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I met with someone recently who is working as a reseller/integrator with an innovative Indian company in the wireless space. This person had tons of ideas about

by xrd 4y ago

I met with someone recently who is working as a reseller/integrator with an innovative Indian company in the wireless space. This person had tons of ideas about how to use this technology: in assisted living facilities, at sporting events, and at hospitals. This integrator wants to use this wireless technology at sporting events. I keep thinking about how Mark Cuban, who owns the Dallas Mavericks, has clearly stated he does not want people staring at their phones during a game. This integrator wants to offer this wireless broadcasting technologies to hospital. I keep thinking about HIPAA and the intense concentration of wealthy doctors and hospital admins who will probably fight tooth and nail against any new technology that threatens their livelihood and regulatory capture situation. This integrator wants to offer this technology to elderly people at assisted living facilities. If I'm 90, will I really want to pay $50/month for monitoring when I can watch Fox News for free in my apartment and get the same basic level of satisfaction? I'm simplifying things a lot here. This integrator might have something transformative to offer and a transformative business model. But, at least in America where I live, our sales are always limited by the people that are directly standing in the way of utilizing our technology. The recent AI is incredible and transformative. And, there will be some industries where it will knock out incumbents. And, I predict there will be lots of industries which will actively resist introduction of these technologies, especially when companies are firing people like they are now. I haven't seen a demo of ChatGPT where someone got it to give a good answer on how to simplify integration of technology that protects the vendor from HIPAA requirements, or Sarbanes-Oxley regulation. Until that happens, other skills will become even more valuable: human connection, communication and the hard grind of selling.

brucethemoose2 4y ago
Generative AI is often not a feature to sell or a new system to switch to. Its faster, cheaper drop in replacement to a existing system component. That is much harder for incumbents to stop, as there is little change in the actual system (hence minimal resistance from customers) and the incumbents are fighting a low friction profit margin gain. If hospitals and fox news could replace their expensive doctors and journalists (or more realistically augment them so they don't need to hire as many), you can bet your bum they would.
ozten 4y ago
In a retirement home $50 a month is a bargain to be able to walk through and relive all of your life. It will be an MMO fine-tuned on your cloud data such as videos and photos. Surviving family members across the country and co-prescense with you to relive that Grand Canyon rafting trip. The edges will contain infinite generated content that rhymes with your lived experience.

by xrd 4y ago

brucethemoose2 4y ago

Generative AI is often not a feature to sell or a new system to switch to. Its faster, cheaper drop in replacement to a existing system component. That is much harder for incumbents to stop, as there is little change in the actual system (hence minimal resistance from customers) and the incumbents are fighting a low friction profit margin gain. If hospitals and fox news could replace their expensive doctors and journalists (or more realistically augment them so they don't need to hire as many), you can bet your bum they would.

ozten 4y ago

In a retirement home $50 a month is a bargain to be able to walk through and relive all of your life. It will be an MMO fine-tuned on your cloud data such as videos and photos. Surviving family members across the country and co-prescense with you to relive that Grand Canyon rafting trip. The edges will contain infinite generated content that rhymes with your lived experience.