Welcome to another episode of Artificial Antics, where your hosts Rico and Mike dive deep into the implications, opportunities, and the real costs of AI in business. In this episode titled "Beyond the Buzz: The Real Cost of AI in Business," they share their insights on the expense, investment, and ROI of integrating AI technologies within the business sector. From their experiences at the NADA conference to exploring sentiment analysis, transcription services, AI lead generation, and the human side of AI, Rico and Mike cover the spectrum of AI in the business world. Tune in to discover how AI is shaping the future of business, the cost savings it can bring, and the competitive advantage it provides.
Key Points in the Show
[00:00:00] Introduction to the episode and hosts
[00:00:18] Discussion on NADA conference experience
[00:01:08] Evolution of AI in the dealership world
[00:02:09] Importance of transcription in business communications
[00:02:33] Introduction of AI in CRM and lead generation
[00:03:37] Cost efficiency of AI in lead generation
[00:04:24] Insights from CallRevu and AI product demos
[00:06:38] Main topic reveal: The Real Cost of AI in Business
[00:07:45] Analyzing AI's impact on business costs and efficiency
[00:08:08] Ethical considerations and human impact of AI
[00:10:33] Challenges for small businesses in adopting AI
[00:13:16] Use of custom GPTs for training and business operations
[00:20:30] Discussion on AI, employment, and the importance of training
[00:26:49] Competitive advantages provided by AI in business
[00:31:54] Regulatory landscape and potential impact on AI integration
[00:39:22] Closing thoughts on AI in business and open-source solutions
[00:43:40] Social media and newsletter information
Key Subjects
NADA Conference: Mike shares his experiences and the prominence of AI in the automotive dealer world from his recent visit to the NADA conference in Las Vegas.
AI in Automotive Dealerships: Discussion on how AI technologies like transcription services, sentiment analysis, and lead generation are being integrated into automotive dealerships for improved customer service and operational efficiency.
DriveCentric CRM: Mention of DriveCentric's CRM system and its innovative use of AI for lead generation, highlighting the shift towards intelligent customer relationship management in the automotive sector.
Cost Efficiency of AI Lead Generation: Analysis of the financial benefits and savings AI can offer in lead gen
Stay Updated:
- Subscribe to our channel for more episodes like this: https://www.youtube.com/channel/UCXz1ADq4dDQ5yPy40GWDepQ?view_as=subscriber&sub_confirmation=1
- Follow Us: https://www.buzzsprout.com/2178171/follow
Connect with Us:
🌍 Artificial Antics Podcast Website: https://antics.tv/
📰 AI Bytes Newsletter: https://artificialantics.beehiiv.com/
🚀 Artificial Antics Business Site: https://artificialantics.ai/
💼 LinkedIn: https://www.linkedin.com/in/artificialantics/
🐦 Twitter: https://x.com/anticslab
🍏 Apple Podcasts: https://podcasts.apple.com/us/podcast/artificial-antics/id1694398244
🎧 Spotify: https://open.spotify.com/show/0QpTQh
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Ridiculous History
History is beautiful, brutal and, often, ridiculous. Join Ben Bowlin and Noel Brown as they dive into some of the weirdest stories from across the span of human civilization in Ridiculous History, a podcast by iHeartRadio.