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The Value Economy, AI Adoption Challenges, and the Pasta Revolution

The Money’s In The (business) Model

Katie Burkhart, co-founder of MatterLogic, explains how businesses can embrace a value economy. She shares five key shifts businesses must make to embrace the economy. These shifts include: Redefine why you exist, treat your team as human beings, and reimagine productivity. https://www.socialmediaexaminer.com/how-to-show-the-value-of-your-agency-services/ 

Sometimes a business model or specialization is enabled by capital rather than customer demand or other more tangible factors. Or, in the case of zero interest rates, access to low-cost capital. https://newsletter.pragmaticengineer.com/p/zirp-software-engineers 

Clayton Christensen’s theory of disruption is that companies focus on their current best customers and improve the product for them. He says a new entrant comes in with a cheaper product that serves the underserved segment with an inferior product that is good enough and gets better over time, disrupting the incumbent. This article argues that expensive-and-great products prove Chistensen wrong. https://techcrunch.com/2024/01/30/what-if-christensen-was-wrong-about-disruption/ 

David Baker: “I’d be very cautious about adding a partner in the first place. Are you willing to be transparent about everything, including your own pay? Do you have disparate roles? Dragging it out sends the wrong signal…” https://punctuation.com/are-you-ready-to-add-a-partner/ 

BizDev, Baby

Bending Spoons, the acquire-and-squeeeeeeze kingpin that owns Evernote and a few other unfortunate businesses, has entered into an agreement to become the new owner of Meetup. Meetup has long been a useful bizdev channel for thoes wanting to intersect opportunity by being of service. Will be interesting to see what happens here over the medium term. https://www.meetup.com/blog/a-new-home-for-meetup/ 

AI Is Augmented (human) Intelligence

Only 10% of organizations have successfully launched gen AI solutions to production. Financial Services, Banking, Defense and Insurance emerge as the leaders in AI adoption. Education, Automotive and Telecommunications appear hesitant, with AI initiatives in their infancy. The larger the company, the harder it is to deploy AI. https://venturebeat.com/ai/study-finds-ai-revolution-moving-at-a-crawl-in-enterprises/ 

WPP is spending $318 million on AI this year, more than last year. The holding company is also completing a broader restructuring process. WPP will also be looking to save over $221 million through “efficiency opportunities” across its back office and other parts of the business, the company said. https://adage.com/article/agency-news/wpp-invest-318-million-ai-annually-mark-read-says/2539231 

Nightshade is a free downloadable tool created by computer science researchers at the University of Chicago. It was designed to be used by artists to disrupt AI models scraping and training on their artworks without consent. The tool has received 250,000 downloads in the first five days of its release. https://venturebeat.com/ai/ai-poisoning-tool-nightshade-received-250000-downloads-in-5-days-beyond-anything-we-imagined/ 

They Blinded Me With Science

“…misinformation decreases willingness to pay for consumers with correct prior beliefs, whereas misinformation has no significant effect on the WTP of consumers with incorrect opinions.” https://www.ama.org/2024/01/17/how-debunking-consumers-misbeliefs-shapes-their-spending/ 

Optimization Eats Transformation For Breakfast

Most newsletters don’t measure success quite the way they should. Most look exclusively at open rate and list size. But those two metrics only give you a narrow view of a much bigger picture. You need to evaluate additional metrics to understand what’s actually working. https://inboxcollective.com/ways-to-measure-the-success-of-your-newsletter/ 

COVID has had a transformative effect on the office space landscape. About 23% of U.S. office space is available, compared with 16% before the pandemic. Small business owners are reassessing what they need in terms of an office. Experts say the time is ripe to reassess what a small business needs. https://www.cp24.com/world/small-biz-owners-scale-back-their-office-space-or-go-remote-altogether-some-move-to-the-suburbs-1.6747552 

Win Without Pitching we uses a model that views the sale as a series of four conversations. Each with its own objective and its own framework for navigating to that objective. Frameworks > scripts. https://www.winwithoutpitching.com/flip-the-bird-to-the-script/ 

It's A Beautiful World

A Nigerian professor works as a welder in his spare time. He hopes to inspire other people to take up the trade. He says: "I am not ashamed that I work as welder" He is also a professor at Ahmadu Bello University in Nigeria. https://www.bbc.com/news/world-africa-68079364

If you don't sauce your pasta correctly, you're missing out on one of life's greatest pleasures. Pasta heated in the skillet with sauce has a vastly different and superior flavor and texture. You don't want your cooked pasta to heat up in a cold pan of sauce, slowly absorbing more water and becoming mushy. https://www.seriouseats.com/the-right-way-to-sauce-pasta 

Dan Pashman of The Sporkful podcast has created a new pasta shape. The new shape is called cascatelli and is available for sale from Sfoglini. The shape is designed to maximize the amount of sauce that sticks to it. It is also designed to make it easier to get your fork on it. https://kottke.org/21/03/the-invention-of-a-new-pasta-shape 

The average American will spend $3.3 million over their lifetime, according to a new study by OneMain Financial. The study utilized data on the average lifespan and average income to determine how much Americans spent on expenses including housing, their car, vacations and more during their entire adult lives. https://www.nasdaq.com/articles/the-average-american-spends-$3.3-million-over-their-lifetime:-see-how-that-breaks-down 

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