Every generation needs a revolution - an entrepreneurial revolution
A site for recollection and reemphasis of entrepreneurship and sound business practices A crucible for theory and practice of business entrepreneurship
Showing posts with label AI. Show all posts
Showing posts with label AI. Show all posts
Saturday, June 29, 2024
How AI and new technologies will change the world (business opportunities)
Every generation needs a revolution - an entrepreneurial revolution
May be we will be talking about software and computers, and robots doing the following:
1. Making subtitles at video;
2. Creating websites;
3. Writing business plans, marketing plans ads
4. Creative work like architectural and engineering plans
5. Robotics to do domestic work
6. AI doing patient diagnosis and RX
7. Robots in factories, less human workers
8. Driverless taxis
9. Flying cars.
What will happen to humanity? Will human and machine in the future go to war?
Tuesday, May 28, 2024
Vulture investing - is it a good strategy?
Every generation needs a revolution - an entrepreneurial revolution
Is it good? This is bargain hunting, basement chasing, and or taking advantage of companies going belly up, or buying scrap from a closing business. Junk yard operators are such individuals, or car dealers specializing in vehicles from insurance company yard - buying totalled cars.
One such interesting spectacle is a young billionaire who sold his energy company for 10 numbers but who has invested in 1. Ailing media company whose franchise for free air TV has been cancelled and
2. Hacienda who have hundreds in millions of unpaid rpt, and even subject of agrarian reform.
Unless there is a new technology, high value crop, to be used in agri for the hacienda, or a new plan for the media company like being a data or AI center?
Is this vulture investing? Has the young billionaire made his due diligence.? Properly advised?
I would not go his way of investment. The risk for him are too great. Unless his purchase price is at
deep discount or bargain.
Monday, May 27, 2024
Artificial intelligence: boon or bane to humanity
Every generation needs a revolution - an entrepreneurial revolution
We are facing the greatest development in history of mankind: Artificial Intelligence. While it can boost our productivity (remove hours in thinking and analyzing problems) make manufacturing more efficient it poses threats as eradicating necessity for human labor and thinking altogether. Mr. Elon Musk, the richest man today, has expressed his fears about this. It is a scifi futuristic movie came alive (Terminator - man vs machine)
Various investments opportunities for AI is flooding the techie stock market. And yet there are difficulties ahead for jobs, economy and society. Are we ready for these?
As we are facing these challenges, safeguards, limits must be defined. And we here in LDC must immerse ourselves in AI and anticipate the challenges.
Are you immersed in AI practices and uses?
Are you prepared for this
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