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A daily bite-size selection of top business content.
PM edition. Issue number 792
Latest 10 stories. Click the button for more.
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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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"If we want AI to favor democracy and individual rights, we are going to have to fight for that outcome."
Dario Amodei
CEO, Anthropic

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"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
Gimg src="https://globaladvisors.biz/wp-content/uploads/2024/11/20241120_13h00_GlobalAdvisors_Marketing_Quote_DarioAmodei_MW.png"/>
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“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

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“Build a company that benefits from the model getting better and better ... I encourage people to be aligned with that.”
- Sam Altman

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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.

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“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

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"We're making this analogy that AI is the new electricity. Electricity transformed industries: agriculture, transportation, communication, manufacturing."
-Andrew Ng

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“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

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