Thursday, April 4, 2024

g-f(2)2183 Harnessing AI: A Growth Strategy for Acquired Businesses



genioux Fact post by Fernando Machuca and Copilot



Introduction: 


The article “How AI helps acquired businesses grow” from MIT Management Sloan School revolves around the role of Artificial Intelligence (AI) in helping acquired businesses grow. It provides insights from a panel of successful entrepreneurs and investors during the MIT Entrepreneurship Through Acquisition Summit, discussing their experiences with AI and its potential to add value to newly acquired small- or medium-sized businesses.



genioux GK Nugget: 


"To tap the power of AI to grow a small company, one should make conservative tech bets and consider what work is ripe for augmentation." — Fernando Machuca and Copilot, April 4, 2024



Classical Summary: 


The article “How AI helps acquired businesses grow” from MIT Management Sloan School discusses how AI can add value to newly acquired small- or medium-sized businesses. The insights were shared during the MIT Entrepreneurship Through Acquisition Summit, where a panel of successful entrepreneurs and investors discussed their experiences with AI. Key takeaways from the panelists include: when vetting AI tools, think like a hedge fund manager, not a VC; and choose the right work for AI augmentation. The article emphasizes that to tap the power of AI to grow a small company, one should make conservative tech bets and consider what work is ripe for augmentation.



REFERENCE

The g-f GK Article


Meredith Somers, How AI helps acquired businesses growMIT Management Sloan School, April 4, 2024.



Meredith Somers


Meredith Somers is a News Writer for the MIT Sloan School of Management¹. She writes about management issues affecting global business leaders, with an emphasis on behavioral and policy sciences¹. Her coverage includes leadership, workplace communication, competitive strategy and decision-making, diversity and hiring, entrepreneurship, and innovation¹.


Prior to MIT Sloan, Meredith was a reporter for Federal News Network in Washington, D.C. She has also worked as a Maryland state government reporter for the Associated Press, and as a general assignment reporter on the Metro desk at The Washington Times¹. Her work helps bridge the gap between academia and industry, translating complex concepts into actionable insights for business leaders and professionals¹.


Source: Conversation with Bing, 4/6/2024

(1) Meredith Somers | Ideas Made to Matter | MIT Sloan. https://mitsloan.mit.edu/ideas-made-to-matter/meredith-somers.

(2) How generative AI can boost highly skilled workers’ productivity. https://mitsloan.mit.edu/ideas-made-to-matter/how-generative-ai-can-boost-highly-skilled-workers-productivity.

(3) Meredith Somers. https://meredithsomers.com/.

(4) Meredith Somers | ILP. https://ilp.mit.edu/node/51777.



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Categorization


This genioux Fact post is classified as Nugget Knowledge which means: Ultra-concentrated wisdom, easily remembered and applicable to your daily life.



Type: Nugget Knowledge, Free Speech



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References


genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)2183, Fernando Machuca and CopilotApril 4, 2024, Genioux.com Corporation.


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