Q96 What Is Future Value in the AI Era?
Chapter 10 Society and the Future
The Short Answer
Future Value is the value of creating, together with people, a future that does not yet exist.
Unpacking the Question
In the AI era, what is Future Value?
Future profits?
A future stock price?
I believe it is more than that.
Profits and stock prices appear as the results of Future Value.
They are not Future Value itself.
Future Value is the value of creating, together with society, a future that does not yet exist.
"How wonderful if this future came true."
In that thought, people place their expectations.
People come to share in it.
And then allies gather,
customers gather,
investors gather,
and society as a whole begins to move.
Expectations for the future are invisible to the eye.
Yet they are the greatest force behind a company's growth.
In Future Value Theory, we hold that corporate value is determined not by past results, but by Future Value.
Of course, past results matter.
But what people invest in is not the past.
Where people want to work is not the past, either.
What people want to root for is the future about to be realized.
That is why a company must not chase profit alone—
it must envision a future that society wants to hope for.
Future Value is a promise to the future.
And the more people believe in that promise,
the greater a company's value— and its influence on society— will become.
Implications for Management
Future Value is the value of creating a future that does not yet exist.
To raise corporate value, what matters is envisioning not only present results, but a future people want to hope for.
That expectation for the future becomes the force that gathers people, gathers capital, and sustains the company's growth.
How Would You Answer?
What Future Value are you creating— the kind people want to hope for?
And that future— with whom do you want to realize it?