming_Automagical.mp3) Podcast: [Play in new window](http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_65_The_World_Becoming_Automagical.mp3) | [Download](http://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_65_The_World_Becoming_Automagical.mp3) ## **Subscribe: [iTunes](https://itunes.apple.com/us/podcast/exponential-wisdom/id1001794471) | [Android](http://subscribeonandroid.com/podcast.diamandis.com/feed/podcast/) | [RSS](https://podcast.diamandis.com/feed/podcast/)**   - [Tweet](https://twitter.com/share) **Tags:** [Podcast](https://www.diamandis.com/blog/topic/podcast) [Exponential Wisdom](https://www.diamandis.com/blog/topic/exponential-wisdom) #### Written by: [Peter H. Diamandis](https://www.diamandis.com/blog/author/peter-h-diamandis) ![Peter H. Diamandis](https://www.diamandis.com/hubfs/Peter-Diamandis-Headshot%20copy.jpg) **Previous Post** [ Longevity & Vitality Part 4: The Next Data-Driven Healthtech Revolution ](https://www.diamandis.com/blog/longevity-blog-part-4-data-driven-healthtech) **Next Post** [ Abundance Insider: February 22nd, 2019 ](https://www.diamandis.com/blog/abundance-insider-feb-22nd-2019) ##### My New Longevity Guidebook Now Available! ![Longevity Guidebook 3D with spine800_NO_shadow](https://www.diamandis.com/hs-fs/hubfs/Diamandis_March_2017-Theme/Longevity%20Guidebook%203D%20with%20spine800_NO_shadow.png?width=814&height=1279&name=Longevity%20Guidebook%203D%20with%20spine800_NO_shadow.png) [ Get Your Copy Now! ](https://longevityguidebook.com/?utm_source=diamandis.com&utm_medium=referral&utm_content=diamandis-home-hero) ### Featured ![laws-small-Jun-20-2021-11-57-03-22-PM](https://www.diamandis.com/hs-fs/hubfs/Imported_Blog_Media/laws-small-Jun-20-2021-11-57-03-22-PM.jpg?width=139&height=209&name=laws-small-Jun-20-2021-11-57-03-22-PM.jpg) ##### Peter’s laws The 28 laws that have guided Peter to success. [ See Peter's Laws ](https://www.diamandis.com/peters-laws) ##### SIGN UP FOR UPDATES ## Insights in your inbox The latest insights on exponential technologies and entrepreneurship delivered straight to your inbox. [ Subscribe ](https://www.diamandis.com/newsletter)