The Personalised AI Economy
It's just for you
Free your newsletters from the inbox: Meco is a distraction-free space for reading newsletters outside the inbox. The app is packed with features designed to supercharge your learnings from your favourite writers. Become a more productive reader and cut out the noise with Meco - try the app today
Friends,
I’ve been thinking (a bit) about business models recently. The world was ruled for many years by a demand/supply economy. If there was a product need, you would supply that. As things have evolved, we have seen different business models, from subscription to SaaS that have changed how we consider access to a service or product.
In the background, we have also seen the human desire for experience - the experience economy. This covers anything from your live concert - The Weeknd, Taylor Swift, Coachella - to transformative experiences. People spend thousands of pounds/dollars/pesos/dhirams/euros to go to the latest Tony Robbins talk - or meditation retreat. They want to grow or change. It’s why people go to places like Burning Man or get blessed by the Pope or see inspirational speakers like Michelle Obama or Simon Sinek. We have moved from the agricultural economy, to the industrial one to a service economy to the experience economy to the transformational economy.
I think we are on the cusp of something new - The Personalised AI Economy. Ignore for a minute all of the noise that you are hearing about the next AI tool - and think about how you interact with technology today. You walk around with an AI assistant in your pocket, monitoring your every move. You log in to accounts and search or enquire. You have accounts that are linked together. You access your media consumption. This creates your digital twin.
With your digital twin, we are soon to be recommended very bespoke suggestions that will be just for you. It won’t be a mass recommendation. It will be so personal in nature based on the algorithms available - and it will become more and more personal. This will have wholesale changes to retail, media, training and a whole number of industries.
The experiences will become meaningful - just for you - but also enjoyable - and also instagrammable. Years ago this sort of specificity would have seemed like an intrusion to our world, to our privacy. But tomorrow we will say that this intimacy with AI is part of our own self-actualisation, our way of squeezing the best out of very unique lives.
Stay Curious - and don’t forget to be amazing,
Here are my recommendations for this week:
Now
News Without Motives: 1440 is the daily newsletter helping 2M+ people stay informed—it’s news without motives, edited to be unbiased as humanly possible. A five-minute read each morning, 100% free: Sign up now!
How companies spy on their employees as they push return-to-office — from monitoring badge swipes to tracking breaks: If you've ever thought your employer was watching, you may not have been wrong.
Why does Canada have three of the world's most liveable cities? Canada, eh? The land of the moose, maple syrup and the amazing outdoor (and where most of my extended family lives) - But Pearson Airport is a dive.
A boy saw 17 doctors over 3 years for chronic pain. ChatGPT found the diagnosis
Alex experienced pain that stopped him from playing with other children but doctors had no answers to why. His frustrated mom asked ChatGPT for help.
A Few Things I’m Pretty Sure About: wise words from Morgan Housel
The 3 Ways to Balance Money and Meaning: How much is a year of your life worth?
Next
Trends.vc: Join 50,000+ founders and investors discovering new markets and ideas. Our readers are saving 2,000+ hours of market research with free 5-minute reports on AI, Crypto and more. Sign up now!
The Generative AI Dossier: A selection of high-impact use cases across six major industries (Excellent compilation from Deloitte)
ChatGPT-owner OpenAI is exploring making its own AI chips: These options have included building its own AI chip, working more closely with other chipmakers including Nvidia and also diversifying its suppliers beyond Nvidia
When Hordes of Little AI Chatbots Are More Useful Than Giants Like ChatGPT: As we move beyond ChatGPT and Bard, we’re likely to see AI chatbots become less generic and more specialized. AIs are limited by the data they’re exposed to in order to make them better at what they do—in this case, mimicking human speech and providing users with useful answers.
Stanford to bioprint human hearts for implantation into live pigs: Organ transplants can save lives, but they’re plagued by long waiting lists and high chances of rejection. In a major step towards creating new organs on demand, Stanford scientists have now received a contract and funding for experiments to 3D print human hearts and implant them into live pigs.
6 free AI tools you’ve probably never heard of: you’ve heard of these: ChatGPT and Dall-E (OpenAI), Stable Diffusion (Stable Diffusion), Midjourney (Midjourney), Bing Chat, Bing Image Creator, and Copilot (Microsoft), Google Bard and Google SGE (Google), Claude (Anthropic), LLaMa and Meta AI (Meta), and Adobe Firefly (Adobe). These are just some of the generative AI products that come to mind when you think of mainstream AI. Though in truth, many of them are still in testing, and we’re in the very early days of generative AI. Any company with a breakthrough product can challenge these companies and their services.
Free your newsletters from the inbox: Meco is a distraction-free space for reading newsletters outside the inbox. The app is packed with features designed to supercharge your learnings from your favourite writers. Become a more productive reader and cut out the noise with Meco - try the app today
If you enjoyed this edition of Box of Amazing, please share and help me grow this group. If you share it on Twitter or LinkedIn, please tag me so that I can thank you.