93% of IT leaders see value in AI agents but struggle to deliver, Salesforce finds – VentureBeat
“A digital labor workforce can act autonomously in a business to successfully carry out both simple and complex tasks, enabling increased productivity and efficiency,” said Comstock. He noted that enterprises will eventually move beyond simple AI agents to “super agents,” which don’t just respond to a single command, but pursue a goal and perform complex human tasks.
Humphrey’s world: how the Samuel Smith beer baron built Britain’s strangest pub chain – The Guardian
Over the past four decades, Humphrey Smith has almost singlehandedly shaped Samuel Smith Old Brewery. The value of his company’s holdings is staggering. In 2015, the London Economic website estimated it at £750m. Allowing for inflation, that would now be more than £1.1bn. Given the extensive land and property holdings, two operational breweries, export business, pub estate and other businesses, that does not seem unrealistic. Yet it is what Smith chooses to do with these assets that is most extraordinary. For he now presides over a vast empire of shuttered pubs and grand, empty buildings that generate no income. It is a strange kind of businessman who avidly accrues property, only to let much of it moulder – but Smith has a strong claim to being Britain’s strangest businessman.
This AI-powered invention machine automates eureka moments – IEEE Spectrum
When Ierides gets someone to sign on the bottom line, Iprova begins sending their company proposals for patentable inventions in their area of interest. Any resulting patents will name humans as the inventors, but those humans will have benefited from Iprova’s AI tool. The software’s primary purpose is to scan the literature in both the company’s field and in far-off fields and then suggest new inventions made of old, previously disconnected ones. Iprova has found a niche tracking fast-changing industries and suggesting new inventions to large corporations such as Procter & Gamble, Deutsche Telekom, and Panasonic. The company has even patented its own AI-assisted invention method.
The Best Available Human standard – One Useful Thing
The world is full of entrepreneurs-in-waiting because most entrepreneurial journeys end before they begin. This comprehensive study shows around 1/3 of Americans have had a startup idea in the last 5 years but few act on it — less than half even do any web research! This matches my own experience an entrepreneurship professor (and former entrepreneur). The number one question I get asked is “what do I do now?” While books and courses can help, there is nothing like an experienced cofounder… except, as my research with Jason Greenberg suggests, experienced cofounders are not only hard to find and incentivize, but picking the wrong cofounder can hurt the success of the company because of personality conflicts and other issues. All of this is why AI may be the Best Available Cofounder for many people. It is no substitute for quality human help, but it might make a difference for many potential entrepreneurs who would otherwise not get any assistance.
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