• Checking in on our 2024 Predictions

  • Jul 2 2024
  • Duración: 31 m
  • Podcast

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Checking in on our 2024 Predictions

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  • Welcome back to Business Unfiltered with Mercer and Jeff Sauer today's topic is Checking in on our 2024 Predictions 0:00: Business predictions from December 2023, with a focus on layoffs and partnership. Jeff and Mercer check in on their 2024 predictions six months in. 3:10: Economic predictions, with a focus on consumer spending and wealth inequality. Mercer predicts the economy will remain flat with improved revenues and profits. Jeff sees a widening gap between haves and have-nots, with some spending beyond means. 5:58: AI predictions, including personal AI assistants and integration. Mercer predicts interest rates will stay flat through the year, while Jeff expects them to remain steady but potentially go down. Mercer also mentions the increasing importance of AI and automation in the workplace and highlights the growing interest in freelance activity due to layoffs. 9:56: AI's impact on jobs, with predictions of a 20% reduction in staff. Jeff discusses the integration of AI in writing, mentioning tools like Grammarly and LinkedIn. Mercer raises concerns about AI mimicking human writing but acknowledges its seamless integration. 13:53: AI consolidation and absorption of small companies. Mercer discusses Microsoft's acquisition of a company called Pi, which was shut down but the team now works for Microsoft. He predicts that AI will become ubiquitous, with one-stop shops for all things AI and specialization will be the next step. 18:44: AI, data privacy, and job resurgence. Mercer believes platforms like Google are pushing for better data privacy and consent, but it's a complex issue. He predicts a resurgence of skilled trades, such as electricians, due to AI-induced job displacement. 25:33: Adapting to market disruption through rapid pivots and digital detoxes. Jeff discusses Gen Z's approach to reindeer games, he finds digital detoxes and tiny homes appealing. Mercer agrees, citing rapid pivots and flexible structures as key to success in turbulent markets. 28:01: AI's potential impact on the economy, with a focus on surprises and consolidation. Jeff predicts one more AI surprise will be a game changer. Mercer expects AI to consolidate and become more mature by the end of the year.
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