SPOS #859 – Joshua Gans On The Economics Of Artificial Intelligence

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 5 Managing Technology and Information.

Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #859. How does artificial intelligence affect the structure and dynamics of the global economy? What are the potential benefits and risks associated with artificial intelligence on the future of humanity? Joshua Gans is the co-author of the recently published book, Power and Prediction – The Disruptive Economics of Artificial Intelligence. He is also widely known as the co-author of Prediction Machines and over ten other books at the intersection of technology, disruption and economics. Joshua is a Professor of Strategic Management and holder of the Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the Rotman School of Management at the University of Toronto. He is also the Chief Economist at the Creative Destruction Lab and a Research Associate at the National Bureau of Economic Research. He is a leading expert in the field of economics, particularly in the areas of innovation, technology, and entrepreneurship. Along with book writing, he is a regular contributor to The New York Times, The Atlantic, and The Wall Street Journal. He has also done extensive work on entrepreneurship, the digital economy, and the management of intellectual property. Joshua is a recipient of the John Kenneth Galbraith Prize for his work on the economics of the digital economy and was recently named one of the world’s top 25 most influential economists by Bloomberg. Enjoy the conversation…

Source: SixPixels.com – podcast

Date: Dec 25, 2022

Link: https://www.sixpixels.com/podcast/archives/spos-859-joshua-gans-on-the-economics-of-artificial-intelligence/

Questions for discussion:

  • Summarize the key ideas about AI discussed during this episode.
  • Do you agree with the analysis and thinking suggested by Joshua Gans?
  • What are the implications for consumers and businesses?

A New Area of A.I. Booms, Even Amid the Tech Gloom

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: An investment frenzy over “generative artificial intelligence” has gripped Silicon Valley, as tools that generate text, images and sounds in response to short prompts seize the imagination.

Source: NYTimes.com

Date: Jan 07, 2023

Link: https://www.nytimes.com/2023/01/07/technology/generative-ai-chatgpt-investments.html?

Questions for discussion:

  • Why is there so much excitement about this latest development in AI technology?
  • What are some of the potential product applications?
  • Can some of these become disruptors in an industry?

Miller High Life unveils leg lamp beer tower inspired by ‘A Christmas Story’

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: Miller High Life is paying tribute to “A Christmas Story” with the release of a leg lamp reminiscent of the fishnet-adorned decor from the holiday classic, according to a press release. The piece will be on sale for $120 starting Dec. 9 while supplies last.

Source: MarketingDive.com

Date: Dec 06, 2022

Link: https://www.marketingdive.com/news/miller-high-life-christmas-story-major-award-beer-tower/638067/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-12-06%20Marketing%20Dive%20Newsletter%20%5Bissue:46477%5D&utm_term=Marketing%20Dive

Questions for discussion:

  • What are the pros and cons of this promotional strategy?
  • Do you think other companies could follow a similar approach?

Why Many Entrepreneurs Fear Success — and How They Can Overcome It

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: Do you have a fear of what it really means to get to the next level and exit the cozy blanket that is your current reality?

Source: Entrepreneur.com

Date: Dec 06, 2022

Link: https://www.entrepreneur.com/living/how-to-stop-fearing-success/438979

Questions for discussion:

  • What do you think about this analysis?
  • Do you think it may explain why so many entrepreneurs fail?

Shoppers Are Feeling The Inflationary Pinch As The Holidays Approach

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: Consumers are feeling far from optimistic as we get closer to the holidays, according to Jungle Scout’s Q4 Consumer Trends report. Of U.S. shoppers, 80% believe the country is headed for a recession, and 93% have noticed higher prices in their day-to-day spending. In addition, 83% say rising inflation has affected their spending. And 69% are worried about their finances.

Source: MediaPost.com

Date: Dec 06, 2022

Link: https://www.mediapost.com/publications/article/380422/shoppers-are-feeling-the-inflationary-pinch-as-the.html

Questions for discussion:

  • What does the report say about consumer concerns and behavior at this time?
  • What can businesses do to counter this thinking?

Inflation: From missing family time to making food, Canadians are cutting back

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: It has not been an easy year for Canadians financially. Decades-high inflation and soaring interest rates have led many to take a closer look at their spending habits and, consequently, make some tough choices.

Source: BNNBloomberg.ca – video report

Date: Dec 09, 2022

Link: https://www.bnnbloomberg.ca/inflation-from-missing-family-time-to-making-food-canadians-are-cutting-back-1.1857130

Questions for discussion:

  • What does the report say about the effect inflation is having on consumers and businesses?
  • Have you been affected by inflation?
  • How have you adapted?
  • What does your change in behavior mean for businesses you deal with?

Will U.S. Holiday Shoppers Reward Companies for Doing Good?

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: The recent Bentley-Gallup Force for Good study found that most Americans are willing to pay a premium for products from companies that have a reputation for doing good. Specifically, majorities of at least 60% said they would be willing to pay extra for a simple consumer good — a T-shirt — if the company that made it was known for making a positive difference in four specific areas.

Source: Gallup.com

Date: Dec 07, 2022

Link: https://news.gallup.com/opinion/gallup/405794/shoppers-reward-companies-doing-good.aspx

Questions for discussion:

  • What does the research say about consumer decisions and management strategies?
  • How should companies use this information, in your opinion, to advance the firm’s brand?

Tim Cook says Apple will use chips built in the U.S. at Arizona factory

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: CEO Tim Cook confirmed that Apple will buy U.S.-made microchips at an event in Arizona on Tuesday, where President Joe Biden also spoke.

Source: CNBC.com – video report

Date: Dec 06, 2022

Link: https://www.cnbc.com/2022/12/06/tim-cook-says-apple-will-use-chips-built-in-the-us-at-arizona-factory.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

  • Why is Apple doing this?
  • What are the implications for future global supply channels?
  • What does this decision signal to other industries, in your opinion?

SPOS #852 – Tom Peters On What Truly Matters At Work

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #852. There are few true business thinkers that have impacted my life – at every twist and turn – in the way that Tom Petershas. He is the patron saint of management strategy and business thinking. Full stop. When I think of Tom Peters, there is only one word that comes to mind: Legend. He is that. He is the “oracle of business” to me, personally (and for many others) when it comes to business, business book writing, public speaking, personal branding, and how to show up. If you want to know how much his work and thinking has impacted my life, you can click back about ten years to when I wrote a very public love letter to him (here it is: Dear Tom Peters). From the moment I first read The Project 50 – close to twenty years ago – to every book, program and article that he’s put out, I have been a fan. To say that I studied his public speaking style and adopted it for my own would not be a lie. A bio for Tom Peters? Where to begin? In 1982 he co-authored the seminal business book, In Search Of Excellence, which has been named one of the top three business books of the century by NPR. For my dollar, he’s changed almost everything I thought I knew about business through a series of books called, The Reinventing Work Series 50 List Books. In 2003, I devoured Re-Imagine! Business Excellence In A Disruptive Age, and it still sits within arm’s reach on my desk (one of the only books to do so). In 1987 he wrote the article, The Brand Called You, in Fast Company and it – literally – ushered in the era of individuals as brands (so, don’t believe those who think that they created the notion of a personal brand… it was Tom). His list of accolades and awards could fill a book. About a year ago, he claimed that, Excellence Now – Extreme Humanism, would be his (gasp!) last book. Thankfully, he just published another gem: Tom Peters’ Compact Guide to Excellence. This is another one of Tom’s small books that packs a massive pop. It is filled with exhilarating quotes that will inspire you to recognize what truly matters at work. Tom compiled these gems of wisdom from those down in the trenches creating extraordinary places to work. In this episode, we discuss everything from new work spaces to equity, and what really matters as we toil through our work. I am also very proud that Tom is active on ThinkersOne. Enjoy the conversation…

Source: SixPixels.com – podcast

Date: Nov 06, 2022

Link: https://www.sixpixels.com/podcast/archives/spos-852-tom-peters-on-what-truly-matters-at-work/

Questions for discussion:

  • Summarize the highlights of this conversation with Tom Peters.
  • What did you find particularly interesting and worthwhile for today’s business people to know about?

Pepsi brings ‘Pilk’ to the masses with Lindsay Lohan holiday ad

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: Pepsi is promoting an unusual concoction for the holiday season with help from Lindsay Lohan, according to a news release.

Source: MarketingDive.com – video report

Date: Nov 21, 2022

Link: https://www.marketingdive.com/news/pepsi-holiday-marketing-Lindsay-Lohan-dirty-soda-TikTok/637734/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-12-01%20Marketing%20Dive%20Newsletter%20%5Bissue:46373%5D&utm_term=Marketing%20Dive

Questions for discussion:

  • What do you think about this product concept?
  • Do you think Pepsi risks damaging its brand with this concoction or that the TickTock publicity would be good no matter what people may think about the mix?