
S01E08 Rishad Tobaccowala
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About this listen
Background
Rishad Tobaccowala, a global strategist, spearheaded digital transformation at Publicis Groupe for 37 years. Now a speaker, advisor, and author of Rethinking Work and Restoring the Soul of Business, he guides leaders on technology and human values. His Substack, with 30,000+ subscribers including global CxOs, offers sharp insights. Key lessons from his work include decentralizing work, empowering talent over capital, and building trust through integrity in an AI age.
Highlights
- Peak Jobs Are Over: By 2030, U.S. jobs could drop by a third due to automation, but work will explode outside traditional roles, driven by a 1.6 fertility rate and technologies like AI and blockchain.
- Five Forces Unbundling Work: Societal/demographic shifts, technology (AI, blockchain, XR), marketplaces (Upwork, Etsy), gig work, and COVID’s redefinition of purpose decentralize work.
- Trust as Currency: AI becomes table stakes; trust, built on integrity (aligned words, beliefs, actions, and truth), sets brands and leaders apart.
- Talent Trumps Capital: Technology empowers individuals to own content and data via platforms like Substack and blockchain, shifting power to “companies of one.”
- 2027 Ecosystem: A “whales” (e.g., NVIDIA) and “plankton” (small firms) model emerges, with fewer employees and AI-driven strategies.
- “We’ve seen peak jobs… by the end of this decade, we will have maybe a third fewer jobs than currently exist.”
- “Trust is what somebody earns… integrity is when what you say, what you believe, and what you do are completely aligned. And is it true?”
- “Technology is the leverage that allows David to bring down Goliath. Power is moving to talent over capital.”
- “The future is already here, but it’s not evenly distributed… Talent is evenly distributed, but opportunity is not.” (paraphrasing William Gibson)
- Rethinking Work by Rishad Tobaccowala (HarperCollins): https://www.harpercollins.com/products/rethinking-work-rishad-tobaccowala
- Restoring the Soul of Business by Rishad Tobaccowala (HarperCollins): https://www.harpercollins.com/products/restoring-the-soul-of-business-rishad-tobaccowala
- Rishad Tobaccowala’s Substack: https://rishad.substack.com
- Rishad on LinkedIn: https://www.linkedin.com/in/rishadtobaccowala/
- Rishad’s website: https://rishadtobaccowala.com/
Music in this episode by More Ghost Than Man.
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