Ep 90: Rich Sorkin, Co-Founder & CEO of Jupiter Intelligence
Today's guest is Rich Sorkin, Co-Founder & CEO of Jupiter Intelligence. Jupiter provides data analytics to help governments, corporations, and society manage risks from climate change, natural disasters, and sea level rise. Led by industry veterans and distinguished experts from across disciplines, the firm offers services to predict weather risks from one hour to 50 years into the future. In his three-decade-long career as a Silicon Valley serial entrepreneur, Rich has led breakthrough companies in numerous industries. He has focused on commercializing transformative technologies, with a significant concentration on financial services, energy, media, politics, and the environment. It's great to hear what Jupiter is doing in this area and learn more, not only about Jupiter and their role, but also about the topic of adaptation and resiliency in general, where we are, where we need to be, and how to get there. Enjoy the show! You can find me on twitter @jjacobs22 or @mcjpod and email at [email protected], where I encourage you to share your feedback on episodes and suggestions for future topics or guests.
Inevitable · Rich Sorkin, Jason Jacobs
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Show Notes
In today’s episode, we cover:
- Jupiter and its mission
- Rich’s journey from data analytics to climate change
- Parallels between the opportunity around cybersecurity and climate change
- The importance of physical climate risk
- How Jupiter initially narrowed its focus on flood risk
- How Jupiter develops a “peril model” to assess the risk of flooding and fires
- Profile of Jupiter’s customers
- How critical infrastructure companies represent a major customer
- Why insurers are not the ones who bear the financial risk of worsening climate disasters
- Corporate indictments as a symptom of unaddressed climate risk
- The U.S.’ “armed lifeboat diplomacy”
- Jupiter’s nonprofit work
- Resilience planning in the face of climate-related catastrophes
- The need to restrict land use in at-risk areas
Links to topics discussed in this episode:
- Jupiter Intelligence: https://jupiterintel.com/
- PG&E bankruptcy: https://www.nytimes.com/2020/01/22/business/energy-environment/pge-bankruptcy-newsom.html
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*Editing and post-production work for this episode was provided by The Podcast Consultant