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Our selection of the top business news sources on the web.
AM edition. Issue number 796
Latest 10 stories. Click the button for more.
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“Ask yourself, are you all in because this really is a transition moment, right, and I really think that we've sort of got enough evidence now ... I think that this is a moment to found companies, scale companies, you know - it's a moment to really pivot careers.”
Mustafa Suleyman
CEO, Microsoft AI

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“Over time, then, the implications of these technologies will push humanity to navigate a path between the poles of catastrophe and dystopia. This is the essential dilemma of our age.”
Mustafa Suleyman
CEO, Microsoft AI

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“Software is eating the world, but AI is going to eat software.”
Jensen Huang
CEO, Nvidia

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“The most powerful technologies are the ones that empower others.”
Jensen Huang
CEO, Nvidia

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“Never stop asking questions and seeking answers. Curiosity fuels progress.”
Jensen Huang
CEO, Nvidia

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“Smart people focus on the right things.”
Jensen Huang
CEO, Nvidia

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Our Spotify podcast highlights that despite familiarity, most managers do not apply CVP analysis and get it wrong in its most basic form.
The hosts explain cost-volume-profit (CVP) analysis, a crucial business tool often misapplied. It details the theoretical underpinnings of CVP, using graphs to illustrate relationships between price, volume, and profit. The hosts highlight common errors in CVP application, such as neglecting volume changes after price increases, leading to the "margin-price-volume death spiral." The hosts offer practical advice and strategic questions to improve CVP analysis and decision-making, emphasizing the need for accurate costing and a nuanced understanding of market dynamics. Finally, the podcast provides case studies illustrating both successful and unsuccessful CVP implementations.
Read more from the original article.

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"I had one very explicit belief, which is: one doesn’t bet against deep learning. Somehow, every time you run into an obstacle, within six months or a year researchers find a way around it."
Ilya Sutskever
Safe Superintelligence

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"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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"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

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