Who We Are
New Sapience has developed a unique patented technology; an unprecedented third branch of Artificial Intelligence. The company’s sapiens technology is a development platform for domain-specific applications jointly developed with our customers, as well as our own products for business and consumers. We believe our technology can develop applications for every market where knowledge and comprehension in machines enhances existing, or creates new, capabilities.
More than twenty years ago, our founder articulated a vision for what a corporation should be that was a departure from traditional business wisdom holding that a company’s only duty was to maximize shareholder value. He proposed that, while that is a company’s first duty, focusing on that alone is not the only thing shareholders really want. A company is a corporate entity of people, including shareholders, management, employees, customers as well as the community and culture that nurture them. All these groups have an interest in the company’s success and the company that finds the best balance to serve all of them will have the most success in the long-term. Decades later, we see more and more investors expressing interest in companies that create products and services consistent with their personal values such as sustainability and social responsibility. This is termed ESG investing (Environment, Social, Governance) and is now mainstream.
In 2020, a group of the nation’s top CEOs redefined the role of corporations in American society, moving away from the notion that large companies should focus primarily on maximizing profits for shareholders. In a revised “Statement on the Purpose of a Corporation,” signed by 181 CEOs of the Business Roundtable, which represents the heads of the nation’s top companies, said corporations should be focused on “all stakeholders” when making decisions. It is gratifying to see this vision gaining traction.
Techology Uplifting Humanity
Salim Ismail, in his bestselling book Exponential Organizations, describes a new type of organization that is reinventing best business practices. Such companies have the potential to grow exponentially in value and in revenue without corresponding growth in staff or costs. We believe New Sapience is such a company. Like others described by Ismail, we are driven by a vision of how our technology could change the world; our “Massively Transformative Purpose.”
The world-changing results of AI in general and Artificial General Intelligence (AGI) in particular, have been the subject of enormous amounts of hyperbole and exaggerated claims even by many its practitioners, and the degree to which journalists and Hollywood have fanned such flames is probably unequalled since the advent of nuclear power.
We have no desire to add more noise to this clamor, yet at a time when some of the most respected scientists and technologists like Stephen Hawking, Bill Gates, and Elon Musk are calling for caution with respect to AGI research, it is necessary to demonstrate that we have thought deeply about the consequences of what we are doing.
The Faces Behind our Technology
Meet Our Team