Modern MBA
Modern MBA
  • Видео 47
  • Просмотров 31 369 360
Why AI Is Tech's Latest Hoax
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Tech is a sector unlike any other - it’s an industry where individuals can turn into billionaires overnight, ideas supersede fundamentals, and leaders are rewarded for showmanship. In today’s Silicon Valley, innovation is crowned and not earned. Venture capitalists and founders are symbiotic. Unprofitable companies are kept alive with injections of capital, gamed valuations, and manufactured hype with the goal of surviving long enough to IPO.
Starting in the early 2010s, Silicon Valley had championed big data as a revolutionary technology that could unearth deep insights, hidden patte...
Просмотров: 487 709

Видео

The Evolving Business of Doughnuts
Просмотров 352 тыс.Месяц назад
Visit NetSuite.com/ModernMBA to sign up for their one-of-a-kind flexible financing offer. Get 20% off DeleteMe US consumer plans when you go to joindeleteme.com/ModernMBA and use promo code MODERNMBA at checkout DeleteMe international Plans: international.joindeleteme.com, coupon MODERNMBA Donuts are a multi-billion dollar industry fueled by insatiable demand. The United States is the battlegro...
The Secret Hustlers Behind Chicago‘s Hottest Parties
Просмотров 89 тыс.2 месяца назад
Right now, Kajabi is offering a free 30-day trial to start your business if you go to kajabi.com/modernmba Every city has nightclubs - social venues where people can mingle with strangers, dance with friends, and escape the monotony of life in an environment of darkness, music, and chaos. As businesses, all nightclubs face the same challenge every week. If you’re a club owner, how do you make y...
The Dangerous Wild West of Online Gambling
Просмотров 305 тыс.3 месяца назад
Right now, Kajabi is offering a free 30-day trial to start your business if you go to kajabi.com/modernmba If you’ve watched any American sports game recently, there’s a good chance you were blasted with an ad from FanDuel, DraftKings, BetMGM, WynnBET, Caesars Online, and various online casinos promising free money and million dollar jackpots upon signup. Historically, sports betting and gambli...
How Taco Bell Crippled KFC & Pizza Hut
Просмотров 332 тыс.4 месяца назад
Use code MODERNMBA50 to get 50% OFF First Box and free wellness shots for life with any active subscription at bit.ly/3QtRqdt! Taco Bell is an extraordinary outlier by every measure. It’s a fast food chain that boasts a deeply passionate fanbase, enjoys a reputation for reliability, speed, and accuracy, and when it comes to business - Taco Bell has grown at such a breakneck pace over the past 2...
The Rise & Fall of Lionsgate
Просмотров 154 тыс.5 месяцев назад
Thanks to Storyblocks for sponsoring this video! Download unlimited stock media at one set price with Storyblocks: www.storyblocks.com/ModernMBA The movie industry is dominated by the “Big Five” of Paramount Studios, Universal, Sony Pictures, Warner Brothers, and Walt Disney Pictures - who eat up over 80% of the box office. But in a era where awards are meaningless, streaming has replaced DVDs,...
The Chilly Business of $1,000 Puffers
Просмотров 164 тыс.5 месяцев назад
Puffer jackets and the broader outerwear market are a competitive billion-dollar market that's been historically dominated by legacy brands like The North Face and Columbia. But in recent years, there has been a strong push towards luxury with the emergence of Canada Goose and Moncler. 10 years ago, spending $100-300 on a winter jacket would have been considered to be a top-of-the-line investme...
The Absurd Economics of Wish, AliExpress, and Temu
Просмотров 513 тыс.6 месяцев назад
Save time and money when you ship with Rollo. Use code MODERNMBA1 to get $10 off your first shipment. www.rollo.com/modernmba/ Temu is everywhere, promising that you can shop like a billionaire buying $10 wireless speakers, $12 sneakers, $20 drones and other cheap gadgets, clothes, backed with the promise of free shipping, 90-day returns, 30-day price adjustments, and deliveries within 2 weeks....
Pizza Wars: The Exorcism of Papa John’s
Просмотров 172 тыс.7 месяцев назад
Use code MODERNMBA50 to get 50% off your first Factor box at bit.ly/3QtRqdt! For a business about making and selling pizzas, Papa John's has gone through non-stop drama, infighting, and controversy in recent years. While every company has its problems, Papa John’s takes the cake with the founder trashing his own company in public. But when a founder says a racial remark in a recorded business m...
The Extinction of GoPro
Просмотров 561 тыс.7 месяцев назад
Go to kajabi.com/modernmba to get your 30 day free trial! In the 2010s, there was one startup who by the measures of Silicon Valley and Wall Street, seemed destined to be the next big billion-dollar consumer brand. That company was GoPro. GoPro took the world by storm with its game-changing cameras. With radically compact design, tiny form factor, high portability, rugged waterproof exteriors, ...
Fried Chicken Wars: The Curse of Popeyes
Просмотров 625 тыс.8 месяцев назад
For a free strategic alignment guide with evolved SWOT analysis, visit Organizational Physics. Click here: organizationalphysics.com/strategic-alignment-guide-modern-mba/ Popeye's chicken sandwich is one of the greatest modern business phenomenons. For years, McDonald’s, Burger King, KFC, and other leading brands have given up on innovation and instead lean on nostalgia to breathe life into sta...
The Dying Business of Roller Coasters
Просмотров 278 тыс.9 месяцев назад
If you’re struggling, consider therapy with our sponsor BetterHelp. Click betterhelp.com/mba for a 10% discount on your first month of therapy with a licensed professional specific to your needs. The amusement park, like the shopping mall and movie theater, was once an indispensable establishment for every major metropolitan. Before the Internet, the amusement park thrived as a provider of affo...
The Rise & Fall of Under Armour
Просмотров 953 тыс.10 месяцев назад
In the 2010s, there was one tiny American brand doing what no one else had been able to do for decades in sportswear. It had grown sales in North America at double digits every year for 13 years, taken market share from Nike, and leapfrogged Adidas as the new number #2 athletic brand in the United States. It was an upstart with a passionate fanbase, competed on quality over price, and backed by...
The Invincible Business of Diners
Просмотров 838 тыс.10 месяцев назад
Build wealth better with your own dedicated financial advisor and try Domain risk-free for 30 days: dmnmny.co/modernmba Fluffy pancakes, sunny-side eggs, crispy bacon, golden hash browns with buttered toast and coffee. For decades, diners have specialized in serving not just the hearty American breakfast but also classics like burgers, waffles, milkshakes, soup, and pie. Due to their sustained ...
Western Union: Banking & Finance for the Poor
Просмотров 460 тыс.11 месяцев назад
Banks make money by lending out the money that you deposit. The more cash you put in, the better you’re treated - transactions take priority, fees get waived, interest rates are higher, and a personal banker is assigned. On the flip side, the less money in your account, the more fees you pay, and the further back in the line you start from. Banks chase affluent accounts who bring large balances...
The Tech Revolution of Law Enforcement
Просмотров 127 тыс.Год назад
The Tech Revolution of Law Enforcement
How Cruises Make More Profits Than Airlines
Просмотров 566 тыс.Год назад
How Cruises Make More Profits Than Airlines
Why Starbucks Must Crush Unions to Survive
Просмотров 478 тыс.Год назад
Why Starbucks Must Crush Unions to Survive
How GameStop Fell Apart in 5 Years
Просмотров 651 тыс.Год назад
How GameStop Fell Apart in 5 Years
The Bait & Switch of Home Security
Просмотров 416 тыс.Год назад
The Bait & Switch of Home Security
The Resurrection of Abercrombie
Просмотров 130 тыс.Год назад
The Resurrection of Abercrombie
How Burger King Lost to Wendy’s
Просмотров 308 тыс.Год назад
How Burger King Lost to Wendy’s
The Timeless Business of Steakhouses
Просмотров 2,2 млнГод назад
The Timeless Business of Steakhouses
Why Uber Fails to Disrupt
Просмотров 421 тыс.Год назад
Why Uber Fails to Disrupt
How Self Storage Thrives Off The American Dream
Просмотров 1,1 млнГод назад
How Self Storage Thrives Off The American Dream
Why Football Is Bad Business
Просмотров 516 тыс.Год назад
Why Football Is Bad Business
A Tale of Greed: How 4 CEOs and $5B Failed Twitter
Просмотров 366 тыс.Год назад
A Tale of Greed: How 4 CEOs and $5B Failed Twitter
How Online Dating Apps Make Billions
Просмотров 168 тыс.Год назад
How Online Dating Apps Make Billions
Fried Chicken Wars: The Fall of KFC in America
Просмотров 2,9 млнГод назад
Fried Chicken Wars: The Fall of KFC in America
Buy Now, Pay Later: Echoes of the 2008 Recession
Просмотров 975 тыс.Год назад
Buy Now, Pay Later: Echoes of the 2008 Recession

Комментарии

  • @TheUnknownGamingify
    @TheUnknownGamingify 14 часов назад

    Knob creek

  • @therealmacaron
    @therealmacaron 15 часов назад

    2:45 *cries in cedar fair*

  • @justanaveragebalkan
    @justanaveragebalkan 15 часов назад

    Well the best advice i received in life, if the media is talking about it, it's scam don't waste your time.

  • @lukerbs
    @lukerbs 15 часов назад

    “No one has achieved any value with big data” is so not true

  • @lukerbs
    @lukerbs 16 часов назад

    you’re a little misinformed on this one

  • @BooklyCrashCourse
    @BooklyCrashCourse 16 часов назад

    AI uses big data

  • @BooklyCrashCourse
    @BooklyCrashCourse 16 часов назад

    I don't think AI is a hoax. it is an incredible technology. I use it so much and it is so helpful

  • @TheAwakenOne-wn5nx
    @TheAwakenOne-wn5nx 20 часов назад

    This video has answered every question that I've ever had about funeral homes, cemeteries 🪦 and the buisness of death ☠️. Very detailed and well explained. One of the best I've ever seen. Well done 👍🏿.

  • @carllelendt5452
    @carllelendt5452 21 час назад

    Simplistically put, the artificial, fake is, or will be, provided cheaper than the real or the natural, in terms of genuine human interaction. And with a lot of innovative tech., that which is initially provided is usually expensive. Then, after a few years, the cost of it drops off to a point of general affordability. And, as that happens, the quality is also improved on, fine-tuned.

    • @carllelendt5452
      @carllelendt5452 20 часов назад

      Real human interactions are too tedious, usually costly to manage, maintain, prone to law suits, strikes, hazardous unpredictable behaviors etc. So as businesses, we can avoid that costliness, and simply invest in AI human replacements. The savings to employers may help reduce consumer prices.

  • @rinaldijames
    @rinaldijames 22 часа назад

    1:22 Ashton Kutcher???? The guy from a movie with the Sweet and Dude Tattoo scene?

  • @jackjmaheriii
    @jackjmaheriii 23 часа назад

    They open late, they’re dirty, their employees hate their jobs… Krispy’s problem is that there customer service has gotten so bad that it’s cheapened what used to be a premium brand. And this is true across America.

  • @rcherrycoke7322
    @rcherrycoke7322 День назад

    More tech snake oil then

  • @InJunoWeTrust
    @InJunoWeTrust День назад

    0:13 is 994 Lundy Ave, San Jose, CA

  • @theGingerAutist
    @theGingerAutist День назад

    Turned me off immediately with the Disney adult “joke” at the beginning. Not only are you making fun of someone for your own profit, but you didn’t even credit their channel/footage. I’m huge into roller coasters and theme park design, and yes by extension, that includes Disney. I criticize them and their business constantly, so I hardly care about that, but you’re making fun of people who either are, or are adjacent, to the content you yourself are making here. As my first impression to this channel, this is far from the vibe. And you’re promoting BetterHelp? Do better.

  • @ashleypollak9844
    @ashleypollak9844 День назад

    This was a fantastically insightful video, thank you

  • @tonyraffetto931
    @tonyraffetto931 День назад

    Jesus thats one long Factor Ad

  • @TS6815
    @TS6815 День назад

    Listening on headphones and at 35:00 I realized what was coming on the lead in for the phone conversation and just blurted out "No" on a packed but practically silent train car

  • @pd783
    @pd783 День назад

    Wait is this about delivery dudes?

  • @paydenallen9552
    @paydenallen9552 День назад

    Basically, if big data and AI could allow them to "predict the future," they'd short their own stock.

  • @daniellewis9981
    @daniellewis9981 День назад

    I enjoyed the pessimism, but it is pessimistic. Similar arguments could be made about the automotive market. Cars cost more for consumers than they benefit. Cars mostly benefit the car companies. Non-automotive companies bought cars and found their profits didn't increase. Only companies that were focused on transportation made functional use of cars. New car technologies promised to improve something no one really needed. We got so many cars on the road, travel times in some places are longer than if we just lived in cities and used public transit. The stock market. We were promised profit-sharing by Albert Gallatin after the East India trading company, but we wound up with a system that favors insiders and the institutions that conduct the trading. Computers in general. Accounting. Fast food. Microwaves. Paint. Dental floss. Steel bridges. What's a worthwhile industry outside of agriculture? Companies exist to push paper (or bits) and get people paid so they can pay farmers to eat food they didn't grow themselves. Big-data was a farce, but so is most finance. Wealth transfer happened and some people got paid well.

  • @cressdiligent
    @cressdiligent День назад

    What are the loading on those steaks at 18 mins. Cant be spices...whoa

  • @EduardoHernandez-fq6ri
    @EduardoHernandez-fq6ri День назад

    Season passholder to Six Flags. Never plan on going to Disney.

  • @kanojo1969
    @kanojo1969 День назад

    Quite a few audio glitches when you start iterating over each company and it's data claims. The company names repeat several times. I thought it was my end but I reloaded and found exactly the same thing. This is around 15:00 to 25:00.

  • @age_of_reason
    @age_of_reason День назад

    In short, it's all one big pissing contest.

  • @lajoyalobos2009
    @lajoyalobos2009 День назад

    15:44 hit the nail on the head. Your employees are your greatest asset. Grumpy teens getting paid minimum wage don't care. Telling them to care until you're blue in the face accomplishes nothing and is just wasted effort. Pay, bonuses, benefits, those keep people around. I've worked in some places where an employee is utterly miserable but won't leave because the benefits are too good compared to elsewhere. A well trained and motivated employee is too good to lose. Turnover is expensive as new hires require training and make mistakes. If management doesn't care about the employees, the employees don't care about the company.

  • @StuartHetzler
    @StuartHetzler День назад

    the problem with the boy who cried wolf fable is that eventually, there really is a wolf and while the lesson of the story is to tell the truth, the other truth is that the sheep did get eaten at the end and AI could very well be that wolf.

  • @chrisbaker2669
    @chrisbaker2669 День назад

    I went to six flags magic mountain in la they have cool roller coasters. But six flags does not care about the customer experience at all. They have multiple rides with no air conditioning or fans with misters. Multiple rides were broken down or only running one car. The park is dirty and under staff. The food is greatly overpriced. The season pass is under priced so the park doesn’t have the money to put in proper maintenance.

  • @TaliaDreadlow-sp1oi
    @TaliaDreadlow-sp1oi День назад

    For the dude in the mall, is there an employee mark discount program? If not, would you be allowed to drop off coupons to the different stores for the employees?

  • @jonasheinicke11
    @jonasheinicke11 День назад

    I’m just thinking the whole time about how unhealthy that stuff is…. Corporate America at it’s best

  • @tomfurstyfield
    @tomfurstyfield 2 дня назад

    This video could be half the time if you cut out all the business talk sections 😂

  • @artisticendeavors5076
    @artisticendeavors5076 2 дня назад

    Ashton should be in prison.

  • @thalamay
    @thalamay 2 дня назад

    I‘m not sure. AI might not be a revolution which changes our societies over night. However, it could well be a slow burn. I have a bit of programming knowledge and as of today, I can use ChatGPT to help me program applications that are far beyond my capabilities. There are of course still limitations and it will be crucial to overcome them for AI to have a big effect on the job market. Still, the tangible things I can already create are impressive and could already cost quite a bit of jobs, if used properly. GPT 5 will be trained on much more data than GPT 4, so it stands to reason that the output quality will go up, just like it did from GPT 3 to 4. The main challenge that would be left is the so called context window which needs to get a lot bigger. This might be the Achilles heel of AI and prevent it from being too disruptive. So a lot will depend upon how big the lies are which the tech industry is spreading (there is no question that they lie in order to sell their fads).

  • @phyrr2
    @phyrr2 2 дня назад

    In the end, effective leadership is not based on intelligence or understanding. As humans we are extremely susceptible to suggestion, trying to "fit in" and mob justice. On top of that you have psychopaths and narcissists unchained by empathy and conscience that they're most of those who end up running things across all sectors and industries. By nature, a psychopath is sub-human - underdeveloped in the brain. And yet they have rule over the rest of us normal people. This is where evolution becomes antithesis to itself in the area of improvement due to societal evolution. Individuals operating vs. within a society vs. the society itself operating. We're pretty much doomed to repeat the same mistakes over and over again the way we're wired.

  • @edbail4399
    @edbail4399 2 дня назад

  • @ConversionCenters
    @ConversionCenters 2 дня назад

    We all live in a reality that features a system of rewards. entrepreneurs, bankers, marketers, deal makers, VC's and others pursue these rewards using "proven systems/tactics/strategies". Uber is still giving customers rides to the airport using money raised from investors somewhere. That is 15 years of "we'll be profitable soon". The amount of cash and it's deployment by Uber and Lyft over the time has warped an entire generation's value system around the price of a ride. the reward has been there for these companies execs and they take it...for 15 years if necessary. In 1903 there were 3,000 horse carriage/cart companies in the US. There were 200 car companies. The focus of all car companies at that time in history was to sell "hand built cars for rich people." This worked as in this is where the rewards were. Ford started with this premise but used the market's momentum and his early profits to develop a "car for everybody." So very few, including some of Ford's original partners saw his vision of a reward for producing this model T. At Fairchild Noyce saw a reward in selling an early chip for a dollar each thus, losing money on it. His partners and engineers lost their minds at the thought of this tactic, they only saw the punishment of selling below cost. Those trapped in the machine have to play the game to get paid. Uber has been selling dollar bills for about 73 cents for 15 years...Fairchild was making a good profit on those under priced chips within a year as the market adopted them and demand grew. Sun didn't have to lose money on their units. The product was priced and timed correctly, thus they were profitable early in their cycle. There is a tech religion that says you need to buy your market by pounding the marketing element and the losses will yield a profitable company in the future.. Not a problem as long as you have a plan for making money. Do you have one? "We just give away our product to get volume"....How is your timing? Wilson and Carlson at Haloid got their product to market at over $200,000 a unit. They were about to go out of business as unit volume was far to low to sustain. Then a sharp guy advised they lease the unit for $999 a month and sell each plain paper copy for 50 cents. It was 1960 and Xerox, the fastest growing technology company in history was born. They got the timing right, it was just a question of packaging that saved their bacon. These stories from an old man never change. The right product can be identified, but the timing must be correct and then, the big tech bugaboo...do you know how to make money? WeWork never ever showed how they would make money. They just knew how to sell the concept to investors and employees. Ford, Musk, Wilson, Noyce, the Sun Micro guys all knew exactly how they were going to make money on the product. Shocking how basic this concept is and how a good AI salesman can knock it out of your head.

  • @j.j.9538
    @j.j.9538 2 дня назад

    90% of the video doesn't even talk about AI

  • @michaelgedevani8352
    @michaelgedevani8352 2 дня назад

    You should consider doing an episode on the nootropics market

  • @emmettochrach-konradi2785
    @emmettochrach-konradi2785 2 дня назад

    Taco bell lost me when they removed the beefy frito burrito im sad to say.

  • @uui219
    @uui219 2 дня назад

    You can shop ANYWHWERE with ZIP. All the other services are bums compared to Zip.

  • @cjones3710
    @cjones3710 2 дня назад

    Not true, would always prefer smaller parks over WB or Star Trek Or Star wars Voyager

  • @ericl7703
    @ericl7703 2 дня назад

    The central claim of this vid isn’t supported by evidence or strong arguments. Rather, this video essay feels like you started with a premise and then cherry picked info/stats to fit the narrative. (Not to mention that I t’s disproven by the simple fact that there’s a thriving niche industry of amusement ride manufacturers.) A better analysis would have examined the books of these companies - which are mostly private I might add - rather than doing a case study on a chronically troubled minor player in the global market of regional thrill ride providers. There’s also, numerous factual errors throughout (eg Six Flags being the world’s largest regional amusement park operator).

  • @ConversionCenters
    @ConversionCenters 2 дня назад

    Dunkin' used to make the doughnuts "every four hours" this assured freshness. Dunkin' now makes the doughnuts in a big factory once a day so you know they are stale. Doughnuts do not age well. The folks who took over KK were so very smart with their new model? They assured every KK customer they will never get a fresh doughnut again. KK's foolish decision during franchise expansion: Package the product and sell it in supermarkets...everybody will try the stale KK supermarket doughnuts and say "hey, these are just as stale as every other doughnut I've ever had." The entire premise of KK is the damn thing is fresh. The entire premise of KK since they abandoned fresh product before expansion is the product was made a long time ago. "At our shop they make them fresh"....got it, just everywhere else they take a fried dough product and age it, this means the final product is poor. They make fried dough in front of you at the county fair because old fried dough is inedible. Thank God for banking professionals making important product decisions...they're so smart....what would we do without them?

  • @danraes5661
    @danraes5661 2 дня назад

    These businesses will never fluctuate much. The same cannot be said about your blood sugar after eating at one of these places 😂😂

  • @polarbeararecute4557
    @polarbeararecute4557 2 дня назад

    mikiko never heard about sanitary standarts

  • @ezra420420
    @ezra420420 2 дня назад

    Donuts the worst business for 20s

  • @ezra420420
    @ezra420420 2 дня назад

    It’s poisonous

  • @konigstigerr4518
    @konigstigerr4518 2 дня назад

    any translator that has been working the past few years can tell you what a pie in the sky fully automated llm-based machine translation is. not because mt doesn't work, it has its uses, but because searching anything has become a nightmare now that google's algorithms presume to think for you. if research is impossible, then mt will be relegated to the most simple passages in a text, the ones translators can do in their sleep, at best it saves some time. it's useful to ask for bathroom directions i guess.

  • @fleekwoodmac3705
    @fleekwoodmac3705 2 дня назад

    Nothing pleased me more than hearing, "Boomers are coming to the end of their value cycle."

  • @Jeremy-vf7su
    @Jeremy-vf7su 2 дня назад

    Go woke go broke. I’ll never take my kids to Disney. They don’t need their brains washed.

  • @YawehthedragondogofEL
    @YawehthedragondogofEL 3 дня назад

    Razzle Dazzle.