This site under reconstruction.
I was working with someone who was trying to find a position in the fraud/money laundering detection industry. I gathered she kept encountering Excel requirements for her job, so she asked me for some help in learning Excel, specifically Excel functions and other tools. But isn’t there software that does the detection for the banks?…
AI as a replacement tool While a lot of the consulting firms and technology companies urge other companies trying to deploy AI to regard AI as a complement to human intelligence, there are other companies – the more Milton Friedman, capitalist, free market types, the more harsher types – deploying AI as a way of…
There are various types of forecasting: corporate finance, weather, political polling, etc. Some are probably using new AI tools to aid in the prediction business. Business forecasts I’ve done a lot of the corporate finance type forecasting where I would send to corporate what the team or location thought would be the financial result for…
Something a little different tonight: talking about pricing. I’m not talking about pricing models created to figure out what to charge for a service or product. That topic is a typical FP&A topic. Not tonight though. It’s economic. It’s terminology which I have never really thought about before: price controls versus price fixing versus price…
There are a few tools for improving the bottom line, but the most common ones are: layoffs, outsourcing, offshoring and soon to be available automation with AI. These are predominantly all ways of reducing headcounts in the shortest time possible. You might deploy new technology systems, innovate new products or negotiate major deals but I…
I’ve always thought shareholders were a huge part of the problem for our current type of capitalism: while productivity has increased (according to some news I’ve read), labor’s wages have remained flat while all productive gains accrue to the shareholders. This site gives an example of what I have read quite a few times: Economic…