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Global Advisors
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Our selection of the top business news sources on the web.

AM edition. Issue number 804

Latest 10 stories. Click the button for more.

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Quote: Mark Zuckerberg

“Open source will ensure that more people around the world have access to the benefits and opportunities of AI, that power isn’t concentrated in the hands of a small number of companies, and that the technology can be deployed more evenly and safely across society."

Mark Zuckerberg
Meta CEO

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Quote: Arthur Mensch

“Europe is full of talent, with lots of people from many countries who are very strong in mathematics and computer science."

Arthur Mensch
Mistral CEO

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Quote: Arthur Mensch

“Generally, the kind of work that we will do in three to five years should be more rewarding than the kind of work we're doing today.”

Arthur Mensch
Mistral CEO

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Quote: Arthur Mensch

“These models are producing content and shaping our cultural understanding of the world. And as it turns out, the values of France and the values of the United States differ in subtle but important ways.”

Arthur Mensch
Mistral CEO

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PODCAST: Effective Transfer Pricing

Our Spotify podcast discusses how to get transfer pricing right.

We discuss effective transfer pricing within organizations, highlighting the prevalent challenges and proposing solutions. The core issue is that poorly implemented internal pricing leads to suboptimal economic decisions, resource allocation problems, and interdepartmental conflict. The hosts advocate for market-based pricing over cost recovery, emphasizing the importance of clear price signals for efficient resource allocation and accurate decision-making. They stress the need for service level agreements, fair cost allocation, and a comprehensive process to manage the political and emotional aspects of internal pricing, ultimately aiming for improved organizational performance and profitability. The podcast includes case studies illustrating successful implementations and the authors' expertise in this field.

Read more from the original article.

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Quote: Eric Schmidt

“If you're not using AI at every aspect of your business, you're not going to make it.”

Eric Schmidt
Former Google CEO

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Quote: Eric Schmidt

“It’s always possible that there are principles of the world that humans as a species cannot comprehend. What if the AI system comprehends them in some form?”

Eric Schmidt
Former Google CEO

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Quote: Eric Schmidt

“In our industry, this is a wave that is going to take over everything.”

Eric Schmidt
Former Google CEO

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Quote: Mustafa Suleyman

“As the printing press roared across Europe in the fifteenth century, the Ottoman Empire had a rather different response. It tried to ban it.”

Mustafa Suleyman
CEO, Microsoft AI

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Quote: Mustafa Suleyman

“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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