Thinks 992

Abraham Thomas: “The 2010s was the decade of data explosion. The world began to create, log, and use more data than ever before, and the big winners in the tech industry—whether social media companies like Meta or e-commerce giants like Amazon—made the most of it. But the dawning AI era is changing the playing field. Data and compute have created a flywheel—driven by language models—that generates more digital information than ever before. This shifts where value sits in software ecosystems, and presents key opportunities for large incumbents and new startups.”

HBR: “[The] needs-based approach entails segmenting potential customers into four segments: Urgent. The customer recognizes that it has an immediate need. (We just had another billing person quit!) Non-urgent. The customer recognizes the need, but it isn’t a high priority at this time. (We realize that our billing needs are changing and our current system will need to be revamped. We plan to start looking into this in the next year.) Currently met. The customer believes it already has an adequate solution to address the need at this time but recognizes it may not be a long-term solution. (We have an older billing system in place that still does the trick for now.) None. The customer simply has no need nor expects such need anytime soon. (Our small practice has a limited number of patients who pay out of pocket. Since all payments are made at the time of service, we simply don’t need a complex new billing system.).”

Wired: “In modern warfare, every second counts. And the Helsing founders say their software can give Western militaries an information edge. Its system, they claim, will help soldiers make faster, better-informed decisions and will be accessible on a variety of devices, so soldiers in frontline trenches can see the same information as commanders in control centers. “Now, all of this is done manually: phone calls, reading things, drawing stuff on maps,” says Köhler. “Understanding how many systems are there, what they are doing, what is their intent—this is an AI problem.” Helsing is not the first company to try to build an operating system for war. Military types have been advocating for the idea since the 1990s. But traditional defense firms have struggled to deliver, creating an opportunity for tech companies to step in. California-based Anduril, the company launched by Oculus cofounder Palmer Luckey, has developed software that connects multiple military systems. And Palantir, headquartered in Colorado, has been using the war in Ukraine to release details about its own military AI. But Helsing is the only visible European startup making this type of software. Experts say what’s notable about the company is the way it maps the electromagnetic spectrum, the invisible space where different machines send electronic signals between one another to communicate.”

WSJ: “American businesses have gotten hooked on tipping. Tip requests have spread far beyond the restaurants and bars that have long relied on them to supplement employee wages. Juice shops, appliance-repair firms and even plant stores are among the service businesses now asking customers to hand over some extra money to their workers. “The U.S. economy is more tip-reliant than it’s ever been,” said Scheherezade Rehman, an economist and professor of international finance at George Washington University. “But there’s a growing sense that these requests are getting out of control and that corporate America is dumping the responsibility for employee pay onto the customer.” Some businesses that are new to tipping said they have turned to the practice to try to retain workers in a competitive job market while also keeping their prices low. Asking for tips allows them to increase worker pay without raising their wages.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.

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