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AI and Productivity: MIT Research Unveils ChatGPT’s Impact on the Next Industrial Revolution

HR Digest

Artificial Intelligence (AI) has emerged as a powerful tool that revolutionizes productivity across various sectors. This article delves into MIT’s study, highlighting how ChatGPT enhances worker productivity, transforms work practices, and fosters the rise of Industrial Revolution 2.0. The Promise of Industrial Revolution 2.0:

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How Startups Can Accelerate Their Development

The Horizons Tracker

However, the duration needed for entrepreneurs to launch their ventures can vary, depending on how swiftly they shape their ideas, secure financing, develop prototypes, and undertake other essential steps. Adapting products to existing demand instead of seeking specific customers.

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Big Data In Your Shampoo?

Mills Scofield

Once upon a time, before the era of big data analytics, corporations had similarly routine business growth issues and threats: i.e.: after years of being the market leader in a specific product category, they quickly begin to lose market share, they wanted to introduce their product into a new market.

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How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

Now, every company of any scale and in any sector wants to be closer to its customers, to understand them more deeply, and to tailor their products and services to serve them more precisely. They followed a sequence that resulted in new products or major updates to products every year or two. They faced a culture clash, however.

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A New Way for Entrepreneurs to Think About IT

Harvard Business Review

A second set of entrepreneurs focus on information goods and think of IT as the product. But today there is a third approach, one that will become the dominant path for most entrepreneurs, especially those building information products. It has several key benefits: Speeds time-to-market. Take a company like Airbnb.

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End the Religion of ROE

Harvard Business Review

As the industrial revolution progressed, society was enjoying enormous benefits from mass production, which brought former luxuries within middle class reach. Just as electronic commerce would later sweep business, mass production came to one industry after another. More products at more pricepoints" is their name for this strategy.

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