New management eBook: AI-Driven Productivity Hacks - A Guide for Managers, Employees & HR Professionals. Unleash AI in the workplace. Packed with practical tips, case studies & AI productivity hacks, This new on-demand eBook will revolutionize your productivity using AI. More: Generative AI, The Future Of Work, What Are On-Demand eBooks (short video)? & What Are Short Videos (short video)? What is included in the 'AI-Driven...
26% of European Tech Firms to Cut Jobs Due to Generative AI With ChatGPT According to a survey conducted by Sortlist Data Hub, it has been found that 26% of European software and tech companies are planning to reduce their workforce due to the emergence of ChatGPT and ChatGPT-based apps. Finance companies also face a potential decrease in jobs, with 22% of them considering the same action. Interestingly, while 23% of tech workers perceive...
Approximately 300 million full-time jobs worldwide could be automated in some way by the latest wave of artificial intelligence, of generative AI, that platforms such as ChatGPT have brought about, according to economists from Goldman Sachs. They predicted in a report on March 29, 2023 that 18% of work worldwide could be automated, with the effects being felt more deeply in advanced economies than in emerging markets. This is partly because...
What Is The Law of Diminishing Firms? According to the so-called 'Law of Diminishing Firms', introduced by Downes and Mui in , the well-known ICT-related laws of Moore and Metcalfe have reinforced each other. The Law Of Diminishing Firms states that companies can become smaller and smaller by using ICT and digitally transform themselves in an integrated way from a traditional hierarchical business organization to a virtual organization. As most...
What Is A Virtual Organization? one of the great myths from the Industrial Revolution is that your organization has to grow into a bulky large organization with many management layers if you attract and have to serve more customers. In our current time of the Internet, fast bandwidth and smartphones, that is actually no longer the case. Why? You can grow and scale using ICT with the virtual organization as organizational design. Just like...
10 Types of Innovation: The Discipline of Building Breakthroughs by Larry Keeley, Helen Walters, and Ryan Pikkel. The book argues that there are 10 distinct types of innovation that can be used to create breakthrough products, services, and business models. These 10 types are: ✔️ Profit model innovation: This is about finding new ways to make money from your offering. For example, Netflix's profit model innovation was to charge a...
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ChatGPT and the job market: 51 percent of employers planning to cut jobs will do so in marketing On a departmental level, employees in product management and customer service departments are 2x more likely to worry about their jobs than marketers… but marketers’ skill set is the one most at risk in the job market. Although employers may look into ChatGPT consulting services before making their final decisions, according to recent research,...
AI Synchronized Videos - What Are They? AI Synchronized videos are very popular online and especially vertical videos on Tiktok and Instagram. AI synchronized videos are videos that are automatically synchronized with music or other audio. This can be done using a variety of AI techniques, such as: ✔️ Beat tracking: This is the process of identifying the beats in a piece of music. Once the beats have been identified, the video can be...