Predictive analytics in marketing is broken. More specifically, predictive analytics at the macro level – like what consumers are going to purchase, how they plan, anticipating demand, etc. is badly broken. And it has been since March 2020. Here’s why. By its very nature, forecasting and predictive analytics rely on historical data. The more stable…
Things never vanish. They do go into a state of decline, and that decline can be non-viable economically. For example, I own a bread machine. Do I still buy bread? Yes, but not as much. Bakeries still exist, but their profit margins are more constrained than they would be if bakeries didn’t exist. Theater still…
Say goodbye to at least 30% of tasks. The World Economic Forum’s latest 290-page whopper, The Future of Jobs Report, had this rather stunning graphic. It shows: – Today, 47% of tasks are human only – 30% are human/machine hybrid – 22% are machine only By 2030, according to their survey: – 33% of tasks…
Summary In today's episode, I walk through the three levels of product market fit, done for you, done with you, and done by you, and why your business needs offerings at every level. Here's what this means for you. You gain a simple framework for matching customer budgets to services during economic uncertainty without resorting…
The ethics of models are particularly tricky because (and I am NOT a lawyer) the models themselves aren’t the infringement per se. At least in the US and most places, works generally fall in 2 buckets: – Derivative: the produced work is clearly a derivation of the original. I paint cat ears on the Mona…
Summary In today's episode, I break down whether we are currently in an AI bubble by applying the five classic signs of a market bubble to today's landscape. Here's what this means for you. You will see why the AI market shows clear bubble characteristics today and learn how a potential burst could affect your…
Summary In today's episode, I explore whether AI is the final nail in the coffin for America's outdated, overpriced higher education system. Here's what this means for you. You face an existential career shift because AI now performs the entry-level tasks universities once trained you to do, which forces you to become a conductor of…
In today’s episode, we’re tackling a big concern for many workers: how will AI reshape the workforce? You’ll get clear insights into the potential changes in the near future. You’ll learn how to assess your own job’s risk and the proactive steps you can take to stay ahead of the curve. Don’t miss this essential…
