Join Jason Feifer, Editor-in-Chief of Entrepreneur Magazine, as he shares bold insights on using AI to shake up outdated practices. He encourages entrepreneurs to break what's broken, questioning norms for improvement. Discover how AI tools can streamline tasks, freeing up valuable time for creative pursuits. Jason also highlights the importance of adapting to change, emphasizing that new technologies can create economic shifts. Tune in for a thought-provoking discussion that challenges you to rethink your approach to business!
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question_answer ANECDOTE
Billable Hours and AI
Jason Feifer recounts a conversation with a law firm CEO about AI's impact on billable hours.
Lawyers, concerned about efficiency cutting billable hours, realize AI can expand their market by offering lower-cost services.
question_answer ANECDOTE
Property Management and AI
Property managers dislike data entry but enjoy tenant interaction.
AI tools, like those from Appfolio, automate tedious tasks, allowing more focus on valuable tenant relationships.
volunteer_activism ADVICE
Focus on Consumer Outcomes
Focus on consumer outcomes, not just implementing AI for its own sake.
Understand consumer problems and desired results before applying AI solutions.
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Jason Feifer says we should use AI to break things. Might sound abrupt. But it’s sound advice coming from one of the leading voices in entrepreneurship and business. So how can we use AI to break things? We give a step-by-step guide.
Timestamps: 01:30 About Jason and Entrepreneur Magazine 03:15 Break things that are already broken - what it means 09:20 Questioning familiar systems, seeking improvement through change. 11:18 AI tools streamline tasks, freeing time. 14:46 First interactions with AI 18:15 AI opportunities and caution in market focus. 20:23 Develop systems for desired outcomes, AI's role. 25:31 Belief in fixed work, worker ratio fallacy. 26:37 New technology leads to economic shifts and innovations. 30:46 Adapt to change for future job fulfillment.
Topics Covered in This Episode: 1. AI's Impact on Traditional Business Processes 2. Viewpoints on Business and AI 3. Future of AI in Business and Everyday Life 4. Jason Feifer's Stance on AI and its Potential for Transformation 5. Impact of AI on Media Industry
Keywords: AI, Jordan Wilson, Jason Feifer, antiquated business processes, challenging systems, property managers, generative AI, newsletters, business growth, creative expression, DALL E, Fathom, AI in business, consumer problems, Gartner hype cycle, microwaves, tech layoffs, entrepreneurship in AI, Entrepreneur Mag
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