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Artificial Intelligence Can Help Or Hurt Any Business

Startup Professionals Musings

Image via Pixabay Everyone has heard about the big potential for using artificial intelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences.

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Incubating LA's Startup Future At the USC Viterbi Startup Garage

socalTECH

What''s the idea behind the incubator--which gives its startups $20,000 in capital, education, mentoring, working space, and more--and how is it tied to USC? We spoke with Ashisih Soni , who heads up the incubator, to learn more, and why the two, very notable investors are backing the effort. We have a very large Ph.D.

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5 Keys To The Startup Mindset Required For Breakthrus

Startup Professionals Musings

Today there are a wealth of disruptive technologies available, including the Internet of Things (IoT), artificial intelligence (AI), advanced virtual reality (VR), and high-function robotics. But we all know that these are not solutions by themselves, but require integration into an innovative framework to solve real customer problems.

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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

And over the past three years, Imperson has developed conversational chatbots powered by their artificial intelligence for several Disney projects, including most recently for Walt Disney World’s Pandora – The World of Avatar , according to a press release.

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9 Strategies For Implementing An Innovative Business

Startup Professionals Musings

Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas. Search for customer pain rather than high margins. New customers don’t see incremental improvements.

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5 Strategies To Thrive Despite Information Overload

Startup Professionals Musings

For example, just think of the data generated and captured for every online customer purchase transaction on the Internet. To truly comprehend the value of multiple data sources, you must stay open to new ideas, and ready to learn new lessons from uncharted territory.

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Apply Hospitality-Driven Thinking to Your New Venture

Startup Professionals Musings

Tech may be the tool, but hospitality – making life a little easier, more comfortable, and more enjoyable for your customer, is the winning focus. Unfortunately, too many of the technical entrepreneurs I mentor and advise are focused on their technology, and assume that the value will be self-evident to customers.