DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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Arms race, Space race, EV race and now, Chatbot race.
We had a few major “races” in technology over the century.
There was the Space race that pushed countries to see who could achieve superior spaceflight capabilities and send a man to the moon first.
There was the arms race between the U.S. and the Soviet Union to see who could have a larger nuclear stockpile.
There was the Le Mans where Ferrari and Ford went to war with each other.
Then the EV wars begin when Elon Musk took Tesla mainstream and showed the world just how much better it can be with electric vehicles.
Now, with the arrival of generative AI, it seems the race to a better AI has begun.
And chatbots have been given renewed interest.
We all recall how crappy chatbots were, static, one-dimensional, uninteresting, lethargic and difficult to use.
ChatGPT changed all of that.
Ok, it is still a little slow and wonky at times, but its a deliberate attempt to make you pay for the premium version.
Microsoft, Google, Alibaba, Baidu, and JD.com.
Everyone is racing towards the best AI-powered chatbot.
Why is there a race to create chatbots now?
Why are chatbots interesting?
Well, they have proven to be useful in penetrating the market and the new generation loves texting.
More so that face to face interaction.
Especially when it comes to simple tasks and requests.
It is 2023, no one wants to start a conversation just to ask where to buy the best activewear or where the nearest Irish pub is.
They would much rather text a chatbot to ask simple questions.
Fast and simple.
Covid pretty much hammered that nail in deeper.
So what is so different from the chatbots in the past?
Well, the chatbots today are AI-powered, built with billions of data points, a lot faster and way more natural in their conversations.
It doesn’t matter what industry you are in.
Go where your customers are.
And if your customers are humans (most likely), they will almost definitely prefer a more conversational, natural, simple, faster and efficient mode of communication.
AI-powered chatbots basically adds an elegant, versatile and powerful layer of front-end interface to allow the customers to engage with the product/service deeper.
It not only provides customers with the help they need but also helps them find what they are looking for quickly and intuitively.
In a nutshell, they can provide businesses with a powerful tool to facilitate customer engagement, reduce manual effort and increase efficiency.
Every self-respecting futuristic Hollywood movie has hinted towards that future, one way or another.
Add in voice-operated or gesture-driven functionalities and you can see the applications and use cases explode.
You can talk to your car like a real person, give it instructions, negotiate with it and even write a blogpost while it navigates traffic!
I foresee a future where there will be unified, aggregated, universal chatbot layer that goes across all major brands, apps and websites.
That way, when a customer interacts with 1 super-chatbot, it taps into the database across multiple universes from groceries, travel, banks, games, medical, search and so on.
Yea, that omnipotent chatbot will truly be transcendent.
Sweet or psycho?
-
Will AI-powered chatbots change the world?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #chatbot #apps #ai #artificialintelligence #openai #google
Arms race, Space race, EV race and now, Chatbot race.
We had a few major “races” in technology over the century.
There was the Space race that pushed countries to see who could achieve superior spaceflight capabilities and send a man to the moon first.
There was the arms race between the U.S. and the Soviet Union to see who could have a larger nuclear stockpile.
There was the Le Mans where Ferrari and Ford went to war with each other.
Then the EV wars begin when Elon Musk took Tesla mainstream and showed the world just how much better it can be with electric vehicles.
Now, with the arrival of generative AI, it seems the race to a better AI has begun.
And chatbots have been given renewed interest.
We all recall how crappy chatbots were, static, one-dimensional, uninteresting, lethargic and difficult to use.
ChatGPT changed all of that.
Ok, it is still a little slow and wonky at times, but its a deliberate attempt to make you pay for the premium version.
Microsoft, Google, Alibaba, Baidu, and JD.com.
Everyone is racing towards the best AI-powered chatbot.
Why is there a race to create chatbots now?
Why are chatbots interesting?
Well, they have proven to be useful in penetrating the market and the new generation loves texting.
More so that face to face interaction.
Especially when it comes to simple tasks and requests.
It is 2023, no one wants to start a conversation just to ask where to buy the best activewear or where the nearest Irish pub is.
They would much rather text a chatbot to ask simple questions.
Fast and simple.
Covid pretty much hammered that nail in deeper.
So what is so different from the chatbots in the past?
Well, the chatbots today are AI-powered, built with billions of data points, a lot faster and way more natural in their conversations.
It doesn’t matter what industry you are in.
Go where your customers are.
And if your customers are humans (most likely), they will almost definitely prefer a more conversational, natural, simple, faster and efficient mode of communication.
AI-powered chatbots basically adds an elegant, versatile and powerful layer of front-end interface to allow the customers to engage with the product/service deeper.
It not only provides customers with the help they need but also helps them find what they are looking for quickly and intuitively.
In a nutshell, they can provide businesses with a powerful tool to facilitate customer engagement, reduce manual effort and increase efficiency.
Every self-respecting futuristic Hollywood movie has hinted towards that future, one way or another.
Add in voice-operated or gesture-driven functionalities and you can see the applications and use cases explode.
You can talk to your car like a real person, give it instructions, negotiate with it and even write a blogpost while it navigates traffic!
I foresee a future where there will be unified, aggregated, universal chatbot layer that goes across all major brands, apps and websites.
That way, when a customer interacts with 1 super-chatbot, it taps into the database across multiple universes from groceries, travel, banks, games, medical, search and so on.
Yea, that omnipotent chatbot will truly be transcendent.
Sweet or psycho?
-
Will AI-powered chatbots change the world?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #chatbot #apps #ai #artificialintelligence #openai #google
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