In this episode, we talk about how startups and small businesses have been impacted by COVID-19. Discussing raising money during a pandemic and that it depends on the industry as some startups hold a strong position to raise money, while some are unable unless they give out more to investors through a lower valuation. The discussion then bleeds into incorrect assumptions and false ethical narratives with business operations, raising money, and expanding during the COVID-19 outbreak. Highlighting that this is not a complete economic lockdown.
We talk about useless, unethical and heartless COVID-19 marketing e-mails and debate the reasoning behind such activity. It can stem from many areas, some did a great job and kept it simply to updating customers/clients on business operations while others leveraged the vulnerable emotional state of their customers to increase sales. This lesson is important because we are after long term business relationships with customers and clients. Cold COVID-19 marketing does quite the opposite.
We then get into a heartier discussion on Humans VS Artificial Intelligence and the advancement of artificial intelligence over time. We discuss Elon Musk and his concerns with having gone too far with AI. Challenging the potential benefits and dangers of rapid AI expansion.
Today's guest is Andrew Kanapatski, the strategic planning manager for Kira Systems, an AI and machine learning platform that analyzes contract text. Andrew strives to help companies across industries understand the various ways in which business and innovative technology come together to yield exponential growth.
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