5 Minutes Podcast with Ricardo Vargas
Business:Careers
This week, Ricardo talks about the difficulties inherent in presenting a new product to the consumer. As an example, he mentions the recent launch of the artificial intelligence tool Google Bard, which is a competitor to ChatGPT.
Incorrect information was provided in response to a child's question to the James Webb Telescope.
For Google and other large corporations, failure is costly from many perspectives, most notably in terms of credibility and market value (Google lost $100 billion).
Ricardo notes that Google likely spent time and effort developing this new AI engine because the company has very skilled workers. But he wonders if executives were pressured to speed up the product's launch.
The question is, from a projects point of view, what is the cost of releasing an immature version? How reliable will we be as a company? Sometimes we rush to market with an unfinished product, which can have serious consequences for us and our business.
Listen to this week's #5minpodcast to learn more.
Using the Big Five Personality Traits Model to Select and Develop the Project Team
3 Reasons Why We Make So Many Mistakes While Deciding
Do Not Mess Up Your Communications By Using the Wrong Channel
Stop Overthinking With The 5-4-3-2-1 Method to Reduce Anxiety
Trying to Make Sense of Artificial Intelligence, ChatGPT and Dall-E
Understanding the Concept of Gray Rhinos and Our Negligence to Respond to Highly Likely and Impactful Events
Would you Attempt to Predict the Top 10 Global Risks for 2023?
Trust is The Key to Get Things Done
ChatGPT, AI and the Future on How we Manage Projects
The Year in Review and What to Expect of 2023
Why It Is Important to Recognize When It Is Time to Quit
Does Holacracy Work in Projects?
Directly from the PMI Summit 2022 in Las Vegas
Project Management is a Life Skill
What We Can Learn from Elizabeth Holmes (Theranos), Sam Bankman-Fried (FTX) and Elon Musk (Twitter)
Using Technology Readiness Level to Evaluate New Technology Risks
Understanding External Factors and Trends Using PESTLE Analysis
The Relevance of the Right Project Governance
Why Fear of Missing Out (FOMO) Is So Dangerous for You and Your Projects
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