“Unfortunately, I see no strong reason to believe AI will preferentially or structurally advance democracy and peace, in the same way that I think it will structurally advance human health and alleviate poverty.”
Dario Amodei
CEO, Anthropic
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Quote: Dario Amodei
“Both AI companies and developed world policymakers will need to do their part to ensure that the developing world is not left out; the moral imperative is too great.”
Dario Amodei
CEO, Anthropic
Quote: Dario Amodei
“If we want AI to favor democracy and individual rights, we are going to have to fight for that outcome.”
Dario Amodei
CEO, Anthropic
Quote: Dario Amodei
“It’s my guess that powerful AI could at least 10x the rate of these discoveries, giving us the next 50-100 years of biological progress in 5-10 years.”
Dario Amodei
CEO, Anthropic
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Quote: Dario Amodei
“I think that most people are underestimating just how radical the upside of AI could be, just as I think most people are underestimating how bad the risks could be.”
– Dario Amodei
CEO, Anthropic
Quote: Sam Altman
“Build a company that benefits from the model getting better and better … I encourage people to be aligned with that.”
– Sam Altman
PODCAST: Your Due Diligence is Most Likely Wrong
Our Spotify podcast explores why most mergers and acquisitions fail to create value and provides a practical guide to performing a strategic due diligence process.
The hosts The hosts highlight common pitfalls like overpaying for acquisitions, failing to understand the true value of a deal, and neglecting to account for future uncertainties. They emphasize that a successful deal depends on a clear strategic rationale, a thorough understanding of the target’s competitive position, and a comprehensive assessment of potential risks. They then present a four-stage approach to strategic due diligence that incorporates scenario planning and probabilistic simulations to quantify uncertainty and guide decision-making. Finally, they discuss how to navigate deal-making during economic downturns and stress the importance of securing existing businesses, revisiting return measures, prioritizing potential targets, and factoring in potential delays.
Read more from the original article.
Quote: Sam Altman
“Building a business – man that’s the brass ring: the rules still apply. You can do it faster than ever before and better than ever before, but you still have to build a business.”
– Sam Altman
CEO, OpenAI
Quote: Andrew Ng
“We’re making this analogy that AI is the new electricity. Electricity transformed industries: agriculture, transportation, communication, manufacturing.”
-Andrew Ng
Quote: Jeff Maggioncalda, Coursera
“Is it perfect? No. Is it as good as my executive team? No. Is it really, really valuable, so valuable that I talk to ChatGPT every single day? Yes.”
– Jeff Maggioncalda, CEO, Coursera
PODCAST: Strategy Tools: Growth, Profit or Returns?
Our Spotify podcast explores the relationship between Return on Net Assets (RONA) and growth, arguing that both are essential for shareholder value creation. The hosts contend that focusing solely on one metric can be detrimental, and propose a framework for evaluating business portfolios based on their RONA and growth profiles. This approach involves plotting business units on a “market-cap curve” to identify value-accretive and value-destructive segments.
The podcast also addresses the impact of economic downturns on portfolio management, suggesting strategies for both offensive and defensive approaches. The core argument is that companies should aim to achieve a balance between RONA and growth, acknowledging that both are essential for long-term shareholder value creation.
Read more from the original article – https://globaladvisors.biz/2020/08/04/strategy-tools-growth-profit-or-returns/
Quote: Dee Hock
“An organisation, no matter how well designed, is only as good as the people who live and work in it.” – Dee Hock
Quote: James Cash Penney
“The keystone of successful business is cooperation. Friction retards progress.” – James Cash Penney
Quote: Paul J Meyer
“Communication – the human connection – is the key to personal and career success.” – Paul J. Meyer
Quote: Beverly Sills
“You may be disappointed if you fail, but you are doomed if you don’t try”. – Beverly Sills
Quote: Marc Benioff
“Innovation is not a destination; it’s a journey.” – Marc Benioff
Quote: Kristen Hadeed
“Lessons in leadership: Own your mistakes, celebrate your successes, and know your strengths.” – Kristen Hadeed
Quote: Guy Kawasaki
“The goal is to provide inspiring information that moves people to action.” – Guy Kawasaki
Quote: Daisy Gallagher
“Leadership is not only a title, it is a conviction to do the right thing and lead by example to those we serve.” – Daisy Gallagher
Quote: Brian Tracy
“The only real limitation on your abilities is the level of your desires. If you want it badly enough, there are no limits on what you can achieve. ” – Brian Tracy
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