It seems that 2023 will be go down as the year of AI. We see thousands of new jobs, billions in investment, and a great deal or excitement in how AI will be used in business. In such applications, the focus is often to 1) Replace costly workers 2) Make costly workers more efficient or […]
AI, Algorithm, Analytics, Automation, Big Data, Big Data Analytics, featured
Fall is in full swing here in Seattle; the first of the maples are turning orange and the summer has quickly cooled. For me, it is a great change to move to the beautiful Pacific Northwest and to be part of a fine institution like the Foster School of Business at the University of Washington. […]
Analytics, Big Data Analytics, Big Data to Big Profits, economics, featured, Leadership
With the Thanksgiving holiday upon us, it is valuable to reflect on the origin of Thanksgiving and its importance for our nation and families today. Abraham Lincoln made his Thanksgiving proclamation on October 3, 1863, during the midst of the great Civil War. He knew division and the importance of reconciliation like no leader before […]
Abraham Lincoln, Capital, Civil War, featured, Happy Thanksgiving, Labor, Leadership, Lincoln, President, Thanksgiving
Digital Strategy, Global Insights, Leadership
The recent report of the Consumer Price Index topping 6.2% has sent shiver of inflation fears into the market. However, this inflationary hit seems different than the inflation seen in recent episodes of high inflation. Examining this will help us determine who are the winners and losers of the current inflation spike. How is the […]
Algorithm, Amazon, Analytics, Artificial Intelligence, Consumer Price Index, covid, CPI, Digital, Digital Economy, economic growth, Economic Sciences, economics, featured, Growth, Inflation, Labor, Microsoft, Phillips Curve, Unemployment, US Economy, wages
Analytics, Big Data, Big Data and Analytics, Digital Strategy
In most every example of Artificial Intelligence (AI) in business, there is a chat bot or robot or algorithm that attempts to replace a human. We surely will see such replacement via AI, but augmentation is also a value approach and is far more attainable and perhaps even more valuable. In augmentation, a AI process […]
AI, Algorithm, Analytics, Artificial Intelligence, Big Data, Big Data Analytics, Data Analytics, economics, featured, Machine Learning, ML, Optimization, Search
With the 2021 NFL season about half completed, I want to share the changes that I most recommend for improving the NFL. Many of these would make the game more exciting and add strategy to the game. Strategy and Rule Changes: Goal Line On Side Possession: If a team wants the ball after a kickoff, […]
Bills, Brady, Buccanneers, Bucs, Exciting, featured, kick-offs, Marketing, National Football League, NFL, Sports, Sports Analytics, Sports Management, Strategy, Tampa Bay
Analytics, Big Data, Big Data and Analytics, Risk Management
Zillow recently announced that it is pulling the plug on its once highly touted house buying machine. Indeed, it was suppose to be a machine, one that used billions of pieces of data to find arbitrage opportunities in the market using algorithms. Buy a house in a surging market, fix it up (quick someone call […]
#investment, Algorithm, Analytics, Asymmetric Information, Big Data, Big Data Analytics, Data Analytics, economics, featured, housing, housing prices, Permit, Real Estate, REIT, Risk, Risk Management, Zillow
Today, Amazon and Apple announced the limited supply of labor and slow-moving supply chains will hamper fourth quarter top line and bottom lines.[1][2] This should be a major wake-up call for investors and executives on the state of our global economy. Amazon and Apple are unique in that each exerts high control and even ownership […]
Amazon, Apple, Cargo, China, covid, economics, Economy, featured, Growth, housing, Labor, Labor Shortage, Manufacturing, Retirement, shipping, Suppy Chains, Vietnam
Analytics, Digital Strategy, Innovation
Are you Netflix or Blockbuster? A great focus for many startups, investors, and entrepreneurs is creating the next Netflix, Amazon, Uber, or Airbnb – namely to be a digital disruptor. Netflix conquered the analog and physical model of Blockbuster by bringing a digital layer to measure customers, movies, and even brand placements. Before Netflix, Blockbuster […]
#featured #data #analytics #digital #netflix #uber #airbnb #bigdata #dataproducts #datascience #marketing #economics #amazon #Zillow, featured
The wave of Spanglish has hit advertisers in recent years. Dos Equis invites its customers to “Keep it Interesante,” while taco fans at Taco Bell “Live Más.” Home Depot and other retailers have adopted a near bilingual policy in stores. Smart move! Hispanic culture is alive an well in the US, and […]
Amazon, Cuba, featured, Hispanic, Hispanic Heritage month, Latin, Latina, Latino, Marketing, Spain, Spanish, USA, USA Hispanic