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“They are eating dogs!” From He-who-must-not-be-named, debate in Pennsylvania on September 10, 2024 And so, an insane season kicks off. I think it will be insane. Maybe it will quiet down. There were many notable moments in the debate but the one that most news reporters started off with was the one about immigrants eating…
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…
A couple of weeks ago I was working with someone and she asked me to show her a way of splitting a column. The route she took wasn’t working. During the attempt to show her, I learned a new process. A very easy process. No formulas required. No tricks. Example Let’s use an easy example….
“Initially, AI will have a broadly augmentative effect, taking over low-value tasks and empowering humans to focus their efforts on more strategic and creative jobs. But at some stage, likely in five years or so, AI will start to take over entire job roles, starting with the most “procedural” or rules-based jobs. Eventually, it will…
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…
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