How Amazon Turned Its Back on Vendors
- Amazon began inviting third-party sellers onto its marketplace in 2000. This helped expand selection and enabled Amazon to take a commission on each sale without holding inventory.
- But over the years, Amazon has increasingly prioritized its own private label brands over third-party sellers. It uses seller data to identify top-selling items, then makes its own competing product.
- Amazon can give preferential treatment to its own products in search rankings, stealing market share from third-party sellers. Many feel Amazon has "turned its back" on the vendors that helped its marketplace grow.
Women Underrepresented In AI Jobs & Chatbots
- Women make up just 26% of data and AI roles.
- 79% of women are highly exposed to AI automation versus 58% of men.
ChatGPT That Knows Your Sales Data Is Here
- Ponyrun is a "ChatGPT for your sales data" that provides insights on deals, clients, and money.
Instacart's Slow Delivery Times
- Instacart advertises 1-hour delivery for many orders, but customers report waits of 5 hours or more in some cases.
- Contributing factors include insufficient couriers, store inventory issues, and technical glitches in the app.
- Customers unhappy with delays are complaining on social media and leaving bad reviews. This could hurt Instacart's brand reputation.
Direct-to-Consumer Brands Struggle with Alexa
- Voice shopping via Amazon's Alexa is growing, but many direct-to-consumer brands are struggling to gain visibility.
- Alexa heuristics favor big mass-market brands shoppers are familiar with. Newer niche brands get buried.
- DTC brands report Alexa voice search driving little to no sales. But ignoring the channel isn't an option given forecasted growth.
Digital Mental Health Benefits
- Mental health disorders increased 25% from 2019 to 2023
- 88% of HR leaders say mental health benefits increase productivity
- Modern Health expanded offerings with personalized support
Global Employee Strikes
- Workers striking for better pay and benefits around the world
- Australia seeing strikes in energy and transportation sectors
- Over 320,000 workers on strike in US in 2023 so far
ChatGPT-4 Boosts Consultant Productivity
- BCG consultants with ChatGPT-4 were 12% more productive, 25% faster, and 40% higher quality than those without it.
- AI helped the worst consultants the most - bottom half saw 43% productivity boost vs 17% for top.
- Relying too much on AI led to worse performance on tasks too hard for ChatGPT-4.
Google Testing ChatGPT Rival Gemini
- Early testers say Gemini is on par with or better than GPT-4.
- Gemini trained on Google's proprietary data so could be more accurate.
- Potential features: voice commands, explaining charts/visuals.
- May rollout through Cloud first before public release.