Selling Artificial Intelligence To The Business: Keep It Clear, Keep It Simple

Selling Artificial Intelligence To The Business: Keep It Clear, Keep It Simple

AI, complicated but beneficialgetty Many business leaders are enthusiastic about artificial intelligence, but when it comes to investing in the technology, they may be bewitched, bothered, and bewildered. It doesn’t have to be this way. We canvassed people who work closely with AI solutions and asked them to share their experiences on the best approaches to sell AI 00 the right AI, at the right time, to business leaders. For starters, it’s imperative to “show ‘cognitive courtesy,’” advises Bjorn Austraat , senior vice president and head of AI acceleration at Truist . “Invest time and effort up front to translate difficult technical concepts into plain English. Likewise, create a compelling, properly framed vision for all project participants to ensure alignment and productive collaboration.” Austraat explains that he uses a “simple phrase” to advance the vision of AI. Ask: “’Whose life is going to get better, by how much and how do we know that?’” he says. “If you can truly answer that question, you have covered all the bases from framing, to deployment, to value proposition, to political air cover.” This clarity of vision is strongly advised by other industry leaders. “The key to selling AI lies in clear, […]

The Young Founder Who Fooled JPMorgan, According to JPMorgan

The Young Founder Who Fooled JPMorgan, According to JPMorgan

Kiersten Essenpreis Charlie Javice promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid. When JPMorgan Chase paid $175 million to acquire a college financial planning company called Frank in September 2021, it heralded the “unique opportunity for deeper engagement” with the five million students Frank worked with at more than 6,000 American institutions of higher education. Then last month, the biggest bank in the country did something extraordinary: It said it had been conned. In a lawsuit, JPMorgan claimed that Frank’s young founder, Charlie Javice, had engaged in an elaborate scheme to stuff that list of five million customers with fakery. “To cash in, Javice decided to lie,” the suit said. “Including lying about Frank’s success, Frank’s size and the depth of Frank’s market penetration.” Ms. Javice, through her lawyer, has said the bank’s claims are untrue. JPMorgan’s legal filing reads like pulp nonfiction, with jaw-dropping accusations. Among them: that Ms. Javice and Olivier Amar, Frank’s chief growth and acquisition officer, faked their customer list and hired a data science professor to help pull the wool over the eyes of the […]

Abandoned shopping carts cost taxpayers thousands of dollars

Abandoned shopping carts cost taxpayers thousands of dollars

‘Sober bar’ owner says she’s struggling to meet unprecedented demands New York CNN — Santa Fe, New Mexico, paid a local contractor $47,000 to round up about 3,000 shopping carts around the city in 2021 and 2022. Fayetteville, North Carolina, spent $78,468 collecting carts from May 2020 to October 2022. Shopping carts keep wandering away from their stores, draining taxpayers’ coffers, causing blight and frustrating local officials and retailers. Abandoned shopping carts are a scourge to neighborhoods, as wayward carts block intersections, sidewalks and bus stops. They occupy handicap spots in parking lots and wind up in creeks, ditches and parks. And they clog municipal drainage and waste systems and cause accidents . There is no national data on shopping cart losses, but US retailers lose an estimated tens of millions of dollars every year replacing lost and damaged carts, say shopping cart experts. They pay vendors to rescue stray carts and fork over fines to municipalities for violating laws on shopping carts. They also miss out on sales if there aren’t enough carts for customers during peak shopping hours. Last year, Walmart paid $23,000 in fines related to abandoned shopping carts to the small town of Dartmouth, Massachusetts, […]

Office of Economic Opportunity Debuts Virtual Educational Series to Advance Pathways Toward Generational Wealth

Office of Economic Opportunity Debuts Virtual Educational Series to Advance Pathways Toward Generational Wealth

PHILADELPHIA – Department of Commerce, Office of Economic Opportunity (OEO) is advancing capacity-building efforts for businesses with a series of monthly educational workshops. The goal is to share pathways toward generational wealth for minority-, women-, and disabled-owned businesses. That includes by exploring opportunities with City contracts, developing a strategy to pursue business proposals, and learning about available resources. Each year, the City aims to reach at least 35 percent participation from minority-, women-, and disabled-owned enterprises (M/W/DSBEs) on its contracts. The monthly events can help grow awareness of these opportunities. Learn more about all upcoming virtual workshops . “This series is about more than providing minority- and women-owned businesses with tools to succeed,” said Lynn T. Newsome, Deputy Commerce Director, Office of Economic Opportunity. “It is also about providing businesses with knowledge, allowing them to grow and creating a pathway to generational wealth that can be passed down from generation to generation.” Doing Business in the City events (third Wednesdays each month, online) Business Development events (fourth Wednesdays each month, online) The workshops will be offered from January through June and September through November 2023. This series, in partnership with the Chief Administrative Officer and Procurement Department, can also […]

Opportunity profile: Tending to ecology research

Opportunity profile: Tending to ecology research

The British Ecological Society’s funding is open to scientists all around the world Top tips The society only supports projects where it can be the majority funder. Grants are open to all members, regardless of career stage. Track record is considered but is balanced by assessment of impact an award would have on the applicant’s career. Grants are relatively small so ensure your proposal is realistic. Show evidence-based impact and clear methodology—these are highly valued by reviewers. The British Ecological Society is now into its 110th year of existence—but this is its first profile in Funding Insight. The BES’s Research Grants are an important part of its work and ensure not only that the society maintains an active role in ecological science but also that it supports the next generation of ecologists as they build their careers. This article is only available to Research Professional News subscribers. If you are a subscriber you can read the article in full on researchprofessional.com Pivot-RP users can log in and view the article via this link . Locked articles can be accessed as part of a Research Professional News subscription. A variety of subscription options are available, allowing you to… Access our […]

Job Opportunity at the ABQ BioPark: Senior Office Assistant

Job Opportunity at the ABQ BioPark: Senior Office Assistant

Job Opportunity at the ABQ BioPark: Senior Office Assistant The ABQ BioPark’s Facility team is seeking a friendly and organized team member to serve as the Senior Office Assistant at the ABQ BioPark. The successful candidate is a motivated and organized professional who will assist the administrative team at the ABQ BioPark Zoo, Aquarium and Botanic Garden. The candidate we seek is driven, organized, articulate and enthusiastic. Supporting the Administrative team is supporting the BioPark as a whole. This position will report to the Facility Operations Coordinator. The ABQ BioPark consists of the Zoo, Aquarium and Botanic Garden and Tingley Beach. This position is employed through Tryfacta staffing agency, not the City of Albuquerque, and is located at the ABQ BioPark. This full time position is limited to a two year term. The Senior Office Assistant’s duties may include, but are not limited to: Assist Facility Operation Coordinator with routine and clerical duties. Provide excellent customer service in person and over the phone. Aid the Facility Operations Coordinator with maintaining and improving filing system. Help maintain inventory of office supplies. Support BioPark staff to interpret and utilize department policies and procedures. Use personal initiative to solve problems and find […]

Meta: The $22B WhatsApp Opportunity

Meta: The $22B WhatsApp Opportunity

Khosrork We have previously covered Meta Platforms, Inc. (NASDAQ: META ) here as a post-FQ3’22-earnings article in November 2022. Its long-term trajectory remains robust, due to the massive improvement in its monetization effort across its platforms. The company has also scaled back its metaverse spending and focused on developing its AI capabilities, advertising, click-to-messaging ads, and Reels against TikTok. Lastly, its Free Cash Flow [FCF] margin is expected to expand over the next few years, reducing its reliance on debts then. For this article, we will be focusing on WhatsApp Pay, one of Meta’s key products with massive monetization potential. The platform may potentially deliver up to $22B in revenue over the next few years, due to its strategic partnerships in India, Brazil, and potentially in the U.S. While the fintech segment is still in its nascency, an aggressive market grab exercise may yield surprisingly robust results, attributed to Meta’s global social media market share of 78.29% in December 2022. The WhatsApp Investment Thesis Is Not To Be Ignored As previously discussed, Meta has started to monetize WhatsApp , with notable success thus far. The platform boasted an impressive 80% YoY growth to $1.5B in run rate by FQ3’22, […]

Incannex Healthcare has a significant opportunity in anxiety treatment: Edison Investment Research

Positive results from Incannex Healthcare Ltd (ASX:IHL, NASDAQ:IXHL) ’s ongoing Australian Phase II Psi-GAD1 study would represent a significant catalyst for the company, according to Edison Investment Research. It is estimated that around 6.8 million US adults (~3% of the US population) suffer from GAD (generalised anxiety disorder), representing a significant patient population. Edison expects management to use the results of the Psi-GAD1 trial, assuming they are positive, to support potential Phase II FDA-approved studies in FY23. The investment research firm continues to value Incannex at US$736.6 million or US$11.7 per ADR, including the issued shares from the A$13 million private placement in December 2022. Incannex ADRs are currently trading at US$3.5 per ADR. The following is an extract from the research update: Following continued patient enrolment in Incannex’s ongoing Australian Phase II Psi-GAD1 study (ACTRN12621001358831), management has announced the commencement of an independent analysis of the interim data. The company expects the interim results from the study of psilocybin-assisted psychotherapy in generalised anxiety disorder (GAD) to be reported in March 2023. In our view, positive results would represent a significant catalyst for Incannex, considering the large GAD patient population (c 6.8 million US adults), lack of consistently effective […]

Bill would fix ‘inequity in educational opportunity,’ said sponsor — but opponents push back

Bill would fix ‘inequity in educational opportunity,’ said sponsor — but opponents push back

(Illustration by Getty Images) Donors from Big Sky, one of the more affluent communities in Montana, claimed nearly $1.6 million in available public school tax credits in two years to support their local school. That’s more than half of the total $3 million in credits that have been available for the whole state. On the other end of the spectrum, a Chinook Elementary donor received just $500, according to the Montana Department of Revenue. “I believe this creates an inequity of educational opportunity among schools within the state and again, raises the question of fairness,” said Rep. Mark Thane, D-Missoula. Thursday at a House Taxation committee meeting, Thane said he wanted schools across Montana to be able share the wealth more widely, and he presented House Bill 23, which would amend an existing tax credit program. The program offers a dollar-for-dollar tax credit for individual and business donors who want to contribute to either public or private education. Just one proponent testified, and many parents and representatives of private schools spoke out against it. In 2021, the Montana Legislature increased the limit on single donations for the tax credit from $150 to $200,000, a controversial move but one “school […]

Our core business has dramatic profit opportunity: Vijay Shekhar Sharma

Our core business has dramatic profit opportunity: Vijay Shekhar Sharma

One thing Davos is telling us is that world looks up to India as the next growth engine on a dramatically more serious way than we could have thought. As far as stock market is concerned, only one thing that I have learnt is that it has many more variables. It could be global, local,industry sector, sector specific and so on so forth that could define the price. "It is up to us as a country, it is up to us as people how much of international investments, how much of international economy companies we can bring to our country. I think this is an opportunity. Investment or countries both are for us to grab," says Vijay Shekhar Sharma , Paytm & One97 Communications NSE 3.55 % . What is the moot point in Davos this year? When I speak to folks who are at Davos, some are worried about inflation , some are worried about recession , and those who are not worried about are worried about growth in general? One thing Davos is telling us is that world looks up to India as the next growth engine on a dramatically more serious way than we could have […]